Apartments for rent in Reehan

Known by the locals as ‘The Original Dubai’, Old Town properties are based along the famous Sheikh Zayed Road and they stretch down to the newer parts of Dubai. The residential community is best known for its cultural and historical importance because of the way it presents Arab culture. Walking through Old Town, you’ll be able to witness traditional artistry and be surrounded by coral and gypsum buildings. The walkways are shaded and surrounded by an open traditional souq that further opens into a central court decorated with domes, arches, markets, malls and public spaces.

Types of Apartments in Reehan

Amongst the several sub-communities of Old Town, Reehan is one of the most popular ones as it spreads out from Reehan 1 to Reehan 8. The complex is a collection of low-rise to mid-rise buildings that have luxury residential units available for rent and sale. The apartments are available with 1 and 2 bedrooms along with a study and a spacious living room. 1-bedroom apartments in Reehan offer floor spaces that range that range between 825 sq. ft. and go up till 1,000 sq. ft. This makes these residential units around 28% bigger than the rest in Old Town. The area allotted to 2-bedroom units for rent starts from 1,200 sq. ft. and goes up to 1,800 sq. ft.

Rent Price Trend for Apartments in Reehan

Some of the apartments in Reehan have 2 or 3 bathrooms while some of them are furnished like the ones from the PH Real Estate. Other attractions of these units are fully-fitted kitchens, access to a shared pool and an amazing view of the Burj Khalifa. All this is available in a 2-BHK in Reehan at a yearly rent range that starts from around AED 130,000 and goes up to AED 180,000. The rent evolution shows a decline of about 8% that makes the current average figure to be AED 143,000. For single-bedroom apartments, the rent evolution graph is also down by 9.52% because of which the average value as of October 2018 is AED 100,000. Even with the decline, these properties are almost 15% more costly than others in the community.

Highlights of Reehan

There are many basic as well as recreational facilities located near Reehan which include the incredible Fitness First Al Manzil Platinum. You’ll be delighted to know that diversified institutes such as Heart of Dance and Dance Studio Dubai are also in close proximity. Being close to Downtown Dubai, it is inevitable to have high-quality restaurants nearby and the ones near Reehan are Starbucks, Nezesaussi Grill Downtown Dubai, Mamak, Downtown and Conservatory Restaurant Al Manzil Hotel. If you want to experience something extraordinary then don’t miss out the chance to see Dubai Dancing Fountains that are near Old Town along with the famous locality, Al Satwa.