Studio · 514 sqftReef Residence, Jumeirah Village Circle (JVC) · 19th floor · completed 2017

1907, Reef Residence

Sold prices and rental history: sold twice, last in October 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1907 · DLD and Ejari recordsUpdated 28 October 2025
Last soldAED 500K7 October 2024
Current rentAED 44K /yr28 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1907, Reef Residence

What is 1907 worth today?

Last sold for AED 500,000 in 2024

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28 Oct 2025RentedRenewal
AED 44,000/yr12 months · AED 85 per sqft
28 Oct 2024RentedNew contract
AED 43,000/yr12 months · AED 83 per sqft
7 Oct 2024SoldReady
AED 500,000AED 972 per sqft
15 Jun 2015Sold by developerOff-plan
AED 466,487AED 907 per sqft

Source: Dubai Land Department. Updated 28 October 2025.

Key facts

Type
Studio apartment
Size
514 sqft
Floor
19th of 36
Parking
B2-49
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 7,300 /yr
Last sold
AED 500K · October 2024

About 1907, Reef Residence

1907 is a studio of 514 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 October 2024 for AED 500,000, or AED 972 per sqft, in line with the AED 983 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 28 October 2025, is AED 44,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 7,300 a year.

Sales and rents for 1907 over time

Sales
Unit 1907, each saleTypical studio in Reef Residence
400K20152018202120242027Typical 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, June 2015: AED 466,487 (AED 907 per sqft)Sold, October 2024: AED 500,000 (AED 972 per sqft)

1907 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1907, each contractTypical studio in Reef Residence
30K40K50K2018202120242027Typical 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, October 2024: AED 43,000 a yearRenewal, October 2025: AED 44,000 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 1907 sits

All 186 studios →

1907 last sold in October 2024 at AED 972 per sqft, in line with what studios in Reef Residence were fetching at the time (AED 983). 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. 1907's AED 44,000 is in the lower 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 52K /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
1906StudioAED 570K · Feb 2025
1908StudioAED 345K · Aug 2022
1–7 of 11

1907, Reef Residence in numbers

  • Sold twice: first on 15 June 2015 for AED 466,487, last on 7 October 2024 for AED 500,000 (AED 972 per sqft).
  • Rented since October 2024 on 2 Ejari contracts, from AED 43,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2024 price is 8.8%, 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 28 October 2025.

Questions about 1907, Reef Residence

What did unit 1907 last sell for?

AED 500,000 on 7 October 2024: AED 972 per sqft for 514 sqft. The unit has 2 registered sales; the first was AED 466,487 in June 2015.

What is the rent for unit 1907?

AED 44,000 a year on the contract renewed on 28 October 2025. The previous contract, from October 2024, was AED 43,000.

How big is unit 1907?

514 sqft (47.8 sqm): a studio on the 19th floor of a 36-storey tower completed in 2017.

What is unit 1907 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 1907, Reef Residence

Starts from the last sale price (AED 500K, 7 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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