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JVC Reef Residence
JVC Reef ResidenceJumeirah Village Circle
550,000 AEDmarket
1,104 AED/ft²
Delivered: Q4 2017
Completed
Reef Real Estate Investment Co. LLC

JVC Reef Residence

Jumeirah Village Circle

Studio, 1 - 2 BedsApartment

Launch price

421,000 AED

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Buildings
Jumeirah Village Circle
JVC Reef Residence
Reef Real Estate Investment Co. LLC

JVC Reef Residence

Jumeirah Village Circle

Studio, 1 - 2 BedsApartment

Launch price

421,000 AED

JVC Reef Residence

Jumeirah Village Circle

by Reef Real Estate Investment Co. LLC

Booking
-

Booking

Construction
-

Construction

Handover
-

Handover

Local Information

MapSchoolsShop & Eat
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Description

Reef Residence offers apartments for sale in Jumeirah Village Circle — a completed 38-storey building by Reef Real Estate Investment Co. LLC with 366 units. Developed between 2014 and 2017, the project features studio, one, and two-bedroom apartments. The tower is situated along Hessa Street, providing access to Sheikh Mohammed Bin Zayed Road (E311) and Al Khail Road (E44). Nearby attractions include Dubai International Stadium, Dubai Miracle Garden, and Dubai Autodrome. Circle Mall JVC is a short drive away, offering various retail and dining options. The community also provides access to schools such as GEMS School of Research and Innovation and Sunmarke School. Reef Residence was handed over in November 2017.

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Price Analysis for JVC Reef Residence

Apartment

Studio

23%
186 units
467 – 528 ft²
No market history available yet

Starting price

421K

900 /ft²

Current price

550K

1,104 /ft²

Every bedroom
priced differently.

All chartsLaunch curvesLive comparables

Price History for JVC Reef Residence

DatePriceTypeBeds
14 May 2026540,000ApartmentStudio467 ft²—1,156
13 May 2026535,000ApartmentStudio514 ft²—1,041
27 Feb 2026560,000ApartmentStudio467 ft²—1,199
9 Jan 2026595,000ApartmentStudio529 ft²—1,125
4 Nov 2025600,000ApartmentStudio515 ft²—1,165
16 Oct 2025500,000ApartmentStudio529 ft²—945
16 Oct 2025500,000ApartmentStudio520 ft²—962
17 Sep 2025560,000ApartmentStudio467 ft²—1,199
8 Sep 2025475,267ApartmentStudio515 ft²—923
14 May 2026
540,000
StudioApartment

467 ft²

—

1,156

13 May 2026
535,000
StudioApartment

514 ft²

—

1,041

27 Feb 2026
560,000
StudioApartment

467 ft²

—

1,199

9 Jan 2026
595,000
StudioApartment

529 ft²

—

1,125

4 Nov 2025
600,000
StudioApartment

515 ft²

—

1,165

16 Oct 2025
500,000
StudioApartment

529 ft²

—

945

16 Oct 2025
500,000
StudioApartment

520 ft²

—

962

17 Sep 2025
560,000
StudioApartment

467 ft²

—

1,199

8 Sep 2025
475,267
StudioApartment

515 ft²

—

923

A little more context
changes the read.

All transactionsAll transactionsSales and RentalsBoth sales and rentalsPrice per ft²Full price per ft²

Showing 9 most recent sales transactions

What's Available for JVC Reef Residence

Unit #TypeBedsFromBuilt-upInt. AreaExt. AreaFloor

No units to display

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Price Trends

For units in Jumeirah Village Circle

Comparable Buildings in Jumeirah Village Circle

Assigned Schools

Affordability

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FAQ

Reef Residence was developed by Reef Real Estate Investment Co. LLC, a privately owned developer headquartered in Dubai. The company has delivered multiple residential projects across the city, including this 38-storey tower in Jumeirah Village Circle.
Reef Residence features a mix of studios, one-bedroom, and two-bedroom apartments. The building comprises 378 residential units in total, with sizes ranging from approximately 467 to 1,998 square feet.
Reef Residence offers a dedicated landscaped leisure deck that includes two swimming pools, a gymnasium, barbecue areas, and a children's play zone. Additionally, the building houses seven retail outlets on the ground floor to provide immediate convenience for residents.
Reef Residence does not have a direct metro station within Jumeirah Village Circle, so residents typically use a taxi or the J01 feeder bus to reach nearby Red Line stations. The Mall of the Emirates Metro Station is commonly used, which is accessible via a drive of approximately 10 to 15 minutes outside of peak traffic.
Reef Residence tends to suit young professionals, small families, and investors looking for a ready-to-move property in a central community. Its mix of unit sizes and proximity to major road networks like Sheikh Mohammed Bin Zayed Road make it a practical choice for those balancing city connectivity with suburban living.
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Price Trends

For units in Jumeirah Village Circle

AED/ft²

Mean Studio value
JVC Reef Residence: 1,104

AED/ft²

Mean value
JVC Reef Residence:

The full spread,
reveals the bias.

Every bedroom vs areaDeeper market contextLive benchmarks
Price trends provided by Dubai Land Department.

Comparable Buildings in Jumeirah Village Circle

BuildingPrice per ft²ConstructionHandoverDeveloper
Park View TowerRevi Realty
1,372 AED/ft²
24.3%
100%
Q4 2021
Park View Tower
1,372 AED/ft²24.3%
100%
Q4 2021
Revi Realty logo
Diamond Views 3Diamond Developers
954 AED/ft²
13.6%
100%
Q4 2013
Diamond Views 3
954 AED/ft²13.6%
100%
Q4 2013
Diamond Developers logo
Serenity Lakes 5Gulf Land Property Developers
1,374 AED/ft²
24.5%
100%
Q3 2022
Serenity Lakes 5
1,374 AED/ft²24.5%
100%
Q3 2022
Gulf Land Property Developers logo
Lolena ResidenceAl Masarat Real Estate
960 AED/ft²
13.0%
100%
Q3 2019
Lolena Residence
960 AED/ft²13.0%
100%
Q3 2019
Al Masarat Real Estate logo
Sandoval Gardens BBavaria Gulf
970 AED/ft²
12.1%
100%
Q4 2011
Sandoval Gardens B
970 AED/ft²12.1%
100%
Q4 2011
Bavaria Gulf logo

The strongest comps
sit beyond the first pass.

Every ranked comparableEvery ranked comparableDeeper yield dataDeeper yield dataCross-building contextCross-building context

Neighborhood Overview

Map showing Jumeirah Village Circle neighborhood outline
© Mapbox © OpenStreetMap · Improve this map
Jumeirah Village Circle
462 Buildings For You
Buy: AED 240K - 8.0M
YoY Price Change: +7.9%
Gross Yield: No rental data available yet
Neighborhood stats provided by Dubai Land Department.