1-bed · 933 sqftReehan 5, The Old Town · 3rd floor · completed 2006

303, Reehan 5

Sold prices and rental history: sold twice, last in February 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 20 January 2025
Last soldAED 1.7M9 February 2016
Current rentAED 123K /yr20 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Reehan 5

What is 303 worth today?

Last sold for AED 1,700,000 in 2016

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20 Jan 2025RentedRenewal
AED 123,000/yr24 months · AED 132 per sqft
20 Jan 2024RentedNew contract
AED 120,000/yr12 months · AED 129 per sqft
27 Dec 2022RentedRenewal
AED 87,000/yr12 months · AED 93 per sqft
27 Dec 2021RentedNew contract
AED 79,000/yr12 months · AED 84 per sqft
31 Jul 2020RentedNew contract
AED 70,000/yr12 months · AED 75 per sqft
5 May 2018RentedNew contract
AED 95,000/yr12 months · AED 101 per sqft
9 Feb 2016SoldReady
AED 1,700,000AED 1,822 per sqft
18 Jan 2011Sold by developerReady
AED 1,860,000AED 1,993 per sqft

Source: Dubai Land Department. Updated 20 January 2025.

Key facts

Type
1-bed apartment
Size
933 sqft
Floor
3rd of 3
Parking
B-2297
Developer
Emaar
Completed
2006
Service charge
AED 19,200 /yr
Last sold
AED 1.7M · February 2016
Building
Reehan 5

About 303, Reehan 5

303 is a one-bedroom apartment of 933 sqft on the 3rd floor of Reehan 5, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 9 February 2016 for AED 1,700,000, or AED 1,822 per sqft, in line with the AED 1,798 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 20 January 2025, is AED 123,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 19,200 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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 2011: AED 1,860,000 (AED 1,993 per sqft)Sold, February 2016: AED 1,700,000 (AED 1,822 per sqft)

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

Rents
Unit 303, 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 2018: AED 95,000 a yearNew contract, July 2020: AED 70,000 a yearNew contract, December 2021: AED 79,000 a yearRenewal, December 2022: AED 87,000 a yearNew contract, January 2024: AED 120,000 a yearRenewal, January 2025: AED 123,000 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 303 sits

All 43 1-beds →

303 last sold in February 2016 at AED 1,822 per sqft, in line with what one-beds in Reehan 5 were fetching at the time (AED 1,798). 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. 303's AED 123,000 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 3rd floor

All 47 units in Reehan 5
Value
3011-bedAED 1M · Sep 2019
3021-bedAED 2.15M · Jun 2014
3041-bedAED 979K · May 2011
3051-bedAED 1.78M · Apr 2014
3061-bedAED 1.43M · Oct 2022
3071-bedAED 750K · Oct 2013
3081-bedAED 1.93M · Aug 2014
1–7 of 11

303, Reehan 5 in numbers

  • Sold twice: first on 18 January 2011 for AED 1,860,000, last on 9 February 2016 for AED 1,700,000 (AED 1,822 per sqft).
  • Rented since May 2018 on 6 Ejari contracts. The rent fell from AED 95,000 to AED 70,000 in 2020 and recovered to AED 123,000 by January 2025.
  • At AED 123,000 a year the gross yield on the 2016 price is 7.2%, 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 20 January 2025.

Questions about 303, Reehan 5

What did unit 303 last sell for?

AED 1,700,000 on 9 February 2016: AED 1,822 per sqft for 933 sqft. The unit has 2 registered sales; the first was AED 1,860,000 in January 2011.

What is the rent for unit 303?

AED 123,000 a year on the contract renewed on 20 January 2025. The previous contract, from January 2024, was AED 120,000; the unit has been rented since May 2018.

How big is unit 303?

933 sqft (86.7 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 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 303, Reehan 5

Starts from the last sale price (AED 1.7M, 9 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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