Reef Residence, Jumeirah Village Circle: sale prices and transactions
Reef Residence is a project registered with the Dubai Land Department (project no. 1587) in Jumeirah Village Circle. Since May 2015, 624 residential sales have been registered there, the latest in September 2026. Over the last 12 months, 22 sales closed at a median AED 11,048 per m² (AED 1,026 per sq ft).
- AED 11,048median price per m²
- AED 1,026median price per sq ft
- 624sales since 2015
- 22sales in 12 months
- +0.4%change year on year
Its price per m² is 30.7% below the Jumeirah Village Circle median (AED 15,931/m²). Sales combine off-plan purchases (59.1%) and resales of completed homes.
Reef Residence prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 8 | AED 540,000 | 48 m² |
| Apartment · 1 bedroom | 7 | AED 860,000 | 82 m² |
| Apartment · 2 bedrooms | 7 | AED 1,450,000 | 138 m² |
Reef Residence price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 9 | AED 8,061 | AED 749 | — |
| 2020 | 12 | AED 6,374 | AED 592 | -20.9% |
| 2021 | 13 | AED 6,441 | AED 598 | +1.1% |
| 2022 | 23 | AED 7,747 | AED 720 | +20.3% |
| 2023 | 44 | AED 8,390 | AED 779 | +8.3% |
| 2024 | 54 | AED 10,215 | AED 949 | +21.8% |
| 2025 | 33 | AED 11,082 | AED 1,030 | +8.5% |
| 2026 (to mid-October) | 19 | AED 11,030 | AED 1,025 | -0.5% |
Reef Residence rents
213 Ejari contracts started in the project over the last 12 months.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 124 | AED 45,000 | 42,112 – 50,000 | AED 45,600 |
| Apartment · 1 bedroom | 64 | AED 70,000 | 65,000 – 70,750 | AED 70,000 |
| Apartment · 2 bedrooms | 25 | AED 120,000 | 112,500 – 125,000 | AED 120,000 |
Location
- Nearest metro: Nakheel Metro Station
- Shopping mall: Marina Mall
- Landmark: Sports City Swimming Academy
Neighbouring projects in Jumeirah Village Circle
Same price per m² elsewhere in Dubai
- Eagle Heights, Dubai Sports City — AED 11,036/m²
- Lincoln Star Residence, Dubai South Residential District — AED 11,033/m²
- barari views, Majan — AED 11,052/m²
- Kappa Acca 3, Dubai South Residential District — AED 11,014/m²
Other projects in Jumeirah Village Circle
- Roxana Residence — AED 11,049/m²
- joya verde residences dubai — AED 11,095/m²
- Binghatti Gate — AED 11,000/m²
- Plaza Residences — AED 10,973/m²
- Diamond Views 2 — AED 11,157/m²
- Diamond Views 3 — AED 10,930/m²
- La Riviera Azure — AED 10,849/m²
- Binghatti Gems — AED 11,267/m²
Jumeirah Village Circle property prices · Jumeirah Village Circle rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Reef Residence?
Over the last 12 months the median is AED 1,026 per sq ft (AED 11,048 per m²) across 22 DLD sales.
How much is a studio at Reef Residence?
Median sale price AED 540,000 for a median 48 m², across 8 sales over the last 12 months.
How many sales have been registered at Reef Residence?
624 residential sales registered with the DLD between May 2015 and September 2026, 59.1% of them off-plan.
Where is Reef Residence?
In Jumeirah Village Circle (DLD area Al Barsha South Fourth), Dubai; nearest metro station per the DLD: Nakheel Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.