1205, Reef Residence
Sold prices and rental history: sold twice, last in March 2025, 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 1205, Reef Residence
What is 1205 worth today?
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Source: Dubai Land Department. Updated 24 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 925 sqft
- Floor
- 12th of 36
- Parking
- P2-67
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 13,100 /yr
- Last sold
- AED 850K · March 2025
- Building
- Reef Residence
About 1205, Reef Residence
1205 is a one-bedroom apartment of 925 sqft on the 12th 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 24 March 2025 for AED 850,000, or AED 918 per sqft, in line with the AED 923 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 23 November 2022, is AED 56,000 a year: a gross yield of 6.6% on the 2025 price, before the service charge of about AED 13,100 a year.
Sales and rents for 1205 over time
1205 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 1205 sits
All 127 1-beds →1205 last sold in March 2025 at AED 918 per sqft, in line with what one-beds in Reef Residence were fetching at the time (AED 923). 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. 1205's AED 56,000 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 12th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | Studio | 520 sqft | AED 550KAED 550,000 · Sep 2024September 2024 | 66,000 /yr | |
| 1202 | Studio | 529 sqft | AED 350KAED 350,000 · Sep 2021September 2021 | 50,000 /yr | |
| 1203 | 1-bed | 886 sqft | AED 662KAED 661,500 · May 2016May 2016 | 68,000 /yr | |
| 1204 | 2-bed | 1,537 sqft | AED 1.45MAED 1,450,000 · Oct 2024October 2024 | ||
| 1206 | Studio | 503 sqft | AED 492KAED 491,960 · Sep 2017September 2017 | 42,000 /yr | |
| 1207 | Studio | 514 sqft | AED 410KAED 410,000 · Oct 2022October 2022 | 50,400 /yr | |
| 1208 | Studio | 467 sqft | AED 473KAED 472,680 · Mar 2016March 2016 | 44,000 /yr | |
| 1209 | 1-bed | 826 sqft | AED 628KAED 627,750 · May 2016May 2016 | 68,000 /yr | |
| 1210 | 2-bed | 1,481 sqft | AED 1.3MAED 1,300,000 · Mar 2024March 2024 | 125,000 /yr | |
| 1211 | 1-bed | 798 sqft | AED 602KAED 602,250 · May 2016May 2016 | 63,000 /yr | |
| 1212 | Studio | 515 sqft | AED 529KAED 529,420 · Mar 2016March 2016 | 45,000 /yr |
1205, Reef Residence in numbers
- Sold twice: first on 12 May 2016 for AED 694,500, last on 24 March 2025 for AED 850,000 (AED 918 per sqft).
- Rented since June 2018 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 38,000 in 2020 and recovered to AED 56,000 by November 2022.
- At AED 56,000 a year the gross yield on the 2025 price is 6.6%, before a service charge of about AED 13,100 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 24 March 2025.
Questions about 1205, Reef Residence
What did unit 1205 last sell for?
AED 850,000 on 24 March 2025: AED 918 per sqft for 925 sqft. The unit has 2 registered sales; the first was AED 694,500 in May 2016.
What is the rent for unit 1205?
AED 56,000 a year on the contract signed on 23 November 2022. The previous contract, from November 2020, was AED 38,000; the unit has been rented since June 2018.
How big is unit 1205?
925 sqft (85.9 sqm): a one-bedroom apartment on the 12th floor of a 36-storey tower completed in 2017.
What is unit 1205 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 1205, Reef Residence
Starts from the last sale price (AED 850K, 24 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →