612, Reef Residence
Sold prices and rental history: sold twice, last in November 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 612, Reef Residence
What is 612 worth today?
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Source: Dubai Land Department. Updated 13 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 515 sqft
- Floor
- 6th of 36
- Parking
- P3-28
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,300 /yr
- Last sold
- AED 600K · November 2025
- Building
- Reef Residence
About 612, Reef Residence
612 is a studio of 515 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 4 November 2025 for AED 600,000, or AED 1,165 per sqft, 7% above the AED 1,093 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 13 November 2025, is AED 55,000 a year: a gross yield of 9.2% on the 2025 price, before the service charge of about AED 7,300 a year.
Sales and rents for 612 over time
612 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Reef Residence, and where 612 sits
All 186 studios →612 last sold in November 2025 at AED 1,165 per sqft, 7% above what studios in Reef Residence were fetching at the time (AED 1,093). Over the last 12 months studios sold for AED 515,000 to 595,000, around AED 1,040 per sqft, and rent for AED 30,000 to 75,600 a year. 612's AED 55,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 503 sqft | 515,000 | 1,024 | ||
| 9 Jul 20269 July 2026 | 520 sqft | 540,000 | 1,038 | ||
| 23 Jun 202623 June 2026 | 514 sqft | 525,000 | 1,021 | ||
| 14 May 202614 May 2026 | 467 sqft | 540,000 | 1,155 |
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 | |
| 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, Reef Residence in numbers
- Sold twice: first on 11 August 2015 for AED 472,880, last on 4 November 2025 for AED 600,000 (AED 1,165 per sqft).
- Rented since February 2019 on 4 Ejari contracts. The rent fell from AED 38,000 to AED 23,000 in 2021 and recovered to AED 55,000 by November 2025.
- At AED 55,000 a year the gross yield on the 2025 price is 9.2%, before a service charge of about AED 7,300 a year (AED 14.20 per sqft).
- Studios in Reef Residence sold for AED 515,000–595,000 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 13 November 2025.
Questions about 612, Reef Residence
What did unit 612 last sell for?
AED 600,000 on 4 November 2025: AED 1,165 per sqft for 515 sqft. The unit has 2 registered sales; the first was AED 472,880 in August 2015.
What is the rent for unit 612?
AED 55,000 a year on the contract signed on 13 November 2025. The previous contract, from February 2021, was AED 23,000; the unit has been rented since February 2019.
How big is unit 612?
515 sqft (47.8 sqm): a studio on the 6th floor of a 36-storey tower completed in 2017.
What is unit 612 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Reef Residence sold for AED 515,000 to 595,000 in the last 12 months, around AED 1,040 per sqft.
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Mortgage on 612, Reef Residence
Starts from the last sale price (AED 600K, 4 November 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →