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2-bed · 1,412 sqftReehan 6, The Old Town · 3rd floor · completed 2006

304, Reehan 6

Sold prices and rental history: sold 3 times, last in July 2020, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 8 July 2020
Last soldAED 1.5M8 July 2020
Current rentAED 128K /yr2 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Reehan 6

What is 304 worth today?

Last sold for AED 1,500,000 in 2020

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8 Jul 2020SoldReady
AED 1,500,000AED 1,062 per sqft
2 Feb 2018RentedNew contract
AED 128,000/yr12 months · AED 91 per sqft
2 Jan 2017RentedNew contract
AED 140,000/yr12 months · AED 99 per sqft
18 Feb 2014RentedNew contract
AED 180,000/yr12 months · AED 128 per sqft
2 Feb 2014SoldReady
AED 3,300,000AED 2,337 per sqft
22 Jul 2010Sold by developerReady
AED 3,800,000AED 2,691 per sqft

Source: Dubai Land Department. Updated 8 July 2020.

Key facts

Type
2-bed apartment
Size
1,412 sqft
Floor
3rd of 3
Parking
B-2135
Developer
Emaar
Completed
2006
Service charge
AED 29,100 /yr
Last sold
AED 1.5M · July 2020
Building
Reehan 6

About 304, Reehan 6

304 is a two-bedroom apartment of 1,412 sqft on the 3rd floor of Reehan 6, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 8 July 2020 for AED 1,500,000, or AED 1,062 per sqft.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 2 February 2018, is AED 128,000 a year: a gross yield of 8.5% on the 2020 price, before the service charge of about AED 29,100 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Reehan 6
2M4M20092013201720212025Typical sale price by year: 2009 AED 1,753,888; 2010 AED 1,706,888; 2021 AED 1,700,000; 2023 AED 2,075,000; 2024 AED 2,950,000Sold by developer, July 2010: AED 3,800,000 (AED 2,691 per sqft)Sold, February 2014: AED 3,300,000 (AED 2,337 per sqft)Sold, July 2020: AED 1,500,000 (AED 1,062 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Reehan 6
100K150K200K2013201720212025Typical rent by year: 2013 AED 130,000; 2014 AED 150,000; 2015 AED 165,000; 2016 AED 152,500; 2017 AED 145,000; 2018 AED 140,000; 2019 AED 114,000; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 125,000; 2023 AED 155,000; 2024 AED 155,000; 2025 AED 190,000; 2026 AED 180,000New contract, February 2014: AED 180,000 a yearNew contract, January 2017: AED 140,000 a yearNew contract, February 2018: AED 128,000 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 6, and where 304 sits

All 17 2-beds →

Over the last 12 months two-beds sold for AED 3,200,000, around AED 2,427 per sqft, and rent for AED 155,002 to 230,000 a year. 304's AED 128,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Aug 20263,200,000
15 Oct 20253,825,000
19 Dec 20242,650,000
25 Oct 20243,500,000
1 2-bed sale in the last 12 months

Reehan 6

Building

43 apartments, 1-bed to 3-bed over 3 floors in The Old Town, completed in 2006 by Emaar. 4 sold in the last 12 months.

Typical price per sqft
AED 2,291
Typical sale
AED 2.54M
Typical rent
AED 155K /yr
Typical yield
5.3%
Reehan 6, The Old Town: prices, sales and rents →

Other units on the 3rd floor

All 43 units in Reehan 6
Value
3011-bedAED 1.53M · Aug 2024
3021-bedAED 1.55M · Oct 2013
3032-bedAED 3.2M · Aug 2026
3053-bedAED 4.4M · Dec 2025
3061-bedAED 1.43M · May 2019
3071-bedAED 1.85M · Mar 2025
3082-bedAED 2.5M · Apr 2024
1–7 of 10

304, Reehan 6 in numbers

  • Sold 3 times: first on 22 July 2010 for AED 3,800,000, last on 8 July 2020 for AED 1,500,000 (AED 1,062 per sqft).
  • Rented since February 2014 on 3 Ejari contracts, from AED 180,000 to AED 128,000 a year.
  • At AED 128,000 a year the gross yield on the 2020 price is 8.5%, before a service charge of about AED 29,100 a year (AED 20.62 per sqft).
  • Two-beds in Reehan 6 sold for AED 3,200,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,291 per sqft.

Source: Dubai Land Department. Updated 8 July 2020.

Questions about 304, Reehan 6

What did unit 304 last sell for?

AED 1,500,000 on 8 July 2020: AED 1,062 per sqft for 1,412 sqft. The unit has 3 registered sales; the first was AED 3,800,000 in July 2010.

What is the rent for unit 304?

AED 128,000 a year on the contract signed on 2 February 2018. The previous contract, from January 2017, was AED 140,000; the unit has been rented since February 2014.

How big is unit 304?

1,412 sqft (131.2 sqm): a two-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. Two-beds in Reehan 6 sold for AED 3,200,000 to 3,200,000 in the last 12 months, around AED 2,427 per sqft.

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Mortgage on 304, Reehan 6

Starts from the last sale price (AED 1.5M, 8 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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