Unit 511 at Reef Residence is a 1 bed of 798 sq ft. It last sold for AED 615,000 on 10 Oct 2023. At AED 971 per sq ft, from 7 sales in the building in the last 12 months (1 bed), it is worth about AED 775,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 798 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 11: units ending 11 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 |
|---|---|---|---|---|
| 10 Oct 2023 | AED 615,000 | 798 sq ft | 771 | Resale |
| 23 Mar 2021 | AED 500,000 | 798 sq ft | 627 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 1911 | 15 May 2026 | AED 810,000 | 798 sq ft | 1,015 | Resale |
| 1711 | 16 Jul 2024 | AED 800,000 | 798 sq ft | 1,003 | Resale |
| 711 | 1 Jul 2024 | AED 745,000 | 798 sq ft | 934 | Resale |
| 2011 | 14 Feb 2024 | AED 870,000 | 798 sq ft | 1,090 | Resale |
| 2811 | 3 Oct 2023 | AED 700,000 | 798 sq ft | 877 | Resale |
| 1911 | 8 May 2023 | AED 585,000 | 798 sq ft | 733 | Resale |
| 911 | 8 Mar 2022 | AED 600,000 | 798 sq ft | 752 | Resale |
| 3611 | 29 Nov 2020 | AED 575,000 | 798 sq ft | 721 | 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 7 sales in Reef Residence in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 971). We multiplied it by the size of this unit (798 sq ft). The range uses the middle half of those sales (AED 950 to AED 1,015 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 761,723. 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 775,000 (range AED 758,000 to AED 810,000), based on AED 971 per sq ft from registered sales up to 8 Sep 2026.
10 Oct 2023, for AED 615,000 (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 8.4% on the estimate.