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

702, Reehan 7

Sold prices and rental history: sold twice, last in May 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 24 May 2026
Last soldAED 2.87M7 May 2013
Current rentAED 148K /yr24 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Reehan 7

What is 702 worth today?

Last sold for AED 2,870,000 in 2013

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24 May 2026RentedNew contract
AED 148,000/yr12 months · AED 98 per sqft
16 Jul 2025RentedRenewal
AED 182,000/yr12 months · AED 120 per sqft
12 Apr 2024RentedRenewal
AED 173,507/yr15 months · AED 114 per sqft
12 Apr 2024RentedRenewal
AED 173,507/yr15 months · AED 114 per sqft
12 Apr 2023RentedRenewal
AED 135,000/yr12 months · AED 89 per sqft
12 Apr 2022RentedNew contract
AED 135,000/yr12 months · AED 89 per sqft
24 Mar 2021RentedNew contract
AED 119,000/yr12 months · AED 78 per sqft
11 May 2020RentedRenewal
AED 110,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 24 May 2026.

Key facts

Type
2-bed apartment
Size
1,517 sqft
Floor
7th of 9
Parking
B-2368
Developer
Emaar
Completed
2006
Service charge
AED 31,300 /yr
Last sold
AED 2.87M · May 2013
Building
Reehan 7

About 702, Reehan 7

702 is a two-bedroom apartment of 1,517 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 7 May 2013 for AED 2,870,000, or AED 1,891 per sqft, 21% above the AED 1,562 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, signed on 24 May 2026, is AED 148,000 a year: a gross yield of 5.2% on the 2013 price, before the service charge of about AED 31,300 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical two-bed in Reehan 7
1M2M3M2009201420192024Typical 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, October 2011: AED 1,147,444 (AED 756 per sqft)Sold, May 2013: AED 2,870,000 (AED 1,891 per sqft)

702 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 702, each contractTypical two-bed in Reehan 7
100K150K200K2012201620202024Typical 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, October 2014: AED 187,480 a yearRenewal, October 2015: AED 187,480 a yearRenewal, October 2016: AED 190,000 a yearNew contract, July 2017: AED 150,000 a yearNew contract, April 2018: AED 154,000 a yearNew contract, February 2019: AED 175,000 a yearRenewal, May 2020: AED 110,000 a yearNew contract, March 2021: AED 119,000 a yearNew contract, April 2022: AED 135,000 a yearRenewal, April 2023: AED 135,000 a yearRenewal, April 2024: AED 173,507 a yearRenewal, April 2024: AED 173,507 a yearRenewal, July 2025: AED 182,000 a yearNew contract, May 2026: AED 148,000 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 702 sits

All 44 2-beds →

702 last sold in May 2013 at AED 1,891 per sqft, 21% above what two-beds in Reehan 7 were fetching at the time (AED 1,562). 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. 702's AED 148,000 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
7012-bedAED 3.48M · Jul 2025
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

702, Reehan 7 in numbers

  • Sold twice: first on 12 October 2011 for AED 1,147,444, last on 7 May 2013 for AED 2,870,000 (AED 1,891 per sqft).
  • Rented since October 2014 on 14 Ejari contracts. The rent fell from AED 187,480 to AED 110,000 in 2020 and recovered to AED 148,000 by May 2026.
  • At AED 148,000 a year the gross yield on the 2013 price is 5.2%, 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 24 May 2026.

Questions about 702, Reehan 7

What did unit 702 last sell for?

AED 2,870,000 on 7 May 2013: AED 1,891 per sqft for 1,517 sqft. The unit has 2 registered sales; the first was AED 1,147,444 in October 2011.

What is the rent for unit 702?

AED 148,000 a year on the contract signed on 24 May 2026. The previous contract, from July 2025, was AED 182,000; the unit has been rented since October 2014.

How big is unit 702?

1,517 sqft (140.9 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2006.

What is unit 702 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 702, Reehan 7

Starts from the last sale price (AED 2.87M, 7 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,870,000
Deposit, UAE resident (20%)
AED 574,000
Deposit, non-resident (40%)
AED 1,148,000
Monthly over 25 years at 3.7%
AED 11,742

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