2-bed · 1,481 sqftReef Residence, Jumeirah Village Circle (JVC) · 9th floor · completed 2017

910, Reef Residence

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 910 · DLD and Ejari recordsUpdated 27 May 2024
Last soldAED 1.35M27 May 2024
Current rentAED 80K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 910, Reef Residence

What is 910 worth today?

Last sold for AED 1,350,000 in 2024

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27 May 2024SoldReady
AED 1,350,000AED 911 per sqft
1 Aug 2023RentedRenewal
AED 80,040/yr10 months · AED 54 per sqft
1 Aug 2022RentedNew contract
AED 80,000/yr12 months · AED 54 per sqft
15 Jun 2020RentedRenewal
AED 75,000/yr12 months · AED 51 per sqft
15 Jun 2019RentedRenewal
AED 90,000/yr12 months · AED 61 per sqft
15 Jun 2018RentedNew contract
AED 90,000/yr12 months · AED 61 per sqft
12 May 2016Sold by developerOff-plan
AED 1,102,500AED 744 per sqft

Source: Dubai Land Department. Updated 27 May 2024.

Key facts

Type
2-bed apartment
Size
1,481 sqft
Floor
9th of 36
Parking
P3-12
Developer
Sama Alkhaleej Real Estate Development Co
Completed
2017
Service charge
AED 21,000 /yr
Last sold
AED 1.35M · May 2024

About 910, Reef Residence

910 is a two-bedroom apartment of 1,481 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 27 May 2024 for AED 1,350,000, or AED 911 per sqft, 5% above the AED 865 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 80,040 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 21,000 a year.

Sales and rents for 910 over time

Sales
Unit 910, each saleTypical two-bed in Reef Residence
1M1.25M1.5M20152018202120242027Typical sale price by year: 2015 AED 1,242,995; 2016 AED 1,206,534; 2017 AED 1,324,880; 2018 AED 1,250,000; 2022 AED 1,000,000; 2023 AED 1,250,000; 2024 AED 1,350,000; 2026 AED 1,450,000Sold by developer, May 2016: AED 1,102,500 (AED 744 per sqft)Sold, May 2024: AED 1,350,000 (AED 911 per sqft)

910 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 910, each contractTypical two-bed in Reef Residence
75K100K125K2018202120242027Typical rent by year: 2018 AED 95,000; 2019 AED 88,000; 2020 AED 71,000; 2021 AED 70,000; 2022 AED 77,000; 2023 AED 86,512; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 120,000New contract, June 2018: AED 90,000 a yearRenewal, June 2019: AED 90,000 a yearRenewal, June 2020: AED 75,000 a yearNew contract, August 2022: AED 80,000 a yearRenewal, August 2023: AED 80,040 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Reef Residence, and where 910 sits

All 65 2-beds →

910 last sold in May 2024 at AED 911 per sqft, 5% above what two-beds in Reef Residence were fetching at the time (AED 865). Over the last 12 months two-beds sold for AED 1,200,000 to 2,000,000, around AED 943 per sqft, and rent for AED 96,801 to 165,000 a year. 910's AED 80,040 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Sep 20261,635,000
23 Jul 20261,580,000
2 Jun 20261,450,000
1 Jun 20262,000,000
7 2-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
9031-bedAED 850K · Aug 2023
9042-bedAED 1.21M · Aug 2016
9051-bedAED 695K · May 2016
906StudioAED 477K · Apr 2016
907StudioAED 1M · Nov 2024
1–7 of 11

910, Reef Residence in numbers

  • Sold twice: first on 12 May 2016 for AED 1,102,500, last on 27 May 2024 for AED 1,350,000 (AED 911 per sqft).
  • Rented since June 2018 on 5 Ejari contracts, from AED 90,000 to AED 80,040 a year.
  • At AED 80,040 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 21,000 a year (AED 14.20 per sqft).
  • Two-beds in Reef Residence sold for AED 1,200,000–2,000,000 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 27 May 2024.

Questions about 910, Reef Residence

What did unit 910 last sell for?

AED 1,350,000 on 27 May 2024: AED 911 per sqft for 1,481 sqft. The unit has 2 registered sales; the first was AED 1,102,500 in May 2016.

What is the rent for unit 910?

AED 80,040 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 80,000; the unit has been rented since June 2018.

How big is unit 910?

1,481 sqft (137.6 sqm): a two-bedroom apartment on the 9th floor of a 36-storey tower completed in 2017.

What is unit 910 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Reef Residence sold for AED 1,200,000 to 2,000,000 in the last 12 months, around AED 943 per sqft.

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Mortgage on 910, Reef Residence

Starts from the last sale price (AED 1.35M, 27 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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