3308, Reef Residence
Sold prices and rental history: sold 4 times, last in May 2026, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3308, Reef Residence
What is 3308 worth today?
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Source: Dubai Land Department. Updated 14 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 467 sqft
- Floor
- 33rd of 36
- Parking
- B1-40
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 6,600 /yr
- Last sold
- AED 540K · May 2026
- Building
- Reef Residence
About 3308, Reef Residence
3308 is a studio of 467 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 14 May 2026 for AED 540,000, or AED 1,155 per sqft, 5% above the AED 1,104 studios in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 11 November 2023, is AED 37,800 a year: a gross yield of 7.0% on the 2026 price, before the service charge of about AED 6,600 a year.
Sales and rents for 3308 over time
3308 has sold 4 times; the dashed line is the studio median of each year in the building.
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 3308 sits
All 186 studios →3308 last sold in May 2026 at AED 1,155 per sqft, 5% above what studios in Reef Residence were fetching at the time (AED 1,104). 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. 3308's AED 37,800 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 503 sqft | 515,000 | 1,024 | ||
| 9 Jul 20269 July 2026 | 520 sqft | 540,000 | 1,038 | ||
| 23 Jun 202623 June 2026 | 514 sqft | 525,000 | 1,021 | ||
| 13 May 202613 May 2026 | 514 sqft | 535,000 | 1,040 |
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 | |
| 3305 | 1-bed | 925 sqft | AED 825KAED 825,000 · Aug 2018August 2018 | 40,000 /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 | |
| 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 |
3308, Reef Residence in numbers
- Sold 4 times: first on 4 April 2017 for AED 540,540, last on 14 May 2026 for AED 540,000 (AED 1,155 per sqft).
- Rented since July 2018 on 3 Ejari contracts, from AED 38,000 to AED 37,800 a year.
- At AED 37,800 a year the gross yield on the 2026 price is 7.0%, before a service charge of about AED 6,600 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 14 May 2026.
Questions about 3308, Reef Residence
What did unit 3308 last sell for?
AED 540,000 on 14 May 2026: AED 1,155 per sqft for 467 sqft. The unit has 4 registered sales; the first was AED 540,540 in April 2017.
What is the rent for unit 3308?
AED 37,800 a year on the contract renewed on 11 November 2023. The previous contract, from November 2022, was AED 36,000; the unit has been rented since July 2018.
How big is unit 3308?
467 sqft (43.4 sqm): a studio on the 33rd floor of a 36-storey tower completed in 2017.
What is unit 3308 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.
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Mortgage on 3308, Reef Residence
Starts from the last sale price (AED 540K, 14 May 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 540,000
- Deposit, UAE resident (20%)
- AED 108,000
- Deposit, non-resident (40%)
- AED 216,000
- Monthly over 25 years at 3.7%
- AED 2,209
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →