1009, Reef Residence
Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1009, Reef Residence
What is 1009 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 13 July 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 10th of 36
- Parking
- P2-60
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 11,700 /yr
- Last sold
- AED 715K · July 2023
- Building
- Reef Residence
About 1009, Reef Residence
1009 is a one-bedroom apartment of 826 sqft on the 10th floor of Reef Residence, a 36-storey tower in Jumeirah Village Circle (JVC) completed in 2017 by Sama Alkhaleej Real Estate Development Co. It last sold on 13 July 2023 for AED 715,000, or AED 866 per sqft, 23% above the AED 702 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 52,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 11,700 a year.
Sales and rents for 1009 over time
1009 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Reef Residence, and where 1009 sits
All 127 1-beds →1009 last sold in July 2023 at AED 866 per sqft, 23% above what one-beds in Reef Residence were fetching at the time (AED 702). Over the last 12 months one-beds sold for AED 810,000 to 995,000, around AED 993 per sqft, and rent for AED 40,000 to 82,500 a year. 1009's AED 52,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 886 sqft | 840,000 | 948 | ||
| 16 Jul 202616 July 2026 | 886 sqft | 26,488 | 29 | ||
| 8 Jul 20268 July 2026 | 826 sqft | 995,000 | 1,205 | ||
| 15 May 202615 May 2026 | 798 sqft | 810,000 | 1,015 |
Reef Residence
Building378 apartments, studios to 2-bed over 36 floors in Jumeirah Village Circle (JVC), completed in 2017 by Sama Alkhaleej Real Estate Development Co. 22 sold in the last 12 months.
- Typical price per sqft
- AED 1,023 Down 1.7%
- Typical sale
- AED 870K
- Typical rent
- AED 53K /yr
- Typical yield
- 8.3%
Other units on the 10th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | Studio | 520 sqft | AED 524KAED 524,190 · Jun 2016June 2016 | 48,000 /yr | |
| 1002 | Studio | 529 sqft | AED 400KAED 400,000 · Jun 2020June 2020 | 48,000 /yr | |
| 1003 | 1-bed | 886 sqft | AED 794KAED 793,800 · Aug 2015August 2015 | 75,000 /yr | |
| 1004 | 2-bed | 1,537 sqft | AED 1.29MAED 1,290,240 · Jun 2017June 2017 | ||
| 1005 | 1-bed | 925 sqft | AED 695KAED 694,500 · May 2016May 2016 | 72,000 /yr | |
| 1006 | Studio | 503 sqft | AED 482KAED 481,920 · May 2016May 2016 | 25,000 /yr | |
| 1007 | Studio | 514 sqft | AED 475KAED 475,000 · Feb 2024February 2024 | 31,500 /yr | |
| 1008 | Studio | 467 sqft | AED 435KAED 435,000 · Jul 2018July 2018 | 41,000 /yr | |
| 1010 | 2-bed | 1,481 sqft | AED 1.3MAED 1,297,569 · Apr 2016April 2016 | 120,000 /yr | |
| 1011 | 1-bed | 798 sqft | AED 771KAED 770,880 · Mar 2016March 2016 | 70,000 /yr | |
| 1012 | Studio | 515 sqft | AED 519KAED 519,140 · Oct 2015October 2015 | 44,000 /yr |
1009, Reef Residence in numbers
- Sold twice: first on 17 July 2016 for AED 761,670, last on 13 July 2023 for AED 715,000 (AED 866 per sqft).
- Rented since January 2018 on 6 Ejari contracts. The rent fell from AED 61,000 to AED 40,000 in 2021 and recovered to AED 52,000 by February 2023.
- At AED 52,000 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 11,700 a year (AED 14.20 per sqft).
- One-beds in Reef Residence sold for AED 810,000–995,000 in the 12 months to November 2026; the building's median across all types is AED 1,023 per sqft.
Source: Dubai Land Department. Updated 13 July 2023.
Questions about 1009, Reef Residence
What did unit 1009 last sell for?
AED 715,000 on 13 July 2023: AED 866 per sqft for 826 sqft. The unit has 2 registered sales; the first was AED 761,670 in July 2016.
What is the rent for unit 1009?
AED 52,000 a year on the contract renewed on 1 February 2023. The previous contract, from February 2022, was AED 43,000; the unit has been rented since January 2018.
How big is unit 1009?
826 sqft (76.7 sqm): a one-bedroom apartment on the 10th floor of a 36-storey tower completed in 2017.
What is unit 1009 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Reef Residence sold for AED 810,000 to 995,000 in the last 12 months, around AED 993 per sqft.
Selling 1009? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1009, Reef Residence
Starts from the last sale price (AED 715K, 13 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 715,000
- Deposit, UAE resident (20%)
- AED 143,000
- Deposit, non-resident (40%)
- AED 286,000
- Monthly over 25 years at 3.7%
- AED 2,925
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →