502, Reehan 7
Sold prices and rental history: sold twice, last in May 2012, 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 502, Reehan 7
What is 502 worth today?
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Source: Dubai Land Department. Updated 22 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,517 sqft
- Floor
- 5th of 9
- Parking
- B-2277
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 31,300 /yr
- Last sold
- AED 2.2M · May 2012
- Building
- Reehan 7
About 502, Reehan 7
502 is a two-bedroom apartment of 1,517 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 10 May 2012 for AED 2,200,000, or AED 1,450 per sqft, 15% above the AED 1,264 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 22 March 2025, is AED 168,000 a year: a gross yield of 7.6% on the 2012 price, before the service charge of about AED 31,300 a year.
Sales and rents for 502 over time
502 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 502 sits
All 44 2-beds →502 last sold in May 2012 at AED 1,450 per sqft, 15% above what two-beds in Reehan 7 were fetching at the time (AED 1,264). 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. 502's AED 168,000 is in the lower half 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 | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,354 sqft | AED 1.85MAED 1,850,000 · Jan 2022January 2022 | 8,000 /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 |
502, Reehan 7 in numbers
- Sold twice: first on 30 June 2010 for AED 2,234,888, last on 10 May 2012 for AED 2,200,000 (AED 1,450 per sqft).
- Rented since October 2015 on 11 Ejari contracts. The rent fell from AED 190,000 to AED 126,000 in 2021 and recovered to AED 168,000 by March 2025.
- At AED 168,000 a year the gross yield on the 2012 price is 7.6%, 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 22 March 2025.
Questions about 502, Reehan 7
What did unit 502 last sell for?
AED 2,200,000 on 10 May 2012: AED 1,450 per sqft for 1,517 sqft. The unit has 2 registered sales; the first was AED 2,234,888 in June 2010.
What is the rent for unit 502?
AED 168,000 a year on the contract renewed on 22 March 2025. The previous contract, from March 2025, was AED 168,000; the unit has been rented since October 2015.
How big is unit 502?
1,517 sqft (140.9 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2006.
What is unit 502 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 502, Reehan 7
Starts from the last sale price (AED 2.2M, 10 May 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →