Studio · 467 sqftReef Residence, Jumeirah Village Circle (JVC) · 18th floor · completed 2017

1808, Reef Residence

Sold prices and rental history: sold twice, last in February 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1808 · DLD and Ejari recordsUpdated 27 February 2026
Last soldAED 560K27 February 2026
Current rentAED 26K /yr15 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1808, Reef Residence

What is 1808 worth today?

Last sold for AED 560,000 in 2026

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27 Feb 2026SoldReady
AED 560,000AED 1,198 per sqft
15 Aug 2022RentedRenewal
AED 26,000/yr12 months · AED 56 per sqft
15 Aug 2021RentedRenewal
AED 24,000/yr12 months · AED 52 per sqft
15 Aug 2020RentedRenewal
AED 28,000/yr12 months · AED 60 per sqft
17 Jul 2019RentedNew contract
AED 35,000/yr13 months · AED 76 per sqft
16 Jul 2018RentedNew contract
AED 35,000/yr12 months · AED 76 per sqft
8 Dec 2016Sold by developerOff-plan
AED 413,479AED 884 per sqft

Source: Dubai Land Department. Updated 27 February 2026.

Key facts

Type
Studio apartment
Size
467 sqft
Floor
18th of 36
Parking
P2-37
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 6,600 /yr
Last sold
AED 560K · February 2026

About 1808, Reef Residence

1808 is a studio of 467 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 27 February 2026 for AED 560,000, or AED 1,198 per sqft, 9% above the AED 1,099 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 15 August 2022, is AED 26,000 a year: a gross yield of 4.6% on the 2026 price, before the service charge of about AED 6,600 a year.

Sales and rents for 1808 over time

Sales
Unit 1808, each saleTypical studio in Reef Residence
400K600K20152018202120242027Typical sale price by year: 2015 AED 472,880; 2016 AED 521,995; 2017 AED 540,540; 2018 AED 483,160; 2019 AED 350,000; 2020 AED 340,000; 2021 AED 321,250; 2022 AED 375,000; 2023 AED 401,000; 2024 AED 530,000; 2025 AED 548,750; 2026 AED 540,000Sold by developer, December 2016: AED 413,479 (AED 884 per sqft)Sold, February 2026: AED 560,000 (AED 1,198 per sqft)

1808 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1808, each contractTypical studio in Reef Residence
20K40K2018202120242027Typical rent by year: 2018 AED 40,000; 2019 AED 38,000; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 30,000; 2023 AED 36,000; 2024 AED 44,000; 2025 AED 46,452; 2026 AED 45,000New contract, July 2018: AED 35,000 a yearNew contract, July 2019: AED 35,000 a yearRenewal, August 2020: AED 28,000 a yearRenewal, August 2021: AED 24,000 a yearRenewal, August 2022: AED 26,000 a year

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 1808 sits

All 186 studios →

1808 last sold in February 2026 at AED 1,198 per sqft, 9% above what studios in Reef Residence were fetching at the time (AED 1,099). 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. 1808's AED 26,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Sep 2026515,000
9 Jul 2026540,000
23 Jun 2026525,000
14 May 2026540,000
7 studio 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
18042-bedAED 1.5M · Aug 2024
18051-bedAED 850K · Jul 2024
1806StudioAED 474K · Dec 2015
1807StudioAED 565K · Jun 2025
1–7 of 11

1808, Reef Residence in numbers

  • Sold twice: first on 8 December 2016 for AED 413,479, last on 27 February 2026 for AED 560,000 (AED 1,198 per sqft).
  • Rented since July 2018 on 5 Ejari contracts, from AED 35,000 to AED 26,000 a year.
  • At AED 26,000 a year the gross yield on the 2026 price is 4.6%, before a service charge of about AED 6,600 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 27 February 2026.

Questions about 1808, Reef Residence

What did unit 1808 last sell for?

AED 560,000 on 27 February 2026: AED 1,198 per sqft for 467 sqft. The unit has 2 registered sales; the first was AED 413,479 in December 2016.

What is the rent for unit 1808?

AED 26,000 a year on the contract renewed on 15 August 2022. The previous contract, from August 2021, was AED 24,000; the unit has been rented since July 2018.

How big is unit 1808?

467 sqft (43.4 sqm): a studio on the 18th floor of a 36-storey tower completed in 2017.

What is unit 1808 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 1808, Reef Residence

Starts from the last sale price (AED 560K, 27 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

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