504, Reehan 7
Sold prices and rental history: sold 3 times, last in May 2012, 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 504, Reehan 7
What is 504 worth today?
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Source: Dubai Land Department. Updated 3 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 5th of 9
- Parking
- B-2157
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 17,000 /yr
- Last sold
- AED 1.1M · May 2012
- Building
- Reehan 7
About 504, Reehan 7
504 is a one-bedroom apartment of 826 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 6 May 2012 for AED 1,100,000, or AED 1,331 per sqft, in line with the AED 1,331 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 3 July 2024, is AED 87,584 a year: a gross yield of 8.0% on the 2012 price, before the service charge of about AED 17,000 a year.
Sales and rents for 504 over time
504 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Reehan 7, and where 504 sits
All 18 1-beds →504 last sold in May 2012 at AED 1,331 per sqft, in line with what one-beds in Reehan 7 were fetching at the time (AED 1,331). Over the last 12 months one-beds sold for AED 21,189 to 48,758, around AED 45 per sqft, and rent for AED 99,000 to 150,000 a year. 504's AED 87,584 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jul 202628 July 2026 | 773 sqft | 21,189 | 27 | ||
| 15 Jan 202615 January 2026 | 773 sqft | 48,758 | 63 | ||
| 22 Oct 202522 October 2025 | 826 sqft | 1,900,000 | 2,300 | ||
| 24 Sep 202524 September 2025 | 826 sqft | 1,950,000 | 2,360 |
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 | |
| 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 | |
| 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 |
504, Reehan 7 in numbers
- Sold 3 times: first on 2 November 2009 for AED 1,035,888, last on 6 May 2012 for AED 1,100,000 (AED 1,331 per sqft).
- Rented since November 2013 on 11 Ejari contracts. The rent fell from AED 100,000 to AED 60,000 in 2021 and recovered to AED 87,584 by July 2024.
- At AED 87,584 a year the gross yield on the 2012 price is 8.0%, before a service charge of about AED 17,000 a year (AED 20.62 per sqft).
- One-beds in Reehan 7 sold for AED 21,189–48,758 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 July 2024.
Questions about 504, Reehan 7
What did unit 504 last sell for?
AED 1,100,000 on 6 May 2012: AED 1,331 per sqft for 826 sqft. The unit has 3 registered sales; the first was AED 1,035,888 in November 2009.
What is the rent for unit 504?
AED 87,584 a year on the contract renewed on 3 July 2024. The previous contract, from July 2023, was AED 75,900; the unit has been rented since November 2013.
How big is unit 504?
826 sqft (76.7 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2006.
What is unit 504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Reehan 7 sold for AED 21,189 to 48,758 in the last 12 months, around AED 45 per sqft.
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Mortgage on 504, Reehan 7
Starts from the last sale price (AED 1.1M, 6 May 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →