307, Reehan 7
Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Reehan 7
What is 307 worth today?
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Source: Dubai Land Department. Updated 22 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,405 sqft
- Floor
- 3rd of 9
- Parking
- B-2376
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 29,000 /yr
- Last sold
- AED 2.52M · March 2024
- Building
- Reehan 7
About 307, Reehan 7
307 is a two-bedroom apartment of 1,405 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 March 2024 for AED 2,522,505, or AED 1,795 per sqft, in line with the AED 1,795 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 October 2022, is AED 125,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 29,000 a year.
Sales and rents for 307 over time
307 has sold 3 times; 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 307 sits
All 44 2-beds →307 last sold in March 2024 at AED 1,795 per sqft, in line with what two-beds in Reehan 7 were fetching at the time (AED 1,795). 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. 307's AED 125,000 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 | |
| 306 | 2-bed | 1,258 sqft | AED 2.1MAED 2,100,000 · Feb 2023February 2023 | 105,000 /yr |
307, Reehan 7 in numbers
- Sold 3 times: first on 18 January 2009 for AED 1,162,944, last on 22 March 2024 for AED 2,522,505 (AED 1,795 per sqft).
- Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 155,000 to AED 80,000 in 2021 and recovered to AED 125,000 by October 2022.
- At AED 125,000 a year the gross yield on the 2024 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 22 March 2024.
Questions about 307, Reehan 7
What did unit 307 last sell for?
AED 2,522,505 on 22 March 2024: AED 1,795 per sqft for 1,405 sqft. The unit has 3 registered sales; the first was AED 1,162,944 in January 2009.
What is the rent for unit 307?
AED 125,000 a year on the contract signed on 1 October 2022. The previous contract, from March 2021, was AED 80,000; the unit has been rented since November 2013.
How big is unit 307?
1,405 sqft (130.5 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2006.
What is unit 307 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 307, Reehan 7
Starts from the last sale price (AED 2.52M, 22 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,522,505
- Deposit, UAE resident (20%)
- AED 504,501
- Deposit, non-resident (40%)
- AED 1,009,002
- Monthly over 25 years at 3.7%
- AED 10,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →