2-bed · 1,481 sqftReef Residence, Jumeirah Village Circle (JVC) · 21st floor · completed 2017

2110, Reef Residence

Sold prices and rental history: sold twice, last in July 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2110 · DLD and Ejari recordsUpdated 26 July 2024
Last soldAED 1.35M26 July 2024
Current rentAED 65K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2110, Reef Residence

What is 2110 worth today?

Last sold for AED 1,350,000 in 2024

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26 Jul 2024SoldReady
AED 1,350,000AED 911 per sqft
1 Oct 2021RentedRenewal
AED 65,000/yr12 months · AED 44 per sqft
1 Oct 2020RentedNew contract
AED 65,000/yr12 months · AED 44 per sqft
30 Apr 2017Sold by developerOff-plan
AED 1,245,127AED 840 per sqft

Source: Dubai Land Department. Updated 26 July 2024.

Key facts

Type
2-bed apartment
Size
1,481 sqft
Floor
21st of 36
Parking
P2-12
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 21,000 /yr
Last sold
AED 1.35M · July 2024

About 2110, Reef Residence

2110 is a two-bedroom apartment of 1,481 sqft on the 21st 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 26 July 2024 for AED 1,350,000, or AED 911 per sqft, 4% above the AED 877 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 1 October 2021, is AED 65,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 21,000 a year.

Sales and rents for 2110 over time

Sales
Unit 2110, 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, April 2017: AED 1,245,127 (AED 840 per sqft)Sold, July 2024: AED 1,350,000 (AED 911 per sqft)

2110 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2110, 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, October 2020: AED 65,000 a yearRenewal, October 2021: AED 65,000 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 2110 sits

All 65 2-beds →

2110 last sold in July 2024 at AED 911 per sqft, 4% above what two-beds in Reef Residence were fetching at the time (AED 877). 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. 2110's AED 65,000 is at the bottom 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 52K /yr
Typical yield
8.3%
Reef Residence, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 21st floor

All 378 units in Reef Residence
Value
2101StudioAED 530K · Jun 2024
2102StudioAED 400K · May 2024
21031-bedAED 662K · May 2016
21042-bedAED 1.27M · Aug 2016
21051-bedAED 730K · Sep 2023
2106StudioAED 464K · Aug 2025
2107StudioAED 525K · Jun 2026
1–7 of 11

2110, Reef Residence in numbers

  • Sold twice: first on 30 April 2017 for AED 1,245,127, last on 26 July 2024 for AED 1,350,000 (AED 911 per sqft).
  • Rented since October 2020 on 2 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 21,000 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 26 July 2024.

Questions about 2110, Reef Residence

What did unit 2110 last sell for?

AED 1,350,000 on 26 July 2024: AED 911 per sqft for 1,481 sqft. The unit has 2 registered sales; the first was AED 1,245,127 in April 2017.

What is the rent for unit 2110?

AED 65,000 a year on the contract renewed on 1 October 2021. The previous contract, from October 2020, was AED 65,000.

How big is unit 2110?

1,481 sqft (137.6 sqm): a two-bedroom apartment on the 21st floor of a 36-storey tower completed in 2017.

What is unit 2110 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 2110, Reef Residence

Starts from the last sale price (AED 1.35M, 26 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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