501, Reehan 7
Sold prices and rental history: sold 5 times, last in January 2022, and rented once, from January 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Reehan 7
What is 501 worth today?
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Source: Dubai Land Department. Updated 11 January 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,354 sqft
- Floor
- 5th of 9
- Parking
- B-2276
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 27,900 /yr
- Last sold
- AED 1.85M · January 2022
- Building
- Reehan 7
About 501, Reehan 7
501 is a two-bedroom apartment of 1,354 sqft on the 5th floor of Reehan 7, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 11 January 2022 for AED 1,850,000, or AED 1,366 per sqft, 3% above the AED 1,322 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 5 January 2022. The current contract, signed on 5 January 2022, is AED 8,000 a year: a gross yield of 0.4% on the 2022 price, before the service charge of about AED 27,900 a year.
Sales and rents for 501 over time
501 has sold 5 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 501 sits
All 44 2-beds →501 last sold in January 2022 at AED 1,366 per sqft, 3% above what two-beds in Reehan 7 were fetching at the time (AED 1,322). 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. 501's AED 8,000 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 5th floor
All 65 units in Reehan 7| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,517 sqft | AED 2.2MAED 2,200,000 · May 2012May 2012 | 168,000 /yr | |
| 503 | 2-bed | 1,221 sqft | AED 3.4MAED 3,400,000 · Dec 2025December 2025 | 200,000 /yr | |
| 504 | 1-bed | 826 sqft | AED 1.1MAED 1,100,000 · May 2012May 2012 | 87,584 /yr | |
| 505 | 1-bed | 773 sqft | AED 1.37MAED 1,370,000 · May 2023May 2023 | 60,000 /yr | |
| 506 | 2-bed | 1,258 sqft | AED 2.7MAED 2,700,000 · Aug 2014August 2014 | 125,000 /yr | |
| 507 | 2-bed | 1,405 sqft | AED 1.24MAED 1,243,944 · Feb 2011February 2011 | 115,500 /yr |
501, Reehan 7 in numbers
- Sold 5 times: first on 23 May 2010 for AED 2,122,888, last on 11 January 2022 for AED 1,850,000 (AED 1,366 per sqft).
- Rented since January 2022 on one Ejari contract, at AED 8,000 a year.
- At AED 8,000 a year the gross yield on the 2022 price is 0.4%, before a service charge of about AED 27,900 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 11 January 2022.
Questions about 501, Reehan 7
What did unit 501 last sell for?
AED 1,850,000 on 11 January 2022: AED 1,366 per sqft for 1,354 sqft. The unit has 5 registered sales; the first was AED 2,122,888 in May 2010.
What is the rent for unit 501?
AED 8,000 a year on the contract signed on 5 January 2022.
How big is unit 501?
1,354 sqft (125.8 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2006.
What is unit 501 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 501, Reehan 7
Starts from the last sale price (AED 1.85M, 11 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →