2-bed · 1,537 sqftReef Residence, Jumeirah Village Circle (JVC) · 18th floor · completed 2017

1804, Reef Residence

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1804 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 1.5M6 August 2024
Current rentAED 153K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1804, Reef Residence

What is 1804 worth today?

Last sold for AED 1,500,000 in 2024

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1 Mar 2026RentedRenewal
AED 152,500/yr12 months · AED 99 per sqft
1 Mar 2026RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
1 Mar 2025RentedNew contract
AED 130,000/yr12 months · AED 84 per sqft
1 Mar 2025RentedNew contract
AED 130,000/yr12 months · AED 84 per sqft
12 Nov 2024RentedNew contract
AED 135,000/yr12 months · AED 88 per sqft
6 Aug 2024SoldReady
AED 1,500,000AED 976 per sqft
1 May 2023RentedRenewal
AED 85,000/yr12 months · AED 56 per sqft
1 May 2022RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
1,537 sqft
Floor
18th of 36
Parking
B2-85
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 21,800 /yr
Last sold
AED 1.5M · August 2024

About 1804, Reef Residence

1804 is a two-bedroom apartment of 1,537 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. It last sold on 6 August 2024 for AED 1,500,000, or AED 976 per sqft, 9% above the AED 895 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 152,500 a year: a gross yield of 10.2% on the 2024 price, before the service charge of about AED 21,800 a year.

Sales and rents for 1804 over time

Sales
Unit 1804, 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, December 2016: AED 1,278,444 (AED 831 per sqft)Sold, August 2024: AED 1,500,000 (AED 976 per sqft)

1804 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1804, each contractTypical two-bed in Reef Residence
100K150K2018202120242027Typical 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 120,000New contract, May 2022: AED 85,000 a yearRenewal, May 2023: AED 85,000 a yearNew contract, November 2024: AED 135,000 a yearNew contract, March 2025: AED 130,000 a yearNew contract, March 2025: AED 130,000 a yearRenewal, March 2026: AED 152,500 a yearRenewal, March 2026: AED 130,000 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 1804 sits

All 65 2-beds →

1804 last sold in August 2024 at AED 976 per sqft, 9% above what two-beds in Reef Residence were fetching at the time (AED 895). 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. 1804's AED 152,500 is in the upper 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 53K /yr
Typical yield
8.3%
Reef Residence, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 18th floor

All 378 units in Reef Residence
Value
1801StudioAED 508K · Jun 2015
1802StudioAED 517K · Jun 2015
18031-bedAED 741K · Feb 2016
18051-bedAED 850K · Jul 2024
1806StudioAED 474K · Dec 2015
1807StudioAED 565K · Jun 2025
1808StudioAED 560K · Feb 2026
1–7 of 11

1804, Reef Residence in numbers

  • Sold twice: first on 20 December 2016 for AED 1,278,444, last on 6 August 2024 for AED 1,500,000 (AED 976 per sqft).
  • Rented since May 2022 on 7 Ejari contracts, from AED 85,000 to AED 152,500 a year.
  • At AED 152,500 a year the gross yield on the 2024 price is 10.2%, before a service charge of about AED 21,800 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 March 2026.

Questions about 1804, Reef Residence

What did unit 1804 last sell for?

AED 1,500,000 on 6 August 2024: AED 976 per sqft for 1,537 sqft. The unit has 2 registered sales; the first was AED 1,278,444 in December 2016.

What is the rent for unit 1804?

AED 152,500 a year on the contract renewed on 1 March 2026. The previous contract, from March 2026, was AED 130,000; the unit has been rented since May 2022.

How big is unit 1804?

1,537 sqft (142.8 sqm): a two-bedroom apartment on the 18th floor of a 36-storey tower completed in 2017.

What is unit 1804 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 1804, Reef Residence

Starts from the last sale price (AED 1.5M, 6 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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