2011, Reef Residence
Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2011, Reef Residence
What is 2011 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 25 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 798 sqft
- Floor
- 20th of 36
- Parking
- B2-63
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 11,300 /yr
- Last sold
- AED 870K · February 2024
- Building
- Reef Residence
About 2011, Reef Residence
2011 is a one-bedroom apartment of 798 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 14 February 2024 for AED 870,000, or AED 1,090 per sqft, 38% above the AED 788 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 25 October 2024, is AED 80,000 a year: a gross yield of 9.2% on the 2024 price, before the service charge of about AED 11,300 a year.
Sales and rents for 2011 over time
2011 has sold twice; 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 2011 sits
All 127 1-beds →2011 last sold in February 2024 at AED 1,090 per sqft, 38% above what one-beds in Reef Residence were fetching at the time (AED 788). 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. 2011's AED 80,000 is in the upper half 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 | |
| 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 | |
| 2012 | Studio | 515 sqft | AED 458KAED 458,234 · Nov 2016November 2016 | 38,000 /yr |
2011, Reef Residence in numbers
- Sold twice: first on 6 November 2016 for AED 675,606, last on 14 February 2024 for AED 870,000 (AED 1,090 per sqft).
- Rented since December 2019 on 4 Ejari contracts. The rent fell from AED 45,000 to AED 40,000 in 2021 and recovered to AED 80,000 by October 2024.
- At AED 80,000 a year the gross yield on the 2024 price is 9.2%, before a service charge of about AED 11,300 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 25 October 2024.
Questions about 2011, Reef Residence
What did unit 2011 last sell for?
AED 870,000 on 14 February 2024: AED 1,090 per sqft for 798 sqft. The unit has 2 registered sales; the first was AED 675,606 in November 2016.
What is the rent for unit 2011?
AED 80,000 a year on the contract signed on 25 October 2024. The previous contract, from October 2021, was AED 40,000; the unit has been rented since December 2019.
How big is unit 2011?
798 sqft (74.1 sqm): a one-bedroom apartment on the 20th floor of a 36-storey tower completed in 2017.
What is unit 2011 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.
Selling 2011? 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 2011, Reef Residence
Starts from the last sale price (AED 870K, 14 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 870,000
- Deposit, UAE resident (20%)
- AED 174,000
- Deposit, non-resident (40%)
- AED 348,000
- Monthly over 25 years at 3.7%
- AED 3,559
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →