Sold Prices · DLD Data
Reef Tower
Al Thanyah Fifth, Dubai · Jumeirah Lakes Towers
AED 2,603
Avg Price / sqft
AED 5.4M
Avg Sale Price
4
DLD Sales Recorded
4.3%
Est. Gross Yield
Market snapshot
Reef Tower — the numbers
Reef Tower is a residential building in Al Thanyah Fifth, Dubai with approximately 121 units. Dubai Land Department records show 4 sales in the building, at an average price of AED 5.4M — around AED 2,603 per square foot.
Since January 2026, 4 sales completed in Reef Tower, with the average price per square foot moving from AED 2,751 to AED 2,263 (-17.7%). That softening can open negotiating room for buyers.
Benchmarked against average residential rents in Al Thanyah Fifth, a typical unit in Reef Tower returns an estimated 4.3% gross rental yield before service charges — a useful starting point for investors comparing towers across Al Thanyah Fifth.
Figures are from Dubai Land Department transaction records for Reef Tower; individual units vary by floor, view and finish. Gross yield is estimated against average Al Thanyah Fifth residential rents, before service charges.
Price trend
Price trend in Reef Tower
Average sale price per sqft by month since January 2026-17.7%
Transactions
Recent sold prices
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 19 Jun 2026 | Sales | - | 2,474 | AED 5.6M | AED 2,263 |
| 02 Feb 2026 | Sales | - | 2,458 | AED 6.5M | AED 2,645 |
| 28 Jan 2026 | Sales | - | 1,719 | AED 5.0M | AED 2,880 |
| 15 Jan 2026 | Sales | - | 1,739 | AED 4.6M | AED 2,623 |
About the area
Reef Tower is in JLT
Jumeirah Lake Towers (JLT) is a prominent mixed-use community in Dubai, developed by a consortium of renowned developers including Seven Tides and MAG Property Development. This dynamic area offers a harmonious blend of residential, commercial, and leisure spaces, characterized by its 26 clusters, each identified by a letter.
Explore the JLT area guideNearby
Other buildings in Al Thanyah Fifth
Serenia District - East
Al Thanyah Fifth · 82 sales · AED 3.6M avg
Eltiera Heights
Al Thanyah Fifth · 60 sales · AED 3.0M avg
Hilton Residences Dubai Jumeirah Lakes Towers
Al Thanyah Fifth · 58 sales · AED 1.7M avg
Seven City JLT
Al Thanyah Fifth · 51 sales · AED 852K avg
Mbl Signature
Al Thanyah Fifth · 42 sales · AED 1.9M avg
Serenia District - West
Al Thanyah Fifth · 34 sales · AED 2.3M avg
Mercer House
Al Thanyah Fifth · 31 sales · AED 3.7M avg
Uh East By Ellington
Al Thanyah Fifth · 30 sales · AED 2.2M avg
Saba 4
Al Thanyah Fifth · 30 sales · AED 3.6M avg
FAQ
Reef Tower: frequently asked questions
What is the average price in Reef Tower?
The average recorded sale price in Reef Tower, Al Thanyah Fifth is AED 5.4M, around AED 2,603 per square foot, based on Dubai Land Department transaction data.
Are prices in Reef Tower going up or down?
Average sale prices in Reef Tower have eased -17.7% per square foot since January 2026, across 4 DLD-recorded sales.
What rental yield can I expect in Reef Tower?
Based on average Al Thanyah Fifth residential rents against sale prices in the building, a typical unit in Reef Tower yields roughly 4.3% gross per year, before service charges and fees.
How many properties have sold in Reef Tower?
4 sales have been recorded in Reef Tower according to DLD data, across approximately 121 units.
Considering Reef Tower?
Get honest, DLD-backed guidance on pricing, yields and availability in Al Thanyah Fifth from Binayah's advisors — no pressure, just the numbers.