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1-bed · 965 sqftReehan 5, The Old Town · 2nd floor · completed 2006

207, Reehan 5

Sold prices and rental history: sold 3 times, last in February 2016, and rented once, from July 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 14 February 2016
Last soldAED 1.58M14 February 2016
Current rentAED 120K /yr8 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 207, Reehan 5

What is 207 worth today?

Last sold for AED 1,582,000 in 2016

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14 Feb 2016SoldReady
AED 1,582,000AED 1,639 per sqft
8 Jul 2015RentedNew contract
AED 120,000/yr12 months · AED 124 per sqft
8 Jan 2009Sold by developerReady
AED 1,850,062AED 1,917 per sqft
8 Jan 2009SoldReady
AED 2,050,000AED 2,124 per sqft

Source: Dubai Land Department. Updated 14 February 2016.

Key facts

Type
1-bed apartment
Size
965 sqft
Floor
2nd of 3
Parking
B-2122
Developer
Emaar
Completed
2006
Service charge
AED 19,900 /yr
Last sold
AED 1.58M · February 2016
Building
Reehan 5

About 207, Reehan 5

207 is a one-bedroom apartment of 965 sqft on the 2nd floor of Reehan 5, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 14 February 2016 for AED 1,582,000, or AED 1,639 per sqft, 8% below the AED 1,774 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 July 2015. The current contract, signed on 8 July 2015, is AED 120,000 a year: a gross yield of 7.6% on the 2016 price, before the service charge of about AED 19,900 a year.

Sales and rents for 207 over time

Sales
Unit 207, 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, January 2009: AED 1,850,062 (AED 1,917 per sqft)Sold, January 2009: AED 2,050,000 (AED 2,124 per sqft)Sold, February 2016: AED 1,582,000 (AED 1,639 per sqft)

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

Rents
Unit 207, 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, July 2015: AED 120,000 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 207 sits

All 43 1-beds →

207 last sold in February 2016 at AED 1,639 per sqft, 8% below what one-beds in Reehan 5 were fetching at the time (AED 1,774). 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. 207's AED 120,000 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 2nd floor

All 47 units in Reehan 5
Value
2011-bedAED 2.25M · Feb 2026
2021-bedAED 1.73M · Dec 2015
2031-bedAED 1.38M · Jun 2021
2041-bedAED 2.3M · Mar 2026
2051-bedAED 1.55M · Jun 2013
2061-bedAED 2M · Jan 2025
2081-bedAED 1.19M · Aug 2010
1–7 of 11

207, Reehan 5 in numbers

  • Sold 3 times: first on 8 January 2009 for AED 2,050,000, last on 14 February 2016 for AED 1,582,000 (AED 1,639 per sqft).
  • Rented since July 2015 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2016 price is 7.6%, before a service charge of about AED 19,900 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 14 February 2016.

Questions about 207, Reehan 5

What did unit 207 last sell for?

AED 1,582,000 on 14 February 2016: AED 1,639 per sqft for 965 sqft. The unit has 3 registered sales; the first was AED 2,050,000 in January 2009.

What is the rent for unit 207?

AED 120,000 a year on the contract signed on 8 July 2015.

How big is unit 207?

965 sqft (89.7 sqm): a one-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 207 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 207, Reehan 5

Starts from the last sale price (AED 1.58M, 14 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,582,000
Deposit, UAE resident (20%)
AED 316,400
Deposit, non-resident (40%)
AED 632,800
Monthly over 25 years at 3.7%
AED 6,472

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