Studio Apartments for Sale in Reef Residence

How many studio apartments are listed for sale in Reef Residence?

On Bayut, the number of currently listed studio flats in Reef Residence is 12.

How much do the prices of a studio apartment for sale vary in Reef Residence?

As per the listings on Bayut, you can buy studio flats in Reef Residence within a budget of AED 585,000 to AED 670,000.

How much do studio apartments cost on average in Reef Residence?

According to the last 6 months' listings on Bayut, a studio flat for sale in Reef Residence has an average asking price of around AED 590,969. These asking prices may vary depending on the property size, type, condition, etc.

Has the average asking sale price changed for studio flats in Reef Residence?

The average asking price for studio apartments has witnessed a change of +6%. The change in price over the past 6 months can be due to the prevailing market conditions and new developments.

Which areas can be considered when exploring studio apartments near Reef Residence?

You can explore the following areas to purchase a studio apartment near Reef Residence:

• Dubai Sports City
• Dubai Production City (IMPZ)
• Jumeirah Village Triangle (JVT)

Are there any good schools near Reef Residence?

If you are seeking top schools near Reef Residence, here's what is recommended:

• Renaissance School, Dubai Sports City
• Sunmarke School
• Victory Heights Primary School

Are there any nurseries close to Reef Residence?

Here's what you can find among the top nurseries:

• Idea Early Learning Center
• The Wonder Years Nursery Dubai Sports City
• Jumeirah International Nursery JVT

How much ROI do studio apartments in Reef Residence generate?

Investors can earn up to 8.08% return on investment in Reef Residence. The value of ROI can vary depending on the property's size, location, amenities nearby and changes in market dynamics. 

Which leading real estate agencies are there in Reef Residence?

Agencies with the most listings of studio flats for sale include the following:

• You & House Properties
• Zone 24 Properties
• PMTL Real Estate

How many sale transactions were recorded for studio apartments in Reef Residence?

As per DLD's data for the last 12 months, the total number recorded for studio apartments sold in Reef Residence is 25.

What is the average cost of a studio apartment sold in Reef Residence?

According to DLD’s transactional data, studio apartments in Reef Residence have sold at an average price of AED 542,100. Prices may go above or below the average depending on the apartment’s size, type, and location.

Did prices for a studio apartment in Reef Residence experience any changes?

The prices of studio apartments in Reef Residence reflect a change of +7% over the past 6 months. The change can be attributed to the prevailing market conditions.