2805, Reef Residence
Sold prices and rental history: sold 3 times, last in May 2024, 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 2805, Reef Residence
What is 2805 worth today?
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Source: Dubai Land Department. Updated 22 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 925 sqft
- Floor
- 28th of 36
- Parking
- P1-66
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 13,100 /yr
- Last sold
- AED 855K · May 2024
- Building
- Reef Residence
About 2805, Reef Residence
2805 is a one-bedroom apartment of 925 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. It last sold on 22 May 2024 for AED 855,000, or AED 923 per sqft, 7% above the AED 866 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 29 August 2022, is AED 45,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 13,100 a year.
Sales and rents for 2805 over time
2805 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 2805 sits
All 127 1-beds →2805 last sold in May 2024 at AED 923 per sqft, 7% above what one-beds in Reef Residence were fetching at the time (AED 866). 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. 2805's AED 45,000 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 28th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2801 | Studio | 520 sqft | AED 519KAED 518,533 · Aug 2015August 2015 | 41,000 /yr | |
| 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 | ||
| 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 |
2805, Reef Residence in numbers
- Sold 3 times: first on 27 October 2015 for AED 768,580, last on 22 May 2024 for AED 855,000 (AED 923 per sqft).
- Rented since February 2018 on 4 Ejari contracts, from AED 60,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2024 price is 5.3%, 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 22 May 2024.
Questions about 2805, Reef Residence
What did unit 2805 last sell for?
AED 855,000 on 22 May 2024: AED 923 per sqft for 925 sqft. The unit has 3 registered sales; the first was AED 768,580 in October 2015.
What is the rent for unit 2805?
AED 45,000 a year on the contract signed on 29 August 2022. The previous contract, from August 2022, was AED 45,000; the unit has been rented since February 2018.
How big is unit 2805?
925 sqft (85.9 sqm): a one-bedroom apartment on the 28th floor of a 36-storey tower completed in 2017.
What is unit 2805 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 2805, Reef Residence
Starts from the last sale price (AED 855K, 22 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 855,000
- Deposit, UAE resident (20%)
- AED 171,000
- Deposit, non-resident (40%)
- AED 342,000
- Monthly over 25 years at 3.7%
- AED 3,498
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →