Unit 3405 at Reef Residence is a 1 bed of 925 sq ft. It last sold for AED 700,000 on 1 Nov 2023. At AED 919 per sq ft, from 5 sales of units ending 05 (same position in the tower), it is worth about AED 850,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 925 sq ft |
| Floor | 34 (from the unit number) |
| Position in the tower | Stack 05: units ending 05 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 |
|---|---|---|---|---|
| 1 Nov 2023 | AED 700,000 | 925 sq ft | 757 | Resale |
| 30 Nov 2021 | AED 480,500 | 925 sq ft | 519 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 705 | 12 Feb 2026 | AED 880,000 | 925 sq ft | 951 | Resale |
| 2705 | 11 Jun 2025 | AED 980,000 | 925 sq ft | 1,059 | Resale |
| 1305 | 29 Apr 2025 | AED 850,000 | 925 sq ft | 919 | Resale |
| 1205 | 24 Mar 2025 | AED 850,000 | 925 sq ft | 919 | Resale |
| 805 | 31 Oct 2024 | AED 815,000 | 925 sq ft | 881 | Resale |
| 1805 | 30 Jul 2024 | AED 850,000 | 925 sq ft | 919 | Resale |
| 2805 | 22 May 2024 | AED 855,000 | 925 sq ft | 924 | Resale |
| 805 | 25 Apr 2024 | AED 600,000 | 925 sq ft | 649 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 3203 | 8 Sep 2026 | AED 840,000 | 886 sq ft | 948 | Resale |
| 3509 | 8 Jul 2026 | AED 995,000 | 826 sq ft | 1,205 | Resale |
| 1911 | 15 May 2026 | AED 810,000 | 798 sq ft | 1,015 | Resale |
| 705 | 12 Feb 2026 | AED 880,000 | 925 sq ft | 951 | Resale |
| 2003 | 29 Jan 2026 | AED 900,000 | 886 sq ft | 1,016 | Resale |
| 1303 | 18 Nov 2025 | AED 860,000 | 886 sq ft | 971 | Resale |
| 1909 | 24 Oct 2025 | AED 443,621 | 826 sq ft | 537 | Resale |
| 2403 | 21 Jul 2025 | AED 850,000 | 886 sq ft | 959 | Resale |
We took the 5 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 919). We multiplied it by the size of this unit (925 sq ft). The range uses the middle half of those sales (AED 919 to AED 951 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 855,195. 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 850,000 (range AED 850,000 to AED 880,000), based on AED 919 per sq ft from registered sales up to 8 Sep 2026.
1 Nov 2023, for AED 700,000 (resale). It has 2 registered sales.
A 1 bed in Reef Residence rents for about AED 65,000 a year (median asking rent). That is a gross yield of 7.6% on the estimate.