Studio · 467 sqftReef Residence, Jumeirah Village Circle (JVC) · 19th floor · completed 2017

1908, Reef Residence

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1908 · DLD and Ejari recordsUpdated 31 December 2025
Last soldAED 345K5 August 2022
Current rentAED 47K /yr31 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1908, Reef Residence

What is 1908 worth today?

Last sold for AED 345,000 in 2022

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31 Dec 2025RentedNew contract
AED 46,749/yr12 months · AED 100 per sqft
12 Dec 2023RentedNew contract
AED 45,000/yr12 months · AED 96 per sqft
1 Dec 2022RentedNew contract
AED 26,400/yr12 months · AED 57 per sqft
5 Aug 2022SoldReady
AED 345,000AED 738 per sqft
1 Dec 2021RentedNew contract
AED 22,000/yr12 months · AED 48 per sqft
1 Dec 2020RentedNew contract
AED 22,000/yr12 months · AED 47 per sqft
1 Oct 2019RentedNew contract
AED 38,000/yr12 months · AED 82 per sqft
1 May 2018RentedNew contract
AED 38,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 31 December 2025.

Key facts

Type
Studio apartment
Size
467 sqft
Floor
19th of 36
Parking
B2-48
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 6,600 /yr
Last sold
AED 345K · August 2022

About 1908, Reef Residence

1908 is a studio of 467 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 5 August 2022 for AED 345,000, or AED 738 per sqft, 4% above the AED 709 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 31 December 2025, is AED 46,749 a year: a gross yield of 13.6% on the 2022 price, before the service charge of about AED 6,600 a year.

Sales and rents for 1908 over time

Sales
Unit 1908, 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, February 2016: AED 438,376 (AED 937 per sqft)Sold, August 2022: AED 345,000 (AED 738 per sqft)

1908 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1908, 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, May 2018: AED 38,000 a yearNew contract, October 2019: AED 38,000 a yearNew contract, December 2020: AED 22,000 a yearNew contract, December 2021: AED 22,000 a yearNew contract, December 2022: AED 26,400 a yearNew contract, December 2023: AED 45,000 a yearNew contract, December 2025: AED 46,749 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 1908 sits

All 186 studios →

1908 last sold in August 2022 at AED 738 per sqft, 4% above what studios in Reef Residence were fetching at the time (AED 709). 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. 1908's AED 46,749 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 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
1906StudioAED 570K · Feb 2025
1907StudioAED 500K · Oct 2024
1–7 of 11

1908, Reef Residence in numbers

  • Sold twice: first on 1 February 2016 for AED 438,376, last on 5 August 2022 for AED 345,000 (AED 738 per sqft).
  • Rented since May 2018 on 7 Ejari contracts. The rent fell from AED 38,000 to AED 22,000 in 2021 and recovered to AED 46,749 by December 2025.
  • At AED 46,749 a year the gross yield on the 2022 price is 13.6%, 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 31 December 2025.

Questions about 1908, Reef Residence

What did unit 1908 last sell for?

AED 345,000 on 5 August 2022: AED 738 per sqft for 467 sqft. The unit has 2 registered sales; the first was AED 438,376 in February 2016.

What is the rent for unit 1908?

AED 46,749 a year on the contract signed on 31 December 2025. The previous contract, from December 2023, was AED 45,000; the unit has been rented since May 2018.

How big is unit 1908?

467 sqft (43.4 sqm): a studio on the 19th floor of a 36-storey tower completed in 2017.

What is unit 1908 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 1908, Reef Residence

Starts from the last sale price (AED 345K, 5 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 345,000
Deposit, UAE resident (20%)
AED 69,000
Deposit, non-resident (40%)
AED 138,000
Monthly over 25 years at 3.7%
AED 1,412

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