2503, Reef Residence
Sold prices and rental history: sold once, by the developer in August 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 2503, Reef Residence
What is 2503 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 5 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 886 sqft
- Floor
- 25th of 36
- Parking
- B2-81
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 12,600 /yr
- Last sold
- AED 775K · August 2016
- Building
- Reef Residence
About 2503, Reef Residence
2503 is a one-bedroom apartment of 886 sqft on the 25th 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 30 August 2016 for AED 774,792, or AED 874 per sqft, 8% above the AED 806 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 5 January 2026, is AED 82,500 a year: a gross yield of 10.7% on the 2016 price, before the service charge of about AED 12,600 a year.
Sales and rents for 2503 over time
2503 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 2503 sits
All 127 1-beds →2503 last sold in August 2016 at AED 874 per sqft, 8% above 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. 2503's AED 82,500 is at the top 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 25th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | Studio | 520 sqft | AED 550KAED 550,006 · Aug 2016August 2016 | 40,425 /yr | |
| 2502 | Studio | 529 sqft | AED 600KAED 600,000 · Jun 2025June 2025 | 44,000 /yr | |
| 2504 | 2-bed | 1,537 sqft | AED 1.2MAED 1,200,000 · Aug 2023August 2023 | 77,000 /yr | |
| 2505 | 1-bed | 925 sqft | AED 787KAED 787,412 · Sep 2016September 2016 | 70,000 /yr | |
| 2506 | Studio | 503 sqft | AED 545KAED 545,000 · Sep 2016September 2016 | 39,690 /yr | |
| 2507 | Studio | 514 sqft | AED 546KAED 545,820 · Aug 2016August 2016 | 40,000 /yr | |
| 2508 | Studio | 467 sqft | AED 365KAED 365,000 · Jun 2022June 2022 | 45,150 /yr | |
| 2509 | 1-bed | 826 sqft | AED 628KAED 627,750 · May 2016May 2016 | 71,000 /yr | |
| 2510 | 2-bed | 1,481 sqft | AED 1.34MAED 1,341,725 · Apr 2017April 2017 | ||
| 2511 | 1-bed | 798 sqft | AED 602KAED 601,500 · May 2016May 2016 | 70,000 /yr | |
| 2512 | Studio | 515 sqft | AED 546KAED 545,820 · Aug 2016August 2016 | 40,000 /yr |
2503, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 30 August 2016 for AED 774,792, or AED 874 per sqft.
- Rented since December 2018 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2021 and recovered to AED 82,500 by January 2026.
- At AED 82,500 a year the gross yield on the 2016 price is 10.7%, before a service charge of about AED 12,600 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 5 January 2026.
Questions about 2503, Reef Residence
What did unit 2503 last sell for?
AED 774,792 on 30 August 2016, sold by the developer: AED 874 per sqft for 886 sqft. It is the only registered sale of the unit.
What is the rent for unit 2503?
AED 82,500 a year on the contract signed on 5 January 2026. The previous contract, from January 2025, was AED 75,000; the unit has been rented since December 2018.
How big is unit 2503?
886 sqft (82.3 sqm): a one-bedroom apartment on the 25th floor of a 36-storey tower completed in 2017.
What is unit 2503 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 2503? 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 2503, Reef Residence
Starts from the last sale price (AED 775K, 30 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 774,792
- Deposit, UAE resident (20%)
- AED 154,958
- Deposit, non-resident (40%)
- AED 309,917
- Monthly over 25 years at 3.7%
- AED 3,170
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →