1111, Reef Residence
Sold prices and rental history: sold once, by the developer in May 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 1111, Reef Residence
What is 1111 worth today?
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Source: Dubai Land Department. Updated 9 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 798 sqft
- Floor
- 11th of 36
- Parking
- P2-65
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 11,300 /yr
- Last sold
- AED 602K · May 2016
- Building
- Reef Residence
About 1111, Reef Residence
1111 is a one-bedroom apartment of 798 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 12 May 2016 for AED 602,250, or AED 754 per sqft, 6% below the AED 806 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 9 October 2025, is AED 72,500 a year: a gross yield of 12.0% on the 2016 price, before the service charge of about AED 11,300 a year.
Sales and rents for 1111 over time
1111 has sold once; 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 1111 sits
All 127 1-beds →1111 last sold in May 2016 at AED 754 per sqft, 6% below what one-beds in Reef Residence were fetching at the time (AED 806). 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. 1111's AED 72,500 is in the upper 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 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 | |
| 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 | |
| 1112 | Studio | 515 sqft | AED 399KAED 399,000 · Nov 2023November 2023 | 40,000 /yr |
1111, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 12 May 2016 for AED 602,250, or AED 754 per sqft.
- Rented since August 2018 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 43,000 in 2020 and recovered to AED 72,500 by October 2025.
- At AED 72,500 a year the gross yield on the 2016 price is 12.0%, before a service charge of about AED 11,300 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 9 October 2025.
Questions about 1111, Reef Residence
What did unit 1111 last sell for?
AED 602,250 on 12 May 2016, sold by the developer: AED 754 per sqft for 798 sqft. It is the only registered sale of the unit.
What is the rent for unit 1111?
AED 72,500 a year on the contract signed on 9 October 2025. The previous contract, from May 2023, was AED 60,000; the unit has been rented since August 2018.
How big is unit 1111?
798 sqft (74.1 sqm): a one-bedroom apartment on the 11th floor of a 36-storey tower completed in 2017.
What is unit 1111 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.
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Mortgage on 1111, Reef Residence
Starts from the last sale price (AED 602K, 12 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 602,250
- Deposit, UAE resident (20%)
- AED 120,450
- Deposit, non-resident (40%)
- AED 240,900
- Monthly over 25 years at 3.7%
- AED 2,464
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →