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2-bed · 1,455 sqftReehan 4, The Old Town · 2nd floor · completed 2006

212, Reehan 4

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 17 September 2024
Last soldAED 3.45M17 September 2024
Current rentAED 130K /yr15 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 212, Reehan 4

What is 212 worth today?

Last sold for AED 3,450,000 in 2024

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17 Sep 2024SoldReady
AED 3,450,000AED 2,371 per sqft
8 Nov 2022SoldReady
AED 1,200,000AED 824 per sqft
15 Oct 2021RentedRenewal
AED 130,000/yr12 months · AED 89 per sqft
15 Oct 2020RentedRenewal
AED 130,000/yr12 months · AED 89 per sqft
15 Oct 2019RentedNew contract
AED 130,000/yr12 months · AED 89 per sqft
1 Jun 2018RentedNew contract
AED 160,000/yr12 months · AED 110 per sqft
1 Sep 2017RentedRenewal
AED 180,000/yr12 months · AED 124 per sqft
1 Sep 2016RentedNew contract
AED 180,000/yr12 months · AED 124 per sqft

Source: Dubai Land Department. Updated 17 September 2024.

Key facts

Type
2-bed apartment
Size
1,455 sqft
Floor
2nd of 3
Parking
B-2480
Developer
Emaar
Completed
2006
Service charge
AED 30,000 /yr
Last sold
AED 3.45M · September 2024
Building
Reehan 4

About 212, Reehan 4

212 is a two-bedroom apartment of 1,455 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 17 September 2024 for AED 3,450,000, or AED 2,371 per sqft.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 October 2021, is AED 130,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 30,000 a year.

Sales and rents for 212 over time

Rents
Unit 212, each contractTypical two-bed in Reehan 4
100K200K2013201720212025Typical rent by year: 2013 AED 136,000; 2014 AED 177,500; 2015 AED 180,000; 2016 AED 180,000; 2018 AED 160,000; 2019 AED 155,000; 2020 AED 140,000; 2021 AED 120,000; 2022 AED 125,000; 2023 AED 128,000; 2025 AED 220,000; 2026 AED 250,000New contract, July 2013: AED 131,250 a yearNew contract, October 2014: AED 200,000 a yearRenewal, October 2015: AED 200,000 a yearNew contract, September 2016: AED 180,000 a yearRenewal, September 2017: AED 180,000 a yearNew contract, June 2018: AED 160,000 a yearNew contract, October 2019: AED 130,000 a yearRenewal, October 2020: AED 130,000 a yearRenewal, October 2021: AED 130,000 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 4, and where 212 sits

All 4 2-beds →

212's AED 130,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Apr 20243,350,000
6 Jun 20222,030,000
22 Jan 20141,937,888
13 Jul 20113,800,000
0 2-bed sales 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
2031-bedAED 1.16M · Nov 2020
2041-bedAED 1.8M · May 2012
2051-bedAED 1.85M · Nov 2009
2061-bedAED 2.37M · Aug 2010
2071-bedAED 750K · Jan 2013
1–7 of 11

212, Reehan 4 in numbers

  • Sold 3 times: first on 15 September 2009 for AED 1,849,888, last on 17 September 2024 for AED 3,450,000 (AED 2,371 per sqft).
  • Rented since July 2013 on 9 Ejari contracts, from AED 131,250 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 30,000 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 17 September 2024.

Questions about 212, Reehan 4

What did unit 212 last sell for?

AED 3,450,000 on 17 September 2024: AED 2,371 per sqft for 1,455 sqft. The unit has 3 registered sales; the first was AED 1,849,888 in September 2009.

What is the rent for unit 212?

AED 130,000 a year on the contract renewed on 15 October 2021. The previous contract, from October 2020, was AED 130,000; the unit has been rented since July 2013.

How big is unit 212?

1,455 sqft (135.2 sqm): a two-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 212 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 212, Reehan 4

Starts from the last sale price (AED 3.45M, 17 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,450,000
Deposit, UAE resident (20%)
AED 690,000
Deposit, non-resident (40%)
AED 1,380,000
Monthly over 25 years at 3.7%
AED 14,115

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