3004, Reef Residence
Sold prices and rental history: sold once, by the developer in May 2015, 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 3004, Reef Residence
What is 3004 worth today?
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Source: Dubai Land Department. Updated 25 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,387 sqft
- Floor
- 30th of 36
- Parking
- B2-01
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 19,700 /yr
- Last sold
- AED 1.31M · May 2015
- Building
- Reef Residence
About 3004, Reef Residence
3004 is a two-bedroom apartment of 1,387 sqft on the 30th 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 1,312,915, or AED 854 per sqft, in line with the AED 844 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 25 November 2025, is AED 110,000 a year: a gross yield of 8.4% on the 2015 price, before the service charge of about AED 19,700 a year.
Sales and rents for 3004 over time
3004 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Reef Residence, and where 3004 sits
All 65 2-beds →3004 last sold in May 2015 at AED 854 per sqft, in line with what two-beds in Reef Residence were fetching at the time (AED 844). Over the last 12 months two-beds sold for AED 1,200,000 to 2,000,000, around AED 943 per sqft, and rent for AED 96,801 to 165,000 a year. 3004's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 1,537 sqft | 1,635,000 | 1,063 | ||
| 23 Jul 202623 July 2026 | 1,537 sqft | 1,580,000 | 1,028 | ||
| 2 Jun 20262 June 2026 | 1,537 sqft | 1,450,000 | 943 | ||
| 1 Jun 20261 June 2026 | 1,481 sqft | 2,000,000 | 1,350 |
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 30th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3001 | Studio | 469 sqft | AED 487KAED 486,788 · May 2015May 2015 | 40,000 /yr | |
| 3002 | Studio | 529 sqft | AED 496KAED 496,168 · May 2015May 2015 | 33,000 /yr | |
| 3003 | 1-bed | 886 sqft | AED 731KAED 731,494 · May 2015May 2015 | 57,000 /yr | |
| 3005 | 1-bed | 925 sqft | AED 742KAED 741,675 · May 2015May 2015 | 66,000 /yr | |
| 3006 | Studio | 454 sqft | AED 446KAED 446,283 · May 2015May 2015 | 40,000 /yr | |
| 3007 | Studio | 464 sqft | AED 457KAED 456,951 · May 2015May 2015 | 42,000 /yr | |
| 3008 | Studio | 467 sqft | AED 430KAED 429,795 · May 2015May 2015 | 40,000 /yr | |
| 3009 | 1-bed | 745 sqft | AED 703KAED 703,151 · May 2015May 2015 | 63,000 /yr | |
| 3010 | 2-bed | 1,337 sqft | AED 1.23MAED 1,234,925 · May 2015May 2015 | 110,000 /yr | |
| 3011 | 1-bed | 798 sqft | AED 713KAED 712,986 · May 2015May 2015 | 50,000 /yr | |
| 3012 | Studio | 515 sqft | AED 483KAED 483,037 · May 2015May 2015 | 35,500 /yr |
3004, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 19 May 2015 for AED 1,312,915, or AED 854 per sqft.
- Rented since March 2018 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2021 and recovered to AED 110,000 by November 2025.
- At AED 110,000 a year the gross yield on the 2015 price is 8.4%, before a service charge of about AED 19,700 a year (AED 14.20 per sqft).
- Two-beds in Reef Residence sold for AED 1,200,000–2,000,000 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 25 November 2025.
Questions about 3004, Reef Residence
What did unit 3004 last sell for?
AED 1,312,915 on 19 May 2015, sold by the developer: AED 854 per sqft for 1,387 sqft. It is the only registered sale of the unit.
What is the rent for unit 3004?
AED 110,000 a year on the contract signed on 25 November 2025. The previous contract, from November 2024, was AED 100,000; the unit has been rented since March 2018.
How big is unit 3004?
1,387 sqft (128.9 sqm): a two-bedroom apartment on the 30th floor of a 36-storey tower completed in 2017.
What is unit 3004 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Reef Residence sold for AED 1,200,000 to 2,000,000 in the last 12 months, around AED 943 per sqft.
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Mortgage on 3004, Reef Residence
Starts from the last sale price (AED 1.31M, 19 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,312,915
- Deposit, UAE resident (20%)
- AED 262,583
- Deposit, non-resident (40%)
- AED 525,166
- Monthly over 25 years at 3.7%
- AED 5,372
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →