2705, Reef Residence
Sold prices and rental history: sold 3 times, last in June 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2705, Reef Residence
What is 2705 worth today?
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Source: Dubai Land Department. Updated 17 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 925 sqft
- Floor
- 27th of 36
- Parking
- P1-62
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 13,100 /yr
- Last sold
- AED 980K · June 2025
- Building
- Reef Residence
About 2705, Reef Residence
2705 is a one-bedroom apartment of 925 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. It last sold on 11 June 2025 for AED 980,000, or AED 1,058 per sqft, 14% above the AED 929 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 17 June 2026, is AED 70,000 a year: a gross yield of 7.1% on the 2025 price, before the service charge of about AED 13,100 a year.
Sales and rents for 2705 over time
2705 has sold 3 times; 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 2705 sits
All 127 1-beds →2705 last sold in June 2025 at AED 1,058 per sqft, 14% above what one-beds in Reef Residence were fetching at the time (AED 929). 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. 2705's AED 70,000 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 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 | |
| 2704 | 2-bed | 1,537 sqft | AED 1.36MAED 1,355,000 · Jun 2017June 2017 | 130,000 /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 |
2705, Reef Residence in numbers
- Sold 3 times: first on 27 October 2015 for AED 728,947, last on 11 June 2025 for AED 980,000 (AED 1,058 per sqft).
- Rented since September 2020 on 5 Ejari contracts, from AED 40,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2025 price is 7.1%, before a service charge of about AED 13,100 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 17 June 2026.
Questions about 2705, Reef Residence
What did unit 2705 last sell for?
AED 980,000 on 11 June 2025: AED 1,058 per sqft for 925 sqft. The unit has 3 registered sales; the first was AED 728,947 in October 2015.
What is the rent for unit 2705?
AED 70,000 a year on the contract renewed on 17 June 2026. The previous contract, from June 2025, was AED 73,000; the unit has been rented since September 2020.
How big is unit 2705?
925 sqft (85.9 sqm): a one-bedroom apartment on the 27th floor of a 36-storey tower completed in 2017.
What is unit 2705 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 2705, Reef Residence
Starts from the last sale price (AED 980K, 11 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 980,000
- Deposit, UAE resident (20%)
- AED 196,000
- Deposit, non-resident (40%)
- AED 392,000
- Monthly over 25 years at 3.7%
- AED 4,009
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →