What is the registered annual rent for a studio in Reef Residence?

The median new annual rent is AED 45,300, from 78 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.

Have registered rents in Reef Residence risen or fallen?

The median new annual rent changed -5.6% in the trailing 12 months against the previous 12, using 78 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.

How many apartments change hands in Reef Residence?

10 sales were registered with the Dubai Land Department in the last 12 months, alongside 78 Ejari rental contracts. Every median on this page rests on those counts.

Which metro station is closest to Reef Residence?

Nakheel Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.

What is the rental yield in Reef Residence?

Reef Residence returns 8.4% gross: a median new-contract rent of AED 45,300 a year (78 Ejari contracts in 12 months) over a price benchmark of AED 537,500 (median of 10 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.

Ejari leases to 12 Oct 2026

Reef Residence rents

124 new leases and 86 renewals in 12 months
378 units
Jumeirah Village Circle
near Nakheel Metro Station

A studio here leases for about AED 45,300 a year, 9% below the typical Jumeirah Village Circle studio.

Studio · typical new lease

45,300AEDa year

AED 90/sqft · -5.6% on a year

A month, roughly: AED 3,775
Renewal: AED 45,000
vs Jumeirah Village Circle studio: 9% below the median
New leases, 12 months: 78

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Buying instead? Reef Residence sale prices →

What should a lease in Reef Residence cost?A studio leases for about AED 45,300 a year

Type	New lease	vs Jumeirah Village Circle	Leases
Studiomost leased	45,30090/sqft	45,00043 renewals	9% lesstypical 50,000	78
1 bed	70,00079/sqft	68,00029 renewals	in linetypical 70,000	35
2 bed	120,00081/sqft	120,00014 renewals	14% moretypical 105,000	11

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Jumeirah Village Circle median for the type.

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Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A studio here now costs 5.6% less than a year earlier: AED 45,300 against 48,000.

Median annual rent, Studio, as a rolling 3-month median. The band along the bottom is the number of records each month.

Start	Type	Sqft	Annual rent	Contract
5 Oct 2026	Studio	503	AED 42,000	84	New
5 Oct 2026	Studio	515	AED 38,400	75	New
1 Oct 2026	Studio	514	AED 42,000	82	New
1 Oct 2026	Studio	503	AED 40,000	80	New
1 Oct 2026	Studio	503	AED 39,690	79	Renewal
30 Sept 2026	Studio	467	AED 40,000	86	New
29 Sept 2026	Studio	520	AED 40,000	77	New
27 Sept 2026	Studio	529	AED 44,100	83	New
26 Sept 2026	Studio	515	AED 40,000	78	New
24 Sept 2026	Studio	467	AED 52,000	111	New

Showing the 60 most recent of 210 contracts starting on or after 12 Oct 2025.

About Reef ResidenceA 33-floor tower in Jumeirah Village Circle, an 18-minute drive from Dubai Marina

Reef Residence is an apartment building completed in 2017 in Jumeirah Village Circle with 378 registered units. 210 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge: Paid by the landlord · AED 15.01/sqft a year
Floors: 33
Lifts: 5
Parking bays: 439
Pools: 2

Drive times · typical

Downtown: 24 min · 23 km
DXB Airport: 25 min · 32 km
DIFC: 21 min · 27 km
Dubai Marina: 18 min · 16 km
Palm Jumeirah: 24 min · 20 km

Nearest, as registered

Metro: Nakheel Metro Station
Mall: Marina Mall
Landmark: Sports City Swimming Academy

Letting a unit in Reef Residence?56% of units here signed a yearly lease in 12 months, above the Jumeirah Village Circle median; new tenants pay less than renewing ones

Units on a yearly lease: 56%Fair; Jumeirah Village Circle median 38%; top tenth from 64%
New tenant vs renewal: -3.2%; New leases AED 52,750, renewals 54,500, all types
Short-let instead, studio: AED 327; a night on Airbnb; nets 1.4× the yearly rent at 70% occupancy, after fees, cleaning and utilities

Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement

Thinking of selling? Reef Residence sale prices →

Comparables in Jumeirah Village Circle

Every Jumeirah Village Circle building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Reef Residence places 132nd of 206; the nearest 8 are shown.

Highest rental yields in Jumeirah Village Circle →

Rank	Building	Median rent	12-month change	Contracts
128	Rigel	AED 74,000	87+1.4%	-7.5%	68
129	Binghatti Gems	AED 67,812	87+1.3%	-18.3%	27
130	Hadley Heights	AED 80,000	86+0.7%	—	129
131	Mayas Geneva	AED 80,000	86+0.7%	0.0%	31
132	Reef Residence · this building	AED 52,750	86	-18.9%	124
133–136	Roxana Residence - A, B, C, Done project rent, 4 towers	AED 60,000	85-0.1%	0.0%	97

Rank 1 is the dearest per square foot. Differences are against Reef Residence.

At studio, Reef Residence ranks 133rd of 160 by rent per square foot and 33rd of 104 by gross yield in Jumeirah Village Circle.

Market context in Jumeirah Village Circle

Registered sales activity

4,341 ready apartment sales in the 12 months to 2026-10-12.

+4.3% in median AED/sqft versus the preceding year, supported by 4,341 current and 5,371 prior price observations.

Explore sales activity

Planned apartment projects

7,847 known registered units across 37 pending projects planned within one year of the 2026-07-06 register.

29 projects had already passed their planned date; 16 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today.

Ready prices per sqft fell in 50% of 195 buildings (counted once per bedroom type) in Jumeirah Village Circle with sales in both years; the typical one moved −0.2%.

The pooled median moved +4.3%: 4.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 66% of 226 buildings (counted once per bedroom type) with leases in both years; the typical one moved −3.5%.

How these are counted

Find service-charge budget evidence for Reef Residence

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

Nearby in Jumeirah Village Circle

Every building in Jumeirah Village Circle →

Prices per sq ft around Reef Residence, on the map

Pills show median annual rent, AED. 199 buildings pinned from Google place records and Apple geocoding · Reef Residence is the inverted pinOpen in Apple Maps

Luma Park Views

Jumeirah Village Circle · 390 contracts, 12 months

85,000

AED a year median · 97/sqft

Bloom Towers C

Jumeirah Village Circle · 376 contracts, 12 months

60,000

AED a year median · 111/sqft

Bloom Towers B

Jumeirah Village Circle · 376 contracts, 12 months

60,000

AED a year median · 111/sqft

Bloom Towers A

Jumeirah Village Circle · 376 contracts, 12 months

60,000

AED a year median · 111/sqft

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Common questions

What is the registered annual rent for a studio in Reef Residence?: The median new annual rent is AED 45,300, from 78 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Reef Residence risen or fallen?: The median new annual rent changed -5.6% in the trailing 12 months against the previous 12, using 78 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
How many apartments change hands in Reef Residence?: 10 sales were registered with the Dubai Land Department in the last 12 months, alongside 78 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to Reef Residence?: Nakheel Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.
What is the rental yield in Reef Residence?: Reef Residence returns 8.4% gross: a median new-contract rent of AED 45,300 a year (78 Ejari contracts in 12 months) over a price benchmark of AED 537,500 (median of 10 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.

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Reef Residence rental record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 78 registered rental contracts in the last 12 months for the default unit type
Sources: Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record: /rent/apartments/dubai/jumeirah-village-circle/reef-residence
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “Reef Residence rents and yield.” Jumeirah Village Circle, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/jumeirah-village-circle/reef-residence

Stable dataJSON