Studio · 503 sqftReef Residence, Jumeirah Village Circle (JVC) · 19th floor · completed 2017

1906, Reef Residence

Sold prices and rental history: sold twice, last in February 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1906 · DLD and Ejari recordsUpdated 10 January 2026
Last soldAED 570K7 February 2025
Current rentAED 54K /yr10 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1906, Reef Residence

What is 1906 worth today?

Last sold for AED 570,000 in 2025

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10 Jan 2026RentedNew contract
AED 54,000/yr12 months · AED 107 per sqft
10 Jan 2026RentedNew contract
AED 54,000/yr12 months · AED 107 per sqft
12 Apr 2025RentedNew contract
AED 52,000/yr12 months · AED 103 per sqft
12 Apr 2025RentedNew contract
AED 52,000/yr12 months · AED 103 per sqft
7 Feb 2025SoldReady
AED 570,000AED 1,134 per sqft
29 Nov 2023RentedRenewal
AED 34,150/yr12 months · AED 68 per sqft
29 Nov 2022RentedNew contract
AED 33,000/yr12 months · AED 66 per sqft
15 May 2022RentedNew contract
AED 22,768/yr5 months · AED 45 per sqft

Source: Dubai Land Department. Updated 10 January 2026.

Key facts

Type
Studio apartment
Size
503 sqft
Floor
19th of 36
Parking
B2-50
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 7,100 /yr
Last sold
AED 570K · February 2025

About 1906, Reef Residence

1906 is a studio of 503 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 February 2025 for AED 570,000, or AED 1,134 per sqft, 8% above the AED 1,048 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 9 Ejari contracts. The current contract, signed on 10 January 2026, is AED 54,000 a year: a gross yield of 9.5% on the 2025 price, before the service charge of about AED 7,100 a year.

Sales and rents for 1906 over time

Sales
Unit 1906, 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, August 2015: AED 454,712 (AED 904 per sqft)Sold, February 2025: AED 570,000 (AED 1,134 per sqft)

1906 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1906, 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, January 2020: AED 34,000 a yearNew contract, May 2021: AED 24,933 a yearNew contract, May 2022: AED 22,768 a yearNew contract, November 2022: AED 33,000 a yearRenewal, November 2023: AED 34,150 a yearNew contract, April 2025: AED 52,000 a yearNew contract, April 2025: AED 52,000 a yearNew contract, January 2026: AED 54,000 a yearNew contract, January 2026: AED 54,000 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 1906 sits

All 186 studios →

1906 last sold in February 2025 at AED 1,134 per sqft, 8% above what studios in Reef Residence were fetching at the time (AED 1,048). 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. 1906's AED 54,000 is in the upper half 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 19th floor

All 378 units in Reef Residence
Value
1901StudioAED 540K · Jul 2026
1902StudioAED 371K · Jun 2020
19031-bedAED 820K · Apr 2025
19042-bedAED 1.23M · Oct 2016
19051-bedAED 753K · Jun 2015
1907StudioAED 500K · Oct 2024
1908StudioAED 345K · Aug 2022
1–7 of 11

1906, Reef Residence in numbers

  • Sold twice: first on 3 August 2015 for AED 454,712, last on 7 February 2025 for AED 570,000 (AED 1,134 per sqft).
  • Rented since January 2020 on 9 Ejari contracts. The rent fell from AED 34,000 to AED 22,768 in 2022 and recovered to AED 54,000 by January 2026.
  • At AED 54,000 a year the gross yield on the 2025 price is 9.5%, 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 10 January 2026.

Questions about 1906, Reef Residence

What did unit 1906 last sell for?

AED 570,000 on 7 February 2025: AED 1,134 per sqft for 503 sqft. The unit has 2 registered sales; the first was AED 454,712 in August 2015.

What is the rent for unit 1906?

AED 54,000 a year on the contract signed on 10 January 2026. The previous contract, from January 2026, was AED 54,000; the unit has been rented since January 2020.

How big is unit 1906?

503 sqft (46.7 sqm): a studio on the 19th floor of a 36-storey tower completed in 2017.

What is unit 1906 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 1906, Reef Residence

Starts from the last sale price (AED 570K, 7 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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