Unit 712 at Reef Residence is a studio of 515 sq ft. It last sold for AED 540,000 on 20 Sep 2024. At AED 1,049 per sq ft, from 3 sales of units ending 12 (same position in the tower), it is worth about AED 540,000 today.
| Bedrooms | studio |
|---|---|
| Size | 515 sq ft |
| Floor | 7 (from the unit number) |
| Position in the tower | Stack 12: units ending 12 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 |
|---|---|---|---|---|
| 20 Sep 2024 | AED 540,000 | 515 sq ft | 1,049 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 612 | 4 Nov 2025 | AED 600,000 | 515 sq ft | 1,165 | Resale |
| 1912 | 8 Sep 2025 | AED 475,267 | 515 sq ft | 923 | Resale |
| 2812 | 16 Jul 2024 | AED 540,000 | 515 sq ft | 1,049 | Resale |
| 1312 | 17 May 2024 | AED 460,000 | 515 sq ft | 893 | Resale |
| 1812 | 7 Dec 2023 | AED 520,000 | 515 sq ft | 1,010 | Resale |
| 3312 | 1 Dec 2023 | AED 400,000 | 515 sq ft | 777 | Resale |
| 1112 | 28 Nov 2023 | AED 399,000 | 515 sq ft | 775 | Resale |
| 1912 | 20 Feb 2023 | AED 385,000 | 515 sq ft | 748 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 3406 | 7 Sep 2026 | AED 515,000 | 503 sq ft | 1,024 | Resale |
| 1901 | 9 Jul 2026 | AED 540,000 | 520 sq ft | 1,038 | Resale |
| 2107 | 23 Jun 2026 | AED 525,000 | 514 sq ft | 1,021 | Resale |
| 3308 | 14 May 2026 | AED 540,000 | 467 sq ft | 1,156 | Resale |
| 3407 | 13 May 2026 | AED 535,000 | 514 sq ft | 1,041 | Resale |
| 1808 | 27 Feb 2026 | AED 560,000 | 467 sq ft | 1,199 | Resale |
| 1602 | 9 Jan 2026 | AED 595,000 | 529 sq ft | 1,125 | Resale |
| 612 | 4 Nov 2025 | AED 600,000 | 515 sq ft | 1,165 | Resale |
We took the 3 resale sales of units ending 12 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,049). We multiplied it by the size of this unit (515 sq ft). The range uses the middle half of those sales (AED 986 to AED 1,107 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 574,073. 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 540,000 (range AED 508,000 to AED 570,000), based on AED 1,049 per sq ft from registered sales up to 8 Sep 2026.
20 Sep 2024, for AED 540,000 (resale). It has 1 registered sale.
A studio in Reef Residence rents for about AED 46,999 a year (median asking rent). That is a gross yield of 8.7% on the estimate.