1-bed · 1,231 sqftReehan 8, The Old Town · 2nd floor · completed 2006

206, Reehan 8

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 8 March 2022
Last soldAED 1.75M8 March 2022
Current rentAED 90K /yr1 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Reehan 8

What is 206 worth today?

Last sold for AED 1,750,000 in 2022

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8 Mar 2022SoldReady
AED 1,750,000AED 1,421 per sqft
1 Feb 2019RentedNew contract
AED 90,000/yr12 months · AED 73 per sqft
28 Nov 2017RentedRenewal
AED 130,000/yr12 months · AED 106 per sqft
28 Nov 2016RentedNew contract
AED 135,000/yr12 months · AED 110 per sqft
15 Nov 2014RentedNew contract
AED 142,000/yr12 months · AED 116 per sqft
16 Oct 2013RentedNew contract
AED 115,000/yr12 months · AED 94 per sqft
16 Oct 2013RentedRenewal
AED 115,000/yr12 months · AED 94 per sqft
16 Oct 2012RentedNew contract
AED 102,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 8 March 2022.

Key facts

Type
1-bed apartment
Size
1,231 sqft
Floor
2nd of 4
Parking
B-2456
Developer
Emaar
Completed
2006
Service charge
AED 25,400 /yr
Last sold
AED 1.75M · March 2022
Building
Reehan 8

About 206, Reehan 8

206 is a one-bedroom apartment of 1,231 sqft on the 2nd floor of Reehan 8, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 8 March 2022 for AED 1,750,000, or AED 1,421 per sqft.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 1 February 2019, is AED 90,000 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 25,400 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical one-bed in Reehan 8
1.5M2009201320172021Typical 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, March 2010: AED 1,579,000 (AED 1,282 per sqft)Sold, March 2022: AED 1,750,000 (AED 1,421 per sqft)

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

Rents
Unit 206, each contractTypical one-bed in Reehan 8
100K150K2012201620202024Typical 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, October 2012: AED 102,000 a yearNew contract, October 2013: AED 115,000 a yearRenewal, October 2013: AED 115,000 a yearNew contract, November 2014: AED 142,000 a yearNew contract, November 2016: AED 135,000 a yearRenewal, November 2017: AED 130,000 a yearNew contract, February 2019: AED 90,000 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 206 sits

All 19 1-beds →

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. 206's AED 90,000 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 2nd floor

All 47 units in Reehan 8
Value
2011-bedAED 1.1M · Jan 2022
2021-bedAED 1.5M · Jul 2017
2032-bedAED 2.96M · Aug 2023
2042-bedAED 1.73M · Sep 2009
2053-bedAED 2.57M · Jul 2010
2071-bedAED 1.39M · Feb 2012
2082-bedAED 1.8M · Jun 2009
1–7 of 9

206, Reehan 8 in numbers

  • Sold twice: first on 24 March 2010 for AED 1,579,000, last on 8 March 2022 for AED 1,750,000 (AED 1,421 per sqft).
  • Rented since October 2012 on 7 Ejari contracts, from AED 102,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 5.1%, 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 8 March 2022.

Questions about 206, Reehan 8

What did unit 206 last sell for?

AED 1,750,000 on 8 March 2022: AED 1,421 per sqft for 1,231 sqft. The unit has 2 registered sales; the first was AED 1,579,000 in March 2010.

What is the rent for unit 206?

AED 90,000 a year on the contract signed on 1 February 2019. The previous contract, from November 2017, was AED 130,000; the unit has been rented since October 2012.

How big is unit 206?

1,231 sqft (114.4 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2006.

What is unit 206 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 206, Reehan 8

Starts from the last sale price (AED 1.75M, 8 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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