Unit 1308 at Reef Residence is a studio of 467 sq ft. It last sold for AED 547,500 on 26 Feb 2025. At AED 1,164 per sq ft, from 6 sales of units ending 08 (same position in the tower), it is worth about AED 544,000 today.
| Bedrooms | studio |
|---|---|
| Size | 467 sq ft |
| Floor | 13 (from the unit number) |
| Position in the tower | Stack 08: units ending 08 share the same layout and view |
| Building | Reef Residence by Reef Real Estate Investment Co., handed over 2017 |
| Registered sales of this unit | 2 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 26 Feb 2025 | AED 547,500 | 467 sq ft | 1,172 | Resale |
| 6 May 2024 | AED 420,000 | 467 sq ft | 899 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 3308 | 14 May 2026 | AED 540,000 | 467 sq ft | 1,156 | Resale |
| 1808 | 27 Feb 2026 | AED 560,000 | 467 sq ft | 1,199 | Resale |
| 608 | 17 Sep 2025 | AED 560,000 | 467 sq ft | 1,199 | Resale |
| 2808 | 20 Jan 2025 | AED 535,000 | 467 sq ft | 1,146 | Resale |
| 1708 | 18 Dec 2024 | AED 490,000 | 467 sq ft | 1,049 | Resale |
| 508 | 11 Jul 2024 | AED 560,000 | 467 sq ft | 1,199 | Resale |
| 808 | 15 May 2024 | AED 510,000 | 467 sq ft | 1,092 | Resale |
| 2708 | 16 Nov 2023 | AED 450,000 | 467 sq ft | 964 | 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 6 resale sales of units ending 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,164). We multiplied it by the size of this unit (467 sq ft). The range uses the middle half of those sales (AED 1,148 to AED 1,192 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 551,209. 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 544,000 (range AED 536,000 to AED 557,000), based on AED 1,164 per sq ft from registered sales up to 8 Sep 2026.
26 Feb 2025, for AED 547,500 (resale). It has 2 registered sales.
A studio in Reef Residence rents for about AED 46,999 a year (median asking rent). That is a gross yield of 8.6% on the estimate.