Studio · 514 sqftReef Residence, Jumeirah Village Circle (JVC) · 8th floor · completed 2017

807, Reef Residence

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 807 · DLD and Ejari recordsUpdated 10 June 2026
Last soldAED 545K14 March 2025
Current rentAED 49K /yr10 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, Reef Residence

What is 807 worth today?

Last sold for AED 545,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Jun 2026RentedNew contract
AED 49,000/yr12 months · AED 95 per sqft
1 Apr 2026RentedRenewal
AED 58,000/yr12 months · AED 113 per sqft
1 Apr 2025RentedNew contract
AED 58,000/yr12 months · AED 113 per sqft
1 Apr 2025RentedNew contract
AED 58,000/yr12 months · AED 113 per sqft
14 Mar 2025SoldReady
AED 545,000AED 1,060 per sqft
20 Dec 2018Sold by developerReady
AED 483,160AED 939 per sqft

Source: Dubai Land Department. Updated 10 June 2026.

Key facts

Type
Studio apartment
Size
514 sqft
Floor
8th of 36
Parking
P3-31
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 7,300 /yr
Last sold
AED 545K · March 2025

About 807, Reef Residence

807 is a studio of 514 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 14 March 2025 for AED 545,000, or AED 1,060 per sqft, in line with the AED 1,049 studios in the building were fetching at the time.

It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, signed on 10 June 2026, is AED 49,000 a year: a gross yield of 9.0% on the 2025 price, before the service charge of about AED 7,300 a year.

Sales and rents for 807 over time

Sales
Unit 807, 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, December 2018: AED 483,160 (AED 939 per sqft)Sold, March 2025: AED 545,000 (AED 1,060 per sqft)

807 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 807, each contractTypical studio in Reef Residence
20K40K60K2018202120242027Typical 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, April 2025: AED 58,000 a yearNew contract, April 2025: AED 58,000 a yearRenewal, April 2026: AED 58,000 a yearNew contract, June 2026: AED 49,000 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 807 sits

All 186 studios →

807 last sold in March 2025 at AED 1,060 per sqft, in line with what studios in Reef Residence were fetching at the time (AED 1,049). 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. 807's AED 49,000 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
801StudioAED 504K · Apr 2016
802StudioAED 320K · Nov 2019
8031-bedAED 750K · Oct 2015
8042-bedAED 1.32M · Jun 2017
8051-bedAED 815K · Oct 2024
806StudioAED 465K · Mar 2019
808StudioAED 510K · May 2024
1–7 of 11

807, Reef Residence in numbers

  • Sold twice: first on 20 December 2018 for AED 483,160, last on 14 March 2025 for AED 545,000 (AED 1,060 per sqft).
  • Rented since April 2025 on 4 Ejari contracts, from AED 58,000 to AED 49,000 a year.
  • At AED 49,000 a year the gross yield on the 2025 price is 9.0%, 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 10 June 2026.

Questions about 807, Reef Residence

What did unit 807 last sell for?

AED 545,000 on 14 March 2025: AED 1,060 per sqft for 514 sqft. The unit has 2 registered sales; the first was AED 483,160 in December 2018.

What is the rent for unit 807?

AED 49,000 a year on the contract signed on 10 June 2026. The previous contract, from April 2026, was AED 58,000; the unit has been rented since April 2025.

How big is unit 807?

514 sqft (47.8 sqm): a studio on the 8th floor of a 36-storey tower completed in 2017.

What is unit 807 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.

Selling 807? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 807, Reef Residence

Starts from the last sale price (AED 545K, 14 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 545,000
Deposit, UAE resident (20%)
AED 109,000
Deposit, non-resident (40%)
AED 218,000
Monthly over 25 years at 3.7%
AED 2,230

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