Reef Residence, Jumeirah Village Circle

    Sold Prices · DLD Data

    Reef Residence

    Jumeirah Village Circle, Dubai

    AED 945

    Avg Price / sqft

    AED 900K

    Avg Sale Price

    21

    DLD Sales Recorded

    9.6%

    Est. Gross Yield

    View listings Explore Jumeirah Village Circle

    Market snapshot

    Reef Residence — the numbers

    Reef Residence is a residential building in Jumeirah Village Circle, Dubai. Dubai Land Department records show 21 sales in the building, at an average price of AED 900K — around AED 945 per square foot.

    Since January 2026, 19 sales completed in Reef Residence, with the average price per square foot moving from AED 984 to AED 1,012 (+2.9%). Prices have held broadly steady, a sign of a balanced market in the tower.

    Benchmarked against average residential rents in Jumeirah Village Circle, a typical unit in Reef Residence returns an estimated 9.6% gross rental yield before service charges — a useful starting point for investors comparing towers across Jumeirah Village Circle.

    Figures are from Dubai Land Department transaction records for Reef Residence; individual units vary by floor, view and finish. Gross yield is estimated against average Jumeirah Village Circle residential rents, before service charges.

    Price trend

    Price trend in Reef Residence

    Average sale price per sqft by month since January 2026+2.9%

    9971,0381,078Jan 26: AED 984/sqft · 3 salesJan 26Feb 26: AED 1,075/sqft · 2 salesFeb 26May 26: AED 1,035/sqft · 4 salesMay 26Jun 26: AED 1,057/sqft · 4 salesJun 26Jul 26: AED 1,091/sqft · 3 salesJul 26Sep 26: AED 1,012/sqft · 3 salesSep 26

    Unit types

    Prices by unit type

    Studio

    AED 544K

    AED 1,086/sqft

    7 sales · last 12 months

    1 Bed

    AED 885K

    AED 1,027/sqft

    5 sales · last 12 months

    2 Bed

    AED 1.5M

    AED 1,005/sqft

    7 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    08 Sept 2026Sales1886AED 840KAED 948
    07 Sept 2026Sales0503AED 515KAED 1,025
    01 Sept 2026Sales21,537AED 1.6MAED 1,064
    23 Jul 2026Sales21,537AED 1.6MAED 1,028
    09 Jul 2026Sales0520AED 540KAED 1,039
    08 Jul 2026Sales1826AED 995KAED 1,205
    23 Jun 2026Sales0514AED 525KAED 1,021
    02 Jun 2026Sales21,537AED 1.4MAED 943
    01 Jun 2026Sales21,481AED 2.0MAED 1,350
    01 Jun 2026Sales21,481AED 1.4MAED 911
    20 May 2026Sales21,481AED 1.4MAED 928
    15 May 2026Sales1798AED 810KAED 1,015
    14 May 2026Sales0467AED 540KAED 1,155
    13 May 2026Sales0514AED 535KAED 1,041
    27 Feb 2026Sales0467AED 560KAED 1,198
    12 Feb 2026Sales1925AED 880KAED 951
    29 Jan 2026Sales1886AED 900KAED 1,016
    15 Jan 2026Sales21,481AED 1.2MAED 810
    09 Jan 2026Sales0529AED 595KAED 1,126

    About the area

    Reef Residence is in Jumeirah Village Circle

    Jumeirah Village Circle (JVC) is a master-planned community developed by a consortium of reputable developers, including Damac Properties and Binghatti Developers. Known for its family-friendly environment, JVC features a mix of residential and commercial properties, designed with a focus on community living.

    Explore the Jumeirah Village Circle area guide

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    FAQ

    Reef Residence: frequently asked questions

    What is the average price in Reef Residence?

    The average recorded sale price in Reef Residence, Jumeirah Village Circle is AED 900K, around AED 945 per square foot, based on Dubai Land Department transaction data.

    Are prices in Reef Residence going up or down?

    Average sale prices in Reef Residence have risen +2.9% per square foot since January 2026, across 19 DLD-recorded sales.

    What rental yield can I expect in Reef Residence?

    Based on average Jumeirah Village Circle residential rents against sale prices in the building, a typical unit in Reef Residence yields roughly 9.6% gross per year, before service charges and fees.

    How many properties have sold in Reef Residence?

    21 sales have been recorded in Reef Residence according to DLD data.

    Considering Reef Residence?

    Get honest, DLD-backed guidance on pricing, yields and availability in Jumeirah Village Circle from Binayah's advisors — no pressure, just the numbers.

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