908, Reef Residence
Sold prices and rental history: sold 4 times, last in July 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 908, Reef Residence
What is 908 worth today?
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Source: Dubai Land Department. Updated 15 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 467 sqft
- Floor
- 9th of 36
- Parking
- P3-48
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 6,600 /yr
- Last sold
- AED 350K · July 2019
- Building
- Reef Residence
About 908, Reef Residence
908 is a studio of 467 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 16 July 2019 for AED 350,000, or AED 748 per sqft, 11% below the AED 845 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 15 April 2025, is AED 50,000 a year: a gross yield of 14.3% on the 2019 price, before the service charge of about AED 6,600 a year.
Sales and rents for 908 over time
908 has sold 4 times; 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 908 sits
All 186 studios →908 last sold in July 2019 at AED 748 per sqft, 11% below what studios in Reef Residence were fetching at the time (AED 845). 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. 908's AED 50,000 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 | |
| 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 | |
| 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 |
908, Reef Residence in numbers
- Sold 4 times: first on 15 June 2015 for AED 458,640, last on 16 July 2019 for AED 350,000 (AED 748 per sqft).
- Rented since March 2019 on 7 Ejari contracts. The rent fell from AED 36,000 to AED 24,000 in 2021 and recovered to AED 50,000 by April 2025.
- At AED 50,000 a year the gross yield on the 2019 price is 14.3%, before a service charge of about AED 6,600 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 15 April 2025.
Questions about 908, Reef Residence
What did unit 908 last sell for?
AED 350,000 on 16 July 2019: AED 748 per sqft for 467 sqft. The unit has 4 registered sales; the first was AED 458,640 in June 2015.
What is the rent for unit 908?
AED 50,000 a year on the contract signed on 15 April 2025. The previous contract, from March 2024, was AED 50,000; the unit has been rented since March 2019.
How big is unit 908?
467 sqft (43.4 sqm): a studio on the 9th floor of a 36-storey tower completed in 2017.
What is unit 908 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 908, Reef Residence
Starts from the last sale price (AED 350K, 16 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 350,000
- Deposit, UAE resident (20%)
- AED 70,000
- Deposit, non-resident (40%)
- AED 140,000
- Monthly over 25 years at 3.7%
- AED 1,432
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →