Unit 1002 at Reef Residence is a studio of 529 sq ft. It last sold for AED 400,000 on 30 Jun 2020. At AED 1,078 per sq ft, from 5 sales of units ending 02 (same position in the tower), it is worth about AED 570,000 today.
| Bedrooms | studio |
|---|---|
| Size | 529 sq ft |
| Floor | 10 (from the unit number) |
| Position in the tower | Stack 02: units ending 02 share the same layout and view |
| Building | Reef Residence by Reef Real Estate Investment Co., handed over 2017 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 30 Jun 2020 | AED 400,000 | 529 sq ft | 756 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 1602 | 9 Jan 2026 | AED 595,000 | 529 sq ft | 1,125 | Resale |
| 1402 | 16 Oct 2025 | AED 500,000 | 529 sq ft | 945 | Resale |
| 2502 | 13 Jun 2025 | AED 600,000 | 529 sq ft | 1,134 | Resale |
| 3102 | 10 Feb 2025 | AED 550,000 | 529 sq ft | 1,040 | Resale |
| 3202 | 25 Oct 2024 | AED 570,000 | 529 sq ft | 1,078 | Resale |
| 2102 | 23 May 2024 | AED 400,000 | 529 sq ft | 756 | Resale |
| 2402 | 28 Feb 2024 | AED 500,000 | 529 sq ft | 945 | Resale |
| 2902 | 27 Nov 2023 | AED 410,000 | 529 sq ft | 775 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 3406 | 7 Sep 2026 | AED 515,000 | 503 sq ft | 1,024 | Resale |
| 1901 | 9 Jul 2026 | AED 540,000 | 520 sq ft | 1,038 | Resale |
| 2107 | 23 Jun 2026 | AED 525,000 | 514 sq ft | 1,021 | Resale |
| 3308 | 14 May 2026 | AED 540,000 | 467 sq ft | 1,156 | Resale |
| 3407 | 13 May 2026 | AED 535,000 | 514 sq ft | 1,041 | Resale |
| 1808 | 27 Feb 2026 | AED 560,000 | 467 sq ft | 1,199 | Resale |
| 1602 | 9 Jan 2026 | AED 595,000 | 529 sq ft | 1,125 | Resale |
| 612 | 4 Nov 2025 | AED 600,000 | 515 sq ft | 1,165 | Resale |
We took the 5 resale sales of units ending 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,078). We multiplied it by the size of this unit (529 sq ft). The range uses the middle half of those sales (AED 1,040 to AED 1,125 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 690,229. Floor, view, condition and upgrades can move the price either way. Sales data to 8 Sep 2026, from the Dubai Land Department register.
About AED 570,000 (range AED 550,000 to AED 595,000), based on AED 1,078 per sq ft from registered sales up to 8 Sep 2026.
30 Jun 2020, for AED 400,000 (resale). It has 1 registered sale.
A studio in Reef Residence rents for about AED 46,999 a year (median asking rent). That is a gross yield of 8.2% on the estimate.