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2-bed · 1,405 sqftReehan 7, The Old Town · 1st floor · completed 2006

107, Reehan 7

Sold prices and rental history: sold twice, last in July 2015, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 15 August 2015
Last soldAED 2.8M5 July 2015
Current rentAED 140K /yr15 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 107, Reehan 7

What is 107 worth today?

Last sold for AED 2,800,000 in 2015

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15 Aug 2015RentedNew contract
AED 140,000/yr6 months · AED 99 per sqft
15 Aug 2015RentedNew contract
AED 300,000/yr6 months · AED 213 per sqft
5 Jul 2015SoldReady
AED 2,800,000AED 1,992 per sqft
16 Aug 2010Sold by developerReady
AED 1,718,888AED 1,223 per sqft

Source: Dubai Land Department. Updated 15 August 2015.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
1st of 9
Parking
B-2384
Developer
Emaar
Completed
2006
Service charge
AED 29,000 /yr
Last sold
AED 2.8M · July 2015
Building
Reehan 7

About 107, Reehan 7

107 is a two-bedroom apartment of 1,405 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 5 July 2015 for AED 2,800,000, or AED 1,992 per sqft, 7% below the AED 2,146 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 15 August 2015, is AED 140,000 a year: a gross yield of 5.0% on the 2015 price, before the service charge of about AED 29,000 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical two-bed in Reehan 7
2M3M2009201420192024Typical sale price by year: 2009 AED 1,954,888; 2010 AED 2,057,388; 2011 AED 1,652,388; 2012 AED 1,900,000; 2013 AED 2,425,000; 2014 AED 2,800,000; 2015 AED 2,650,000; 2016 AED 2,760,000; 2018 AED 2,050,000; 2020 AED 1,453,812; 2021 AED 1,850,000; 2022 AED 2,025,000; 2023 AED 2,400,000; 2024 AED 2,665,000; 2025 AED 3,200,000; 2026 AED 3,100,000Sold by developer, August 2010: AED 1,718,888 (AED 1,223 per sqft)Sold, July 2015: AED 2,800,000 (AED 1,992 per sqft)

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

Rents
Unit 107, each contractTypical two-bed in Reehan 7
100K200K300K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 130,350; 2014 AED 153,000; 2015 AED 160,000; 2016 AED 160,325; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 104,580; 2021 AED 110,000; 2022 AED 125,000; 2023 AED 148,500; 2024 AED 170,000; 2025 AED 172,000; 2026 AED 165,000New contract, August 2015: AED 140,000 a yearNew contract, August 2015: AED 300,000 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 7, and where 107 sits

All 44 2-beds →

107 last sold in July 2015 at AED 1,992 per sqft, 7% below what two-beds in Reehan 7 were fetching at the time (AED 2,146). Over the last 12 months two-beds sold for AED 2,975,000 to 3,400,000, around AED 2,404 per sqft, and rent for AED 135,000 to 360,000 a year. 107's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Oct 20263,185,000
2 Apr 20262,975,000
10 Feb 20263,100,000
29 Dec 20253,400,000
5 2-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
1041-bedAED 950K · Apr 2021
1051-bedAED 1.73M · May 2025
1062-bedAED 2.98M · Apr 2026

107, Reehan 7 in numbers

  • Sold twice: first on 16 August 2010 for AED 1,718,888, last on 5 July 2015 for AED 2,800,000 (AED 1,992 per sqft).
  • Rented since August 2015 on 2 Ejari contracts, from AED 300,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2015 price is 5.0%, before a service charge of about AED 29,000 a year (AED 20.62 per sqft).
  • Two-beds in Reehan 7 sold for AED 2,975,000–3,400,000 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 15 August 2015.

Questions about 107, Reehan 7

What did unit 107 last sell for?

AED 2,800,000 on 5 July 2015: AED 1,992 per sqft for 1,405 sqft. The unit has 2 registered sales; the first was AED 1,718,888 in August 2010.

What is the rent for unit 107?

AED 140,000 a year on the contract signed on 15 August 2015. The previous contract, from August 2015, was AED 300,000.

How big is unit 107?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower completed in 2006.

What is unit 107 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Reehan 7 sold for AED 2,975,000 to 3,400,000 in the last 12 months, around AED 2,404 per sqft.

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Mortgage on 107, Reehan 7

Starts from the last sale price (AED 2.8M, 5 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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