1-bed · 986 sqftReehan 5, The Old Town · 3rd floor · completed 2006

308, Reehan 5

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

Unit 308 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 1.93M14 August 2014
Current rentAED 170K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Reehan 5

What is 308 worth today?

Last sold for AED 1,925,000 in 2014

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1 Nov 2025RentedRenewal
AED 170,000/yr12 months · AED 172 per sqft
1 Nov 2024RentedNew contract
AED 115,000/yr12 months · AED 116 per sqft
20 Sep 2022RentedRenewal
AED 97,500/yr12 months · AED 100 per sqft
20 Sep 2021RentedRenewal
AED 90,000/yr12 months · AED 92 per sqft
20 Sep 2020RentedRenewal
AED 78,000/yr12 months · AED 80 per sqft
20 Sep 2019RentedNew contract
AED 85,000/yr12 months · AED 86 per sqft
1 Mar 2017RentedRenewal
AED 140,000/yr3 months · AED 141 per sqft
1 Mar 2016RentedNew contract
AED 140,000/yr12 months · AED 141 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
1-bed apartment
Size
986 sqft
Floor
3rd of 3
Parking
B-2292
Developer
Emaar
Completed
2006
Service charge
AED 20,300 /yr
Last sold
AED 1.93M · August 2014
Building
Reehan 5

About 308, Reehan 5

308 is a one-bedroom apartment of 986 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 14 August 2014 for AED 1,925,000, or AED 1,952 per sqft, 4% above the AED 1,884 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 170,000 a year: a gross yield of 8.8% on the 2014 price, before the service charge of about AED 20,300 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Reehan 5
1M1.5M2M2008201320182023Typical 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, November 2008: AED 1,204,888 (AED 1,222 per sqft)Sold, August 2014: AED 1,925,000 (AED 1,952 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Reehan 5
100K150K2012201620202024Typical 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 2014: AED 125,000 a yearRenewal, October 2015: AED 125,000 a yearNew contract, March 2016: AED 140,000 a yearRenewal, March 2017: AED 140,000 a yearNew contract, September 2019: AED 85,000 a yearRenewal, September 2020: AED 78,000 a yearRenewal, September 2021: AED 90,000 a yearRenewal, September 2022: AED 97,500 a yearNew contract, November 2024: AED 115,000 a yearRenewal, November 2025: AED 170,000 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 308 sits

All 43 1-beds →

308 last sold in August 2014 at AED 1,952 per sqft, 4% above what one-beds in Reehan 5 were fetching at the time (AED 1,884). 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. 308's AED 170,000 is at the top 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
3041-bedAED 979K · May 2011
3051-bedAED 1.78M · Apr 2014
3061-bedAED 1.43M · Oct 2022
3071-bedAED 750K · Oct 2013
1–7 of 11

308, Reehan 5 in numbers

  • Sold twice: first on 26 November 2008 for AED 1,204,888, last on 14 August 2014 for AED 1,925,000 (AED 1,952 per sqft).
  • Rented since October 2014 on 10 Ejari contracts. The rent fell from AED 125,000 to AED 78,000 in 2020 and recovered to AED 170,000 by November 2025.
  • At AED 170,000 a year the gross yield on the 2014 price is 8.8%, before a service charge of about AED 20,300 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 November 2025.

Questions about 308, Reehan 5

What did unit 308 last sell for?

AED 1,925,000 on 14 August 2014: AED 1,952 per sqft for 986 sqft. The unit has 2 registered sales; the first was AED 1,204,888 in November 2008.

What is the rent for unit 308?

AED 170,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 115,000; the unit has been rented since October 2014.

How big is unit 308?

986 sqft (91.6 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 308 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 308, Reehan 5

Starts from the last sale price (AED 1.93M, 14 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,925,000
Deposit, UAE resident (20%)
AED 385,000
Deposit, non-resident (40%)
AED 770,000
Monthly over 25 years at 3.7%
AED 7,876

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