1-bed · 1,231 sqftReehan 8, The Old Town · 1st floor · completed 2006

106, Reehan 8

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 26 June 2023
Last soldAED 2M26 June 2023
Current rentAED 95K /yr6 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Reehan 8

What is 106 worth today?

Last sold for AED 2,000,000 in 2023

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26 Jun 2023SoldReady
AED 2,000,000AED 1,624 per sqft
6 Feb 2022RentedRenewal
AED 95,000/yr12 months · AED 77 per sqft
6 Feb 2021RentedNew contract
AED 90,000/yr12 months · AED 73 per sqft
27 Jun 2019RentedRenewal
AED 110,000/yr12 months · AED 90 per sqft
27 Jun 2018RentedRenewal
AED 130,000/yr12 months · AED 106 per sqft
27 Jun 2017RentedRenewal
AED 130,000/yr12 months · AED 106 per sqft
27 Jun 2016RentedRenewal
AED 130,000/yr12 months · AED 106 per sqft
27 Jun 2015RentedNew contract
AED 130,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 26 June 2023.

Key facts

Type
1-bed apartment
Size
1,231 sqft
Floor
1st of 4
Parking
B-2432
Developer
Emaar
Completed
2006
Service charge
AED 25,400 /yr
Last sold
AED 2M · June 2023
Building
Reehan 8

About 106, Reehan 8

106 is a one-bedroom apartment of 1,231 sqft on the 1st floor of Reehan 8, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 26 June 2023 for AED 2,000,000, or AED 1,624 per sqft, in line with the AED 1,670 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 6 February 2022, is AED 95,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 25,400 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical one-bed in Reehan 8
1M1.5M2M2009201320172021Typical sale price by year: 2009 AED 1,254,888; 2010 AED 1,114,944; 2011 AED 1,300,000; 2012 AED 1,141,200; 2023 AED 1,695,000Sold by developer, January 2009: AED 1,254,888 (AED 1,019 per sqft)Sold, June 2023: AED 2,000,000 (AED 1,624 per sqft)

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

Rents
Unit 106, each contractTypical one-bed in Reehan 8
100K150K2013201720212025Typical rent by year: 2013 AED 100,000; 2014 AED 117,750; 2015 AED 122,500; 2016 AED 122,500; 2017 AED 120,000; 2018 AED 106,000; 2019 AED 87,500; 2020 AED 72,500; 2021 AED 75,000; 2022 AED 90,000; 2023 AED 102,360; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 122,500New contract, February 2014: AED 150,000 a yearNew contract, June 2015: AED 130,000 a yearRenewal, June 2016: AED 130,000 a yearRenewal, June 2017: AED 130,000 a yearRenewal, June 2018: AED 130,000 a yearRenewal, June 2019: AED 110,000 a yearNew contract, February 2021: AED 90,000 a yearRenewal, February 2022: AED 95,000 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 8, and where 106 sits

All 19 1-beds →

106 last sold in June 2023 at AED 1,624 per sqft, in line with what one-beds in Reehan 8 were fetching at the time (AED 1,670). Over the last 12 months one-beds sold for AED 2,700,000, around AED 2,193 per sqft, and rent for AED 100,000 to 160,000 a year. 106's AED 95,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jan 20262,700,000
13 Jun 20251,925,000
4 Feb 20251,600,000
11 Aug 20231,600,000
1 1-bed sale in the last 12 months

Reehan 8

Building

47 apartments, 1-bed to 3-bed over 4 floors in The Old Town, completed in 2006 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 2,193
Typical sale
AED 2.7M
Typical rent
AED 150K /yr
Typical yield
5.8%
Reehan 8, The Old Town: prices, sales and rents →

Other units on the 1st floor

All 47 units in Reehan 8
Value
1011-bedAED 1.63M · Aug 2016
1021-bedAED 1.6M · Aug 2023
1032-bedAED 3.3M · Oct 2025
1042-bedAED 2.84M · Jun 2015
1053-bedAED 2.56M · Jan 2011
1071-bedAED 1.25M · Jul 2009
1082-bedAED 1.74M · Jun 2010
1–7 of 10

106, Reehan 8 in numbers

  • Sold twice: first on 18 January 2009 for AED 1,254,888, last on 26 June 2023 for AED 2,000,000 (AED 1,624 per sqft).
  • Rented since February 2014 on 8 Ejari contracts, from AED 150,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 25,400 a year (AED 20.62 per sqft).
  • One-beds in Reehan 8 sold for AED 2,700,000–2,700,000 in the 12 months to November 2026; the building's median across all types is AED 2,193 per sqft.

Source: Dubai Land Department. Updated 26 June 2023.

Questions about 106, Reehan 8

What did unit 106 last sell for?

AED 2,000,000 on 26 June 2023: AED 1,624 per sqft for 1,231 sqft. The unit has 2 registered sales; the first was AED 1,254,888 in January 2009.

What is the rent for unit 106?

AED 95,000 a year on the contract renewed on 6 February 2022. The previous contract, from February 2021, was AED 90,000; the unit has been rented since February 2014.

How big is unit 106?

1,231 sqft (114.4 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2006.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Reehan 8 sold for AED 2,700,000 to 2,700,000 in the last 12 months, around AED 2,193 per sqft.

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Mortgage on 106, Reehan 8

Starts from the last sale price (AED 2M, 26 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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