3106, Reef Residence
Sold prices and rental history: sold once, by the developer in February 2017, 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 3106, Reef Residence
What is 3106 worth today?
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Source: Dubai Land Department. Updated 10 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 503 sqft
- Floor
- 31st of 36
- Parking
- B1-48
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,100 /yr
- Last sold
- AED 537K · February 2017
- Building
- Reef Residence
About 3106, Reef Residence
3106 is a studio of 503 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. The developer sold it on 16 February 2017 for AED 537,140, or AED 1,068 per sqft, in line with the AED 1,038 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 10 February 2025, is AED 42,000 a year: a gross yield of 7.8% on the 2017 price, before the service charge of about AED 7,100 a year.
Sales and rents for 3106 over time
3106 has sold once; 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 3106 sits
All 186 studios →3106 last sold in February 2017 at AED 1,068 per sqft, in line with what studios in Reef Residence were fetching at the time (AED 1,038). 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. 3106's AED 42,000 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 52K /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 | |
| 3102 | Studio | 529 sqft | AED 550KAED 550,000 · Feb 2025February 2025 | 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 | |
| 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 |
3106, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 16 February 2017 for AED 537,140, or AED 1,068 per sqft.
- Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 23,000 in 2021 and recovered to AED 42,000 by February 2025.
- At AED 42,000 a year the gross yield on the 2017 price is 7.8%, before a service charge of about AED 7,100 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 10 February 2025.
Questions about 3106, Reef Residence
What did unit 3106 last sell for?
AED 537,140 on 16 February 2017, sold by the developer: AED 1,068 per sqft for 503 sqft. It is the only registered sale of the unit.
What is the rent for unit 3106?
AED 42,000 a year on the contract renewed on 10 February 2025. The previous contract, from February 2024, was AED 40,000; the unit has been rented since February 2018.
How big is unit 3106?
503 sqft (46.7 sqm): a studio on the 31st floor of a 36-storey tower completed in 2017.
What is unit 3106 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 3106, Reef Residence
Starts from the last sale price (AED 537K, 16 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 537,140
- Deposit, UAE resident (20%)
- AED 107,428
- Deposit, non-resident (40%)
- AED 214,856
- Monthly over 25 years at 3.7%
- AED 2,198
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →