Reef Tower

Completed|121 units · 1 tower

Reef Tower is a completed development by REEF REAL ESTATE INVESTMENT CO (L.L.C) in Jumeirah Lake Towers, comprising 121 registered units. 268 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,580 per sqft. At AED 2,580 per sqft, Reef Tower prices 21% above the Jumeirah Lake Towers median of AED 2,128 per sqft on registered sales.

PIX© price · ↑38.0% YoY

6.29MAED

Typical

2,580AED

PSF

Gross yield

3.6%

PIX© rent ÷ PIX© price

Sale records

268

DLD · all time

Rent contracts

590

Ejari · all time

SATELLITE

LocationJumeirah Lake Towers

Drive times · typical

Downtown Dubai26 min · 25.1 km

DXB Airport30 min · 34.8 km

DIFC28 min · 27.1 km

Dubai Marina17 min · 8.1 km

Palm Jumeirah19 min · 12.9 km

Nearest · straight-line

Metro stationDMCC Metro Station0.5 km

MallBUY POS0.2 km

SchoolEHK Hospitality Services0.2 km

HospitalArmada Medical Centre0.2 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 25

…

Office on Floor 25, Reef Tower

Size
Record: Feb 2010 to Oct 2025
Owners: 6
Tenants: 2
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
6Owner 6	16 Oct 2025		11 mo	Current owner Sold with tenant in place Mortgage
2Tenant 2	1 Jan 2024		22 mo	Renewal Owner 5
2Tenant 2	1 Jan 2023		12 mo	Renewal Owner 5
2Tenant 2	1 Jan 2022		12 mo	Renewal Owner 5
5Owner 5	3 Jan 2021		4.8 yrs	Sold with tenant in place
2Tenant 2	1 Jan 2021		12 mo	Owner 4
1Tenant 1	28 Jan 2018		14 mo	Owner 4
4Owner 4	25 Jan 2011		9.9 yrs
3Owner 3	24 Jan 2011		1 d
2Owner 2	22 Feb 2010		11 mo
Owner 1 · Undisclosed		—		Acquisition date and price not on record

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Your nightly rate and occupancy, against this unit’s registered record.

Office · Floor 25 · Reef Tower

Nightly rateAED

Occupancy (237 nights)

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Reef Tower2,580AED/sqft · project-wide

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	PIX© Rent /yr	Yield
PIX© Core Project-Wide 1,719 - 3,859 sqft	121	6.29M	2,580	↑38.0%	225K	3.6%
Office 1,719 - 3,076 sqft	118
Shop 3,750 - 3,859 sqft	3	-	-	-	-

Sales - Project-Wide268 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
9 Sep 2026	—	Reef Tower · Floor 14	2,375	6,890,000	2,901	+28.9%	Premium	Standard Sale
19 Jun 2026	—	Reef Tower · Floor 13	2,474	5,600,000	2,263	+126.7%	Entry Level	Standard Sale
2 Feb 2026	—	Reef Tower · Floor 12	2,458	6,500,000	2,645	+84.5%	Standard	Standard Sale

Rentals - Project-Wide590 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
25 Sep 2026	—	Reef Tower · Floor 12	2,375	99,863	42	-	Entry Level	CERTIFICATE
5 Sep 2026	—	Reef Tower · Floor 18	1,719	162,920	95	-	Entry Level	CERTIFICATE
5 Sep 2026	—	Reef Tower · Floor 18	1,719	162,920	95	-	Entry Level	CERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Reef Tower

Compared with

Jumeirah Business Centre 1 (JBC 1)

PIX© PSF

2,761

Rank

#9 of 29

#8 of 29

Typical price

5.72M

Yield

3.7%

Units

121

342

Sales

117

Rents

185

578

Developer

REEF REAL ESTATE INVESTMENT CO (L.L.C)

AL FAJER PROPERTIES (L. L. C)

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Silver Tower (Ag Tower) DUBAI MULTI COMMODITIES CENTRE AUTHORITY · Completed	421					136	598
	Jumeirah Business Centre 5 (JBC 5) AL FAJER PROPERTIES (L. L. C) · Completed	299					125	507
	JLT Cluster V SHEIKH SUROOR BIN MOHD ALNEHAYAN · Completed	1,045					318	2,217
	Jumeirah Business Centre 2 (JBC 2) AL FAJER PROPERTIES (L. L. C) · Completed	295					88	583
	Jumeirah Business Centre 1 (JBC 1) AL FAJER PROPERTIES (L. L. C) · Completed	342					117	578
9	Reef Tower REEF REAL ESTATE INVESTMENT CO (L.L.C) · Completed	121	2,761	Subject	5.72M	3.7%	69	185
	Platinum Tower (Pt Tower) ALSHAFAR DEVELOPMENT L.L.C · Completed	453					148	810
	Gold Tower (Au Tower) DUBAI MULTI COMMODITIES CENTRE AUTHORITY · Completed	380					129	568
	Saba Tower 1 SABA PROPERTIES DMCC · Completed	252					58	467
	Concorde Tower 32 GROUP PROPERTIES LIMITED · Completed	537					201	1,084
	Indigo Icon EMIRATES PROPERTIES INVESTMENTS LTD · Completed	246					80	532

Community median 2,128 AED/sqft. Showing the closest-ranked peers of 29 ranked projects in the community. 3 community projects excluded for insufficient recorded sales. 16 excluded for trading only in the off-plan market. 25 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Jumeirah Lake Towers

The closest-priced registered projects in Jumeirah Lake Towers.

Platinum Tower (Pt Tower)AED 2,625/sqft
Gold Tower (Au Tower)AED 2,531/sqft
Saba Tower 1AED 2,393/sqft
Jumeirah Business Centre 1 (JBC 1)AED 2,793/sqft
JLT Cluster VAED 2,807/sqft
Jumeirah Business Centre 2 (JBC 2)AED 2,807/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 2,580 per sqft, or about AED 6,291,038 for a typical unit, based on 268 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.

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 3.6% gross, calculated from current PIX© rent against current PIX© sale price, across 590 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 risen +38.0% over the last 12 months, to AED 2,580, across 268 registered sales.