
802, Reef Residence
Sold prices and rental history: sold twice, last in November 2019, 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 802, Reef Residence
What is 802 worth today?
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Source: Dubai Land Department. Updated 25 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 529 sqft
- Floor
- 8th of 36
- Parking
- P3-51
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,500 /yr
- Last sold
- AED 320K · November 2019
- Building
- Reef Residence
About 802, Reef Residence
802 is a studio of 529 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. It last sold on 11 November 2019 for AED 320,000, or AED 605 per sqft, 29% below the AED 854 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 25 July 2026, is AED 44,000 a year: a gross yield of 13.8% on the 2019 price, before the service charge of about AED 7,500 a year.
Sales and rents for 802 over time
802 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 802 sits
All 186 studios →802 last sold in November 2019 at AED 605 per sqft, 29% below what studios in Reef Residence were fetching at the time (AED 854). 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. 802's AED 44,000 is in the lower 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 8th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | Studio | 520 sqft | AED 504KAED 503,534 · Apr 2016April 2016 | 48,000 /yr | |
| 803 | 1-bed | 886 sqft | AED 750KAED 750,000 · Oct 2015October 2015 | 70,000 /yr | |
| 804 | 2-bed | 1,537 sqft | AED 1.32MAED 1,324,880 · Jun 2017June 2017 | ||
| 805 | 1-bed | 925 sqft | AED 815KAED 815,000 · Oct 2024October 2024 | 36,000 /yr | |
| 806 | Studio | 503 sqft | AED 465KAED 465,000 · Mar 2019March 2019 | 38,000 /yr | |
| 807 | Studio | 514 sqft | AED 545KAED 545,000 · Mar 2025March 2025 | 49,000 /yr | |
| 808 | Studio | 467 sqft | AED 510KAED 510,000 · May 2024May 2024 | 40,000 /yr | |
| 809 | 1-bed | 826 sqft | AED 580KAED 580,000 · Aug 2022August 2022 | 42,000 /yr | |
| 810 | 2-bed | 1,481 sqft | AED 1.23MAED 1,234,800 · Apr 2017April 2017 | 74,000 /yr | |
| 811 | 1-bed | 798 sqft | AED 755KAED 754,820 · Oct 2015October 2015 | 58,800 /yr | |
| 812 | Studio | 515 sqft | AED 509KAED 508,860 · Oct 2015October 2015 | 43,000 /yr |
802, Reef Residence in numbers
- Sold twice: first on 11 October 2015 for AED 511,730, last on 11 November 2019 for AED 320,000 (AED 605 per sqft).
- Rented since April 2018 on 5 Ejari contracts. The rent fell from AED 42,000 to AED 25,000 in 2022 and recovered to AED 44,000 by July 2026.
- At AED 44,000 a year the gross yield on the 2019 price is 13.8%, before a service charge of about AED 7,500 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 25 July 2026.
Questions about 802, Reef Residence
What did unit 802 last sell for?
AED 320,000 on 11 November 2019: AED 605 per sqft for 529 sqft. The unit has 2 registered sales; the first was AED 511,730 in October 2015.
What is the rent for unit 802?
AED 44,000 a year on the contract signed on 25 July 2026. The previous contract, from February 2022, was AED 25,000; the unit has been rented since April 2018.
How big is unit 802?
529 sqft (49.1 sqm): a studio on the 8th floor of a 36-storey tower completed in 2017.
What is unit 802 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 802, Reef Residence
Starts from the last sale price (AED 320K, 11 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 320,000
- Deposit, UAE resident (20%)
- AED 64,000
- Deposit, non-resident (40%)
- AED 128,000
- Monthly over 25 years at 3.7%
- AED 1,309
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →