3309, Reef Residence
Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3309, Reef Residence
What is 3309 worth today?
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Source: Dubai Land Department. Updated 5 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 33rd of 36
- Parking
- B1-67
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 11,700 /yr
- Last sold
- AED 840K · March 2018
- Building
- Reef Residence
About 3309, Reef Residence
3309 is a one-bedroom apartment of 826 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 28 March 2018 for AED 840,000, or AED 1,017 per sqft, 5% above the AED 970 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 5 March 2026, is AED 60,000 a year: a gross yield of 7.1% on the 2018 price, before the service charge of about AED 11,700 a year.
Sales and rents for 3309 over time
3309 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 3309 sits
All 127 1-beds →3309 last sold in March 2018 at AED 1,017 per sqft, 5% above what one-beds in Reef Residence were fetching at the time (AED 970). 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. 3309's AED 60,000 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 52K /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 | |
| 3308 | Studio | 467 sqft | AED 540KAED 540,000 · May 2026May 2026 | 37,800 /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 |
3309, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 28 March 2018 for AED 840,000, or AED 1,017 per sqft.
- Rented since January 2019 on 9 Ejari contracts. The rent fell from AED 56,000 to AED 40,000 in 2020 and recovered to AED 60,000 by March 2026.
- At AED 60,000 a year the gross yield on the 2018 price is 7.1%, 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 5 March 2026.
Questions about 3309, Reef Residence
What did unit 3309 last sell for?
AED 840,000 on 28 March 2018, sold by the developer: AED 1,017 per sqft for 826 sqft. It is the only registered sale of the unit.
What is the rent for unit 3309?
AED 60,000 a year on the contract renewed on 5 March 2026. The previous contract, from March 2025, was AED 60,000; the unit has been rented since January 2019.
How big is unit 3309?
826 sqft (76.7 sqm): a one-bedroom apartment on the 33rd floor of a 36-storey tower completed in 2017.
What is unit 3309 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 3309, Reef Residence
Starts from the last sale price (AED 840K, 28 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 840,000
- Deposit, UAE resident (20%)
- AED 168,000
- Deposit, non-resident (40%)
- AED 336,000
- Monthly over 25 years at 3.7%
- AED 3,437
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →