2-bed · 1,517 sqftReehan 7, The Old Town · 4th floor · completed 2006

402, Reehan 7

Sold prices and rental history: sold twice, last in July 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 3 November 2025
Last soldAED 2.76M21 July 2016
Current rentAED 215K /yr3 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Reehan 7

What is 402 worth today?

Last sold for AED 2,760,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 Nov 2025RentedNew contract
AED 215,000/yr24 months · AED 142 per sqft
5 Nov 2024RentedRenewal
AED 147,000/yr10 months · AED 98 per sqft
5 Nov 2023RentedRenewal
AED 147,000/yr12 months · AED 98 per sqft
5 Nov 2022RentedRenewal
AED 140,000/yr12 months · AED 93 per sqft
5 Nov 2021RentedRenewal
AED 115,500/yr12 months · AED 77 per sqft
5 Nov 2020RentedNew contract
AED 110,000/yr12 months · AED 72 per sqft
18 Jan 2020RentedNew contract
AED 145,000/yr12 months · AED 96 per sqft
8 Jan 2017RentedNew contract
AED 195,000/yr12 months · AED 128 per sqft

Source: Dubai Land Department. Updated 3 November 2025.

Key facts

Type
2-bed apartment
Size
1,517 sqft
Floor
4th of 9
Parking
B-2374 , B2362
Developer
Emaar
Completed
2006
Service charge
AED 31,300 /yr
Last sold
AED 2.76M · July 2016
Building
Reehan 7

About 402, Reehan 7

402 is a two-bedroom apartment of 1,517 sqft on the 4th floor of Reehan 7, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 21 July 2016 for AED 2,760,000, or AED 1,819 per sqft, 4% below the AED 1,886 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 3 November 2025, is AED 215,000 a year: a gross yield of 7.8% on the 2016 price, before the service charge of about AED 31,300 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, September 2013: AED 1,954,888 (AED 1,288 per sqft)Sold, July 2016: AED 2,760,000 (AED 1,819 per sqft)

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

Rents
Unit 402, each contractTypical two-bed in Reehan 7
100K200K2012201620202024Typical 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, January 2013: AED 63,500 a yearNew contract, January 2015: AED 150,000 a yearNew contract, January 2017: AED 195,000 a yearNew contract, January 2020: AED 145,000 a yearNew contract, November 2020: AED 110,000 a yearRenewal, November 2021: AED 115,500 a yearRenewal, November 2022: AED 140,000 a yearRenewal, November 2023: AED 147,000 a yearRenewal, November 2024: AED 147,000 a yearNew contract, November 2025: AED 215,000 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 402 sits

All 44 2-beds →

402 last sold in July 2016 at AED 1,819 per sqft, 4% below what two-beds in Reehan 7 were fetching at the time (AED 1,886). 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. 402's AED 215,000 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 4th floor

All 65 units in Reehan 7
Value
4012-bedAED 1.67M · May 2010
4032-bedAED 600K · Feb 2020
4041-bedAED 1.48M · Aug 2016
4051-bedAED 1.46M · Aug 2016
4062-bedAED 2.15M · Feb 2013
4072-bedAED 2.02M · Mar 2011

402, Reehan 7 in numbers

  • Sold twice: first on 12 September 2013 for AED 1,954,888, last on 21 July 2016 for AED 2,760,000 (AED 1,819 per sqft).
  • Rented since January 2013 on 10 Ejari contracts, from AED 63,500 to AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2016 price is 7.8%, before a service charge of about AED 31,300 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 3 November 2025.

Questions about 402, Reehan 7

What did unit 402 last sell for?

AED 2,760,000 on 21 July 2016: AED 1,819 per sqft for 1,517 sqft. The unit has 2 registered sales; the first was AED 1,954,888 in September 2013.

What is the rent for unit 402?

AED 215,000 a year on the contract signed on 3 November 2025. The previous contract, from November 2024, was AED 147,000; the unit has been rented since January 2013.

How big is unit 402?

1,517 sqft (140.9 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2006.

What is unit 402 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.

Selling 402? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 402, Reehan 7

Starts from the last sale price (AED 2.76M, 21 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,760,000
Deposit, UAE resident (20%)
AED 552,000
Deposit, non-resident (40%)
AED 1,104,000
Monthly over 25 years at 3.7%
AED 11,292

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