3-bed · 1,887 sqftReehan 8, The Old Town · 3rd floor · completed 2006

305, Reehan 8

Sold prices and rental history: sold 3 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 305 · DLD and Ejari recordsUpdated 23 June 2023
Last soldAED 4.35M23 June 2023
Current rentAED 154K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Reehan 8

What is 305 worth today?

Last sold for AED 4,350,000 in 2023

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23 Jun 2023SoldReady
AED 4,350,000AED 2,305 per sqft
1 Aug 2022RentedNew contract
AED 154,000/yr12 months · AED 82 per sqft
1 Aug 2020RentedNew contract
AED 140,000/yr12 months · AED 74 per sqft
20 Apr 2019RentedNew contract
AED 180,000/yr12 months · AED 96 per sqft
2 Feb 2018RentedRenewal
AED 220,593/yr12 months · AED 117 per sqft
1 Feb 2017RentedRenewal
AED 224,332/yr12 months · AED 119 per sqft
1 Feb 2016RentedNew contract
AED 220,000/yr12 months · AED 117 per sqft
31 Jan 2015RentedRenewal
AED 228,800/yr12 months · AED 121 per sqft

Source: Dubai Land Department. Updated 23 June 2023.

Key facts

Type
3-bed apartment
Size
1,887 sqft
Floor
3rd of 4
Parking
B-2468,B-2489
Developer
Emaar
Completed
2006
Service charge
AED 38,900 /yr
Last sold
AED 4.35M · June 2023
Building
Reehan 8

About 305, Reehan 8

305 is a three-bedroom apartment of 1,887 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 23 June 2023 for AED 4,350,000, or AED 2,305 per sqft.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 August 2022, is AED 154,000 a year: a gross yield of 3.5% on the 2023 price, before the service charge of about AED 38,900 a year.

Sales and rents for 305 over time

Rents
Unit 305, each contractTypical three-bed in Reehan 8
200K300K2013201720212025Typical 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, April 2013: AED 155,404 a yearNew contract, January 2014: AED 207,900 a yearRenewal, January 2015: AED 228,800 a yearNew contract, February 2016: AED 220,000 a yearRenewal, February 2017: AED 224,332 a yearRenewal, February 2018: AED 220,593 a yearNew contract, April 2019: AED 180,000 a yearNew contract, August 2020: AED 140,000 a yearNew contract, August 2022: AED 154,000 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 305 sits

All 9 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
20 Jul 20255,725,000
22 Oct 20134,750,000
16 Feb 20112,565,155
24 Jan 20112,563,888
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 →

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
3042-bedAED 961K · May 2010
3061-bedAED 2.7M · Jan 2026
3071-bedAED 1.3M · Dec 2011
3082-bedAED 2.48M · Nov 2008
1–7 of 10

305, Reehan 8 in numbers

  • Sold 3 times: first on 21 July 2010 for AED 1,223,944, last on 23 June 2023 for AED 4,350,000 (AED 2,305 per sqft).
  • Rented since April 2013 on 9 Ejari contracts, from AED 155,404 to AED 154,000 a year.
  • At AED 154,000 a year the gross yield on the 2023 price is 3.5%, before a service charge of about AED 38,900 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 23 June 2023.

Questions about 305, Reehan 8

What did unit 305 last sell for?

AED 4,350,000 on 23 June 2023: AED 2,305 per sqft for 1,887 sqft. The unit has 3 registered sales; the first was AED 1,223,944 in July 2010.

What is the rent for unit 305?

AED 154,000 a year on the contract signed on 1 August 2022. The previous contract, from August 2020, was AED 140,000; the unit has been rented since April 2013.

How big is unit 305?

1,887 sqft (175.3 sqm): a three-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2006.

What is unit 305 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 305, Reehan 8

Starts from the last sale price (AED 4.35M, 23 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,350,000
Deposit, UAE resident (20%)
AED 870,000
Deposit, non-resident (40%)
AED 1,740,000
Monthly over 25 years at 3.7%
AED 17,797

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