Reef Residence

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Reef Luxury
Construction progress: 100% (As of Nov-2017)
Start: Sep, 2014 Completion: Nov, 2017

Reef Residence Price Ranges by Unit Size, Compared to Area Prices

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

Sold properties

Reef Residence Real Estate Data – FAQ

  • What is the current property supply in Reef Residence?

    Reef Residence has a total residential supply of approximately 89 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Reef Residence?

    Reef Residence recorded 32 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in Reef Residence?

    The median transaction price in Reef Residence is AED 1,020 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Reef Residence?

    The gross rental yield in Reef Residence is approximately 9.0%, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Reef Residence?

    Property prices in Reef Residence have shown a capital appreciation of 4.1% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in Reef Residence?

    There are currently 0 active off-plan projects in Reef Residence, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in Reef Residence?

    The total off-plan pipeline in Reef Residence includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is Reef Residence a good area for property investment?

    Reef Residence is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around 9.0%, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Reef Residence, this is 9.0%, indicating relatively strong income performance compared to global markets.

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