1-bed · 808 sqftReehan 8, The Old Town · 3rd floor · completed 2006

302, Reehan 8

Sold prices and rental history: sold 4 times, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 26 June 2023
Last soldAED 1.79M26 June 2023
Current rentAED 60K /yr1 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Reehan 8

What is 302 worth today?

Last sold for AED 1,790,000 in 2023

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26 Jun 2023SoldReady
AED 1,790,000AED 2,215 per sqft
3 Mar 2023SoldReady
AED 1,350,000AED 1,670 per sqft
1 Aug 2021RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
1 Aug 2020RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
1 Aug 2019RentedRenewal
AED 70,000/yr12 months · AED 87 per sqft
1 Aug 2018RentedNew contract
AED 72,000/yr12 months · AED 89 per sqft
1 Jun 2017RentedRenewal
AED 94,000/yr12 months · AED 116 per sqft
1 Jun 2016RentedNew contract
AED 100,000/yr12 months · AED 124 per sqft

Source: Dubai Land Department. Updated 26 June 2023.

Key facts

Type
1-bed apartment
Size
808 sqft
Floor
3rd of 4
Parking
B-2486
Developer
Emaar
Completed
2006
Service charge
AED 16,700 /yr
Last sold
AED 1.79M · June 2023
Building
Reehan 8

About 302, Reehan 8

302 is a one-bedroom apartment of 808 sqft on the 3rd 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 1,790,000, or AED 2,215 per sqft, 33% above the AED 1,670 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 August 2021, is AED 60,000 a year: a gross yield of 3.4% on the 2023 price, before the service charge of about AED 16,700 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical one-bed in Reehan 8
1M1.5M2009201320172021Typical 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, June 2010: AED 974,888 (AED 1,206 per sqft)Sold, February 2015: AED 1,500,000 (AED 1,856 per sqft)Sold, March 2023: AED 1,350,000 (AED 1,670 per sqft)Sold, June 2023: AED 1,790,000 (AED 2,215 per sqft)

302 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 302, each contractTypical one-bed in Reehan 8
50K100K2013201720212025Typical 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, June 2013: AED 81,000 a yearNew contract, June 2014: AED 89,100 a yearNew contract, June 2015: AED 100,000 a yearNew contract, June 2016: AED 100,000 a yearRenewal, June 2017: AED 94,000 a yearNew contract, August 2018: AED 72,000 a yearRenewal, August 2019: AED 70,000 a yearNew contract, August 2020: AED 60,000 a yearNew contract, August 2021: AED 60,000 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 302 sits

All 19 1-beds →

302 last sold in June 2023 at AED 2,215 per sqft, 33% above 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. 302's AED 60,000 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 3rd floor

All 47 units in Reehan 8
Value
3011-bedAED 1.93M · Jun 2025
3032-bedAED 3.1M · Oct 2024
3042-bedAED 961K · May 2010
3053-bedAED 4.35M · Jun 2023
3061-bedAED 2.7M · Jan 2026
3071-bedAED 1.3M · Dec 2011
3082-bedAED 2.48M · Nov 2008
1–7 of 10

302, Reehan 8 in numbers

  • Sold 4 times: first on 30 June 2010 for AED 974,888, last on 26 June 2023 for AED 1,790,000 (AED 2,215 per sqft).
  • Rented since June 2013 on 9 Ejari contracts, from AED 81,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 3.4%, before a service charge of about AED 16,700 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 302, Reehan 8

What did unit 302 last sell for?

AED 1,790,000 on 26 June 2023: AED 2,215 per sqft for 808 sqft. The unit has 4 registered sales; the first was AED 974,888 in June 2010.

What is the rent for unit 302?

AED 60,000 a year on the contract signed on 1 August 2021. The previous contract, from August 2020, was AED 60,000; the unit has been rented since June 2013.

How big is unit 302?

808 sqft (75.1 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2006.

What is unit 302 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 302, Reehan 8

Starts from the last sale price (AED 1.79M, 26 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,790,000
Deposit, UAE resident (20%)
AED 358,000
Deposit, non-resident (40%)
AED 716,000
Monthly over 25 years at 3.7%
AED 7,323

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