3205, Reef Residence
Sold prices and rental history: sold once, by the developer in June 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3205, Reef Residence
What is 3205 worth today?
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Source: Dubai Land Department. Updated 20 September 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 925 sqft
- Floor
- 32nd of 36
- Parking
- B1-62
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 13,100 /yr
- Last sold
- AED 850K · June 2017
- Building
- Reef Residence
About 3205, Reef Residence
3205 is a one-bedroom apartment of 925 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. The developer sold it on 15 June 2017 for AED 850,000, or AED 918 per sqft, in line with the AED 897 one-beds in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 20 September 2019, is AED 48,000 a year: a gross yield of 5.7% on the 2017 price, before the service charge of about AED 13,100 a year.
Sales and rents for 3205 over time
3205 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 3205 sits
All 127 1-beds →3205 last sold in June 2017 at AED 918 per sqft, in line with what one-beds in Reef Residence were fetching at the time (AED 897). 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. 3205's AED 48,000 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 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 | |
| 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 | ||
| 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 |
3205, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 15 June 2017 for AED 850,000, or AED 918 per sqft.
- Rented since November 2018 on 2 Ejari contracts, from AED 55,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2017 price is 5.7%, before a service charge of about AED 13,100 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 20 September 2019.
Questions about 3205, Reef Residence
What did unit 3205 last sell for?
AED 850,000 on 15 June 2017, sold by the developer: AED 918 per sqft for 925 sqft. It is the only registered sale of the unit.
What is the rent for unit 3205?
AED 48,000 a year on the contract signed on 20 September 2019. The previous contract, from November 2018, was AED 55,000.
How big is unit 3205?
925 sqft (85.9 sqm): a one-bedroom apartment on the 32nd floor of a 36-storey tower completed in 2017.
What is unit 3205 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 3205, Reef Residence
Starts from the last sale price (AED 850K, 15 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →