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2-bed · 2,075 sqftReehan 8, The Old Town · 4th floor · completed 2006

408, Reehan 8

Sold prices and rental history: sold 3 times, last in August 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 3 August 2016
Last soldAED 4.05M3 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Reehan 8

What is 408 worth today?

Last sold for AED 4,050,000 in 2016

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3 Aug 2016SoldReady
AED 4,050,000AED 1,951 per sqft
17 Mar 2013SoldReady
AED 4,300,000AED 2,072 per sqft
30 Jun 2010Sold by developerReady
AED 2,344,888AED 1,130 per sqft

Source: Dubai Land Department. Updated 3 August 2016.

Key facts

Type
2-bed apartment
Size
2,075 sqft
Floor
4th of 4
Parking
B-2393
Developer
Emaar
Completed
2006
Service charge
AED 42,800 /yr
Last sold
AED 4.05M · August 2016
Building
Reehan 8

About 408, Reehan 8

408 is a two-bedroom apartment of 2,075 sqft on the 4th floor of Reehan 8, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 3 August 2016 for AED 4,050,000, or AED 1,951 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical two-bed in Reehan 8
2M4M20082012201620202024Typical 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, June 2010: AED 2,344,888 (AED 1,130 per sqft)Sold, March 2013: AED 4,300,000 (AED 2,072 per sqft)Sold, August 2016: AED 4,050,000 (AED 1,951 per sqft)

408 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 408, 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 190,000

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 408 sits

All 20 2-beds →
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 4th floor

All 47 units in Reehan 8
Value
4012-bedAED 883K · Jun 2009
4093-bedAED 3.1M · Jun 2010
4102-bedAED 2.5M · Nov 2023
4111-bedAED 1.3M · Mar 2018

408, Reehan 8 in numbers

  • Sold 3 times: first on 30 June 2010 for AED 2,344,888, last on 3 August 2016 for AED 4,050,000 (AED 1,951 per sqft).

Source: Dubai Land Department. Updated 3 August 2016.

Questions about 408, Reehan 8

What did unit 408 last sell for?

AED 4,050,000 on 3 August 2016: AED 1,951 per sqft for 2,075 sqft. The unit has 3 registered sales; the first was AED 2,344,888 in June 2010.

How big is unit 408?

2,075 sqft (192.8 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2006.

What is unit 408 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 408, Reehan 8

Starts from the last sale price (AED 4.05M, 3 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,050,000
Deposit, UAE resident (20%)
AED 810,000
Deposit, non-resident (40%)
AED 1,620,000
Monthly over 25 years at 3.7%
AED 16,570

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