1101, Reef Residence
Sold prices and rental history: sold once, by the developer in September 2016, 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 1101, Reef Residence
What is 1101 worth today?
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Source: Dubai Land Department. Updated 29 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 520 sqft
- Floor
- 11th of 36
- Parking
- P3-38
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,400 /yr
- Last sold
- AED 540K · September 2016
- Building
- Reef Residence
About 1101, Reef Residence
1101 is a studio of 520 sqft on the 11th 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 25 September 2016 for AED 539,968, or AED 1,038 per sqft, 5% above the AED 991 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 29 September 2026, is AED 40,000 a year: a gross yield of 7.4% on the 2016 price, before the service charge of about AED 7,400 a year.
Sales and rents for 1101 over time
1101 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Reef Residence, and where 1101 sits
All 186 studios →1101 last sold in September 2016 at AED 1,038 per sqft, 5% above what studios in Reef Residence were fetching at the time (AED 991). Over the last 12 months studios sold for AED 515,000 to 595,000, around AED 1,040 per sqft, and rent for AED 30,000 to 75,600 a year. 1101's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 503 sqft | 515,000 | 1,024 | ||
| 9 Jul 20269 July 2026 | 520 sqft | 540,000 | 1,038 | ||
| 23 Jun 202623 June 2026 | 514 sqft | 525,000 | 1,021 | ||
| 14 May 202614 May 2026 | 467 sqft | 540,000 | 1,155 |
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 11th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1102 | Studio | 529 sqft | AED 460KAED 460,000 · Oct 2023October 2023 | 31,000 /yr | |
| 1103 | 1-bed | 886 sqft | AED 662KAED 661,500 · May 2016May 2016 | 70,000 /yr | |
| 1104 | 2-bed | 1,537 sqft | AED 1.25MAED 1,250,000 · Aug 2023August 2023 | 120,000 /yr | |
| 1105 | 1-bed | 925 sqft | AED 695KAED 694,500 · May 2016May 2016 | 72,000 /yr | |
| 1106 | Studio | 503 sqft | AED 533KAED 532,500 · Feb 2018February 2018 | 34,000 /yr | |
| 1107 | Studio | 514 sqft | AED 535KAED 534,767 · Jul 2016July 2016 | 36,000 /yr | |
| 1108 | Studio | 467 sqft | AED 456KAED 455,500 · Mar 2016March 2016 | 43,000 /yr | |
| 1109 | 1-bed | 826 sqft | AED 697KAED 696,652 · May 2016May 2016 | 78,750 /yr | |
| 1110 | 2-bed | 1,481 sqft | AED 1.35MAED 1,350,000 · May 2024May 2024 | 153,000 /yr | |
| 1111 | 1-bed | 798 sqft | AED 602KAED 602,250 · May 2016May 2016 | 72,500 /yr | |
| 1112 | Studio | 515 sqft | AED 399KAED 399,000 · Nov 2023November 2023 | 40,000 /yr |
1101, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 25 September 2016 for AED 539,968, or AED 1,038 per sqft.
- Rented since January 2018 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 23,000 in 2021 and recovered to AED 40,000 by September 2026.
- At AED 40,000 a year the gross yield on the 2016 price is 7.4%, before a service charge of about AED 7,400 a year (AED 14.20 per sqft).
- Studios in Reef Residence sold for AED 515,000–595,000 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 29 September 2026.
Questions about 1101, Reef Residence
What did unit 1101 last sell for?
AED 539,968 on 25 September 2016, sold by the developer: AED 1,038 per sqft for 520 sqft. It is the only registered sale of the unit.
What is the rent for unit 1101?
AED 40,000 a year on the contract signed on 29 September 2026. The previous contract, from July 2025, was AED 41,000; the unit has been rented since January 2018.
How big is unit 1101?
520 sqft (48.3 sqm): a studio on the 11th floor of a 36-storey tower completed in 2017.
What is unit 1101 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Reef Residence sold for AED 515,000 to 595,000 in the last 12 months, around AED 1,040 per sqft.
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Mortgage on 1101, Reef Residence
Starts from the last sale price (AED 540K, 25 September 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 539,968
- Deposit, UAE resident (20%)
- AED 107,994
- Deposit, non-resident (40%)
- AED 215,987
- Monthly over 25 years at 3.7%
- AED 2,209
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →