Studio · 467 sqftReef Residence, Jumeirah Village Circle (JVC) · 28th floor · completed 2017

2808, Reef Residence

Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2808 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 535K20 January 2025
Current rentAED 52K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2808, Reef Residence

What is 2808 worth today?

Last sold for AED 535,000 in 2025

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1 Sep 2026RentedRenewal
AED 52,000/yr12 months · AED 112 per sqft
1 Sep 2025RentedNew contract
AED 55,000/yr12 months · AED 119 per sqft
21 Feb 2025RentedNew contract
AED 49,000/yr12 months · AED 105 per sqft
20 Jan 2025SoldReady
AED 535,000AED 1,144 per sqft
15 May 2023RentedNew contract
AED 40,000/yr12 months · AED 86 per sqft
19 Apr 2023SoldReady
AED 418,000AED 894 per sqft
25 Jun 2020RentedNew contract
AED 31,000/yr12 months · AED 66 per sqft
25 Jun 2019RentedNew contract
AED 33,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
467 sqft
Floor
28th of 36
Parking
P1-50
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 6,600 /yr
Last sold
AED 535K · January 2025

About 2808, Reef Residence

2808 is a studio of 467 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 20 January 2025 for AED 535,000, or AED 1,144 per sqft, 9% above the AED 1,048 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 52,000 a year: a gross yield of 9.7% on the 2025 price, before the service charge of about AED 6,600 a year.

Sales and rents for 2808 over time

Sales
Unit 2808, 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 444,600 (AED 951 per sqft)Sold, April 2023: AED 418,000 (AED 894 per sqft)Sold, January 2025: AED 535,000 (AED 1,144 per sqft)

2808 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2808, each contractTypical studio in Reef Residence
20K40K60K2018202120242027Typical 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, June 2019: AED 33,000 a yearNew contract, June 2020: AED 31,000 a yearNew contract, May 2023: AED 40,000 a yearNew contract, February 2025: AED 49,000 a yearNew contract, September 2025: AED 55,000 a yearRenewal, September 2026: AED 52,000 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 2808 sits

All 186 studios →

2808 last sold in January 2025 at AED 1,144 per sqft, 9% above what studios in Reef Residence were fetching at the time (AED 1,048). 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. 2808's AED 52,000 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
2806StudioAED 462K · Aug 2015
2807StudioAED 473K · Aug 2015
1–7 of 11

2808, Reef Residence in numbers

  • Sold 3 times: first on 3 August 2015 for AED 444,600, last on 20 January 2025 for AED 535,000 (AED 1,144 per sqft).
  • Rented since June 2019 on 6 Ejari contracts, from AED 33,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2025 price is 9.7%, before a service charge of about AED 6,600 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 September 2026.

Questions about 2808, Reef Residence

What did unit 2808 last sell for?

AED 535,000 on 20 January 2025: AED 1,144 per sqft for 467 sqft. The unit has 3 registered sales; the first was AED 444,600 in August 2015.

What is the rent for unit 2808?

AED 52,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 55,000; the unit has been rented since June 2019.

How big is unit 2808?

467 sqft (43.4 sqm): a studio on the 28th floor of a 36-storey tower completed in 2017.

What is unit 2808 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 2808, Reef Residence

Starts from the last sale price (AED 535K, 20 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 535,000
Deposit, UAE resident (20%)
AED 107,000
Deposit, non-resident (40%)
AED 214,000
Monthly over 25 years at 3.7%
AED 2,189

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