Studio · 520 sqftReef Residence, Jumeirah Village Circle (JVC) · 36th floor · completed 2017

3601, 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.

Unit 3601 · DLD and Ejari recordsUpdated 20 September 2025
Last soldAED 564K12 April 2018
Current rentAED 38K /yr20 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3601, Reef Residence

What is 3601 worth today?

Last sold for AED 563,819 in 2018

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20 Sep 2025RentedRenewal
AED 38,000/yr12 months · AED 74 per sqft
20 Sep 2025RentedRenewal
AED 35,200/yr12 months · AED 68 per sqft
20 Sep 2024RentedRenewal
AED 34,500/yr12 months · AED 67 per sqft
20 Sep 2024RentedRenewal
AED 32,000/yr12 months · AED 62 per sqft
20 Sep 2023RentedRenewal
AED 34,500/yr12 months · AED 67 per sqft
20 Sep 2022RentedRenewal
AED 34,500/yr12 months · AED 67 per sqft
20 Sep 2021RentedNew contract
AED 24,000/yr12 months · AED 46 per sqft
30 Aug 2018RentedNew contract
AED 42,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 20 September 2025.

Key facts

Type
Studio apartment
Size
520 sqft
Floor
36th of 36
Parking
B1-33
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 7,400 /yr
Last sold
AED 564K · April 2018

About 3601, Reef Residence

3601 is a studio of 520 sqft on the 36th 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 563,819, or AED 1,084 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 6.7% on the 2018 price, before the service charge of about AED 7,400 a year.

Sales and rents for 3601 over time

Sales
Unit 3601, each saleTypical studio in Reef Residence
400K600K20152018202120242027Typical sale price by year: 2015 AED 472,880; 2016 AED 521,995; 2017 AED 540,540; 2018 AED 483,160; 2019 AED 350,000; 2020 AED 340,000; 2021 AED 321,250; 2022 AED 375,000; 2023 AED 401,000; 2024 AED 530,000; 2025 AED 548,750; 2026 AED 540,000Sold by developer, April 2018: AED 563,819 (AED 1,084 per sqft)

3601 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 3601, each contractTypical studio in Reef Residence
20K40K2018202120242027Typical rent by year: 2018 AED 40,000; 2019 AED 38,000; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 30,000; 2023 AED 36,000; 2024 AED 44,000; 2025 AED 46,452; 2026 AED 45,000New contract, August 2018: AED 42,000 a yearNew contract, September 2021: AED 24,000 a yearRenewal, September 2022: AED 34,500 a yearRenewal, September 2023: AED 34,500 a yearRenewal, September 2024: AED 34,500 a yearRenewal, September 2024: AED 32,000 a yearRenewal, September 2025: AED 38,000 a yearRenewal, September 2025: AED 35,200 a year

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 3601 sits

All 186 studios →

3601 last sold in April 2018 at AED 1,084 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. 3601's AED 38,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Sep 2026515,000
9 Jul 2026540,000
23 Jun 2026525,000
14 May 2026540,000
7 studio 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 36th floor

All 378 units in Reef Residence
Value
3602StudioAED 597K · Nov 2017
36031-bedAED 862K · Dec 2017
36042-bedAED 1.39M · Mar 2018
36051-bedAED 815K · Apr 2018
3606StudioAED 561K · Apr 2018
3607StudioAED 563K · Apr 2018
3608StudioAED 559K · Apr 2018
1–7 of 11

3601, Reef Residence in numbers

  • Sold once: by Sama Alkhaleej Real Estate Development Co on 12 April 2018 for AED 563,819, or AED 1,084 per sqft.
  • Rented since August 2018 on 8 Ejari contracts. The rent fell from AED 42,000 to AED 24,000 in 2021 and recovered to AED 38,000 by September 2025.
  • At AED 38,000 a year the gross yield on the 2018 price is 6.7%, before a service charge of about AED 7,400 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 3601, Reef Residence

What did unit 3601 last sell for?

AED 563,819 on 12 April 2018, sold by the developer: AED 1,084 per sqft for 520 sqft. It is the only registered sale of the unit.

What is the rent for unit 3601?

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 August 2018.

How big is unit 3601?

520 sqft (48.3 sqm): a studio on the 36th floor of a 36-storey tower completed in 2017.

What is unit 3601 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 3601, Reef Residence

Starts from the last sale price (AED 564K, 12 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 563,819
Deposit, UAE resident (20%)
AED 112,764
Deposit, non-resident (40%)
AED 225,528
Monthly over 25 years at 3.7%
AED 2,307

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