2311, 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.
Property timeline for 2311, Reef Residence
What is 2311 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 13 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 798 sqft
- Floor
- 23rd of 36
- Parking
- B2-75
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 11,300 /yr
- Last sold
- AED 602K · May 2016
- Building
- Reef Residence
About 2311, Reef Residence
2311 is a one-bedroom apartment of 798 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 12 May 2016 for AED 602,250, or AED 754 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 6 Ejari contracts. The current contract, renewed on 13 December 2025, is AED 68,000 a year: a gross yield of 11.3% on the 2016 price, before the service charge of about AED 11,300 a year.
Sales and rents for 2311 over time
2311 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 2311 sits
All 127 1-beds →2311 last sold in May 2016 at AED 754 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. 2311's AED 68,000 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 52K /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 | |
| 2310 | 2-bed | 1,481 sqft | AED 1.3MAED 1,300,000 · Apr 2024April 2024 | 110,000 /yr | |
| 2312 | Studio | 515 sqft | AED 541KAED 540,521 · Aug 2016August 2016 | 41,895 /yr |
2311, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 12 May 2016 for AED 602,250, or AED 754 per sqft.
- Rented since June 2018 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 48,000 in 2019 and recovered to AED 68,000 by December 2025.
- At AED 68,000 a year the gross yield on the 2016 price is 11.3%, before a service charge of about AED 11,300 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 13 December 2025.
Questions about 2311, Reef Residence
What did unit 2311 last sell for?
AED 602,250 on 12 May 2016, sold by the developer: AED 754 per sqft for 798 sqft. It is the only registered sale of the unit.
What is the rent for unit 2311?
AED 68,000 a year on the contract renewed on 13 December 2025. The previous contract, from December 2025, was AED 68,000; the unit has been rented since June 2018.
How big is unit 2311?
798 sqft (74.1 sqm): a one-bedroom apartment on the 23rd floor of a 36-storey tower completed in 2017.
What is unit 2311 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.
Selling 2311? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2311, Reef Residence
Starts from the last sale price (AED 602K, 12 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 602,250
- Deposit, UAE resident (20%)
- AED 120,450
- Deposit, non-resident (40%)
- AED 240,900
- Monthly over 25 years at 3.7%
- AED 2,464
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →