1-bed · 798 sqftReef Residence, Jumeirah Village Circle (JVC) · 6th floor · completed 2017

611, Reef Residence

Sold prices and rental history: sold twice, last in November 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 15 November 2017
Last soldAED 720K15 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 611, Reef Residence

What is 611 worth today?

Last sold for AED 720,000 in 2017

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15 Nov 2017SoldOff-plan
AED 720,000AED 902 per sqft
3 Jan 2016Sold by developerOff-plan
AED 719,568AED 901 per sqft

Source: Dubai Land Department. Updated 15 November 2017.

Key facts

Type
1-bed apartment
Size
798 sqft
Floor
6th of 36
Parking
P3-70
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 11,300 /yr
Last sold
AED 720K · November 2017

About 611, Reef Residence

611 is a one-bedroom apartment of 798 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 15 November 2017 for AED 720,000, or AED 902 per sqft, 4% below the AED 940 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 611 over time

Sales
Unit 611, each saleTypical one-bed in Reef Residence
400K600K800K20152018202120242027Typical sale price by year: 2015 AED 727,858; 2016 AED 697,394; 2017 AED 837,517; 2018 AED 687,500; 2019 AED 675,000; 2020 AED 466,500; 2021 AED 500,000; 2022 AED 580,000; 2023 AED 700,000; 2024 AED 802,500; 2025 AED 850,000; 2026 AED 880,000Sold by developer, January 2016: AED 719,568 (AED 901 per sqft)Sold, November 2017: AED 720,000 (AED 902 per sqft)

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

Rents
Unit 611, each contractTypical one-bed in Reef Residence
40K60K2018202120242027Typical rent by year: 2018 AED 60,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 45,000; 2023 AED 50,000; 2024 AED 67,818; 2025 AED 70,000; 2026 AED 70,000

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 611 sits

All 127 1-beds →

611 last sold in November 2017 at AED 902 per sqft, 4% below what one-beds in Reef Residence were fetching at the time (AED 940). 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 salesUnit no.Price (AED)Summary
8 Sep 2026840,000
16 Jul 202626,488
8 Jul 2026995,000
15 May 2026810,000
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 6th floor

All 378 units in Reef Residence
Value
601StudioAED 555K · Aug 2024
602StudioAED 300K · Jan 2020
6031-bedAED 714K · Dec 2016
6042-bedAED 1.35M · Jun 2024
6051-bedAED 594K · Jan 2023
606StudioAED 230K · Oct 2018
607StudioAED 447K · Aug 2015
1–7 of 11

611, Reef Residence in numbers

  • Sold twice: first on 3 January 2016 for AED 719,568, last on 15 November 2017 for AED 720,000 (AED 902 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 15 November 2017.

Questions about 611, Reef Residence

What did unit 611 last sell for?

AED 720,000 on 15 November 2017: AED 902 per sqft for 798 sqft. The unit has 2 registered sales; the first was AED 719,568 in January 2016.

How big is unit 611?

798 sqft (74.1 sqm): a one-bedroom apartment on the 6th floor of a 36-storey tower completed in 2017.

What is unit 611 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 611, Reef Residence

Starts from the last sale price (AED 720K, 15 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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