Reef Residence

Reef Residence is an apartment building in Jumeirah Village Circle, Dubai. The closest metro station is Nakheel Metro Station, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records from 2015 to 2026 contain 624 registered sales across all bedroom types. Current sale figures use the last 12 months; rental medians use new Ejari contracts from the same period.

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Deltas compare each yield with the Jumeirah Village Circle median for the same unit type. How these yields are computed

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At 80% occupancy. · Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

Units sold off-plan in Reef Residence between 2015 and 2018 went for a median of AED 918/sqft. The same building resells today at AED 1,026/sqft, an uplift of +44.7%.

Based on 369 off-plan sales across the building's full history.

26 resales in the last 12 months, against 44 a year on average over 2023–2025.

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26 resales in the last 12 months.

At studio, Reef Residence has registered sale prices 35% below the Jumeirah Village Circle median price per square foot of 1,600 AED, across 212 eligible buildings. It ranks 191st of 212 by price per square foot and 26th of 102 by gross yield in Jumeirah Village Circle.

Metro

Nakheel Metro Station

Mall

Marina Mall

Landmark

Sports City Swimming Academy

Floors

33

Flats

378

Lifts

5

Parking bays

439

Swimming pools

2

Flats per lift

75.6

Parking per flat

1.16

Pools per 100 flats

0.53

• Sales and rents to
  2026-09-11 — Dubai Land Department and Ejari, trailing 12 months (on record)
• Sales evidence · Studio
  11 registered sales in 12 months (on record)
• Rental evidence · Studio
  74 new and 51 renewal contracts in 12 months · rent source: this building (on record)
• Service charge
  Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project. (dubailand.gov.ae) (known gap)
• Project register
  Reef Residence: recorded complete 2017-11-26 · register data to 2026-07-06 (on record)
• Short-term assumption
  Modelled at the published 80% occupancy on 6 listings seen; the dial above changes every short-term figure on this page (read with care)
• Building record
  DLD building record · data to 2026-09-14 (on record)
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross. (known gap)

Filled dot: on record. Hollow: read with care. Dashed: a gap the site cannot close from public data.

What is the rental yield in Reef Residence?

Reef Residence returns 8.89% gross: a median new-contract rent of AED 48,000 a year (74 Ejari contracts in 12 months) over a price benchmark of AED 540,000 (median of 11 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.

How much does a studio in Reef Residence cost?

The median registered sale price is AED 540,000 (1,041 AED/sqft), from 11 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

What are apartments in Reef Residence selling for right now?

Registered sales of ready units in Reef Residence over the last 12 months have a median of 1,041 AED/sqft, across 11 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Reef Residence risen or fallen?

Median price per square foot moved -2.7% over the last 12 months against the 12 before it, on 11 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Reef Residence compare with Jumeirah Village Circle?

Its 8.89% gross yield sits +0.6 pts against the Jumeirah Village Circle median of 8.26%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.