2801, Reef Residence
Sold prices and rental history: sold once, by the developer in August 2015, and rented once, from October 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2801, Reef Residence
What is 2801 worth today?
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Source: Dubai Land Department. Updated 1 October 2018.
Key facts
- Type
- Studio apartment
- Size
- 520 sqft
- Floor
- 28th of 36
- Parking
- P1-28
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,400 /yr
- Last sold
- AED 519K · August 2015
- Building
- Reef Residence
About 2801, Reef Residence
2801 is a studio of 520 sqft on the 28th 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 3 August 2015 for AED 518,533, or AED 997 per sqft, 9% above the AED 914 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 October 2018. The current contract, signed on 1 October 2018, is AED 41,000 a year: a gross yield of 7.9% on the 2015 price, before the service charge of about AED 7,400 a year.
Sales and rents for 2801 over time
2801 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Reef Residence, and where 2801 sits
All 186 studios →2801 last sold in August 2015 at AED 997 per sqft, 9% above what studios in Reef Residence were fetching at the time (AED 914). Over the last 12 months studios sold for AED 515,000 to 595,000, around AED 1,040 per sqft, and rent for AED 30,000 to 75,600 a year. 2801's AED 41,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 503 sqft | 515,000 | 1,024 | ||
| 9 Jul 20269 July 2026 | 520 sqft | 540,000 | 1,038 | ||
| 23 Jun 202623 June 2026 | 514 sqft | 525,000 | 1,021 | ||
| 14 May 202614 May 2026 | 467 sqft | 540,000 | 1,155 |
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 28th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2802 | Studio | 529 sqft | AED 529KAED 528,524 · Sep 2015September 2015 | 32,900 /yr | |
| 2803 | 1-bed | 886 sqft | AED 758KAED 757,660 · Aug 2015August 2015 | 71,000 /yr | |
| 2804 | 2-bed | 1,537 sqft | AED 1.15MAED 1,150,000 · Apr 2018April 2018 | ||
| 2805 | 1-bed | 925 sqft | AED 855KAED 855,000 · May 2024May 2024 | 45,000 /yr | |
| 2806 | Studio | 503 sqft | AED 462KAED 461,840 · Aug 2015August 2015 | 48,000 /yr | |
| 2807 | Studio | 514 sqft | AED 473KAED 472,880 · Aug 2015August 2015 | 54,000 /yr | |
| 2808 | Studio | 467 sqft | AED 535KAED 535,000 · Jan 2025January 2025 | 52,000 /yr | |
| 2809 | 1-bed | 826 sqft | AED 740KAED 740,036 · Aug 2015August 2015 | 65,000 /yr | |
| 2810 | 2-bed | 1,481 sqft | AED 1.31MAED 1,310,000 · May 2017May 2017 | ||
| 2811 | 1-bed | 798 sqft | AED 700KAED 700,000 · Oct 2023October 2023 | 42,000 /yr | |
| 2812 | Studio | 515 sqft | AED 540KAED 540,000 · Jul 2024July 2024 | 54,000 /yr |
2801, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 3 August 2015 for AED 518,533, or AED 997 per sqft.
- Rented since October 2018 on one Ejari contract, at AED 41,000 a year.
- At AED 41,000 a year the gross yield on the 2015 price is 7.9%, before a service charge of about AED 7,400 a year (AED 14.20 per sqft).
- Studios in Reef Residence sold for AED 515,000–595,000 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 1 October 2018.
Questions about 2801, Reef Residence
What did unit 2801 last sell for?
AED 518,533 on 3 August 2015, sold by the developer: AED 997 per sqft for 520 sqft. It is the only registered sale of the unit.
What is the rent for unit 2801?
AED 41,000 a year on the contract signed on 1 October 2018.
How big is unit 2801?
520 sqft (48.3 sqm): a studio on the 28th floor of a 36-storey tower completed in 2017.
What is unit 2801 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Reef Residence sold for AED 515,000 to 595,000 in the last 12 months, around AED 1,040 per sqft.
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Mortgage on 2801, Reef Residence
Starts from the last sale price (AED 519K, 3 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 518,533
- Deposit, UAE resident (20%)
- AED 103,707
- Deposit, non-resident (40%)
- AED 207,413
- Monthly over 25 years at 3.7%
- AED 2,121
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →