2-bed · 3,048 sqftReehan 6, The Old Town · Ground floor · completed 2006

G04, Reehan 6

Sold prices and rental history: sold 5 times, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G04 · DLD and Ejari recordsUpdated 28 December 2023
Last soldAED 4M28 December 2023
Current rentAED 158K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G04, Reehan 6

What is G04 worth today?

Last sold for AED 4,000,000 in 2023

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28 Dec 2023SoldReady
AED 4,000,000AED 1,312 per sqft
1 Jul 2021RentedRenewal
AED 157,500/yr12 months · AED 116 per sqft
1 Jul 2020RentedNew contract
AED 157,500/yr12 months · AED 116 per sqft
30 Nov 2018RentedNew contract
AED 190,000/yr12 months · AED 140 per sqft
30 Nov 2017RentedNew contract
AED 190,000/yr12 months · AED 140 per sqft
31 Aug 2013RentedNew contract
AED 170,000/yr12 months · AED 125 per sqft
16 Jul 2012SoldReady
AED 2,350,000AED 1,735 per sqft
30 Mar 2010SoldReady
AED 2,150,000AED 1,587 per sqft

Source: Dubai Land Department. Updated 28 December 2023.

Key facts

Type
2-bed apartment
Size
3,048 sqft
Floor
Ground of 3
Parking
B-2047
Developer
Emaar
Completed
2006
Service charge
AED 62,900 /yr
Last sold
AED 4M · December 2023
Building
Reehan 6

About G04, Reehan 6

G04 is a two-bedroom apartment of 3,048 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 28 December 2023 for AED 4,000,000, or AED 1,312 per sqft, 19% below the AED 1,619 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 July 2021, is AED 157,500 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 62,900 a year.

Sales and rents for G04 over time

Sales
Unit G04, 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, June 2009: AED 1,728,888 (AED 1,276 per sqft)Sold, June 2009: AED 1,950,000 (AED 1,440 per sqft)Sold, March 2010: AED 2,150,000 (AED 1,587 per sqft)Sold, July 2012: AED 2,350,000 (AED 1,735 per sqft)Sold, December 2023: AED 4,000,000 (AED 1,312 per sqft)

G04 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit G04, 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, August 2013: AED 170,000 a yearNew contract, November 2017: AED 190,000 a yearNew contract, November 2018: AED 190,000 a yearNew contract, July 2020: AED 157,500 a yearRenewal, July 2021: AED 157,500 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 G04 sits

All 17 2-beds →

G04 last sold in December 2023 at AED 1,312 per sqft, 19% below what two-beds in Reehan 6 were fetching at the time (AED 1,619). 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. G04's AED 157,500 is in the lower half 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
G032-bedAED 2.65M · Jun 2021
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

G04, Reehan 6 in numbers

  • Sold 5 times: first on 4 June 2009 for AED 1,950,000, last on 28 December 2023 for AED 4,000,000 (AED 1,312 per sqft).
  • Rented since August 2013 on 5 Ejari contracts, from AED 170,000 to AED 157,500 a year.
  • At AED 157,500 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 62,900 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 28 December 2023.

Questions about G04, Reehan 6

What did unit G04 last sell for?

AED 4,000,000 on 28 December 2023: AED 1,312 per sqft for 3,048 sqft. The unit has 5 registered sales; the first was AED 1,950,000 in June 2009.

What is the rent for unit G04?

AED 157,500 a year on the contract renewed on 1 July 2021. The previous contract, from July 2020, was AED 157,500; the unit has been rented since August 2013.

How big is unit G04?

3,048 sqft (283.2 sqm): a two-bedroom apartment on the ground floor of a 3-storey tower completed in 2006.

What is unit G04 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 G04, Reehan 6

Starts from the last sale price (AED 4M, 28 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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