Studio · 520 sqftReef Residence, Jumeirah Village Circle (JVC) · 8th floor · completed 2017

801, Reef Residence

Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 801 · DLD and Ejari recordsUpdated 29 June 2025
Last soldAED 504K14 April 2016
Current rentAED 48K /yr29 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 801, Reef Residence

What is 801 worth today?

Last sold for AED 503,534 in 2016

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29 Jun 2025RentedRenewal
AED 48,000/yr12 months · AED 93 per sqft
29 Jun 2024RentedNew contract
AED 47,000/yr12 months · AED 91 per sqft
21 Oct 2019RentedNew contract
AED 36,000/yr6 months · AED 69 per sqft
22 Feb 2018RentedNew contract
AED 44,082/yr12 months · AED 85 per sqft
14 Apr 2016Sold by developerOff-plan
AED 503,534AED 968 per sqft

Source: Dubai Land Department. Updated 29 June 2025.

Key facts

Type
Studio apartment
Size
520 sqft
Floor
8th of 36
Parking
P3-50
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 7,400 /yr
Last sold
AED 504K · April 2016

About 801, Reef Residence

801 is a studio of 520 sqft on the 8th 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 14 April 2016 for AED 503,534, or AED 968 per sqft, in line with the AED 958 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 29 June 2025, is AED 48,000 a year: a gross yield of 9.5% on the 2016 price, before the service charge of about AED 7,400 a year.

Sales and rents for 801 over time

Sales
Unit 801, each saleTypical studio in Reef Residence
400K20152018202120242027Typical sale price by year: 2015 AED 472,880; 2016 AED 521,995; 2017 AED 540,540; 2018 AED 483,160; 2019 AED 350,000; 2020 AED 340,000; 2021 AED 321,250; 2022 AED 375,000; 2023 AED 401,000; 2024 AED 530,000; 2025 AED 548,750; 2026 AED 540,000Sold by developer, April 2016: AED 503,534 (AED 968 per sqft)

801 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 801, each contractTypical studio in Reef Residence
40K2018202120242027Typical rent by year: 2018 AED 40,000; 2019 AED 38,000; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 30,000; 2023 AED 36,000; 2024 AED 44,000; 2025 AED 46,452; 2026 AED 45,000New contract, February 2018: AED 44,082 a yearNew contract, October 2019: AED 36,000 a yearNew contract, June 2024: AED 47,000 a yearRenewal, June 2025: AED 48,000 a year

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 801 sits

All 186 studios →

801 last sold in April 2016 at AED 968 per sqft, in line with what studios in Reef Residence were fetching at the time (AED 958). 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. 801's AED 48,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Sep 2026515,000
9 Jul 2026540,000
23 Jun 2026525,000
14 May 2026540,000
7 studio 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 8th floor

All 378 units in Reef Residence
Value
802StudioAED 320K · Nov 2019
8031-bedAED 750K · Oct 2015
8042-bedAED 1.32M · Jun 2017
8051-bedAED 815K · Oct 2024
806StudioAED 465K · Mar 2019
807StudioAED 545K · Mar 2025
808StudioAED 510K · May 2024
1–7 of 11

801, Reef Residence in numbers

  • Sold once: by Sama Alkhaleej Real Estate Development Co on 14 April 2016 for AED 503,534, or AED 968 per sqft.
  • Rented since February 2018 on 4 Ejari contracts. The rent fell from AED 44,082 to AED 36,000 in 2019 and recovered to AED 48,000 by June 2025.
  • At AED 48,000 a year the gross yield on the 2016 price is 9.5%, before a service charge of about AED 7,400 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 29 June 2025.

Questions about 801, Reef Residence

What did unit 801 last sell for?

AED 503,534 on 14 April 2016, sold by the developer: AED 968 per sqft for 520 sqft. It is the only registered sale of the unit.

What is the rent for unit 801?

AED 48,000 a year on the contract renewed on 29 June 2025. The previous contract, from June 2024, was AED 47,000; the unit has been rented since February 2018.

How big is unit 801?

520 sqft (48.3 sqm): a studio on the 8th floor of a 36-storey tower completed in 2017.

What is unit 801 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 801, Reef Residence

Starts from the last sale price (AED 504K, 14 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 503,534
Deposit, UAE resident (20%)
AED 100,707
Deposit, non-resident (40%)
AED 201,414
Monthly over 25 years at 3.7%
AED 2,060

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