1010, Reef Residence
Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1010, Reef Residence
What is 1010 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,481 sqft
- Floor
- 10th of 36
- Parking
- P3-06
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 21,000 /yr
- Last sold
- AED 1.3M · April 2016
- Building
- Reef Residence
About 1010, Reef Residence
1010 is a two-bedroom apartment of 1,481 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. The developer sold it on 14 April 2016 for AED 1,297,569, or AED 876 per sqft, 4% above the AED 844 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 January 2026, is AED 120,000 a year: a gross yield of 9.3% on the 2016 price, before the service charge of about AED 21,000 a year.
Sales and rents for 1010 over time
1010 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Reef Residence, and where 1010 sits
All 65 2-beds →1010 last sold in April 2016 at AED 876 per sqft, 4% above what two-beds in Reef Residence were fetching at the time (AED 844). Over the last 12 months two-beds sold for AED 1,200,000 to 2,000,000, around AED 943 per sqft, and rent for AED 96,801 to 165,000 a year. 1010's AED 120,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 1,537 sqft | 1,635,000 | 1,063 | ||
| 23 Jul 202623 July 2026 | 1,537 sqft | 1,580,000 | 1,028 | ||
| 2 Jun 20262 June 2026 | 1,537 sqft | 1,450,000 | 943 | ||
| 1 Jun 20261 June 2026 | 1,481 sqft | 2,000,000 | 1,350 |
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 | |
| 1009 | 1-bed | 826 sqft | AED 715KAED 715,000 · Jul 2023July 2023 | 52,000 /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 |
1010, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 14 April 2016 for AED 1,297,569, or AED 876 per sqft.
- Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 75,000 in 2020 and recovered to AED 120,000 by January 2026.
- At AED 120,000 a year the gross yield on the 2016 price is 9.3%, before a service charge of about AED 21,000 a year (AED 14.20 per sqft).
- Two-beds in Reef Residence sold for AED 1,200,000–2,000,000 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 1 January 2026.
Questions about 1010, Reef Residence
What did unit 1010 last sell for?
AED 1,297,569 on 14 April 2016, sold by the developer: AED 876 per sqft for 1,481 sqft. It is the only registered sale of the unit.
What is the rent for unit 1010?
AED 120,000 a year on the contract signed on 1 January 2026. The previous contract, from December 2023, was AED 85,000; the unit has been rented since December 2017.
How big is unit 1010?
1,481 sqft (137.6 sqm): a two-bedroom apartment on the 10th floor of a 36-storey tower completed in 2017.
What is unit 1010 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Reef Residence sold for AED 1,200,000 to 2,000,000 in the last 12 months, around AED 943 per sqft.
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Mortgage on 1010, Reef Residence
Starts from the last sale price (AED 1.3M, 14 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,297,569
- Deposit, UAE resident (20%)
- AED 259,514
- Deposit, non-resident (40%)
- AED 519,028
- Monthly over 25 years at 3.7%
- AED 5,309
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →