1-bed · 886 sqftReef Residence, Jumeirah Village Circle (JVC) · 20th floor · completed 2017

2003, Reef Residence

Sold prices and rental history: sold twice, last in January 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 29 January 2026
Last soldAED 900K29 January 2026
Current rentAED 71K /yr12 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2003, Reef Residence

What is 2003 worth today?

Last sold for AED 900,000 in 2026

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29 Jan 2026SoldReady
AED 900,000AED 1,016 per sqft
12 Mar 2025RentedNew contract
AED 71,000/yr12 months · AED 80 per sqft
12 Mar 2025RentedNew contract
AED 71,000/yr12 months · AED 80 per sqft
26 Jun 2023RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
25 Sep 2020RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
20 Aug 2019RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft
15 Apr 2018RentedNew contract
AED 57,000/yr12 months · AED 65 per sqft
15 Dec 2015Sold by developerOff-plan
AED 692,860AED 782 per sqft

Source: Dubai Land Department. Updated 29 January 2026.

Key facts

Type
1-bed apartment
Size
886 sqft
Floor
20th of 36
Parking
B2-60
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 12,600 /yr
Last sold
AED 900K · January 2026

About 2003, Reef Residence

2003 is a one-bedroom apartment of 886 sqft on the 20th 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 29 January 2026 for AED 900,000, or AED 1,016 per sqft, 5% above the AED 965 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 12 March 2025, is AED 71,000 a year: a gross yield of 7.9% on the 2026 price, before the service charge of about AED 12,600 a year.

Sales and rents for 2003 over time

Sales
Unit 2003, each saleTypical one-bed in Reef Residence
400K600K800K20152018202120242027Typical sale price by year: 2015 AED 727,858; 2016 AED 697,394; 2017 AED 837,517; 2018 AED 687,500; 2019 AED 675,000; 2020 AED 466,500; 2021 AED 500,000; 2022 AED 580,000; 2023 AED 700,000; 2024 AED 802,500; 2025 AED 850,000; 2026 AED 880,000Sold by developer, December 2015: AED 692,860 (AED 782 per sqft)Sold, January 2026: AED 900,000 (AED 1,016 per sqft)

2003 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2003, each contractTypical one-bed in Reef Residence
40K60K2018202120242027Typical rent by year: 2018 AED 60,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 45,000; 2023 AED 50,000; 2024 AED 67,818; 2025 AED 70,000; 2026 AED 70,000New contract, April 2018: AED 57,000 a yearNew contract, August 2019: AED 50,000 a yearNew contract, September 2020: AED 40,000 a yearNew contract, June 2023: AED 60,000 a yearNew contract, March 2025: AED 71,000 a yearNew contract, March 2025: AED 71,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Reef Residence, and where 2003 sits

All 127 1-beds →

2003 last sold in January 2026 at AED 1,016 per sqft, 5% above what one-beds in Reef Residence were fetching at the time (AED 965). Over the last 12 months one-beds sold for AED 810,000 to 995,000, around AED 993 per sqft, and rent for AED 40,000 to 82,500 a year. 2003's AED 71,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Sep 2026840,000
16 Jul 202626,488
8 Jul 2026995,000
15 May 2026810,000
8 1-bed 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 20th floor

All 378 units in Reef Residence
Value
2001StudioAED 620K · Aug 2025
2002StudioAED 350K · Feb 2020
20042-bedAED 1.24M · Dec 2015
20051-bedAED 710K · May 2018
2006StudioAED 423K · Nov 2016
2007StudioAED 500K · Jul 2024
2008StudioAED 490K · Aug 2017
1–7 of 11

2003, Reef Residence in numbers

  • Sold twice: first on 15 December 2015 for AED 692,860, last on 29 January 2026 for AED 900,000 (AED 1,016 per sqft).
  • Rented since April 2018 on 6 Ejari contracts. The rent fell from AED 57,000 to AED 40,000 in 2020 and recovered to AED 71,000 by March 2025.
  • At AED 71,000 a year the gross yield on the 2026 price is 7.9%, before a service charge of about AED 12,600 a year (AED 14.20 per sqft).
  • One-beds in Reef Residence sold for AED 810,000–995,000 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 29 January 2026.

Questions about 2003, Reef Residence

What did unit 2003 last sell for?

AED 900,000 on 29 January 2026: AED 1,016 per sqft for 886 sqft. The unit has 2 registered sales; the first was AED 692,860 in December 2015.

What is the rent for unit 2003?

AED 71,000 a year on the contract signed on 12 March 2025. The previous contract, from March 2025, was AED 71,000; the unit has been rented since April 2018.

How big is unit 2003?

886 sqft (82.3 sqm): a one-bedroom apartment on the 20th floor of a 36-storey tower completed in 2017.

What is unit 2003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Reef Residence sold for AED 810,000 to 995,000 in the last 12 months, around AED 993 per sqft.

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Mortgage on 2003, Reef Residence

Starts from the last sale price (AED 900K, 29 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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