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Building guide, Jumeirah Village Circle

Reef Residence Jumeirah Village Circle, Dubai

4.2from 143 Google reviews

Reef Residence is a 38 storey residential tower in District 13 of Jumeirah Village Circle (JVC), Dubai, developed by Sama Alkhaleej Real Estate Development. Completed in November 2017, it has 378 studios and one and two bedroom apartments, with two swimming pools, a gym, a landscaped leisure deck and 24 hour security.

Key facts

Developer
Sama Alkhaleej Real Estate Development
Community
District 13, Jumeirah Village Circle
Construction started
July 2014
Completed
November 2017
Floors
38
Apartments
378
Unit types
Studios, 1 and 2 bedrooms
Architect
National Engineering Bureau

Homes on the market now

Our Sept 2026 snapshot of homes publicly on the market in Reef Residence, grouped by type. Indicative only, not listings or offers.

Currency
HomeListedAskingSold (12 mo)
Studio~7AED 555KAED 538K
1 BR~10AED 975KAED 860K
2 BR~8AED 1.7MAED 1.5M

Sold = registered sales, last 12 months. About AED 1,023 per sq ft.

Recent registered sales in Reef Residence

24 sales were registered with the Dubai Land Department in Reef Residence from 26 September 2025 to 25 September 2026. The latest 15, newest first:

  • 1 BR · 886 sq ftSept 2026AED 840,000AED 948 / sq ft
  • Studio · 503 sq ftSept 2026AED 515,000AED 1,025 / sq ft
  • 2 BR · 1,537 sq ftSept 2026AED 1,635,000AED 1,064 / sq ft
  • 2 BR · 1,537 sq ftJul 2026AED 1,580,000AED 1,028 / sq ft
  • Studio · 520 sq ftJul 2026AED 540,000AED 1,039 / sq ft
  • 1 BR · 826 sq ftJul 2026AED 995,000AED 1,205 / sq ft
  • Studio · 514 sq ftJun 2026AED 525,000AED 1,021 / sq ft
  • 2 BR · 1,537 sq ftJun 2026AED 1,450,000AED 943 / sq ft
  • 2 BR · 1,481 sq ftJun 2026AED 2,000,000AED 1,350 / sq ft
  • 2 BR · 1,481 sq ftJun 2026AED 1,350,000AED 911 / sq ft
  • 2 BR · 1,481 sq ftMay 2026AED 1,375,000AED 928 / sq ft
  • 1 BR · 798 sq ftMay 2026AED 810,000AED 1,015 / sq ft
  • Studio · 467 sq ftMay 2026AED 540,000AED 1,155 / sq ft
  • Studio · 514 sq ftMay 2026AED 535,000AED 1,041 / sq ft
  • Studio · 467 sq ftFeb 2026AED 560,000AED 1,198 / sq ft

Sizes, prices and yields by bedroom

From registered sales and Ejari rents over the same 12 months. Size range covers the middle 80% of sales.

  • Studio · Sales 10

    Typical size
    515 sq ft
    Per sq ft
    AED 1,040
    Rent a year
    AED 46K
    Gross yield
    8.5%
    Size range
    467 to 529 sq ft
  • 1 BR · Sales 7

    Typical size
    886 sq ft
    Per sq ft
    AED 1,015
    Rent a year
    AED 70K
    Gross yield
    8.1%
    Size range
    644 to 902 sq ft
  • 2 BR · Sales 7

    Typical size
    1,481 sq ft
    Per sq ft
    AED 943
    Rent a year
    AED 120K
    Gross yield
    8.3%
    Size range
    1,481 to 1,537 sq ft

Price per sq ft by quarter

Median price per sq ft of registered sales, 1 July 2025 to 25 September 2026. Quarters with fewer than 5 sales are left out.

  1. Q3 2025AED 960
  2. Q4 2025AED 971
  3. Q1 2026AED 1,016
  4. Q2 2026AED 1,018
  5. Q3 2026AED 1,033

About Reef Residence

Reef Residence stands in District 13, in the south of Jumeirah Village Circle, close to Sunmarke School and Dubai Autodrome. Main construction ran from July 2014 to November 2017, with National Engineering Bureau as architectural consultant, and the tower has been a lived in address for years.

The 38 storey tower holds 378 homes: studios, one bedroom and two bedroom apartments, served by high speed lifts. Residents share a landscaped leisure deck with two swimming pools, a gym, a children's play area and barbecue areas.

Studios make up the biggest share of the rental contracts registered in the building with the Dubai Land Department, followed by one and two bedroom apartments, and it is one of the busier rental towers in JVC. That makes it a sensible choice for first time buyers and investors after an affordable, easy to let unit.

Amenities

  • Two swimming pools
  • Gym
  • Landscaped leisure deck
  • Children's play area
  • Barbecue areas
  • High speed lifts
  • 24 hour security

Location

Reef Residence is in District 13 in the south of Jumeirah Village Circle, about 1.8 km from Sunmarke School and 2.1 km from Circle Mall. Palm Jumeirah is about 17 minutes away by car and The Dubai Mall about 22 minutes.

  • Sunmarke School1.8 km
  • Circle Mall2.1 km
  • JSS International School2.1 km
  • Nord Anglia International School Dubai2.2 km
  • Dubai Autodrome2.7 km
  • Palm JumeirahAbout 17 minutes by car
  • The Dubai MallAbout 22 minutes by car

Reef Residence: common questions

How much does an apartment cost in Reef Residence?+

In our Sept 2026 market snapshot, about 25 apartments in Reef Residence were for sale, from AED 500K to AED 2M for studio to 2 bedroom homes.

What is the rent in Reef Residence?+

In our Sept 2026 snapshot, about 74 apartments in Reef Residence were for rent at AED 40K to AED 155K a year.

What have apartments in Reef Residence sold for?+

Dubai Land Department records show 24 sales in Reef Residence from 2025-09-26 to 2026-09-25. Typical sold prices: studio AED 538K, 1 bedroom AED 860K, 2 bedroom AED 1.5M, about AED 1,023 per sq ft.

How much does a studio in Reef Residence cost?+

A typical studio in Reef Residence sold for about AED 538K, based on 10 sales registered with the Dubai Land Department from 26 September 2025 to 25 September 2026. The typical size is 515 sq ft, about AED 1,040 per sq ft. Ejari contracts put the typical rent at AED 46K a year, a gross yield of about 8.5%.

What rental yield can I expect in Reef Residence?+

Comparing typical registered rents with typical sold prices over the same 12 months gives a gross yield of about 8.5% for studios, 8.1% for 1 bedrooms, 8.3% for 2 bedrooms, before service charges and other costs.

When was Reef Residence completed?+

Reef Residence was completed in November 2017 and is a ready, lived in building.

How many apartments does Reef Residence have?+

There are 378 homes, a mix of studios and one and two bedroom apartments.

Who developed Reef Residence?+

The tower was developed by Sama Alkhaleej Real Estate Development, with National Engineering Bureau as architectural consultant.

What amenities does Reef Residence have?+

Residents have two swimming pools, a gym, a landscaped leisure deck, a children's play area, barbecue areas and 24 hour security.

Where is Reef Residence?+

It is in District 13 of Jumeirah Village Circle, about 2.1 km from Circle Mall and around 17 minutes by car from Palm Jumeirah.

Open in Google Maps

Sources: Propsearch building guide. Asking prices: EQT snapshot of homes on the market, Sept 2026. Source for sold prices and signed rents: Dubai Land Department open data via Data.Dubai, 2025-09-26 to 2026-09-25. Rating: Google.