Reehan 4, Downtown Dubai
Reehan 4 is a four-storey residential building in the Reehan cluster of Old Town, the Arabian-style district Emaar Properties built around Burj Khalifa in Downtown Dubai. It holds 47 freehold apartments, mostly one-bedroom units plus a smaller number of larger units per floor, on Al Asayel Street, close to Burj Khalifa, Dubai Opera and The Dubai Mall. Royale Stays manages the setup, pricing and guest side of running a short-term rental in the building for a fee from 15%.
Storeys
4 (+2 basement levels)
Developer
Emaar Properties
Completed
Old Town masterplan, around 2006
Units
47 (1 & 2-bedroom apartments)
Area
Reehan, Old Town, Downtown Dubai
About Reehan 4
Reehan 4 is one of eight numbered buildings in the Reehan cluster, part of Old Town, the Arabian-style sub-community Emaar Properties built around Burj Khalifa in Downtown Dubai. It is a four-storey building with two basement parking levels, built in the sandstone, arched-courtyard style the district is known for, on Al Asayel Street, which connects to Al Khail Road and gives easy access to Sheikh Zayed Road.
The building holds 47 freehold units, confirmed by both Bayut's building guide and Homeland's own 47-document floor-plan set. Each of Reehan 4's four floors follows the same layout: eleven one-bedroom apartments running from around 874 to 994 sq ft, plus one larger unit per floor at around 1,446 sq ft (ground floor) to 1,455 sq ft (upper floors). Ground-floor units include a private garden instead of a balcony.
Reehan 4 is part of a genuine eight-building numbered series inside Old Town's Reehan cluster: Bayut's own Nearby Buildings module lists Reehan 6, Reehan 7, Miska 2, Kamoon 2 and Burj Royale as directly neighbouring structures, and separately confirms the wider complex is "eight low to mid-rise apartment buildings." Three of those numbered siblings, Reehan 5, Reehan 7 and Reehan 8, are covered separately on this site, each with its own distinct storey count and unit mix (Reehan 7 alone runs to 9 to 10 storeys and 66 units). Bayut's own listing for Reehan 4 also markets a "rare" three-bedroom apartment type, but neither Homeland's floor-plan document set nor propsearch.ae's Dubai Land Department-tracked transaction records for this building independently confirm a distinct three-bedroom layout: the one recorded sale matching the largest available unit size (1,455 sq ft, September 2024) was logged as a two-bed under the Land Department's own room-type field. This guide describes the confirmed one and two-bedroom mix and flags the unverified third bedroom type rather than asserting it.
Location & Nearby Landmarks
Reehan 4 sits within the Reehan zone of Old Town, on Al Asayel Street, which links to Al Khail Road and gives easy access to Sheikh Zayed Road, close to Burj Khalifa, Dubai Opera and The Dubai Mall. Bayut's own Nearby Buildings module lists Reehan 6, Reehan 7, Miska 2, Kamoon 2 and Burj Royale as directly neighbouring towers in the same Reehan community.
Other numbered buildings in the same wider Old Town masterplan are covered separately on royalestays.com: Reehan 7, Miska 2 and Reehan 5 and Reehan 3, each with its own layout and unit mix. For a wider view of the area's short-term rental market, Royale Stays' Airbnb management guide for Downtown Dubai covers licensing and demand across the community.
Unit Types
Reehan 4's 47 units are split evenly across its four floors: eleven one-bedroom apartments per floor, running from around 874 to 994 sq ft, plus one larger unit per floor at around 1,446 sq ft (ground floor) to 1,455 sq ft (upper floors). Ground-floor units include a private garden instead of a balcony. Bayut's building guide separately describes two and three-bedroom configurations up to around 1,460 sq ft, though neither Homeland's floor-plan documents nor propsearch.ae's Dubai Land Department-tracked transactions for this building independently confirm a distinct three-bedroom layout beyond the largest unit size already counted above.
Amenities
Reehan 4 has a shared swimming pool and a children's play area, with basement parking (one free covered space for one and two-bedroom units, two spaces for larger units) and free visitor parking around the building. Two high-speed elevators serve the floors, and the building has 24-hour security with CCTV covering common areas. Empower supplies district cooling and electricity, and Reehan 4 is pet-friendly, per Bayut's building guide.
Transportation & Access
The nearest bus stops, South Ridge Tower and Burj Khalifa/The Hotel Palace, are around 5 and 8 minutes' walk from Reehan 4. Dubai Metro is reachable from Burj Khalifa/Dubai Mall station in about 6 minutes, Business Bay station in 8 minutes and Emirates Towers station in 9 minutes. Al Sufouh Tram Station is around 15 minutes away, with the Dubai Tram Depot station about 16 minutes by car.
Rental & Price Trends
Downtown Dubai rents held broadly stable through H1 2026, according to Bayut's Dubai Rental Market Report, which puts the area's average annual rent at AED 133,000 for a one-bedroom and AED 223,000 for a two-bedroom apartment, the two confirmed unit types at Reehan 4. Bayut's own building-specific figure puts one-bedroom rents at Reehan 4 closer to AED 80,000 to AED 125,000 a year.
On the sale side, recent Dubai Land Department-tracked transactions recorded by propsearch.ae show one-bedroom units selling for around AED 1,900,000 to AED 2,188,000 (roughly AED 1,937 to AED 2,223 per sq ft), and the one recorded sale of the building's largest unit type, at 1,455 sq ft, traded for AED 3,450,000 (about AED 2,371 per sq ft) in September 2024. Bayut's own Sale Trends estimate for the building puts one-bedroom prices at AED 1.4M to AED 2M and larger units at AED 2M to AED 2.2M, a touch below the most recent individual sales recorded above, reflecting the usual lag between chart estimates and the latest transactions. Owners weighing a specific unit's numbers can run their own scenario through Royale Stays' ROI calculator.
STR Income Potential
No STR-specific listing naming Reehan 4 by itself turned up in this review, but demand signals in the wider Reehan cluster are real: an Airbnb listing markets a unit in the neighbouring Reehan 8, and Frank Porter, an independent Dubai holiday-home operator, lists a unit in Reehan 5 on Booking.com and Agoda, both a short walk from Reehan 4. Royale Stays' own managed Downtown Dubai portfolio shows gross annual income in the region of AED 130,000 to AED 175,000 for a one-bedroom and AED 190,000 to AED 280,000 for a two-bedroom, per the Downtown Dubai Airbnb rental income data.
Because Reehan 4 is developed by Emaar rather than Vida, the site's only confirmed prohibited brand for short-term letting, there is no policy reason apartments here cannot be run as licensed holiday homes. Royale Stays runs the full operation for a fee starting from 15%, covering furnishing, photography, pricing, check-in and guest communications, with a single monthly statement covering revenue, fee, costs and net transfer. Owners ready to move forward can submit their property for a free earnings estimate.
No Royale Stays-managed unit currently exists at Reehan 4; the Reehan 8 and Reehan 5 listings referenced above are neighbouring buildings in the same Old Town cluster, not this building, and are operated independently of Royale Stays. Income context reviewed by Chris Veinbaums, DTCM-licensed operator.
Questions