
912, Reef Residence
Sold prices and rental history: sold once, by the developer in June 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 912, Reef Residence
What is 912 worth today?
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Source: Dubai Land Department. Updated 1 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 515 sqft
- Floor
- 9th of 36
- Parking
- P3-49
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,300 /yr
- Last sold
- AED 499K · June 2016
- Building
- Reef Residence
About 912, Reef Residence
912 is a studio of 515 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 28 June 2016 for AED 498,580, or AED 968 per sqft, in line with the AED 968 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 January 2025, is AED 43,050 a year: a gross yield of 8.6% on the 2016 price, before the service charge of about AED 7,300 a year.
Sales and rents for 912 over time
912 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 912 sits
All 186 studios →912 last sold in June 2016 at AED 968 per sqft, in line with what studios in Reef Residence were fetching at the time (AED 968). 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. 912's AED 43,050 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 | |
| 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, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 28 June 2016 for AED 498,580, or AED 968 per sqft.
- Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 43,000 to AED 29,000 in 2021 and recovered to AED 43,050 by January 2025.
- At AED 43,050 a year the gross yield on the 2016 price is 8.6%, before a service charge of about AED 7,300 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 January 2025.
Questions about 912, Reef Residence
What did unit 912 last sell for?
AED 498,580 on 28 June 2016, sold by the developer: AED 968 per sqft for 515 sqft. It is the only registered sale of the unit.
What is the rent for unit 912?
AED 43,050 a year on the contract signed on 1 January 2025. The previous contract, from January 2023, was AED 37,000; the unit has been rented since January 2018.
How big is unit 912?
515 sqft (47.8 sqm): a studio on the 9th floor of a 36-storey tower completed in 2017.
What is unit 912 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 912, Reef Residence
Starts from the last sale price (AED 499K, 28 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 498,580
- Deposit, UAE resident (20%)
- AED 99,716
- Deposit, non-resident (40%)
- AED 199,432
- Monthly over 25 years at 3.7%
- AED 2,040
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →