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2-bed · 1,405 sqftReehan 7, The Old Town · 4th floor · completed 2006

407, Reehan 7

Sold prices and rental history: sold once, by the developer in March 2011, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 22 August 2025
Last soldAED 2.02M10 March 2011
Current rentAED 210K /yr22 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Reehan 7

What is 407 worth today?

Last sold for AED 2,018,888 in 2011

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22 Aug 2025RentedNew contract
AED 210,000/yr12 months · AED 149 per sqft
31 Aug 2021RentedNew contract
AED 125,000/yr12 months · AED 89 per sqft
10 Mar 2011Sold by developerReady
AED 2,018,888AED 1,436 per sqft

Source: Dubai Land Department. Updated 22 August 2025.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
4th of 9
Parking
B-2275
Developer
Emaar
Completed
2006
Service charge
AED 29,000 /yr
Last sold
AED 2.02M · March 2011
Building
Reehan 7

About 407, Reehan 7

407 is a two-bedroom apartment of 1,405 sqft on the 4th floor of Reehan 7, a 9-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 10 March 2011 for AED 2,018,888, or AED 1,436 per sqft, 3% above the AED 1,390 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 22 August 2025, is AED 210,000 a year: a gross yield of 10.4% on the 2011 price, before the service charge of about AED 29,000 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, March 2011: AED 2,018,888 (AED 1,436 per sqft)

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

Rents
Unit 407, 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, August 2021: AED 125,000 a yearNew contract, August 2025: 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 407 sits

All 44 2-beds →

407 last sold in March 2011 at AED 1,436 per sqft, 3% above what two-beds in Reehan 7 were fetching at the time (AED 1,390). 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. 407'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 4th floor

All 65 units in Reehan 7
Value
4012-bedAED 1.67M · May 2010
4022-bedAED 2.76M · Jul 2016
4032-bedAED 600K · Feb 2020
4041-bedAED 1.48M · Aug 2016
4051-bedAED 1.46M · Aug 2016
4062-bedAED 2.15M · Feb 2013

407, Reehan 7 in numbers

  • Sold once: by Emaar on 10 March 2011 for AED 2,018,888, or AED 1,436 per sqft.
  • Rented since August 2021 on 2 Ejari contracts, from AED 125,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2011 price is 10.4%, 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 August 2025.

Questions about 407, Reehan 7

What did unit 407 last sell for?

AED 2,018,888 on 10 March 2011, sold by the developer: AED 1,436 per sqft for 1,405 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 210,000 a year on the contract signed on 22 August 2025. The previous contract, from August 2021, was AED 125,000.

How big is unit 407?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2006.

What is unit 407 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 407, Reehan 7

Starts from the last sale price (AED 2.02M, 10 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,018,888
Deposit, UAE resident (20%)
AED 403,778
Deposit, non-resident (40%)
AED 807,555
Monthly over 25 years at 3.7%
AED 8,260

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