906, Reef Residence
Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 906, Reef Residence
What is 906 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 503 sqft
- Floor
- 9th of 36
- Parking
- P3-32
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,100 /yr
- Last sold
- AED 477K · April 2016
- Building
- Reef Residence
About 906, Reef Residence
906 is a studio of 503 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. The developer sold it on 13 April 2016 for AED 476,900, or AED 948 per sqft, in line with the AED 956 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 38,962 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 7,100 a year.
Sales and rents for 906 over time
906 has sold once; 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 906 sits
All 186 studios →906 last sold in April 2016 at AED 948 per sqft, in line with what studios in Reef Residence were fetching at the time (AED 956). 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. 906's AED 38,962 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 | |
| 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 | |
| 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 |
906, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 13 April 2016 for AED 476,900, or AED 948 per sqft.
- Rented since June 2018 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 24,000 in 2021 and recovered to AED 38,962 by February 2026.
- At AED 38,962 a year the gross yield on the 2016 price is 8.2%, before a service charge of about AED 7,100 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 February 2026.
Questions about 906, Reef Residence
What did unit 906 last sell for?
AED 476,900 on 13 April 2016, sold by the developer: AED 948 per sqft for 503 sqft. It is the only registered sale of the unit.
What is the rent for unit 906?
AED 38,962 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 35,420; the unit has been rented since June 2018.
How big is unit 906?
503 sqft (46.7 sqm): a studio on the 9th floor of a 36-storey tower completed in 2017.
What is unit 906 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 906, Reef Residence
Starts from the last sale price (AED 477K, 13 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 476,900
- Deposit, UAE resident (20%)
- AED 95,380
- Deposit, non-resident (40%)
- AED 190,760
- Monthly over 25 years at 3.7%
- AED 1,951
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →