2403, Reef Residence
Sold prices and rental history: sold twice, last in July 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2403, Reef Residence
What is 2403 worth today?
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Source: Dubai Land Department. Updated 21 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 886 sqft
- Floor
- 24th of 36
- Parking
- B2-76
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 12,600 /yr
- Last sold
- AED 850K · July 2025
- Building
- Reef Residence
About 2403, Reef Residence
2403 is a one-bedroom apartment of 886 sqft on the 24th 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 21 July 2025 for AED 850,000, or AED 959 per sqft, in line with the AED 942 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2403 over time
2403 has sold twice; 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 2403 sits
All 127 1-beds →2403 last sold in July 2025 at AED 959 per sqft, in line with what one-beds in Reef Residence were fetching at the time (AED 942). 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.
| 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 24th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | Studio | 520 sqft | AED 510KAED 510,000 · Feb 2018February 2018 | 43,000 /yr | |
| 2402 | Studio | 529 sqft | AED 500KAED 500,000 · Feb 2024February 2024 | 49,000 /yr | |
| 2404 | 2-bed | 1,537 sqft | AED 1.32MAED 1,315,805 · Oct 2016October 2016 | ||
| 2405 | 1-bed | 925 sqft | AED 783KAED 782,698 · Sep 2016September 2016 | 65,000 /yr | |
| 2406 | Studio | 503 sqft | AED 350KAED 350,000 · Feb 2022February 2022 | 60,000 /yr | |
| 2407 | Studio | 514 sqft | AED 560KAED 559,970 · Apr 2016April 2016 | 60,000 /yr | |
| 2408 | Studio | 467 sqft | AED 490KAED 490,000 · Aug 2017August 2017 | 52,000 /yr | |
| 2409 | 1-bed | 826 sqft | AED 780KAED 780,000 · Oct 2024October 2024 | 64,000 /yr | |
| 2410 | 2-bed | 1,481 sqft | AED 1.29MAED 1,293,600 · May 2017May 2017 | 70,000 /yr | |
| 2411 | 1-bed | 798 sqft | AED 602KAED 602,250 · May 2016May 2016 | 70,000 /yr | |
| 2412 | Studio | 515 sqft | AED 543KAED 543,171 · Aug 2016August 2016 | 42,446 /yr |
2403, Reef Residence in numbers
- Sold twice: first on 24 May 2016 for AED 785,926, last on 21 July 2025 for AED 850,000 (AED 959 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 21 July 2025.
Questions about 2403, Reef Residence
What did unit 2403 last sell for?
AED 850,000 on 21 July 2025: AED 959 per sqft for 886 sqft. The unit has 2 registered sales; the first was AED 785,926 in May 2016.
How big is unit 2403?
886 sqft (82.3 sqm): a one-bedroom apartment on the 24th floor of a 36-storey tower completed in 2017.
What is unit 2403 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 2403, Reef Residence
Starts from the last sale price (AED 850K, 21 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →