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Reef Tower is a completed apartment development by REEF REAL ESTATE INVESTMENT CO (L.L.C) in Jumeirah Lakes Towers, Al Thanyah Fifth, comprising 121 registered units. 266 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,292 per sqft. At AED 2,292 per sqft, Reef Tower prices 25% above the Jumeirah Lakes Towers average of AED 1,829 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 1,719 – 3,859 sqft | 121 | 5.71M | 2,292 | ↓7.5% | 307K | 5.4% | |
Office 1,719 – 3,076 sqft | 118 | ||||||
Shop 3,750 – 3,859 sqft | 3 | — | — | — | — |
| Date | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 19 Jun 2026 | Floor 13 | 2,474 | 5,600,000 | 2,263 | +138.2% | Standard | Standard Sale |
| 2 Feb 2026 | Floor 12 | 2,458 | 6,500,000 | 2,645 | +84.5% | Standard | Standard Sale |
| 28 Jan 2026 | Floor 19 | 1,719 | 4,950,000 | 2,880 | +16.5% | Standard | Standard Sale |
| Start Date | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 1 Aug 2026 | Floor 14 | 2,474 | 149,863 | 61 | +50.0% | Entry Level | new |
| 1 Aug 2026 | Floor 10 | 2,375 | 165,000 | 69 | +10.0% | Entry Level | renewal |
| 15 Jul 2026 | Floor 17 | 1,802 | 176,122 | 98 | +15.1% | Entry Level | new |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Jumeirah Lakes Towers
The closest-priced registered projects in Jumeirah Lakes Towers.
- Me Do ReAED 2,265/sqft
- Banyan Tree Residences Hillside DubaiAED 2,371/sqft
- Verde by SobhaAED 2,198/sqft
- Diamondz By DanubeAED 2,399/sqft
- Viewz 2 By DanubeAED 2,400/sqft
- Viewz 1 By DanubeAED 2,113/sqft
Common questions about Reef Tower
Answered from Dubai Land Department registered transactions.
How much does a property in Reef Tower cost?
Property in Reef Tower sells at a current PIX© price of AED 2,292 per sqft, or about AED 5,714,378 for a typical unit, based on 266 sales registered with the Dubai Land Department.
Is Reef Tower completed?
Yes. Reef Tower is recorded as completed in the Dubai Land Department project register (completed q1 2009).
Who is the developer of Reef Tower?
Reef Tower is developed by REEF REAL ESTATE INVESTMENT CO (L.L.C), the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Reef Tower?
Reef Tower yields 5.4% gross, calculated from current PIX© rent against current PIX© sale price, across 724 registered Ejari contracts.
How many units are in Reef Tower?
Reef Tower holds 121 registered units, per the Dubai Land Department unit register.
Have prices in Reef Tower gone up or down?
Price per sqft has fallen -7.5% over the last 12 months, to AED 2,292, across 266 registered sales.