2-bed · 1,410 sqftReehan 8, The Old Town · 3rd floor · completed 2006

304, Reehan 8

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

Unit 304 · DLD and Ejari recordsUpdated 9 July 2022
Last soldAED 961K13 May 2010
Current rentAED 160K /yr9 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Reehan 8

What is 304 worth today?

Last sold for AED 960,944 in 2010

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9 Jul 2022RentedNew contract
AED 160,000/yr12 months · AED 113 per sqft
21 Jun 2021RentedRenewal
AED 103,500/yr12 months · AED 73 per sqft
21 Jun 2020RentedNew contract
AED 90,000/yr12 months · AED 64 per sqft
29 Apr 2019RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
10 Feb 2014RentedNew contract
AED 150,000/yr12 months · AED 106 per sqft
13 May 2010Sold by developerReady
AED 960,944AED 681 per sqft

Source: Dubai Land Department. Updated 9 July 2022.

Key facts

Type
2-bed apartment
Size
1,410 sqft
Floor
3rd of 4
Parking
B-2429
Developer
Emaar
Completed
2006
Service charge
AED 29,100 /yr
Last sold
AED 961K · May 2010
Building
Reehan 8

About 304, Reehan 8

304 is a two-bedroom apartment of 1,410 sqft on the 3rd floor of Reehan 8, a 4-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 13 May 2010 for AED 960,944, or AED 681 per sqft, 44% below the AED 1,227 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 9 July 2022, is AED 160,000 a year: a gross yield of 16.7% on the 2010 price, before the service charge of about AED 29,100 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Reehan 8
1M2M3M20082012201620202024Typical sale price by year: 2008 AED 2,600,000; 2009 AED 1,730,888; 2010 AED 1,735,388; 2011 AED 1,677,888; 2017 AED 2,050,000; 2023 AED 2,860,000Sold by developer, May 2010: AED 960,944 (AED 681 per sqft)

304 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 304, each contractTypical two-bed in Reehan 8
100K150K200K2013201720212025Typical rent by year: 2013 AED 135,000; 2014 AED 172,500; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 160,000; 2018 AED 145,000; 2019 AED 135,000; 2020 AED 115,000; 2021 AED 108,000; 2022 AED 130,000; 2023 AED 170,000; 2024 AED 170,000; 2025 AED 200,000; 2026 AED 190,000New contract, February 2014: AED 150,000 a yearNew contract, April 2019: AED 130,000 a yearNew contract, June 2020: AED 90,000 a yearRenewal, June 2021: AED 103,500 a yearNew contract, July 2022: AED 160,000 a year

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

2-beds in Reehan 8, and where 304 sits

All 20 2-beds →

304 last sold in May 2010 at AED 681 per sqft, 44% below what two-beds in Reehan 8 were fetching at the time (AED 1,227). 304's AED 160,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Oct 20253,300,000
18 Oct 20243,100,000
2 Nov 20232,500,000
25 Aug 20232,960,000
0 2-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 →

Other units on the 3rd floor

All 47 units in Reehan 8
Value
3011-bedAED 1.93M · Jun 2025
3021-bedAED 1.79M · Jun 2023
3032-bedAED 3.1M · Oct 2024
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

304, Reehan 8 in numbers

  • Sold once: by Emaar on 13 May 2010 for AED 960,944, or AED 681 per sqft.
  • Rented since February 2014 on 5 Ejari contracts. The rent fell from AED 150,000 to AED 90,000 in 2020 and recovered to AED 160,000 by July 2022.
  • At AED 160,000 a year the gross yield on the 2010 price is 16.7%, before a service charge of about AED 29,100 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 9 July 2022.

Questions about 304, Reehan 8

What did unit 304 last sell for?

AED 960,944 on 13 May 2010, sold by the developer: AED 681 per sqft for 1,410 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 160,000 a year on the contract signed on 9 July 2022. The previous contract, from June 2021, was AED 103,500; the unit has been rented since February 2014.

How big is unit 304?

1,410 sqft (131.0 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2006.

What is unit 304 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 304, Reehan 8

Starts from the last sale price (AED 961K, 13 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 960,944
Deposit, UAE resident (20%)
AED 192,189
Deposit, non-resident (40%)
AED 384,378
Monthly over 25 years at 3.7%
AED 3,932

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