2811, Reef Residence
Sold prices and rental history: sold twice, last in October 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2811, Reef Residence
What is 2811 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 3 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 798 sqft
- Floor
- 28th of 36
- Parking
- P1-68
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 11,300 /yr
- Last sold
- AED 700K · October 2023
- Building
- Reef Residence
About 2811, Reef Residence
2811 is a one-bedroom apartment of 798 sqft on the 28th 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 3 October 2023 for AED 700,000, or AED 877 per sqft, 11% above the AED 788 one-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 22 November 2021, is AED 42,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 11,300 a year.
Sales and rents for 2811 over time
2811 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Reef Residence, and where 2811 sits
All 124 1-beds →2811 last sold in October 2023 at AED 877 per sqft, 11% above what one-beds in Reef Residence were fetching at the time (AED 788). Over the last 12 months one-beds sold for AED 860,000 to 900,000, around AED 970 per sqft, and rent for AED 60,000 to 82,500 a year. 2811's AED 42,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Feb 202612 February 2026 | 925 sqft | 880,000 | 950 | ||
| 29 Jan 202629 January 2026 | 886 sqft | 900,000 | 1,016 | ||
| 20 Jan 202620 January 2026 | 886 sqft | 43,010 | 48 | ||
| 21 Jul 202521 July 2025 | 886 sqft | 850,000 | 959 |
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 28th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2801 | Studio | 520 sqft | AED 519KAED 518,533 · Aug 2015August 2015 | 41,000 /yr | |
| 2802 | Studio | 529 sqft | AED 529KAED 528,524 · Sep 2015September 2015 | 32,900 /yr | |
| 2803 | 1-bed | 886 sqft | AED 758KAED 757,660 · Aug 2015August 2015 | 71,000 /yr | |
| 2804 | 2-bed | 1,537 sqft | AED 1.15MAED 1,150,000 · Apr 2018April 2018 | ||
| 2805 | 1-bed | 925 sqft | AED 855KAED 855,000 · May 2024May 2024 | 45,000 /yr | |
| 2806 | Studio | 503 sqft | AED 462KAED 461,840 · Aug 2015August 2015 | 48,000 /yr | |
| 2807 | Studio | 514 sqft | AED 473KAED 472,880 · Aug 2015August 2015 | 54,000 /yr | |
| 2808 | Studio | 467 sqft | AED 535KAED 535,000 · Jan 2025January 2025 | 55,000 /yr | |
| 2809 | 1-bed | 826 sqft | AED 740KAED 740,036 · Aug 2015August 2015 | 83,000 /yr | |
| 2810 | 2-bed | 1,481 sqft | AED 1.31MAED 1,310,000 · May 2017May 2017 | ||
| 2812 | Studio | 515 sqft | AED 540KAED 540,000 · Jul 2024July 2024 | 128,000 /yr |
2811, Reef Residence in numbers
- Sold twice: first on 27 October 2015 for AED 759,975, last on 3 October 2023 for AED 700,000 (AED 877 per sqft).
- Rented since November 2018 on 3 Ejari contracts, from AED 55,000 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 11,300 a year (AED 14.20 per sqft).
- One-beds in Reef Residence sold for AED 860,000–900,000 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 3 October 2023.
Questions about 2811, Reef Residence
What did unit 2811 last sell for?
AED 700,000 on 3 October 2023: AED 877 per sqft for 798 sqft. The unit has 2 registered sales; the first was AED 759,975 in October 2015.
What is the rent for unit 2811?
AED 42,000 a year on the contract signed on 22 November 2021. The previous contract, from March 2021, was AED 39,000; the unit has been rented since November 2018.
How big is unit 2811?
798 sqft (74.1 sqm): a one-bedroom apartment on the 28th floor of a 36-storey tower completed in 2017.
What is unit 2811 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Reef Residence sold for AED 860,000 to 900,000 in the last 12 months, around AED 970 per sqft.
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Mortgage on 2811, Reef Residence
Starts from the last sale price (AED 700K, 3 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →