3403, 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 3403, Reef Residence
What is 3403 worth today?
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Source: Dubai Land Department. Updated 24 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 886 sqft
- Floor
- 34th of 36
- Parking
- B1-69
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 12,600 /yr
- Last sold
- AED 881K · May 2017
- Building
- Reef Residence
About 3403, Reef Residence
3403 is a one-bedroom apartment of 886 sqft on the 34th 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 880,912, or AED 994 per sqft, 20% above the AED 826 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 24 December 2024, is AED 43,542 a year: a gross yield of 4.9% on the 2017 price, before the service charge of about AED 12,600 a year.
Sales and rents for 3403 over time
3403 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 3403 sits
All 127 1-beds →3403 last sold in May 2017 at AED 994 per sqft, 20% 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. 3403's AED 43,542 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 34th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3401 | Studio | 520 sqft | AED 571KAED 570,504 · May 2017May 2017 | 45,000 /yr | |
| 3402 | Studio | 529 sqft | AED 575KAED 575,000 · Jul 2017July 2017 | 55,834 /yr | |
| 3404 | 2-bed | 1,537 sqft | AED 1.65MAED 1,650,000 · Jun 2025June 2025 | 122,000 /yr | |
| 3405 | 1-bed | 925 sqft | AED 700KAED 700,000 · Nov 2023November 2023 | 70,000 /yr | |
| 3406 | Studio | 503 sqft | AED 515KAED 515,000 · Sep 2026September 2026 | 37,000 /yr | |
| 3407 | Studio | 514 sqft | AED 535KAED 535,000 · May 2026May 2026 | 40,000 /yr | |
| 3408 | Studio | 467 sqft | AED 568KAED 567,729 · May 2017May 2017 | 40,425 /yr | |
| 3409 | 1-bed | 826 sqft | AED 630KAED 630,000 · Dec 2018December 2018 | 82,000 /yr | |
| 3410 | 2-bed | 1,481 sqft | AED 1.38MAED 1,375,000 · May 2026May 2026 | ||
| 3411 | 1-bed | 798 sqft | AED 810KAED 810,000 · Aug 2018August 2018 | 70,000 /yr | |
| 3412 | Studio | 515 sqft | AED 570KAED 570,234 · Apr 2017April 2017 | 40,890 /yr |
3403, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 9 May 2017 for AED 880,912, or AED 994 per sqft.
- Rented since July 2018 on 7 Ejari contracts, from AED 59,000 to AED 43,542 a year.
- At AED 43,542 a year the gross yield on the 2017 price is 4.9%, before a service charge of about AED 12,600 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 24 December 2024.
Questions about 3403, Reef Residence
What did unit 3403 last sell for?
AED 880,912 on 9 May 2017, sold by the developer: AED 994 per sqft for 886 sqft. It is the only registered sale of the unit.
What is the rent for unit 3403?
AED 43,542 a year on the contract renewed on 24 December 2024. The previous contract, from December 2023, was AED 47,500; the unit has been rented since July 2018.
How big is unit 3403?
886 sqft (82.3 sqm): a one-bedroom apartment on the 34th floor of a 36-storey tower completed in 2017.
What is unit 3403 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 3403, Reef Residence
Starts from the last sale price (AED 881K, 9 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 880,912
- Deposit, UAE resident (20%)
- AED 176,182
- Deposit, non-resident (40%)
- AED 352,365
- Monthly over 25 years at 3.7%
- AED 3,604
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →