1404, Reef Residence
Sold prices and rental history: sold 3 times, last in September 2026, 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 1404, Reef Residence
What is 1404 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,537 sqft
- Floor
- 14th of 36
- Parking
- P3-90
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 21,800 /yr
- Last sold
- AED 1.64M · September 2026
- Building
- Reef Residence
About 1404, Reef Residence
1404 is a two-bedroom apartment of 1,537 sqft on the 14th 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 1 September 2026 for AED 1,635,000, or AED 1,063 per sqft, 8% above the AED 986 two-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 21 June 2023, is AED 90,000 a year: a gross yield of 5.5% on the 2026 price, before the service charge of about AED 21,800 a year.
Sales and rents for 1404 over time
1404 has sold 3 times; 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 1404 sits
All 65 2-beds →1404 last sold in September 2026 at AED 1,063 per sqft, 8% above what two-beds in Reef Residence were fetching at the time (AED 986). 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. 1404's AED 90,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 1 Jun 20261 June 2026 | 1,481 sqft | 1,350,000 | 911 |
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 52K /yr
- Typical yield
- 8.3%
Other units on the 14th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | Studio | 520 sqft | AED 500KAED 500,000 · Oct 2025October 2025 | 46,000 /yr | |
| 1402 | Studio | 529 sqft | AED 500KAED 500,000 · Oct 2025October 2025 | 53,000 /yr | |
| 1403 | 1-bed | 886 sqft | AED 662KAED 661,500 · May 2016May 2016 | 65,000 /yr | |
| 1405 | 1-bed | 925 sqft | AED 760KAED 760,000 · Jun 2017June 2017 | ||
| 1406 | Studio | 503 sqft | AED 520KAED 520,000 · Mar 2017March 2017 | 48,000 /yr | |
| 1407 | Studio | 514 sqft | AED 400KAED 400,000 · Sep 2023September 2023 | 42,000 /yr | |
| 1408 | Studio | 467 sqft | AED 330KAED 330,000 · Sep 2020September 2020 | 43,500 /yr | |
| 1409 | 1-bed | 826 sqft | AED 628KAED 627,750 · May 2016May 2016 | 70,000 /yr | |
| 1410 | 2-bed | 1,481 sqft | AED 1.4MAED 1,400,000 · Aug 2024August 2024 | 85,000 /yr | |
| 1411 | 1-bed | 798 sqft | AED 602KAED 602,250 · May 2016May 2016 | 70,000 /yr | |
| 1412 | Studio | 515 sqft | AED 500KAED 500,000 · Aug 2017August 2017 | 39,715 /yr |
1404, Reef Residence in numbers
- Sold 3 times: first on 23 February 2017 for AED 1,277,509, last on 1 September 2026 for AED 1,635,000 (AED 1,063 per sqft).
- Rented since April 2018 on 5 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2021 and recovered to AED 90,000 by June 2023.
- At AED 90,000 a year the gross yield on the 2026 price is 5.5%, 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 1 September 2026.
Questions about 1404, Reef Residence
What did unit 1404 last sell for?
AED 1,635,000 on 1 September 2026: AED 1,063 per sqft for 1,537 sqft. The unit has 3 registered sales; the first was AED 1,277,509 in February 2017.
What is the rent for unit 1404?
AED 90,000 a year on the contract signed on 21 June 2023. The previous contract, from June 2021, was AED 70,000; the unit has been rented since April 2018.
How big is unit 1404?
1,537 sqft (142.8 sqm): a two-bedroom apartment on the 14th floor of a 36-storey tower completed in 2017.
What is unit 1404 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 1404, Reef Residence
Starts from the last sale price (AED 1.64M, 1 September 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,635,000
- Deposit, UAE resident (20%)
- AED 327,000
- Deposit, non-resident (40%)
- AED 654,000
- Monthly over 25 years at 3.7%
- AED 6,689
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →