2812, Reef Residence
Sold prices and rental history: sold twice, last in July 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2812, Reef Residence
What is 2812 worth today?
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Source: Dubai Land Department. Updated 17 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 515 sqft
- Floor
- 28th of 36
- Parking
- P1-49
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,300 /yr
- Last sold
- AED 540K · July 2024
- Building
- Reef Residence
About 2812, Reef Residence
2812 is a studio of 515 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 16 July 2024 for AED 540,000, or AED 1,048 per sqft, 12% above the AED 933 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 17 March 2026, is AED 54,000 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 7,300 a year.
Sales and rents for 2812 over time
2812 has sold twice; 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 2812 sits
All 186 studios →2812 last sold in July 2024 at AED 1,048 per sqft, 12% above what studios in Reef Residence were fetching at the time (AED 933). 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. 2812's AED 54,000 is in the upper 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 52K /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 | ||
| 2811 | 1-bed | 798 sqft | AED 700KAED 700,000 · Oct 2023October 2023 | 42,000 /yr |
2812, Reef Residence in numbers
- Sold twice: first on 29 September 2015 for AED 514,537, last on 16 July 2024 for AED 540,000 (AED 1,048 per sqft).
- Rented since August 2024 on 2 Ejari contracts, from AED 128,000 to AED 54,000 a year.
- At AED 54,000 a year the gross yield on the 2024 price is 10.0%, before a service charge of about AED 7,300 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 17 March 2026.
Questions about 2812, Reef Residence
What did unit 2812 last sell for?
AED 540,000 on 16 July 2024: AED 1,048 per sqft for 515 sqft. The unit has 2 registered sales; the first was AED 514,537 in September 2015.
What is the rent for unit 2812?
AED 54,000 a year on the contract signed on 17 March 2026. The previous contract, from August 2024, was AED 128,000.
How big is unit 2812?
515 sqft (47.8 sqm): a studio on the 28th floor of a 36-storey tower completed in 2017.
What is unit 2812 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 2812, Reef Residence
Starts from the last sale price (AED 540K, 16 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 540,000
- Deposit, UAE resident (20%)
- AED 108,000
- Deposit, non-resident (40%)
- AED 216,000
- Monthly over 25 years at 3.7%
- AED 2,209
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →