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1-bed · 1,014 sqftReehan 8, The Old Town · Ground floor · completed 2006

G07, Reehan 8

Sold prices and rental history: sold once, by the developer in June 2010, and rented once, from August 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G07 · DLD and Ejari recordsUpdated 21 August 2013
Last soldAED 1.34M30 June 2010
Current rentAED 45K /yr21 August 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G07, Reehan 8

What is G07 worth today?

Last sold for AED 1,342,888 in 2010

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21 Aug 2013RentedNew contract
AED 45,000/yr24 months · AED 44 per sqft
30 Jun 2010Sold by developerReady
AED 1,342,888AED 1,324 per sqft

Source: Dubai Land Department. Updated 21 August 2013.

Key facts

Type
1-bed apartment
Size
1,014 sqft
Floor
Ground of 4
Parking
B-2389
Developer
Emaar
Completed
2006
Service charge
AED 20,900 /yr
Last sold
AED 1.34M · June 2010
Building
Reehan 8

About G07, Reehan 8

G07 is a one-bedroom apartment of 1,014 sqft on the ground floor of Reehan 8, a 4-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 30 June 2010 for AED 1,342,888, or AED 1,324 per sqft, 7% above the AED 1,237 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 21 August 2013. The current contract, signed on 21 August 2013, is AED 45,000 a year: a gross yield of 3.4% on the 2010 price, before the service charge of about AED 20,900 a year.

Sales and rents for G07 over time

Sales
Unit G07, each saleTypical one-bed in Reehan 8
1.5M2009201320172021Typical sale price by year: 2009 AED 1,254,888; 2010 AED 1,114,944; 2011 AED 1,300,000; 2012 AED 1,141,200; 2023 AED 1,695,000Sold by developer, June 2010: AED 1,342,888 (AED 1,324 per sqft)

G07 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit G07, each contractTypical one-bed in Reehan 8
50K100K2013201720212025Typical rent by year: 2013 AED 100,000; 2014 AED 117,750; 2015 AED 122,500; 2016 AED 122,500; 2017 AED 120,000; 2018 AED 106,000; 2019 AED 87,500; 2020 AED 72,500; 2021 AED 75,000; 2022 AED 90,000; 2023 AED 102,360; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 122,500New contract, August 2013: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Reehan 8, and where G07 sits

All 19 1-beds →

G07 last sold in June 2010 at AED 1,324 per sqft, 7% above what one-beds in Reehan 8 were fetching at the time (AED 1,237). Over the last 12 months one-beds sold for AED 2,700,000, around AED 2,193 per sqft, and rent for AED 100,000 to 160,000 a year. G07's AED 45,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jan 20262,700,000
13 Jun 20251,925,000
4 Feb 20251,600,000
11 Aug 20231,600,000
1 1-bed sale 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
G042-bedAED 3.5M · Feb 2014
G053-bedAED 2.57M · Feb 2011
G061-bedAED 1.15M · Jun 2010
G082-bedAED 2.05M · Mar 2020
G093-bedAED 4.75M · Oct 2013
1–7 of 9

G07, Reehan 8 in numbers

  • Sold once: by Emaar on 30 June 2010 for AED 1,342,888, or AED 1,324 per sqft.
  • Rented since August 2013 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2010 price is 3.4%, before a service charge of about AED 20,900 a year (AED 20.62 per sqft).
  • One-beds in Reehan 8 sold for AED 2,700,000–2,700,000 in the 12 months to November 2026; the building's median across all types is AED 2,193 per sqft.

Source: Dubai Land Department. Updated 21 August 2013.

Questions about G07, Reehan 8

What did unit G07 last sell for?

AED 1,342,888 on 30 June 2010, sold by the developer: AED 1,324 per sqft for 1,014 sqft. It is the only registered sale of the unit.

What is the rent for unit G07?

AED 45,000 a year on the contract signed on 21 August 2013.

How big is unit G07?

1,014 sqft (94.2 sqm): a one-bedroom apartment on the ground floor of a 4-storey tower completed in 2006.

What is unit G07 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Reehan 8 sold for AED 2,700,000 to 2,700,000 in the last 12 months, around AED 2,193 per sqft.

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Mortgage on G07, Reehan 8

Starts from the last sale price (AED 1.34M, 30 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,342,888
Deposit, UAE resident (20%)
AED 268,578
Deposit, non-resident (40%)
AED 537,155
Monthly over 25 years at 3.7%
AED 5,494

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