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1-bed · 938 sqftReehan 4, The Old Town · 2nd floor · completed 2006

203, Reehan 4

Sold prices and rental history: sold 3 times, last in November 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 19 November 2020
Last soldAED 1.16M19 November 2020
Current rentAED 90K /yr15 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Reehan 4

What is 203 worth today?

Last sold for AED 1,160,000 in 2020

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19 Nov 2020SoldReady
AED 1,160,000AED 1,236 per sqft
15 Aug 2019RentedRenewal
AED 90,000/yr12 months · AED 96 per sqft
15 Aug 2018RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft
11 Jul 2018SoldReady
AED 1,270,000AED 1,353 per sqft
15 Aug 2017RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft
1 Nov 2016RentedNew contract
AED 95,000/yr12 months · AED 101 per sqft
25 Aug 2015RentedRenewal
AED 105,000/yr12 months · AED 112 per sqft
25 Aug 2014RentedNew contract
AED 100,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 19 November 2020.

Key facts

Type
1-bed apartment
Size
938 sqft
Floor
2nd of 3
Parking
B-2440
Developer
Emaar
Completed
2006
Service charge
AED 19,300 /yr
Last sold
AED 1.16M · November 2020
Building
Reehan 4

About 203, Reehan 4

203 is a one-bedroom apartment of 938 sqft on the 2nd floor of Reehan 4, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 19 November 2020 for AED 1,160,000, or AED 1,236 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 15 August 2019, is AED 90,000 a year: a gross yield of 7.8% on the 2020 price, before the service charge of about AED 19,300 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in Reehan 4
1M1.5M2M20092013201720212025Typical sale price by year: 2009 AED 1,161,888; 2010 AED 1,190,888; 2011 AED 1,090,000; 2012 AED 1,200,000; 2014 AED 1,975,318; 2015 AED 1,600,000; 2016 AED 1,665,000; 2017 AED 1,520,000; 2018 AED 1,057,500; 2023 AED 1,800,000; 2024 AED 1,900,000Sold by developer, November 2010: AED 1,151,888 (AED 1,228 per sqft)Sold, July 2018: AED 1,270,000 (AED 1,353 per sqft)Sold, November 2020: AED 1,160,000 (AED 1,236 per sqft)

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

Rents
Unit 203, each contractTypical one-bed in Reehan 4
75K100K125K2012201620202024Typical rent by year: 2012 AED 68,000; 2013 AED 100,000; 2014 AED 115,000; 2015 AED 115,000; 2016 AED 116,750; 2017 AED 115,000; 2018 AED 108,750; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 86,100; 2023 AED 95,000; 2024 AED 110,000; 2025 AED 120,000; 2026 AED 112,000New contract, August 2013: AED 93,000 a yearNew contract, August 2014: AED 100,000 a yearRenewal, August 2015: AED 105,000 a yearNew contract, November 2016: AED 95,000 a yearNew contract, August 2017: AED 90,000 a yearNew contract, August 2018: AED 90,000 a yearRenewal, August 2019: 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 4, and where 203 sits

All 43 1-beds →

Over the last 12 months one-beds sold for AED 1,940,000, around AED 1,979 per sqft, and rent for AED 90,000 to 150,000 a year. 203's AED 90,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Oct 20261,940,000
17 Feb 20252,188,000
11 Dec 20241,900,000
10 Jun 20242,100,000
1 1-bed sale in the last 12 months

Reehan 4

Building

47 apartments, 1-bed to 2-bed over 3 floors in The Old Town, completed in 2006 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 1,979
Typical sale
AED 1.94M
Typical rent
AED 115K /yr
Typical yield
5.8%
Reehan 4, The Old Town: prices, sales and rents →

Other units on the 2nd floor

All 47 units in Reehan 4
Value
2011-bedAED 1.16M · Dec 2009
2021-bedAED 1.31M · Apr 2009
2041-bedAED 1.8M · May 2012
2051-bedAED 1.85M · Nov 2009
2061-bedAED 2.37M · Aug 2010
2071-bedAED 750K · Jan 2013
2081-bedAED 1.43M · Nov 2021
1–7 of 11

203, Reehan 4 in numbers

  • Sold 3 times: first on 9 November 2010 for AED 1,151,888, last on 19 November 2020 for AED 1,160,000 (AED 1,236 per sqft).
  • Rented since August 2013 on 7 Ejari contracts, from AED 93,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2020 price is 7.8%, before a service charge of about AED 19,300 a year (AED 20.62 per sqft).
  • One-beds in Reehan 4 sold for AED 1,940,000–1,940,000 in the 12 months to November 2026; the building's median across all types is AED 1,979 per sqft.

Source: Dubai Land Department. Updated 19 November 2020.

Questions about 203, Reehan 4

What did unit 203 last sell for?

AED 1,160,000 on 19 November 2020: AED 1,236 per sqft for 938 sqft. The unit has 3 registered sales; the first was AED 1,151,888 in November 2010.

What is the rent for unit 203?

AED 90,000 a year on the contract renewed on 15 August 2019. The previous contract, from August 2018, was AED 90,000; the unit has been rented since August 2013.

How big is unit 203?

938 sqft (87.1 sqm): a one-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Reehan 4 sold for AED 1,940,000 to 1,940,000 in the last 12 months, around AED 1,979 per sqft.

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Mortgage on 203, Reehan 4

Starts from the last sale price (AED 1.16M, 19 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,160,000
Deposit, UAE resident (20%)
AED 232,000
Deposit, non-resident (40%)
AED 464,000
Monthly over 25 years at 3.7%
AED 4,746

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