1-bed · 925 sqftReef Residence, Jumeirah Village Circle (JVC) · 14th floor · completed 2017

1405, Reef Residence

Sold prices and rental history: sold twice, last in June 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 12 June 2017
Last soldAED 760K12 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Reef Residence

What is 1405 worth today?

Last sold for AED 760,000 in 2017

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12 Jun 2017SoldOff-plan
AED 760,000AED 821 per sqft
26 Jun 2016Sold by developerOff-plan
AED 774,197AED 836 per sqft

Source: Dubai Land Department. Updated 12 June 2017.

Key facts

Type
1-bed apartment
Size
925 sqft
Floor
14th of 36
Parking
P2-75
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 13,100 /yr
Last sold
AED 760K · June 2017

About 1405, Reef Residence

1405 is a one-bedroom apartment of 925 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 12 June 2017 for AED 760,000, or AED 821 per sqft, 8% below the AED 889 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1405 over time

Sales
Unit 1405, 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, June 2016: AED 774,197 (AED 836 per sqft)Sold, June 2017: AED 760,000 (AED 821 per sqft)

1405 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1405, 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 70,000

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 1405 sits

All 127 1-beds →

1405 last sold in June 2017 at AED 821 per sqft, 8% below what one-beds in Reef Residence were fetching at the time (AED 889). 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.

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 14th floor

All 378 units in Reef Residence
Value
1401StudioAED 500K · Oct 2025
1402StudioAED 500K · Oct 2025
14031-bedAED 662K · May 2016
14042-bedAED 1.64M · Sep 2026
1406StudioAED 520K · Mar 2017
1407StudioAED 400K · Sep 2023
1408StudioAED 330K · Sep 2020
1–7 of 11

1405, Reef Residence in numbers

  • Sold twice: first on 26 June 2016 for AED 774,197, last on 12 June 2017 for AED 760,000 (AED 821 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 12 June 2017.

Questions about 1405, Reef Residence

What did unit 1405 last sell for?

AED 760,000 on 12 June 2017: AED 821 per sqft for 925 sqft. The unit has 2 registered sales; the first was AED 774,197 in June 2016.

How big is unit 1405?

925 sqft (85.9 sqm): a one-bedroom apartment on the 14th floor of a 36-storey tower completed in 2017.

What is unit 1405 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 1405, Reef Residence

Starts from the last sale price (AED 760K, 12 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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