2-bed · 1,481 sqftReef Residence, Jumeirah Village Circle (JVC) · 27th floor · completed 2017

2710, Reef Residence

Sold prices and rental history: sold twice, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2710 · DLD and Ejari recordsUpdated 24 June 2024
Last soldAED 1.41M24 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2710, Reef Residence

What is 2710 worth today?

Last sold for AED 1,410,000 in 2024

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24 Jun 2024SoldReady
AED 1,410,000AED 951 per sqft
20 Apr 2017Sold by developerOff-plan
AED 1,317,635AED 889 per sqft

Source: Dubai Land Department. Updated 24 June 2024.

Key facts

Type
2-bed apartment
Size
1,481 sqft
Floor
27th of 36
Parking
P2-02
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 21,000 /yr
Last sold
AED 1.41M · June 2024

About 2710, Reef Residence

2710 is a two-bedroom apartment of 1,481 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 24 June 2024 for AED 1,410,000, or AED 951 per sqft, 8% above the AED 877 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2710 over time

Sales
Unit 2710, each saleTypical two-bed in Reef Residence
1M1.25M1.5M20152018202120242027Typical sale price by year: 2015 AED 1,242,995; 2016 AED 1,206,534; 2017 AED 1,324,880; 2018 AED 1,250,000; 2022 AED 1,000,000; 2023 AED 1,250,000; 2024 AED 1,350,000; 2026 AED 1,450,000Sold by developer, April 2017: AED 1,317,635 (AED 889 per sqft)Sold, June 2024: AED 1,410,000 (AED 951 per sqft)

2710 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2710, each contractTypical two-bed in Reef Residence
75K100K125K2018202120242027Typical rent by year: 2018 AED 95,000; 2019 AED 88,000; 2020 AED 71,000; 2021 AED 70,000; 2022 AED 77,000; 2023 AED 86,512; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 120,000

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 2710 sits

All 65 2-beds →

2710 last sold in June 2024 at AED 951 per sqft, 8% above what two-beds in Reef Residence were fetching at the time (AED 877). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Sep 20261,635,000
23 Jul 20261,580,000
2 Jun 20261,450,000
1 Jun 20262,000,000
7 2-bed sales in the last 12 months

Reef Residence

Building

378 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%
Reef Residence, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 27th floor

All 378 units in Reef Residence
Value
2701StudioAED 525K · Feb 2018
2702StudioAED 555K · Feb 2017
27031-bedAED 715K · Mar 2024
27042-bedAED 1.36M · Jun 2017
27051-bedAED 980K · Jun 2025
2706StudioAED 510K · May 2024
2707StudioAED 320K · Aug 2021
1–7 of 11

2710, Reef Residence in numbers

  • Sold twice: first on 20 April 2017 for AED 1,317,635, last on 24 June 2024 for AED 1,410,000 (AED 951 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 24 June 2024.

Questions about 2710, Reef Residence

What did unit 2710 last sell for?

AED 1,410,000 on 24 June 2024: AED 951 per sqft for 1,481 sqft. The unit has 2 registered sales; the first was AED 1,317,635 in April 2017.

How big is unit 2710?

1,481 sqft (137.6 sqm): a two-bedroom apartment on the 27th floor of a 36-storey tower completed in 2017.

What is unit 2710 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 2710, Reef Residence

Starts from the last sale price (AED 1.41M, 24 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,410,000
Deposit, UAE resident (20%)
AED 282,000
Deposit, non-resident (40%)
AED 564,000
Monthly over 25 years at 3.7%
AED 5,769

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →