1-bed · 971 sqftReehan 4, The Old Town · Ground floor · completed 2006

G02, Reehan 4

Sold prices and rental history: sold twice, last in June 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 5 October 2023
Last soldAED 845K19 June 2018
Current rentAED 110K /yr5 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, Reehan 4

What is G02 worth today?

Last sold for AED 845,000 in 2018

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5 Oct 2023RentedRenewal
AED 110,000/yr12 months · AED 113 per sqft
5 Oct 2022RentedRenewal
AED 108,000/yr12 months · AED 111 per sqft
5 Oct 2021RentedNew contract
AED 108,000/yr12 months · AED 111 per sqft
7 Dec 2018RentedNew contract
AED 120,000/yr11 months · AED 124 per sqft
7 Nov 2018RentedNew contract
AED 120,000/yr12 months · AED 124 per sqft
19 Jun 2018SoldReady
AED 845,000AED 870 per sqft
7 Nov 2017RentedRenewal
AED 115,000/yr12 months · AED 118 per sqft
7 Nov 2016RentedRenewal
AED 115,000/yr12 months · AED 118 per sqft

Source: Dubai Land Department. Updated 5 October 2023.

Key facts

Type
1-bed apartment
Size
971 sqft
Floor
Ground of 3
Parking
B-2530
Developer
Emaar
Completed
2006
Service charge
AED 20,000 /yr
Last sold
AED 845K · June 2018
Building
Reehan 4

About G02, Reehan 4

G02 is a one-bedroom apartment of 971 sqft on the ground floor of Reehan 4, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 19 June 2018 for AED 845,000, or AED 870 per sqft.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 5 October 2023, is AED 110,000 a year: a gross yield of 13.0% on the 2018 price, before the service charge of about AED 20,000 a year.

Sales and rents for G02 over time

Sales
Unit G02, each saleTypical one-bed in Reehan 4
1M2M20092013201720212025Typical 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, July 2010: AED 675,944 (AED 696 per sqft)Sold, June 2018: AED 845,000 (AED 870 per sqft)

G02 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit G02, 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, November 2014: AED 115,000 a yearNew contract, November 2015: AED 115,000 a yearRenewal, November 2016: AED 115,000 a yearRenewal, November 2017: AED 115,000 a yearNew contract, November 2018: AED 120,000 a yearNew contract, December 2018: AED 120,000 a yearNew contract, October 2021: AED 108,000 a yearRenewal, October 2022: AED 108,000 a yearRenewal, October 2023: AED 110,000 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 G02 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. G02's AED 110,000 is in the lower half 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 ground floor

All 47 units in Reehan 4
Value
G031-bedAED 1.19M · Sep 2010
G041-bedAED 1.23M · May 2012
G051-bedAED 2.1M · Jun 2024
G061-bedAED 1.4M · Sep 2019
G071-bedAED 2.1M · Jun 2016
G081-bedAED 2.2M · Apr 2016
G091-bedAED 1.73M · Mar 2017
1–7 of 10

G02, Reehan 4 in numbers

  • Sold twice: first on 18 July 2010 for AED 675,944, last on 19 June 2018 for AED 845,000 (AED 870 per sqft).
  • Rented since November 2014 on 9 Ejari contracts, from AED 115,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2018 price is 13.0%, before a service charge of about AED 20,000 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 5 October 2023.

Questions about G02, Reehan 4

What did unit G02 last sell for?

AED 845,000 on 19 June 2018: AED 870 per sqft for 971 sqft. The unit has 2 registered sales; the first was AED 675,944 in July 2010.

What is the rent for unit G02?

AED 110,000 a year on the contract renewed on 5 October 2023. The previous contract, from October 2022, was AED 108,000; the unit has been rented since November 2014.

How big is unit G02?

971 sqft (90.2 sqm): a one-bedroom apartment on the ground floor of a 3-storey tower completed in 2006.

What is unit G02 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 G02, Reehan 4

Starts from the last sale price (AED 845K, 19 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 845,000
Deposit, UAE resident (20%)
AED 169,000
Deposit, non-resident (40%)
AED 338,000
Monthly over 25 years at 3.7%
AED 3,457

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