Unit 1711, Reef Residence: what it sold for and what it is worth now

Unit 1711 at Reef Residence is a 1 bed of 798 sq ft. It last sold for AED 800,000 on 16 Jul 2024. At AED 971 per sq ft, from 7 sales in the building in the last 12 months (1 bed), it is worth about AED 775,000 today.

Value todayAED 775,000AED 758,000 to AED 810,000
Last saleAED 800,00016 Jul 2024 · Resale
Change since last sale-3.1%Building trend alone: AED 858,266
Rent (median asking, 1 bed)AED 65,000Gross yield 8.4%
Bedrooms1 bed
Size798 sq ft
Floor17 (from the unit number)
Position in the towerStack 11: units ending 11 share the same layout and view
BuildingReef Residence by Reef Real Estate Investment Co., handed over 2017
Registered sales of this unit1

Every registered sale of unit 1711

DatePriceSizeAED/sq ftType
16 Jul 2024AED 800,000798 sq ft1,003Resale

Units ending 11 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
191115 May 2026AED 810,000798 sq ft1,015Resale
7111 Jul 2024AED 745,000798 sq ft934Resale
201114 Feb 2024AED 870,000798 sq ft1,090Resale
51110 Oct 2023AED 615,000798 sq ft771Resale
28113 Oct 2023AED 700,000798 sq ft877Resale
19118 May 2023AED 585,000798 sq ft733Resale
9118 Mar 2022AED 600,000798 sq ft752Resale
51123 Mar 2021AED 500,000798 sq ft627Resale

Latest 1 bed sales in Reef Residence

UnitDatePriceSizeAED/sq ftType
32038 Sep 2026AED 840,000886 sq ft948Resale
35098 Jul 2026AED 995,000826 sq ft1,205Resale
191115 May 2026AED 810,000798 sq ft1,015Resale
70512 Feb 2026AED 880,000925 sq ft951Resale
200329 Jan 2026AED 900,000886 sq ft1,016Resale
130318 Nov 2025AED 860,000886 sq ft971Resale
190924 Oct 2025AED 443,621826 sq ft537Resale
240321 Jul 2025AED 850,000886 sq ft959Resale

How we worked out the value

We took the 7 sales in Reef Residence in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 971). We multiplied it by the size of this unit (798 sq ft). The range uses the middle half of those sales (AED 950 to AED 1,015 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 858,266. Floor, view, condition and upgrades can move the price either way. Sales data to 8 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 1711 at Reef Residence worth?

About AED 775,000 (range AED 758,000 to AED 810,000), based on AED 971 per sq ft from registered sales up to 8 Sep 2026.

When did unit 1711 last sell?

16 Jul 2024, for AED 800,000 (resale). It has 1 registered sale.

What rent can unit 1711 make?

A 1 bed in Reef Residence rents for about AED 65,000 a year (median asking rent). That is a gross yield of 8.4% on the estimate.

Sales alert for Reef ResidenceAll sales in Reef Residence

Unit 1710 · Unit 1804