Unit 703 at Reef Residence is a 1 bed of 886 sq ft. It last sold for AED 790,000 on 19 Aug 2024. 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.
| Bedrooms | 1 bed |
|---|---|
| Size | 886 sq ft |
| Floor | 7 (from the unit number) |
| Position in the tower | Stack 03: units ending 03 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 |
|---|---|---|---|---|
| 19 Aug 2024 | AED 790,000 | 886 sq ft | 892 | Resale |
| 31 Oct 2021 | AED 530,000 | 886 sq ft | 598 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 3203 | 8 Sep 2026 | AED 840,000 | 886 sq ft | 948 | 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 |
| 2403 | 21 Jul 2025 | AED 850,000 | 886 sq ft | 959 | Resale |
| 1903 | 28 Apr 2025 | AED 820,000 | 886 sq ft | 926 | Resale |
| 503 | 14 Mar 2025 | AED 835,000 | 886 sq ft | 942 | Resale |
| 1603 | 3 Mar 2025 | AED 850,000 | 886 sq ft | 959 | Resale |
| 2603 | 27 May 2024 | AED 850,000 | 886 sq ft | 959 | 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 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 838,617. 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 838,000 to AED 855,000), based on AED 959 per sq ft from registered sales up to 8 Sep 2026.
19 Aug 2024, for AED 790,000 (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.