Studio · 515 sqftReef Residence, Jumeirah Village Circle (JVC) · 8th floor · completed 2017

812, Reef Residence

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 812 · DLD and Ejari recordsUpdated 5 March 2026
Last soldAED 509K27 October 2015
Current rentAED 43K /yr5 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 812, Reef Residence

What is 812 worth today?

Last sold for AED 508,860 in 2015

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5 Mar 2026RentedRenewal
AED 43,000/yr12 months · AED 84 per sqft
5 Mar 2025RentedRenewal
AED 40,950/yr12 months · AED 80 per sqft
5 Mar 2025RentedRenewal
AED 40,950/yr12 months · AED 80 per sqft
5 Mar 2024RentedRenewal
AED 39,000/yr12 months · AED 76 per sqft
5 Mar 2023RentedNew contract
AED 36,000/yr12 months · AED 70 per sqft
15 Feb 2021RentedNew contract
AED 23,000/yr12 months · AED 45 per sqft
30 Dec 2019RentedNew contract
AED 35,000/yr12 months · AED 68 per sqft
15 Aug 2018RentedNew contract
AED 43,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 5 March 2026.

Key facts

Type
Studio apartment
Size
515 sqft
Floor
8th of 36
Parking
P3-29
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 7,300 /yr
Last sold
AED 509K · October 2015

About 812, Reef Residence

812 is a studio of 515 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 27 October 2015 for AED 508,860, or AED 988 per sqft, 6% above the AED 929 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 5 March 2026, is AED 43,000 a year: a gross yield of 8.5% on the 2015 price, before the service charge of about AED 7,300 a year.

Sales and rents for 812 over time

Sales
Unit 812, 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, October 2015: AED 508,860 (AED 988 per sqft)

812 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 812, each contractTypical studio in Reef Residence
20K40K2018202120242027Typical 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, August 2018: AED 43,000 a yearNew contract, December 2019: AED 35,000 a yearNew contract, February 2021: AED 23,000 a yearNew contract, March 2023: AED 36,000 a yearRenewal, March 2024: AED 39,000 a yearRenewal, March 2025: AED 40,950 a yearRenewal, March 2025: AED 40,950 a yearRenewal, March 2026: AED 43,000 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 812 sits

All 186 studios →

812 last sold in October 2015 at AED 988 per sqft, 6% above what studios in Reef Residence were fetching at the time (AED 929). 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. 812's AED 43,000 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
807StudioAED 545K · Mar 2025
1–7 of 11

812, Reef Residence in numbers

  • Sold once: by Sama Alkhaleej Real Estate Development Co on 27 October 2015 for AED 508,860, or AED 988 per sqft.
  • Rented since August 2018 on 8 Ejari contracts. The rent fell from AED 43,000 to AED 23,000 in 2021 and recovered to AED 43,000 by March 2026.
  • At AED 43,000 a year the gross yield on the 2015 price is 8.5%, 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 5 March 2026.

Questions about 812, Reef Residence

What did unit 812 last sell for?

AED 508,860 on 27 October 2015, sold by the developer: AED 988 per sqft for 515 sqft. It is the only registered sale of the unit.

What is the rent for unit 812?

AED 43,000 a year on the contract renewed on 5 March 2026. The previous contract, from March 2025, was AED 40,950; the unit has been rented since August 2018.

How big is unit 812?

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

What is unit 812 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 812, Reef Residence

Starts from the last sale price (AED 509K, 27 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 508,860
Deposit, UAE resident (20%)
AED 101,772
Deposit, non-resident (40%)
AED 203,544
Monthly over 25 years at 3.7%
AED 2,082

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