Unit 2207, Reef Residence: what it sold for and what it is worth now

Unit 2207 at Reef Residence is a studio of 514 sq ft. It last sold for AED 474,702 on 22 Aug 2025. At AED 1,051 per sq ft, from 8 sales of units ending 07 (same position in the tower), it is worth about AED 540,000 today.

Value todayAED 540,000AED 519,000 to AED 566,000
Last saleAED 474,70222 Aug 2025 · Resale
Change since last sale+13.8%Building trend alone: AED 504,255
Rent (median asking, studio)AED 46,999Gross yield 8.7%
Bedroomsstudio
Size514 sq ft
Floor22 (from the unit number)
Position in the towerStack 07: units ending 07 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 2207

DatePriceSizeAED/sq ftType
22 Aug 2025AED 474,702514 sq ft924Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
210723 Jun 2026AED 525,000514 sq ft1,021Resale
340713 May 2026AED 535,000514 sq ft1,041Resale
310710 Jul 2025AED 570,000514 sq ft1,109Resale
180718 Jun 2025AED 565,000514 sq ft1,099Resale
80714 Mar 2025AED 545,000514 sq ft1,060Resale
90719 Nov 2024AED 1,000,000514 sq ft1,946Resale
19077 Oct 2024AED 500,000514 sq ft973Resale
200711 Jul 2024AED 500,000514 sq ft973Resale

Latest studio sales in Reef Residence

UnitDatePriceSizeAED/sq ftType
34067 Sep 2026AED 515,000503 sq ft1,024Resale
19019 Jul 2026AED 540,000520 sq ft1,038Resale
210723 Jun 2026AED 525,000514 sq ft1,021Resale
330814 May 2026AED 540,000467 sq ft1,156Resale
340713 May 2026AED 535,000514 sq ft1,041Resale
180827 Feb 2026AED 560,000467 sq ft1,199Resale
16029 Jan 2026AED 595,000529 sq ft1,125Resale
6124 Nov 2025AED 600,000515 sq ft1,165Resale

How we worked out the value

We took the 8 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,051). We multiplied it by the size of this unit (514 sq ft). The range uses the middle half of those sales (AED 1,009 to AED 1,102 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 504,255. 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 2207 at Reef Residence worth?

About AED 540,000 (range AED 519,000 to AED 566,000), based on AED 1,051 per sq ft from registered sales up to 8 Sep 2026.

When did unit 2207 last sell?

22 Aug 2025, for AED 474,702 (resale). It has 1 registered sale.

What rent can unit 2207 make?

A studio in Reef Residence rents for about AED 46,999 a year (median asking rent). That is a gross yield of 8.7% on the estimate.

Sales alert for Reef ResidenceAll sales in Reef Residence

Unit 2206 · Unit 2210