Reehan 3, Downtown Dubai
Reehan 3 is a freehold residential building in the Reehan cluster of Old Town, Downtown Dubai, developed by Emaar Properties. Royale Stays manages Downtown Dubai short-term rentals for owners from a fee starting from 15%.
Developer
Emaar Properties
Storeys
5 (resolved conflict, see About)
Completed
Around 2006 (Old Town masterplan era)
Unit types
47 freehold 1, 2 & 3-bedroom apartments
About Reehan 3
Reehan 3 is one of the numbered buildings in the Reehan cluster of Old Town, the Arabian-style sub-community Emaar Properties built around Burj Khalifa in Downtown Dubai. Old Town itself spans six numbered clusters (Miska, Kamoon, Zanzebeel, Yansoon, Zaafaran and Reehan), per getproperty.ae's own community overview, with Reehan 3 forming a distinct, separately-registered project within it.
Reehan 3 has 47 freehold units across one-, two- and three-bedroom apartments, confirmed by dubricks.com's own project record and independently matched by Homeland's floor-plan document set, which lists 47 distinct floor-plan files. On floors, sources genuinely disagree: dubricks.com lists 4 floors, but zeuscapital.ae states plainly that the building is "Completed, 5 Floors," and Homeland's own floor-plan documents show a real, repeated Fourth Floor unit set alongside Ground, First, Second and Third. This guide uses 5 storeys, the reading supported by two independent sources plus the structured floor-plan evidence, rather than dubricks.com's single unsupported figure.
Completion is asserted as complete and ready today (confirmed by both dubricks.com and zeuscapital.ae), but the exact year is treated as approximate: dubricks.com's own completion field uses the same generic 01-Jan placeholder-style date format seen across the wider Old Town masterplan, and getproperty.ae's independent 2006 claim is the only building-specific corroboration found. Around 2006, Old Town masterplan era, is used rather than an independently-verified exact date.
Location & Nearby Landmarks
Reehan 3 sits within the Reehan zone of Old Town, close to Mohammed bin Rashid Boulevard, Al Ohood Street and Burj Khalifa Street, within walking distance of Burj Khalifa, The Dubai Mall, Dubai Fountain, Souk Al Bahar and Dubai Opera, per dubricks.com. The Burj Khalifa/Dubai Mall Metro Station and several RTA bus stops sit nearby, with Sheikh Zayed Road and Al Khail Road providing wider connectivity, per propertyfinder.ae. 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 3 offers one-, two- and three-bedroom apartments, confirmed by dubricks.com, getproperty.ae and zeuscapital.ae. No studio units and no confirmed four-bedroom type were found in any source, unlike the neighbouring Reehan 6, which has a distinct four-bedroom layout. Zeuscapital.ae lists example two-bedroom (2 bed, 2 bath) and three-bedroom (3 bed, 5 bath, likely a larger duplex-style layout with guest and powder rooms) unit configurations, though exact square footage was not independently confirmed across two sources for this building, so no size range is stated here.
Amenities
Temperature-controlled swimming pool, a fitness centre, children's play area, landscaped gardens and courtyards, barbecue facilities and a multipurpose community hall, confirmed across dubricks.com, propertyfinder.ae and zeuscapital.ae. The building has 24-hour security with CCTV surveillance, secure covered parking and concierge services, and generally follows Emaar's Old Town pet policy, which allows pets with certain restrictions, per propertyfinder.ae's own building FAQ. Zeuscapital.ae additionally lists a mini theatre and a squash court, though these were not independently confirmed by a second source.
Transportation & Access
The Burj Khalifa/Dubai Mall Metro Station on the Red Line and several RTA bus stops sit within walking distance, with Sheikh Zayed Road and Al Khail Road giving wider access across the city, per propertyfinder.ae. Zeuscapital.ae's own drive-time data puts Souk Al Bahar at around 1.4km (about 8 minutes by car) and Dubai International Airport at around 19.8km (about 24 minutes by car), a single-sourced estimate included here for general orientation rather than as an independently-verified figure.
Rental & Price Trends
Royale Stays has not independently verified building-specific rental or sale pricing for Reehan 3. 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, AED 223,000 for a two-bedroom and AED 362,000 for a three-bedroom apartment, the three confirmed unit types at Reehan 3, per the same figures already cited across Royale Stays' other Old Town Building Guides. Owners weighing a specific unit's numbers can run their own scenario through Royale Stays' ROI calculator.
Airbnb / Short-Term Rental Income Potential
Because Reehan 3 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 has not identified a confirmed public short-term rental listing specifically at Reehan 3 at the time of writing, so this guide does not claim an established STR track record for the building itself.
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, AED 190,000 to AED 280,000 for a two-bedroom and AED 300,000 to AED 430,000 for a three-bedroom, per the Downtown Dubai Airbnb rental income data already cited across this cluster. 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.
No Royale Stays-managed unit currently exists at Reehan 3; the Reehan 5 and Reehan 8 listings referenced elsewhere on royalestays.com 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