Studio · 515 sqftReef Residence, Jumeirah Village Circle (JVC) · 21st floor · completed 2017

2112, Reef Residence

Sold prices and rental history: sold twice, last in December 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2112 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 323K26 December 2021
Current rentAED 46K /yr15 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2112, Reef Residence

What is 2112 worth today?

Last sold for AED 322,500 in 2021

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15 May 2026RentedRenewal
AED 46,000/yr12 months · AED 89 per sqft
15 May 2026RentedRenewal
AED 30,000/yr12 months · AED 59 per sqft
15 May 2025RentedRenewal
AED 46,000/yr12 months · AED 91 per sqft
15 May 2025RentedRenewal
AED 46,000/yr12 months · AED 89 per sqft
15 May 2024RentedNew contract
AED 46,000/yr12 months · AED 89 per sqft
5 Nov 2022RentedNew contract
AED 33,000/yr12 months · AED 64 per sqft
26 Dec 2021SoldReady
AED 322,500AED 626 per sqft
10 Aug 2020RentedNew contract
AED 25,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
Studio apartment
Size
515 sqft
Floor
21st of 36
Parking
B2-41
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 7,300 /yr
Last sold
AED 323K · December 2021

About 2112, Reef Residence

2112 is a studio of 515 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 December 2021 for AED 322,500, or AED 626 per sqft, in line with the AED 624 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 15 May 2026, is AED 46,000 a year: a gross yield of 14.3% on the 2021 price, before the service charge of about AED 7,300 a year.

Sales and rents for 2112 over time

Sales
Unit 2112, each saleTypical studio in Reef Residence
400K20152018202120242027Typical sale price by year: 2015 AED 472,880; 2016 AED 521,995; 2017 AED 540,540; 2018 AED 483,160; 2019 AED 350,000; 2020 AED 340,000; 2021 AED 321,250; 2022 AED 375,000; 2023 AED 401,000; 2024 AED 530,000; 2025 AED 548,750; 2026 AED 540,000Sold by developer, September 2016: AED 551,775 (AED 1,071 per sqft)Sold, December 2021: AED 322,500 (AED 626 per sqft)

2112 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2112, each contractTypical studio in Reef Residence
30K40K50K2018202120242027Typical rent by year: 2018 AED 40,000; 2019 AED 38,000; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 30,000; 2023 AED 36,000; 2024 AED 44,000; 2025 AED 46,452; 2026 AED 45,000New contract, February 2018: AED 43,000 a yearNew contract, August 2020: AED 25,000 a yearNew contract, November 2022: AED 33,000 a yearNew contract, May 2024: AED 46,000 a yearRenewal, May 2025: AED 46,000 a yearRenewal, May 2025: AED 46,000 a yearRenewal, May 2026: AED 46,000 a yearRenewal, May 2026: AED 30,000 a year

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 2112 sits

All 186 studios →

2112 last sold in December 2021 at AED 626 per sqft, in line with what studios in Reef Residence were fetching at the time (AED 624). 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. 2112's AED 46,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Sep 2026515,000
9 Jul 2026540,000
23 Jun 2026525,000
14 May 2026540,000
7 studio 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 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

2112, Reef Residence in numbers

  • Sold twice: first on 4 September 2016 for AED 551,775, last on 26 December 2021 for AED 322,500 (AED 626 per sqft).
  • Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 43,000 to AED 25,000 in 2020 and recovered to AED 46,000 by May 2026.
  • At AED 46,000 a year the gross yield on the 2021 price is 14.3%, before a service charge of about AED 7,300 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 15 May 2026.

Questions about 2112, Reef Residence

What did unit 2112 last sell for?

AED 322,500 on 26 December 2021: AED 626 per sqft for 515 sqft. The unit has 2 registered sales; the first was AED 551,775 in September 2016.

What is the rent for unit 2112?

AED 46,000 a year on the contract renewed on 15 May 2026. The previous contract, from May 2026, was AED 30,000; the unit has been rented since February 2018.

How big is unit 2112?

515 sqft (47.8 sqm): a studio on the 21st floor of a 36-storey tower completed in 2017.

What is unit 2112 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.

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Mortgage on 2112, Reef Residence

Starts from the last sale price (AED 323K, 26 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 322,500
Deposit, UAE resident (20%)
AED 64,500
Deposit, non-resident (40%)
AED 129,000
Monthly over 25 years at 3.7%
AED 1,319

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