Studio · 503 sqftReef Residence, Jumeirah Village Circle (JVC) · 22nd floor · completed 2017

2206, Reef Residence

Sold prices and rental history: sold twice, last in August 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2206 · DLD and Ejari recordsUpdated 20 June 2026
Last soldAED 464K22 August 2025
Current rentAED 40K /yr20 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2206, Reef Residence

What is 2206 worth today?

Last sold for AED 464,371 in 2025

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20 Jun 2026RentedNew contract
AED 40,000/yr12 months · AED 80 per sqft
1 Jun 2026RentedRenewal
AED 38,000/yr12 months · AED 75 per sqft
22 Aug 2025SoldReady
AED 464,371AED 924 per sqft
1 Jun 2025RentedNew contract
AED 47,000/yr12 months · AED 93 per sqft
1 Jun 2025RentedNew contract
AED 47,000/yr12 months · AED 93 per sqft
27 Jul 2022RentedNew contract
AED 29,000/yr12 months · AED 57 per sqft
20 Jun 2021RentedNew contract
AED 25,000/yr12 months · AED 49 per sqft
1 Jun 2018RentedNew contract
AED 38,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 20 June 2026.

Key facts

Type
Studio apartment
Size
503 sqft
Floor
22nd of 36
Parking
B2-26
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 7,100 /yr
Last sold
AED 464K · August 2025

About 2206, Reef Residence

2206 is a studio of 503 sqft on the 22nd 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 22 August 2025 for AED 464,371, or AED 924 per sqft, 14% below the AED 1,073 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 20 June 2026, is AED 40,000 a year: a gross yield of 8.6% on the 2025 price, before the service charge of about AED 7,100 a year.

Sales and rents for 2206 over time

Sales
Unit 2206, 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 2015: AED 537,140 (AED 1,068 per sqft)Sold, August 2025: AED 464,371 (AED 924 per sqft)

2206 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2206, 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, June 2018: AED 38,000 a yearNew contract, June 2021: AED 25,000 a yearNew contract, July 2022: AED 29,000 a yearNew contract, June 2025: AED 47,000 a yearNew contract, June 2025: AED 47,000 a yearNew contract, June 2026: AED 40,000 a yearRenewal, June 2026: AED 38,000 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 2206 sits

All 186 studios →

2206 last sold in August 2025 at AED 924 per sqft, 14% below what studios in Reef Residence were fetching at the time (AED 1,073). 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. 2206's AED 40,000 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 22nd floor

All 378 units in Reef Residence
Value
2201StudioAED 560K · Mar 2024
2202StudioAED 400K · Sep 2023
22031-bedAED 662K · May 2016
22042-bedAED 900K · Feb 2022
22051-bedAED 781K · Sep 2016
2207StudioAED 475K · Aug 2025
2208StudioAED 515K · Jan 2016
1–7 of 11

2206, Reef Residence in numbers

  • Sold twice: first on 29 September 2015 for AED 537,140, last on 22 August 2025 for AED 464,371 (AED 924 per sqft).
  • Rented since June 2018 on 7 Ejari contracts. The rent fell from AED 38,000 to AED 25,000 in 2021 and recovered to AED 40,000 by June 2026.
  • At AED 40,000 a year the gross yield on the 2025 price is 8.6%, 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 20 June 2026.

Questions about 2206, Reef Residence

What did unit 2206 last sell for?

AED 464,371 on 22 August 2025: AED 924 per sqft for 503 sqft. The unit has 2 registered sales; the first was AED 537,140 in September 2015.

What is the rent for unit 2206?

AED 40,000 a year on the contract signed on 20 June 2026. The previous contract, from June 2026, was AED 38,000; the unit has been rented since June 2018.

How big is unit 2206?

503 sqft (46.7 sqm): a studio on the 22nd floor of a 36-storey tower completed in 2017.

What is unit 2206 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 2206, Reef Residence

Starts from the last sale price (AED 464K, 22 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 464,371
Deposit, UAE resident (20%)
AED 92,874
Deposit, non-resident (40%)
AED 185,748
Monthly over 25 years at 3.7%
AED 1,900

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