2004, Reef Residence
Sold prices and rental history: sold once, by the developer in December 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2004, Reef Residence
What is 2004 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,537 sqft
- Floor
- 20th of 36
- Parking
- P2-83
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 21,800 /yr
- Last sold
- AED 1.24M · December 2015
- Building
- Reef Residence
About 2004, Reef Residence
2004 is a two-bedroom apartment of 1,537 sqft on the 20th 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 15 December 2015 for AED 1,242,995, or AED 808 per sqft, 4% below the AED 844 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 25 February 2025, is AED 115,000 a year: a gross yield of 9.3% on the 2015 price, before the service charge of about AED 21,800 a year.
Sales and rents for 2004 over time
2004 has sold once; the dashed line is the two-bed median of each year in the building.
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 2004 sits
All 61 2-beds →2004 last sold in December 2015 at AED 808 per sqft, 4% below what two-beds in Reef Residence were fetching at the time (AED 844). Over the last 12 months two-beds sold for AED 1,200,000, around AED 810 per sqft, and rent for AED 96,801 to 152,500 a year. 2004's AED 115,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jan 202615 January 2026 | 1,481 sqft | 1,200,000 | 810 | ||
| 2 Jun 20252 June 2025 | 1,537 sqft | 1,650,000 | 1,073 | ||
| 22 Oct 202422 October 2024 | 1,537 sqft | 1,450,000 | 943 | ||
| 10 Oct 202410 October 2024 | 1,481 sqft | 1,500,000 | 1,012 |
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. 6 sold in the last 12 months.
- Typical price per sqft
- AED 970
- Typical sale
- AED 880K
- Typical rent
- AED 58K /yr
- Typical yield
- 8.9%
Other units on the 20th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 520 sqft | AED 620KAED 620,000 · Aug 2025August 2025 | 49,000 /yr | ||
| 2002 | Studio | 529 sqft | AED 350KAED 350,000 · Feb 2020February 2020 | 48,000 /yr | |
| 2003 | 1-bed | 886 sqft | AED 900KAED 900,000 · Jan 2026January 2026 | 71,000 /yr | |
| 2005 | 1-bed | 925 sqft | AED 710KAED 710,000 · May 2018May 2018 | ||
| 2006 | Studio | 503 sqft | AED 423KAED 422,886 · Nov 2016November 2016 | 38,000 /yr | |
| 2007 | Studio | 514 sqft | AED 500KAED 500,000 · Jul 2024July 2024 | 60,000 /yr | |
| 2008 | Studio | 467 sqft | AED 490KAED 490,000 · Aug 2017August 2017 | 55,000 /yr | |
| 2009 | 1-bed | 826 sqft | AED 750KAED 750,000 · Jul 2023July 2023 | 40,000 /yr | |
| 2010 | 2-bed | 1,481 sqft | AED 1.35MAED 1,350,000 · Sep 2024September 2024 | 125,000 /yr | |
| 2011 | 1-bed | 798 sqft | AED 870KAED 870,000 · Feb 2024February 2024 | 80,000 /yr | |
| 2012 | Studio | 515 sqft | AED 458KAED 458,234 · Nov 2016November 2016 | 38,000 /yr |
2004, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 15 December 2015 for AED 1,242,995, or AED 808 per sqft.
- Rented since September 2020 on 4 Ejari contracts, from AED 70,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2015 price is 9.3%, before a service charge of about AED 21,800 a year (AED 14.20 per sqft).
- Two-beds in Reef Residence sold for AED 1,200,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 970 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 25 February 2025.
Questions about 2004, Reef Residence
What did unit 2004 last sell for?
AED 1,242,995 on 15 December 2015, sold by the developer: AED 808 per sqft for 1,537 sqft. It is the only registered sale of the unit.
What is the rent for unit 2004?
AED 115,000 a year on the contract signed on 25 February 2025. The previous contract, from February 2025, was AED 115,000; the unit has been rented since September 2020.
How big is unit 2004?
1,537 sqft (142.8 sqm): a two-bedroom apartment on the 20th floor of a 36-storey tower completed in 2017.
What is unit 2004 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 1,200,000 in the last 12 months, around AED 810 per sqft.
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Mortgage on 2004, Reef Residence
Starts from the last sale price (AED 1.24M, 15 December 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,242,995
- Deposit, UAE resident (20%)
- AED 248,599
- Deposit, non-resident (40%)
- AED 497,198
- Monthly over 25 years at 3.7%
- AED 5,085
Plus AED 57,216 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →