1304, Reef Residence
Sold prices and rental history: sold once, by the developer in February 2017, 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 1304, Reef Residence
What is 1304 worth today?
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Source: Dubai Land Department. Updated 30 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,537 sqft
- Floor
- 13th of 36
- Parking
- P2-06.P2-07
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 21,800 /yr
- Last sold
- AED 1.28M · February 2017
- Building
- Reef Residence
About 1304, Reef Residence
1304 is a two-bedroom apartment of 1,537 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. The developer sold it on 16 February 2017 for AED 1,277,785, or AED 831 per sqft, 5% above the AED 795 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 30 June 2026, is AED 125,000 a year: a gross yield of 9.8% on the 2017 price, before the service charge of about AED 21,800 a year.
Sales and rents for 1304 over time
1304 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Reef Residence, and where 1304 sits
All 65 2-beds →1304 last sold in February 2017 at AED 831 per sqft, 5% above what two-beds in Reef Residence were fetching at the time (AED 795). Over the last 12 months two-beds sold for AED 1,200,000 to 2,000,000, around AED 943 per sqft, and rent for AED 96,801 to 165,000 a year. 1304's AED 125,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 1,537 sqft | 1,635,000 | 1,063 | ||
| 23 Jul 202623 July 2026 | 1,537 sqft | 1,580,000 | 1,028 | ||
| 2 Jun 20262 June 2026 | 1,537 sqft | 1,450,000 | 943 | ||
| 1 Jun 20261 June 2026 | 1,481 sqft | 2,000,000 | 1,350 |
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 13th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | Studio | 520 sqft | AED 400KAED 400,000 · Sep 2023September 2023 | 46,000 /yr | |
| 1302 | Studio | 529 sqft | AED 520KAED 520,000 · Oct 2023October 2023 | 45,000 /yr | |
| 1303 | 1-bed | 886 sqft | AED 860KAED 860,000 · Nov 2025November 2025 | 45,000 /yr | |
| 1305 | 1-bed | 925 sqft | AED 850KAED 850,000 · Apr 2025April 2025 | 70,000 /yr | |
| 1306 | Studio | 503 sqft | AED 485KAED 485,000 · Nov 2017November 2017 | 41,000 /yr | |
| 1307 | Studio | 514 sqft | AED 540KAED 540,000 · Apr 2024April 2024 | 36,000 /yr | |
| 1308 | Studio | 467 sqft | AED 548KAED 547,500 · Feb 2025February 2025 | 45,000 /yr | |
| 1309 | 1-bed | 826 sqft | AED 705KAED 705,360 · Jun 2016June 2016 | 54,000 /yr | |
| 1310 | 2-bed | 1,481 sqft | AED 1.1MAED 1,102,500 · May 2016May 2016 | 120,000 /yr | |
| 1311 | 1-bed | 798 sqft | AED 602KAED 602,250 · May 2016May 2016 | 72,500 /yr | |
| 1312 | Studio | 515 sqft | AED 460KAED 460,000 · May 2024May 2024 | 55,000 /yr |
1304, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 16 February 2017 for AED 1,277,785, or AED 831 per sqft.
- Rented since September 2019 on 6 Ejari contracts, from AED 92,500 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2017 price is 9.8%, before a service charge of about AED 21,800 a year (AED 14.20 per sqft).
- Two-beds in Reef Residence sold for AED 1,200,000–2,000,000 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 30 June 2026.
Questions about 1304, Reef Residence
What did unit 1304 last sell for?
AED 1,277,785 on 16 February 2017, sold by the developer: AED 831 per sqft for 1,537 sqft. It is the only registered sale of the unit.
What is the rent for unit 1304?
AED 125,000 a year on the contract renewed on 30 June 2026. The previous contract, from June 2025, was AED 125,000; the unit has been rented since September 2019.
How big is unit 1304?
1,537 sqft (142.8 sqm): a two-bedroom apartment on the 13th floor of a 36-storey tower completed in 2017.
What is unit 1304 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Reef Residence sold for AED 1,200,000 to 2,000,000 in the last 12 months, around AED 943 per sqft.
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Mortgage on 1304, Reef Residence
Starts from the last sale price (AED 1.28M, 16 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,277,785
- Deposit, UAE resident (20%)
- AED 255,557
- Deposit, non-resident (40%)
- AED 511,114
- Monthly over 25 years at 3.7%
- AED 5,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →