3211, Reef Residence
Sold prices and rental history: sold once, by the developer in May 2017, 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 3211, Reef Residence
What is 3211 worth today?
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Source: Dubai Land Department. Updated 1 July 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 798 sqft
- Floor
- 32nd of 36
- Parking
- B1-64
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 11,300 /yr
- Last sold
- AED 826K · May 2017
- Building
- Reef Residence
About 3211, Reef Residence
3211 is a one-bedroom apartment of 798 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 9 May 2017 for AED 825,739, or AED 1,034 per sqft, 25% above the AED 826 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 July 2022, is AED 58,000 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 11,300 a year.
Sales and rents for 3211 over time
3211 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 3211 sits
All 127 1-beds →3211 last sold in May 2017 at AED 1,034 per sqft, 25% above what one-beds in Reef Residence were fetching at the time (AED 826). 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. 3211's AED 58,000 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 | ||
| 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 | |
| 3212 | Studio | 515 sqft | AED 468KAED 467,500 · Apr 2018April 2018 | 33,000 /yr |
3211, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 9 May 2017 for AED 825,739, or AED 1,034 per sqft.
- Rented since August 2018 on 4 Ejari contracts. The rent fell from AED 57,000 to AED 43,000 in 2020 and recovered to AED 58,000 by July 2022.
- At AED 58,000 a year the gross yield on the 2017 price is 7.0%, 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 1 July 2022.
Questions about 3211, Reef Residence
What did unit 3211 last sell for?
AED 825,739 on 9 May 2017, sold by the developer: AED 1,034 per sqft for 798 sqft. It is the only registered sale of the unit.
What is the rent for unit 3211?
AED 58,000 a year on the contract signed on 1 July 2022. The previous contract, from August 2020, was AED 43,000; the unit has been rented since August 2018.
How big is unit 3211?
798 sqft (74.1 sqm): a one-bedroom apartment on the 32nd floor of a 36-storey tower completed in 2017.
What is unit 3211 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 3211, Reef Residence
Starts from the last sale price (AED 826K, 9 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 825,739
- Deposit, UAE resident (20%)
- AED 165,148
- Deposit, non-resident (40%)
- AED 330,296
- Monthly over 25 years at 3.7%
- AED 3,378
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →