2009, Reef Residence
Sold prices and rental history: sold 3 times, last in July 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2009, Reef Residence
What is 2009 worth today?
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Source: Dubai Land Department. Updated 19 July 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 20th of 36
- Parking
- B2-62
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 11,700 /yr
- Last sold
- AED 750K · July 2023
- Building
- Reef Residence
About 2009, Reef Residence
2009 is a one-bedroom apartment of 826 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 19 July 2023 for AED 750,000, or AED 908 per sqft, 27% above the AED 717 one-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 25 April 2022, is AED 40,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 11,700 a year.
Sales and rents for 2009 over time
2009 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 2009 sits
All 127 1-beds →2009 last sold in July 2023 at AED 908 per sqft, 27% above what one-beds in Reef Residence were fetching at the time (AED 717). 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. 2009's AED 40,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 886 sqft | 840,000 | 948 | ||
| 16 Jul 202616 July 2026 | 886 sqft | 26,488 | 29 | ||
| 8 Jul 20268 July 2026 | 826 sqft | 995,000 | 1,205 | ||
| 15 May 202615 May 2026 | 798 sqft | 810,000 | 1,015 |
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 | ||
| 2006 | Studio | 503 sqft | AED 423KAED 422,886 · Nov 2016November 2016 | 38,000 /yr | |
| 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 | |
| 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 |
2009, Reef Residence in numbers
- Sold 3 times: first on 20 December 2016 for AED 665,440, last on 19 July 2023 for AED 750,000 (AED 908 per sqft).
- Rented since December 2019 on 3 Ejari contracts, from AED 46,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 11,700 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 19 July 2023.
Questions about 2009, Reef Residence
What did unit 2009 last sell for?
AED 750,000 on 19 July 2023: AED 908 per sqft for 826 sqft. The unit has 3 registered sales; the first was AED 665,440 in December 2016.
What is the rent for unit 2009?
AED 40,000 a year on the contract signed on 25 April 2022. The previous contract, from December 2020, was AED 40,000; the unit has been rented since December 2019.
How big is unit 2009?
826 sqft (76.7 sqm): a one-bedroom apartment on the 20th floor of a 36-storey tower completed in 2017.
What is unit 2009 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 2009, Reef Residence
Starts from the last sale price (AED 750K, 19 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →