1-bed · 826 sqftReef Residence, Jumeirah Village Circle (JVC) · 32nd floor · completed 2017

3209, Reef Residence

Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3209 · DLD and Ejari recordsUpdated 11 January 2026
Last soldAED 625K22 October 2018
Current rentAED 70K /yr11 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3209, Reef Residence

What is 3209 worth today?

Last sold for AED 625,000 in 2018

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11 Jan 2026RentedNew contract
AED 70,000/yr12 months · AED 85 per sqft
1 Dec 2024RentedRenewal
AED 44,000/yr12 months · AED 54 per sqft
1 Dec 2023RentedRenewal
AED 44,000/yr12 months · AED 54 per sqft
30 Nov 2022RentedRenewal
AED 39,889/yr12 months · AED 49 per sqft
1 Dec 2021RentedRenewal
AED 38,000/yr12 months · AED 46 per sqft
1 Dec 2020RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft
10 Nov 2018RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
22 Oct 2018Sold by developerReady
AED 625,000AED 757 per sqft

Source: Dubai Land Department. Updated 11 January 2026.

Key facts

Type
1-bed apartment
Size
826 sqft
Floor
32nd of 36
Parking
B1-63
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 11,700 /yr
Last sold
AED 625K · October 2018

About 3209, Reef Residence

3209 is a one-bedroom apartment of 826 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 22 October 2018 for AED 625,000, or AED 757 per sqft, 14% below the AED 877 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 11 January 2026, is AED 70,000 a year: a gross yield of 11.2% on the 2018 price, before the service charge of about AED 11,700 a year.

Sales and rents for 3209 over time

Sales
Unit 3209, each saleTypical one-bed in Reef Residence
400K600K800K20152018202120242027Typical sale price by year: 2015 AED 727,858; 2016 AED 697,394; 2017 AED 837,517; 2018 AED 687,500; 2019 AED 675,000; 2020 AED 466,500; 2021 AED 500,000; 2022 AED 580,000; 2023 AED 700,000; 2024 AED 802,500; 2025 AED 850,000; 2026 AED 880,000Sold by developer, October 2018: AED 625,000 (AED 757 per sqft)

3209 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3209, each contractTypical one-bed in Reef Residence
40K60K2018202120242027Typical rent by year: 2018 AED 60,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 45,000; 2023 AED 50,000; 2024 AED 67,818; 2025 AED 70,000; 2026 AED 70,000New contract, November 2018: AED 55,000 a yearNew contract, December 2020: AED 40,000 a yearRenewal, December 2021: AED 38,000 a yearRenewal, November 2022: AED 39,889 a yearRenewal, December 2023: AED 44,000 a yearRenewal, December 2024: AED 44,000 a yearNew contract, January 2026: AED 70,000 a year

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 3209 sits

All 127 1-beds →

3209 last sold in October 2018 at AED 757 per sqft, 14% below what one-beds in Reef Residence were fetching at the time (AED 877). 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. 3209's AED 70,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Sep 2026840,000
16 Jul 202626,488
8 Jul 2026995,000
15 May 2026810,000
8 1-bed 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 32nd floor

All 378 units in Reef Residence
Value
3201StudioAED 470K · Jun 2018
3202StudioAED 570K · Oct 2024
32031-bedAED 840K · Sep 2026
32042-bedAED 1.36M · Sep 2017
32051-bedAED 850K · Jun 2017
3206StudioAED 540K · Jan 2017
3207StudioAED 370K · Sep 2022
1–7 of 11

3209, Reef Residence in numbers

  • Sold once: by Sama Alkhaleej Real Estate Development Co on 22 October 2018 for AED 625,000, or AED 757 per sqft.
  • Rented since November 2018 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 38,000 in 2021 and recovered to AED 70,000 by January 2026.
  • At AED 70,000 a year the gross yield on the 2018 price is 11.2%, before a service charge of about AED 11,700 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 11 January 2026.

Questions about 3209, Reef Residence

What did unit 3209 last sell for?

AED 625,000 on 22 October 2018, sold by the developer: AED 757 per sqft for 826 sqft. It is the only registered sale of the unit.

What is the rent for unit 3209?

AED 70,000 a year on the contract signed on 11 January 2026. The previous contract, from December 2024, was AED 44,000; the unit has been rented since November 2018.

How big is unit 3209?

826 sqft (76.7 sqm): a one-bedroom apartment on the 32nd floor of a 36-storey tower completed in 2017.

What is unit 3209 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 3209, Reef Residence

Starts from the last sale price (AED 625K, 22 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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