Market bulletin · Thu, 22 Oct 2026
Reef Residence: 0 sales worth AED 0 in 30 days
Reef Residence recorded 0 sales worth AED 0 in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Jumeirah Village Circle, Reef Residence ranked #11 of 11 leading projects by 12-month sales value; it is developed by Reef Real Estate Investment.
Leases registered in the last three months had a median annual rent of AED 45K. The best gross yield is on Studio apartments at about 8.2%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | AED 1,066 |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | AED 931 |
| Feb 25 | AED 1,041 |
| Jan 25 | AED 1,012 |
| Dec 24 | — |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 0 | 0 | 1 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 2 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 3 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 1 |
| Jan 26 | 0 | 0 | 3 |
| Dec 25 | 0 | 0 | 0 |
| Nov 25 | 0 | 0 | 2 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 0 | — | AED 0 | — | — |
| Last 3 months | 1 | down 83.3% | AED 515K | — | — |
| Last 6 months | 7 | up 16.7% | AED 6.80M | 1,025 | down 4.3% |
| Last 12 months | 14 | down 70.8% | AED 12.0M | 1,026 | up 5.9% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 14 | 100% | AED 705K | 1,026 | up 5.9% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 6 | 43% | AED 550K | 1,083 | up 3.3% |
| 1 bedroom | 4 | 29% | — | — | — |
| 2 bedrooms | 4 | 29% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 14 | 100% | AED 705K | 1,026 | up 5.9% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 48K |
| Sept 26 | AED 43K |
| Aug 26 | AED 47K |
| Jul 26 | AED 49K |
| Jun 26 | AED 74K |
| May 26 | AED 60K |
| Apr 26 | AED 49K |
| Mar 26 | AED 52K |
| Feb 26 | AED 58K |
| Jan 26 | AED 66K |
| Dec 25 | AED 50K |
| Nov 25 | AED 55K |
| Oct 25 | AED 50K |
| Sept 25 | AED 52K |
| Aug 25 | AED 50K |
| Jul 25 | AED 48K |
| Jun 25 | — |
| May 25 | AED 53K |
| Apr 25 | AED 51K |
| Mar 25 | AED 63K |
| Feb 25 | AED 52K |
| Jan 25 | AED 68K |
| Dec 24 | AED 61K |
| Nov 24 | AED 45K |
- Leases (12M)
- 259
- New leases
- 45.6%
- Median rent 3M
- AED 45K
- Rent/sqft 3M
- AED 83
| Studio apartments | AED 45K / AED 550K | 8.2% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 124 | AED 45K | AED 45K | 88 |
| 1 BR | 57 | AED 70K | AED 70K | 79 |
| 2 BR | 16 | AED 120K | — | 81 |
Competing projects in Jumeirah Village Circle
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti AmberhallBinghatti | 406 | 1,695 | — |
| Serenz Tower ADanube Properties | 332 | 2,316 | up 5.6% |
| Luma Park ViewsTownX Real Estate Development | 227 | 1,472 | up 1.7% |
| Binghatti RubyBinghatti | 165 | 1,649 | — |
| The WeaveThe Weave Real Estate Development | 168 | 1,765 | — |
| Binghatti Royale JVCBinghatti | 111 | 2,396 | — |
| Binghatti ApexBinghatti | 202 | 1,422 | down 3.4% |
| 311 BoulevardBam Eskan Real Estate Development | 134 | 1,365 | — |
| Pearl House 4Imtiaz Real Estate Investment And Development | 138 | 1,455 | — |
| Binghatti CircleBinghatti | 151 | 1,725 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 515K | Studio Apartment · 503 sqftReef Residence · Jumeirah Village Circle | 7 Sept |
Questions about Reef Residence
How many properties were sold in Reef Residence in the last year?
14 sales worth AED 12.0M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Reef Residence?
The median annual rent on leases registered in the last three months was AED 45K, and the best gross rental yield is about 8.2%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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