Unit 3503, Reef Residence: what it sold for and what it is worth now

Unit 3503 at Reef Residence is a 1 bed of 886 sq ft. It last sold for AED 780,000 on 19 Sep 2023. At AED 959 per sq ft, from 7 sales of units ending 03 (same position in the tower), it is worth about AED 850,000 today.

Value todayAED 850,000AED 838,000 to AED 855,000
Last saleAED 780,00019 Sep 2023 · Resale
Change since last sale+9.0%Building trend alone: AED 981,429
Rent (median asking, 1 bed)AED 65,000Gross yield 7.6%
Bedrooms1 bed
Size886 sq ft
Floor35 (from the unit number)
Position in the towerStack 03: units ending 03 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 3503

DatePriceSizeAED/sq ftType
19 Sep 2023AED 780,000886 sq ft880Resale

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
32038 Sep 2026AED 840,000886 sq ft948Resale
200329 Jan 2026AED 900,000886 sq ft1,016Resale
130318 Nov 2025AED 860,000886 sq ft971Resale
240321 Jul 2025AED 850,000886 sq ft959Resale
190328 Apr 2025AED 820,000886 sq ft926Resale
50314 Mar 2025AED 835,000886 sq ft942Resale
16033 Mar 2025AED 850,000886 sq ft959Resale
70319 Aug 2024AED 790,000886 sq ft892Resale

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 resale sales of units ending 03 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 959). We multiplied it by the size of this unit (886 sq ft). The range uses the middle half of those sales (AED 945 to AED 965 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 981,429. 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 3503 at Reef Residence worth?

About AED 850,000 (range AED 838,000 to AED 855,000), based on AED 959 per sq ft from registered sales up to 8 Sep 2026.

When did unit 3503 last sell?

19 Sep 2023, for AED 780,000 (resale). It has 1 registered sale.

What rent can unit 3503 make?

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.

Sales alert for Reef ResidenceAll sales in Reef Residence

Unit 3410 · Unit 3509