3203, Reef Residence
Sold prices and rental history: sold 3 times, last in September 2026, 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 3203, Reef Residence
What is 3203 worth today?
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Source: Dubai Land Department. Updated 2 November 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 886 sqft
- Floor
- 32nd of 36
- Parking
- B1-61
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 12,600 /yr
- Last sold
- AED 840K · September 2026
- Building
- Reef Residence
About 3203, Reef Residence
3203 is a one-bedroom apartment of 886 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 8 September 2026 for AED 840,000, or AED 948 per sqft, 7% below the AED 1,015 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 2 November 2026, is AED 65,000 a year: a gross yield of 7.7% on the 2026 price, before the service charge of about AED 12,600 a year.
Sales and rents for 3203 over time
3203 has sold 3 times; 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 3203 sits
All 127 1-beds →3203 last sold in September 2026 at AED 948 per sqft, 7% below what one-beds in Reef Residence were fetching at the time (AED 1,015). 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. 3203's AED 65,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 12 Feb 202612 February 2026 | 925 sqft | 880,000 | 950 |
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 | |||||
|---|---|---|---|---|---|
| 3201 | Studio | 520 sqft | AED 470KAED 470,000 · Jun 2018June 2018 | 48,000 /yr | |
| 3202 | Studio | 529 sqft | AED 570KAED 570,000 · Oct 2024October 2024 | 24,000 /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 |
3203, Reef Residence in numbers
- Sold 3 times: first on 23 February 2017 for AED 841,355, last on 8 September 2026 for AED 840,000 (AED 948 per sqft).
- Rented since April 2018 on 5 Ejari contracts, from AED 60,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2026 price is 7.7%, before a service charge of about AED 12,600 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 November 2026.
Questions about 3203, Reef Residence
What did unit 3203 last sell for?
AED 840,000 on 8 September 2026: AED 948 per sqft for 886 sqft. The unit has 3 registered sales; the first was AED 841,355 in February 2017.
What is the rent for unit 3203?
AED 65,000 a year on the contract signed on 2 November 2026. The previous contract, from January 2024, was AED 85,000; the unit has been rented since April 2018.
How big is unit 3203?
886 sqft (82.3 sqm): a one-bedroom apartment on the 32nd floor of a 36-storey tower completed in 2017.
What is unit 3203 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 3203, Reef Residence
Starts from the last sale price (AED 840K, 8 September 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 840,000
- Deposit, UAE resident (20%)
- AED 168,000
- Deposit, non-resident (40%)
- AED 336,000
- Monthly over 25 years at 3.7%
- AED 3,437
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →