Bedroom typeJumeirah Village Circle (JVC) · Sama Alkhaleej Real Estate Development Co · 2017

Studios in Reef Residence

Studios in Jumeirah Village Circle (JVC). 7 studios sold in the last 12 months; every sale, rent and unit is below.

Last 12 months · studiosUpdated 5 November 2026
Typical price per sqftAED 1,0407 sales
Typical saleAED 540K7 sales
Typical rentAED 45K /yrAED 91 per sqft
Typical yield8.8%AED 14.20/sqft charge

About the studios in Reef Residence

Reef Residence has 186 studios, 49% of its 378 apartments, at 251 to 529 sqft. 7 of the building's 22 sales in the last 12 months were studios. The service charge is AED 14.20 per sqft a year.

7 studios sold in the 12 months to November 2026, at a median of AED 1,040 per sqft. The median sale was AED 540,000, from AED 515,000 to 595,000, against a median of AED 1,023 per sqft for the building as a whole. 134 contracts registered over the same 12 months rented them for AED 30,000 to 75,600 a year, a gross yield of about 8.8% before the service charge.

Studios
186
Share of building
49%
Size
251–529 sqft
Last sale
7 September 2026
Building
Reef Residence

Jumeirah Village Circle (JVC), Dubai

Average prices in Reef Residence

Studios in Reef Residence sell for around AED 540,000, or AED 1,040 per sqft, close to the building average. The other types: AED 870,000 for one-beds and AED 1,450,000 for two-beds.

Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.

Studio price history in Reef Residence

1,0501,1001,150May 2026Nov 20262026-01-09: AED 1,125, Studio, 529 sqft2026-02-27: AED 1,198, Studio, 467 sqft2026-05-13: AED 1,040, Studio, 514 sqft2026-05-14: AED 1,155, Studio, 467 sqft2026-06-23: AED 1,021, Studio, 514 sqft2026-07-09: AED 1,038, Studio, 520 sqft2026-09-07: AED 1,024, Studio, 503 sqftTrend: AED 1,168 to AED 1,021

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Studio transactions in Reef Residence

  • CompletedStudio · 502 sqft 07 Sep 2026AED 515,0001,025 /sqft
  • CompletedStudio · 519 sqft 09 Jul 2026AED 540,0001,039 /sqft
  • CompletedStudio · 514 sqft 23 Jun 2026AED 525,0001,021 /sqft
  • CompletedStudio · 467 sqft 14 May 2026AED 540,0001,155 /sqft
  • CompletedStudio · 514 sqft 13 May 2026AED 535,0001,041 /sqft
  • CompletedStudio · 467 sqft 27 Feb 2026AED 560,0001,198 /sqft
  • CompletedStudio · 528 sqft 09 Jan 2026AED 595,0001,126 /sqft
  • CompletedStudio · 514 sqft 04 Nov 2025AED 600,0001,165 /sqft
  • CompletedStudio · 528 sqft 16 Oct 2025AED 500,000946 /sqft
  • CompletedStudio · 519 sqft 16 Oct 2025AED 500,000962 /sqft

Over the last 12 months, Reef Residence has recorded 7 studio sales. Typical homes sold for around AED 540K (about AED 1,040 per sqft) with a median size of 514 sqft, from roughly AED 515K to AED 595K.

1–10 of 324

Studios in Reef Residence

186 units
  • Unit 501Studio · 520 sqftSold AED 403K, Dec 2016
  • Unit 502Studio · 529 sqftSold AED 409K, Dec 2016
  • Unit 506Studio · 503 sqftSold AED 410K, May 2015
  • Unit 507Studio · 514 sqftSold AED 420K, May 2015
  • Unit 508Studio · 467 sqftSold AED 560K, Jul 2024
  • Unit 512Studio · 515 sqftSold AED 468K, Aug 2015
  • Unit 601Studio · 520 sqftSold AED 555K, Aug 2024
  • Unit 602Studio · 529 sqftSold AED 300K, Jan 2020
  • Unit 606Studio · 503 sqftSold AED 230K, Oct 2018
  • Unit 607Studio · 514 sqftSold AED 447K, Aug 2015
1–10 of 186
Every unit in Reef Residence, by number

Nearby in Jumeirah Village Circle (JVC)

All 325 →
BuildingSale /sqftYield
Binghatti VenusAED 1,4817.1%
Maison Elysee 3AED 1,708
Binghatti PhoenixAED 1,5027.4%
South Residences JVCAED 1,1237.0%
Orchidea ResidenceAED 95311.0%
1–5 of 324 · nearest first

Reef Residence studios in numbers

  • Across 7 DLD sales in the 12 months to November 2026, the median price in Studios in Reef Residence was AED 1,040 per sqft and the typical home sold for about AED 540K.
  • Completed in 2017 by Sama Alkhaleej Real Estate Development Co; 36 floors of studios to two-beds; service charge AED 14.20 per sqft a year.
  • Studios of 251 to 529 sqft sold for AED 515,000 to 595,000 between January 2026 and September 2026, a median AED 1,040 per sqft.
  • A studio of 251 to 529 sqft rents for AED 30,000 to 75,600 a year on the 134 contracts registered in the last 12 months.
  • Gross rental yield 8.8%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 5 November 2026.

Questions

How much does a studio in Reef Residence cost?

7 studios sold in the 12 months to November 2026, for AED 515,000 to 595,000; the median was AED 540,000, or AED 1,040 per sqft.

How much is a studio for rent in Reef Residence?

About AED 45,000 a year: that is the median of the 134 contracts for studios registered with Ejari in the 12 months to November 2026, from AED 30,000 to 75,600.

What is the rental yield in Reef Residence?

About 8.8% gross for studios, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

What is the service charge in Reef Residence?

AED 14.20 per sqft a year. For a typical 251 sqft home that is about AED 3,600 a year.

Who built Reef Residence and when?

Sama Alkhaleej Real Estate Development Co; completed in 2017; 36 floors; 378 apartments.

How many studios are there in Reef Residence?

186, of 251 to 529 sqft, 49% of the building's 378 apartments.

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