1-bed · 826 sqftReehan 7, The Old Town · 7th floor · completed 2006

704, Reehan 7

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

Unit 704 · DLD and Ejari recordsUpdated 16 February 2026
Last soldAED 1.29M8 April 2013
Current rentAED 120K /yr16 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Reehan 7

What is 704 worth today?

Last sold for AED 1,285,000 in 2013

Unlock today's estimate, updated daily, with

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

16 Feb 2026RentedNew contract
AED 120,000/yr12 months · AED 145 per sqft
15 Mar 2025RentedRenewal
AED 125,000/yr12 months · AED 151 per sqft
15 Mar 2025RentedRenewal
AED 125,000/yr12 months · AED 151 per sqft
15 Mar 2024RentedNew contract
AED 120,000/yr12 months · AED 145 per sqft
14 Feb 2023RentedNew contract
AED 120,000/yr12 months · AED 145 per sqft
20 Sep 2020RentedNew contract
AED 60,000/yr12 months · AED 72 per sqft
1 Sep 2019RentedNew contract
AED 80,000/yr12 months · AED 97 per sqft
18 Feb 2018RentedNew contract
AED 85,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 16 February 2026.

Key facts

Type
1-bed apartment
Size
826 sqft
Floor
7th of 9
Parking
B-2161
Developer
Emaar
Completed
2006
Service charge
AED 17,000 /yr
Last sold
AED 1.29M · April 2013
Building
Reehan 7

About 704, Reehan 7

704 is a one-bedroom apartment of 826 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 8 April 2013 for AED 1,285,000, or AED 1,555 per sqft, in line with the AED 1,525 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 16 February 2026, is AED 120,000 a year: a gross yield of 9.3% on the 2013 price, before the service charge of about AED 17,000 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Reehan 7
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 931,092; 2010 AED 1,055,888; 2011 AED 989,944; 2012 AED 1,155,888; 2013 AED 1,285,000; 2017 AED 1,392,500; 2024 AED 1,600,000; 2025 AED 1,950,000Sold by developer, June 2010: AED 1,055,888 (AED 1,278 per sqft)Sold, April 2013: AED 1,285,000 (AED 1,555 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Reehan 7
50K100K2013201720212025Typical rent by year: 2013 AED 91,000; 2014 AED 106,500; 2015 AED 100,000; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 85,000; 2019 AED 71,500; 2020 AED 61,500; 2021 AED 67,500; 2022 AED 78,500; 2023 AED 80,850; 2024 AED 101,781; 2025 AED 125,000; 2026 AED 109,000New contract, May 2013: AED 85,000 a yearNew contract, August 2014: AED 110,000 a yearNew contract, July 2015: AED 95,000 a yearNew contract, February 2018: AED 85,000 a yearNew contract, September 2019: AED 80,000 a yearNew contract, September 2020: AED 60,000 a yearNew contract, February 2023: AED 120,000 a yearNew contract, March 2024: AED 120,000 a yearRenewal, March 2025: AED 125,000 a yearRenewal, March 2025: AED 125,000 a yearNew contract, February 2026: AED 120,000 a year

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 704 sits

All 18 1-beds →

704 last sold in April 2013 at AED 1,555 per sqft, in line with what one-beds in Reehan 7 were fetching at the time (AED 1,525). 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. 704's AED 120,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Jul 202621,189
15 Jan 202648,758
22 Oct 20251,900,000
24 Sep 20251,950,000
2 1-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
7032-bedAED 2.7M · Mar 2010
7051-bedAED 1.16M · Nov 2022
7062-bedAED 2.58M · Jul 2024
7072-bedAED 3.15M · Jun 2024

704, Reehan 7 in numbers

  • Sold twice: first on 30 June 2010 for AED 1,055,888, last on 8 April 2013 for AED 1,285,000 (AED 1,555 per sqft).
  • Rented since May 2013 on 11 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2020 and recovered to AED 120,000 by February 2026.
  • At AED 120,000 a year the gross yield on the 2013 price is 9.3%, 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 16 February 2026.

Questions about 704, Reehan 7

What did unit 704 last sell for?

AED 1,285,000 on 8 April 2013: AED 1,555 per sqft for 826 sqft. The unit has 2 registered sales; the first was AED 1,055,888 in June 2010.

What is the rent for unit 704?

AED 120,000 a year on the contract signed on 16 February 2026. The previous contract, from March 2025, was AED 125,000; the unit has been rented since May 2013.

How big is unit 704?

826 sqft (76.7 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2006.

What is unit 704 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.

Selling 704? 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 704, Reehan 7

Starts from the last sale price (AED 1.29M, 8 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,285,000
Deposit, UAE resident (20%)
AED 257,000
Deposit, non-resident (40%)
AED 514,000
Monthly over 25 years at 3.7%
AED 5,257

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