2-bed · 1,481 sqftReef Residence, Jumeirah Village Circle (JVC) · 8th floor · completed 2017

810, Reef Residence

Sold prices and rental history: sold once, by the developer in April 2017, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 810 · DLD and Ejari recordsUpdated 20 October 2023
Last soldAED 1.23M30 April 2017
Current rentAED 74K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 810, Reef Residence

What is 810 worth today?

Last sold for AED 1,234,800 in 2017

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20 Oct 2023RentedNew contract
AED 74,000/yr12 months · AED 50 per sqft
20 Oct 2021RentedNew contract
AED 66,000/yr12 months · AED 44 per sqft
20 Sep 2020RentedNew contract
AED 65,000/yr13 months · AED 44 per sqft
30 Apr 2017Sold by developerOff-plan
AED 1,234,800AED 833 per sqft

Source: Dubai Land Department. Updated 20 October 2023.

Key facts

Type
2-bed apartment
Size
1,481 sqft
Floor
8th of 36
Parking
P3-10
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 21,000 /yr
Last sold
AED 1.23M · April 2017

About 810, Reef Residence

810 is a two-bedroom apartment of 1,481 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 30 April 2017 for AED 1,234,800, or AED 833 per sqft, in line with the AED 814 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 20 October 2023, is AED 74,000 a year: a gross yield of 6.0% on the 2017 price, before the service charge of about AED 21,000 a year.

Sales and rents for 810 over time

Sales
Unit 810, each saleTypical two-bed in Reef Residence
1M1.25M1.5M20152018202120242027Typical sale price by year: 2015 AED 1,242,995; 2016 AED 1,206,534; 2017 AED 1,324,880; 2018 AED 1,250,000; 2022 AED 1,000,000; 2023 AED 1,250,000; 2024 AED 1,350,000; 2026 AED 1,450,000Sold by developer, April 2017: AED 1,234,800 (AED 833 per sqft)

810 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 810, each contractTypical two-bed in Reef Residence
75K100K125K2018202120242027Typical rent by year: 2018 AED 95,000; 2019 AED 88,000; 2020 AED 71,000; 2021 AED 70,000; 2022 AED 77,000; 2023 AED 86,512; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 120,000New contract, September 2020: AED 65,000 a yearNew contract, October 2021: AED 66,000 a yearNew contract, October 2023: AED 74,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Reef Residence, and where 810 sits

All 65 2-beds →

810 last sold in April 2017 at AED 833 per sqft, in line with what two-beds in Reef Residence were fetching at the time (AED 814). Over the last 12 months two-beds sold for AED 1,200,000 to 2,000,000, around AED 943 per sqft, and rent for AED 96,801 to 165,000 a year. 810's AED 74,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Sep 20261,635,000
23 Jul 20261,580,000
2 Jun 20261,450,000
1 Jun 20262,000,000
7 2-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
8051-bedAED 815K · Oct 2024
806StudioAED 465K · Mar 2019
807StudioAED 545K · Mar 2025
1–7 of 11

810, Reef Residence in numbers

  • Sold once: by Sama Alkhaleej Real Estate Development Co on 30 April 2017 for AED 1,234,800, or AED 833 per sqft.
  • Rented since September 2020 on 3 Ejari contracts, from AED 65,000 to AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2017 price is 6.0%, before a service charge of about AED 21,000 a year (AED 14.20 per sqft).
  • Two-beds in Reef Residence sold for AED 1,200,000–2,000,000 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 20 October 2023.

Questions about 810, Reef Residence

What did unit 810 last sell for?

AED 1,234,800 on 30 April 2017, sold by the developer: AED 833 per sqft for 1,481 sqft. It is the only registered sale of the unit.

What is the rent for unit 810?

AED 74,000 a year on the contract signed on 20 October 2023. The previous contract, from October 2021, was AED 66,000; the unit has been rented since September 2020.

How big is unit 810?

1,481 sqft (137.6 sqm): a two-bedroom apartment on the 8th floor of a 36-storey tower completed in 2017.

What is unit 810 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Reef Residence sold for AED 1,200,000 to 2,000,000 in the last 12 months, around AED 943 per sqft.

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Mortgage on 810, Reef Residence

Starts from the last sale price (AED 1.23M, 30 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,234,800
Deposit, UAE resident (20%)
AED 246,960
Deposit, non-resident (40%)
AED 493,920
Monthly over 25 years at 3.7%
AED 5,052

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