Studio · 520 sqftReef Residence, Jumeirah Village Circle (JVC) · 33rd floor · completed 2017

3301, Reef Residence

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3301 · DLD and Ejari recordsUpdated 5 February 2026
Last soldAED 565K6 January 2025
Current rentAED 44K /yr5 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3301, Reef Residence

What is 3301 worth today?

Last sold for AED 565,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Feb 2026RentedRenewal
AED 44,000/yr12 months · AED 85 per sqft
5 Feb 2026RentedRenewal
AED 45,000/yr6 months · AED 87 per sqft
5 Feb 2025RentedNew contract
AED 44,000/yr12 months · AED 85 per sqft
6 Jan 2025SoldReady
AED 565,000AED 1,086 per sqft
27 Jan 2024RentedNew contract
AED 44,000/yr12 months · AED 85 per sqft
1 Jan 2022RentedRenewal
AED 27,000/yr12 months · AED 52 per sqft
1 Jan 2021RentedRenewal
AED 27,000/yr12 months · AED 52 per sqft
3 Jun 2020RentedRenewal
AED 30,000/yr7 months · AED 58 per sqft

Source: Dubai Land Department. Updated 5 February 2026.

Key facts

Type
Studio apartment
Size
520 sqft
Floor
33rd of 36
Parking
B1-44
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 7,400 /yr
Last sold
AED 565K · January 2025

About 3301, Reef Residence

3301 is a studio of 520 sqft on the 33rd 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 6 January 2025 for AED 565,000, or AED 1,086 per sqft, 4% above the AED 1,048 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 5 February 2026, is AED 44,000 a year: a gross yield of 7.8% on the 2025 price, before the service charge of about AED 7,400 a year.

Sales and rents for 3301 over time

Sales
Unit 3301, each saleTypical studio in Reef Residence
400K600K20152018202120242027Typical sale price by year: 2015 AED 472,880; 2016 AED 521,995; 2017 AED 540,540; 2018 AED 483,160; 2019 AED 350,000; 2020 AED 340,000; 2021 AED 321,250; 2022 AED 375,000; 2023 AED 401,000; 2024 AED 530,000; 2025 AED 548,750; 2026 AED 540,000Sold by developer, February 2017: AED 559,482 (AED 1,076 per sqft)Sold, January 2025: AED 565,000 (AED 1,086 per sqft)

3301 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 3301, each contractTypical studio in Reef Residence
30K40K50K2018202120242027Typical rent by year: 2018 AED 40,000; 2019 AED 38,000; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 30,000; 2023 AED 36,000; 2024 AED 44,000; 2025 AED 46,452; 2026 AED 45,000New contract, June 2018: AED 42,113 a yearRenewal, May 2019: AED 39,273 a yearRenewal, June 2020: AED 30,000 a yearRenewal, January 2021: AED 27,000 a yearRenewal, January 2022: AED 27,000 a yearNew contract, January 2024: AED 44,000 a yearNew contract, February 2025: AED 44,000 a yearRenewal, February 2026: AED 44,000 a yearRenewal, February 2026: AED 45,000 a year

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 3301 sits

All 186 studios →

3301 last sold in January 2025 at AED 1,086 per sqft, 4% above what studios in Reef Residence were fetching at the time (AED 1,048). 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. 3301's AED 44,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Sep 2026515,000
9 Jul 2026540,000
23 Jun 2026525,000
14 May 2026540,000
7 studio 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 33rd floor

All 378 units in Reef Residence
Value
3302StudioAED 569K · Apr 2017
33031-bedAED 872K · May 2017
33042-bedAED 1.06M · Jun 2023
33051-bedAED 825K · Aug 2018
3306StudioAED 550K · Mar 2017
3307StudioAED 560K · Mar 2017
3308StudioAED 540K · May 2026
1–7 of 11

3301, Reef Residence in numbers

  • Sold twice: first on 23 February 2017 for AED 559,482, last on 6 January 2025 for AED 565,000 (AED 1,086 per sqft).
  • Rented since June 2018 on 9 Ejari contracts. The rent fell from AED 42,113 to AED 27,000 in 2022 and recovered to AED 44,000 by February 2026.
  • At AED 44,000 a year the gross yield on the 2025 price is 7.8%, 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 5 February 2026.

Questions about 3301, Reef Residence

What did unit 3301 last sell for?

AED 565,000 on 6 January 2025: AED 1,086 per sqft for 520 sqft. The unit has 2 registered sales; the first was AED 559,482 in February 2017.

What is the rent for unit 3301?

AED 44,000 a year on the contract renewed on 5 February 2026. The previous contract, from February 2026, was AED 45,000; the unit has been rented since June 2018.

How big is unit 3301?

520 sqft (48.3 sqm): a studio on the 33rd floor of a 36-storey tower completed in 2017.

What is unit 3301 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.

Selling 3301? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3301, Reef Residence

Starts from the last sale price (AED 565K, 6 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 565,000
Deposit, UAE resident (20%)
AED 113,000
Deposit, non-resident (40%)
AED 226,000
Monthly over 25 years at 3.7%
AED 2,312

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