1-bed · 826 sqftReef Residence, Jumeirah Village Circle (JVC) · 22nd floor · completed 2017

2209, Reef Residence

Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2209 · DLD and Ejari recordsUpdated 20 October 2026
Last soldAED 628K12 May 2016
Current rentAED 70K /yr20 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2209, Reef Residence

What is 2209 worth today?

Last sold for AED 627,750 in 2016

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20 Oct 2026RentedRenewal
AED 70,000/yr12 months · AED 85 per sqft
20 Oct 2025RentedRenewal
AED 70,000/yr12 months · AED 85 per sqft
20 Oct 2024RentedNew contract
AED 68,000/yr12 months · AED 82 per sqft
27 Mar 2023RentedNew contract
AED 52,000/yr12 months · AED 63 per sqft
27 Mar 2023RentedRenewal
AED 49,163/yr12 months · AED 60 per sqft
27 Mar 2022RentedRenewal
AED 47,250/yr12 months · AED 57 per sqft
27 Mar 2021RentedRenewal
AED 45,000/yr12 months · AED 55 per sqft
27 Mar 2020RentedNew contract
AED 45,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 20 October 2026.

Key facts

Type
1-bed apartment
Size
826 sqft
Floor
22nd of 36
Parking
B2-70
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 11,700 /yr
Last sold
AED 628K · May 2016

About 2209, Reef Residence

2209 is a one-bedroom apartment of 826 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 12 May 2016 for AED 627,750, or AED 760 per sqft, 6% below the AED 806 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 20 October 2026, is AED 70,000 a year: a gross yield of 11.2% on the 2016 price, before the service charge of about AED 11,700 a year.

Sales and rents for 2209 over time

Sales
Unit 2209, each saleTypical one-bed in Reef Residence
400K600K800K20152018202120242027Typical sale price by year: 2015 AED 727,858; 2016 AED 697,394; 2017 AED 837,517; 2018 AED 687,500; 2019 AED 675,000; 2020 AED 466,500; 2021 AED 500,000; 2022 AED 580,000; 2023 AED 700,000; 2024 AED 802,500; 2025 AED 850,000; 2026 AED 880,000Sold by developer, May 2016: AED 627,750 (AED 760 per sqft)

2209 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2209, each contractTypical one-bed in Reef Residence
40K60K2018202120242027Typical rent by year: 2018 AED 60,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 45,000; 2023 AED 50,000; 2024 AED 67,818; 2025 AED 70,000; 2026 AED 70,000New contract, August 2018: AED 60,000 a yearRenewal, August 2019: AED 55,000 a yearNew contract, March 2020: AED 45,000 a yearRenewal, March 2021: AED 45,000 a yearRenewal, March 2022: AED 47,250 a yearNew contract, March 2023: AED 52,000 a yearRenewal, March 2023: AED 49,163 a yearNew contract, October 2024: AED 68,000 a yearRenewal, October 2025: AED 70,000 a yearRenewal, October 2026: AED 70,000 a year

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 2209 sits

All 127 1-beds →

2209 last sold in May 2016 at AED 760 per sqft, 6% below what one-beds in Reef Residence were fetching at the time (AED 806). 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. 2209's AED 70,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Sep 2026840,000
16 Jul 202626,488
8 Jul 2026995,000
15 May 2026810,000
8 1-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 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
2206StudioAED 464K · Aug 2025
2207StudioAED 475K · Aug 2025
1–7 of 11

2209, Reef Residence in numbers

  • Sold once: by Sama Alkhaleej Real Estate Development Co on 12 May 2016 for AED 627,750, or AED 760 per sqft.
  • Rented since August 2018 on 10 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2021 and recovered to AED 70,000 by October 2026.
  • At AED 70,000 a year the gross yield on the 2016 price is 11.2%, before a service charge of about AED 11,700 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 20 October 2026.

Questions about 2209, Reef Residence

What did unit 2209 last sell for?

AED 627,750 on 12 May 2016, sold by the developer: AED 760 per sqft for 826 sqft. It is the only registered sale of the unit.

What is the rent for unit 2209?

AED 70,000 a year on the contract renewed on 20 October 2026. The previous contract, from October 2025, was AED 70,000; the unit has been rented since August 2018.

How big is unit 2209?

826 sqft (76.7 sqm): a one-bedroom apartment on the 22nd floor of a 36-storey tower completed in 2017.

What is unit 2209 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.

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Mortgage on 2209, Reef Residence

Starts from the last sale price (AED 628K, 12 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 627,750
Deposit, UAE resident (20%)
AED 125,550
Deposit, non-resident (40%)
AED 251,100
Monthly over 25 years at 3.7%
AED 2,568

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