Dubai True Pricing

Reef Residence, Jumeirah Village Circle (JVC): asking prices vs. registered sale prices

19 live resale listings, 6 registered sales in the last three months.

Area: Jumeirah Village Circle (JVC) (Al Barsha South Fourth). Data as of 17 September 2026. Listings collected 20 September 2026.

Asking prices in Reef Residence run +13.0% against what buyers paid in this building. 3 of the 19 live resale listings ask 30% or more above what the registry recorded, and 2 ask at or below it. Each listing is compared with sales of similar units in this same building. There is room to negotiate: the gap is wide enough that the registered price, not the asking price, is the number to start from.

Months of stock: 10. 19 live resale listings against 6 sales registered in this building in the last three months, so neither side has much leverage.

By bedrooms

Paid AED/sqft: median of the sales registered in this building with the same number of bedrooms, last three months where there are at least three, otherwise six months, otherwise every unit size in the building. Where the registry has no recent sale in the building at all, the difference falls back on area comparables and the reliability drops to low.
BedroomsListingsMedian asking priceAsking AED/sqftPaid AED/sqftDifferenceReliability
Studio5AED 565,0001,1271,039+10.0%high
1 bedroom7AED 950,0001,0271,015+1.2%high
2 bedrooms7AED 1,749,9991,139986+15.5%high

What the registry recorded

Sales of existing property registered at the Dubai Land Department in this building over the last six months. Public record.
DateBedroomsSize m2Size sqftPriceAED/sqft
2026-09-08Studio47503AED 515,0001,025
2026-09-081 bedroom82886AED 840,000948
2026-09-012 bedrooms1431,537AED 1,635,0001,064
2026-07-242 bedrooms1431,537AED 1,580,0001,028
2026-07-09Studio48520AED 540,0001,039
2026-07-081 bedroom77826AED 995,0001,205
2026-06-23Studio48514AED 525,0001,021
2026-06-022 bedrooms1431,537AED 1,450,000943
2026-06-012 bedrooms1381,481AED 1,350,000911
2026-06-012 bedrooms1381,481AED 2,000,0001,350
2026-05-202 bedrooms1381,481AED 1,375,000928
2026-05-151 bedroom74798AED 810,0001,015
2026-05-14Studio43467AED 540,0001,155
2026-05-13Studio48514AED 535,0001,041

12-month history: 26 sales registered in this building over the last twelve months, median AED 10,928 per m2 (AED 1,015 per sqft).

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