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2-bed · 1,188 sqftReehan 6, The Old Town · Ground floor · completed 2006

G02, Reehan 6

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 1 January 2020
Last soldAED 1.2M12 March 2009
Current rentAED 105K /yr1 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G02, Reehan 6

What is G02 worth today?

Last sold for AED 1,197,888 in 2009

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1 Jan 2020RentedNew contract
AED 105,000/yr12 months · AED 89 per sqft
1 May 2018RentedNew contract
AED 115,000/yr12 months · AED 97 per sqft
25 Jun 2016RentedNew contract
AED 150,000/yr12 months · AED 127 per sqft
24 Mar 2014RentedNew contract
AED 165,000/yr12 months · AED 139 per sqft
12 Jan 2013RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
12 Mar 2009Sold by developerReady
AED 1,197,888AED 1,008 per sqft

Source: Dubai Land Department. Updated 1 January 2020.

Key facts

Type
2-bed apartment
Size
1,188 sqft
Floor
Ground of 3
Parking
B-2141
Developer
Emaar
Completed
2006
Service charge
AED 24,500 /yr
Last sold
AED 1.2M · March 2009
Building
Reehan 6

About G02, Reehan 6

G02 is a two-bedroom apartment of 1,188 sqft on the ground floor of Reehan 6, a 3-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 12 March 2009 for AED 1,197,888, or AED 1,008 per sqft, 17% below the AED 1,213 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 January 2020, is AED 105,000 a year: a gross yield of 8.8% on the 2009 price, before the service charge of about AED 24,500 a year.

Sales and rents for G02 over time

Sales
Unit G02, each saleTypical two-bed in Reehan 6
1M2M3M20092013201720212025Typical 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, March 2009: AED 1,197,888 (AED 1,008 per sqft)

G02 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit G02, 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, January 2013: AED 100,000 a yearNew contract, March 2014: AED 165,000 a yearNew contract, June 2016: AED 150,000 a yearNew contract, May 2018: AED 115,000 a yearNew contract, January 2020: AED 105,000 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 G02 sits

All 17 2-beds →

G02 last sold in March 2009 at AED 1,008 per sqft, 17% below what two-beds in Reehan 6 were fetching at the time (AED 1,213). 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. G02's AED 105,000 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 ground floor

All 43 units in Reehan 6
Value
G032-bedAED 2.65M · Jun 2021
G042-bedAED 4M · Dec 2023
G053-bedAED 7.05M · Jan 2023
G061-bedAED 3.91M · Dec 2021
G071-bedAED 1.5M · Jul 2010
G082-bedAED 1.58M · Jul 2010
G093-bedAED 2.61M · Feb 2014
1–7 of 9

G02, Reehan 6 in numbers

  • Sold once: by Emaar on 12 March 2009 for AED 1,197,888, or AED 1,008 per sqft.
  • Rented since January 2013 on 5 Ejari contracts, from AED 100,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2009 price is 8.8%, before a service charge of about AED 24,500 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 1 January 2020.

Questions about G02, Reehan 6

What did unit G02 last sell for?

AED 1,197,888 on 12 March 2009, sold by the developer: AED 1,008 per sqft for 1,188 sqft. It is the only registered sale of the unit.

What is the rent for unit G02?

AED 105,000 a year on the contract signed on 1 January 2020. The previous contract, from May 2018, was AED 115,000; the unit has been rented since January 2013.

How big is unit G02?

1,188 sqft (110.4 sqm): a two-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. 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 G02, Reehan 6

Starts from the last sale price (AED 1.2M, 12 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,197,888
Deposit, UAE resident (20%)
AED 239,578
Deposit, non-resident (40%)
AED 479,155
Monthly over 25 years at 3.7%
AED 4,901

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