Bedroom typeJumeirah Village Circle (JVC) · Sama Alkhaleej Real Estate Development Co · 2017

Studios in Reef Residence

Studios in Jumeirah Village Circle (JVC). 1 studio sold in the last 12 months; every sale, rent and unit is below.

Last 12 months · studiosUpdated 15 February 2026
Typical price per sqftAED 1,1251 sale
Typical saleAED 595K1 sale
Typical rentAED 48K /yrAED 95 per sqft
Typical yield8.4%AED 14.20/sqft charge

About the studios in Reef Residence

Reef Residence has 177 studios, 47% of its 378 apartments, at 251 to 529 sqft. 1 of the building's 6 sales in the last 12 months were studios. The service charge is AED 14.20 per sqft a year.

1 studio sold in the 12 months to February 2026, at a median of AED 1,125 per sqft. The median sale was AED 595,000, against a median of AED 970 per sqft for the building as a whole. 37 contracts registered over the same 12 months rented them for AED 31,500 to 75,600 a year, a gross yield of about 8.4% before the service charge.

YallaValue estimates what the studios 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.

Studios
177
Share of building
47%
Size
251–529 sqft
Last sale
9 January 2026
Building
Reef Residence

Jumeirah Village Circle (JVC), Dubai

Average prices in Reef Residence

Studios in Reef Residence sell for around AED 595,000, or AED 1,125 per sqft, 16% more per sqft than the building average. The other types: AED 880,000 for one-beds and AED 1,200,000 for two-beds.

Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.

Studio price history in Reef Residence

1,0001,1001,200May 2026Nov 20262026-01-09: AED 1,125, Studio, 529 sqft

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.

Studio transactions in Reef Residence

  • CompletedStudio · 528 sqft 09 Jan 2026AED 595,0001,126 /sqft
  • CompletedStudio · 514 sqft 10 Jul 2025AED 570,0001,109 /sqft
  • CompletedStudio · 514 sqft 18 Jun 2025AED 565,0001,099 /sqft
  • CompletedStudio · 528 sqft 13 Jun 2025AED 600,0001,135 /sqft
  • CompletedStudio · 514 sqft 14 Mar 2025AED 545,0001,060 /sqft
  • CompletedStudio · 467 sqft 26 Feb 2025AED 547,5001,171 /sqft
  • CompletedStudio · 528 sqft 10 Feb 2025AED 550,0001,041 /sqft
  • CompletedStudio · 502 sqft 07 Feb 2025AED 570,0001,134 /sqft
  • CompletedStudio · 467 sqft 20 Jan 2025AED 535,0001,145 /sqft
  • CompletedStudio · 519 sqft 06 Jan 2025AED 565,0001,087 /sqft

Over the last 12 months, Reef Residence has recorded 1 studio sale. Typical homes sold for around AED 595K (about AED 1,125 per sqft) with a median size of 529 sqft.

1–10 of 296

Studios in Reef Residence

177 units
  • Unit 501Studio · 520 sqftSold AED 403K, Dec 2016
  • Unit 502Studio · 529 sqftSold AED 409K, Dec 2016
  • Unit 506Studio · 503 sqftSold AED 410K, May 2015
  • Unit 507Studio · 514 sqftSold AED 420K, May 2015
  • Unit 508Studio · 467 sqftSold AED 560K, Jul 2024
  • Unit 512Studio · 515 sqftSold AED 468K, Aug 2015
  • Unit 601Studio · 520 sqftSold AED 555K, Aug 2024
  • Unit 602Studio · 529 sqftSold AED 300K, Jan 2020
  • Unit 606Studio · 503 sqftSold AED 230K, Oct 2018
  • Unit 607Studio · 514 sqftSold AED 447K, Aug 2015
1–10 of 177
Every unit in Reef Residence, by number

Nearby in Jumeirah Village Circle (JVC)

All 316 →
BuildingSale /sqftYield
Binghatti VenusAED 1,4937.9%
Maison Elysee 3AED 1,199
Binghatti PhoenixAED 1,5007.5%
South Residences JVCAED 1,1457.2%
Orchidea ResidenceAED 9408.1%
1–5 of 315 · nearest first

Reef Residence studios in numbers

  • Across 1 DLD sale in the 12 months to February 2026, the median price in Studios in Reef Residence was AED 1,125 per sqft and the typical home sold for about AED 595K.
  • 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.
  • A studio of 251 to 529 sqft rents for AED 31,500 to 75,600 a year on the 37 contracts registered in the last 12 months.
  • Gross rental yield 8.4%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 February 2026.

Questions

How much does a studio in Reef Residence cost?

1 studio sold in the 12 months to February 2026; the median was AED 595,000, or AED 1,125 per sqft.

How much is a studio for rent in Reef Residence?

About AED 48,000 a year: that is the median of the 37 contracts for studios registered with Ejari in the 12 months to February 2026, from AED 31,500 to 75,600.

What is my studio in Reef Residence worth?

YallaValue keeps an estimate for the studios 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.

What is the rental yield in Reef Residence?

About 8.4% gross for studios, 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 251 sqft home that is about AED 3,600 a year.

Who built Reef Residence and when?

Sama Alkhaleej Real Estate Development Co; completed in 2017; 36 floors; 378 apartments.

How many studios are there in Reef Residence?

177, of 251 to 529 sqft, 47% of the building's 378 apartments.

Work it out for a home here: how much a rent can rise, the service charge for its size or a mortgage.

For sale with OpenOffers in Jumeirah Village Circle (JVC)

No Jumeirah Village Circle (JVC) property is on the board today. Follow Jumeirah Village Circle (JVC) to hear the day one is listed, or see what is for sale across Dubai with every offer public.