3512, Reef Residence
Sold prices and rental history: sold once, by the developer in April 2018, 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 3512, Reef Residence
What is 3512 worth today?
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Source: Dubai Land Department. Updated 20 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 515 sqft
- Floor
- 35th of 36
- Parking
- B1-38
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,300 /yr
- Last sold
- AED 558K · April 2018
- Building
- Reef Residence
About 3512, Reef Residence
3512 is a studio of 515 sqft on the 35th 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 12 April 2018 for AED 557,956, or AED 1,083 per sqft, in line with the AED 1,057 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 20 September 2025, is AED 38,000 a year: a gross yield of 6.8% on the 2018 price, before the service charge of about AED 7,300 a year.
Sales and rents for 3512 over time
3512 has sold once; 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 3512 sits
All 186 studios →3512 last sold in April 2018 at AED 1,083 per sqft, in line with what studios in Reef Residence were fetching at the time (AED 1,057). 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. 3512's AED 38,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 503 sqft | 515,000 | 1,024 | ||
| 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 |
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 35th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3501 | Studio | 520 sqft | AED 558KAED 558,226 · Apr 2018April 2018 | 38,000 /yr | |
| 3502 | Studio | 529 sqft | AED 562KAED 561,817 · Apr 2018April 2018 | 26,000 /yr | |
| 3503 | 1-bed | 886 sqft | AED 780KAED 780,000 · Sep 2023September 2023 | 56,000 /yr | |
| 3504 | 2-bed | 1,537 sqft | AED 1.3MAED 1,300,000 · Aug 2018August 2018 | 120,000 /yr | |
| 3505 | 1-bed | 925 sqft | AED 405KAED 404,500 · Mar 2018March 2018 | 10,000 /yr | |
| 3506 | Studio | 251 sqft | AED 292KAED 292,297 · Oct 2017October 2017 | 42,000 /yr | |
| 3507 | Studio | 514 sqft | AED 557KAED 557,419 · Apr 2018April 2018 | 24,000 /yr | |
| 3508 | Studio | 467 sqft | AED 554KAED 554,107 · Apr 2018April 2018 | 30,800 /yr | |
| 3509 | 1-bed | 826 sqft | AED 995KAED 995,000 · Jul 2026July 2026 | ||
| 3510 | 2-bed | 1,481 sqft | AED 1.43MAED 1,425,000 · May 2024May 2024 | ||
| 3511 | 1-bed | 798 sqft | AED 675KAED 675,000 · Sep 2018September 2018 |
3512, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 12 April 2018 for AED 557,956, or AED 1,083 per sqft.
- Rented since July 2018 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 24,000 in 2022 and recovered to AED 38,000 by September 2025.
- At AED 38,000 a year the gross yield on the 2018 price is 6.8%, before a service charge of about AED 7,300 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 20 September 2025.
Questions about 3512, Reef Residence
What did unit 3512 last sell for?
AED 557,956 on 12 April 2018, sold by the developer: AED 1,083 per sqft for 515 sqft. It is the only registered sale of the unit.
What is the rent for unit 3512?
AED 38,000 a year on the contract renewed on 20 September 2025. The previous contract, from September 2025, was AED 35,200; the unit has been rented since July 2018.
How big is unit 3512?
515 sqft (47.8 sqm): a studio on the 35th floor of a 36-storey tower completed in 2017.
What is unit 3512 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.
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Mortgage on 3512, Reef Residence
Starts from the last sale price (AED 558K, 12 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 557,956
- Deposit, UAE resident (20%)
- AED 111,591
- Deposit, non-resident (40%)
- AED 223,182
- Monthly over 25 years at 3.7%
- AED 2,283
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →