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Ready building · Reef Luxury

Reef Residence, Al Barsha South Fourth

Highlights

Reef Residence at a glance

About Reef Residence

Reef Residence is a mixed-use building in Al Barsha South Fourth, Dubai, developed by Reef Luxury. It holds about 397 units: studios, 1-bedroom apartments, 2-bedroom apartments, commercial units.

The building was completed in 2017 and has been in use for about 9 years. 22 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,023 per sq ft.

Reef Residence is one of 488 buildings in Al Barsha South Fourth: 286 are complete and 150 are still being built.

In a nutshell

  • A mixed-use ready building
  • Located in Al Barsha South Fourth, Dubai
  • Developed by Reef Luxury
  • Completed in Q4 2017
  • Unit types: Studio, 1 Bed, 2 Beds, Commercial
  • Sizes from 150 to 8,760 sq ft
  • Service charge from AED 9.87 per sq ft
  • Jumeirah Golf Estates metro station 5.8 km away
Status
Ready
Developer
Reef Luxury
Location
Al Barsha South Fourth, Dubai
Completed
Q4 2017
Unit types
Studio, 1 Bed, 2 Beds, Commercial
Prices from
AED 400.0K
Median price per sq ft
AED 1,023
Median gross yield
7.2%
Service charge
AED 15.13 per sq ft (2022)
Nearest metro
Jumeirah Village Circle, 1.1 km

Photos of Reef Residence

Building details

Inside Reef Residence

Properties in Reef Residence

Studios in Reef Residence

There are about 186 of these in Reef Residence, from 470 to 530 sq ft. They have recently sold for a median of AED 540.0K, or AED 1,040 per sq ft.

1-bedroom apartments in Reef Residence

There are about 127 of these in Reef Residence, from 800 to 1,320 sq ft. They have recently sold for a median of AED 850.0K, or AED 960 per sq ft. Owners who resold made a median 4% over what they paid.

2-bedroom apartments in Reef Residence

There are about 65 of these in Reef Residence, from 1,420 to 2,000 sq ft. They have recently sold for a median of AED 1.5M, or AED 940 per sq ft.

Commercial units in Reef Residence

There are about 19 of these in Reef Residence, from 150 to 8,760 sq ft. None has sold recently enough to quote a price.

Unit types in Reef Residence with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Studio186470 sqft43.7 sqmt – 530 sqft49.2 sqmtAED 540KAED 41.9K
1 Bed127800 sqft74.3 sqmt – 1,320 sqft122.6 sqmtAED 850KAED 68K
2 Beds651,420 sqft131.9 sqmt – 2,000 sqft185.8 sqmtAED 1.5M–
Commercial19150 sqft13.9 sqmt – 8,760 sqft813.8 sqmtNo recent sales–

Recent transactions in Reef Residence

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 840K

    AED 948 /sqftAED 10,204 /sqmt

    ReadyApartment
    886 sqft82.3 sqmt1 BedOwner8 Sept 2026

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 515K

    AED 1,024 /sqftAED 11,022 /sqmt

    ReadyApartment
    503 sqft46.7 sqmtStudioOwner7 Sept 2026

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 1.6M

    AED 1,064 /sqftAED 11,453 /sqmt

    ReadyApartment
    1,537 sqft142.8 sqmt2 BedsOwner1 Sept 2026

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 1.6M

    AED 1,028 /sqftAED 11,065 /sqmt

    ReadyApartment
    1,537 sqft142.8 sqmt2 BedsOwner23 Jul 2026

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 540K

    AED 1,038 /sqftAED 11,173 /sqmt

    ReadyApartment
    520 sqft48.3 sqmtStudioOwner9 Jul 2026

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 995K

    AED 1,205 /sqftAED 12,971 /sqmt

    ReadyApartment
    826 sqft76.7 sqmt1 BedOwner8 Jul 2026

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 525K

    AED 1,021 /sqftAED 10,990 /sqmt

    ReadyApartment
    514 sqft47.8 sqmtStudioOwner23 Jun 2026

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 1.5M

    AED 943 /sqftAED 10,150 /sqmt

    ReadyApartment
    1,537 sqft142.8 sqmt2 BedsOwner2 Jun 2026

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 1.4M

    AED 912 /sqftAED 9,817 /sqmt

    ReadyApartment
    1,481 sqft137.6 sqmt2 BedsOwner1 Jun 2026

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 2M

    AED 1,350 /sqftAED 14,531 /sqmt

    ReadyApartment
    1,481 sqft137.6 sqmt2 BedsOwner1 Jun 2026

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 1.4M

    AED 928 /sqftAED 9,989 /sqmt

    ReadyApartment
    1,481 sqft137.6 sqmt2 BedsOwner20 May 2026

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 810K

    AED 1,015 /sqftAED 10,925 /sqmt

    ReadyApartment
    798 sqft74.1 sqmt1 BedOwner15 May 2026

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 540K

    AED 1,156 /sqftAED 12,443 /sqmt

    ReadyApartment
    467 sqft43.4 sqmtStudioOwner14 May 2026

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 535K

    AED 1,041 /sqftAED 11,205 /sqmt

    ReadyApartment
    514 sqft47.8 sqmtStudioOwner13 May 2026

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 560K

    AED 1,199 /sqftAED 12,906 /sqmt

    ReadyApartment
    467 sqft43.4 sqmtStudioOwner27 Feb 2026

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 880K

    AED 951 /sqftAED 10,236 /sqmt

    ReadyApartment
    925 sqft85.9 sqmt1 BedOwner12 Feb 2026

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 900K

    AED 1,016 /sqftAED 10,936 /sqmt

    ReadyApartment
    886 sqft82.3 sqmt1 BedOwner29 Jan 2026

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 1.2M

    AED 810 /sqftAED 8,719 /sqmt

    ReadyApartment
    1,481 sqft137.6 sqmt2 BedsOwner15 Jan 2026

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 56K/yr

    ApartmentNew contract
    798 sqft74.1 sqmt1 Bedto

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 65K/yr

    ApartmentNew contract
    886 sqft82.3 sqmt1 Bedto

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 45K/yr

    ApartmentNew contract
    514 sqft47.8 sqmtStudioto

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 40K/yr

    ApartmentNew contract
    520 sqft48.3 sqmtStudioto

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 40K/yr

    ApartmentRenewal
    515 sqft47.8 sqmtStudioto

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 50K/yr

    ApartmentNew contract
    515 sqft47.8 sqmtStudioto

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 41.9K/yr

    ApartmentNew contract
    515 sqft47.8 sqmtStudioto

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 65K/yr

    ApartmentNew contract
    886 sqft82.3 sqmt1 Bedto

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 40K/yr

    ApartmentNew contract
    520 sqft48.3 sqmtStudioto

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 40K/yr

    ApartmentRenewal
    467 sqft43.4 sqmtStudioto

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 40K/yr

    ApartmentNew contract
    520 sqft48.3 sqmtStudioto

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 42K/yr

    ApartmentNew contract
    467 sqft43.4 sqmtStudioto

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 72K/yr

    ApartmentNew contract
    798 sqft74.1 sqmt1 Bedto

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 78.8K/yr

    ApartmentRenewal
    826 sqft76.7 sqmt1 Bedto

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 40K/yr

    ApartmentNew contract
    520 sqft48.3 sqmtStudioto

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 42K/yr

    ApartmentNew contract
    467 sqft43.4 sqmtStudioto

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 50K/yr

    ApartmentRenewal
    515 sqft47.8 sqmtStudioto

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 48K/yr

    ApartmentRenewal
    529 sqft49.1 sqmtStudioto

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 68K/yr

    ApartmentRenewal
    886 sqft82.3 sqmt1 Bedto

  • Reef Residence

    Jumeirah Village Circle (JVC)

    AED 70K/yr

    ApartmentRenewal
    826 sqft76.7 sqmt1 Bedto

Every sale in Reef ResidenceEvery rent contract in Reef Residence

Service charges in Reef Residence

The 2022 service charge in Reef Residence is AED 15.13 per sq ft for homes, AED 9.87 per sq ft for shops, AED 2.19 per sq ft for villas. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in Reef Residence
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2022)AED 15.13800 sqft74.3 sqmt – 1,320 sqft122.6 sqmtAED 12,104 – AED 19,972
2 Beds Apartment (2022)AED 15.131,420 sqft131.9 sqmt – 2,000 sqft185.8 sqmtAED 21,485 – AED 30,260
Retail (2022)AED 9.87150 sqft13.9 sqmt – 8,760 sqft813.8 sqmtAED 1,481 – AED 86,461
Studio Apartment (2022)AED 15.13470 sqft43.7 sqmt – 530 sqft49.2 sqmtAED 7,111 – AED 8,019

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Available now

Properties for sale and rent in Reef Residence

Units in Reef Residence listed with fäm right now. Each listing has its own photos, price and the broker handling it.

Nearby amenities

Around Reef Residence

Transportation near Reef Residence

The nearest Dubai Metro station from Reef Residence is Jumeirah Golf Estates (red line, 5.8 km, about 14 min drive), then Al Furjan (red line, 6.2 km, about 14 min drive). Stations planned on new lines nearby include Jumeirah Village Circle (golden line, 1.1 km, about 13 min walk) and Dubai Production City (golden line, 3.6 km, about 9 min drive). Most residents will drive or take a taxi to the metro.

  • Jumeirah Village CircleGolden line · 1.1 km · about 13 min walk
  • Dubai Production CityGolden line · 3.6 km · about 9 min drive
  • Dubai Miracle GardenGolden line · 3.9 km · about 10 min drive
  • Hadaeq Mohammed Bin RashidGolden line · 4.6 km · about 11 min drive
  • Jumeirah Golf Estates InterchangeGolden line · 5.8 km · about 14 min drive
  • Jumeirah Golf EstatesRed line · 5.8 km · about 14 min drive

Shopping and groceries near Reef Residence

The closest is Arena Mall, 1.1 km from Reef Residence (about 13 min walk).

  • Arena MallShopping Mall · 1.1 km · about 13 min walk
  • Uptown Motor CityShopping Mall · 3.5 km · about 9 min drive
  • Jumeirah Park Pavilion (Community Center)Shopping Mall · 5.1 km · about 12 min drive
  • Spinneys / Green Community (Located in Emirates Road)Supermarket · 6.6 km · about 15 min drive
  • Marina WalkShopping Mall · 7.6 km · about 17 min drive

Restaurants and hotels near Reef Residence

The closest is Medlock Villas, 2.8 km from Reef Residence (about 8 min drive).

  • Medlock VillasHotel · 2.8 km · about 8 min drive
  • Gloria HotelHotel · 6.2 km · about 14 min drive
  • Gulf Oasis Hotel ApartmentsHotel · 6.3 km · about 15 min drive
  • Grand Belle Vue Hotel Apartment DubaiHotel · 6.4 km · about 15 min drive
  • Ramada Chelsea Al Barsha HotelHotel · 6.7 km · about 15 min drive

Hospitals and clinics near Reef Residence

The closest is Saudi German Hospital, 6.2 km from Reef Residence (about 14 min drive).

  • Saudi German HospitalHospital · 6.2 km · about 14 min drive
  • Armada Medical CentreHospital · 7.3 km · about 17 min drive
  • Mediclinic - Al SufouhHospital · 7.8 km · about 18 min drive
  • Dr Marc Mueller VIP ClinicHospital · 8 km · about 18 min drive

Schools near Reef Residence

The nearest is Renaissance School L.L.C, 1.6 km away. Ratings are the KHDA's latest inspection grades.

  • Renaissance School L.L.CAmerican · KHDA: Acceptable · 1.6 km
  • Sunmarke School FZEUK - International Baccalaureate (1 · KHDA: Very good · 1.7 km
  • Victory Heights Primary School L.L.CUK · KHDA: Outstanding · 1.8 km
  • JSS International School L.L.CIndian · KHDA: Very good · 2.2 km
  • Dwight School L.L.CInternational Baccalaureate · KHDA: Good · 2.3 km
  • Nord Anglia International School L.L.CUK - UK/IB · KHDA: Outstanding · 2.3 km

Other buildings in Al Barsha South Fourth

Al Barsha South Fourth has 488 buildings. A few others to compare Reef Residence with:

All 488 Al Barsha South Fourth buildings →

Things to consider about Reef Residence

In its favour

  • An active resale market: 22 sales in the last year make it easier to price and to sell.
  • Owners who resold have made money: a median gain of up to 4%.
  • A median gross yield of 7.2% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • The nearest running metro station is 5.8 km away, so a car helps.

Specialists

Brokers who know Reef Residence

These brokers handle sales and lettings in Reef Residence and can tell you what is available now.

FAQs

Reef Residence: questions answered

Reef Residence was developed by Reef Luxury in Al Barsha South Fourth.

Reef Residence is completed in Q4 2017.

Across its 18 most recent registered sales, Reef Residence sold for a median of AED 1,023 per sq ft and AED 890.0K per unit.

Recent yearly contracts in Reef Residence have a median rent of AED 46.5K.

The median gross yield on recently sold units in Reef Residence is 7.2%: the rent the unit earned over its purchase price, before costs.

The 2022 service charge for residential units in Reef Residence is AED 15.13 per sq ft a year, as registered with the Dubai Land Department.

Reef Residence has Studio (470 to 530 sq ft), 1 Bed (800 to 1,320 sq ft), 2 Beds (1,420 to 2,000 sq ft), Commercial (150 to 8,760 sq ft).

Jumeirah Village Circle is about 1.1 km from Reef Residence.

The nearest schools include Renaissance School L.L.C (1.6 km), Sunmarke School FZE (1.7 km), Victory Heights Primary School L.L.C (1.8 km).

Buying, selling or renting in Reef Residence?

A broker who works Al Barsha South Fourth will tell you what is available and what comparable homes went for.

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