2-bed · 1,221 sqftReehan 7, The Old Town · 7th floor · completed 2006

703, Reehan 7

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 2.7M16 March 2010
Current rentAED 150K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Reehan 7

What is 703 worth today?

Last sold for AED 2,700,000 in 2010

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15 Oct 2026RentedNew contract
AED 150,000/yr12 months · AED 123 per sqft
8 Sep 2025RentedNew contract
AED 175,000/yr12 months · AED 144 per sqft
15 Nov 2023RentedNew contract
AED 185,000/yr12 months · AED 152 per sqft
25 Oct 2022RentedRenewal
AED 115,500/yr12 months · AED 95 per sqft
25 Oct 2021RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
25 Aug 2020RentedNew contract
AED 100,000/yr12 months · AED 82 per sqft
9 Apr 2018RentedRenewal
AED 130,000/yr12 months · AED 107 per sqft
10 Apr 2017RentedRenewal
AED 155,418/yr12 months · AED 128 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
2-bed apartment
Size
1,221 sqft
Floor
7th of 9
Parking
B-2266
Developer
Emaar
Completed
2006
Service charge
AED 25,200 /yr
Last sold
AED 2.7M · March 2010
Building
Reehan 7

About 703, Reehan 7

703 is a two-bedroom apartment of 1,221 sqft on the 7th floor of Reehan 7, a 9-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 16 March 2010 for AED 2,700,000, or AED 2,211 per sqft, 20% above the AED 1,835 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 15 October 2026, is AED 150,000 a year: a gross yield of 5.6% on the 2010 price, before the service charge of about AED 25,200 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, March 2010: AED 2,700,000 (AED 2,211 per sqft)

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

Rents
Unit 703, 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, September 2012: AED 125,000 a yearNew contract, November 2013: AED 145,000 a yearRenewal, November 2014: AED 152,250 a yearNew contract, July 2015: AED 155,000 a yearNew contract, April 2016: AED 155,000 a yearRenewal, April 2017: AED 155,418 a yearRenewal, April 2018: AED 130,000 a yearNew contract, August 2020: AED 100,000 a yearNew contract, October 2021: AED 110,000 a yearRenewal, October 2022: AED 115,500 a yearNew contract, November 2023: AED 185,000 a yearNew contract, September 2025: AED 175,000 a yearNew contract, October 2026: AED 150,000 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 703 sits

All 44 2-beds →

703 last sold in March 2010 at AED 2,211 per sqft, 20% above what two-beds in Reehan 7 were fetching at the time (AED 1,835). 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. 703's AED 150,000 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
7022-bedAED 2.87M · May 2013
7041-bedAED 1.29M · Apr 2013
7051-bedAED 1.16M · Nov 2022
7062-bedAED 2.58M · Jul 2024
7072-bedAED 3.15M · Jun 2024

703, Reehan 7 in numbers

  • Sold once: by Emaar on 16 March 2010 for AED 2,700,000, or AED 2,211 per sqft.
  • Rented since September 2012 on 13 Ejari contracts. The rent fell from AED 125,000 to AED 100,000 in 2020 and recovered to AED 150,000 by October 2026.
  • At AED 150,000 a year the gross yield on the 2010 price is 5.6%, before a service charge of about AED 25,200 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 15 October 2026.

Questions about 703, Reehan 7

What did unit 703 last sell for?

AED 2,700,000 on 16 March 2010, sold by the developer: AED 2,211 per sqft for 1,221 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 150,000 a year on the contract signed on 15 October 2026. The previous contract, from September 2025, was AED 175,000; the unit has been rented since September 2012.

How big is unit 703?

1,221 sqft (113.4 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2006.

What is unit 703 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 703, Reehan 7

Starts from the last sale price (AED 2.7M, 16 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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