1-bed · 886 sqftReef Residence, Jumeirah Village Circle (JVC) · 13th floor · completed 2017

1303, Reef Residence

Sold prices and rental history: sold twice, last in November 2025, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 18 November 2025
Last soldAED 860K18 November 2025
Current rentAED 45K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Reef Residence

What is 1303 worth today?

Last sold for AED 860,000 in 2025

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18 Nov 2025SoldReady
AED 860,000AED 970 per sqft
1 Jul 2022RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft
1 Jul 2021RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft
1 Jul 2019RentedNew contract
AED 53,000/yr12 months · AED 60 per sqft
12 May 2016Sold by developerOff-plan
AED 661,500AED 746 per sqft

Source: Dubai Land Department. Updated 18 November 2025.

Key facts

Type
1-bed apartment
Size
886 sqft
Floor
13th of 36
Parking
P2-70
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 12,600 /yr
Last sold
AED 860K · November 2025

About 1303, Reef Residence

1303 is a one-bedroom apartment of 886 sqft on the 13th 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 18 November 2025 for AED 860,000, or AED 970 per sqft, in line with the AED 959 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 July 2022, is AED 45,000 a year: a gross yield of 5.2% on the 2025 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, each saleTypical one-bed in Reef Residence
400K600K800K20152018202120242027Typical sale price by year: 2015 AED 727,858; 2016 AED 697,394; 2017 AED 837,517; 2018 AED 687,500; 2019 AED 675,000; 2020 AED 466,500; 2021 AED 500,000; 2022 AED 580,000; 2023 AED 700,000; 2024 AED 802,500; 2025 AED 850,000; 2026 AED 880,000Sold by developer, May 2016: AED 661,500 (AED 746 per sqft)Sold, November 2025: AED 860,000 (AED 970 per sqft)

1303 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1303, each contractTypical one-bed in Reef Residence
40K60K2018202120242027Typical rent by year: 2018 AED 60,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 45,000; 2023 AED 50,000; 2024 AED 67,818; 2025 AED 70,000; 2026 AED 70,000New contract, July 2019: AED 53,000 a yearNew contract, July 2021: AED 45,000 a yearNew contract, July 2022: AED 45,000 a year

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 1303 sits

All 127 1-beds →

1303 last sold in November 2025 at AED 970 per sqft, in line with what one-beds in Reef Residence were fetching at the time (AED 959). 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. 1303's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Sep 2026840,000
16 Jul 202626,488
8 Jul 2026995,000
15 May 2026810,000
8 1-bed sales in the last 12 months

Reef Residence

Building

378 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%
Reef Residence, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 13th floor

All 378 units in Reef Residence
Value
1301StudioAED 400K · Sep 2023
1302StudioAED 520K · Oct 2023
13042-bedAED 1.28M · Feb 2017
13051-bedAED 850K · Apr 2025
1306StudioAED 485K · Nov 2017
1307StudioAED 540K · Apr 2024
1308StudioAED 548K · Feb 2025
1–7 of 11

1303, Reef Residence in numbers

  • Sold twice: first on 12 May 2016 for AED 661,500, last on 18 November 2025 for AED 860,000 (AED 970 per sqft).
  • Rented since July 2019 on 3 Ejari contracts, from AED 53,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2025 price is 5.2%, before a service charge of about AED 12,600 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 18 November 2025.

Questions about 1303, Reef Residence

What did unit 1303 last sell for?

AED 860,000 on 18 November 2025: AED 970 per sqft for 886 sqft. The unit has 2 registered sales; the first was AED 661,500 in May 2016.

What is the rent for unit 1303?

AED 45,000 a year on the contract signed on 1 July 2022. The previous contract, from July 2021, was AED 45,000; the unit has been rented since July 2019.

How big is unit 1303?

886 sqft (82.3 sqm): a one-bedroom apartment on the 13th floor of a 36-storey tower completed in 2017.

What is unit 1303 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 1303, Reef Residence

Starts from the last sale price (AED 860K, 18 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →