2711, Reef Residence
Sold prices and rental history: sold once, by the developer in December 2015, 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 2711, Reef Residence
What is 2711 worth today?
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Source: Dubai Land Department. Updated 17 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 798 sqft
- Floor
- 27th of 36
- Parking
- P1-64
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 11,300 /yr
- Last sold
- AED 730K · December 2015
- Building
- Reef Residence
About 2711, Reef Residence
2711 is a one-bedroom apartment of 798 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 27 December 2015 for AED 729,820, or AED 914 per sqft, 8% above the AED 849 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 17 September 2026, is AED 55,000 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 11,300 a year.
Sales and rents for 2711 over time
2711 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 2711 sits
All 127 1-beds →2711 last sold in December 2015 at AED 914 per sqft, 8% above what one-beds in Reef Residence were fetching at the time (AED 849). 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. 2711's AED 55,000 is in the lower 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 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 | |
| 2704 | 2-bed | 1,537 sqft | AED 1.36MAED 1,355,000 · Jun 2017June 2017 | 130,000 /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 | ||
| 2712 | Studio | 515 sqft | AED 525KAED 525,000 · Jun 2017June 2017 | 45,000 /yr |
2711, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 27 December 2015 for AED 729,820, or AED 914 per sqft.
- Rented since June 2018 on 9 Ejari contracts. The rent fell from AED 56,000 to AED 38,000 in 2021 and recovered to AED 55,000 by September 2026.
- At AED 55,000 a year the gross yield on the 2015 price is 7.5%, before a service charge of about AED 11,300 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 September 2026.
Questions about 2711, Reef Residence
What did unit 2711 last sell for?
AED 729,820 on 27 December 2015, sold by the developer: AED 914 per sqft for 798 sqft. It is the only registered sale of the unit.
What is the rent for unit 2711?
AED 55,000 a year on the contract renewed on 17 September 2026. The previous contract, from September 2025, was AED 55,000; the unit has been rented since June 2018.
How big is unit 2711?
798 sqft (74.1 sqm): a one-bedroom apartment on the 27th floor of a 36-storey tower completed in 2017.
What is unit 2711 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 2711, Reef Residence
Starts from the last sale price (AED 730K, 27 December 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 729,820
- Deposit, UAE resident (20%)
- AED 145,964
- Deposit, non-resident (40%)
- AED 291,928
- Monthly over 25 years at 3.7%
- AED 2,986
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →