2-bed · 1,334 sqftReehan 6, The Old Town · Ground floor · completed 2006

G03, Reehan 6

Sold prices and rental history: sold 3 times, last in June 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 20 June 2021
Last soldAED 2.65M20 June 2021
Current rentAED 135K /yr1 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Reehan 6

What is G03 worth today?

Last sold for AED 2,650,000 in 2021

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20 Jun 2021SoldReady
AED 2,650,000AED 1,986 per sqft
8 Apr 2021SoldReady
AED 2,000,000AED 1,499 per sqft
1 Mar 2021RentedNew contract
AED 135,000/yr12 months · AED 101 per sqft
1 Mar 2020RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft
25 Feb 2017RentedNew contract
AED 170,000/yr12 months · AED 127 per sqft
5 Aug 2015RentedRenewal
AED 132,000/yr12 months · AED 99 per sqft
5 Aug 2014RentedNew contract
AED 132,000/yr12 months · AED 99 per sqft
5 Aug 2013RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 20 June 2021.

Key facts

Type
2-bed apartment
Size
1,334 sqft
Floor
Ground of 3
Parking
B-2140
Developer
Emaar
Completed
2006
Service charge
AED 27,500 /yr
Last sold
AED 2.65M · June 2021
Building
Reehan 6

About G03, Reehan 6

G03 is a two-bedroom apartment of 1,334 sqft on the ground floor of Reehan 6, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 20 June 2021 for AED 2,650,000, or AED 1,986 per sqft, 32% above the AED 1,499 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 1 March 2021, is AED 135,000 a year: a gross yield of 5.1% on the 2021 price, before the service charge of about AED 27,500 a year.

Sales and rents for G03 over time

Sales
Unit G03, each saleTypical two-bed in Reehan 6
2M3M20092013201720212025Typical 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 1,706,888 (AED 1,279 per sqft)Sold, April 2021: AED 2,000,000 (AED 1,499 per sqft)Sold, June 2021: AED 2,650,000 (AED 1,986 per sqft)

G03 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit G03, each contractTypical two-bed in Reehan 6
100K200K2012201620202024Typical 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 2012: AED 120,000 a yearNew contract, February 2013: AED 60,000 a yearNew contract, August 2013: AED 120,000 a yearNew contract, August 2014: AED 132,000 a yearRenewal, August 2015: AED 132,000 a yearNew contract, February 2017: AED 170,000 a yearNew contract, March 2020: AED 140,000 a yearNew contract, March 2021: AED 135,000 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 G03 sits

All 17 2-beds →

G03 last sold in June 2021 at AED 1,986 per sqft, 32% above what two-beds in Reehan 6 were fetching at the time (AED 1,499). 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. G03's AED 135,000 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
G022-bedAED 1.2M · Mar 2009
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

G03, Reehan 6 in numbers

  • Sold 3 times: first on 22 July 2010 for AED 1,706,888, last on 20 June 2021 for AED 2,650,000 (AED 1,986 per sqft).
  • Rented since February 2012 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 60,000 in 2013 and recovered to AED 135,000 by March 2021.
  • At AED 135,000 a year the gross yield on the 2021 price is 5.1%, before a service charge of about AED 27,500 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 20 June 2021.

Questions about G03, Reehan 6

What did unit G03 last sell for?

AED 2,650,000 on 20 June 2021: AED 1,986 per sqft for 1,334 sqft. The unit has 3 registered sales; the first was AED 1,706,888 in July 2010.

What is the rent for unit G03?

AED 135,000 a year on the contract signed on 1 March 2021. The previous contract, from March 2020, was AED 140,000; the unit has been rented since February 2012.

How big is unit G03?

1,334 sqft (123.9 sqm): a two-bedroom apartment on the ground floor of a 3-storey tower completed in 2006.

What is unit G03 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 G03, Reehan 6

Starts from the last sale price (AED 2.65M, 20 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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