2-bed · 1,481 sqftReef Residence, Jumeirah Village Circle (JVC) · 17th floor · completed 2017

1710, Reef Residence

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1710 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 1M11 March 2024
Current rentAED 120K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1710, Reef Residence

What is 1710 worth today?

Last sold for AED 1,000,000 in 2024

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1 May 2026RentedRenewal
AED 120,000/yr12 months · AED 81 per sqft
1 May 2026RentedRenewal
AED 120,000/yr12 months · AED 81 per sqft
1 May 2025RentedRenewal
AED 120,000/yr12 months · AED 81 per sqft
1 May 2024RentedNew contract
AED 120,000/yr12 months · AED 81 per sqft
11 Mar 2024SoldReady
AED 1,000,000AED 675 per sqft
1 Oct 2022RentedNew contract
AED 85,000/yr12 months · AED 57 per sqft
15 Mar 2021RentedNew contract
AED 65,000/yr12 months · AED 44 per sqft
8 Feb 2019RentedRenewal
AED 100,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
2-bed apartment
Size
1,481 sqft
Floor
17th of 36
Parking
P3-16
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 21,000 /yr
Last sold
AED 1M · March 2024

About 1710, Reef Residence

1710 is a two-bedroom apartment of 1,481 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 11 March 2024 for AED 1,000,000, or AED 675 per sqft, 17% below the AED 812 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 120,000 a year: a gross yield of 12.0% on the 2024 price, before the service charge of about AED 21,000 a year.

Sales and rents for 1710 over time

Sales
Unit 1710, each saleTypical two-bed in Reef Residence
1M1.25M1.5M20152018202120242027Typical sale price by year: 2015 AED 1,242,995; 2016 AED 1,206,534; 2017 AED 1,324,880; 2018 AED 1,250,000; 2022 AED 1,000,000; 2023 AED 1,250,000; 2024 AED 1,350,000; 2026 AED 1,450,000Sold by developer, May 2016: AED 1,102,500 (AED 744 per sqft)Sold, March 2024: AED 1,000,000 (AED 675 per sqft)

1710 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1710, each contractTypical two-bed in Reef Residence
75K100K125K2018202120242027Typical rent by year: 2018 AED 95,000; 2019 AED 88,000; 2020 AED 71,000; 2021 AED 70,000; 2022 AED 77,000; 2023 AED 86,512; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 120,000Renewal, February 2019: AED 100,000 a yearNew contract, March 2021: AED 65,000 a yearNew contract, October 2022: AED 85,000 a yearNew contract, May 2024: AED 120,000 a yearRenewal, May 2025: AED 120,000 a yearRenewal, May 2026: AED 120,000 a yearRenewal, May 2026: AED 120,000 a year

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 1710 sits

All 65 2-beds →

1710 last sold in March 2024 at AED 675 per sqft, 17% below what two-beds in Reef Residence were fetching at the time (AED 812). 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. 1710's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Sep 20261,635,000
23 Jul 20261,580,000
2 Jun 20261,450,000
1 Jun 20262,000,000
7 2-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 52K /yr
Typical yield
8.3%
Reef Residence, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 17th floor

All 378 units in Reef Residence
Value
1701StudioAED 350K · Jun 2022
1702StudioAED 375K · Feb 2022
17031-bedAED 710K · Apr 2016
17042-bedAED 1.33M · Feb 2017
17051-bedAED 600K · Nov 2022
1706StudioAED 490K · Oct 2017
1707StudioAED 458K · Jun 2015
1–7 of 11

1710, Reef Residence in numbers

  • Sold twice: first on 12 May 2016 for AED 1,102,500, last on 11 March 2024 for AED 1,000,000 (AED 675 per sqft).
  • Rented since February 2019 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 65,000 in 2021 and recovered to AED 120,000 by May 2026.
  • At AED 120,000 a year the gross yield on the 2024 price is 12.0%, 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 May 2026.

Questions about 1710, Reef Residence

What did unit 1710 last sell for?

AED 1,000,000 on 11 March 2024: AED 675 per sqft for 1,481 sqft. The unit has 2 registered sales; the first was AED 1,102,500 in May 2016.

What is the rent for unit 1710?

AED 120,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2026, was AED 120,000; the unit has been rented since February 2019.

How big is unit 1710?

1,481 sqft (137.6 sqm): a two-bedroom apartment on the 17th floor of a 36-storey tower completed in 2017.

What is unit 1710 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 1710, Reef Residence

Starts from the last sale price (AED 1M, 11 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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