Reef Tower property prices & sales
Reef Tower at a glance written from registered records
Reef Tower recorded 12 registered sales in the last 12 months, worth AED 77.46M in total. The median price was AED 2,648 per sq ft, up 12.1% on the previous 12 months, and the median sale price was AED 6.48M. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 45 rental contracts registered in the same period, the median annual rent was AED 500,000, an indicative gross yield of 7.7%.
Median price per sq ft by year registered sales
| Year | Sales | Median AED/sq ft | Median price |
|---|---|---|---|
| 2026 | 6 | 2,763 | AED 6.03M |
| 2025 | 21 | 2,473 | AED 4.62M |
| 2024 | 7 | 2,021 | AED 5.00M |
| 2023 | 32 | 1,028 | AED 2.68M |
| 2022 | 18 | 1,116 | AED 1.98M |
| 2021 | 11 | 855 | AED 1.78M |
| 2020 | 9 | 746 | AED 2.30M |
| 2019 | 4 | 700 | AED 1.70M |
| 2018 | 3 | 1,073 | AED 2.58M |
| 2017 | 4 | 903 | AED 2.60M |
| 2016 | 2 | 920 | AED 2.23M |
Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter
| Type | Sales | Entry | Typical | Premium | AED/sq ft | Typical size |
|---|---|---|---|---|---|---|
| Office | 30 | AED 4.43M | AED 5.27M | AED 6.49M | 2,564 | 2,375 sq ft |
Who's buying last 12 months
Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.
Latest registered sales
| Date | Type | Beds | Building | Sq ft | Price | AED/sq ft |
|---|---|---|---|---|---|---|
| 2026-09-17 | Unit | Office | Reef Tower | 1,725 | AED 6,462,624 | 3,746 |
| 2026-09-09 | Unit | Office | Reef Tower | 2,375 | AED 6,890,000 | 2,901 |
| 2026-06-22 | Unit | Office | Reef Tower | 2,474 | AED 5,600,000 | 2,263 |
| 2026-02-03 | Unit | Office | Reef Tower | 2,458 | AED 6,500,000 | 2,645 |
| 2026-01-28 | Unit | Office | Reef Tower | 1,719 | AED 4,950,000 | 2,880 |
| 2026-01-15 | Unit | Office | Reef Tower | 1,739 | AED 4,560,000 | 2,623 |
The full report lists every registered sale, with filters by bedroom and date. Open it free.
Questions about Reef Tower
What is the average price per sq ft in Reef Tower?
Over the last 12 months the median registered sale price in Reef Tower was AED 2,648 per sq ft (+12.1% year on year).
What is the rental yield in Reef Tower?
Comparing the median annual rent (AED 500,000) with the median sale price (AED 6,481,312) over the last 12 months gives an indicative gross yield of 7.7%.
How many properties sold in Reef Tower in the last 12 months?
12 sales were registered in the last 12 months, 0.0% of them off-plan.
What is the average rent in Reef Tower?
The median annual rent across 45 contracts registered in the last 12 months was AED 500,000.
Comparables in DMCC Master Community 12m
Reef Tower ranks #9 of 65 by price per sq ft.
| Project | Sales | AED/sq ft |
|---|---|---|
| Hilton Residences Dubai Jumeirah Lakes Towers | 65 | 3,102 |
| Reef Tower | 12 | 2,648 |
| Jumeirah Business Centre1 | 57 | 2,643 |
| Mercer House | 57 | 2,623 |
| Saba 4 | 55 | 2,535 |
| Diamondz By Danube | 134 | 2,446 |
| MBL Signature | 123 | 2,283 |
| Uh East By Ellington | 62 | 1,931 |
| Uh West By Ellington | 58 | 1,931 |
| Ag Tower | 60 | 1,683 |
| Dubai Star | 54 | 1,465 |
| Armada Towers | 61 | 1,279 |
| Seven City Jlt | 112 | 1,258 |
Project record
| Developer | Reef Real Estate Investment Co (L.L.C) |
| Status | Finished |
| Completion | 100% |
| Handover | 2009-02-04 |
| Units | 121 |
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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.
