604, Reef Residence
Sold prices and rental history: sold twice, last in June 2024, 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 604, Reef Residence
What is 604 worth today?
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Source: Dubai Land Department. Updated 11 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,537 sqft
- Floor
- 6th of 36
- Parking
- P3-08
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 21,800 /yr
- Last sold
- AED 1.35M · June 2024
- Building
- Reef Residence
About 604, Reef Residence
604 is a two-bedroom apartment of 1,537 sqft on the 6th 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 11 June 2024 for AED 1,350,000, or AED 878 per sqft, in line with the AED 877 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 10 October 2022, is AED 68,250 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 21,800 a year.
Sales and rents for 604 over time
604 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Reef Residence, and where 604 sits
All 65 2-beds →604 last sold in June 2024 at AED 878 per sqft, in line with what two-beds in Reef Residence were fetching at the time (AED 877). Over the last 12 months two-beds sold for AED 1,200,000 to 2,000,000, around AED 943 per sqft, and rent for AED 96,801 to 165,000 a year. 604's AED 68,250 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 1,537 sqft | 1,635,000 | 1,063 | ||
| 23 Jul 202623 July 2026 | 1,537 sqft | 1,580,000 | 1,028 | ||
| 2 Jun 20262 June 2026 | 1,537 sqft | 1,450,000 | 943 | ||
| 1 Jun 20261 June 2026 | 1,481 sqft | 2,000,000 | 1,350 |
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 6th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | Studio | 520 sqft | AED 555KAED 555,000 · Aug 2024August 2024 | 40,000 /yr | |
| 602 | Studio | 529 sqft | AED 300KAED 300,000 · Jan 2020January 2020 | 50,000 /yr | |
| 603 | 1-bed | 886 sqft | AED 714KAED 714,420 · Dec 2016December 2016 | 60,000 /yr | |
| 605 | 1-bed | 925 sqft | AED 594KAED 594,171 · Jan 2023January 2023 | 66,000 /yr | |
| 606 | Studio | 503 sqft | AED 230KAED 230,000 · Oct 2018October 2018 | 39,889 /yr | |
| 607 | Studio | 514 sqft | AED 447KAED 447,180 · Aug 2015August 2015 | 35,000 /yr | |
| 608 | Studio | 467 sqft | AED 560KAED 560,000 · Sep 2025September 2025 | 45,000 /yr | |
| 609 | 1-bed | 826 sqft | AED 686KAED 686,340 · Aug 2015August 2015 | 60,600 /yr | |
| 610 | 2-bed | 1,481 sqft | AED 1.02MAED 1,015,000 · Feb 2022February 2022 | 120,000 /yr | |
| 611 | 1-bed | 798 sqft | AED 720KAED 720,000 · Nov 2017November 2017 | ||
| 612 | Studio | 515 sqft | AED 600KAED 600,000 · Nov 2025November 2025 | 55,000 /yr |
604, Reef Residence in numbers
- Sold twice: first on 12 May 2016 for AED 1,152,000, last on 11 June 2024 for AED 1,350,000 (AED 878 per sqft).
- Rented since December 2018 on 5 Ejari contracts, from AED 95,000 to AED 68,250 a year.
- At AED 68,250 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 21,800 a year (AED 14.20 per sqft).
- Two-beds in Reef Residence sold for AED 1,200,000–2,000,000 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 11 June 2024.
Questions about 604, Reef Residence
What did unit 604 last sell for?
AED 1,350,000 on 11 June 2024: AED 878 per sqft for 1,537 sqft. The unit has 2 registered sales; the first was AED 1,152,000 in May 2016.
What is the rent for unit 604?
AED 68,250 a year on the contract renewed on 10 October 2022. The previous contract, from October 2021, was AED 65,000; the unit has been rented since December 2018.
How big is unit 604?
1,537 sqft (142.8 sqm): a two-bedroom apartment on the 6th floor of a 36-storey tower completed in 2017.
What is unit 604 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Reef Residence sold for AED 1,200,000 to 2,000,000 in the last 12 months, around AED 943 per sqft.
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Mortgage on 604, Reef Residence
Starts from the last sale price (AED 1.35M, 11 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →