1803, Reef Residence
Sold prices and rental history: sold once, by the developer in February 2016, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1803, Reef Residence
What is 1803 worth today?
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Source: Dubai Land Department. Updated 22 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 886 sqft
- Floor
- 18th of 36
- Parking
- B2-18
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 12,600 /yr
- Last sold
- AED 741K · February 2016
- Building
- Reef Residence
About 1803, Reef Residence
1803 is a one-bedroom apartment of 886 sqft on the 18th 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 15 February 2016 for AED 740,880, or AED 836 per sqft, in line with the AED 851 one-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 22 February 2026, is AED 72,000 a year: a gross yield of 9.7% on the 2016 price, before the service charge of about AED 12,600 a year.
Sales and rents for 1803 over time
1803 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 1803 sits
All 127 1-beds →1803 last sold in February 2016 at AED 836 per sqft, in line with 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. 1803's AED 72,000 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 18th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | Studio | 520 sqft | AED 508KAED 507,842 · Jun 2015June 2015 | 45,000 /yr | |
| 1802 | Studio | 529 sqft | AED 517KAED 516,648 · Jun 2015June 2015 | 42,831 /yr | |
| 1804 | 2-bed | 1,537 sqft | AED 1.5MAED 1,500,000 · Aug 2024August 2024 | 130,000 /yr | |
| 1805 | 1-bed | 925 sqft | AED 850KAED 850,000 · Jul 2024July 2024 | ||
| 1806 | Studio | 503 sqft | AED 474KAED 474,390 · Dec 2015December 2015 | 35,500 /yr | |
| 1807 | Studio | 514 sqft | AED 565KAED 565,000 · Jun 2025June 2025 | 47,000 /yr | |
| 1808 | Studio | 467 sqft | AED 560KAED 560,000 · Feb 2026February 2026 | 26,000 /yr | |
| 1809 | 1-bed | 826 sqft | AED 628KAED 627,750 · May 2016May 2016 | 72,500 /yr | |
| 1810 | 2-bed | 1,481 sqft | AED 1.21MAED 1,206,534 · Oct 2016October 2016 | 125,000 /yr | |
| 1811 | 1-bed | 798 sqft | AED 725KAED 724,868 · Oct 2015October 2015 | 72,000 /yr | |
| 1812 | Studio | 515 sqft | AED 520KAED 520,000 · Dec 2023December 2023 | 60,000 /yr |
1803, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 15 February 2016 for AED 740,880, or AED 836 per sqft.
- Rented since May 2024 on 4 Ejari contracts, from AED 70,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2016 price is 9.7%, before a service charge of about AED 12,600 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 22 February 2026.
Questions about 1803, Reef Residence
What did unit 1803 last sell for?
AED 740,880 on 15 February 2016, sold by the developer: AED 836 per sqft for 886 sqft. It is the only registered sale of the unit.
What is the rent for unit 1803?
AED 72,000 a year on the contract signed on 22 February 2026. The previous contract, from May 2025, was AED 70,000; the unit has been rented since May 2024.
How big is unit 1803?
886 sqft (82.3 sqm): a one-bedroom apartment on the 18th floor of a 36-storey tower completed in 2017.
What is unit 1803 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 1803, Reef Residence
Starts from the last sale price (AED 741K, 15 February 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 740,880
- Deposit, UAE resident (20%)
- AED 148,176
- Deposit, non-resident (40%)
- AED 296,352
- Monthly over 25 years at 3.7%
- AED 3,031
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →