Studio · 503 sqftReef Residence, Jumeirah Village Circle (JVC) · 28th floor · completed 2017

2806, Reef Residence

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2806 · DLD and Ejari recordsUpdated 2 July 2026
Last soldAED 462K3 August 2015
Current rentAED 48K /yr2 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2806, Reef Residence

What is 2806 worth today?

Last sold for AED 461,840 in 2015

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2 Jul 2026RentedRenewal
AED 48,000/yr12 months · AED 97 per sqft
2 Jul 2025RentedNew contract
AED 48,000/yr12 months · AED 95 per sqft
2 Jul 2025RentedNew contract
AED 48,000/yr12 months · AED 95 per sqft
20 Jun 2023RentedNew contract
AED 44,520/yr12 months · AED 88 per sqft
7 May 2022RentedNew contract
AED 37,000/yr12 months · AED 73 per sqft
3 Aug 2015Sold by developerOff-plan
AED 461,840AED 918 per sqft

Source: Dubai Land Department. Updated 2 July 2026.

Key facts

Type
Studio apartment
Size
503 sqft
Floor
28th of 36
Parking
P1-30
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 7,100 /yr
Last sold
AED 462K · August 2015

About 2806, Reef Residence

2806 is a studio of 503 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 461,840, or AED 918 per sqft, in line with the AED 914 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 2 July 2026, is AED 48,000 a year: a gross yield of 10.4% on the 2015 price, before the service charge of about AED 7,100 a year.

Sales and rents for 2806 over time

Sales
Unit 2806, each saleTypical studio in Reef Residence
400K20152018202120242027Typical sale price by year: 2015 AED 472,880; 2016 AED 521,995; 2017 AED 540,540; 2018 AED 483,160; 2019 AED 350,000; 2020 AED 340,000; 2021 AED 321,250; 2022 AED 375,000; 2023 AED 401,000; 2024 AED 530,000; 2025 AED 548,750; 2026 AED 540,000Sold by developer, August 2015: AED 461,840 (AED 918 per sqft)

2806 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2806, each contractTypical studio in Reef Residence
40K2018202120242027Typical rent by year: 2018 AED 40,000; 2019 AED 38,000; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 30,000; 2023 AED 36,000; 2024 AED 44,000; 2025 AED 46,452; 2026 AED 45,000New contract, May 2022: AED 37,000 a yearNew contract, June 2023: AED 44,520 a yearNew contract, July 2025: AED 48,000 a yearNew contract, July 2025: AED 48,000 a yearRenewal, July 2026: AED 48,000 a year

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 2806 sits

All 186 studios →

2806 last sold in August 2015 at AED 918 per sqft, in line with 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. 2806's AED 48,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Sep 2026515,000
9 Jul 2026540,000
23 Jun 2026525,000
14 May 2026540,000
7 studio 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 28th floor

All 378 units in Reef Residence
Value
2801StudioAED 519K · Aug 2015
2802StudioAED 529K · Sep 2015
28031-bedAED 758K · Aug 2015
28042-bedAED 1.15M · Apr 2018
28051-bedAED 855K · May 2024
2807StudioAED 473K · Aug 2015
2808StudioAED 535K · Jan 2025
1–7 of 11

2806, Reef Residence in numbers

  • Sold once: by Sama Alkhaleej Real Estate Development Co on 3 August 2015 for AED 461,840, or AED 918 per sqft.
  • Rented since May 2022 on 5 Ejari contracts, from AED 37,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2015 price is 10.4%, before a service charge of about AED 7,100 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 2 July 2026.

Questions about 2806, Reef Residence

What did unit 2806 last sell for?

AED 461,840 on 3 August 2015, sold by the developer: AED 918 per sqft for 503 sqft. It is the only registered sale of the unit.

What is the rent for unit 2806?

AED 48,000 a year on the contract renewed on 2 July 2026. The previous contract, from July 2025, was AED 48,000; the unit has been rented since May 2022.

How big is unit 2806?

503 sqft (46.7 sqm): a studio on the 28th floor of a 36-storey tower completed in 2017.

What is unit 2806 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 2806, Reef Residence

Starts from the last sale price (AED 462K, 3 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 461,840
Deposit, UAE resident (20%)
AED 92,368
Deposit, non-resident (40%)
AED 184,736
Monthly over 25 years at 3.7%
AED 1,890

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