902, Reef Residence
Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 902, Reef Residence
What is 902 worth today?
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Source: Dubai Land Department. Updated 5 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 529 sqft
- Floor
- 9th of 36
- Parking
- P3-33
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,500 /yr
- Last sold
- AED 400K · July 2023
- Building
- Reef Residence
About 902, Reef Residence
902 is a studio of 529 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 12 July 2023 for AED 400,000, or AED 756 per sqft, in line with the AED 750 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 5 October 2025, is AED 39,000 a year: a gross yield of 9.8% on the 2023 price, before the service charge of about AED 7,500 a year.
Sales and rents for 902 over time
902 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 902 sits
All 186 studios →902 last sold in July 2023 at AED 756 per sqft, in line with what studios in Reef Residence were fetching at the time (AED 750). 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. 902's AED 39,000 is in the lower half 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 | |||||
|---|---|---|---|---|---|
| 901 | Studio | 520 sqft | AED 499KAED 499,000 · Nov 2017November 2017 | 28,000 /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 |
902, Reef Residence in numbers
- Sold twice: first on 23 June 2016 for AED 515,143, last on 12 July 2023 for AED 400,000 (AED 756 per sqft).
- Rented since October 2021 on 5 Ejari contracts, from AED 26,000 to AED 39,000 a year.
- At AED 39,000 a year the gross yield on the 2023 price is 9.8%, before a service charge of about AED 7,500 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 October 2025.
Questions about 902, Reef Residence
What did unit 902 last sell for?
AED 400,000 on 12 July 2023: AED 756 per sqft for 529 sqft. The unit has 2 registered sales; the first was AED 515,143 in June 2016.
What is the rent for unit 902?
AED 39,000 a year on the contract renewed on 5 October 2025. The previous contract, from October 2024, was AED 36,000; the unit has been rented since October 2021.
How big is unit 902?
529 sqft (49.1 sqm): a studio on the 9th floor of a 36-storey tower completed in 2017.
What is unit 902 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 902, Reef Residence
Starts from the last sale price (AED 400K, 12 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →