809, Reef Residence
Sold prices and rental history: sold twice, last in August 2022, 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 809, Reef Residence
What is 809 worth today?
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Source: Dubai Land Department. Updated 4 August 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 8th of 36
- Parking
- P3-77
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 11,700 /yr
- Last sold
- AED 580K · August 2022
- Building
- Reef Residence
About 809, Reef Residence
809 is a one-bedroom apartment of 826 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 4 August 2022 for AED 580,000, or AED 702 per sqft, 16% above the AED 607 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 14 May 2022, is AED 42,000 a year: a gross yield of 7.2% on the 2022 price, before the service charge of about AED 11,700 a year.
Sales and rents for 809 over time
809 has sold twice; the dashed line is the one-bed median of each year in the building.
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 809 sits
All 127 1-beds →809 last sold in August 2022 at AED 702 per sqft, 16% above what one-beds in Reef Residence were fetching at the time (AED 607). 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. 809's AED 42,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 886 sqft | 840,000 | 948 | ||
| 16 Jul 202616 July 2026 | 886 sqft | 26,488 | 29 | ||
| 8 Jul 20268 July 2026 | 826 sqft | 995,000 | 1,205 | ||
| 15 May 202615 May 2026 | 798 sqft | 810,000 | 1,015 |
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 | |
| 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 | |
| 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 |
809, Reef Residence in numbers
- Sold twice: first on 6 February 2017 for AED 786,780, last on 4 August 2022 for AED 580,000 (AED 702 per sqft).
- Rented since May 2018 on 4 Ejari contracts. The rent fell from AED 50,000 to AED 35,000 in 2021 and recovered to AED 42,000 by May 2022.
- At AED 42,000 a year the gross yield on the 2022 price is 7.2%, before a service charge of about AED 11,700 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 4 August 2022.
Questions about 809, Reef Residence
What did unit 809 last sell for?
AED 580,000 on 4 August 2022: AED 702 per sqft for 826 sqft. The unit has 2 registered sales; the first was AED 786,780 in February 2017.
What is the rent for unit 809?
AED 42,000 a year on the contract signed on 14 May 2022. The previous contract, from January 2021, was AED 35,000; the unit has been rented since May 2018.
How big is unit 809?
826 sqft (76.7 sqm): a one-bedroom apartment on the 8th floor of a 36-storey tower completed in 2017.
What is unit 809 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 809, Reef Residence
Starts from the last sale price (AED 580K, 4 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 580,000
- Deposit, UAE resident (20%)
- AED 116,000
- Deposit, non-resident (40%)
- AED 232,000
- Monthly over 25 years at 3.7%
- AED 2,373
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →