3-bed · 2,034 sqftReehan 8, The Old Town · completed 2006

209, Reehan 8

Sold prices and rental history: sold twice, last in March 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 27 May 2024
Last soldAED 3.32M8 March 2010
Current rentAED 196K /yr27 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Reehan 8

What is 209 worth today?

Last sold for AED 3,321,888 in 2010

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27 May 2024RentedRenewal
AED 196,350/yr12 months · AED 97 per sqft
27 May 2023RentedRenewal
AED 178,500/yr12 months · AED 88 per sqft
27 May 2022RentedRenewal
AED 170,000/yr12 months · AED 84 per sqft
27 May 2021RentedNew contract
AED 170,000/yr12 months · AED 84 per sqft
4 Apr 2020RentedRenewal
AED 185,000/yr12 months · AED 91 per sqft
4 Apr 2019RentedRenewal
AED 200,000/yr12 months · AED 98 per sqft
4 Apr 2018RentedNew contract
AED 215,000/yr12 months · AED 106 per sqft
10 Jun 2017RentedRenewal
AED 260,000/yr12 months · AED 128 per sqft

Source: Dubai Land Department. Updated 27 May 2024.

Key facts

Type
3-bed apartment
Size
2,034 sqft
Parking
B-2467-2490
Developer
Emaar
Completed
2006
Service charge
AED 41,900 /yr
Last sold
AED 3.32M · March 2010
Building
Reehan 8

About 209, Reehan 8

209 is a three-bedroom apartment of 2,034 sqft of Reehan 8, a 4-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 8 March 2010 for AED 3,321,888, or AED 1,633 per sqft, in line with the AED 1,633 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 27 May 2024, is AED 196,350 a year: a gross yield of 5.9% on the 2010 price, before the service charge of about AED 41,900 a year.

Sales and rents for 209 over time

Rents
Unit 209, each contractTypical three-bed in Reehan 8
200K300K20142017202020232026Typical rent by year: 2014 AED 233,950; 2015 AED 260,000; 2016 AED 260,000; 2017 AED 260,000; 2018 AED 230,297; 2019 AED 190,000; 2020 AED 185,000; 2021 AED 220,000; 2022 AED 200,000; 2023 AED 287,500; 2024 AED 285,000; 2025 AED 352,001New contract, June 2014: AED 260,000 a yearNew contract, June 2015: AED 260,000 a yearRenewal, June 2016: AED 260,000 a yearRenewal, June 2017: AED 260,000 a yearNew contract, April 2018: AED 215,000 a yearRenewal, April 2019: AED 200,000 a yearRenewal, April 2020: AED 185,000 a yearNew contract, May 2021: AED 170,000 a yearRenewal, May 2022: AED 170,000 a yearRenewal, May 2023: AED 178,500 a yearRenewal, May 2024: AED 196,350 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Reehan 8, and where 209 sits

All 9 3-beds →

209 last sold in March 2010 at AED 1,633 per sqft, in line with what three-beds in Reehan 8 were fetching at the time (AED 1,633).

Recent 3-bed salesUnit no.Price (AED)Summary
20 Jul 20255,725,000
23 Jun 20234,350,000
22 Oct 20134,750,000
4 Apr 20133,500,000
0 3-bed sales 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 →

209, Reehan 8 in numbers

  • Sold twice: first on 8 March 2010 for AED 3,321,888, last on 8 March 2010 for AED 3,321,888 (AED 1,633 per sqft).
  • Rented since June 2014 on 11 Ejari contracts. The rent fell from AED 260,000 to AED 170,000 in 2022 and recovered to AED 196,350 by May 2024.
  • At AED 196,350 a year the gross yield on the 2010 price is 5.9%, before a service charge of about AED 41,900 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 27 May 2024.

Questions about 209, Reehan 8

What did unit 209 last sell for?

AED 3,321,888 on 8 March 2010, sold by the developer: AED 1,633 per sqft for 2,034 sqft. The unit has 2 registered sales; the first was AED 3,321,888 in March 2010.

What is the rent for unit 209?

AED 196,350 a year on the contract renewed on 27 May 2024. The previous contract, from May 2023, was AED 178,500; the unit has been rented since June 2014.

How big is unit 209?

2,034 sqft (189.0 sqm): a three-bedroom apartment of a 4-storey tower completed in 2006.

What is unit 209 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 209, Reehan 8

Starts from the last sale price (AED 3.32M, 8 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 3,321,888
Deposit, UAE resident (20%)
AED 664,378
Deposit, non-resident (40%)
AED 1,328,755
Monthly over 25 years at 3.7%
AED 13,591

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