3602, Reef Residence
Sold prices and rental history: sold once, by the developer in November 2017, 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 3602, Reef Residence
What is 3602 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 529 sqft
- Floor
- 36th of 36
- Parking
- P1-18
- Developer
- Sama Alkhaleej Real Estate Development Co
- Completed
- 2017
- Service charge
- AED 7,500 /yr
- Last sold
- AED 597K · November 2017
- Building
- Reef Residence
About 3602, Reef Residence
3602 is a studio of 529 sqft on the 36th 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 6 November 2017 for AED 596,571, or AED 1,128 per sqft, 6% above the AED 1,061 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 48,000 a year: a gross yield of 8.1% on the 2017 price, before the service charge of about AED 7,500 a year.
Sales and rents for 3602 over time
3602 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Reef Residence, and where 3602 sits
All 177 studios →3602 last sold in November 2017 at AED 1,128 per sqft, 6% above what studios in Reef Residence were fetching at the time (AED 1,061). Over the last 12 months studios sold for AED 595,000, around AED 1,125 per sqft, and rent for AED 31,500 to 75,600 a year. 3602's AED 48,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jan 20269 January 2026 | 529 sqft | 595,000 | 1,125 | ||
| 10 Jul 202510 July 2025 | 514 sqft | 570,000 | 1,108 | ||
| 18 Jun 202518 June 2025 | 514 sqft | 565,000 | 1,099 | ||
| 13 Jun 202513 June 2025 | 529 sqft | 600,000 | 1,135 |
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 36th floor
All 378 units in Reef Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3601 | Studio | 520 sqft | AED 564KAED 563,819 · Apr 2018April 2018 | 35,200 /yr | |
| 3603 | 1-bed | 886 sqft | AED 862KAED 862,311 · Dec 2017December 2017 | 72,000 /yr | |
| 3604 | 2-bed | 1,537 sqft | AED 1.39MAED 1,392,871 · Mar 2018March 2018 | 115,500 /yr | |
| 3605 | 1-bed | 925 sqft | AED 815KAED 815,000 · Apr 2018April 2018 | ||
| 3606 | Studio | 503 sqft | AED 561KAED 560,877 · Apr 2018April 2018 | 37,000 /yr | |
| 3607 | Studio | 514 sqft | AED 563KAED 562,839 · Apr 2018April 2018 | 43,000 /yr | |
| 3608 | Studio | 467 sqft | AED 559KAED 559,459 · Apr 2018April 2018 | 28,000 /yr | |
| 3609 | 1-bed | 826 sqft | AED 450KAED 450,000 · Aug 2021August 2021 | 72,000 /yr | |
| 3610 | 2-bed | 1,481 sqft | AED 1.44MAED 1,438,291 · Dec 2017December 2017 | 90,000 /yr | |
| 3611 | 1-bed | 798 sqft | AED 575KAED 575,000 · Nov 2020November 2020 | 70,000 /yr | |
| 3612 | Studio | 515 sqft | AED 563KAED 563,466 · Apr 2018April 2018 | 24,000 /yr |
3602, Reef Residence in numbers
- Sold once: by Sama Alkhaleej Real Estate Development Co on 6 November 2017 for AED 596,571, or AED 1,128 per sqft.
- Rented since June 2018 on 6 Ejari contracts. The rent fell from AED 40,000 to AED 32,000 in 2022 and recovered to AED 48,000 by June 2025.
- At AED 48,000 a year the gross yield on the 2017 price is 8.1%, before a service charge of about AED 7,500 a year (AED 14.20 per sqft).
- Studios in Reef Residence sold for AED 595,000–595,000 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 June 2025.
Questions about 3602, Reef Residence
What did unit 3602 last sell for?
AED 596,571 on 6 November 2017, sold by the developer: AED 1,128 per sqft for 529 sqft. It is the only registered sale of the unit.
What is the rent for unit 3602?
AED 48,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 42,000; the unit has been rented since June 2018.
How big is unit 3602?
529 sqft (49.1 sqm): a studio on the 36th floor of a 36-storey tower completed in 2017.
What is unit 3602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Reef Residence sold for AED 595,000 to 595,000 in the last 12 months, around AED 1,125 per sqft.
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Mortgage on 3602, Reef Residence
Starts from the last sale price (AED 597K, 6 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 596,571
- Deposit, UAE resident (20%)
- AED 119,314
- Deposit, non-resident (40%)
- AED 238,628
- Monthly over 25 years at 3.7%
- AED 2,441
Plus AED 30,066 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →