Unit 2307 at Reef Residence is a studio of 514 sq ft. It last sold for AED 485,000 on 25 Sep 2023. 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.
| Bedrooms | studio |
|---|---|
| Size | 514 sq ft |
| Floor | 23 (from the unit number) |
| Position in the tower | Stack 07: units ending 07 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 |
|---|---|---|---|---|
| 25 Sep 2023 | AED 485,000 | 514 sq ft | 944 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 2107 | 23 Jun 2026 | AED 525,000 | 514 sq ft | 1,021 | Resale |
| 3407 | 13 May 2026 | AED 535,000 | 514 sq ft | 1,041 | Resale |
| 2207 | 22 Aug 2025 | AED 474,702 | 514 sq ft | 924 | Resale |
| 3107 | 10 Jul 2025 | AED 570,000 | 514 sq ft | 1,109 | Resale |
| 1807 | 18 Jun 2025 | AED 565,000 | 514 sq ft | 1,099 | Resale |
| 807 | 14 Mar 2025 | AED 545,000 | 514 sq ft | 1,060 | Resale |
| 907 | 19 Nov 2024 | AED 1,000,000 | 514 sq ft | 1,946 | Resale |
| 1907 | 7 Oct 2024 | AED 500,000 | 514 sq ft | 973 | 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 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 609,118. 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 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.
25 Sep 2023, for AED 485,000 (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 8.7% on the estimate.