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Dubai project data

REEF RESIDENCE: rents and rent contracts

ريف ريزيدنس

Registered sales and rent contracts for the project REEF RESIDENCE in Jumeirah Village Circle, from Dubai Land Department open data.

REEF RESIDENCE (Jumeirah Village Circle): 227 registered rent contracts in the 12 months to September 2026, median annual rent AED 54,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
26
−29.7% vs previous 12 months
Median price per sq ft
AED 1,016 per sq ft
+0.1% vs previous 12 months
Median sale price
AED 600,000
Off-plan share of sales
under 3
Registered rent contracts
227
Median annual rent
AED 54,000
Gross rental yield
under 30 sales (26)
Mortgage registrations
11
Units in the register
385

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Registered mortgage transactions only, without interest rates and without lenders.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in REEF RESIDENCE

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready26AED 1,016 per sq ft946 – 1,075

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in REEF RESIDENCE

Registered rent contracts
227
Median annual rent
AED 54,000
Middle range of registered annual rents: AED 45,000 – AED 70,000
Median annual rent per sq ft
AED 85 per sq ft
Gross rental yield
under 30 sales (26)

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Too few ready apartment sales for a gross rental yield: 26 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price per sq ft and rents by unit type in REEF RESIDENCE

Unit typeSalesMedian per sq ftMedian annual rentGross yield
Studio10AED 1,039 per sq ftAED 45,000under 30 sales (10)
1 bedroom9AED 971 per sq ftAED 70,000under 30 sales (9)
2 bedrooms7AED 943 per sq ftAED 120,000under 30 sales (7)

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in REEF RESIDENCE

MonthSalesMedian per sq ftRent contracts
Oct 20246AED 945 per sq ft18
Nov 2024under 3under 320
Dec 2024under 3under 325
Jan 2025under 3under 326
Feb 20254AED 1,041 per sq ft21
Mar 20255AED 960 per sq ft17
Apr 2025under 3under 316
May 2025under 3under 314
Jun 20256AED 1,059 per sq ft10
Jul 2025under 3under 37
Aug 20254AED 924 per sq ft23
Sep 20253AED 1,148 per sq ft28
Oct 20253AED 962 per sq ft29
Nov 2025under 3under 324
Dec 2025under 3under 318
Jan 20264AED 810 per sq ft18
Feb 2026under 3under 329
Mar 2026under 3under 314
Apr 2026under 3under 311
May 20264AED 1,015 per sq ft16
Jun 20264AED 943 per sq ft14
Jul 20264AED 1,028 per sq ft10
Aug 2026under 3under 324
Sep 20263AED 1,025 per sq ft20
Sales per calendar year
YearSalesMedian per sq ft
201595AED 903 per sq ft
2016179AED 910 per sq ft
201792AED 979 per sq ft
201856AED 908 per sq ft
20199AED 749 per sq ft
202014AED 564 per sq ft
202113AED 598 per sq ft
202223AED 720 per sq ft
202348AED 789 per sq ft
202455AED 952 per sq ft
202533AED 1,030 per sq ft

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

REEF RESIDENCE is a project in the DLD area Al Barsha South Fourth.

Figures for Jumeirah Village Circle

Names as in the registered transactions and rent contracts; company names are not shown.

More projects in Jumeirah Village Circle

  • AURESTA TOWER 328 registered transactions and rent contracts in 12 months.
  • Luma22 287 registered transactions and rent contracts in 12 months.
  • Luma Park Views 284 registered transactions and rent contracts in 12 months.
  • REGINA 229 registered transactions and rent contracts in 12 months.
  • Stax 229 registered transactions and rent contracts in 12 months.
  • MANHATTAN 191 registered transactions and rent contracts in 12 months.

Questions about REEF RESIDENCE

How many sales were registered in REEF RESIDENCE?
26 sales were registered in REEF RESIDENCE in Oct 2025 – Sep 2026.
What is the median price per sq ft in REEF RESIDENCE?
The median price of registered sales in REEF RESIDENCE was AED 1,016 per sq ft in Oct 2025 – Sep 2026.
What is the median annual rent in REEF RESIDENCE?
The median annual rent of registered rent contracts in REEF RESIDENCE was AED 54,000 in Oct 2025 – Sep 2026.
Which DLD area is REEF RESIDENCE in?
REEF RESIDENCE is registered in the Dubai Land Department area Al Barsha South Fourth (Jumeirah Village Circle).

Method and source

All Dubai projects with figuresAll Dubai areasHow these figures are calculated

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae