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ReadyHanded over

Reef Residence

by Sama Alkhaleej Real Estate Development Co Jumeirah Village Circle

About Reef Residence

Reef Residence is a residential tower by Sama Alkhaleej Real Estate Development Co, in Jumeirah Village Circle, Dubai. It rises 39 storeys (2 basement levels, a ground floor, 3 podium levels, 35 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 385 homes.

Key information

Developer
Sama Alkhaleej Real Estate Development Co
Handover
Q4 2017
Status
Handed over
Location
Jumeirah Village Circle, Dubai
Master project
Jumeirah Village Circle
Construction started
2014
Number of buildings
1
Number of units
385
Registered with DLD
18 Sept 2014
Escrow bank
Abu Dhabi Commercial Bank
Escrow account no.
10234748159001
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2014
  2. Handed over
    Q4 2017

Construction progress

68 inspection photos from the Dubai Land Department. Latest 26 Nov 2017 at 100% complete.

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Amenities

Physical features recorded on the Dubai Land Department buildings register.

2 Swimming Pools
Covered Parking
5 Elevators
33 Floors
Retail & Shops
378 Residential Units

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
636
Median price
AED 570K
Median price / sqft
AED 911+15%
Off-plan share
59%

Priced 20% below than the Al Barsha South Fourth median of AED 1K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
Studio322507 sqftAED 490KAED 969
1 Bed197866 sqftAED 719KAED 835
2 Bed1031,509 sqftAED 1.3MAED 850

Price per sqft by year

+15% since 2015

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
08 Sept 2026Resale886 sqftAED 840KAED 948
08 Sept 2026Resale503 sqftAED 515KAED 1K
01 Sept 2026Resale1,537 sqftAED 1.6MAED 1K
24 Jul 2026Resale1,537 sqftAED 1.6MAED 1K
09 Jul 2026Resale520 sqftAED 540KAED 1K
08 Jul 2026Resale826 sqftAED 995KAED 1K
23 Jun 2026Resale514 sqftAED 525KAED 1K
02 Jun 2026Resale1,537 sqftAED 1.4MAED 943

Unit mix

385 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Shop7-
Studio186467 - 529 sqft
1 B/R127798 - 1,322 sqft
2 B/R651,419 - 1,998 sqft

Payment plan

Payment plans are set by Sama Alkhaleej and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Jumeirah Village Circle, Dubai.

Jumeirah Village Circle

Dubai, United Arab Emirates

Frequently asked questions

Reef Residence has already been handed over (Q4 2017), according to Dubai Land Department records.

Other new projects in Jumeirah Village Circle

More off-plan launches around Jumeirah Village Circle.

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Handover Q4 2017100% complete

Reef Residence

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