2-bed · 1,259 sqftReehan 8, The Old Town · 4th floor · completed 2006

410, Reehan 8

Sold prices and rental history: sold 4 times, last in November 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 410 · DLD and Ejari recordsUpdated 2 November 2023
Last soldAED 2.5M2 November 2023
Current rentAED 120K /yr30 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 410, Reehan 8

What is 410 worth today?

Last sold for AED 2,500,000 in 2023

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2 Nov 2023SoldReady
AED 2,500,000AED 1,985 per sqft
30 Nov 2021RentedRenewal
AED 120,000/yr12 months · AED 95 per sqft
30 Nov 2020RentedNew contract
AED 115,000/yr12 months · AED 91 per sqft
14 Jan 2019RentedNew contract
AED 125,000/yr12 months · AED 99 per sqft
1 Jun 2017SoldReady
AED 2,415,000AED 1,918 per sqft
29 Jan 2013SoldReady
AED 2,150,000AED 1,707 per sqft
30 Jun 2010Sold by developerReady
AED 1,741,888AED 1,383 per sqft

Source: Dubai Land Department. Updated 2 November 2023.

Key facts

Type
2-bed apartment
Size
1,259 sqft
Floor
4th of 4
Parking
B-2391
Developer
Emaar
Completed
2006
Service charge
AED 26,000 /yr
Last sold
AED 2.5M · November 2023
Building
Reehan 8

About 410, Reehan 8

410 is a two-bedroom apartment of 1,259 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 2 November 2023 for AED 2,500,000, or AED 1,985 per sqft, 10% below the AED 2,217 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 30 November 2021, is AED 120,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 26,000 a year.

Sales and rents for 410 over time

Sales
Unit 410, each saleTypical two-bed in Reehan 8
2M3M2008201320182023Typical 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 1,741,888 (AED 1,383 per sqft)Sold, January 2013: AED 2,150,000 (AED 1,707 per sqft)Sold, June 2017: AED 2,415,000 (AED 1,918 per sqft)Sold, November 2023: AED 2,500,000 (AED 1,985 per sqft)

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

Rents
Unit 410, 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, January 2019: AED 125,000 a yearNew contract, November 2020: AED 115,000 a yearRenewal, November 2021: AED 120,000 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 410 sits

All 20 2-beds →

410 last sold in November 2023 at AED 1,985 per sqft, 10% below what two-beds in Reehan 8 were fetching at the time (AED 2,217). 410's AED 120,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Oct 20253,300,000
18 Oct 20243,100,000
25 Aug 20232,960,000
19 Jun 20232,860,000
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
4082-bedAED 4.05M · Aug 2016
4093-bedAED 3.1M · Jun 2010
4111-bedAED 1.3M · Mar 2018

410, Reehan 8 in numbers

  • Sold 4 times: first on 30 June 2010 for AED 1,741,888, last on 2 November 2023 for AED 2,500,000 (AED 1,985 per sqft).
  • Rented since January 2019 on 3 Ejari contracts, from AED 125,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 26,000 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 2 November 2023.

Questions about 410, Reehan 8

What did unit 410 last sell for?

AED 2,500,000 on 2 November 2023: AED 1,985 per sqft for 1,259 sqft. The unit has 4 registered sales; the first was AED 1,741,888 in June 2010.

What is the rent for unit 410?

AED 120,000 a year on the contract renewed on 30 November 2021. The previous contract, from November 2020, was AED 115,000; the unit has been rented since January 2019.

How big is unit 410?

1,259 sqft (117.0 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2006.

What is unit 410 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 410, Reehan 8

Starts from the last sale price (AED 2.5M, 2 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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