3409, Reef Residence
Sold prices and rental history: sold once, by the developer in December 2018, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3409, Reef Residence
What is 3409 worth today?
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Source: Dubai Land Department. Updated 23 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 34th of 36
- Parking
- B1-71
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 11,700 /yr
- Last sold
- AED 630K · December 2018
- Building
- Reef Residence
About 3409, Reef Residence
3409 is a one-bedroom apartment of 826 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 11 December 2018 for AED 630,000, or AED 763 per sqft, 6% below the AED 815 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 23 September 2025, is AED 82,000 a year: a gross yield of 13.0% on the 2018 price, before the service charge of about AED 11,700 a year.
Sales and rents for 3409 over time
3409 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 3409 sits
All 127 1-beds →3409 last sold in December 2018 at AED 763 per sqft, 6% below what one-beds in Reef Residence were fetching at the time (AED 815). 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. 3409's AED 82,000 is in the upper 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 | |
| 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 | |
| 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 | |
| 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 |
3409, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 11 December 2018 for AED 630,000, or AED 763 per sqft.
- Rented since September 2024 on 2 Ejari contracts, from AED 80,000 to AED 82,000 a year.
- At AED 82,000 a year the gross yield on the 2018 price is 13.0%, 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 23 September 2025.
Questions about 3409, Reef Residence
What did unit 3409 last sell for?
AED 630,000 on 11 December 2018, sold by the developer: AED 763 per sqft for 826 sqft. It is the only registered sale of the unit.
What is the rent for unit 3409?
AED 82,000 a year on the contract signed on 23 September 2025. The previous contract, from September 2024, was AED 80,000.
How big is unit 3409?
826 sqft (76.7 sqm): a one-bedroom apartment on the 34th floor of a 36-storey tower completed in 2017.
What is unit 3409 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 3409, Reef Residence
Starts from the last sale price (AED 630K, 11 December 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 630,000
- Deposit, UAE resident (20%)
- AED 126,000
- Deposit, non-resident (40%)
- AED 252,000
- Monthly over 25 years at 3.7%
- AED 2,578
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →