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2-bed · 1,185 sqftReehan 8, The Old Town · Ground floor · completed 2006

G02, Reehan 8

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 19 June 2023
Last soldAED 2.86M19 June 2023
Current rentAED 105K /yr29 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G02, Reehan 8

What is G02 worth today?

Last sold for AED 2,860,000 in 2023

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19 Jun 2023SoldReady
AED 2,860,000AED 2,413 per sqft
29 Mar 2022RentedRenewal
AED 104,500/yr12 months · AED 88 per sqft
29 Mar 2021RentedRenewal
AED 95,000/yr12 months · AED 80 per sqft
29 Mar 2020RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
6 Feb 2019RentedNew contract
AED 120,000/yr12 months · AED 101 per sqft
3 Nov 2017RentedNew contract
AED 150,000/yr12 months · AED 127 per sqft
21 Jul 2016RentedNew contract
AED 152,000/yr12 months · AED 128 per sqft
5 Jul 2015RentedNew contract
AED 150,000/yr12 months · AED 127 per sqft

Source: Dubai Land Department. Updated 19 June 2023.

Key facts

Type
2-bed apartment
Size
1,185 sqft
Floor
Ground of 4
Parking
B-2459
Developer
Emaar
Completed
2006
Service charge
AED 24,400 /yr
Last sold
AED 2.86M · June 2023
Building
Reehan 8

About G02, Reehan 8

G02 is a two-bedroom apartment of 1,185 sqft on the ground floor of Reehan 8, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 19 June 2023 for AED 2,860,000, or AED 2,413 per sqft.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 29 March 2022, is AED 104,500 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 24,400 a year.

Sales and rents for G02 over time

Sales
Unit G02, each saleTypical two-bed in Reehan 8
2M3M20082012201620202024Typical 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, December 2008: AED 2,950,000 (AED 2,489 per sqft)Sold, December 2008: AED 2,600,000 (AED 2,194 per sqft)Sold, June 2023: AED 2,860,000 (AED 2,413 per sqft)

G02 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit G02, 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, July 2015: AED 150,000 a yearNew contract, July 2016: AED 152,000 a yearNew contract, November 2017: AED 150,000 a yearNew contract, February 2019: AED 120,000 a yearNew contract, March 2020: AED 100,000 a yearRenewal, March 2021: AED 95,000 a yearRenewal, March 2022: AED 104,500 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 G02 sits

All 20 2-beds →

G02's AED 104,500 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
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 ground floor

All 47 units in Reehan 8
Value
G032-bedAED 3M · Jul 2022
G042-bedAED 3.5M · Feb 2014
G053-bedAED 2.57M · Feb 2011
G061-bedAED 1.15M · Jun 2010
G071-bedAED 1.34M · Jun 2010
G082-bedAED 2.05M · Mar 2020
G093-bedAED 4.75M · Oct 2013
1–7 of 9

G02, Reehan 8 in numbers

  • Sold 3 times: first on 18 December 2008 for AED 2,600,000, last on 19 June 2023 for AED 2,860,000 (AED 2,413 per sqft).
  • Rented since July 2015 on 7 Ejari contracts, from AED 150,000 to AED 104,500 a year.
  • At AED 104,500 a year the gross yield on the 2023 price is 3.6%, before a service charge of about AED 24,400 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 19 June 2023.

Questions about G02, Reehan 8

What did unit G02 last sell for?

AED 2,860,000 on 19 June 2023: AED 2,413 per sqft for 1,185 sqft. The unit has 3 registered sales; the first was AED 2,600,000 in December 2008.

What is the rent for unit G02?

AED 104,500 a year on the contract renewed on 29 March 2022. The previous contract, from March 2021, was AED 95,000; the unit has been rented since July 2015.

How big is unit G02?

1,185 sqft (110.1 sqm): a two-bedroom apartment on the ground floor of a 4-storey tower completed in 2006.

What is unit G02 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 G02, Reehan 8

Starts from the last sale price (AED 2.86M, 19 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,860,000
Deposit, UAE resident (20%)
AED 572,000
Deposit, non-resident (40%)
AED 1,144,000
Monthly over 25 years at 3.7%
AED 11,701

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