Unit 402 at Reef Residence is a 2 bed of 1,573 sq ft. It last sold for AED 675,000 on 22 Jul 2020. At AED 1,078 per sq ft, from 5 sales of units ending 02 (same position in the tower), it is worth about AED 1,695,000 today.
| Bedrooms | 2 bed |
|---|---|
| Size | 1,573 sq ft |
| Floor | 4 (from the unit number) |
| Position in the tower | Stack 02: units ending 02 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 |
|---|---|---|---|---|
| 22 Jul 2020 | AED 675,000 | 1,573 sq ft | 429 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 1602 | 9 Jan 2026 | AED 595,000 | 529 sq ft | 1,125 | Resale |
| 1402 | 16 Oct 2025 | AED 500,000 | 529 sq ft | 945 | Resale |
| 2502 | 13 Jun 2025 | AED 600,000 | 529 sq ft | 1,134 | Resale |
| 3102 | 10 Feb 2025 | AED 550,000 | 529 sq ft | 1,040 | Resale |
| 3202 | 25 Oct 2024 | AED 570,000 | 529 sq ft | 1,078 | Resale |
| 2102 | 23 May 2024 | AED 400,000 | 529 sq ft | 756 | Resale |
| 2402 | 28 Feb 2024 | AED 500,000 | 529 sq ft | 945 | Resale |
| 2902 | 27 Nov 2023 | AED 410,000 | 529 sq ft | 775 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 1404 | 1 Sep 2026 | AED 1,635,000 | 1,537 sq ft | 1,064 | Resale |
| 2604 | 23 Jul 2026 | AED 1,580,000 | 1,537 sq ft | 1,028 | Resale |
| 504 | 2 Jun 2026 | AED 1,450,000 | 1,537 sq ft | 943 | Resale |
| 2910 | 1 Jun 2026 | AED 2,000,000 | 1,481 sq ft | 1,350 | Resale |
| 710 | 1 Jun 2026 | AED 1,350,000 | 1,481 sq ft | 912 | Resale |
| 3410 | 20 May 2026 | AED 1,375,000 | 1,481 sq ft | 928 | Resale |
| 710 | 15 Jan 2026 | AED 1,200,000 | 1,481 sq ft | 810 | Resale |
| 2910 | 25 Sep 2025 | AED 1,700,000 | 1,481 sq ft | 1,148 | Resale |
We took the 5 resale sales of units ending 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,078). We multiplied it by the size of this unit (1,573 sq ft). The range uses the middle half of those sales (AED 1,040 to AED 1,125 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,117,902. 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 1,695,000 (range AED 1,635,000 to AED 1,769,000), based on AED 1,078 per sq ft from registered sales up to 8 Sep 2026.
22 Jul 2020, for AED 675,000 (resale). It has 1 registered sale.
A 2 bed in Reef Residence rents for about AED 124,999 a year (median asking rent). That is a gross yield of 7.4% on the estimate.