2811, Reef Residence
Sold prices and rental history: sold twice, last in October 2023, 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 2811, Reef Residence
What is 2811 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 3 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 798 sqft
- Floor
- 28th of 36
- Parking
- P1-68
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 11,300 /yr
- Last sold
- AED 700K · October 2023
- Building
- Reef Residence
About 2811, Reef Residence
2811 is a one-bedroom apartment of 798 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 3 October 2023 for AED 700,000, or AED 877 per sqft, 12% above the AED 781 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 22 November 2021, is AED 42,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 11,300 a year.
Sales and rents for 2811 over time
2811 has sold twice; 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 2811 sits
All 127 1-beds →2811 last sold in October 2023 at AED 877 per sqft, 12% above what one-beds in Reef Residence were fetching at the time (AED 781). 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. 2811's AED 42,000 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 | ||
| 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 | ||
| 2812 | Studio | 515 sqft | AED 540KAED 540,000 · Jul 2024July 2024 | 54,000 /yr |
2811, Reef Residence in numbers
- Sold twice: first on 27 October 2015 for AED 759,975, last on 3 October 2023 for AED 700,000 (AED 877 per sqft).
- Rented since November 2018 on 4 Ejari contracts, from AED 55,000 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2023 price is 6.0%, 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 3 October 2023.
Questions about 2811, Reef Residence
What did unit 2811 last sell for?
AED 700,000 on 3 October 2023: AED 877 per sqft for 798 sqft. The unit has 2 registered sales; the first was AED 759,975 in October 2015.
What is the rent for unit 2811?
AED 42,000 a year on the contract signed on 22 November 2021. The previous contract, from March 2021, was AED 39,000; the unit has been rented since November 2018.
How big is unit 2811?
798 sqft (74.1 sqm): a one-bedroom apartment on the 28th floor of a 36-storey tower completed in 2017.
What is unit 2811 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.
Selling 2811? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2811, Reef Residence
Starts from the last sale price (AED 700K, 3 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →