306, Reehan 5
Sold prices and rental history: sold 4 times, last in October 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Reehan 5
What is 306 worth today?
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Source: Dubai Land Department. Updated 1 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 976 sqft
- Floor
- 3rd of 3
- Parking
- B-2294
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,100 /yr
- Last sold
- AED 1.43M · October 2022
- Building
- Reehan 5
About 306, Reehan 5
306 is a one-bedroom apartment of 976 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 28 October 2022 for AED 1,425,000, or AED 1,460 per sqft, in line with the AED 1,460 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 78,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 20,100 a year.
Sales and rents for 306 over time
306 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 306 sits
All 43 1-beds →306 last sold in October 2022 at AED 1,460 per sqft, in line with what one-beds in Reehan 5 were fetching at the time (AED 1,460). 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. 306's AED 78,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Mar 202626 March 2026 | 933 sqft | 2,300,000 | 2,465 | ||
| 6 Feb 20266 February 2026 | 898 sqft | 2,250,000 | 2,505 | ||
| 1 Aug 20251 August 2025 | 933 sqft | 2,175,000 | 2,331 | ||
| 13 May 202513 May 2025 | 986 sqft | 2,142,000 | 2,172 |
Reehan 5
Building47 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%
Other units on the 3rd floor
All 47 units in Reehan 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 898 sqft | AED 1MAED 1,000,000 · Sep 2019September 2019 | 110,000 /yr | |
| 302 | 1-bed | 972 sqft | AED 2.15MAED 2,150,000 · Jun 2014June 2014 | 86,000 /yr | |
| 303 | 1-bed | 933 sqft | AED 1.7MAED 1,700,000 · Feb 2016February 2016 | 123,000 /yr | |
| 304 | 1-bed | 933 sqft | AED 979KAED 978,500 · May 2011May 2011 | 104,738 /yr | |
| 305 | 1-bed | 977 sqft | AED 1.78MAED 1,775,000 · Apr 2014April 2014 | 120,000 /yr | |
| 307 | 1-bed | 965 sqft | AED 750KAED 750,000 · Oct 2013October 2013 | 104,186 /yr | |
| 308 | 1-bed | 986 sqft | AED 1.93MAED 1,925,000 · Aug 2014August 2014 | 170,000 /yr | |
| 309 | 1-bed | 934 sqft | AED 1.16MAED 1,161,888 · Sep 2011September 2011 | 100,000 /yr | |
| 310 | 1-bed | 931 sqft | AED 1.39MAED 1,390,000 · Sep 2022September 2022 | 125,000 /yr | |
| 311 | 1-bed | 965 sqft | AED 1.34MAED 1,339,888 · Mar 2009March 2009 | 120,000 /yr | |
| 312 | 2-bed | 1,448 sqft | AED 2.01MAED 2,007,888 · Feb 2012February 2012 | 152,748 /yr |
306, Reehan 5 in numbers
- Sold 4 times: first on 19 August 2010 for AED 2,150,000, last on 28 October 2022 for AED 1,425,000 (AED 1,460 per sqft).
- Rented since January 2015 on 9 Ejari contracts, from AED 125,000 to AED 78,000 a year.
- At AED 78,000 a year the gross yield on the 2022 price is 5.5%, 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 1 April 2023.
Questions about 306, Reehan 5
What did unit 306 last sell for?
AED 1,425,000 on 28 October 2022: AED 1,460 per sqft for 976 sqft. The unit has 4 registered sales; the first was AED 2,150,000 in August 2010.
What is the rent for unit 306?
AED 78,000 a year on the contract renewed on 1 April 2023. The previous contract, from April 2022, was AED 78,000; the unit has been rented since January 2015.
How big is unit 306?
976 sqft (90.7 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.
What is unit 306 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 306, Reehan 5
Starts from the last sale price (AED 1.43M, 28 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,425,000
- Deposit, UAE resident (20%)
- AED 285,000
- Deposit, non-resident (40%)
- AED 570,000
- Monthly over 25 years at 3.7%
- AED 5,830
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →