2-bed · 1,354 sqftReehan 7, The Old Town · 7th floor · completed 2006

701, Reehan 7

Sold prices and rental history: sold 5 times, last in July 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 23 July 2025
Last soldAED 3.48M23 July 2025
Current rentAED 180K /yr25 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Reehan 7

What is 701 worth today?

Last sold for AED 3,475,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

23 Jul 2025SoldReady
AED 3,475,000AED 2,566 per sqft
27 Jan 2025SoldReady
AED 2,700,000AED 1,994 per sqft
25 Dec 2024RentedNew contract
AED 180,000/yr12 months · AED 133 per sqft
25 Dec 2024RentedNew contract
AED 180,000/yr12 months · AED 133 per sqft
1 May 2024RentedNew contract
AED 270,000/yr12 months · AED 199 per sqft
25 Dec 2023SoldReady
AED 2,000,000AED 1,477 per sqft
8 Jun 2019RentedNew contract
AED 135,000/yr12 months · AED 100 per sqft
8 Jun 2019RentedRenewal
AED 135,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 23 July 2025.

Key facts

Type
2-bed apartment
Size
1,354 sqft
Floor
7th of 9
Parking
B-2369
Developer
Emaar
Completed
2006
Service charge
AED 27,900 /yr
Last sold
AED 3.48M · July 2025
Building
Reehan 7

About 701, Reehan 7

701 is a two-bedroom apartment of 1,354 sqft on the 7th floor of Reehan 7, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 23 July 2025 for AED 3,475,000, or AED 2,566 per sqft, in line with the AED 2,562 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 25 December 2024, is AED 180,000 a year: a gross yield of 5.2% on the 2025 price, before the service charge of about AED 27,900 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, August 2010: AED 3,400,000 (AED 2,511 per sqft)Sold, October 2018: AED 1,613,240 (AED 1,191 per sqft)Sold, December 2023: AED 2,000,000 (AED 1,477 per sqft)Sold, January 2025: AED 2,700,000 (AED 1,994 per sqft)Sold, July 2025: AED 3,475,000 (AED 2,566 per sqft)

701 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 701, each contractTypical two-bed in Reehan 7
100K200K2012201620202024Typical 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, June 2015: AED 170,000 a yearNew contract, June 2016: AED 155,000 a yearRenewal, June 2017: AED 150,000 a yearRenewal, June 2018: AED 145,000 a yearNew contract, June 2019: AED 135,000 a yearRenewal, June 2019: AED 135,000 a yearNew contract, May 2024: AED 270,000 a yearNew contract, December 2024: AED 180,000 a yearNew contract, December 2024: AED 180,000 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 701 sits

All 44 2-beds →

701 last sold in July 2025 at AED 2,566 per sqft, in line with what two-beds in Reehan 7 were fetching at the time (AED 2,562). 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. 701's AED 180,000 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 7th floor

All 65 units in Reehan 7
Value
7022-bedAED 2.87M · May 2013
7032-bedAED 2.7M · Mar 2010
7041-bedAED 1.29M · Apr 2013
7051-bedAED 1.16M · Nov 2022
7062-bedAED 2.58M · Jul 2024
7072-bedAED 3.15M · Jun 2024

701, Reehan 7 in numbers

  • Sold 5 times: first on 11 August 2010 for AED 3,400,000, last on 23 July 2025 for AED 3,475,000 (AED 2,566 per sqft).
  • Rented since June 2015 on 9 Ejari contracts. The rent fell from AED 170,000 to AED 135,000 in 2019 and recovered to AED 180,000 by December 2024.
  • At AED 180,000 a year the gross yield on the 2025 price is 5.2%, 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 23 July 2025.

Questions about 701, Reehan 7

What did unit 701 last sell for?

AED 3,475,000 on 23 July 2025: AED 2,566 per sqft for 1,354 sqft. The unit has 5 registered sales; the first was AED 3,400,000 in August 2010.

What is the rent for unit 701?

AED 180,000 a year on the contract signed on 25 December 2024. The previous contract, from December 2024, was AED 180,000; the unit has been rented since June 2015.

How big is unit 701?

1,354 sqft (125.8 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2006.

What is unit 701 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.

Selling 701? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 701, Reehan 7

Starts from the last sale price (AED 3.48M, 23 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,475,000
Deposit, UAE resident (20%)
AED 695,000
Deposit, non-resident (40%)
AED 1,390,000
Monthly over 25 years at 3.7%
AED 14,217

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