901, Reef Residence
Sold prices and rental history: sold twice, last in November 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 901, Reef Residence
What is 901 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 March 2022.
Key facts
- Type
- Studio apartment
- Size
- 520 sqft
- Floor
- 9th of 36
- Parking
- P3-34
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,400 /yr
- Last sold
- AED 499K · November 2017
- Building
- Reef Residence
About 901, Reef Residence
901 is a studio of 520 sqft on the 9th 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 28 November 2017 for AED 499,000, or AED 960 per sqft, 9% below the AED 1,057 studios in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 March 2022, is AED 28,000 a year: a gross yield of 5.6% on the 2017 price, before the service charge of about AED 7,400 a year.
Sales and rents for 901 over time
901 has sold twice; 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 901 sits
All 186 studios →901 last sold in November 2017 at AED 960 per sqft, 9% below what studios in Reef Residence were fetching at the time (AED 1,057). 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. 901's AED 28,000 is at the bottom 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 9th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 902 | Studio | 529 sqft | AED 400KAED 400,000 · Jul 2023July 2023 | 39,000 /yr | |
| 903 | 1-bed | 886 sqft | AED 850KAED 850,000 · Aug 2023August 2023 | ||
| 904 | 2-bed | 1,537 sqft | AED 1.21MAED 1,213,440 · Aug 2016August 2016 | 125,000 /yr | |
| 905 | 1-bed | 925 sqft | AED 695KAED 694,500 · May 2016May 2016 | 70,000 /yr | |
| 906 | Studio | 503 sqft | AED 477KAED 476,900 · Apr 2016April 2016 | 38,962 /yr | |
| 907 | Studio | 514 sqft | AED 1MAED 1,000,000 · Nov 2024November 2024 | 38,000 /yr | |
| 908 | Studio | 467 sqft | AED 350KAED 350,000 · Jul 2019July 2019 | 50,000 /yr | |
| 909 | 1-bed | 826 sqft | AED 731KAED 730,701 · Oct 2015October 2015 | 70,000 /yr | |
| 910 | 2-bed | 1,481 sqft | AED 1.35MAED 1,350,000 · May 2024May 2024 | 80,040 /yr | |
| 911 | 1-bed | 798 sqft | AED 600KAED 600,000 · Mar 2022March 2022 | 65,000 /yr | |
| 912 | Studio | 515 sqft | AED 499KAED 498,580 · Jun 2016June 2016 | 43,050 /yr |
901, Reef Residence in numbers
- Sold twice: first on 13 April 2016 for AED 503,430, last on 28 November 2017 for AED 499,000 (AED 960 per sqft).
- Rented since March 2018 on 3 Ejari contracts, from AED 40,000 to AED 28,000 a year.
- At AED 28,000 a year the gross yield on the 2017 price is 5.6%, before a service charge of about AED 7,400 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 1 March 2022.
Questions about 901, Reef Residence
What did unit 901 last sell for?
AED 499,000 on 28 November 2017: AED 960 per sqft for 520 sqft. The unit has 2 registered sales; the first was AED 503,430 in April 2016.
What is the rent for unit 901?
AED 28,000 a year on the contract signed on 1 March 2022. The previous contract, from June 2020, was AED 26,000; the unit has been rented since March 2018.
How big is unit 901?
520 sqft (48.3 sqm): a studio on the 9th floor of a 36-storey tower completed in 2017.
What is unit 901 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 901? 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.
Mortgage on 901, Reef Residence
Starts from the last sale price (AED 499K, 28 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 499,000
- Deposit, UAE resident (20%)
- AED 99,800
- Deposit, non-resident (40%)
- AED 199,600
- Monthly over 25 years at 3.7%
- AED 2,042
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →