1-bed · 826 sqftReehan 7, The Old Town · 1st floor · completed 2006

104, Reehan 7

Sold prices and rental history: sold twice, last in April 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 14 June 2021
Last soldAED 950K12 April 2021
Current rentAED 65K /yr14 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Reehan 7

What is 104 worth today?

Last sold for AED 950,000 in 2021

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14 Jun 2021RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
12 Apr 2021SoldReady
AED 950,000AED 1,150 per sqft
20 May 2018RentedNew contract
AED 83,000/yr12 months · AED 100 per sqft
12 Nov 2015RentedNew contract
AED 105,000/yr12 months · AED 127 per sqft
30 Oct 2014RentedNew contract
AED 110,000/yr12 months · AED 133 per sqft
1 Sep 2013RentedNew contract
AED 90,000/yr12 months · AED 109 per sqft
23 Nov 2008Sold by developerReady
AED 1,092,444AED 1,322 per sqft

Source: Dubai Land Department. Updated 14 June 2021.

Key facts

Type
1-bed apartment
Size
826 sqft
Floor
1st of 9
Parking
B-2256
Developer
Emaar
Completed
2006
Service charge
AED 17,000 /yr
Last sold
AED 950K · April 2021
Building
Reehan 7

About 104, Reehan 7

104 is a one-bedroom apartment of 826 sqft on the 1st floor of Reehan 7, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 12 April 2021 for AED 950,000, or AED 1,150 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 14 June 2021, is AED 65,000 a year: a gross yield of 6.8% on the 2021 price, before the service charge of about AED 17,000 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical one-bed in Reehan 7
1M1.5M2M2008201320182023Typical sale price by year: 2009 AED 931,092; 2010 AED 1,055,888; 2011 AED 989,944; 2012 AED 1,155,888; 2013 AED 1,285,000; 2017 AED 1,392,500; 2024 AED 1,600,000; 2025 AED 1,950,000Sold by developer, November 2008: AED 1,092,444 (AED 1,322 per sqft)Sold, April 2021: AED 950,000 (AED 1,150 per sqft)

104 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 104, each contractTypical one-bed in Reehan 7
100K2013201720212025Typical rent by year: 2013 AED 91,000; 2014 AED 106,500; 2015 AED 100,000; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 85,000; 2019 AED 71,500; 2020 AED 61,500; 2021 AED 67,500; 2022 AED 78,500; 2023 AED 80,850; 2024 AED 101,781; 2025 AED 125,000; 2026 AED 109,000New contract, September 2013: AED 90,000 a yearNew contract, October 2014: AED 110,000 a yearNew contract, November 2015: AED 105,000 a yearNew contract, May 2018: AED 83,000 a yearNew contract, June 2021: AED 65,000 a year

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

1-beds in Reehan 7, and where 104 sits

All 18 1-beds →

Over the last 12 months one-beds sold for AED 21,189 to 48,758, around AED 45 per sqft, and rent for AED 99,000 to 150,000 a year. 104's AED 65,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Jul 202621,189
15 Jan 202648,758
22 Oct 20251,900,000
24 Sep 20251,950,000
2 1-bed sales in the last 12 months

Reehan 7

Building

65 apartments, 1-bed to 3-bed over 9 floors in The Old Town, completed in 2006 by Emaar. 7 sold in the last 12 months.

Typical price per sqft
AED 2,404
Typical sale
AED 3.1M
Typical rent
AED 150K /yr
Typical yield
5.2%
Reehan 7, The Old Town: prices, sales and rents →

Other units on the 1st floor

All 65 units in Reehan 7
Value
1012-bedAED 3.5M · Jul 2016
1022-bedAED 1.94M · Mar 2011
1032-bedAED 3.03M · Apr 2025
1051-bedAED 1.73M · May 2025
1062-bedAED 2.98M · Apr 2026
1072-bedAED 2.8M · Jul 2015

104, Reehan 7 in numbers

  • Sold twice: first on 23 November 2008 for AED 1,092,444, last on 12 April 2021 for AED 950,000 (AED 1,150 per sqft).
  • Rented since September 2013 on 5 Ejari contracts, from AED 90,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2021 price is 6.8%, before a service charge of about AED 17,000 a year (AED 20.62 per sqft).
  • One-beds in Reehan 7 sold for AED 21,189–48,758 in the 12 months to November 2026; the building's median across all types is AED 2,404 per sqft.

Source: Dubai Land Department. Updated 14 June 2021.

Questions about 104, Reehan 7

What did unit 104 last sell for?

AED 950,000 on 12 April 2021: AED 1,150 per sqft for 826 sqft. The unit has 2 registered sales; the first was AED 1,092,444 in November 2008.

What is the rent for unit 104?

AED 65,000 a year on the contract signed on 14 June 2021. The previous contract, from May 2018, was AED 83,000; the unit has been rented since September 2013.

How big is unit 104?

826 sqft (76.7 sqm): a one-bedroom apartment on the 1st floor of a 9-storey tower completed in 2006.

What is unit 104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Reehan 7 sold for AED 21,189 to 48,758 in the last 12 months, around AED 45 per sqft.

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Mortgage on 104, Reehan 7

Starts from the last sale price (AED 950K, 12 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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