2006, Reef Residence
Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2006, Reef Residence
What is 2006 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 27 March 2023.
Key facts
- Type
- Studio apartment
- Size
- 503 sqft
- Floor
- 20th of 36
- Parking
- B2-20
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,100 /yr
- Last sold
- AED 423K · November 2016
- Building
- Reef Residence
About 2006, Reef Residence
2006 is a studio of 503 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 6 November 2016 for AED 422,886, or AED 841 per sqft, 17% below the AED 1,011 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 27 March 2023, is AED 38,000 a year: a gross yield of 9.0% on the 2016 price, before the service charge of about AED 7,100 a year.
Sales and rents for 2006 over time
2006 has sold once; the dashed line is the studio median of each year in the building.
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 2006 sits
All 186 studios →2006 last sold in November 2016 at AED 841 per sqft, 17% below what studios in Reef Residence were fetching at the time (AED 1,011). 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. 2006's AED 38,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 503 sqft | 515,000 | 1,024 | ||
| 9 Jul 20269 July 2026 | 520 sqft | 540,000 | 1,038 | ||
| 23 Jun 202623 June 2026 | 514 sqft | 525,000 | 1,021 | ||
| 14 May 202614 May 2026 | 467 sqft | 540,000 | 1,155 |
Reef Residence
Building378 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%
Other units on the 20th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | Studio | 520 sqft | AED 620KAED 620,000 · Aug 2025August 2025 | 49,000 /yr | |
| 2002 | Studio | 529 sqft | AED 350KAED 350,000 · Feb 2020February 2020 | 48,000 /yr | |
| 2003 | 1-bed | 886 sqft | AED 900KAED 900,000 · Jan 2026January 2026 | 71,000 /yr | |
| 2004 | 2-bed | 1,537 sqft | AED 1.24MAED 1,242,995 · Dec 2015December 2015 | 115,000 /yr | |
| 2005 | 1-bed | 925 sqft | AED 710KAED 710,000 · May 2018May 2018 | ||
| 2007 | Studio | 514 sqft | AED 500KAED 500,000 · Jul 2024July 2024 | 50,000 /yr | |
| 2008 | Studio | 467 sqft | AED 490KAED 490,000 · Aug 2017August 2017 | 55,000 /yr | |
| 2009 | 1-bed | 826 sqft | AED 750KAED 750,000 · Jul 2023July 2023 | 40,000 /yr | |
| 2010 | 2-bed | 1,481 sqft | AED 1.35MAED 1,350,000 · Sep 2024September 2024 | 135,000 /yr | |
| 2011 | 1-bed | 798 sqft | AED 870KAED 870,000 · Feb 2024February 2024 | 80,000 /yr | |
| 2012 | Studio | 515 sqft | AED 458KAED 458,234 · Nov 2016November 2016 | 38,000 /yr |
2006, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 6 November 2016 for AED 422,886, or AED 841 per sqft.
- Rented since April 2018 on 5 Ejari contracts. The rent fell from AED 40,000 to AED 25,000 in 2021 and recovered to AED 38,000 by March 2023.
- At AED 38,000 a year the gross yield on the 2016 price is 9.0%, 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 27 March 2023.
Questions about 2006, Reef Residence
What did unit 2006 last sell for?
AED 422,886 on 6 November 2016, sold by the developer: AED 841 per sqft for 503 sqft. It is the only registered sale of the unit.
What is the rent for unit 2006?
AED 38,000 a year on the contract signed on 27 March 2023. The previous contract, from November 2021, was AED 25,000; the unit has been rented since April 2018.
How big is unit 2006?
503 sqft (46.7 sqm): a studio on the 20th floor of a 36-storey tower completed in 2017.
What is unit 2006 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.
Selling 2006? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2006, Reef Residence
Starts from the last sale price (AED 423K, 6 November 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 422,886
- Deposit, UAE resident (20%)
- AED 84,577
- Deposit, non-resident (40%)
- AED 169,154
- Monthly over 25 years at 3.7%
- AED 1,730
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →