1-bed · 720 sqftReef Residence, Jumeirah Village Circle (JVC) · 29th floor · completed 2017

2911, Reef Residence

Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2911 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 705K19 May 2015
Current rentAED 60K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2911, Reef Residence

What is 2911 worth today?

Last sold for AED 705,367 in 2015

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1 Aug 2026RentedNew contract
AED 60,000/yr12 months · AED 75 per sqft
15 Jul 2025RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
15 Jul 2025RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
6 Jun 2024RentedRenewal
AED 60,000/yr12 months · AED 75 per sqft
25 May 2023RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft
19 May 2015Sold by developerOff-plan
AED 705,367AED 884 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
720 sqft
Floor
29th of 36
Parking
P1-17
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 10,200 /yr
Last sold
AED 705K · May 2015

About 2911, Reef Residence

2911 is a one-bedroom apartment of 720 sqft on the 29th 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 19 May 2015 for AED 705,367, or AED 884 per sqft, 8% above the AED 816 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 1 August 2026, is AED 60,000 a year: a gross yield of 8.5% on the 2015 price, before the service charge of about AED 10,200 a year.

Sales and rents for 2911 over time

Sales
Unit 2911, each saleTypical one-bed in Reef Residence
400K600K800K20152018202120242027Typical sale price by year: 2015 AED 727,858; 2016 AED 697,394; 2017 AED 837,517; 2018 AED 687,500; 2019 AED 675,000; 2020 AED 466,500; 2021 AED 500,000; 2022 AED 580,000; 2023 AED 700,000; 2024 AED 802,500; 2025 AED 850,000; 2026 AED 880,000Sold by developer, May 2015: AED 705,367 (AED 884 per sqft)

2911 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2911, each contractTypical one-bed in Reef Residence
40K60K2018202120242027Typical rent by year: 2018 AED 60,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 45,000; 2023 AED 50,000; 2024 AED 67,818; 2025 AED 70,000; 2026 AED 70,000New contract, May 2023: AED 55,000 a yearRenewal, June 2024: AED 60,000 a yearNew contract, July 2025: AED 65,000 a yearNew contract, July 2025: AED 65,000 a yearNew contract, August 2026: AED 60,000 a year

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 2911 sits

All 127 1-beds →

2911 last sold in May 2015 at AED 884 per sqft, 8% above what one-beds in Reef Residence were fetching at the time (AED 816). 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. 2911's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Sep 2026840,000
16 Jul 202626,488
8 Jul 2026995,000
15 May 2026810,000
8 1-bed 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 29th floor

All 378 units in Reef Residence
Value
2901StudioAED 390K · Jun 2023
2902StudioAED 410K · Nov 2023
29031-bedAED 723K · May 2015
29042-bedAED 1.3M · May 2015
29051-bedAED 733K · May 2015
2906StudioAED 370K · Mar 2023
2907StudioAED 452K · May 2015
1–7 of 11

2911, Reef Residence in numbers

  • Sold once: by Sama Alkhaleej Real Estate Development Co on 19 May 2015 for AED 705,367, or AED 884 per sqft.
  • Rented since May 2023 on 5 Ejari contracts, from AED 55,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 8.5%, before a service charge of about AED 10,200 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 1 August 2026.

Questions about 2911, Reef Residence

What did unit 2911 last sell for?

AED 705,367 on 19 May 2015, sold by the developer: AED 884 per sqft for 720 sqft. It is the only registered sale of the unit.

What is the rent for unit 2911?

AED 60,000 a year on the contract signed on 1 August 2026. The previous contract, from July 2025, was AED 65,000; the unit has been rented since May 2023.

How big is unit 2911?

720 sqft (66.9 sqm): a one-bedroom apartment on the 29th floor of a 36-storey tower completed in 2017.

What is unit 2911 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 2911, Reef Residence

Starts from the last sale price (AED 705K, 19 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 705,367
Deposit, UAE resident (20%)
AED 141,073
Deposit, non-resident (40%)
AED 282,147
Monthly over 25 years at 3.7%
AED 2,886

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