1-bed · 2,040 sqftReehan 5, The Old Town · Ground floor · completed 2006

G02, Reehan 5

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 28 May 2024
Last soldAED 2.63M28 May 2024
Current rentAED 130K /yr17 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, Reehan 5

What is G02 worth today?

Last sold for AED 2,633,597 in 2024

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28 May 2024SoldReady
AED 2,633,597AED 1,290 per sqft
17 Feb 2024RentedNew contract
AED 130,000/yr12 months · AED 64 per sqft
5 Aug 2023RentedNew contract
AED 93,700/yr12 months · AED 97 per sqft
4 Aug 2022RentedNew contract
AED 88,773/yr12 months · AED 91 per sqft
5 Aug 2021RentedNew contract
AED 85,000/yr12 months · AED 87 per sqft
5 Aug 2020RentedNew contract
AED 85,000/yr12 months · AED 88 per sqft
15 Feb 2019RentedRenewal
AED 117,500/yr12 months · AED 121 per sqft
15 Feb 2018RentedNew contract
AED 117,500/yr12 months · AED 121 per sqft

Source: Dubai Land Department. Updated 28 May 2024.

Key facts

Type
1-bed apartment
Size
2,040 sqft
Floor
Ground of 3
Parking
B-2170
Developer
Emaar
Completed
2006
Service charge
AED 42,100 /yr
Last sold
AED 2.63M · May 2024
Building
Reehan 5

About G02, Reehan 5

G02 is a one-bedroom apartment of 2,040 sqft on the ground floor of Reehan 5, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 28 May 2024 for AED 2,633,597, or AED 1,290 per sqft, 24% below the AED 1,700 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 17 February 2024, is AED 130,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 42,100 a year.

Sales and rents for G02 over time

Sales
Unit G02, each saleTypical one-bed in Reehan 5
1M2M2009201420192024Typical 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, June 2015: AED 1,225,000 (AED 1,260 per sqft)Sold, October 2016: AED 2,140,000 (AED 2,201 per sqft)Sold, May 2024: AED 2,633,597 (AED 1,290 per sqft)

G02 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G02, 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, November 2012: AED 105,000 a yearNew contract, December 2013: AED 120,000 a yearNew contract, February 2018: AED 117,500 a yearRenewal, February 2019: AED 117,500 a yearNew contract, August 2020: AED 85,000 a yearNew contract, August 2021: AED 85,000 a yearNew contract, August 2022: AED 88,773 a yearNew contract, August 2023: AED 93,700 a yearNew contract, February 2024: AED 130,000 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 G02 sits

All 43 1-beds →

G02 last sold in May 2024 at AED 1,290 per sqft, 24% below what one-beds in Reehan 5 were fetching at the time (AED 1,700). 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. G02's AED 130,000 is in the upper 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 ground floor

All 47 units in Reehan 5
Value
G031-bedAED 1.97M · Feb 2025
G041-bedAED 1.3M · May 2012
G051-bedAED 1M · Sep 2011
G061-bedAED 1.5M · Jul 2021
G071-bedAED 2M · Jul 2017
G081-bedAED 1.3M · Nov 2020
G091-bedAED 1.1M · May 2011
1–7 of 10

G02, Reehan 5 in numbers

  • Sold 3 times: first on 24 June 2015 for AED 1,225,000, last on 28 May 2024 for AED 2,633,597 (AED 1,290 per sqft).
  • Rented since November 2012 on 9 Ejari contracts. The rent fell from AED 105,000 to AED 85,000 in 2021 and recovered to AED 130,000 by February 2024.
  • At AED 130,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 42,100 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 28 May 2024.

Questions about G02, Reehan 5

What did unit G02 last sell for?

AED 2,633,597 on 28 May 2024: AED 1,290 per sqft for 2,040 sqft. The unit has 3 registered sales; the first was AED 1,225,000 in June 2015.

What is the rent for unit G02?

AED 130,000 a year on the contract signed on 17 February 2024. The previous contract, from August 2023, was AED 93,700; the unit has been rented since November 2012.

How big is unit G02?

2,040 sqft (189.5 sqm): a one-bedroom apartment on the ground floor of a 3-storey tower completed in 2006.

What is unit G02 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 G02, Reehan 5

Starts from the last sale price (AED 2.63M, 28 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,633,597
Deposit, UAE resident (20%)
AED 526,719
Deposit, non-resident (40%)
AED 1,053,439
Monthly over 25 years at 3.7%
AED 10,775

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