Reef Residence
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Reef Residence is a completed apartment development by SAMA ALKHALEEJ REAL ESTATE DEVELOPMENT CO. L.L.C in Jumeirah Village Circle, Al Barsha South Fourth, comprising 385 registered units. 632 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,088 per sqft. At AED 1,088 per sqft, Reef Residence prices 25% below the Jumeirah Village Circle average of AED 1,452 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 467 – 1,998 sqft | 385 | 868K | 1,088 | ↑5.5% | 68K | 7.8% | |
| Residential | |||||||
Studio · Apartment 467 – 529 sqft | 186 | ||||||
1 Bed · Apartment 798 – 1,322 sqft | 127 | ||||||
2 Bed · Apartment 1,419 – 1,998 sqft | 65 | ||||||
| Commercial | |||||||
Shop 930 – 1,205 sqft | 7 | — | — | — | |||
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 23 Jul 2026 | 2 Bed | Floor 26 | 1,537 | 1,580,000 | 1,028 | +18.8% | Premium | Standard Sale |
| 9 Jul 2026 | Studio | Floor 19 | 520 | 540,000 | 1,039 | +8.7% | Entry Level | Standard Sale |
| 8 Jul 2026 | 1 Bed | Floor 35 | 826 | 995,000 | 1,205 | +53.1% | Standard | Standard Sale |
| Start Date | Unit | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 1 Sep 2026 | Studio | — | 467 | 52,000 | 111 | — | Standard | renewal |
| 25 Aug 2026 | 2 Bed | — | 1,537 | 120,000 | 78 | — | Standard | renewal |
| 15 Aug 2026 | 1 Bed | Floor 36 | 798 | 75,000 | 94 | +7.1% | Premium | new |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Jumeirah Village Circle
The closest-priced registered projects in Jumeirah Village Circle.
- Diamond Views 1- Villas BAED 1,085/sqft
- Chaimaa Avenue 2AED 1,085/sqft
- Binghatti RoseAED 1,091/sqft
- Binghatti MirageAED 1,083/sqft
- Park CornerAED 1,082/sqft
- AriaAED 1,095/sqft
Common questions about Reef Residence
Answered from Dubai Land Department registered transactions.
How much does a property in Reef Residence cost?
Property in Reef Residence sells at a current PIX© price of AED 1,088 per sqft, or about AED 868,464 for a typical unit, based on 632 sales registered with the Dubai Land Department.
Is Reef Residence completed?
Yes. Reef Residence is recorded as completed in the Dubai Land Department project register (completed q4 2017).
Who is the developer of Reef Residence?
Reef Residence is developed by SAMA ALKHALEEJ REAL ESTATE DEVELOPMENT CO. L.L.C, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Reef Residence?
Reef Residence yields 7.8% gross, calculated from current PIX© rent against current PIX© sale price, across 1,965 registered Ejari contracts.
How many units are in Reef Residence?
Reef Residence holds 385 registered units, per the Dubai Land Department unit register.
Have prices in Reef Residence gone up or down?
Price per sqft has risen +5.5% over the last 12 months, to AED 1,088, across 632 registered sales.