1-bed · 938 sqftReehan 4, The Old Town · 3rd floor · completed 2006

303, Reehan 4

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 30 August 2023
Last soldAED 1.75M30 August 2023
Current rentAED 50K /yr4 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Reehan 4

What is 303 worth today?

Last sold for AED 1,750,000 in 2023

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30 Aug 2023SoldReady
AED 1,750,000AED 1,865 per sqft
4 Oct 2019RentedRenewal
AED 50,000/yr60 months · AED 53 per sqft
4 Oct 2018RentedNew contract
AED 100,000/yr12 months · AED 107 per sqft
9 Feb 2017RentedNew contract
AED 119,644/yr12 months · AED 128 per sqft
7 Jul 2016RentedNew contract
AED 150,000/yr12 months · AED 160 per sqft
24 Jun 2015SoldReady
AED 1,600,000AED 1,705 per sqft
29 Apr 2015Sold by developerReady
AED 1,161,888AED 1,238 per sqft

Source: Dubai Land Department. Updated 30 August 2023.

Key facts

Type
1-bed apartment
Size
938 sqft
Floor
3rd of 3
Parking
B-2503
Developer
Emaar
Completed
2006
Service charge
AED 19,300 /yr
Last sold
AED 1.75M · August 2023
Building
Reehan 4

About 303, Reehan 4

303 is a one-bedroom apartment of 938 sqft on the 3rd floor of Reehan 4, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 30 August 2023 for AED 1,750,000, or AED 1,865 per sqft, in line with the AED 1,865 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 4 October 2019, is AED 50,000 a year: a gross yield of 2.9% on the 2023 price, before the service charge of about AED 19,300 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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, April 2015: AED 1,161,888 (AED 1,238 per sqft)Sold, June 2015: AED 1,600,000 (AED 1,705 per sqft)Sold, August 2023: AED 1,750,000 (AED 1,865 per sqft)

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

Rents
Unit 303, each contractTypical one-bed in Reehan 4
50K100K150K2012201620202024Typical 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, July 2016: AED 150,000 a yearNew contract, February 2017: AED 119,644 a yearNew contract, October 2018: AED 100,000 a yearRenewal, October 2019: AED 50,000 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 303 sits

All 43 1-beds →

303 last sold in August 2023 at AED 1,865 per sqft, in line with what one-beds in Reehan 4 were fetching at the time (AED 1,865). 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. 303's AED 50,000 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 3rd floor

All 47 units in Reehan 4
Value
3011-bedAED 1.22M · Oct 2010
3021-bedAED 2.2M · May 2014
3041-bedAED 1.52M · Apr 2017
3051-bedAED 650K · Dec 2018
3061-bedAED 1.94M · Oct 2026
3071-bedAED 2.19M · Feb 2025
3081-bedAED 1.15M · Jun 2010
1–7 of 11

303, Reehan 4 in numbers

  • Sold 3 times: first on 29 April 2015 for AED 1,161,888, last on 30 August 2023 for AED 1,750,000 (AED 1,865 per sqft).
  • Rented since July 2016 on 4 Ejari contracts, from AED 150,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 2.9%, 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 30 August 2023.

Questions about 303, Reehan 4

What did unit 303 last sell for?

AED 1,750,000 on 30 August 2023: AED 1,865 per sqft for 938 sqft. The unit has 3 registered sales; the first was AED 1,161,888 in April 2015.

What is the rent for unit 303?

AED 50,000 a year on the contract renewed on 4 October 2019. The previous contract, from October 2018, was AED 100,000; the unit has been rented since July 2016.

How big is unit 303?

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

What is unit 303 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 303, Reehan 4

Starts from the last sale price (AED 1.75M, 30 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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