1-bed · 1,014 sqftReehan 3, The Old Town · Ground floor · completed 2006

G07, Reehan 3

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G07 · DLD and Ejari recordsUpdated 11 November 2021
Last soldAED 2.03M11 November 2021
Current rentAED 90K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G07, Reehan 3

What is G07 worth today?

Last sold for AED 2,025,000 in 2021

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11 Nov 2021SoldReady
AED 2,025,000AED 1,997 per sqft
1 Sep 2021RentedRenewal
AED 90,000/yr12 months · AED 89 per sqft
1 Sep 2020RentedNew contract
AED 90,000/yr12 months · AED 89 per sqft
1 Sep 2018RentedNew contract
AED 125,002/yr12 months · AED 124 per sqft
1 Sep 2017RentedNew contract
AED 143,077/yr13 months · AED 141 per sqft
1 Aug 2016RentedNew contract
AED 170,000/yr12 months · AED 168 per sqft
23 Mar 2013RentedNew contract
AED 130,000/yr12 months · AED 128 per sqft
4 May 2010Sold by developerReady
AED 2,450,000AED 2,416 per sqft

Source: Dubai Land Department. Updated 11 November 2021.

Key facts

Type
1-bed apartment
Size
1,014 sqft
Floor
Ground of 4
Parking
B-2347
Developer
Emaar
Completed
2006
Service charge
AED 20,900 /yr
Last sold
AED 2.03M · November 2021
Building
Reehan 3

About G07, Reehan 3

G07 is a one-bedroom apartment of 1,014 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 11 November 2021 for AED 2,025,000, or AED 1,997 per sqft, 45% above the AED 1,382 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 September 2021, is AED 90,000 a year: a gross yield of 4.4% on the 2021 price, before the service charge of about AED 20,900 a year.

Sales and rents for G07 over time

Sales
Unit G07, each saleTypical one-bed in Reehan 3
1M2M20092013201720212025Typical sale price by year: 2009 AED 1,259,888; 2010 AED 1,274,888; 2011 AED 910,000; 2015 AED 1,740,000; 2021 AED 1,400,000; 2024 AED 2,000,000Sold by developer, May 2010: AED 2,450,000 (AED 2,416 per sqft)Sold, November 2021: AED 2,025,000 (AED 1,997 per sqft)

G07 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit G07, each contractTypical one-bed in Reehan 3
100K150K2013201720212025Typical rent by year: 2013 AED 105,000; 2014 AED 105,000; 2015 AED 125,000; 2016 AED 127,500; 2017 AED 105,000; 2018 AED 110,000; 2019 AED 94,000; 2020 AED 85,000; 2021 AED 80,000; 2022 AED 90,000; 2023 AED 92,500; 2024 AED 115,000; 2025 AED 116,000; 2026 AED 112,750New contract, March 2013: AED 130,000 a yearNew contract, August 2016: AED 170,000 a yearNew contract, September 2017: AED 143,077 a yearNew contract, September 2018: AED 125,002 a yearNew contract, September 2020: AED 90,000 a yearRenewal, September 2021: AED 90,000 a year

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

1-beds in Reehan 3, and where G07 sits

All 19 1-beds →

G07 last sold in November 2021 at AED 1,997 per sqft, 45% above what one-beds in Reehan 3 were fetching at the time (AED 1,382). Over the last 12 months one-beds sold for AED 30,521 to 49,282, around AED 49 per sqft, and rent for AED 90,000 to 135,000 a year. G07's AED 90,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jul 202630,521
12 Jan 202649,282
9 Jul 20251,800,000
15 Nov 20242,300,000
2 1-bed sales 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
G053-bedAED 4.9M · Oct 2018
G061-bedAED 1.75M · Jul 2019
G082-bedAED 2.45M · Sep 2012
G091-bedAED 1.35M · Feb 2011
1–7 of 8

G07, Reehan 3 in numbers

  • Sold twice: first on 4 May 2010 for AED 2,450,000, last on 11 November 2021 for AED 2,025,000 (AED 1,997 per sqft).
  • Rented since March 2013 on 6 Ejari contracts, from AED 130,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2021 price is 4.4%, before a service charge of about AED 20,900 a year (AED 20.62 per sqft).
  • One-beds in Reehan 3 sold for AED 30,521–49,282 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 11 November 2021.

Questions about G07, Reehan 3

What did unit G07 last sell for?

AED 2,025,000 on 11 November 2021: AED 1,997 per sqft for 1,014 sqft. The unit has 2 registered sales; the first was AED 2,450,000 in May 2010.

What is the rent for unit G07?

AED 90,000 a year on the contract renewed on 1 September 2021. The previous contract, from September 2020, was AED 90,000; the unit has been rented since March 2013.

How big is unit G07?

1,014 sqft (94.2 sqm): a one-bedroom apartment on the ground floor of a 4-storey tower completed in 2006.

What is unit G07 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Reehan 3 sold for AED 30,521 to 49,282 in the last 12 months, around AED 49 per sqft.

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Mortgage on G07, Reehan 3

Starts from the last sale price (AED 2.03M, 11 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,025,000
Deposit, UAE resident (20%)
AED 405,000
Deposit, non-resident (40%)
AED 810,000
Monthly over 25 years at 3.7%
AED 8,285

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