2310, Reef Residence
Sold prices and rental history: sold twice, last in April 2024, 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 2310, Reef Residence
What is 2310 worth today?
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Source: Dubai Land Department. Updated 23 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,481 sqft
- Floor
- 23rd of 36
- Parking
- P2-09
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 21,000 /yr
- Last sold
- AED 1.3M · April 2024
- Building
- Reef Residence
About 2310, Reef Residence
2310 is a two-bedroom apartment of 1,481 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. It last sold on 1 April 2024 for AED 1,300,000, or AED 877 per sqft, 6% above the AED 825 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 23 December 2024, is AED 110,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 21,000 a year.
Sales and rents for 2310 over time
2310 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Reef Residence, and where 2310 sits
All 65 2-beds →2310 last sold in April 2024 at AED 877 per sqft, 6% above what two-beds in Reef Residence were fetching at the time (AED 825). Over the last 12 months two-beds sold for AED 1,200,000 to 2,000,000, around AED 943 per sqft, and rent for AED 96,801 to 165,000 a year. 2310's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 1,537 sqft | 1,635,000 | 1,063 | ||
| 23 Jul 202623 July 2026 | 1,537 sqft | 1,580,000 | 1,028 | ||
| 2 Jun 20262 June 2026 | 1,537 sqft | 1,450,000 | 943 | ||
| 1 Jun 20261 June 2026 | 1,481 sqft | 2,000,000 | 1,350 |
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 | |
| 2309 | 1-bed | 826 sqft | AED 665KAED 665,000 · Jan 2019January 2019 | 70,000 /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 |
2310, Reef Residence in numbers
- Sold twice: first on 9 May 2017 for AED 1,293,600, last on 1 April 2024 for AED 1,300,000 (AED 877 per sqft).
- Rented since July 2018 on 4 Ejari contracts. The rent fell from AED 90,000 to AED 65,000 in 2020 and recovered to AED 110,000 by December 2024.
- At AED 110,000 a year the gross yield on the 2024 price is 8.5%, before a service charge of about AED 21,000 a year (AED 14.20 per sqft).
- Two-beds in Reef Residence sold for AED 1,200,000–2,000,000 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 23 December 2024.
Questions about 2310, Reef Residence
What did unit 2310 last sell for?
AED 1,300,000 on 1 April 2024: AED 877 per sqft for 1,481 sqft. The unit has 2 registered sales; the first was AED 1,293,600 in May 2017.
What is the rent for unit 2310?
AED 110,000 a year on the contract renewed on 23 December 2024. The previous contract, from December 2023, was AED 95,000; the unit has been rented since July 2018.
How big is unit 2310?
1,481 sqft (137.6 sqm): a two-bedroom apartment on the 23rd floor of a 36-storey tower completed in 2017.
What is unit 2310 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Reef Residence sold for AED 1,200,000 to 2,000,000 in the last 12 months, around AED 943 per sqft.
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Mortgage on 2310, Reef Residence
Starts from the last sale price (AED 1.3M, 1 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →