3305, Reef Residence
Sold prices and rental history: sold once, by the developer in August 2018, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3305, Reef Residence
What is 3305 worth today?
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Source: Dubai Land Department. Updated 1 November 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 925 sqft
- Floor
- 33rd of 36
- Parking
- B1-66
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 13,100 /yr
- Last sold
- AED 825K · August 2018
- Building
- Reef Residence
About 3305, Reef Residence
3305 is a one-bedroom apartment of 925 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. The developer sold it on 7 August 2018 for AED 825,000, or AED 891 per sqft, in line with the AED 880 one-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 1 November 2020, is AED 40,000 a year: a gross yield of 4.9% on the 2018 price, before the service charge of about AED 13,100 a year.
Sales and rents for 3305 over time
3305 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 3305 sits
All 127 1-beds →3305 last sold in August 2018 at AED 891 per sqft, in line with what one-beds in Reef Residence were fetching at the time (AED 880). 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. 3305's AED 40,000 is at the bottom 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 33rd floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3301 | Studio | 520 sqft | AED 565KAED 565,000 · Jan 2025January 2025 | 45,000 /yr | |
| 3302 | Studio | 529 sqft | AED 569KAED 568,675 · Apr 2017April 2017 | 43,000 /yr | |
| 3303 | 1-bed | 886 sqft | AED 872KAED 872,190 · May 2017May 2017 | 48,400 /yr | |
| 3304 | 2-bed | 1,537 sqft | AED 1.06MAED 1,060,000 · Jun 2023June 2023 | 130,000 /yr | |
| 3306 | Studio | 503 sqft | AED 550KAED 549,690 · Mar 2017March 2017 | 50,000 /yr | |
| 3307 | Studio | 514 sqft | AED 560KAED 559,746 · Mar 2017March 2017 | 41,000 /yr | |
| 3308 | Studio | 467 sqft | AED 540KAED 540,000 · May 2026May 2026 | 37,800 /yr | |
| 3309 | 1-bed | 826 sqft | AED 840KAED 840,000 · Mar 2018March 2018 | 60,000 /yr | |
| 3310 | 2-bed | 1,481 sqft | AED 1.35MAED 1,350,000 · Dec 2023December 2023 | ||
| 3311 | 1-bed | 798 sqft | AED 834KAED 833,679 · May 2017May 2017 | 47,000 /yr | |
| 3312 | Studio | 515 sqft | AED 400KAED 400,000 · Dec 2023December 2023 | 47,000 /yr |
3305, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 7 August 2018 for AED 825,000, or AED 891 per sqft.
- Rented since February 2018 on 3 Ejari contracts, from AED 63,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2018 price is 4.9%, 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 1 November 2020.
Questions about 3305, Reef Residence
What did unit 3305 last sell for?
AED 825,000 on 7 August 2018, sold by the developer: AED 891 per sqft for 925 sqft. It is the only registered sale of the unit.
What is the rent for unit 3305?
AED 40,000 a year on the contract renewed on 1 November 2020. The previous contract, from November 2019, was AED 45,000; the unit has been rented since February 2018.
How big is unit 3305?
925 sqft (85.9 sqm): a one-bedroom apartment on the 33rd floor of a 36-storey tower completed in 2017.
What is unit 3305 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 3305, Reef Residence
Starts from the last sale price (AED 825K, 7 August 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 825,000
- Deposit, UAE resident (20%)
- AED 165,000
- Deposit, non-resident (40%)
- AED 330,000
- Monthly over 25 years at 3.7%
- AED 3,375
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →