2-bed · 1,537 sqftReef Residence, Jumeirah Village Circle (JVC) · 34th floor · completed 2017

3404, Reef Residence

Sold prices and rental history: sold twice, last in June 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3404 · DLD and Ejari recordsUpdated 2 June 2025
Last soldAED 1.65M2 June 2025
Current rentAED 122K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3404, Reef Residence

What is 3404 worth today?

Last sold for AED 1,650,000 in 2025

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2 Jun 2025SoldReady
AED 1,650,000AED 1,073 per sqft
1 Oct 2024RentedRenewal
AED 122,000/yr12 months · AED 79 per sqft
1 Oct 2023RentedNew contract
AED 122,000/yr12 months · AED 79 per sqft
15 Oct 2022RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
15 Oct 2021RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
11 Sep 2017Sold by developerOff-plan
AED 1,450,525AED 943 per sqft

Source: Dubai Land Department. Updated 2 June 2025.

Key facts

Type
2-bed apartment
Size
1,537 sqft
Floor
34th of 36
Parking
B1-01, B1-02
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 21,800 /yr
Last sold
AED 1.65M · June 2025

About 3404, Reef Residence

3404 is a two-bedroom apartment of 1,537 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. It last sold on 2 June 2025 for AED 1,650,000, or AED 1,073 per sqft, 14% above the AED 945 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 122,000 a year: a gross yield of 7.4% on the 2025 price, before the service charge of about AED 21,800 a year.

Sales and rents for 3404 over time

Sales
Unit 3404, each saleTypical two-bed in Reef Residence
1M1.5M20152018202120242027Typical sale price by year: 2015 AED 1,242,995; 2016 AED 1,206,534; 2017 AED 1,324,880; 2018 AED 1,250,000; 2022 AED 1,000,000; 2023 AED 1,250,000; 2024 AED 1,350,000; 2026 AED 1,450,000Sold by developer, September 2017: AED 1,450,525 (AED 943 per sqft)Sold, June 2025: AED 1,650,000 (AED 1,073 per sqft)

3404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3404, each contractTypical two-bed in Reef Residence
75K100K125K2018202120242027Typical rent by year: 2018 AED 95,000; 2019 AED 88,000; 2020 AED 71,000; 2021 AED 70,000; 2022 AED 77,000; 2023 AED 86,512; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 120,000New contract, October 2021: AED 85,000 a yearRenewal, October 2022: AED 85,000 a yearNew contract, October 2023: AED 122,000 a yearRenewal, October 2024: AED 122,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Reef Residence, and where 3404 sits

All 65 2-beds →

3404 last sold in June 2025 at AED 1,073 per sqft, 14% above what two-beds in Reef Residence were fetching at the time (AED 945). Over the last 12 months two-beds sold for AED 1,200,000 to 2,000,000, around AED 943 per sqft, and rent for AED 96,801 to 165,000 a year. 3404's AED 122,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Sep 20261,635,000
23 Jul 20261,580,000
2 Jun 20261,450,000
1 Jun 20262,000,000
7 2-bed 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 34th floor

All 378 units in Reef Residence
Value
3401StudioAED 571K · May 2017
3402StudioAED 575K · Jul 2017
34031-bedAED 881K · May 2017
34051-bedAED 700K · Nov 2023
3406StudioAED 515K · Sep 2026
3407StudioAED 535K · May 2026
3408StudioAED 568K · May 2017
1–7 of 11

3404, Reef Residence in numbers

  • Sold twice: first on 11 September 2017 for AED 1,450,525, last on 2 June 2025 for AED 1,650,000 (AED 1,073 per sqft).
  • Rented since October 2021 on 4 Ejari contracts, from AED 85,000 to AED 122,000 a year.
  • At AED 122,000 a year the gross yield on the 2025 price is 7.4%, before a service charge of about AED 21,800 a year (AED 14.20 per sqft).
  • Two-beds in Reef Residence sold for AED 1,200,000–2,000,000 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 2 June 2025.

Questions about 3404, Reef Residence

What did unit 3404 last sell for?

AED 1,650,000 on 2 June 2025: AED 1,073 per sqft for 1,537 sqft. The unit has 2 registered sales; the first was AED 1,450,525 in September 2017.

What is the rent for unit 3404?

AED 122,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 122,000; the unit has been rented since October 2021.

How big is unit 3404?

1,537 sqft (142.8 sqm): a two-bedroom apartment on the 34th floor of a 36-storey tower completed in 2017.

What is unit 3404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Reef Residence sold for AED 1,200,000 to 2,000,000 in the last 12 months, around AED 943 per sqft.

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Mortgage on 3404, Reef Residence

Starts from the last sale price (AED 1.65M, 2 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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