2-bed · 1,448 sqftReehan 5, The Old Town · Ground floor · completed 2006

G12, Reehan 5

Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G12 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1.95M4 November 2008
Current rentAED 185K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G12, Reehan 5

What is G12 worth today?

Last sold for AED 1,948,888 in 2008

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1 Oct 2024RentedRenewal
AED 185,000/yr12 months · AED 127 per sqft
1 Oct 2023RentedRenewal
AED 170,000/yr12 months · AED 117 per sqft
1 Oct 2022RentedRenewal
AED 132,500/yr12 months · AED 91 per sqft
1 Oct 2021RentedRenewal
AED 125,000/yr12 months · AED 86 per sqft
19 Mar 2018RentedRenewal
AED 180,000/yr12 months · AED 124 per sqft
19 Mar 2017RentedNew contract
AED 180,000/yr12 months · AED 124 per sqft
1 Mar 2015RentedNew contract
AED 180,000/yr12 months · AED 124 per sqft
15 Feb 2013RentedNew contract
AED 165,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,448 sqft
Floor
Ground of 3
Parking
B-2248
Developer
Emaar
Completed
2006
Service charge
AED 29,900 /yr
Last sold
AED 1.95M · November 2008
Building
Reehan 5

About G12, Reehan 5

G12 is a two-bedroom apartment of 1,448 sqft on the ground floor of Reehan 5, a 3-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 4 November 2008 for AED 1,948,888, or AED 1,345 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 185,000 a year: a gross yield of 9.5% on the 2008 price, before the service charge of about AED 29,900 a year.

Sales and rents for G12 over time

Rents
Unit G12, each contractTypical two-bed in Reehan 5
100K150K2013201720212025Typical rent by year: 2013 AED 135,000; 2015 AED 170,000; 2016 AED 160,000; 2017 AED 167,500; 2018 AED 180,000; 2021 AED 105,000; 2022 AED 123,750; 2023 AED 167,500; 2024 AED 177,500; 2025 AED 152,748New contract, February 2013: AED 165,000 a yearNew contract, March 2015: AED 180,000 a yearNew contract, March 2017: AED 180,000 a yearRenewal, March 2018: AED 180,000 a yearRenewal, October 2021: AED 125,000 a yearRenewal, October 2022: AED 132,500 a yearRenewal, October 2023: AED 170,000 a yearRenewal, October 2024: AED 185,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Reehan 5, and where G12 sits

All 4 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
19 Dec 20243,400,000
30 Jun 20222,200,000
5 Jan 20221,780,000
19 Nov 20181,950,000
0 2-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
G021-bedAED 2.63M · May 2024
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
1–7 of 10

G12, Reehan 5 in numbers

  • Sold once: by Emaar on 4 November 2008 for AED 1,948,888, or AED 1,345 per sqft.
  • Rented since February 2013 on 8 Ejari contracts. The rent fell from AED 165,000 to AED 125,000 in 2021 and recovered to AED 185,000 by October 2024.
  • At AED 185,000 a year the gross yield on the 2008 price is 9.5%, before a service charge of about AED 29,900 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 1 October 2024.

Questions about G12, Reehan 5

What did unit G12 last sell for?

AED 1,948,888 on 4 November 2008, sold by the developer: AED 1,345 per sqft for 1,448 sqft. It is the only registered sale of the unit.

What is the rent for unit G12?

AED 185,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 170,000; the unit has been rented since February 2013.

How big is unit G12?

1,448 sqft (134.5 sqm): a two-bedroom apartment on the ground floor of a 3-storey tower completed in 2006.

What is unit G12 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on G12, Reehan 5

Starts from the last sale price (AED 1.95M, 4 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,948,888
Deposit, UAE resident (20%)
AED 389,778
Deposit, non-resident (40%)
AED 779,555
Monthly over 25 years at 3.7%
AED 7,974

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