Project · Transactions · 2021

Reef Residence Property Transactions 2021

13 property sales worth ⃃ 5.51M were registered in Reef Residence in 2021, 7.1% lower than 2020 by number of sales. The median sale price was ⃃ 450,000 and the median price per square foot ⃃ 598 (+5.8% on 2020).

Period: 1 Jan – 31 Dec 2021Compared with: 2020Sample: 13 salesUpdated: 12 Nov 2026
Property sales
13
−7.1% vs 2020
1 Jan – 31 Dec 2021
Total value
⃃ 5.51M
−12.2% vs 2020
1 Jan – 31 Dec 2021
Median sale price
⃃ 450,000
+13.9% vs 2020
13 sales
Median price per sq ft
⃃ 598
+5.8% vs 2020
13 sales

What types of property sold in Reef Residence in 2021?

1 Jan – 31 Dec 2021

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments13100%⃃ 5.51M⃃ 450,000⃃ 598

How were 2021 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Resale (secondary)13100%⃃ 5.51M⃃ 450,000⃃ 598
Ready13100%⃃ 5.51M⃃ 450,000⃃ 598

How many rental contracts were registered in Reef Residence in 2021?

187 rental contracts (new and renewed) were registered in Reef Residence in 2021, at a median annual rent of ⃃ 29,000 (−23.7% on 2020). Rental yields in Reef Residence

What were the most expensive property sales in Reef Residence in 2021?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
29/04/2021Reef Residence1 bed · Apartment826 sq ft⃃ 620,000Resale · Ready
31/10/2021Reef Residence1 bed · Apartment886 sq ft⃃ 530,000Resale · Ready
23/03/2021Reef Residence1 bed · Apartment960 sq ft⃃ 500,000Resale · Ready
23/03/2021Reef Residence1 bed · Apartment798 sq ft⃃ 500,000Resale · Ready
20/09/2021Reef Residence1 bed · Apartment925 sq ft⃃ 497,000Resale · Ready
30/11/2021Reef Residence1 bed · Apartment925 sq ft⃃ 480,500Resale · Ready
23/08/2021Reef Residence1 bed · Apartment826 sq ft⃃ 450,000Resale · Ready
13/12/2021Reef ResidenceStudio · Apartment467 sq ft⃃ 385,000Resale · Ready
15/09/2021Reef ResidenceStudio · Apartment529 sq ft⃃ 350,000Resale · Ready
26/12/2021Reef ResidenceStudio · Apartment515 sq ft⃃ 322,500Resale · Ready

What were the last registered sales of 2021?

DatePropertyTypeSizePriceMarket
26/12/2021Reef ResidenceStudio · Apartment515 sq ft⃃ 322,500Resale · Ready
13/12/2021Reef ResidenceStudio · Apartment467 sq ft⃃ 385,000Resale · Ready
30/11/2021Reef Residence1 bed · Apartment925 sq ft⃃ 480,500Resale · Ready
31/10/2021Reef Residence1 bed · Apartment886 sq ft⃃ 530,000Resale · Ready
20/09/2021Reef Residence1 bed · Apartment925 sq ft⃃ 497,000Resale · Ready
15/09/2021Reef ResidenceStudio · Apartment529 sq ft⃃ 350,000Resale · Ready
13/09/2021Reef ResidenceStudio · Apartment529 sq ft⃃ 309,818Resale · Ready
23/08/2021Reef Residence1 bed · Apartment826 sq ft⃃ 450,000Resale · Ready
23/08/2021Reef ResidenceStudio · Apartment514 sq ft⃃ 320,000Resale · Ready
29/04/2021Reef Residence1 bed · Apartment826 sq ft⃃ 620,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2021 with the whole of 2020.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/reef-residence/2021
Reef Residence Property Transactions 2021. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/reef-residence/2021

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Reef Residence in 2021?
13 property sales worth ⃃ 5,514,818 were registered in Reef Residence in 2021. That is 7.1% lower than 2020.
What was the median property price in Reef Residence in 2021?
The median sale price was ⃃ 450,000 and the median price per square foot ⃃ 598 (1 Jan – 31 Dec 2021).

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/reef-residence/2021