Reef Residence Launch Prices
Off-plan in Jumeirah Village Circle (JVC) · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
366 developer launch sales registered at Reef Residence between May 2015 and Mar 2018: 100% apartments, most commonly studio units, typically around 528 sqft.
Bed mix: Studio 53% · 1-bed 32% · 2-bed 16%.
Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.
Launch Price by Quarter
Median registered launch price per square foot at Reef Residence, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2015 Q2 | 30 | AED 867 |
| 2015 Q3 | 16 | AED 909 |
| 2015 Q4 | 49 | AED 919 |
| 2016 Q1 | 33 | AED 940 |
| 2016 Q2 | 79 | AED 805 |
| 2016 Q3 | 37 | AED 1,040 |
| 2016 Q4 | 28 | AED 915 |
| 2017 Q1 | 23 | AED 1,019 |
| 2017 Q2 | 36 | AED 995 |
| 2017 Q3 | 16 | AED 937 |
| 2017 Q4 | 13 | AED 979 |
| 2018 Q1 | 6 | AED 932 |
Launch vs Resale
Reef Residence also has 231 ready-market resales registered with the DLD, the first on 9 April 2018 - 35 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in Jumeirah Village Circle (JVC)
Off-plan in Jumeirah Village Circle (JVC)
Compare this project with every other off-plan launch registered in Jumeirah Village Circle (JVC), or see the community's resale market.
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