1-bed · 925 sqftReef Residence, Jumeirah Village Circle (JVC) · 8th floor · completed 2017

805, Reef Residence

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 31 October 2024
Last soldAED 815K31 October 2024
Current rentAED 36K /yr15 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Reef Residence

What is 805 worth today?

Last sold for AED 815,000 in 2024

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31 Oct 2024SoldReady
AED 815,000AED 880 per sqft
25 Apr 2024SoldReady
AED 600,000AED 648 per sqft
15 Jul 2022RentedNew contract
AED 36,000/yr12 months · AED 39 per sqft
1 Oct 2021RentedNew contract
AED 50,000/yr12 months · AED 54 per sqft
1 Mar 2020RentedRenewal
AED 48,000/yr12 months · AED 52 per sqft
1 Mar 2019RentedNew contract
AED 60,000/yr12 months · AED 65 per sqft
23 Jun 2016Sold by developerOff-plan
AED 755,616AED 816 per sqft

Source: Dubai Land Department. Updated 31 October 2024.

Key facts

Type
1-bed apartment
Size
925 sqft
Floor
8th of 36
Parking
P3-76
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 13,100 /yr
Last sold
AED 815K · October 2024

About 805, Reef Residence

805 is a one-bedroom apartment of 925 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 31 October 2024 for AED 815,000, or AED 880 per sqft, 5% below the AED 923 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 15 July 2022, is AED 36,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 13,100 a year.

Sales and rents for 805 over time

Sales
Unit 805, 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, June 2016: AED 755,616 (AED 816 per sqft)Sold, April 2024: AED 600,000 (AED 648 per sqft)Sold, October 2024: AED 815,000 (AED 880 per sqft)

805 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 805, 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 70,000New contract, March 2019: AED 60,000 a yearRenewal, March 2020: AED 48,000 a yearNew contract, October 2021: AED 50,000 a yearNew contract, July 2022: AED 36,000 a year

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 805 sits

All 127 1-beds →

805 last sold in October 2024 at AED 880 per sqft, 5% below what one-beds in Reef Residence were fetching at the time (AED 923). 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. 805's AED 36,000 is at the bottom of that range.

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 8th floor

All 378 units in Reef Residence
Value
801StudioAED 504K · Apr 2016
802StudioAED 320K · Nov 2019
8031-bedAED 750K · Oct 2015
8042-bedAED 1.32M · Jun 2017
806StudioAED 465K · Mar 2019
807StudioAED 545K · Mar 2025
808StudioAED 510K · May 2024
1–7 of 11

805, Reef Residence in numbers

  • Sold 3 times: first on 23 June 2016 for AED 755,616, last on 31 October 2024 for AED 815,000 (AED 880 per sqft).
  • Rented since March 2019 on 4 Ejari contracts, from AED 60,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 13,100 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 31 October 2024.

Questions about 805, Reef Residence

What did unit 805 last sell for?

AED 815,000 on 31 October 2024: AED 880 per sqft for 925 sqft. The unit has 3 registered sales; the first was AED 755,616 in June 2016.

What is the rent for unit 805?

AED 36,000 a year on the contract signed on 15 July 2022. The previous contract, from October 2021, was AED 50,000; the unit has been rented since March 2019.

How big is unit 805?

925 sqft (85.9 sqm): a one-bedroom apartment on the 8th floor of a 36-storey tower completed in 2017.

What is unit 805 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 805, Reef Residence

Starts from the last sale price (AED 815K, 31 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 815,000
Deposit, UAE resident (20%)
AED 163,000
Deposit, non-resident (40%)
AED 326,000
Monthly over 25 years at 3.7%
AED 3,334

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