605, Reef Residence
Sold prices and rental history: sold twice, last in January 2023, 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 605, Reef Residence
What is 605 worth today?
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Source: Dubai Land Department. Updated 5 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 925 sqft
- Floor
- 6th of 36
- Parking
- P3-68
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 13,100 /yr
- Last sold
- AED 594K · January 2023
- Building
- Reef Residence
About 605, Reef Residence
605 is a one-bedroom apartment of 925 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 12 January 2023 for AED 594,171, or AED 642 per sqft, 6% below the AED 684 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 11 Ejari contracts. The current contract, renewed on 5 September 2026, is AED 66,000 a year: a gross yield of 11.1% on the 2023 price, before the service charge of about AED 13,100 a year.
Sales and rents for 605 over time
605 has sold twice; 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 605 sits
All 127 1-beds →605 last sold in January 2023 at AED 642 per sqft, 6% below what one-beds in Reef Residence were fetching at the time (AED 684). 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. 605's AED 66,000 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 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 | |
| 604 | 2-bed | 1,537 sqft | AED 1.35MAED 1,350,000 · Jun 2024June 2024 | 68,250 /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 |
605, Reef Residence in numbers
- Sold twice: first on 9 July 2015 for AED 722,280, last on 12 January 2023 for AED 594,171 (AED 642 per sqft).
- Rented since June 2018 on 11 Ejari contracts. The rent fell from AED 55,000 to AED 40,000 in 2021 and recovered to AED 66,000 by September 2026.
- At AED 66,000 a year the gross yield on the 2023 price is 11.1%, before a service charge of about AED 13,100 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 5 September 2026.
Questions about 605, Reef Residence
What did unit 605 last sell for?
AED 594,171 on 12 January 2023: AED 642 per sqft for 925 sqft. The unit has 2 registered sales; the first was AED 722,280 in July 2015.
What is the rent for unit 605?
AED 66,000 a year on the contract renewed on 5 September 2026. The previous contract, from August 2026, was AED 78,000; the unit has been rented since June 2018.
How big is unit 605?
925 sqft (85.9 sqm): a one-bedroom apartment on the 6th floor of a 36-storey tower completed in 2017.
What is unit 605 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 605, Reef Residence
Starts from the last sale price (AED 594K, 12 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 594,171
- Deposit, UAE resident (20%)
- AED 118,834
- Deposit, non-resident (40%)
- AED 237,668
- Monthly over 25 years at 3.7%
- AED 2,431
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →