3-bed · 1,883 sqftReehan 3, The Old Town · Ground floor · completed 2006

G05, Reehan 3

Sold prices and rental history: sold 3 times, last in October 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G05 · DLD and Ejari recordsUpdated 1 October 2018
Last soldAED 4.9M1 October 2018
Current rentAED 260K /yr1 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G05, Reehan 3

What is G05 worth today?

Last sold for AED 4,900,000 in 2018

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1 Oct 2018SoldReady
AED 4,900,000AED 2,602 per sqft
1 Mar 2016RentedNew contract
AED 260,000/yr12 months · AED 138 per sqft
13 May 2013RentedNew contract
AED 175,000/yr12 months · AED 93 per sqft
16 Oct 2012SoldReady
AED 3,600,000AED 1,911 per sqft
14 Oct 2010Sold by developerReady
AED 2,629,888AED 1,396 per sqft

Source: Dubai Land Department. Updated 1 October 2018.

Key facts

Type
3-bed apartment
Size
1,883 sqft
Floor
Ground of 4
Parking
B-2446-2445
Developer
Emaar
Completed
2006
Service charge
AED 38,800 /yr
Last sold
AED 4.9M · October 2018
Building
Reehan 3

About G05, Reehan 3

G05 is a three-bedroom apartment of 1,883 sqft on the ground floor of Reehan 3, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 1 October 2018 for AED 4,900,000, or AED 2,602 per sqft.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 March 2016, is AED 260,000 a year: a gross yield of 5.3% on the 2018 price, before the service charge of about AED 38,800 a year.

Sales and rents for G05 over time

Sales
Unit G05, each saleTypical three-bed in Reehan 3
4M2010201320162019Typical sale price by year: 2010 AED 2,596,888; 2012 AED 3,311,116Sold by developer, October 2010: AED 2,629,888 (AED 1,396 per sqft)Sold, October 2012: AED 3,600,000 (AED 1,911 per sqft)Sold, October 2018: AED 4,900,000 (AED 2,602 per sqft)

G05 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit G05, each contractTypical three-bed in Reehan 3
200K2013201720212025Typical 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, May 2013: AED 175,000 a yearNew contract, March 2016: AED 260,000 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 G05 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. G05's AED 260,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 May 20265,750,000
14 Mar 20255,600,000
30 Mar 20212,950,000
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 ground floor

All 47 units in Reehan 3
Value
G022-bedAED 1.72M · Dec 2018
G032-bedAED 3.95M · Dec 2023
G042-bedAED 3.25M · Apr 2013
G061-bedAED 1.75M · Jul 2019
G071-bedAED 2.03M · Nov 2021
G082-bedAED 2.45M · Sep 2012
G091-bedAED 1.35M · Feb 2011
1–7 of 8

G05, Reehan 3 in numbers

  • Sold 3 times: first on 14 October 2010 for AED 2,629,888, last on 1 October 2018 for AED 4,900,000 (AED 2,602 per sqft).
  • Rented since May 2013 on 2 Ejari contracts, from AED 175,000 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2018 price is 5.3%, before a service charge of about AED 38,800 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 1 October 2018.

Questions about G05, Reehan 3

What did unit G05 last sell for?

AED 4,900,000 on 1 October 2018: AED 2,602 per sqft for 1,883 sqft. The unit has 3 registered sales; the first was AED 2,629,888 in October 2010.

What is the rent for unit G05?

AED 260,000 a year on the contract signed on 1 March 2016. The previous contract, from May 2013, was AED 175,000.

How big is unit G05?

1,883 sqft (174.9 sqm): a three-bedroom apartment on the ground floor of a 4-storey tower completed in 2006.

What is unit G05 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 G05, Reehan 3

Starts from the last sale price (AED 4.9M, 1 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 4,900,000
Deposit, UAE resident (20%)
AED 980,000
Deposit, non-resident (40%)
AED 1,960,000
Monthly over 25 years at 3.7%
AED 20,047

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