306, Reehan 7
Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Reehan 7
What is 306 worth today?
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Source: Dubai Land Department. Updated 22 February 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 3rd of 9
- Parking
- B-2377
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 25,900 /yr
- Last sold
- AED 2.1M · February 2023
- Building
- Reehan 7
About 306, Reehan 7
306 is a two-bedroom apartment of 1,258 sqft on the 3rd floor of Reehan 7, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 22 February 2023 for AED 2,100,000, or AED 1,669 per sqft, 4% below the AED 1,739 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 20 January 2022, is AED 105,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 25,900 a year.
Sales and rents for 306 over time
306 has sold twice; the dashed line is the two-bed median of each year in the building.
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 306 sits
All 44 2-beds →306 last sold in February 2023 at AED 1,669 per sqft, 4% below what two-beds in Reehan 7 were fetching at the time (AED 1,739). 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. 306's AED 105,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Oct 202612 October 2026 | 1,354 sqft | 3,185,000 | 2,352 | ||
| 2 Apr 20262 April 2026 | 1,258 sqft | 2,975,000 | 2,364 | ||
| 10 Feb 202610 February 2026 | 1,258 sqft | 3,100,000 | 2,464 | ||
| 29 Dec 202529 December 2025 | 1,221 sqft | 3,400,000 | 2,784 |
Reehan 7
Building65 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%
Other units on the 3rd floor
All 65 units in Reehan 7| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,354 sqft | AED 2.7MAED 2,700,000 · May 2018May 2018 | 170,000 /yr | |
| 302 | 2-bed | 1,517 sqft | AED 1.94MAED 1,944,888 · Jul 2009July 2009 | 165,000 /yr | |
| 303 | 2-bed | 1,221 sqft | AED 2.56MAED 2,562,000 · Oct 2023October 2023 | 150,000 /yr | |
| 304 | 1-bed | 826 sqft | AED 1.9MAED 1,900,000 · Oct 2025October 2025 | 150,000 /yr | |
| 305 | 1-bed | 773 sqft | AED 21KAED 21,189 · Jul 2026July 2026 | 106,000 /yr | |
| 307 | 2-bed | 1,405 sqft | AED 2.52MAED 2,522,505 · Mar 2024March 2024 | 125,000 /yr |
306, Reehan 7 in numbers
- Sold twice: first on 7 February 2010 for AED 3,400,000, last on 22 February 2023 for AED 2,100,000 (AED 1,669 per sqft).
- Rented since January 2015 on 4 Ejari contracts, from AED 155,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 25,900 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 22 February 2023.
Questions about 306, Reehan 7
What did unit 306 last sell for?
AED 2,100,000 on 22 February 2023: AED 1,669 per sqft for 1,258 sqft. The unit has 2 registered sales; the first was AED 3,400,000 in February 2010.
What is the rent for unit 306?
AED 105,000 a year on the contract renewed on 20 January 2022. The previous contract, from January 2021, was AED 100,000; the unit has been rented since January 2015.
How big is unit 306?
1,258 sqft (116.9 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2006.
What is unit 306 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 306, Reehan 7
Starts from the last sale price (AED 2.1M, 22 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →