Studio · 514 sqftReef Residence, Jumeirah Village Circle (JVC) · 31st floor · completed 2017

3107, Reef Residence

Sold prices and rental history: sold 3 times, last in July 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3107 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 570K10 July 2025
Current rentAED 53K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3107, Reef Residence

What is 3107 worth today?

Last sold for AED 570,000 in 2025

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1 Nov 2026RentedRenewal
AED 52,500/yr12 months · AED 102 per sqft
10 Sep 2026RentedNew contract
AED 54,000/yr12 months · AED 105 per sqft
10 Jul 2025SoldReady
AED 570,000AED 1,108 per sqft
1 Nov 2024RentedNew contract
AED 51,000/yr12 months · AED 99 per sqft
14 May 2024SoldReady
AED 535,000AED 1,040 per sqft
7 Oct 2023RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
20 Oct 2022RentedRenewal
AED 30,000/yr12 months · AED 59 per sqft
20 Oct 2021RentedRenewal
AED 28,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
Studio apartment
Size
514 sqft
Floor
31st of 36
Parking
B1-47
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 7,300 /yr
Last sold
AED 570K · July 2025

About 3107, Reef Residence

3107 is a studio of 514 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 July 2025 for AED 570,000, or AED 1,108 per sqft, 3% above the AED 1,073 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 1 November 2026, is AED 52,500 a year: a gross yield of 9.2% on the 2025 price, before the service charge of about AED 7,300 a year.

Sales and rents for 3107 over time

Sales
Unit 3107, each saleTypical studio in Reef Residence
400K600K20152018202120242027Typical sale price by year: 2015 AED 472,880; 2016 AED 521,995; 2017 AED 540,540; 2018 AED 483,160; 2019 AED 350,000; 2020 AED 340,000; 2021 AED 321,250; 2022 AED 375,000; 2023 AED 401,000; 2024 AED 530,000; 2025 AED 548,750; 2026 AED 540,000Sold by developer, March 2017: AED 549,980 (AED 1,069 per sqft)Sold, May 2024: AED 535,000 (AED 1,040 per sqft)Sold, July 2025: AED 570,000 (AED 1,108 per sqft)

3107 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 3107, each contractTypical studio in Reef Residence
20K40K2018202120242027Typical rent by year: 2018 AED 40,000; 2019 AED 38,000; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 30,000; 2023 AED 36,000; 2024 AED 44,000; 2025 AED 46,452; 2026 AED 45,000Renewal, March 2019: AED 40,000 a yearRenewal, March 2020: AED 34,000 a yearNew contract, October 2020: AED 26,000 a yearRenewal, October 2021: AED 28,000 a yearRenewal, October 2022: AED 30,000 a yearNew contract, October 2023: AED 45,000 a yearNew contract, November 2024: AED 51,000 a yearNew contract, September 2026: AED 54,000 a yearRenewal, November 2026: AED 52,500 a year

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 3107 sits

All 186 studios →

3107 last sold in July 2025 at AED 1,108 per sqft, 3% above what studios in Reef Residence were fetching at the time (AED 1,073). 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. 3107's AED 52,500 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Sep 2026515,000
9 Jul 2026540,000
23 Jun 2026525,000
14 May 2026540,000
7 studio 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 31st floor

All 378 units in Reef Residence
Value
3101StudioAED 550K · Apr 2017
3102StudioAED 550K · Feb 2025
31031-bedAED 829K · May 2017
31042-bedAED 1.4M · Jul 2017
31051-bedAED 225K · Sep 2020
3106StudioAED 537K · Feb 2017
3108StudioAED 475K · Aug 2023
1–7 of 11

3107, Reef Residence in numbers

  • Sold 3 times: first on 15 March 2017 for AED 549,980, last on 10 July 2025 for AED 570,000 (AED 1,108 per sqft).
  • Rented since March 2019 on 9 Ejari contracts. The rent fell from AED 40,000 to AED 26,000 in 2020 and recovered to AED 52,500 by November 2026.
  • At AED 52,500 a year the gross yield on the 2025 price is 9.2%, 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 1 November 2026.

Questions about 3107, Reef Residence

What did unit 3107 last sell for?

AED 570,000 on 10 July 2025: AED 1,108 per sqft for 514 sqft. The unit has 3 registered sales; the first was AED 549,980 in March 2017.

What is the rent for unit 3107?

AED 52,500 a year on the contract renewed on 1 November 2026. The previous contract, from September 2026, was AED 54,000; the unit has been rented since March 2019.

How big is unit 3107?

514 sqft (47.8 sqm): a studio on the 31st floor of a 36-storey tower completed in 2017.

What is unit 3107 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 3107, Reef Residence

Starts from the last sale price (AED 570K, 10 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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