2309, Reef Residence
Sold prices and rental history: sold once, by the developer in January 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2309, Reef Residence
What is 2309 worth today?
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Source: Dubai Land Department. Updated 18 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 23rd of 36
- Parking
- B2-74 0
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 11,700 /yr
- Last sold
- AED 665K · January 2019
- Building
- Reef Residence
About 2309, Reef Residence
2309 is a one-bedroom apartment of 826 sqft on the 23rd 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 2019 for AED 665,000, or AED 805 per sqft, in line with the AED 787 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 18 April 2026, is AED 70,000 a year: a gross yield of 10.5% on the 2019 price, before the service charge of about AED 11,700 a year.
Sales and rents for 2309 over time
2309 has sold once; the dashed line is the one-bed median of each year in the building.
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 2309 sits
All 127 1-beds →2309 last sold in January 2019 at AED 805 per sqft, in line with what one-beds in Reef Residence were fetching at the time (AED 787). 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. 2309's AED 70,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 886 sqft | 840,000 | 948 | ||
| 16 Jul 202616 July 2026 | 886 sqft | 26,488 | 29 | ||
| 8 Jul 20268 July 2026 | 826 sqft | 995,000 | 1,205 | ||
| 15 May 202615 May 2026 | 798 sqft | 810,000 | 1,015 |
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 23rd floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | Studio | 520 sqft | AED 545KAED 544,719 · Aug 2016August 2016 | 42,000 /yr | |
| 2302 | Studio | 529 sqft | AED 404KAED 404,400 · Sep 2023September 2023 | 55,000 /yr | |
| 2303 | 1-bed | 886 sqft | AED 781KAED 781,247 · May 2016May 2016 | 60,000 /yr | |
| 2304 | 2-bed | 1,537 sqft | AED 1.34MAED 1,336,320 · Jun 2017June 2017 | 130,000 /yr | |
| 2305 | 1-bed | 925 sqft | AED 675KAED 675,000 · Jul 2018July 2018 | ||
| 2306 | Studio | 503 sqft | AED 543KAED 543,172 · Nov 2016November 2016 | 48,000 /yr | |
| 2307 | Studio | 514 sqft | AED 485KAED 485,000 · Sep 2023September 2023 | 45,000 /yr | |
| 2308 | Studio | 467 sqft | AED 533KAED 533,000 · Nov 2016November 2016 | 50,000 /yr | |
| 2310 | 2-bed | 1,481 sqft | AED 1.3MAED 1,300,000 · Apr 2024April 2024 | 110,000 /yr | |
| 2311 | 1-bed | 798 sqft | AED 602KAED 602,250 · May 2016May 2016 | 68,000 /yr | |
| 2312 | Studio | 515 sqft | AED 541KAED 540,521 · Aug 2016August 2016 | 41,895 /yr |
2309, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 6 January 2019 for AED 665,000, or AED 805 per sqft.
- Rented since September 2021 on 6 Ejari contracts. The rent fell from AED 69,806 to AED 61,828 in 2022 and recovered to AED 70,000 by April 2026.
- At AED 70,000 a year the gross yield on the 2019 price is 10.5%, 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 18 April 2026.
Questions about 2309, Reef Residence
What did unit 2309 last sell for?
AED 665,000 on 6 January 2019, sold by the developer: AED 805 per sqft for 826 sqft. It is the only registered sale of the unit.
What is the rent for unit 2309?
AED 70,000 a year on the contract signed on 18 April 2026. The previous contract, from September 2025, was AED 73,000; the unit has been rented since September 2021.
How big is unit 2309?
826 sqft (76.7 sqm): a one-bedroom apartment on the 23rd floor of a 36-storey tower completed in 2017.
What is unit 2309 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 2309, Reef Residence
Starts from the last sale price (AED 665K, 6 January 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 665,000
- Deposit, UAE resident (20%)
- AED 133,000
- Deposit, non-resident (40%)
- AED 266,000
- Monthly over 25 years at 3.7%
- AED 2,721
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →