1610, Reef Residence
Sold prices and rental history: sold once, by the developer in March 2016, 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 1610, Reef Residence
What is 1610 worth today?
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Source: Dubai Land Department. Updated 1 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,481 sqft
- Floor
- 16th of 36
- Parking
- P3-17
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 21,000 /yr
- Last sold
- AED 1.35M · March 2016
- Building
- Reef Residence
About 1610, Reef Residence
1610 is a two-bedroom apartment of 1,481 sqft on the 16th 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 23 March 2016 for AED 1,354,500, or AED 914 per sqft, 9% above the AED 839 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 125,000 a year: a gross yield of 9.2% on the 2016 price, before the service charge of about AED 21,000 a year.
Sales and rents for 1610 over time
1610 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 1610 sits
All 65 2-beds →1610 last sold in March 2016 at AED 914 per sqft, 9% above what two-beds in Reef Residence were fetching at the time (AED 839). 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. 1610'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 16th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | Studio | 520 sqft | AED 505KAED 504,500 · Apr 2016April 2016 | 44,000 /yr | |
| 1602 | Studio | 529 sqft | AED 595KAED 595,000 · Jan 2026January 2026 | 48,000 /yr | |
| 1603 | 1-bed | 886 sqft | AED 850KAED 850,000 · Mar 2025March 2025 | 47,360 /yr | |
| 1604 | 2-bed | 1,537 sqft | AED 1.29MAED 1,285,000 · Apr 2017April 2017 | ||
| 1605 | 1-bed | 925 sqft | AED 795KAED 794,814 · Sep 2016September 2016 | 47,000 /yr | |
| 1606 | Studio | 503 sqft | AED 420KAED 420,000 · Aug 2018August 2018 | 50,000 /yr | |
| 1607 | Studio | 514 sqft | AED 520KAED 520,000 · Mar 2017March 2017 | 45,000 /yr | |
| 1608 | Studio | 467 sqft | AED 456KAED 455,500 · Feb 2016February 2016 | 42,000 /yr | |
| 1609 | 1-bed | 826 sqft | AED 850KAED 850,000 · Jun 2025June 2025 | 70,088 /yr | |
| 1611 | 1-bed | 798 sqft | AED 768KAED 767,500 · Apr 2016April 2016 | 68,000 /yr | |
| 1612 | Studio | 515 sqft | AED 500KAED 499,500 · Apr 2016April 2016 | 49,000 /yr |
1610, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 23 March 2016 for AED 1,354,500, or AED 914 per sqft.
- Rented since June 2018 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 65,000 in 2021 and recovered to AED 125,000 by June 2026.
- At AED 125,000 a year the gross yield on the 2016 price is 9.2%, before a service charge of about AED 21,000 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 June 2026.
Questions about 1610, Reef Residence
What did unit 1610 last sell for?
AED 1,354,500 on 23 March 2016, sold by the developer: AED 914 per sqft for 1,481 sqft. It is the only registered sale of the unit.
What is the rent for unit 1610?
AED 125,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2024, was AED 125,000; the unit has been rented since June 2018.
How big is unit 1610?
1,481 sqft (137.6 sqm): a two-bedroom apartment on the 16th floor of a 36-storey tower completed in 2017.
What is unit 1610 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 1610, Reef Residence
Starts from the last sale price (AED 1.35M, 23 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,354,500
- Deposit, UAE resident (20%)
- AED 270,900
- Deposit, non-resident (40%)
- AED 541,800
- Monthly over 25 years at 3.7%
- AED 5,542
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →