3003, Reef Residence
Sold prices and rental history: sold once, by the developer in May 2015, 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 3003, Reef Residence
What is 3003 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 886 sqft
- Floor
- 30th of 36
- Parking
- B1-17
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 12,600 /yr
- Last sold
- AED 731K · May 2015
- Building
- Reef Residence
About 3003, Reef Residence
3003 is a one-bedroom apartment of 886 sqft on the 30th 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 19 May 2015 for AED 731,494, or AED 825 per sqft, in line with the AED 816 one-beds 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 April 2025, is AED 55,000 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 12,600 a year.
Sales and rents for 3003 over time
3003 has sold once; 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 3003 sits
All 124 1-beds →3003 last sold in May 2015 at AED 825 per sqft, in line with what one-beds in Reef Residence were fetching at the time (AED 816). 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. 3003's AED 55,000 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 30th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3001 | Studio | 469 sqft | AED 487KAED 486,788 · May 2015May 2015 | 40,000 /yr | |
| 3002 | Studio | 529 sqft | AED 496KAED 496,168 · May 2015May 2015 | 45,600 /yr | |
| 3004 | 2-bed | 1,387 sqft | AED 1.31MAED 1,312,915 · May 2015May 2015 | 100,000 /yr | |
| 3005 | 1-bed | 925 sqft | AED 742KAED 741,675 · May 2015May 2015 | 66,000 /yr | |
| 3006 | Studio | 454 sqft | AED 446KAED 446,283 · May 2015May 2015 | 40,000 /yr | |
| 3007 | Studio | 464 sqft | AED 457KAED 456,951 · May 2015May 2015 | 42,000 /yr | |
| 3008 | Studio | 467 sqft | AED 430KAED 429,795 · May 2015May 2015 | 36,000 /yr | |
| 3009 | 1-bed | 745 sqft | AED 703KAED 703,151 · May 2015May 2015 | 63,000 /yr | |
| 3010 | 2-bed | 1,337 sqft | AED 1.23MAED 1,234,925 · May 2015May 2015 | 110,000 /yr | |
| 3011 | 1-bed | 798 sqft | AED 713KAED 712,986 · May 2015May 2015 | 50,000 /yr | |
| 3012 | Studio | 515 sqft | AED 483KAED 483,037 · May 2015May 2015 | 35,500 /yr |
3003, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 19 May 2015 for AED 731,494, or AED 825 per sqft.
- Rented since March 2018 on 5 Ejari contracts. The rent fell from AED 63,000 to AED 40,000 in 2022 and recovered to AED 55,000 by April 2025.
- At AED 55,000 a year the gross yield on the 2015 price is 7.5%, before a service charge of about AED 12,600 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 1 April 2025.
Questions about 3003, Reef Residence
What did unit 3003 last sell for?
AED 731,494 on 19 May 2015, sold by the developer: AED 825 per sqft for 886 sqft. It is the only registered sale of the unit.
What is the rent for unit 3003?
AED 55,000 a year on the contract signed on 1 April 2025. The previous contract, from April 2023, was AED 45,000; the unit has been rented since March 2018.
How big is unit 3003?
886 sqft (82.3 sqm): a one-bedroom apartment on the 30th floor of a 36-storey tower completed in 2017.
What is unit 3003 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 3003, Reef Residence
Starts from the last sale price (AED 731K, 19 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 731,494
- Deposit, UAE resident (20%)
- AED 146,299
- Deposit, non-resident (40%)
- AED 292,598
- Monthly over 25 years at 3.7%
- AED 2,993
Plus AED 35,733 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →