SAMA ALKHALEEJ REAL ESTATE DEVELOPMENT CO. L.L.C

Reef Residence

Completed|397 units · 1 tower

Reef Residence is a completed development by SAMA ALKHALEEJ REAL ESTATE DEVELOPMENT CO. L.L.C in Jumeirah Village Circle, comprising 397 registered units. 626 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,052 per sqft. At AED 1,052 per sqft, Reef Residence prices 23% below the Jumeirah Village Circle median of AED 1,372 per sqft on registered sales.

PIX© price · ↑1.1% YoY

851KAED

Typical

1,052AED

PSF

Gross yield

8.0%

PIX© rent ÷ PIX© price

Sale records

626

DLD · all time

Rent contracts

1,965

Ejari · all time

SATELLITE

LocationJumeirah Village Circle

Drive times · typical

Downtown Dubai22 min · 21.5 km

DXB Airport26 min · 34.3 km

DIFC26 min · 25.5 km

Dubai Marina21 min · 16.3 km

Palm Jumeirah21 min · 18.3 km

Nearest · straight-line

Metro stationJumeirah Golf Estates Metro Station 15.8 km

MallGOOD PLACE RESTAURANT0.3 km

SchoolMELODY STARS Music, Dance & Brainobrain-JVC0.4 km

HospitalJAMAL.ALSHAM.CLINC0.8 km

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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 19

…

1 Bed on Floor 19, Reef Residence

Size
Record: Feb 2016 to Oct 2025
Owners: 4
Tenants: 5
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
4Owner 4	24 Oct 2025	11 mo	Current owner
Owner 3	20 Mar 2025		Title registered
3Owner 3	12 Sep 2024	13 mo
5Tenant 5	20 Sep 2023	10 mo	Owner 2
4Tenant 4	19 Jun 2023	3 mo	Owner 2
2Owner 2	13 Apr 2023	17 mo	Sold with tenant in place
3Tenant 3	20 Sep 2022	9 mo	Renewal · Ended early Owner 1
3Tenant 3	20 Sep 2021	12 mo	Owner 1
2Tenant 2	2 Aug 2020	13 mo	Owner 1
1Tenant 1	1 Apr 2018	2.3 yrs	Owner 1
1Owner 1	9 Feb 2016	7.2 yrs

PIX© Airbnb Calculator

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

1 Bed · Floor 19 · Reef Residence

Nightly rateAED

Occupancy (237 nights)

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Reef Residence1,052AED/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	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 277 - 1,998 sqft	397	851K	1,052	↑1.1%		68K	8.0%
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	-	-	-
Warehouse 277 - 1,202 sqft	12	-	-	-	-	-	-

Sales - Project-Wide626 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
8 Sep 2026	1 Bed	Reef Residence · Floor 32	886	840,000	948	-3.4%	Entry Level	Standard Sale
7 Sep 2026	Studio	Reef Residence · Floor 34	503	515,000	1,025	-9.9%	Entry Level	Standard Sale
1 Sep 2026	2 Bed	Reef Residence · Floor 14	1,537	1,635,000	1,064	+27.2%	Standard	Standard Sale

Rentals - Project-Wide1,965 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
26 Sep 2026	Studio	Reef Residence · Floor 25	515	40,000	78	-	Entry Level	CONTRACT
16 Sep 2026	Studio	Reef Residence · Floor 7	529	42,000	79	-	Entry Level	CONTRACT
15 Sep 2026	Studio	Reef Residence · Floor 12	520	66,000	127	-	Premium	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 Residence

Compared with

Plaza Residences 2

PIX© PSF

1,039

Rank

#49 of 60

#48 of 60

Typical price

850K

Yield

8.5%

Units

397

398

Sales

157

213

Rents

928

874

Developer

SAMA ALKHALEEJ REAL ESTATE DEVELOPMENT CO. L.L.C

SKY OVERSEAS REAL ESTATE DEVELOPMENT L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Rigel MYRA REAL ESTATE DEVEIOPMENT L.L.C · Completed	376					62	464
	Roxana Residences ROSE HOMES INVESTMENT (L.L.C) · Completed	255					163	705
	Tower 108 DAMAC · Completed	418					175	1,165
	Pantheon Elysee PANTHEON REAL ESTATE DEVELOPMENT L.L.C · Completed	272					81	532
	Plaza Residences 2 SKY OVERSEAS REAL ESTATE DEVELOPMENT L.L.C · Completed	398					213	874
49	Reef Residence SAMA ALKHALEEJ REAL ESTATE DEVELOPMENT CO. L.L.C · Completed	397	1,039	Subject	850K	8.5%	157	928
	Diamond Views 4 DIAMOND DEVELOPERS CO.LIMITED · Completed	232					57	531
	Diamond Views 2 DIAMOND DEVELOPERS CO.LIMITED · Completed	191					71	493
	Lucky 1 Residence LUCKY AEON REAL ESTATE DEVELOPMENT · Completed	144					31	348
	May Residence MAY REAL ESTATE DEVELOPMENT · Completed	339					321	985
	Tuscan Residences DAMAC · Completed	530					185	1,585

Community median 1,372 AED/sqft. Showing the closest-ranked peers of 60 ranked projects in the community. 67 community projects excluded for insufficient recorded sales. 152 excluded for trading only in the off-plan market. Peer set trimmed to the most similar projects by unit size, vintage and status. 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 Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Plaza Residences 2AED 1,040/sqft
Pantheon ElyseeAED 1,072/sqft
Diamond Views 4AED 1,032/sqft
Tower 108AED 1,089/sqft
Diamond Views 2AED 1,008/sqft
Roxana ResidencesAED 1,103/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 1,052 per sqft, or about AED 851,294 for a typical unit, based on 626 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.

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 8.0% 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 397 registered units, per the Dubai Land Department unit register.

Have prices in Reef Residence gone up or down?

Price per sqft has risen +1.1% over the last 12 months, to AED 1,052, across 626 registered sales.