Reehan 1

P1 — Delivered Ready Secondary
Developer Emaar Properties PJSC
Community The Old Town
Property type Apartment
Data updated Jan 14, 2026

Reehan 1 is a Delivered development by Emaar Properties PJSC in The Old Town. 65 units across 2 Bedroom (68%), 1 Bedroom (28%), 3 Bedroom (5%). Over the trailing 12 months, 164 sales at a median of AED 2,850,000.

Key Metrics
Median Price
Value
AED 2,850,000
Change
34.1% YoY
Transactions
Value
164
Change
5 in period
Price / sqft
Value
AED 1,697
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 2,850,000
↑ 34.1% YoY
Transactions
164
↑ 5 in period
Price / sqft
AED 1,697
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
4.1%
Holding Period
Value
6.0 yrs
Liquidity
Value
7.7%
Ready Market Mix
Value
0.0%
Rental Activity
Value
36.9%
Capital Return
4.1%
Holding Period
6.0 yrs
Liquidity
7.7%
Ready Market Mix
0.0%
Rental Activity
36.9%

Rental Performance

Rental Volume
Value
417
Avg Annual Rent
Value
AED 136,655
New Leases
Value
55.9%
Renewals
Value
44.1%
Rental Volume
417
Avg Annual Rent
AED 136,655
New Leases
55.9%
Renewals
44.1%

Unit Mix

By bedroom type
1 Bedroom 18 units · 28%
2 Bedroom 44 units · 68%
3 Bedroom 3 units · 5%

Transaction Breakdown

All time — 164 transactions
Ready Primary
67
Ready Secondary
97

Price History

Median Price — Reehan 1

Median prices in Reehan 1 have declined significantly, down 28% to AED 3.0M over the past 5 months.

Recent Transactions

Showing last 10 of 164
Date Type Price (AED) Size (sqft) AED/sqft
Jan 14, 2026 RP Secondary 2,958,000 1,257 2,351
Dec 30, 2025 RP Secondary 29,370 826 35
Jul 10, 2025 RP Secondary 2,850,000 1,257 2,265
Jun 25, 2025 RP Secondary 51,687 826 62
May 06, 2025 RP Secondary 4,100,000 2,416 1,696
Feb 13, 2025 RP Secondary 4,275,000 1,516 2,818
Jan 07, 2025 RP Secondary 3,470,000 1,354 2,562
Dec 17, 2024 RP Secondary 23,844 826 28
Nov 26, 2024 RP Secondary 950,000 1,220 778
Nov 11, 2024 RP Secondary 3,200,000 1,405 2,277

This project is in The Old Town

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