1108, Reef Residence
Sold prices and rental history: sold once, by the developer in March 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1108, Reef Residence
What is 1108 worth today?
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Source: Dubai Land Department. Updated 20 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 467 sqft
- Floor
- 11th of 36
- Parking
- P3-42
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 6,600 /yr
- Last sold
- AED 456K · March 2016
- Building
- Reef Residence
About 1108, Reef Residence
1108 is a studio of 467 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 23 March 2016 for AED 455,500, or AED 974 per sqft, 4% above the AED 941 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 20 November 2025, is AED 43,000 a year: a gross yield of 9.4% on the 2016 price, before the service charge of about AED 6,600 a year.
Sales and rents for 1108 over time
1108 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 1108 sits
All 186 studios →1108 last sold in March 2016 at AED 974 per sqft, 4% above what studios in Reef Residence were fetching at the time (AED 941). 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. 1108's AED 43,000 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 | |||||
|---|---|---|---|---|---|
| 1101 | Studio | 520 sqft | AED 540KAED 539,968 · Sep 2016September 2016 | 40,000 /yr | |
| 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 | |
| 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 |
1108, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 23 March 2016 for AED 455,500, or AED 974 per sqft.
- Rented since April 2019 on 6 Ejari contracts. The rent fell from AED 35,000 to AED 24,000 in 2021 and recovered to AED 43,000 by November 2025.
- At AED 43,000 a year the gross yield on the 2016 price is 9.4%, before a service charge of about AED 6,600 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 20 November 2025.
Questions about 1108, Reef Residence
What did unit 1108 last sell for?
AED 455,500 on 23 March 2016, sold by the developer: AED 974 per sqft for 467 sqft. It is the only registered sale of the unit.
What is the rent for unit 1108?
AED 43,000 a year on the contract renewed on 20 November 2025. The previous contract, from November 2024, was AED 43,000; the unit has been rented since April 2019.
How big is unit 1108?
467 sqft (43.4 sqm): a studio on the 11th floor of a 36-storey tower completed in 2017.
What is unit 1108 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 1108, Reef Residence
Starts from the last sale price (AED 456K, 23 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 455,500
- Deposit, UAE resident (20%)
- AED 91,100
- Deposit, non-resident (40%)
- AED 182,200
- Monthly over 25 years at 3.7%
- AED 1,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →