806, Reef Residence
Sold prices and rental history: sold once, by the developer in March 2019, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 806, Reef Residence
What is 806 worth today?
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Source: Dubai Land Department. Updated 10 February 2023.
Key facts
- Type
- Studio apartment
- Size
- 503 sqft
- Floor
- 8th of 36
- Parking
- P3-52
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,100 /yr
- Last sold
- AED 465K · March 2019
- Building
- Reef Residence
About 806, Reef Residence
806 is a studio of 503 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 6 March 2019 for AED 465,000, or AED 925 per sqft, in line with the AED 935 studios in the building were fetching at the time.
One Ejari contract is registered, from 10 February 2023. The current contract, signed on 10 February 2023, is AED 38,000 a year: a gross yield of 8.2% on the 2019 price, before the service charge of about AED 7,100 a year.
Sales and rents for 806 over time
806 has sold once; 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 806 sits
All 186 studios →806 last sold in March 2019 at AED 925 per sqft, in line with what studios in Reef Residence were fetching at the time (AED 935). 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. 806's AED 38,000 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 | |
| 802 | Studio | 529 sqft | AED 320KAED 320,000 · Nov 2019November 2019 | 44,000 /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 | |
| 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 |
806, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 6 March 2019 for AED 465,000, or AED 925 per sqft.
- Rented since February 2023 on one Ejari contract, at AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2019 price is 8.2%, before a service charge of about AED 7,100 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 10 February 2023.
Questions about 806, Reef Residence
What did unit 806 last sell for?
AED 465,000 on 6 March 2019, sold by the developer: AED 925 per sqft for 503 sqft. It is the only registered sale of the unit.
What is the rent for unit 806?
AED 38,000 a year on the contract signed on 10 February 2023.
How big is unit 806?
503 sqft (46.7 sqm): a studio on the 8th floor of a 36-storey tower completed in 2017.
What is unit 806 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 806, Reef Residence
Starts from the last sale price (AED 465K, 6 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 465,000
- Deposit, UAE resident (20%)
- AED 93,000
- Deposit, non-resident (40%)
- AED 186,000
- Monthly over 25 years at 3.7%
- AED 1,902
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →