Reehan 6 is a luxurious residential building in the heart of Old Town Dubai. The building has apartments for sale and rent, ranging from cozy one-bedroom units to spacious three-bedroom units.
Some of the critical features of Reehan 6 include:
- A prime location in Old Town Dubai
- A range of on-site amenities
- Spacious apartments with high-quality finishes and modern appliances
- A vibrant community with a mix of residents from around the world
Whether you are looking for a new home or an investment property, Reehan 6 offers a range of options to suit your needs. With its prime location, luxurious amenities, and modern design, it is no wonder that Reehan 6 is one of the most sought-after residential buildings in Old Town Dubai.
Overview of Reehan 6
Reehan 6 is a six-story building in the Reehan area of Old Town Dubai. Emaar Properties developed it. The building offers a range of apartments with modern amenities and facilities, from one to three bedrooms.
Location and Accessibility
Reehan 6 is in the heart of Old Town Dubai, a vibrant community offering residential and commercial properties. The building is near the iconic Burj Khalifa and Dubai Mall, making it easily accessible from Sheikh Zayed Road and Al Khail Road.
Property Types and Sizes
Reehan 6 offers a range of apartments, including one-, two-, and three-bedroom units. The apartments feature modern designs with high-quality finishes and provide stunning views of the surrounding areas.
Average Property Size and Price
The average property price in Reehan 6 varies depending on the size and type of the apartment. The price for a one-bedroom apartment is AED 1.2 million, while a two-bedroom apartment costs around AED 2.1 million.
In terms of property sizes, the average length of a one-bedroom apartment is around 900 square feet, while a two-bedroom apartment has an average length of around 1,500 square feet.
Real Estate Market Insights
Recent Sale Transactions
Reehan 6 in Old Town Dubai is a highly sought-after location for real estate investors. Recent sale transactions indicate that the average price for a 2-bedroom apartment in Reehan 6 is approximately AED 2.1 million.
Current Market Conditions
The real estate market in Dubai is experiencing a period of stability. According to a recent report by Propsearch.ae, the market is recovering after a period of decline. The report notes that the number of transactions has increased by 15% quarterly and 65% annually, indicating that investor confidence in the city remains high.
Investment Opportunities
Investors looking for opportunities in Reehan 6 can expect to find many properties available. The area is known for its luxury apartments and stunning views of the surrounding area.
Some of the investment opportunities available in Reehan 6 include:
- Luxury apartments with high-end finishes and amenities
- Properties with stunning views of the surrounding area
Residential Properties
Properties for Sale
Reehan 6 in Old Town Dubai offers a range of residential properties for sale. These properties include apartments with a variety of sizes and layouts. The prices of apartments for sale in Reehan 6 vary depending on the property’s size, condition, and location. Interested buyers can find detailed information about each property, including floor plans and mortgage details, on Bayut.com.
Apartments for Rent
Those looking to rent an apartment in Reehan 6 have several options available. Interested renters can find detailed information about each property, including floor plans and rental prices, on Bayut.com.
Property Conditions and Types
Reehan 6 offers a range of residential property types: studio, 1-, 2-, 3-, and 4-bedroom apartments. The condition of each unit varies depending on its age and maintenance. Interested buyers and renters can find detailed information about the condition and type of each property on Property Finder and Bayut.com.
Reehan 6 offers a range of residential properties for sale and rent, including apartments of various sizes and layouts. Interested buyers and renters can find detailed information about each property, including floor plans and mortgage or rental details, on Bayut.com and Property Finder.
Pricing and Costs
Sale Prices
Reehan 6, Old Town Dubai, offers a range of apartments for sale at varying prices. The asking price for a flat in Reehan 6 is around AED 2,481,754. However, the sale prices may vary depending on the property size, type, condition, and other factors. Some properties in Reehan 6 are listed for AED 1,698,000, while others can cost up to AED 2,200,000.
Rental Prices
Reehan 6 also offers apartments for rent, with an average rent of AED 123,131. The apartments for rent in Reehan 6 are 2% bigger than the average size of one-bedroom apartments in Old Town, which is 924 sqft.
Some additional information about the pricing and costs in Reehan 6 are:
- The listed sale prices of real estate in Reehan 6 have changed by -11% in the past six months, which can be attributed to changing market conditions [1].
- The cost of a flat for sale in Reehan 6 has an average asking price of around AED 2,481,754 [1].
- This property costs 14% more than the average price of 1-bedroom apartments in Old Town [2].
Reehan 6 offers a range of properties for sale and rent, with varying prices depending on the property’s size, type, and condition. The average asking price for a flat for sale in Reehan 6 is AED 2,481,754, while the average rent is AED 123,131.
Amenities and Lifestyle
Reehan 6 offers a range of amenities and lifestyle options that cater to the needs of its residents. This section will explore the local amenities, nearby attractions, and facilities that make Reehan 6 an ideal place to call home.
Local Amenities
Reehan 6 is in Downtown Dubai, a vibrant and bustling neighborhood offering many amenities. Some of the local amenities available to residents of Reehan 6 include:
- Spacious apartments with modern finishes and high-quality appliances
- A well-equipped gymnasium for residents who enjoy working out
- A refreshing swimming pool for individuals who enjoy water-based exercise
- A dedicated children’s play area within the premises
- Concierge services that assist with relocation and settlement services
Nearby Attractions and Facilities
Reehan 6 is near some of Dubai’s most popular attractions and facilities. Some of the nearby attractions and facilities that residents of Reehan 6 can enjoy include:
- Dubai Mall.
- Burj Khalifa Park, which is a great place to relax and enjoy the outdoors.
- The Dubai Fountain, which is a popular attraction that features a stunning water and light show.
- The Dubai Opera.
Overall, Reehan 6 offers a luxurious and convenient lifestyle that is perfect for individuals and families who want to live in the heart of Dubai. With its spacious apartments, modern amenities, and proximity to some of Dubai’s most popular attractions, Reehan 6 is an ideal place to call home.
Educational Institutions
Reehan 6 is ideal for families with children, as several educational institutions are nearby. This section will provide information on the schools and nurseries in the area.
Schools and Nurseries
- JSS Private School: Located in Al Wasl, this school offers a CBSE curriculum and classes from KG1 to Grade 12. Its focus is on academic excellence and provides a wide range of extracurricular activities.
- GEMS Wellington Primary School: This school is located in Jumeirah and offers a British curriculum for children from FS1 to Year 6. The school strongly focuses on developing well-rounded individuals and provides a variety of extracurricular activities.
- GEMS Our Own Indian School: Located in Al Quoz, this school offers a CBSE curriculum and classes from KG1 to Grade 12. It focuses on academic excellence and offers various extracurricular activities.
- Jumeirah International Nurseries: This nursery has several locations in Dubai, including one in Jumeirah. It offers a British curriculum for children aged 6 months to 4 years and focuses on developing children’s social and emotional skills in addition to their academic abilities.
- Blossom Nursery: Located in Al Safa, this nursery offers a British curriculum for children aged six months to 4 years.
- Toddler Town British Nursery: This nursery is located in Al Wasl and offers a British curriculum for children aged six months to four years. It focuses on providing children with a safe and stimulating environment to develop their physical, social, and emotional skills.
Parents looking for educational institutions in the Reehan 6 area have several options. Several options are available, whether they are looking for a school that offers a British or CBSE curriculum or a nursery that focuses on social and emotional development.
Regulatory and Legal Aspects
Regulatory Information
Reehan 6 is a sub-community located within The Old Town, Dubai. The development is governed by the Real Estate Regulatory Agency (RERA). It adheres to the regulatory framework set by the Dubai Land Department (DLD), which regulates and registers real estate transactions in Dubai.
Reehan 6 is a freehold development, meaning non-UAE nationals can purchase property in the community. However, foreign investors must obtain a residency visa, which the Dubai Immigration Department issues and is valid for three years.
Owners of property in Reehan 6 are required to pay service charges for the maintenance and upkeep of common areas and facilities. The Owners’ Association (OA) collects the service charges and is responsible for managing the community and ensuring that it is maintained to a high standard.
The OA is elected by the property owners in Reehan 6 and is responsible for setting the service charges, managing the budget, and ensuring that the community complies with all regulatory requirements.
Comparative Analysis
Similar Properties Comparison
Reehan 6 is a popular residential complex located in Old Town, Dubai. As a potential buyer or investor, it is essential to compare Reehan 6 with similar properties in the area to make an informed decision. Here is a comparative analysis of Reehan 6 with similar properties:
- Yansoon: Yansoon is another popular residential complex in Old Town, Dubai. Reehan 6 and Yansoon offer similar amenities, including a swimming pool, gym, and 24-hour security. However, Reehan 6 is newer and more modern than Yansoon, built in 2007. The average price per square foot in Reehan 6 is AED 1,600, while Yansoon is slightly cheaper at AED 1,500 per square foot.
- Zaafaran: Zaafaran is a luxury residential complex in Old Town, Dubai. While Reehan 6 and Zaafaran offer similar amenities, including a gym, swimming pool, and 24-hour security, Zaafaran is more expensive due to its luxury. The average price per square foot in Zaafaran is AED 2,500, while Reehan 6 is more affordable at AED 1,600 per square foot.
- Miska: Miska is a residential complex located in Old Town, Dubai. In terms of amenities and price, Miska is similar to Reehan 6. The average price per square foot in Miska is AED 1,600, the same as Reehan 6. However, Miska is slightly older than Reehan 6, built in 2010.
According to Dataguru, a real estate data and analytics platform, the average price per square foot in Old Town, Dubai, is AED 1,800. Reehan 6 is slightly more affordable than the average, making it a good investment opportunity for those looking to buy property there.
Real Estate Agencies and Services
Sales Agencies
Reehan 6 in Old Town Dubai has several reputable real estate agencies specializing in sales. White & Co Real Estate – Sales is a well-known agency with a strong reputation in the area. Homes 4 Life Real Estate is another agency specializing in Old Town Dubai sales. They have many properties available and can help buyers find the right property for their needs.
Rental Agencies
Several real estate agencies offer rental services for those renting in Reehan 6. White & Co Real Estate—Rental is a popular agency. Another agency specializing in rentals in Old Town Dubai is Homes 4 Life Real Estate. It has a large selection of rental properties available and can assist tenants in finding the perfect home. These can include property valuations, property management, and legal advice. Some agencies may also provide financing options and assistance with paperwork and contracts. Buyers and tenants should also be aware of any fees or commissions the agency may charge.
Detailed Property Descriptions
Floor Plans and Units
Reehan 6 is a residential complex located in Old Town Dubai. The complex comprises eight buildings, one of which is Reehan 6. The 1-bedroom units in Reehan 6 are spacious, with a size of around 944 sqft. The 2-bedroom units in Reehan 6 are even more spacious, with sizes ranging from 1,350 sqft to 1,550 sqft. These units have two bathrooms, a large living room, and a balcony.
The 3-bedroom units in Reehan 6 are the largest in the building, ranging from 1,900 sqft to 2,300 sqft. These units have three bathrooms, a large living room, and a balcony.
These units are located on different floors of the building and offer a variety of views. Unit 1 and Unit 7 are on the ground floor, while Unit 2, Unit 5, Unit 6, and Unit 11 are on higher floors. They are perfect for families or those who require more space.
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Frequently Asked Questions
What is the rental price for an apartment in Reehan 6, Old Town Dubai?
The rental price for an apartment in Reehan 6, Old Town Dubai, in the last 12 months was AED 130,000 per year.
How does the sale price of apartments in Reehan 6 compare to other areas in Old Town Dubai?
The sale price of apartments in Reehan 6, Old Town Dubai, is considered competitive compared to other areas in Old Town Dubai. The starting price for properties in Reehan is AED 1,698,888.
Where exactly is Reehan 6 located within Old Town Dubai?
Reehan 6 is in Old Town Dubai, a community developed by Emaar Properties. It is near the iconic Burj Khalifa and Dubai Mall.
Are there any apartments for sale in Reehan 6, and what are their price ranges?
Several apartments are currently being sold in Reehan 6, Old Town Dubai. The range for these apartments depend on the size and type of the unit. Interested buyers must contact a reputable real estate agent for the latest information on available properties.
Can you provide information on the available amenities in Reehan 6, Old Town Dubai?
Reehan 6, Old Town Dubai, offers a range of amenities for residents to enjoy, including a swimming pool, a gymnasium, a children’s play area, and 24-hour security. The community also features beautifully landscaped gardens.
What types of apartments are available for rent in Reehan 6, Old Town Dubai?
Reehan 6, Old Town Dubai, offers a variety of apartments for rent, including one, two, and three-bedroom units. These apartments feature modern amenities, spacious layouts, and stunning views of the surrounding area. Interested renters must contact a reputable real estate agent for the latest information on available properties.
