3-bed · 2,155 sqftReehan 3, The Old Town · 3rd floor · completed 2006

309, Reehan 3

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 14 March 2025
Last soldAED 5.6M14 March 2025
Current rentAED 280K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Reehan 3

What is 309 worth today?

Last sold for AED 5,600,000 in 2025

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14 Mar 2025SoldReady
AED 5,600,000AED 2,598 per sqft
1 Jan 2024RentedRenewal
AED 280,000/yr12 months · AED 130 per sqft
1 Jan 2023RentedNew contract
AED 280,000/yr12 months · AED 130 per sqft
15 Oct 2021RentedRenewal
AED 140,000/yr12 months · AED 65 per sqft
15 Oct 2020RentedNew contract
AED 140,000/yr12 months · AED 65 per sqft
15 Aug 2019RentedRenewal
AED 215,000/yr12 months · AED 100 per sqft
15 Aug 2018RentedNew contract
AED 215,000/yr12 months · AED 100 per sqft
12 Jun 2017RentedNew contract
AED 260,000/yr12 months · AED 121 per sqft

Source: Dubai Land Department. Updated 14 March 2025.

Key facts

Type
3-bed apartment
Size
2,155 sqft
Floor
3rd of 4
Parking
B-2310,B-2311
Developer
Emaar
Completed
2006
Service charge
AED 44,400 /yr
Last sold
AED 5.6M · March 2025
Building
Reehan 3

About 309, Reehan 3

309 is a three-bedroom apartment of 2,155 sqft on the 3rd floor of Reehan 3, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 14 March 2025 for AED 5,600,000, or AED 2,598 per sqft.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 280,000 a year: a gross yield of 5.0% on the 2025 price, before the service charge of about AED 44,400 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical three-bed in Reehan 3
4M6M2009201420192024Typical sale price by year: 2010 AED 2,596,888; 2012 AED 3,311,116Sold by developer, June 2009: AED 2,865,888 (AED 1,329 per sqft)Sold, March 2025: AED 5,600,000 (AED 2,598 per sqft)

309 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 309, each contractTypical three-bed in Reehan 3
200K300K2012201620202024Typical rent by year: 2013 AED 218,785; 2015 AED 270,000; 2016 AED 265,000; 2017 AED 240,000; 2018 AED 230,000; 2019 AED 230,000; 2020 AED 172,500; 2021 AED 155,000; 2022 AED 165,000; 2023 AED 260,000; 2024 AED 260,000; 2025 AED 245,000; 2026 AED 230,000New contract, December 2012: AED 210,000 a yearNew contract, November 2013: AED 218,785 a yearNew contract, March 2016: AED 275,000 a yearNew contract, June 2017: AED 260,000 a yearNew contract, August 2018: AED 215,000 a yearRenewal, August 2019: AED 215,000 a yearNew contract, October 2020: AED 140,000 a yearRenewal, October 2021: AED 140,000 a yearNew contract, January 2023: AED 280,000 a yearRenewal, January 2024: AED 280,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Reehan 3, and where 309 sits

All 8 3-beds →

Over the last 12 months three-beds sold for AED 5,750,000, around AED 2,662 per sqft, and rent for AED 220,000 to 285,000 a year. 309's AED 280,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 May 20265,750,000
30 Mar 20212,950,000
1 Oct 20184,900,000
3 Mar 20132,900,000
1 3-bed sale in the last 12 months

Reehan 3

Building

47 apartments, 1-bed to 3-bed over 4 floors in The Old Town, completed in 2006 by Emaar. 3 sold in the last 12 months.

Typical price per sqft
AED 2,662
Typical sale
AED 5.75M
Typical rent
AED 138K /yr
Typical yield
4.4%
Reehan 3, The Old Town: prices, sales and rents →

Other units on the 3rd floor

All 47 units in Reehan 3
Value
3011-bedAED 1.8M · Jul 2025
3021-bedAED 975K · Jul 2010
3032-bedAED 1.52M · Sep 2013
3042-bedAED 2.6M · Nov 2023
3053-bedAED 2.17M · Oct 2012
3061-bedAED 2.3M · Nov 2024
3071-bedAED 1.68M · May 2023
1–7 of 10

309, Reehan 3 in numbers

  • Sold twice: first on 10 June 2009 for AED 2,865,888, last on 14 March 2025 for AED 5,600,000 (AED 2,598 per sqft).
  • Rented since December 2012 on 10 Ejari contracts. The rent fell from AED 210,000 to AED 140,000 in 2021 and recovered to AED 280,000 by January 2024.
  • At AED 280,000 a year the gross yield on the 2025 price is 5.0%, before a service charge of about AED 44,400 a year (AED 20.62 per sqft).
  • Three-beds in Reehan 3 sold for AED 5,750,000–5,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,662 per sqft.

Source: Dubai Land Department. Updated 14 March 2025.

Questions about 309, Reehan 3

What did unit 309 last sell for?

AED 5,600,000 on 14 March 2025: AED 2,598 per sqft for 2,155 sqft. The unit has 2 registered sales; the first was AED 2,865,888 in June 2009.

What is the rent for unit 309?

AED 280,000 a year on the contract renewed on 1 January 2024. The previous contract, from January 2023, was AED 280,000; the unit has been rented since December 2012.

How big is unit 309?

2,155 sqft (200.2 sqm): a three-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2006.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Reehan 3 sold for AED 5,750,000 to 5,750,000 in the last 12 months, around AED 2,662 per sqft.

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Mortgage on 309, Reehan 3

Starts from the last sale price (AED 5.6M, 14 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 5,600,000
Deposit, UAE resident (20%)
AED 1,120,000
Deposit, non-resident (40%)
AED 2,240,000
Monthly over 25 years at 3.7%
AED 22,911

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →