1812, Reef Residence
Sold prices and rental history: sold twice, last in December 2023, 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 1812, Reef Residence
What is 1812 worth today?
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Source: Dubai Land Department. Updated 27 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 515 sqft
- Floor
- 18th of 36
- Parking
- P2-36
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,300 /yr
- Last sold
- AED 520K · December 2023
- Building
- Reef Residence
About 1812, Reef Residence
1812 is a studio of 515 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 7 December 2023 for AED 520,000, or AED 1,009 per sqft, 30% above the AED 776 studios in the building were fetching at the time.
It has been rented continuously since 2024 on 5 Ejari contracts. The current contract, renewed on 27 October 2026, is AED 50,000 a year: a gross yield of 9.6% on the 2023 price, before the service charge of about AED 7,300 a year.
Sales and rents for 1812 over time
1812 has sold twice; 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 1812 sits
All 186 studios →1812 last sold in December 2023 at AED 1,009 per sqft, 30% above what studios in Reef Residence were fetching at the time (AED 776). 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. 1812's AED 50,000 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 | ||
| 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, Reef Residence in numbers
- Sold twice: first on 10 May 2015 for AED 464,788, last on 7 December 2023 for AED 520,000 (AED 1,009 per sqft).
- Rented since October 2024 on 5 Ejari contracts. The rent fell from AED 54,000 to AED 42,000 in 2025 and recovered to AED 50,000 by October 2026.
- At AED 50,000 a year the gross yield on the 2023 price is 9.6%, before a service charge of about AED 7,300 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 October 2026.
Questions about 1812, Reef Residence
What did unit 1812 last sell for?
AED 520,000 on 7 December 2023: AED 1,009 per sqft for 515 sqft. The unit has 2 registered sales; the first was AED 464,788 in May 2015.
What is the rent for unit 1812?
AED 50,000 a year on the contract renewed on 27 October 2026. The previous contract, from October 2026, was AED 60,000; the unit has been rented since October 2024.
How big is unit 1812?
515 sqft (47.8 sqm): a studio on the 18th floor of a 36-storey tower completed in 2017.
What is unit 1812 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 1812, Reef Residence
Starts from the last sale price (AED 520K, 7 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 520,000
- Deposit, UAE resident (20%)
- AED 104,000
- Deposit, non-resident (40%)
- AED 208,000
- Monthly over 25 years at 3.7%
- AED 2,127
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →