3406, Reef Residence
Sold prices and rental history: sold twice, last in September 2026, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3406, Reef Residence
What is 3406 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 7 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 503 sqft
- Floor
- 34th of 36
- Parking
- B1-26
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,100 /yr
- Last sold
- AED 515K · September 2026
- Building
- Reef Residence
About 3406, Reef Residence
3406 is a studio of 503 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 7 September 2026 for AED 515,000, or AED 1,024 per sqft, in line with the AED 1,039 studios in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 29 January 2023, is AED 37,000 a year: a gross yield of 7.2% on the 2026 price, before the service charge of about AED 7,100 a year.
Sales and rents for 3406 over time
3406 has sold twice; 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 3406 sits
All 186 studios →3406 last sold in September 2026 at AED 1,024 per sqft, in line with what studios in Reef Residence were fetching at the time (AED 1,039). 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. 3406's AED 37,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jul 20269 July 2026 | 520 sqft | 540,000 | 1,038 | ||
| 23 Jun 202623 June 2026 | 514 sqft | 525,000 | 1,021 | ||
| 14 May 202614 May 2026 | 467 sqft | 540,000 | 1,155 | ||
| 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 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 | |
| 3403 | 1-bed | 886 sqft | AED 881KAED 880,912 · May 2017May 2017 | 43,542 /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 | |
| 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 |
3406, Reef Residence in numbers
- Sold twice: first on 9 May 2017 for AED 571,678, last on 7 September 2026 for AED 515,000 (AED 1,024 per sqft).
- Rented since March 2020 on 3 Ejari contracts. The rent fell from AED 40,000 to AED 26,000 in 2021 and recovered to AED 37,000 by January 2023.
- At AED 37,000 a year the gross yield on the 2026 price is 7.2%, before a service charge of about AED 7,100 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 7 September 2026.
Questions about 3406, Reef Residence
What did unit 3406 last sell for?
AED 515,000 on 7 September 2026: AED 1,024 per sqft for 503 sqft. The unit has 2 registered sales; the first was AED 571,678 in May 2017.
What is the rent for unit 3406?
AED 37,000 a year on the contract signed on 29 January 2023. The previous contract, from September 2021, was AED 26,000; the unit has been rented since March 2020.
How big is unit 3406?
503 sqft (46.7 sqm): a studio on the 34th floor of a 36-storey tower completed in 2017.
What is unit 3406 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.
Selling 3406? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 3406, Reef Residence
Starts from the last sale price (AED 515K, 7 September 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 515,000
- Deposit, UAE resident (20%)
- AED 103,000
- Deposit, non-resident (40%)
- AED 206,000
- Monthly over 25 years at 3.7%
- AED 2,107
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →