1709, Reef Residence
Sold prices and rental history: sold twice, last in December 2024, 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 1709, Reef Residence
What is 1709 worth today?
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Source: Dubai Land Department. Updated 1 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 17th of 36
- Parking
- B2-54
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 11,700 /yr
- Last sold
- AED 760K · December 2024
- Building
- Reef Residence
About 1709, Reef Residence
1709 is a one-bedroom apartment of 826 sqft on the 17th 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 19 December 2024 for AED 760,000, or AED 920 per sqft, in line with the AED 928 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 60,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 11,700 a year.
Sales and rents for 1709 over time
1709 has sold twice; 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 1709 sits
All 127 1-beds →1709 last sold in December 2024 at AED 920 per sqft, in line with what one-beds in Reef Residence were fetching at the time (AED 928). 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. 1709's AED 60,000 is in the lower 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 17th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | Studio | 520 sqft | AED 350KAED 350,000 · Jun 2022June 2022 | 72,000 /yr | |
| 1702 | Studio | 529 sqft | AED 375KAED 375,000 · Feb 2022February 2022 | 40,000 /yr | |
| 1703 | 1-bed | 886 sqft | AED 710KAED 710,098 · Apr 2016April 2016 | 70,000 /yr | |
| 1704 | 2-bed | 1,537 sqft | AED 1.33MAED 1,330,056 · Feb 2017February 2017 | 120,000 /yr | |
| 1705 | 1-bed | 925 sqft | AED 600KAED 600,000 · Nov 2022November 2022 | 57,000 /yr | |
| 1706 | Studio | 503 sqft | AED 490KAED 490,000 · Oct 2017October 2017 | 36,685 /yr | |
| 1707 | Studio | 514 sqft | AED 458KAED 458,350 · Jun 2015June 2015 | 48,000 /yr | |
| 1708 | Studio | 467 sqft | AED 490KAED 490,000 · Dec 2024December 2024 | 45,000 /yr | |
| 1710 | 2-bed | 1,481 sqft | AED 1MAED 1,000,000 · Mar 2024March 2024 | 120,000 /yr | |
| 1711 | 1-bed | 798 sqft | AED 800KAED 800,000 · Jul 2024July 2024 | 70,000 /yr | |
| 1712 | Studio | 515 sqft | AED 440KAED 440,000 · Dec 2018December 2018 | 38,400 /yr |
1709, Reef Residence in numbers
- Sold twice: first on 15 June 2015 for AED 703,080, last on 19 December 2024 for AED 760,000 (AED 920 per sqft).
- Rented since June 2018 on 10 Ejari contracts. The rent fell from AED 55,000 to AED 43,000 in 2021 and recovered to AED 60,000 by June 2026.
- At AED 60,000 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 11,700 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 1 June 2026.
Questions about 1709, Reef Residence
What did unit 1709 last sell for?
AED 760,000 on 19 December 2024: AED 920 per sqft for 826 sqft. The unit has 2 registered sales; the first was AED 703,080 in June 2015.
What is the rent for unit 1709?
AED 60,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 65,000; the unit has been rented since June 2018.
How big is unit 1709?
826 sqft (76.7 sqm): a one-bedroom apartment on the 17th floor of a 36-storey tower completed in 2017.
What is unit 1709 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 1709, Reef Residence
Starts from the last sale price (AED 760K, 19 December 2024). 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 →