2704, Reef Residence
Sold prices and rental history: sold once, by the developer in June 2017, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2704, Reef Residence
What is 2704 worth today?
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Source: Dubai Land Department. Updated 6 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,537 sqft
- Floor
- 27th of 36
- Parking
- P2-85
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 21,800 /yr
- Last sold
- AED 1.36M · June 2017
- Building
- Reef Residence
About 2704, Reef Residence
2704 is a two-bedroom apartment of 1,537 sqft on the 27th 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 21 June 2017 for AED 1,355,000, or AED 881 per sqft, 5% above the AED 840 two-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 6 December 2025, is AED 130,000 a year: a gross yield of 9.6% on the 2017 price, before the service charge of about AED 21,800 a year.
Sales and rents for 2704 over time
2704 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Reef Residence, and where 2704 sits
All 65 2-beds →2704 last sold in June 2017 at AED 881 per sqft, 5% above what two-beds in Reef Residence were fetching at the time (AED 840). Over the last 12 months two-beds sold for AED 1,200,000 to 2,000,000, around AED 943 per sqft, and rent for AED 96,801 to 165,000 a year. 2704's AED 130,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 1,537 sqft | 1,635,000 | 1,063 | ||
| 23 Jul 202623 July 2026 | 1,537 sqft | 1,580,000 | 1,028 | ||
| 2 Jun 20262 June 2026 | 1,537 sqft | 1,450,000 | 943 | ||
| 1 Jun 20261 June 2026 | 1,481 sqft | 2,000,000 | 1,350 |
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 27th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2701 | Studio | 520 sqft | AED 525KAED 525,000 · Feb 2018February 2018 | 43,000 /yr | |
| 2702 | Studio | 529 sqft | AED 555KAED 555,450 · Feb 2017February 2017 | 50,000 /yr | |
| 2703 | 1-bed | 886 sqft | AED 715KAED 715,000 · Mar 2024March 2024 | 48,000 /yr | |
| 2705 | 1-bed | 925 sqft | AED 980KAED 980,000 · Jun 2025June 2025 | 70,000 /yr | |
| 2706 | Studio | 503 sqft | AED 510KAED 510,000 · May 2024May 2024 | 43,000 /yr | |
| 2707 | Studio | 514 sqft | AED 320KAED 320,000 · Aug 2021August 2021 | 50,000 /yr | |
| 2708 | Studio | 467 sqft | AED 450KAED 450,000 · Nov 2023November 2023 | 60,000 /yr | |
| 2709 | 1-bed | 826 sqft | AED 741KAED 741,415 · Jun 2015June 2015 | 70,000 /yr | |
| 2710 | 2-bed | 1,481 sqft | AED 1.41MAED 1,410,000 · Jun 2024June 2024 | ||
| 2711 | 1-bed | 798 sqft | AED 730KAED 729,820 · Dec 2015December 2015 | 55,000 /yr | |
| 2712 | Studio | 515 sqft | AED 525KAED 525,000 · Jun 2017June 2017 | 45,000 /yr |
2704, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 21 June 2017 for AED 1,355,000, or AED 881 per sqft.
- Rented since November 2023 on 2 Ejari contracts, at AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2017 price is 9.6%, before a service charge of about AED 21,800 a year (AED 14.20 per sqft).
- Two-beds in Reef Residence sold for AED 1,200,000–2,000,000 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 6 December 2025.
Questions about 2704, Reef Residence
What did unit 2704 last sell for?
AED 1,355,000 on 21 June 2017, sold by the developer: AED 881 per sqft for 1,537 sqft. It is the only registered sale of the unit.
What is the rent for unit 2704?
AED 130,000 a year on the contract renewed on 6 December 2025. The previous contract, from November 2023, was AED 130,000.
How big is unit 2704?
1,537 sqft (142.8 sqm): a two-bedroom apartment on the 27th floor of a 36-storey tower completed in 2017.
What is unit 2704 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Reef Residence sold for AED 1,200,000 to 2,000,000 in the last 12 months, around AED 943 per sqft.
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Mortgage on 2704, Reef Residence
Starts from the last sale price (AED 1.36M, 21 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,355,000
- Deposit, UAE resident (20%)
- AED 271,000
- Deposit, non-resident (40%)
- AED 542,000
- Monthly over 25 years at 3.7%
- AED 5,544
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →