3102, Reef Residence
Sold prices and rental history: sold twice, last in February 2025, 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 3102, Reef Residence
What is 3102 worth today?
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Source: Dubai Land Department. Updated 25 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 529 sqft
- Floor
- 31st of 36
- Parking
- B1-49
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,500 /yr
- Last sold
- AED 550K · February 2025
- Building
- Reef Residence
About 3102, Reef Residence
3102 is a studio of 529 sqft on the 31st 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 10 February 2025 for AED 550,000, or AED 1,040 per sqft, in line with the AED 1,048 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 25 October 2026, is AED 48,000 a year: a gross yield of 8.7% on the 2025 price, before the service charge of about AED 7,500 a year.
Sales and rents for 3102 over time
3102 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 3102 sits
All 186 studios →3102 last sold in February 2025 at AED 1,040 per sqft, in line with 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. 3102's AED 48,000 is in the lower 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 53K /yr
- Typical yield
- 8.3%
Other units on the 31st floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3101 | Studio | 520 sqft | AED 550KAED 550,140 · Apr 2017April 2017 | 48,000 /yr | |
| 3103 | 1-bed | 886 sqft | AED 829KAED 829,021 · May 2017May 2017 | 50,000 /yr | |
| 3104 | 2-bed | 1,537 sqft | AED 1.4MAED 1,400,000 · Jul 2017July 2017 | ||
| 3105 | 1-bed | 925 sqft | AED 225KAED 225,000 · Sep 2020September 2020 | 62,000 /yr | |
| 3106 | Studio | 503 sqft | AED 537KAED 537,140 · Feb 2017February 2017 | 42,000 /yr | |
| 3107 | Studio | 514 sqft | AED 570KAED 570,000 · Jul 2025July 2025 | 52,500 /yr | |
| 3108 | Studio | 467 sqft | AED 475KAED 475,000 · Aug 2023August 2023 | 40,000 /yr | |
| 3109 | 1-bed | 826 sqft | AED 838KAED 838,000 · Jun 2025June 2025 | ||
| 3110 | 2-bed | 1,481 sqft | AED 1.3MAED 1,298,745 · Dec 2017December 2017 | ||
| 3111 | 1-bed | 798 sqft | AED 778KAED 778,100 · Sep 2016September 2016 | 55,650 /yr | |
| 3112 | Studio | 515 sqft | AED 546KAED 545,900 · Mar 2017March 2017 | 52,000 /yr |
3102, Reef Residence in numbers
- Sold twice: first on 20 December 2016 for AED 560,740, last on 10 February 2025 for AED 550,000 (AED 1,040 per sqft).
- Rented since June 2018 on 4 Ejari contracts. The rent fell from AED 45,000 to AED 25,000 in 2021 and recovered to AED 48,000 by October 2026.
- At AED 48,000 a year the gross yield on the 2025 price is 8.7%, before a service charge of about AED 7,500 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 25 October 2026.
Questions about 3102, Reef Residence
What did unit 3102 last sell for?
AED 550,000 on 10 February 2025: AED 1,040 per sqft for 529 sqft. The unit has 2 registered sales; the first was AED 560,740 in December 2016.
What is the rent for unit 3102?
AED 48,000 a year on the contract renewed on 25 October 2026. The previous contract, from October 2025, was AED 50,000; the unit has been rented since June 2018.
How big is unit 3102?
529 sqft (49.1 sqm): a studio on the 31st floor of a 36-storey tower completed in 2017.
What is unit 3102 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 3102, Reef Residence
Starts from the last sale price (AED 550K, 10 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →