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1-bed · 933 sqftReehan 5, The Old Town · 1st floor · completed 2006

103, Reehan 5

Sold prices and rental history: sold once, by the developer in August 2010, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 1 April 2016
Last soldAED 1.14M22 August 2010
Current rentAED 110K /yr1 April 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 103, Reehan 5

What is 103 worth today?

Last sold for AED 1,141,888 in 2010

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1 Apr 2016RentedNew contract
AED 110,000/yr12 months · AED 117 per sqft
6 May 2013RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft
22 Aug 2010Sold by developerReady
AED 1,141,888AED 1,223 per sqft

Source: Dubai Land Department. Updated 1 April 2016.

Key facts

Type
1-bed apartment
Size
933 sqft
Floor
1st of 3
Parking
B-2253
Developer
Emaar
Completed
2006
Service charge
AED 19,200 /yr
Last sold
AED 1.14M · August 2010
Building
Reehan 5

About 103, Reehan 5

103 is a one-bedroom apartment of 933 sqft on the 1st floor of Reehan 5, a 3-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 22 August 2010 for AED 1,141,888, or AED 1,223 per sqft, in line with the AED 1,237 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 April 2016, is AED 110,000 a year: a gross yield of 9.6% on the 2010 price, before the service charge of about AED 19,200 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical one-bed in Reehan 5
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,212,444; 2010 AED 1,194,888; 2011 AED 1,141,888; 2012 AED 1,170,444; 2013 AED 1,555,000; 2014 AED 1,875,000; 2015 AED 1,725,000; 2016 AED 1,700,000; 2017 AED 1,660,000; 2019 AED 1,062,500; 2020 AED 1,125,000; 2021 AED 1,350,000; 2022 AED 1,400,000; 2023 AED 1,650,000; 2024 AED 1,900,000; 2025 AED 2,071,000Sold by developer, August 2010: AED 1,141,888 (AED 1,223 per sqft)

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

Rents
Unit 103, each contractTypical one-bed in Reehan 5
75K100K125K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 90,000; 2014 AED 115,000; 2015 AED 120,000; 2016 AED 115,000; 2017 AED 110,000; 2018 AED 104,000; 2019 AED 85,000; 2020 AED 73,000; 2021 AED 76,500; 2022 AED 82,108; 2023 AED 95,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 110,000New contract, May 2013: AED 90,000 a yearNew contract, April 2016: 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 5, and where 103 sits

All 43 1-beds →

103 last sold in August 2010 at AED 1,223 per sqft, in line with what one-beds in Reehan 5 were fetching at the time (AED 1,237). Over the last 12 months one-beds sold for AED 2,250,000 to 2,300,000, around AED 2,485 per sqft, and rent for AED 93,941 to 160,000 a year. 103's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Mar 20262,300,000
6 Feb 20262,250,000
1 Aug 20252,175,000
13 May 20252,142,000
2 1-bed sales in the last 12 months

Reehan 5

Building

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

Typical price per sqft
AED 2,485
Typical sale
AED 2.28M
Typical rent
AED 114K /yr
Typical yield
4.5%
Reehan 5, The Old Town: prices, sales and rents →

Other units on the 1st floor

All 47 units in Reehan 5
Value
1011-bedAED 1.65M · Oct 2023
1021-bedAED 1.12M · Aug 2010
1041-bedAED 2.18M · Aug 2025
1051-bedAED 1.4M · Aug 2022
1061-bedAED 1.65M · Nov 2023
1071-bedAED 1.65M · Oct 2023
1081-bedAED 2.14M · May 2025
1–7 of 11

103, Reehan 5 in numbers

  • Sold once: by Emaar on 22 August 2010 for AED 1,141,888, or AED 1,223 per sqft.
  • Rented since May 2013 on 2 Ejari contracts, from AED 90,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2010 price is 9.6%, before a service charge of about AED 19,200 a year (AED 20.62 per sqft).
  • One-beds in Reehan 5 sold for AED 2,250,000–2,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,485 per sqft.

Source: Dubai Land Department. Updated 1 April 2016.

Questions about 103, Reehan 5

What did unit 103 last sell for?

AED 1,141,888 on 22 August 2010, sold by the developer: AED 1,223 per sqft for 933 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 110,000 a year on the contract signed on 1 April 2016. The previous contract, from May 2013, was AED 90,000.

How big is unit 103?

933 sqft (86.7 sqm): a one-bedroom apartment on the 1st floor of a 3-storey tower completed in 2006.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Reehan 5 sold for AED 2,250,000 to 2,300,000 in the last 12 months, around AED 2,485 per sqft.

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Mortgage on 103, Reehan 5

Starts from the last sale price (AED 1.14M, 22 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,141,888
Deposit, UAE resident (20%)
AED 228,378
Deposit, non-resident (40%)
AED 456,755
Monthly over 25 years at 3.7%
AED 4,672

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