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2-bed · 1,517 sqftReehan 7, The Old Town · 6th floor · completed 2006

602, Reehan 7

Sold prices and rental history: sold 3 times, last in June 2021, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 20 June 2021
Last soldAED 2.3M20 June 2021
Current rentAED 142K /yr11 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 602, Reehan 7

What is 602 worth today?

Last sold for AED 2,300,000 in 2021

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20 Jun 2021SoldReady
AED 2,300,000AED 1,516 per sqft
11 Jul 2018RentedNew contract
AED 142,235/yr12 months · AED 94 per sqft
10 Jun 2018SoldReady
AED 2,400,000AED 1,582 per sqft
17 Jan 2017RentedRenewal
AED 158,000/yr12 months · AED 104 per sqft
17 Jan 2016RentedNew contract
AED 165,000/yr12 months · AED 109 per sqft
8 Jun 2015Sold by developerReady
AED 2,264,888AED 1,493 per sqft

Source: Dubai Land Department. Updated 20 June 2021.

Key facts

Type
2-bed apartment
Size
1,517 sqft
Floor
6th of 9
Parking
B-2282
Developer
Emaar
Completed
2006
Service charge
AED 31,300 /yr
Last sold
AED 2.3M · June 2021
Building
Reehan 7

About 602, Reehan 7

602 is a two-bedroom apartment of 1,517 sqft on the 6th floor of Reehan 7, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 20 June 2021 for AED 2,300,000, or AED 1,516 per sqft.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 11 July 2018, is AED 142,235 a year: a gross yield of 6.2% on the 2021 price, before the service charge of about AED 31,300 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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, June 2015: AED 2,264,888 (AED 1,493 per sqft)Sold, June 2018: AED 2,400,000 (AED 1,582 per sqft)Sold, June 2021: AED 2,300,000 (AED 1,516 per sqft)

602 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 602, each contractTypical two-bed in Reehan 7
100K150K2012201620202024Typical 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 2016: AED 165,000 a yearRenewal, January 2017: AED 158,000 a yearNew contract, July 2018: AED 142,235 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 602 sits

All 44 2-beds →

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. 602's AED 142,235 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 6th floor

All 65 units in Reehan 7
Value
6012-bedAED 3.25M · Jun 2017
6032-bedAED 2.05M · Sep 2018
6041-bedAED 1.95M · Sep 2025
6051-bedAED 2.13M · Mar 2025
6062-bedAED 3.03M · Dec 2025
6072-bedAED 3.6M · Dec 2024

602, Reehan 7 in numbers

  • Sold 3 times: first on 8 June 2015 for AED 2,264,888, last on 20 June 2021 for AED 2,300,000 (AED 1,516 per sqft).
  • Rented since January 2016 on 3 Ejari contracts, from AED 165,000 to AED 142,235 a year.
  • At AED 142,235 a year the gross yield on the 2021 price is 6.2%, 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 20 June 2021.

Questions about 602, Reehan 7

What did unit 602 last sell for?

AED 2,300,000 on 20 June 2021: AED 1,516 per sqft for 1,517 sqft. The unit has 3 registered sales; the first was AED 2,264,888 in June 2015.

What is the rent for unit 602?

AED 142,235 a year on the contract signed on 11 July 2018. The previous contract, from January 2017, was AED 158,000; the unit has been rented since January 2016.

How big is unit 602?

1,517 sqft (140.9 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2006.

What is unit 602 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 602, Reehan 7

Starts from the last sale price (AED 2.3M, 20 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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