1902, Reef Residence
Sold prices and rental history: sold twice, last in June 2020, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1902, Reef Residence
What is 1902 worth today?
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Source: Dubai Land Department. Updated 1 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 529 sqft
- Floor
- 19th of 36
- Parking
- B2-51
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,500 /yr
- Last sold
- AED 371K · June 2020
- Building
- Reef Residence
About 1902, Reef Residence
1902 is a studio of 529 sqft on the 19th 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 June 2020 for AED 370,500, or AED 701 per sqft, 6% above the AED 662 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 40,259 a year: a gross yield of 10.9% on the 2020 price, before the service charge of about AED 7,500 a year.
Sales and rents for 1902 over time
1902 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 1902 sits
All 186 studios →1902 last sold in June 2020 at AED 701 per sqft, 6% above what studios in Reef Residence were fetching at the time (AED 662). 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. 1902's AED 40,259 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 19th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1901 | Studio | 520 sqft | AED 540KAED 540,000 · Jul 2026July 2026 | 40,000 /yr | |
| 1903 | 1-bed | 886 sqft | AED 820KAED 820,000 · Apr 2025April 2025 | 75,000 /yr | |
| 1904 | 2-bed | 1,537 sqft | AED 1.23MAED 1,234,977 · Oct 2016October 2016 | ||
| 1905 | 1-bed | 925 sqft | AED 753KAED 752,931 · Jun 2015June 2015 | 75,000 /yr | |
| 1906 | Studio | 503 sqft | AED 570KAED 570,000 · Feb 2025February 2025 | 54,000 /yr | |
| 1907 | Studio | 514 sqft | AED 500KAED 500,000 · Oct 2024October 2024 | 44,000 /yr | |
| 1908 | Studio | 467 sqft | AED 345KAED 345,000 · Aug 2022August 2022 | 46,749 /yr | |
| 1909 | 1-bed | 413 sqft | AED 444KAED 443,621 · Oct 2025October 2025 | 43,559 /yr | |
| 1910 | 2-bed | 1,481 sqft | AED 1.23MAED 1,226,416 · Oct 2016October 2016 | ||
| 1911 | 1-bed | 798 sqft | AED 810KAED 810,000 · May 2026May 2026 | 54,000 /yr | |
| 1912 | Studio | 515 sqft | AED 475KAED 475,267 · Sep 2025September 2025 | 37,000 /yr |
1902, Reef Residence in numbers
- Sold twice: first on 29 June 2015 for AED 505,454, last on 7 June 2020 for AED 370,500 (AED 701 per sqft).
- Rented since December 2019 on 6 Ejari contracts, from AED 19,500 to AED 40,259 a year.
- At AED 40,259 a year the gross yield on the 2020 price is 10.9%, before a service charge of about AED 7,500 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 1 March 2025.
Questions about 1902, Reef Residence
What did unit 1902 last sell for?
AED 370,500 on 7 June 2020: AED 701 per sqft for 529 sqft. The unit has 2 registered sales; the first was AED 505,454 in June 2015.
What is the rent for unit 1902?
AED 40,259 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 35,000; the unit has been rented since December 2019.
How big is unit 1902?
529 sqft (49.1 sqm): a studio on the 19th floor of a 36-storey tower completed in 2017.
What is unit 1902 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 1902, Reef Residence
Starts from the last sale price (AED 371K, 7 June 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 370,500
- Deposit, UAE resident (20%)
- AED 74,100
- Deposit, non-resident (40%)
- AED 148,200
- Monthly over 25 years at 3.7%
- AED 1,516
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →