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

207, Reehan 7

Sold prices and rental history: sold 3 times, last in August 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 30 September 2023
Last soldAED 1.5M30 August 2020
Current rentAED 210K /yr30 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Reehan 7

What is 207 worth today?

Last sold for AED 1,500,000 in 2020

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30 Sep 2023RentedNew contract
AED 210,000/yr12 months · AED 149 per sqft
30 Aug 2020SoldReady
AED 1,500,000AED 1,067 per sqft
17 Dec 2015SoldReady
AED 2,650,000AED 1,886 per sqft
23 Aug 2014RentedNew contract
AED 165,000/yr12 months · AED 117 per sqft
3 Aug 2013RentedNew contract
AED 173,000/yr12 months · AED 123 per sqft
1 Jun 2012RentedNew contract
AED 125,000/yr12 months · AED 89 per sqft
14 Aug 2011Sold by developerReady
AED 1,728,888AED 1,230 per sqft

Source: Dubai Land Department. Updated 30 September 2023.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
2nd of 9
Parking
B-2410
Developer
Emaar
Completed
2006
Service charge
AED 29,000 /yr
Last sold
AED 1.5M · August 2020
Building
Reehan 7

About 207, Reehan 7

207 is a two-bedroom apartment of 1,405 sqft on the 2nd floor of Reehan 7, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 30 August 2020 for AED 1,500,000, or AED 1,067 per sqft, 3% above the AED 1,034 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 30 September 2023, is AED 210,000 a year: a gross yield of 14.0% on the 2020 price, before the service charge of about AED 29,000 a year.

Sales and rents for 207 over time

Sales
Unit 207, 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 2011: AED 1,728,888 (AED 1,230 per sqft)Sold, December 2015: AED 2,650,000 (AED 1,886 per sqft)Sold, August 2020: AED 1,500,000 (AED 1,067 per sqft)

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

Rents
Unit 207, each contractTypical two-bed in Reehan 7
100K150K200K2012201620202024Typical 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, June 2012: AED 125,000 a yearNew contract, August 2013: AED 173,000 a yearNew contract, August 2014: AED 165,000 a yearNew contract, September 2023: AED 210,000 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 207 sits

All 44 2-beds →

207 last sold in August 2020 at AED 1,067 per sqft, 3% above what two-beds in Reehan 7 were fetching at the time (AED 1,034). 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. 207's AED 210,000 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 2nd floor

All 65 units in Reehan 7
Value
2012-bedAED 2.55M · Mar 2024
2022-bedAED 2.55M · May 2023
2032-bedAED 1.11M · Sep 2017
2041-bedAED 906K · Jul 2010
2051-bedAED 1.13M · Mar 2023
2062-bedAED 1.37M · Oct 2012

207, Reehan 7 in numbers

  • Sold 3 times: first on 14 August 2011 for AED 1,728,888, last on 30 August 2020 for AED 1,500,000 (AED 1,067 per sqft).
  • Rented since June 2012 on 4 Ejari contracts, from AED 125,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2020 price is 14.0%, 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 30 September 2023.

Questions about 207, Reehan 7

What did unit 207 last sell for?

AED 1,500,000 on 30 August 2020: AED 1,067 per sqft for 1,405 sqft. The unit has 3 registered sales; the first was AED 1,728,888 in August 2011.

What is the rent for unit 207?

AED 210,000 a year on the contract signed on 30 September 2023. The previous contract, from August 2014, was AED 165,000; the unit has been rented since June 2012.

How big is unit 207?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2006.

What is unit 207 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 207, Reehan 7

Starts from the last sale price (AED 1.5M, 30 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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