3111, Reef Residence
Sold prices and rental history: sold once, by the developer in September 2016, 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 3111, Reef Residence
What is 3111 worth today?
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Source: Dubai Land Department. Updated 2 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 798 sqft
- Floor
- 31st of 36
- Parking
- B1-60
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 11,300 /yr
- Last sold
- AED 778K · September 2016
- Building
- Reef Residence
About 3111, Reef Residence
3111 is a one-bedroom apartment of 798 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 27 September 2016 for AED 778,100, or AED 975 per sqft, 19% above the AED 820 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 2 March 2026, is AED 55,650 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 11,300 a year.
Sales and rents for 3111 over time
3111 has sold once; the dashed line is the one-bed median of each year in the building.
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 3111 sits
All 127 1-beds →3111 last sold in September 2016 at AED 975 per sqft, 19% above what one-beds in Reef Residence were fetching at the time (AED 820). 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. 3111's AED 55,650 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 886 sqft | 840,000 | 948 | ||
| 16 Jul 202616 July 2026 | 886 sqft | 26,488 | 29 | ||
| 8 Jul 20268 July 2026 | 826 sqft | 995,000 | 1,205 | ||
| 15 May 202615 May 2026 | 798 sqft | 810,000 | 1,015 |
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 | |
| 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 | |
| 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 | ||
| 3112 | Studio | 515 sqft | AED 546KAED 545,900 · Mar 2017March 2017 | 52,000 /yr |
3111, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 27 September 2016 for AED 778,100, or AED 975 per sqft.
- Rented since May 2018 on 9 Ejari contracts. The rent fell from AED 63,000 to AED 40,000 in 2020 and recovered to AED 55,650 by March 2026.
- At AED 55,650 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 11,300 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 2 March 2026.
Questions about 3111, Reef Residence
What did unit 3111 last sell for?
AED 778,100 on 27 September 2016, sold by the developer: AED 975 per sqft for 798 sqft. It is the only registered sale of the unit.
What is the rent for unit 3111?
AED 55,650 a year on the contract renewed on 2 March 2026. The previous contract, from March 2025, was AED 53,158; the unit has been rented since May 2018.
How big is unit 3111?
798 sqft (74.1 sqm): a one-bedroom apartment on the 31st floor of a 36-storey tower completed in 2017.
What is unit 3111 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 3111, Reef Residence
Starts from the last sale price (AED 778K, 27 September 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 778,100
- Deposit, UAE resident (20%)
- AED 155,620
- Deposit, non-resident (40%)
- AED 311,240
- Monthly over 25 years at 3.7%
- AED 3,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →