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

304, Reehan 5

Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 12 March 2025
Last soldAED 1.16M11 May 2011
Current rentAED 105K /yr12 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Reehan 5

What is 304 worth today?

Last sold for AED 1,161,888 in 2011

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12 Mar 2025RentedNew contract
AED 104,738/yr12 months · AED 112 per sqft
12 Mar 2025RentedNew contract
AED 104,738/yr12 months · AED 112 per sqft
12 Mar 2023RentedNew contract
AED 95,000/yr12 months · AED 101 per sqft
20 Feb 2022RentedNew contract
AED 80,000/yr12 months · AED 85 per sqft
28 Jan 2021RentedNew contract
AED 65,000/yr12 months · AED 69 per sqft
7 Jan 2020RentedRenewal
AED 80,000/yr12 months · AED 85 per sqft
7 Jan 2019RentedNew contract
AED 80,000/yr12 months · AED 85 per sqft
27 Oct 2017RentedRenewal
AED 125,000/yr12 months · AED 133 per sqft

Source: Dubai Land Department. Updated 12 March 2025.

Key facts

Type
1-bed apartment
Size
933 sqft
Floor
3rd of 3
Parking
B-2296
Developer
Emaar
Completed
2006
Service charge
AED 19,200 /yr
Last sold
AED 1.16M · May 2011
Building
Reehan 5

About 304, Reehan 5

304 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. The developer sold it on 11 May 2011 for AED 1,161,888, or AED 1,245 per sqft, in line with the AED 1,241 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 12 March 2025, is AED 104,738 a year: a gross yield of 9.0% on the 2011 price, before the service charge of about AED 19,200 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, May 2011: AED 1,161,888 (AED 1,245 per sqft)Sold, May 2011: AED 978,500 (AED 1,048 per sqft)

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

Rents
Unit 304, each contractTypical one-bed in Reehan 5
100K2012201620202024Typical 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, October 2015: AED 105,000 a yearNew contract, October 2016: AED 125,000 a yearRenewal, October 2017: AED 125,000 a yearNew contract, January 2019: AED 80,000 a yearRenewal, January 2020: AED 80,000 a yearNew contract, January 2021: AED 65,000 a yearNew contract, February 2022: AED 80,000 a yearNew contract, March 2023: AED 95,000 a yearNew contract, March 2025: AED 104,738 a yearNew contract, March 2025: AED 104,738 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 304 sits

All 43 1-beds →

304 last sold in May 2011 at AED 1,245 per sqft, in line with what one-beds in Reehan 5 were fetching at the time (AED 1,241). 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. 304's AED 104,738 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
3031-bedAED 1.7M · Feb 2016
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

304, Reehan 5 in numbers

  • Sold twice: first on 11 May 2011 for AED 978,500, last on 11 May 2011 for AED 1,161,888 (AED 1,245 per sqft).
  • Rented since October 2015 on 10 Ejari contracts. The rent fell from AED 105,000 to AED 65,000 in 2021 and recovered to AED 104,738 by March 2025.
  • At AED 104,738 a year the gross yield on the 2011 price is 9.0%, 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 12 March 2025.

Questions about 304, Reehan 5

What did unit 304 last sell for?

AED 1,161,888 on 11 May 2011, sold by the developer: AED 1,245 per sqft for 933 sqft. The unit has 2 registered sales; the first was AED 978,500 in May 2011.

What is the rent for unit 304?

AED 104,738 a year on the contract signed on 12 March 2025. The previous contract, from March 2025, was AED 104,738; the unit has been rented since October 2015.

How big is unit 304?

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

What is unit 304 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 304, Reehan 5

Starts from the last sale price (AED 1.16M, 11 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,161,888
Deposit, UAE resident (20%)
AED 232,378
Deposit, non-resident (40%)
AED 464,755
Monthly over 25 years at 3.7%
AED 4,754

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