2409, Reef Residence
Sold prices and rental history: sold twice, last in October 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 2409, Reef Residence
What is 2409 worth today?
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Source: Dubai Land Department. Updated 20 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 24th of 36
- Parking
- B2-78
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 11,700 /yr
- Last sold
- AED 780K · October 2024
- Building
- Reef Residence
About 2409, Reef Residence
2409 is a one-bedroom apartment of 826 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 1 October 2024 for AED 780,000, or AED 944 per sqft, in line with the AED 921 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 20 October 2025, is AED 64,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 11,700 a year.
Sales and rents for 2409 over time
2409 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 2409 sits
All 127 1-beds →2409 last sold in October 2024 at AED 944 per sqft, in line with what one-beds in Reef Residence were fetching at the time (AED 921). 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. 2409's AED 64,000 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 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 | |
| 2403 | 1-bed | 886 sqft | AED 850KAED 850,000 · Jul 2025July 2025 | ||
| 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 | |
| 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 |
2409, Reef Residence in numbers
- Sold twice: first on 24 May 2016 for AED 732,509, last on 1 October 2024 for AED 780,000 (AED 944 per sqft).
- Rented since April 2018 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 40,000 in 2022 and recovered to AED 64,000 by October 2025.
- At AED 64,000 a year the gross yield on the 2024 price is 8.2%, 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 2025.
Questions about 2409, Reef Residence
What did unit 2409 last sell for?
AED 780,000 on 1 October 2024: AED 944 per sqft for 826 sqft. The unit has 2 registered sales; the first was AED 732,509 in May 2016.
What is the rent for unit 2409?
AED 64,000 a year on the contract signed on 20 October 2025. The previous contract, from May 2024, was AED 48,400; the unit has been rented since April 2018.
How big is unit 2409?
826 sqft (76.7 sqm): a one-bedroom apartment on the 24th floor of a 36-storey tower completed in 2017.
What is unit 2409 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 2409, Reef Residence
Starts from the last sale price (AED 780K, 1 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 780,000
- Deposit, UAE resident (20%)
- AED 156,000
- Deposit, non-resident (40%)
- AED 312,000
- Monthly over 25 years at 3.7%
- AED 3,191
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →