PropertyIndex

Old Town

2,363 units · 39 buildings

Old Town is a community in Downtown Dubai, comprising 2,363 registered units. 3,974 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,246 per sqft. At AED 2,246 per sqft, Old Town prices 35% below the Downtown Dubai median of AED 3,476 per sqft on registered sales.

PIX© price · 3.1% YoY
3.42MAED
Typical
2,246AED
PSF
Gross yield
5.0%
PIX© rent ÷ PIX© price
Sale records
3,974
DLD · all time
Rent contracts
13,456
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Building
Floor
Units on floor 8

2 Bed on Floor 8, Reehan 7

Size
Record
Mar 2012 to Feb 2026
Owners
8
Tenants
5
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
8Owner 810 Feb 20267 mo
Current owner
7Owner 711 Nov 20223.2 yrs
6Owner 65 Jan 202210 mo
Sold with tenant in place
5Owner 58 Nov 20212 mo
Transferred without a registered sale
Sold with tenant in place
5Tenant 517 Nov 202014 mo
Renewal
Owner 4
5Tenant 517 Nov 201912 mo
Renewal
Owner 4
5Tenant 517 Nov 201812 mo
Renewal
Owner 4
5Tenant 517 Nov 201712 mo
Owner 4
4Tenant 422 Jul 201612 mo
Owner 4
3Tenant 35 Jun 201512 mo
Owner 4
4Owner 419 Aug 20147.2 yrs
Sold with tenant in place
2Tenant 222 Aug 201312 mo
Owner 3
3Owner 312 Dec 201220 mo
Sold with tenant in place
1Tenant 111 Jul 201212 mo
Owner 2
2Owner 225 Mar 20129 mo
1Owner 125 Mar 2012
PIX© Airbnb Calculator

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2 Bed · Floor 8 · Reehan 7
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Old Town

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
64 - 4,984 sqft
2,3633.42M2,2463.1%172K5.0%
Residential
Studio · Apartment
605 - 701 sqft
4---
1 Bed · Apartment
725 - 2,441 sqft
943
2 Bed · Apartment
1,052 - 3,491 sqft
817
3 Bed · Apartment
1,755 - 4,984 sqft
178
4 Bed · Apartment
3,106 - 3,453 sqft
12---
Commercial
Office
2,139 - 4,190 sqft
6-
Shop
199 - 1,151 sqft
180----
Warehouse
64 - 377 sqft
223-----
Sales - Project-Wide3,974 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
9 Sep 20262 BedReehan 1 · Floor 51,4053,350,0002,384+42.6%StandardStandard Sale
8 Sep 20262 BedYansoon 5 · Floor 41,2103,050,0002,521-StandardStandard Sale
7 Sep 20261 BedZanzebeel 1 · Floor 29652,400,0002,487+14.3%StandardStandard Sale
Rentals - Project-Wide13,456 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
25 Jun 20272 BedReehan 6 · Floor 11,281209,426163-StandardCERTIFICATE
17 Oct 20261 BedYansoon 9 · Floor 21,048110,000105-StandardCONTRACT
1 Oct 20261 BedMiska 5 · Floor 21,107101,70692-Entry LevelCONTRACT

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Common questions about Old Town

Answered from Dubai Land Department registered transactions.

How much does a property in Old Town cost?

Property in Old Town sells at a current PIX© price of AED 2,246 per sqft, or about AED 3,421,794 for a typical unit, based on 3,974 sales registered with the Dubai Land Department.

What is the rental yield in Old Town?

Old Town yields 5.0% gross, calculated from current PIX© rent against current PIX© sale price, across 13,456 registered Ejari contracts.

How many units are in Old Town?

Old Town holds 2,363 registered units, per the Dubai Land Department unit register.

Have prices in Old Town gone up or down?

Price per sqft has fallen -3.1% over the last 12 months, to AED 2,246, across 3,974 registered sales.