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1-bed · 886 sqftReef Residence, Jumeirah Village Circle (JVC) · 9th floor · completed 2017

903, Reef Residence

Sold prices and rental history: sold 3 times, last in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 4 August 2023
Last soldAED 850K4 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 903, Reef Residence

What is 903 worth today?

Last sold for AED 850,000 in 2023

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4 Aug 2023SoldReady
AED 850,000AED 959 per sqft
26 Apr 2023SoldReady
AED 600,000AED 677 per sqft
3 Aug 2015Sold by developerOff-plan
AED 784,980AED 886 per sqft

Source: Dubai Land Department. Updated 4 August 2023.

Key facts

Type
1-bed apartment
Size
886 sqft
Floor
9th of 36
Parking
P3-79
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 12,600 /yr
Last sold
AED 850K · August 2023
Building
Reef Residence

About 903, Reef Residence

903 is a one-bedroom apartment of 886 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 4 August 2023 for AED 850,000, or AED 959 per sqft, 31% above the AED 732 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 903 over time

Sales
Unit 903, each saleTypical one-bed in Reef Residence
400K600K800K20152018202120242027Typical sale price by year: 2015 AED 727,858; 2016 AED 697,394; 2017 AED 837,517; 2018 AED 687,500; 2019 AED 675,000; 2020 AED 466,500; 2021 AED 500,000; 2022 AED 580,000; 2023 AED 700,000; 2024 AED 802,500; 2025 AED 850,000; 2026 AED 880,000Sold by developer, August 2015: AED 784,980 (AED 886 per sqft)Sold, April 2023: AED 600,000 (AED 677 per sqft)Sold, August 2023: AED 850,000 (AED 959 per sqft)

903 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 903, each contractTypical one-bed in Reef Residence
40K60K2018202120242027Typical rent by year: 2018 AED 60,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 45,000; 2023 AED 50,000; 2024 AED 67,818; 2025 AED 70,000; 2026 AED 70,000

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 903 sits

All 127 1-beds →

903 last sold in August 2023 at AED 959 per sqft, 31% above what one-beds in Reef Residence were fetching at the time (AED 732). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Sep 2026840,000
16 Jul 202626,488
8 Jul 2026995,000
15 May 2026810,000
8 1-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 9th floor

All 378 units in Reef Residence
Value
901StudioAED 499K · Nov 2017
902StudioAED 400K · Jul 2023
9042-bedAED 1.21M · Aug 2016
9051-bedAED 695K · May 2016
906StudioAED 477K · Apr 2016
907StudioAED 1M · Nov 2024
908StudioAED 350K · Jul 2019
1–7 of 11

903, Reef Residence in numbers

  • Sold 3 times: first on 3 August 2015 for AED 784,980, last on 4 August 2023 for AED 850,000 (AED 959 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 2023.

Questions about 903, Reef Residence

What did unit 903 last sell for?

AED 850,000 on 4 August 2023: AED 959 per sqft for 886 sqft. The unit has 3 registered sales; the first was AED 784,980 in August 2015.

How big is unit 903?

886 sqft (82.3 sqm): a one-bedroom apartment on the 9th floor of a 36-storey tower completed in 2017.

What is unit 903 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 903, Reef Residence

Starts from the last sale price (AED 850K, 4 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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