1-bed · 886 sqftReef Residence, Jumeirah Village Circle (JVC) · 5th floor · completed 2017

503, Reef Residence

Sold prices and rental history: sold twice, last in March 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 503 · DLD and Ejari recordsUpdated 14 March 2025

Last soldAED 835K14 March 2025

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Today's valuefree after one verification

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Property timeline for 503, Reef Residence

Today

What is 503 worth today?

Last sold for AED 835,000 in 2025

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14 Mar 2025

14 Mar 2025SoldReady

AED 835,000AED 942 per sqft

24 May 2015

24 May 2015Sold by developerOff-plan

AED 705,600AED 796 per sqft

Source: Dubai Land Department. Updated 14 March 2025.

Key facts

Type: 1-bed apartment
Size: 886 sqft
Floor: 5th of 36
Parking: P3-63
Developer: Sama Alkhaleej Real Estate Development Co
Completed: 2017
Service charge: AED 12,600 /yr
Last sold: AED 835K · March 2025
Building: Reef Residence

About 503, Reef Residence

503 is a one-bedroom apartment of 886 sqft on the 5th 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 14 March 2025 for AED 835,000, or AED 942 per sqft, in line with the AED 923 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales

Unit 503, each saleTypical one-bed in Reef Residence

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

Rents

Unit 503, each contractTypical one-bed in Reef Residence

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 503 sits

All 127 1-beds →

1-beds in Reef Residence · last 12 months993 /sqft Reef Residence · all types1,023 /sqft

503 last sold in March 2025 at AED 942 per sqft, in line with what one-beds in Reef Residence were fetching at the time (AED 923). 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.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

8 1-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 5th floor

All 378 units in Reef Residence


501	Studio	520 sqft	AED 403KAED 402,832 · Dec 2016December 2016	34,000 /yr
502	Studio	529 sqft	AED 409KAED 409,156 · Dec 2016December 2016	48,000 /yr
504	2-bed	1,537 sqft	AED 1.45MAED 1,450,000 · Jun 2026June 2026	96,801 /yr
505	1-bed	925 sqft	AED 695KAED 694,500 · May 2016May 2016	72,500 /yr
506	Studio	503 sqft	AED 410KAED 410,134 · May 2015May 2015	63,000 /yr
507	Studio	514 sqft	AED 420KAED 419,938 · May 2015May 2015	31,000 /yr
508	Studio	467 sqft	AED 560KAED 560,000 · Jul 2024July 2024	56,000 /yr
509	1-bed	826 sqft	AED 750KAED 750,000 · Feb 2023February 2023	39,000 /yr
510	2-bed	1,481 sqft	AED 1MAED 1,000,000 · Mar 2022March 2022	85,000 /yr
511	1-bed	798 sqft	AED 615KAED 615,000 · Oct 2023October 2023	70,000 /yr
512	Studio	515 sqft	AED 468KAED 467,740 · Aug 2015August 2015	33,000 /yr

1–7 of 11

503, Reef Residence in numbers

Sold twice: first on 24 May 2015 for AED 705,600, last on 14 March 2025 for AED 835,000 (AED 942 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 14 March 2025.

Questions about 503, Reef Residence

What did unit 503 last sell for?

AED 835,000 on 14 March 2025: AED 942 per sqft for 886 sqft. The unit has 2 registered sales; the first was AED 705,600 in May 2015.

How big is unit 503?

886 sqft (82.3 sqm): a one-bedroom apartment on the 5th floor of a 36-storey tower completed in 2017.

What is unit 503 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 503, Reef Residence

Starts from the last sale price (AED 835K, 14 March 2025). Switch to today's estimate once you have unlocked it.

Price: AED 835,000
Deposit, UAE resident (20%): AED 167,000
Deposit, non-resident (40%): AED 334,000
Monthly over 25 years at 3.7%: AED 3,416

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