Reef Residence, developer photograph

Developer photograph of Reef Residence

Reef Residence, Dubai

Jumeirah Village CircleMostly ready sales

Homes sold for a median AED 1,023 per sq ft. There were 24 sales in the last 12 months.

Mostly ready sales in Jumeirah Village Circle. A typical studio sold for AED 537,500.

Get a price for Reef Residence

Image: Reef Real Estate Investment Company

Median sold price
AED 1,023
Per sq ft, 12 months to 5 Oct 2026
Change in a year
+0.1%
↑ +0.1%
Registered sales
24
12 months
Lowest recent sale
AED 515,000
Recent sales shown below
Typical price
StudioAED 538,0001BRAED 860,0002BRAED 1.45M
Rounded registered medians, the last 12 months to 5 Oct 2026

Price per sq ft over five years

Median sold price each quarter, against the Jumeirah Village Circle median. Gaps mean fewer than 3 sales that quarter.

Reef Residence1,033Last recorded: 2026 Q3

Jumeirah Village Circle median1,426Last recorded: 2026 Q3

Reef Residence median AED per sq ft by quarterSale figures only. Gaps mark missing values. See the table below for exact figures.3076149221,2291,5361,8432021 Q42022 Q42023 Q42024 Q32025 Q32026 Q3Reef Residence: 612, 2021 Q4Reef Residence: 685, 2022 Q1Reef Residence: 748, 2022 Q2Reef Residence: 731, 2022 Q3Reef Residence: 749, 2022 Q4Reef Residence: 748, 2023 Q1Reef Residence: 733, 2023 Q2Reef Residence: 801, 2023 Q3Reef Residence: 853, 2023 Q4Reef Residence: 901, 2024 Q1Reef Residence: 924, 2024 Q2Reef Residence: 976, 2024 Q3Reef Residence: 973, 2024 Q4Reef Residence: 1,041, 2025 Q1Reef Residence: 1,044, 2025 Q2Reef Residence: 960, 2025 Q3Reef Residence: 971, 2025 Q4Reef Residence: 1,016, 2026 Q1Reef Residence: 1,018, 2026 Q2Reef Residence: 1,033, 2026 Q3Jumeirah Village Circle median: 853, 2021 Q4Jumeirah Village Circle median: 900, 2022 Q1Jumeirah Village Circle median: 948, 2022 Q2Jumeirah Village Circle median: 977, 2022 Q3Jumeirah Village Circle median: 936, 2022 Q4Jumeirah Village Circle median: 1,080, 2023 Q1Jumeirah Village Circle median: 1,075, 2023 Q2Jumeirah Village Circle median: 1,183, 2023 Q3Jumeirah Village Circle median: 1,234, 2023 Q4Jumeirah Village Circle median: 1,263, 2024 Q1Jumeirah Village Circle median: 1,270, 2024 Q2Jumeirah Village Circle median: 1,350, 2024 Q3Jumeirah Village Circle median: 1,318, 2024 Q4Jumeirah Village Circle median: 1,400, 2025 Q1Jumeirah Village Circle median: 1,470, 2025 Q2Jumeirah Village Circle median: 1,479, 2025 Q3Jumeirah Village Circle median: 1,536, 2025 Q4Jumeirah Village Circle median: 1,494, 2026 Q1Jumeirah Village Circle median: 1,499, 2026 Q2Jumeirah Village Circle median: 1,426, 2026 Q31,033

Exact registered values are available in the data table below.

Reef Residence: 20 periods with values of 20 labelled periods.Jumeirah Village Circle median: 20 periods with values of 20 labelled periods. Missing values break the line; they are not treated as zero.
View chart data
Reef Residence median AED per sq ft by quarter
PeriodReef ResidenceJumeirah Village Circle median
2021 Q4612853
2022 Q1685900
2022 Q2748948
2022 Q3731977
2022 Q4749936
2023 Q17481,080
2023 Q27331,075
2023 Q38011,183
2023 Q48531,234
2024 Q19011,263
2024 Q29241,270
2024 Q39761,350
2024 Q49731,318
2025 Q11,0411,400
2025 Q21,0441,470
2025 Q39601,479
2025 Q49711,536
2026 Q11,0161,494
2026 Q21,0181,499
2026 Q31,0331,426

Source: Land Department open data, 5 Oct 2026. Prices describe homes sold, not a valuation.

By number of bedrooms

Compare the median price paid for each home size.

StudioAED 538,00010 registered sales
1 bedroomAED 860,0007 registered sales
2 bedroomsAED 1.45M7 registered sales
HomeSalesMedian price, roundedSize, sq ftAED per sq ftArea rent a yearRent-to-price comparison
Studio10AED 538,0005151,044AED 48,0008.9%
1 bedroom7AED 860,000886971AED 70,0008.1%
2 bedrooms7AED 1.45M1,481979AED 95,0006.6%

Source: Land Department open data. Sale medians cover the last 12 months, to 5 Oct 2026. Rent source: Dubai Data (datadubai.ae), Continental Club Property. Area rents: Ejari, Jumeirah Village Circle.

Rents cover the whole community, not this building alone. They are the median Ejari rent for each home size. The rent-to-price comparison uses area rent and this building's sale median, before costs. It is not an observed building lease yield. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated.

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Latest registered sales

Compare the recorded prices, sizes and dates of the Reef Residence sales shown below.

Latest registered sales
2026-09-081 bedroomReady886840,000948
2026-09-07StudioReady503515,0001,024
2026-09-012 bedroomsReady1,5371,635,0001,064
2026-07-232 bedroomsReady1,5371,580,0001,028
2026-07-09StudioReady520540,0001,038
2026-07-081 bedroomReady826995,0001,205
2026-06-23StudioReady514525,0001,021
2026-06-022 bedroomsReady1,5371,450,000943

Source: Land Department open data, 5 Oct 2026. Records don't include unit numbers, so individual homes can't be identified.

What a studio in Reef Residence really costs

Use your purchase price, rent and charges to compare the cash needed and income after costs.

These inputs are examples. Sale medians and community rents help you start. They are not a quote for a home for sale.

Find your building’s approved rate on the Land Department's Service Charge Index. Match the usage and year.

How you're buying

Where your purchase costs go

The chart shows how the one-off purchase fees are divided for your inputs.

Cash you need on day one
AED 575,068
Net yield after costs
Add your service charge
Fees on top of the price
DLD transfer feeAED 21,500
DLD admin feeAED 580
Registration trustee fee (incl. VAT)AED 4,200
Agent commission (incl. VAT)AED 11,288
Total feesAED 37,568
Monthly mortgage payment
AED 0
Service charge a year
Add your service charge
Gross yield
8.9%

Source: fee schedule dated 2026-10-14. DLD transfer 4%, trustee and admin fees, mortgage registration 0.25% + AED 290, agent 2% + VAT. Official fee references and labelled calculator planning assumptions. Confirm the itemised charges in writing before a deal.

Open these figures in the full calculator

Price and size are this building's medians. Rent is the area-level Ejari median for a studio in Jumeirah Village Circle. Add the building's service charge from the Land Department's Service Charge Index to see the net yield.

Compare sold prices for the same home size

Registered sales from 6 Oct 2025 to 5 Oct 2026 in Jumeirah Village Circle. Each building needs at least ten sales of the shown bedroom count and a recorded off-plan share of 20% or less across its current annual sale sample.

Studio: Reef Residence and four price-nearest buildings
Same-window studio purchase medians
537,500515100.0%
540,000434130.0%
527,500455240.0%
550,000441370.0%
522,500415100.0%

Method: the current building first, then four other buildings closest by the same-bedroom median purchase price, with ties ordered by page identifier. We exclude five-year price windows, buildings with more than 20% off-plan registrations and bedroom samples below ten sales. If four peers are unavailable the comparison is withheld. Bedroom count and period match; home types, condition, floor and features may still differ. Ready registrations do not certify project completion.

Median price and median size are separate statistics, not a matched unit or a median price-per-sq-ft calculation. These are completed registrations, not available listings, valuations or forecasts.

Source update: 26 Oct 2026. Source: Dubai Land Department open data via Dubai Pulse, re-published by Dubai Real Estate Data (dataset), licensed CC BY 4.0. Sales to 5 Oct 2026. aggregated to medians; non-residential, land and flagged rows excluded.

Location: Jumeirah Village Circle

This map marks the parent area. It does not show the entrance or exact building position.

Map © OpenStreetMap contributors. Open a larger map

Questions people ask

These answers explain the prices and registered sales shown for Reef Residence.

What is the price per sq ft in Reef Residence?

The median sold price was AED 1,023 per sq ft. There were 24 sales over the last 12 months to 5 Oct 2026. Prices changed by +0.1% from the 12 months before. The last sale was on 8 Sept 2026.

How much does a studio in Reef Residence cost?

The median price for a studio was AED 537,500. The median size was about 515 sq ft. This covers 10 sales in the last 12 months.

What rent does a studio near Reef Residence get?

The median rent for that home size in Jumeirah Village Circle was AED 48,000 a year. The publisher sample has 7,645 Ejari contract records. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. The rent-to-price comparison is about 8.9%, before costs. This uses the building's median sale price and area rent. It is not an observed lease yield for this building.

Is Reef Residence expensive for Jumeirah Village Circle?

Reef Residence sells at 31.5% below the Jumeirah Village Circle median of AED 1,493 per sq ft, comparing both over the last 12 months.

Sources

Source update: 26 Oct 2026. Source: Dubai Land Department open data via Dubai Pulse, re-published by Dubai Real Estate Data (dataset), licensed CC BY 4.0. Sales to 5 Oct 2026. aggregated to medians; non-residential, land and flagged rows excluded. Source for rents, yields and project records: Dubai Data (datadubai.ae), Continental Club Property, based on Dubai Land Department open data, data to 22 Oct 2026, licensed CC BY 4.0. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. Publisher-reported gross yields use the publisher matched-segment sale-price denominator, not this page’s sale median; the matched-sale reporting period is not stated.