1611, Reef Residence
Sold prices and rental history: sold once, by the developer in April 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 1611, Reef Residence
What is 1611 worth today?
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Source: Dubai Land Department. Updated 25 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 798 sqft
- Floor
- 16th of 36
- Parking
- P2-81
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 11,300 /yr
- Last sold
- AED 768K · April 2016
- Building
- Reef Residence
About 1611, Reef Residence
1611 is a one-bedroom apartment of 798 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 13 April 2016 for AED 767,500, or AED 961 per sqft, 13% above the AED 851 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 25 November 2025, is AED 68,000 a year: a gross yield of 8.9% on the 2016 price, before the service charge of about AED 11,300 a year.
Sales and rents for 1611 over time
1611 has sold once; the dashed line is the one-bed median of each year in the building.
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 1611 sits
All 127 1-beds →1611 last sold in April 2016 at AED 961 per sqft, 13% above what one-beds in Reef Residence were fetching at the time (AED 851). 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. 1611's AED 68,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 886 sqft | 840,000 | 948 | ||
| 16 Jul 202616 July 2026 | 886 sqft | 26,488 | 29 | ||
| 8 Jul 20268 July 2026 | 826 sqft | 995,000 | 1,205 | ||
| 15 May 202615 May 2026 | 798 sqft | 810,000 | 1,015 |
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 | |
| 1610 | 2-bed | 1,481 sqft | AED 1.35MAED 1,354,500 · Mar 2016March 2016 | 125,000 /yr | |
| 1612 | Studio | 515 sqft | AED 500KAED 499,500 · Apr 2016April 2016 | 49,000 /yr |
1611, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 13 April 2016 for AED 767,500, or AED 961 per sqft.
- Rented since May 2018 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 38,000 in 2021 and recovered to AED 68,000 by November 2025.
- At AED 68,000 a year the gross yield on the 2016 price is 8.9%, before a service charge of about AED 11,300 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 25 November 2025.
Questions about 1611, Reef Residence
What did unit 1611 last sell for?
AED 767,500 on 13 April 2016, sold by the developer: AED 961 per sqft for 798 sqft. It is the only registered sale of the unit.
What is the rent for unit 1611?
AED 68,000 a year on the contract renewed on 25 November 2025. The previous contract, from November 2024, was AED 68,000; the unit has been rented since May 2018.
How big is unit 1611?
798 sqft (74.1 sqm): a one-bedroom apartment on the 16th floor of a 36-storey tower completed in 2017.
What is unit 1611 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 1611, Reef Residence
Starts from the last sale price (AED 768K, 13 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 767,500
- Deposit, UAE resident (20%)
- AED 153,500
- Deposit, non-resident (40%)
- AED 307,000
- Monthly over 25 years at 3.7%
- AED 3,140
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →