3201, Reef Residence
Sold prices and rental history: sold twice, last in June 2018, 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 3201, Reef Residence
What is 3201 worth today?
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Source: Dubai Land Department. Updated 3 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 520 sqft
- Floor
- 32nd of 36
- Parking
- B1-18
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,400 /yr
- Last sold
- AED 470K · June 2018
- Building
- Reef Residence
About 3201, Reef Residence
3201 is a studio of 520 sqft on the 32nd 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 20 June 2018 for AED 470,000, or AED 904 per sqft, 10% below the AED 1,008 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 3 November 2025, is AED 48,000 a year: a gross yield of 10.2% on the 2018 price, before the service charge of about AED 7,400 a year.
Sales and rents for 3201 over time
3201 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 3201 sits
All 186 studios →3201 last sold in June 2018 at AED 904 per sqft, 10% below what studios in Reef Residence were fetching at the time (AED 1,008). 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. 3201'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 32nd floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3202 | Studio | 529 sqft | AED 570KAED 570,000 · Oct 2024October 2024 | 24,000 /yr | |
| 3203 | 1-bed | 886 sqft | AED 840KAED 840,000 · Sep 2026September 2026 | 65,000 /yr | |
| 3204 | 2-bed | 1,537 sqft | AED 1.36MAED 1,357,056 · Sep 2017September 2017 | ||
| 3205 | 1-bed | 925 sqft | AED 850KAED 850,000 · Jun 2017June 2017 | 48,000 /yr | |
| 3206 | Studio | 503 sqft | AED 540KAED 539,650 · Jan 2017January 2017 | 43,000 /yr | |
| 3207 | Studio | 514 sqft | AED 370KAED 370,000 · Sep 2022September 2022 | ||
| 3208 | Studio | 467 sqft | AED 380KAED 380,000 · Sep 2022September 2022 | 42,000 /yr | |
| 3209 | 1-bed | 826 sqft | AED 625KAED 625,000 · Oct 2018October 2018 | 70,000 /yr | |
| 3210 | 2-bed | 1,481 sqft | AED 1.37MAED 1,367,100 · Aug 2017August 2017 | 110,000 /yr | |
| 3211 | 1-bed | 798 sqft | AED 826KAED 825,739 · May 2017May 2017 | 58,000 /yr | |
| 3212 | Studio | 515 sqft | AED 468KAED 467,500 · Apr 2018April 2018 | 33,000 /yr |
3201, Reef Residence in numbers
- Sold twice: first on 23 February 2017 for AED 552,735, last on 20 June 2018 for AED 470,000 (AED 904 per sqft).
- Rented since August 2018 on 8 Ejari contracts. The rent fell from AED 43,000 to AED 28,000 in 2021 and recovered to AED 48,000 by November 2025.
- At AED 48,000 a year the gross yield on the 2018 price is 10.2%, before a service charge of about AED 7,400 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 3 November 2025.
Questions about 3201, Reef Residence
What did unit 3201 last sell for?
AED 470,000 on 20 June 2018: AED 904 per sqft for 520 sqft. The unit has 2 registered sales; the first was AED 552,735 in February 2017.
What is the rent for unit 3201?
AED 48,000 a year on the contract signed on 3 November 2025. The previous contract, from October 2024, was AED 46,000; the unit has been rented since August 2018.
How big is unit 3201?
520 sqft (48.3 sqm): a studio on the 32nd floor of a 36-storey tower completed in 2017.
What is unit 3201 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 3201, Reef Residence
Starts from the last sale price (AED 470K, 20 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 470,000
- Deposit, UAE resident (20%)
- AED 94,000
- Deposit, non-resident (40%)
- AED 188,000
- Monthly over 25 years at 3.7%
- AED 1,923
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →