2-bed · 1,537 sqftReef Residence, Jumeirah Village Circle (JVC) · 20th floor · completed 2017

2004, Reef Residence

Sold prices and rental history: sold once, by the developer in December 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 25 February 2026
Last soldAED 1.24M15 December 2015
Current rentAED 115K /yr25 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, Reef Residence

What is 2004 worth today?

Last sold for AED 1,242,995 in 2015

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25 Feb 2026RentedRenewal
AED 115,000/yr12 months · AED 75 per sqft
25 Feb 2025RentedNew contract
AED 115,000/yr12 months · AED 75 per sqft
25 Feb 2025RentedNew contract
AED 115,000/yr12 months · AED 75 per sqft
16 Oct 2021RentedRenewal
AED 70,000/yr13 months · AED 45 per sqft
15 Sep 2020RentedNew contract
AED 70,000/yr13 months · AED 45 per sqft
15 Dec 2015Sold by developerOff-plan
AED 1,242,995AED 808 per sqft

Source: Dubai Land Department. Updated 25 February 2026.

Key facts

Type
2-bed apartment
Size
1,537 sqft
Floor
20th of 36
Parking
P2-83
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 21,800 /yr
Last sold
AED 1.24M · December 2015

About 2004, Reef Residence

2004 is a two-bedroom apartment of 1,537 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. The developer sold it on 15 December 2015 for AED 1,242,995, or AED 808 per sqft, 3% below the AED 833 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 25 February 2026, is AED 115,000 a year: a gross yield of 9.3% on the 2015 price, before the service charge of about AED 21,800 a year.

Sales and rents for 2004 over time

Sales
Unit 2004, each saleTypical two-bed in Reef Residence
1M1.25M1.5M20152018202120242027Typical sale price by year: 2015 AED 1,242,995; 2016 AED 1,206,534; 2017 AED 1,324,880; 2018 AED 1,250,000; 2022 AED 1,000,000; 2023 AED 1,250,000; 2024 AED 1,350,000; 2026 AED 1,450,000Sold by developer, December 2015: AED 1,242,995 (AED 808 per sqft)

2004 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2004, each contractTypical two-bed in Reef Residence
75K100K125K2018202120242027Typical rent by year: 2018 AED 95,000; 2019 AED 88,000; 2020 AED 71,000; 2021 AED 70,000; 2022 AED 77,000; 2023 AED 86,512; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 120,000New contract, September 2020: AED 70,000 a yearRenewal, October 2021: AED 70,000 a yearNew contract, February 2025: AED 115,000 a yearNew contract, February 2025: AED 115,000 a yearRenewal, February 2026: AED 115,000 a year

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

2-beds in Reef Residence, and where 2004 sits

All 65 2-beds →

2004 last sold in December 2015 at AED 808 per sqft, 3% below what two-beds in Reef Residence were fetching at the time (AED 833). Over the last 12 months two-beds sold for AED 1,200,000 to 2,000,000, around AED 943 per sqft, and rent for AED 96,801 to 165,000 a year. 2004's AED 115,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Sep 20261,635,000
23 Jul 20261,580,000
2 Jun 20261,450,000
1 Jun 20262,000,000
7 2-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
20031-bedAED 900K · Jan 2026
20051-bedAED 710K · May 2018
2006StudioAED 423K · Nov 2016
2007StudioAED 500K · Jul 2024
2008StudioAED 490K · Aug 2017
1–7 of 11

2004, Reef Residence in numbers

  • Sold once: by Sama Alkhaleej Real Estate Development Co on 15 December 2015 for AED 1,242,995, or AED 808 per sqft.
  • Rented since September 2020 on 5 Ejari contracts, from AED 70,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2015 price is 9.3%, before a service charge of about AED 21,800 a year (AED 14.20 per sqft).
  • Two-beds in Reef Residence sold for AED 1,200,000–2,000,000 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 25 February 2026.

Questions about 2004, Reef Residence

What did unit 2004 last sell for?

AED 1,242,995 on 15 December 2015, sold by the developer: AED 808 per sqft for 1,537 sqft. It is the only registered sale of the unit.

What is the rent for unit 2004?

AED 115,000 a year on the contract renewed on 25 February 2026. The previous contract, from February 2025, was AED 115,000; the unit has been rented since September 2020.

How big is unit 2004?

1,537 sqft (142.8 sqm): a two-bedroom apartment on the 20th floor of a 36-storey tower completed in 2017.

What is unit 2004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Reef Residence sold for AED 1,200,000 to 2,000,000 in the last 12 months, around AED 943 per sqft.

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Mortgage on 2004, Reef Residence

Starts from the last sale price (AED 1.24M, 15 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,242,995
Deposit, UAE resident (20%)
AED 248,599
Deposit, non-resident (40%)
AED 497,198
Monthly over 25 years at 3.7%
AED 5,085

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