
609, Reef Residence
Sold prices and rental history: sold once, by the developer in August 2015, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 609, Reef Residence
What is 609 worth today?
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Source: Dubai Land Department. Updated 28 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 6th of 36
- Parking
- P3-69
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 11,700 /yr
- Last sold
- AED 686K · August 2015
- Building
- Reef Residence
About 609, Reef Residence
609 is a one-bedroom apartment of 826 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. The developer sold it on 3 August 2015 for AED 686,340, or AED 831 per sqft, in line with the AED 840 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 28 February 2026, is AED 60,600 a year: a gross yield of 8.8% on the 2015 price, before the service charge of about AED 11,700 a year.
Sales and rents for 609 over time
609 has sold once; 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 609 sits
All 127 1-beds →609 last sold in August 2015 at AED 831 per sqft, in line with what one-beds in Reef Residence were fetching at the time (AED 840). 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. 609's AED 60,600 is in the lower 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 | |
| 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 | |
| 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 |
609, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 3 August 2015 for AED 686,340, or AED 831 per sqft.
- Rented since February 2024 on 2 Ejari contracts, from AED 57,750 to AED 60,600 a year.
- At AED 60,600 a year the gross yield on the 2015 price is 8.8%, before a service charge of about AED 11,700 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 28 February 2026.
Questions about 609, Reef Residence
What did unit 609 last sell for?
AED 686,340 on 3 August 2015, sold by the developer: AED 831 per sqft for 826 sqft. It is the only registered sale of the unit.
What is the rent for unit 609?
AED 60,600 a year on the contract signed on 28 February 2026. The previous contract, from February 2024, was AED 57,750.
How big is unit 609?
826 sqft (76.7 sqm): a one-bedroom apartment on the 6th floor of a 36-storey tower completed in 2017.
What is unit 609 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 609, Reef Residence
Starts from the last sale price (AED 686K, 3 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 686,340
- Deposit, UAE resident (20%)
- AED 137,268
- Deposit, non-resident (40%)
- AED 274,536
- Monthly over 25 years at 3.7%
- AED 2,808
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →