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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Jumeirah Village Circle · August 2026

Reef Residence

Source: Dubai Land Department open data · Sales through September 2, 2026 · Rents through August 21, 2026

Period covered: Sep 24 to Aug 26 · Ref AR-B1273-202608

Key takeaways

  • 0 sales recorded in August 2026, down 100% from a year earlier.
  • New rental contracts at a median AED 60,000 per year.

1.Apartments0 sales · August 2026

Median sale price——vs last year
Median price / sqm——vs last year
Sales recorded0-100.0%vs last year
Median annual rentAED 60,0000.0%new contracts
Gross yield—rent ÷ price

Small sample: medians for August 2026 are based on only 0 recorded sales and can swing month to month. Read the trend, not a single point.

Sale price per sqm and monthly sales · 24 months

12K11K11K6Sep 24May 25Jan 26Aug 26
Sep 24 · 11K /sqmJul 26 · 11K /sqm · 2 sales

Median annual rent and new contracts · 24 months

107K84K61K3Sep 24May 25Jan 26Aug 26
Sep 24 · 39K /yrAug 26 · 60K /yr · 2 new contracts

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20260——AED 60,000—
July 20262AED 1,060,000AED 11,124——
June 20263AED 1,350,000AED 10,155——
May 20264AED 675,000AED 11,065——
April 20260————
March 20260————

2.Recent saleslast 15 registered in Reef Residence

DateUnitSize sqmPriceAED / sqmStatus
1 Sept 20262 bedrooms143AED 1,635,000AED 11,451Ready
24 Jul 20262 bedrooms143AED 1,580,000AED 11,066Ready
16 Jul 20261 bedroom82AED 26,488AED 322Ready
9 Jul 2026Studio48AED 540,000AED 11,182Ready
8 Jul 20261 bedroom77AED 995,000AED 12,973Ready
23 Jun 2026Studio48AED 525,000AED 10,992Ready
2 Jun 20262 bedrooms143AED 1,450,000AED 10,155Ready
1 Jun 20262 bedrooms138AED 2,000,000AED 14,535Ready
1 Jun 20262 bedrooms138AED 1,350,000AED 9,811Ready
20 May 20262 bedrooms138AED 1,375,000AED 9,993Ready
15 May 20261 bedroom74AED 810,000AED 10,928Ready
14 May 2026Studio43AED 540,000AED 12,437Ready
13 May 2026Studio48AED 535,000AED 11,202Ready
27 Feb 2026Studio43AED 560,000AED 12,897Ready
13 Feb 20261 bedroom86AED 880,000AED 10,235Ready

Sale registrations as published by Dubai Land Department. Sizes are the registered procedure area. No unit numbers or parties are shown.

Comparables for a specific unit

Enter the client's unit and the report gains a section of every registered sale of that size and type in Reef Residence over the last two years. It stays in the link and the PDF.

3.Methodology and source

Source. Sale transactions registered with the Dubai Land Department and rental contracts registered with Ejari, both published as open data (sales through September 2, 2026, rents through August 21, 2026). No listings, asking prices, or estimates.

Statistics. All figures are medians. Sale records with a price per sqm outside the 1st to 99th percentile of their area and property type are excluded. Rental figures use new registrations only; renewals are excluded. Partial months are never shown; months resting on fewer than thirty sales carry a small-sample note.

Gross yield. Median annual rent of new contracts divided by median sale price for the same area, month, and property type. Indicative only; it does not account for service charges, fees, or vacancy.

Limitations. The DLD publishes with a lag of one to three months. Area and building names are normalized from multiple official spellings. This report is informational and is not a valuation or investment advice.

Full methodology