1806, Reef Residence
Sold prices and rental history: sold once, by the developer in December 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1806, Reef Residence
What is 1806 worth today?
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Source: Dubai Land Department. Updated 22 November 2019.
Key facts
- Type
- Studio apartment
- Size
- 503 sqft
- Floor
- 18th of 36
- Parking
- P2-39
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,100 /yr
- Last sold
- AED 474K · December 2015
- Building
- Reef Residence
About 1806, Reef Residence
1806 is a studio of 503 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 16 December 2015 for AED 474,390, or AED 943 per sqft, in line with the AED 929 studios in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 22 November 2019, is AED 35,500 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 7,100 a year.
Sales and rents for 1806 over time
1806 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Reef Residence, and where 1806 sits
All 186 studios →1806 last sold in December 2015 at AED 943 per sqft, in line with what studios in Reef Residence were fetching at the time (AED 929). Over the last 12 months studios sold for AED 515,000 to 595,000, around AED 1,040 per sqft, and rent for AED 30,000 to 75,600 a year. 1806's AED 35,500 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 503 sqft | 515,000 | 1,024 | ||
| 9 Jul 20269 July 2026 | 520 sqft | 540,000 | 1,038 | ||
| 23 Jun 202623 June 2026 | 514 sqft | 525,000 | 1,021 | ||
| 14 May 202614 May 2026 | 467 sqft | 540,000 | 1,155 |
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 | |
| 1803 | 1-bed | 886 sqft | AED 741KAED 740,880 · Feb 2016February 2016 | 72,000 /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 | ||
| 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 |
1806, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 16 December 2015 for AED 474,390, or AED 943 per sqft.
- Rented since October 2018 on 2 Ejari contracts, from AED 40,000 to AED 35,500 a year.
- At AED 35,500 a year the gross yield on the 2015 price is 7.5%, before a service charge of about AED 7,100 a year (AED 14.20 per sqft).
- Studios in Reef Residence sold for AED 515,000–595,000 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 November 2019.
Questions about 1806, Reef Residence
What did unit 1806 last sell for?
AED 474,390 on 16 December 2015, sold by the developer: AED 943 per sqft for 503 sqft. It is the only registered sale of the unit.
What is the rent for unit 1806?
AED 35,500 a year on the contract signed on 22 November 2019. The previous contract, from October 2018, was AED 40,000.
How big is unit 1806?
503 sqft (46.7 sqm): a studio on the 18th floor of a 36-storey tower completed in 2017.
What is unit 1806 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Reef Residence sold for AED 515,000 to 595,000 in the last 12 months, around AED 1,040 per sqft.
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Mortgage on 1806, Reef Residence
Starts from the last sale price (AED 474K, 16 December 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 474,390
- Deposit, UAE resident (20%)
- AED 94,878
- Deposit, non-resident (40%)
- AED 189,756
- Monthly over 25 years at 3.7%
- AED 1,941
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →