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Reef Residence rent: what tenants really pay
Rent in Reef Residence, JVC: Studio AED 45,300, 1-bed AED 70,000, 2-bed AED 120,000 a year. These are medians of 214 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a Studio here is AED 90, against AED 108 across JVC. About 67 homes here are advertised for rent now.
Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method
“Reef Residence: value at AED 90 a sq ft against the JVC median of 108. Lots of homes are on the market; offer at the signed figure, not the advert. Ask the agent what the last tenant signed, then use the table below.”
Know the rent before you sign
What tenants in this building really paid, what landlords ask, and how hard to push.
What the leases say about Reef Residence
- Per sq ft, a Studio here costs 17% less than the JVC median: AED 90 against AED 108. It is number 21 of 115 JVC buildings, cheapest first.
- Homes here are bigger than usual. The median Studio here is 514 sq ft. That is 17% above the JVC median of 438 sq ft.
- New Studio tenants pay AED 45,300, renewing tenants AED 45,000. For the same home, renewing is cheaper than moving in: a new tenant pays 2% more.
- New-lease rent per sq ft held on the year, to AED 86 a sq ft.
- About 67 homes are advertised for rent against 214 leases signed in a year: a lot of choice, so there is room to negotiate.
- 41 leases end in the next 60 days, so more homes may become available soon.
Rent in Reef Residence by bedrooms
AED a year, medians. Signed: Ejari leases 16 Oct 2025–15 Oct 2026. Asking: adverts on 16 Oct 2026, matched by building name.
| Home | New lease | Renewal | Asking | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|---|---|
| Studio | 45,300 | 45,000 | 46,000 | 514 | 90 | 124 |
| 1-bed | 70,000 | 68,500 | 64,999 | 826 | 79 | 65 |
| 2-bed | 120,000 | 120,000 | 127,500 | 1,537 | 81 | 25 |
Where Reef Residence is, and the buildings around it
We do not hold the exact position of Reef Residence yet; the map shows JVC.
Click a building to see its rents. Rents shown are median new leases, 16 Oct 2025–15 Oct 2026.
Finding
A new Studio tenant in Reef Residence pays 2% more than a renewing one for the same home.
New lease against renewal: same building, same bedrooms, size within 15%
For a Studio in this building, renewing is cheaper than moving in. The renewal figure shows what the landlord accepts from tenants he wants to keep. Renew or move →
Finding
New-lease rent per sq ft in Reef Residence held on the year.
Median new lease, AED a sq ft, by quarter
AED 86 a sq ft in the 12 months to 15 Oct 2026, against AED 86 the year before. Quarters with fewer than 10 new leases are left out of the chart.
Supply
41 leases in Reef Residence end in the next 60 days.
Leases ending soon: homes that may become available
Some will renew, some will come back to the market. More homes free means more room to negotiate. Ask agents about units with a lease ending soon.
Compare: other JVC buildings, Studio
| Building | New lease | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|
| Elysee III By Pantheon | 45,500 | 399 | 118 | 134 |
| Ghalia | 45,000 | 439 | 104 | 314 |
| Binghatti Apex | 45,000 | 428 | 108 | 117 |
| Regina | 45,000 | 399 | 117 | 148 |
| The Square | 45,000 | 414 | 102 | 136 |
| Fortunato | 45,000 | 513 | 88 | 28 |
| Binghatti House | 45,000 | 312 | 144 | 32 |
| Emirates Garden 1 (Lavender - Gardenia - Rose) | 45,000 | 510 | 81 | 66 |
Buying in Jumeirah Village Circle? Sale prices, every tower, resale and off-plan: Jumeirah Village Circle on BUY DUBAI →
Questions
How much is rent in Reef Residence?
Rent in Reef Residence, JVC: Studio AED 45,300, 1-bed AED 70,000, 2-bed AED 120,000 a year. These are medians of 214 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a Studio here is AED 90, against AED 108 across JVC. About 67 homes here are advertised for rent now.
How much is a studio in Reef Residence?
The median rent for a new Studio lease in Reef Residence is AED 45,300 a year (AED 3,775 a month). The median size is 514 sq ft. This is from 76 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 1 bedroom in Reef Residence?
The median rent for a new 1-bed lease in Reef Residence is AED 70,000 a year (AED 5,833 a month). The median size is 826 sq ft. This is from 35 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 2 bedroom in Reef Residence?
The median rent for a new 2-bed lease in Reef Residence is AED 120,000 a year (AED 10,000 a month). The median size is 1,537 sq ft. This is from 11 new leases, 16 Oct 2025–15 Oct 2026.
Is it cheaper to renew or move in Reef Residence?
For a Studio, new tenants pay a median AED 45,300 and renewing tenants AED 45,000. For the same home, a new tenant pays 2% more.
Is rent going up in Reef Residence?
Rent per sq ft on new leases in Reef Residence: AED 86 in the 12 months to 15 Oct 2026, against AED 86 the year before.
What are the alternatives to Reef Residence in JVC?
Similar rent for a Studio: Elysee III By Pantheon AED 45,500, Ghalia AED 45,000, Binghatti Apex AED 45,000, Regina AED 45,000.
How we worked it out, and the limits
Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts. We use homes only, one unit for each contract, starting 16 Oct 2025–15 Oct 2026. "New" is a new tenant or a new contract. "Renewal" is the same contract, renewed. Bedrooms come from the Ejari unit type. "3 bed" means 3 or more. Every rent is a median: half the leases are above it. A figure needs 10 or more leases. A page needs 30 or more.
This building. Leases are matched by the Ejari project name "REEF RESIDENCE". 214 leases 16 Oct 2025–15 Oct 2026, 122 new. First leases in our records: 2024. Adverts are matched by name and may include a neighbouring building.
Full method: What the leases say → · Checking a rent rise? Rent increase calculator →
Sale prices, resale and off-plan, tower facts and developer photos: BUY DUBAI, our sister site for buyers. Rents: Dubai Land Department Ejari leases.