2609, Reef Residence
Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2609, Reef Residence
What is 2609 worth today?
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Source: Dubai Land Department. Updated 25 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 26th of 36
- Parking
- P1-20
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 11,700 /yr
- Last sold
- AED 628K · May 2016
- Building
- Reef Residence
About 2609, Reef Residence
2609 is a one-bedroom apartment of 826 sqft on the 26th 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 627,750, or AED 760 per sqft, 6% below the AED 806 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 25 December 2025, is AED 68,000 a year: a gross yield of 10.8% on the 2016 price, before the service charge of about AED 11,700 a year.
Sales and rents for 2609 over time
2609 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 2609 sits
All 127 1-beds →2609 last sold in May 2016 at AED 760 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. 2609'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 26th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | Studio | 520 sqft | AED 553KAED 552,730 · Aug 2016August 2016 | 40,000 /yr | |
| 2602 | Studio | 529 sqft | AED 559KAED 558,538 · Aug 2016August 2016 | 44,100 /yr | |
| 2603 | 1-bed | 886 sqft | AED 850KAED 850,000 · May 2024May 2024 | 50,000 /yr | |
| 2604 | 2-bed | 1,537 sqft | AED 1.58MAED 1,580,000 · Jul 2026July 2026 | 86,000 /yr | |
| 2605 | 1-bed | 925 sqft | AED 815KAED 815,133 · Jul 2016July 2016 | ||
| 2606 | Studio | 503 sqft | AED 547KAED 547,000 · Sep 2016September 2016 | 35,000 /yr | |
| 2607 | Studio | 514 sqft | AED 460KAED 460,000 · May 2018May 2018 | 42,000 /yr | |
| 2608 | Studio | 467 sqft | AED 529KAED 528,772 · Jul 2016July 2016 | 45,000 /yr | |
| 2610 | 2-bed | 1,481 sqft | AED 1.25MAED 1,250,000 · Jan 2023January 2023 | 115,000 /yr | |
| 2611 | 1-bed | 798 sqft | AED 741KAED 741,183 · Jun 2016June 2016 | 65,000 /yr | |
| 2612 | Studio | 515 sqft | AED 548KAED 548,470 · Aug 2016August 2016 | 43,000 /yr |
2609, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 12 May 2016 for AED 627,750, or AED 760 per sqft.
- Rented since March 2019 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 43,800 in 2021 and recovered to AED 68,000 by December 2025.
- At AED 68,000 a year the gross yield on the 2016 price is 10.8%, 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 25 December 2025.
Questions about 2609, Reef Residence
What did unit 2609 last sell for?
AED 627,750 on 12 May 2016, sold by the developer: AED 760 per sqft for 826 sqft. It is the only registered sale of the unit.
What is the rent for unit 2609?
AED 68,000 a year on the contract renewed on 25 December 2025. The previous contract, from December 2024, was AED 68,000; the unit has been rented since March 2019.
How big is unit 2609?
826 sqft (76.7 sqm): a one-bedroom apartment on the 26th floor of a 36-storey tower completed in 2017.
What is unit 2609 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 2609, Reef Residence
Starts from the last sale price (AED 628K, 12 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 627,750
- Deposit, UAE resident (20%)
- AED 125,550
- Deposit, non-resident (40%)
- AED 251,100
- Monthly over 25 years at 3.7%
- AED 2,568
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →