2-bed · 1,352 sqftReehan 8, The Old Town · Ground floor · completed 2006

G04, Reehan 8

Sold prices and rental history: sold twice, last in February 2014, and rented once, from June 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G04 · DLD and Ejari recordsUpdated 6 June 2018
Last soldAED 3.5M25 February 2014
Current rentAED 170K /yr6 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G04, Reehan 8

What is G04 worth today?

Last sold for AED 3,500,000 in 2014

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6 Jun 2018RentedNew contract
AED 170,000/yr12 months · AED 125 per sqft
25 Feb 2014SoldReady
AED 3,500,000AED 2,588 per sqft
8 Dec 2010Sold by developerReady
AED 1,734,888AED 1,283 per sqft

Source: Dubai Land Department. Updated 6 June 2018.

Key facts

Type
2-bed apartment
Size
1,352 sqft
Floor
Ground of 4
Parking
B-2461
Developer
Emaar
Completed
2006
Service charge
AED 27,900 /yr
Last sold
AED 3.5M · February 2014
Building
Reehan 8

About G04, Reehan 8

G04 is a two-bedroom apartment of 1,352 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 25 February 2014 for AED 3,500,000, or AED 2,588 per sqft.

One Ejari contract is registered, from 6 June 2018. The current contract, signed on 6 June 2018, is AED 170,000 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 27,900 a year.

Sales and rents for G04 over time

Sales
Unit G04, 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 2010: AED 1,734,888 (AED 1,283 per sqft)Sold, February 2014: AED 3,500,000 (AED 2,588 per sqft)

G04 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G04, 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, June 2018: AED 170,000 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 G04 sits

All 20 2-beds →

G04's AED 170,000 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 ground floor

All 47 units in Reehan 8
Value
G022-bedAED 2.86M · Jun 2023
G032-bedAED 3M · Jul 2022
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

G04, Reehan 8 in numbers

  • Sold twice: first on 8 December 2010 for AED 1,734,888, last on 25 February 2014 for AED 3,500,000 (AED 2,588 per sqft).
  • Rented since June 2018 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2014 price is 4.9%, before a service charge of about AED 27,900 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 6 June 2018.

Questions about G04, Reehan 8

What did unit G04 last sell for?

AED 3,500,000 on 25 February 2014: AED 2,588 per sqft for 1,352 sqft. The unit has 2 registered sales; the first was AED 1,734,888 in December 2010.

What is the rent for unit G04?

AED 170,000 a year on the contract signed on 6 June 2018.

How big is unit G04?

1,352 sqft (125.6 sqm): a two-bedroom apartment on the ground floor of a 4-storey tower completed in 2006.

What is unit G04 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 G04, Reehan 8

Starts from the last sale price (AED 3.5M, 25 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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