2-bed · 1,574 sqftReehan 3, The Old Town · Ground floor · completed 2006

G10, Reehan 3

Sold prices and rental history: sold 3 times, last in July 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G10 · DLD and Ejari recordsUpdated 4 July 2021
Last soldAED 2.65M4 July 2021
Current rentAED 125K /yr20 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G10, Reehan 3

What is G10 worth today?

Last sold for AED 2,650,000 in 2021

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4 Jul 2021SoldReady
AED 2,650,000AED 1,683 per sqft
20 Aug 2020RentedNew contract
AED 125,000/yr24 months · AED 80 per sqft
1 Oct 2019RentedRenewal
AED 160,000/yr12 months · AED 102 per sqft
1 Oct 2018RentedRenewal
AED 170,000/yr12 months · AED 108 per sqft
1 Oct 2017RentedRenewal
AED 180,000/yr12 months · AED 115 per sqft
1 Oct 2016RentedNew contract
AED 180,000/yr12 months · AED 115 per sqft
15 Aug 2015RentedNew contract
AED 188,000/yr12 months · AED 120 per sqft
16 Aug 2014RentedNew contract
AED 185,000/yr12 months · AED 118 per sqft

Source: Dubai Land Department. Updated 4 July 2021.

Key facts

Type
2-bed apartment
Size
1,574 sqft
Floor
Ground of 4
Parking
B-2307
Developer
Emaar
Completed
2006
Service charge
AED 32,500 /yr
Last sold
AED 2.65M · July 2021
Building
Reehan 3

About G10, Reehan 3

G10 is a two-bedroom apartment of 1,574 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 4 July 2021 for AED 2,650,000, or AED 1,683 per sqft, 32% above the AED 1,277 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 20 August 2020, is AED 125,000 a year: a gross yield of 4.7% on the 2021 price, before the service charge of about AED 32,500 a year.

Sales and rents for G10 over time

Sales
Unit G10, each saleTypical two-bed in Reehan 3
2M3M2009201320172021Typical sale price by year: 2009 AED 1,598,888; 2010 AED 1,854,888; 2011 AED 1,725,888; 2012 AED 1,875,000; 2013 AED 3,250,000; 2021 AED 2,237,500Sold by developer, July 2010: AED 1,953,888 (AED 1,241 per sqft)Sold, November 2013: AED 3,250,000 (AED 2,064 per sqft)Sold, July 2021: AED 2,650,000 (AED 1,683 per sqft)

G10 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit G10, each contractTypical two-bed in Reehan 3
100K150K200K2013201720212025Typical rent by year: 2013 AED 152,500; 2014 AED 155,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 164,543; 2018 AED 137,500; 2019 AED 125,000; 2020 AED 108,500; 2021 AED 105,000; 2022 AED 130,000; 2023 AED 157,500; 2024 AED 170,000; 2025 AED 170,000; 2026 AED 156,000New contract, August 2013: AED 170,000 a yearNew contract, August 2014: AED 185,000 a yearNew contract, August 2015: AED 188,000 a yearNew contract, October 2016: AED 180,000 a yearRenewal, October 2017: AED 180,000 a yearRenewal, October 2018: AED 170,000 a yearRenewal, October 2019: AED 160,000 a yearNew contract, August 2020: AED 125,000 a year

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

2-beds in Reehan 3, and where G10 sits

All 20 2-beds →

G10 last sold in July 2021 at AED 1,683 per sqft, 32% above what two-beds in Reehan 3 were fetching at the time (AED 1,277). G10's AED 125,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20243,000,000
5 Dec 20233,950,000
16 Nov 20232,600,000
29 Jun 20222,150,000
0 2-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
G071-bedAED 2.03M · Nov 2021
G082-bedAED 2.45M · Sep 2012
1–7 of 8

G10, Reehan 3 in numbers

  • Sold 3 times: first on 26 July 2010 for AED 1,953,888, last on 4 July 2021 for AED 2,650,000 (AED 1,683 per sqft).
  • Rented since August 2013 on 8 Ejari contracts, from AED 170,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2021 price is 4.7%, before a service charge of about AED 32,500 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 4 July 2021.

Questions about G10, Reehan 3

What did unit G10 last sell for?

AED 2,650,000 on 4 July 2021: AED 1,683 per sqft for 1,574 sqft. The unit has 3 registered sales; the first was AED 1,953,888 in July 2010.

What is the rent for unit G10?

AED 125,000 a year on the contract signed on 20 August 2020. The previous contract, from October 2019, was AED 160,000; the unit has been rented since August 2013.

How big is unit G10?

1,574 sqft (146.2 sqm): a two-bedroom apartment on the ground floor of a 4-storey tower completed in 2006.

What is unit G10 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on G10, Reehan 3

Starts from the last sale price (AED 2.65M, 4 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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