1-bed · 976 sqftReehan 5, The Old Town · 1st floor · completed 2006

106, Reehan 5

Sold prices and rental history: sold 4 times, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 2 November 2023
Last soldAED 1.65M2 November 2023
Current rentAED 88K /yr2 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Reehan 5

What is 106 worth today?

Last sold for AED 1,650,000 in 2023

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2 Nov 2023SoldReady
AED 1,650,000AED 1,690 per sqft
2 Nov 2022RentedNew contract
AED 88,000/yr12 months · AED 90 per sqft
2 Nov 2021RentedNew contract
AED 80,000/yr12 months · AED 82 per sqft
24 Sep 2020RentedNew contract
AED 65,000/yr12 months · AED 66 per sqft
13 Aug 2020SoldReady
AED 1,000,000AED 1,024 per sqft
28 Feb 2020RentedNew contract
AED 73,000/yr12 months · AED 75 per sqft
15 Dec 2019SoldReady
AED 956,564AED 980 per sqft
28 Jun 2019RentedNew contract
AED 75,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 2 November 2023.

Key facts

Type
1-bed apartment
Size
976 sqft
Floor
1st of 3
Parking
B-2169
Developer
Emaar
Completed
2006
Service charge
AED 20,100 /yr
Last sold
AED 1.65M · November 2023
Building
Reehan 5

About 106, Reehan 5

106 is a one-bedroom apartment of 976 sqft on the 1st floor of Reehan 5, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 2 November 2023 for AED 1,650,000, or AED 1,690 per sqft, in line with the AED 1,709 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 2 November 2022, is AED 88,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 20,100 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical one-bed in Reehan 5
1M2M2009201420192024Typical 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, January 2010: AED 1,108,888 (AED 1,136 per sqft)Sold, December 2019: AED 956,564 (AED 980 per sqft)Sold, August 2020: AED 1,000,000 (AED 1,024 per sqft)Sold, November 2023: AED 1,650,000 (AED 1,690 per sqft)

106 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 106, 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, June 2014: AED 110,000 a yearNew contract, June 2015: AED 120,000 a yearNew contract, December 2017: AED 98,000 a yearNew contract, June 2019: AED 75,000 a yearNew contract, February 2020: AED 73,000 a yearNew contract, September 2020: AED 65,000 a yearNew contract, November 2021: AED 80,000 a yearNew contract, November 2022: AED 88,000 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 106 sits

All 43 1-beds →

106 last sold in November 2023 at AED 1,690 per sqft, in line with what one-beds in Reehan 5 were fetching at the time (AED 1,709). 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. 106's AED 88,000 is at the bottom 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
1031-bedAED 1.14M · Aug 2010
1041-bedAED 2.18M · Aug 2025
1051-bedAED 1.4M · Aug 2022
1071-bedAED 1.65M · Oct 2023
1081-bedAED 2.14M · May 2025
1–7 of 11

106, Reehan 5 in numbers

  • Sold 4 times: first on 17 January 2010 for AED 1,108,888, last on 2 November 2023 for AED 1,650,000 (AED 1,690 per sqft).
  • Rented since June 2014 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2020 and recovered to AED 88,000 by November 2022.
  • At AED 88,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 20,100 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 2 November 2023.

Questions about 106, Reehan 5

What did unit 106 last sell for?

AED 1,650,000 on 2 November 2023: AED 1,690 per sqft for 976 sqft. The unit has 4 registered sales; the first was AED 1,108,888 in January 2010.

What is the rent for unit 106?

AED 88,000 a year on the contract signed on 2 November 2022. The previous contract, from November 2021, was AED 80,000; the unit has been rented since June 2014.

How big is unit 106?

976 sqft (90.7 sqm): a one-bedroom apartment on the 1st floor of a 3-storey tower completed in 2006.

What is unit 106 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 106, Reehan 5

Starts from the last sale price (AED 1.65M, 2 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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