2208, Reef Residence
Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2208, Reef Residence
What is 2208 worth today?
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Source: Dubai Land Department. Updated 30 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 467 sqft
- Floor
- 22nd of 36
- Parking
- B2-28
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 6,600 /yr
- Last sold
- AED 515K · January 2016
- Building
- Reef Residence
About 2208, Reef Residence
2208 is a studio of 467 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. The developer sold it on 6 January 2016 for AED 514,800, or AED 1,101 per sqft, 18% above the AED 933 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 30 September 2026, is AED 40,000 a year: a gross yield of 7.8% on the 2016 price, before the service charge of about AED 6,600 a year.
Sales and rents for 2208 over time
2208 has sold once; the dashed line is the studio median of each year in the building.
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 2208 sits
All 186 studios →2208 last sold in January 2016 at AED 1,101 per sqft, 18% above what studios in Reef Residence were fetching at the time (AED 933). 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. 2208's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 503 sqft | 515,000 | 1,024 | ||
| 9 Jul 20269 July 2026 | 520 sqft | 540,000 | 1,038 | ||
| 23 Jun 202623 June 2026 | 514 sqft | 525,000 | 1,021 | ||
| 14 May 202614 May 2026 | 467 sqft | 540,000 | 1,155 |
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 22nd floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | Studio | 520 sqft | AED 560KAED 560,000 · Mar 2024March 2024 | 50,000 /yr | |
| 2202 | Studio | 529 sqft | AED 400KAED 400,000 · Sep 2023September 2023 | 25,000 /yr | |
| 2203 | 1-bed | 886 sqft | AED 662KAED 661,500 · May 2016May 2016 | 70,000 /yr | |
| 2204 | 2-bed | 1,537 sqft | AED 900KAED 900,000 · Feb 2022February 2022 | 130,000 /yr | |
| 2205 | 1-bed | 925 sqft | AED 781KAED 781,322 · Sep 2016September 2016 | 40,000 /yr | |
| 2206 | Studio | 503 sqft | AED 464KAED 464,371 · Aug 2025August 2025 | 40,000 /yr | |
| 2207 | Studio | 514 sqft | AED 475KAED 474,702 · Aug 2025August 2025 | 40,000 /yr | |
| 2209 | 1-bed | 826 sqft | AED 628KAED 627,750 · May 2016May 2016 | 70,000 /yr | |
| 2210 | 2-bed | 1,481 sqft | AED 1.45MAED 1,450,000 · Jul 2024July 2024 | 120,000 /yr | |
| 2211 | 1-bed | 798 sqft | AED 602KAED 602,250 · May 2016May 2016 | 72,000 /yr | |
| 2212 | Studio | 515 sqft | AED 538KAED 537,871 · Aug 2016August 2016 | 38,115 /yr |
2208, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 6 January 2016 for AED 514,800, or AED 1,101 per sqft.
- Rented since November 2018 on 5 Ejari contracts. The rent fell from AED 39,000 to AED 22,000 in 2021 and recovered to AED 40,000 by September 2026.
- At AED 40,000 a year the gross yield on the 2016 price is 7.8%, before a service charge of about AED 6,600 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 30 September 2026.
Questions about 2208, Reef Residence
What did unit 2208 last sell for?
AED 514,800 on 6 January 2016, sold by the developer: AED 1,101 per sqft for 467 sqft. It is the only registered sale of the unit.
What is the rent for unit 2208?
AED 40,000 a year on the contract signed on 30 September 2026. The previous contract, from April 2024, was AED 34,000; the unit has been rented since November 2018.
How big is unit 2208?
467 sqft (43.4 sqm): a studio on the 22nd floor of a 36-storey tower completed in 2017.
What is unit 2208 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 2208, Reef Residence
Starts from the last sale price (AED 515K, 6 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 514,800
- Deposit, UAE resident (20%)
- AED 102,960
- Deposit, non-resident (40%)
- AED 205,920
- Monthly over 25 years at 3.7%
- AED 2,106
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →