
706, Reehan 7
Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Reehan 7
What is 706 worth today?
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Source: Dubai Land Department. Updated 4 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 7th of 9
- Parking
- B-2265
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 25,900 /yr
- Last sold
- AED 2.58M · July 2024
- Building
- Reehan 7
About 706, Reehan 7
706 is a two-bedroom apartment of 1,258 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 4 July 2024 for AED 2,580,000, or AED 2,050 per sqft, in line with the AED 2,008 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 14 August 2023, is AED 140,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 25,900 a year.
Sales and rents for 706 over time
706 has sold twice; the dashed line is the two-bed median of each year in the building.
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 706 sits
All 44 2-beds →706 last sold in July 2024 at AED 2,050 per sqft, in line with what two-beds in Reehan 7 were fetching at the time (AED 2,008). 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. 706's AED 140,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Oct 202612 October 2026 | 1,354 sqft | 3,185,000 | 2,352 | ||
| 2 Apr 20262 April 2026 | 1,258 sqft | 2,975,000 | 2,364 | ||
| 10 Feb 202610 February 2026 | 1,258 sqft | 3,100,000 | 2,464 | ||
| 29 Dec 202529 December 2025 | 1,221 sqft | 3,400,000 | 2,784 |
Reehan 7
Building65 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%
Other units on the 7th floor
All 65 units in Reehan 7| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,354 sqft | AED 3.48MAED 3,475,000 · Jul 2025July 2025 | 180,000 /yr | |
| 702 | 2-bed | 1,517 sqft | AED 2.87MAED 2,870,000 · May 2013May 2013 | 148,000 /yr | |
| 703 | 2-bed | 1,221 sqft | AED 2.7MAED 2,700,000 · Mar 2010March 2010 | 150,000 /yr | |
| 704 | 1-bed | 826 sqft | AED 1.29MAED 1,285,000 · Apr 2013April 2013 | 120,000 /yr | |
| 705 | 1-bed | 773 sqft | AED 1.16MAED 1,157,500 · Nov 2022November 2022 | 115,000 /yr | |
| 707 | 2-bed | 1,405 sqft | AED 3.15MAED 3,150,000 · Jun 2024June 2024 | 210,000 /yr |
706, Reehan 7 in numbers
- Sold twice: first on 11 May 2010 for AED 1,600,000, last on 4 July 2024 for AED 2,580,000 (AED 2,050 per sqft).
- Rented since January 2014 on 6 Ejari contracts. The rent fell from AED 140,000 to AED 123,894 in 2022 and recovered to AED 140,000 by August 2023.
- At AED 140,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 25,900 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 4 July 2024.
Questions about 706, Reehan 7
What did unit 706 last sell for?
AED 2,580,000 on 4 July 2024: AED 2,050 per sqft for 1,258 sqft. The unit has 2 registered sales; the first was AED 1,600,000 in May 2010.
What is the rent for unit 706?
AED 140,000 a year on the contract renewed on 14 August 2023. The previous contract, from August 2022, was AED 130,000; the unit has been rented since January 2014.
How big is unit 706?
1,258 sqft (116.9 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2006.
What is unit 706 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 706, Reehan 7
Starts from the last sale price (AED 2.58M, 4 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,580,000
- Deposit, UAE resident (20%)
- AED 516,000
- Deposit, non-resident (40%)
- AED 1,032,000
- Monthly over 25 years at 3.7%
- AED 10,556
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →