Reef Residence
Studios to two-beds in Jumeirah Village Circle (JVC). 6 apartments sold in the last 12 months; every sale, rent and unit is below.
About Reef Residence
Reef Residence is a 38-storey residential tower in Jumeirah Village Circle, District 13. Completed in 2017 by Reef Real Estate, it offers a contemporary high-rise living environment within a master community known for its residential parks and neighbourhood retail. The building is comprised of studios, one and two-bedroom apartments, generally arranged with open-plan living areas and full-height windows for community and skyline views. Construction quality is modern high-rise, with a clean façade and practical layouts aimed at singles, couples and small families. There are 378 units in total. On-site facilities include a residents’ gym, children’s play area, landscaped podium spaces and designated barbecue areas. The tower provides covered parking across two basement levels, 24-hour security and building maintenance. Day-to-day conveniences are close by, with several supermarkets and casual dining options in the surrounding streets. Reef Residence sits within a few minutes’ drive of Sheikh Mohammed Bin Zayed Road (E311) and Al Khail Road (E44), giving straightforward access to key employment hubs across the city. Public transport is available via community bus stops; the Westar Vista Apartments 1 stop is a short walk, while the nearest metro connection is at Mall of the Emirates on the Red Line, typically reached by car in around 13 minutes depending on traffic. Popular leisure destinations such as Dubai Miracle Garden and Dubai Autodrome are also within a short drive. Overall, Reef Residence combines apartment living with practical amenities and connectivity typical of Jumeirah Village Circle, appealing to residents seeking a community setting with access to major roads and everyday services.
378 apartments over 36 floors: 177 studios of 251 to 529 sqft, 124 one-beds of 720 to 1,322 sqft and 61 two-beds of 1,337 to 1,998 sqft. The service charge is AED 14.20 per sqft a year.
6 apartments sold in the 12 months to March 2026, at a median of AED 970 per sqft. Most of the trading is in one-beds: 4 of the 6 sales, at AED 860,000 to 900,000. 70 rental contracts were registered over the same 12 months, at a typical AED 58,000 a year.
YallaValue estimates what the apartments in Reef Residence are worth today, home by home, and updates the estimates daily. An estimate is free: choose the unit in the list on this page and verify once by WhatsApp, email or Google.
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Floors
- 36
- Units
- 378
- Unit types
- Studio to 2-bed
Average prices in Reef Residence
In Reef Residence, typical sale prices over the last 12 months were around AED 595,000 for studios, AED 880,000 for one-beds and AED 1,200,000 for two-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in Reef Residence
Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.
Transaction history in Reef Residence
- Completed1-bed · 925 sqft 12 Feb 2026AED 880,000951 /sqft
- Completed1-bed · 885 sqft 29 Jan 2026AED 900,0001,016 /sqft
- Completed1-bed · 885 sqft 20 Jan 2026AED 43,01049 /sqft
- Completed2-bed · 1,481 sqft 15 Jan 2026AED 1,200,000810 /sqft
- CompletedStudio · 528 sqft 09 Jan 2026AED 595,0001,126 /sqft
- Completed885 sqft 18 Nov 2025AED 860,000971 /sqft
- Completed514 sqft 04 Nov 2025AED 600,0001,165 /sqft
- Completed412 sqft 24 Oct 2025AED 443,6211,075 /sqft
- Completed528 sqft 16 Oct 2025AED 500,000946 /sqft
- Completed519 sqft 16 Oct 2025AED 500,000962 /sqft
Over the last 12 months, Reef Residence has recorded 6 apartment sales. Typical homes sold for around AED 880K (about AED 970 per sqft) with a median size of 886 sqft; most were one-beds, from roughly AED 595K to AED 1.2M.
Units in Reef Residence
378 units- Unit 4011-bed · 960 sqftSold AED 830K, Feb 2025
- Unit 4022-bed · 1,573 sqftSold AED 675K, Jul 2020
- Unit 4031-bed · 1,322 sqftSold AED 418K, Feb 2020
- Unit 4042-bed · 1,998 sqftSold AED 1.25M, Jul 2018
- Unit 4051-bed · 1,310 sqftSold AED 710K, Jan 2019
- Unit 4062-bed · 1,419 sqftSold AED 800K, Mar 2020
- Unit 501Studio · 520 sqftSold AED 403K, Dec 2016
- Unit 502Studio · 529 sqftSold AED 409K, Dec 2016
- Unit 5031-bed · 886 sqftSold AED 835K, Mar 2025
- Unit 5042-bed · 1,537 sqftSold AED 1.2M, Jul 2024
Every unit in Reef Residence, by number
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Nearby buildings in Jumeirah Village Circle (JVC)
All 316 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Binghatti Venus | 2024 | AED 1,493 | AED 118 | 7.9% |
| Maison Elysee 3 | AED 1,199 | |||
| Binghatti Phoenix | AED 1,500 | AED 113 | 7.5% | |
| South Residences JVC | 2018 | AED 1,145 | AED 83 | 7.2% |
| Orchidea Residence | AED 940 | AED 76 | 8.1% | |
| 105 Residences by Kamdar | AED 1,552 | |||
| Samana Waves 2 | 2026 | Few sales | ||
| Knightsbridge Court | 2015 | AED 847 | AED 91 | 10.7% |
| Kensington Manor | 2015 | AED 979 | AED 108 | 11.0% |
| Al Waleed Residences | Few sales | AED 54 |
Reef Residence in numbers
- Across 6 DLD sales in the 12 months to March 2026, the median price in Reef Residence was AED 970 per sqft and the typical home sold for about AED 880K.
- 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.
- One-beds of 720 to 1,322 sqft sold for AED 860,000 to 900,000 between November 2025 and February 2026, a median AED 970 per sqft.
- A studio of 251 to 529 sqft rents for AED 31,500 to 75,600 a year on the 38 contracts registered in the last 12 months.
- Gross rental yield 8.9%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2026.
Questions about Reef Residence
How much does an one-bed in Reef Residence cost?
4 one-beds sold in the 12 months to March 2026, for AED 860,000 to 900,000; the median was AED 880,000, or AED 970 per sqft. Across all 6 sales in Reef Residence, of every type, the median was AED 880,000, or AED 970 per sqft.
How much is a studio for rent in Reef Residence?
About AED 48,000 a year: that is the median of the 38 contracts for studios registered with Ejari in the 12 months to March 2026, from AED 31,500 to 75,600. Across all 70 contracts in Reef Residence, of every type, the median was AED 58,000 a year.
What is my apartment in Reef Residence worth?
YallaValue keeps an estimate for the apartments in Reef Residence, home by home, updated daily. It is free: choose your unit in the list on this page and verify once by WhatsApp, email or Google. For a guide before that: 4 one-beds sold for AED 860,000 to 900,000 in the 12 months to March 2026.
What is the rental yield in Reef Residence?
About 8.9% gross across the building, 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, on the 2025 rate we hold on record. For a typical 886 sqft home that is about AED 12,600 a year.
Who built Reef Residence and when?
Sama Alkhaleej Real Estate Development Co; completed in 2017; 36 floors; 378 apartments.
How many apartments are there in Reef Residence?
378, studios to two-beds. Each has its own page with its full sales and rental history.
Work it out for a home here: how much a rent can rise, the service charge for its size or a mortgage.
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