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District data

Al Reef - property prices & transactions

Al Reef has 6,515 recorded ADREC sale transactions, at a median price of AED 1,061,688 and AED 710 per built-up square foot. These are settled transactions, not asking prices.

ADREC registry · 2019-01-092026-09-01

The most-traded size in Al Reef is the 2-bedroom, with 2,615 recorded sales - 40% of the district's total - at a median of AED 709 per built-up sqft.

4% of recorded sales here were off-plan and 96% were completed homes, which explains part of the spread between individual transaction prices.

Activity is concentrated: Al Reef Downtown alone accounts for 44% of the district's recorded sales.

The median price per sqft has risen from AED 700 in 2019 to AED 1,029 in 2026.

Read the full area guide

6,515

Recorded sales · 2019–2026

AED 710

Median AED per built-up sqft · 2019–2026

+21.3% vs 2025 median

AED 1.06m

Median sale price

AED 7.9bn

Total recorded value

8

Projects with sales

Median price by unit size

Per-sqft price and unit size move inversely - smaller homes command more per foot, so one blended figure hides which size a buyer is actually pricing.

Median price by unit size - Al Reef
Unit sizeRecorded salesMedian AED/sqftMedian price
Studio78AED 914AED 371,314
1BR605AED 700AED 582,233
2BR2,615AED 709AED 881,657
3BR1,078AED 711AED 1,330,861
4BR1,347AED 701AED 1,200,000
5BR745AED 710AED 2,090,575

By property type

By property type - Al Reef
TypeRecorded salesMedian AED/sqft
townhouse3,385AED 747
apartment2,907AED 653
villa222AED 730

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Off-plan vs ready

Off-plan sales register at a different price point from completed stock; splitting them keeps the median honest.

Off-plan vs ready - Al Reef
StatusRecorded salesAverage price
Off-plan281AED 1.15m
Ready6,234AED 1.22m

Most active projects

Ranked by recorded sales. Projects with at least 10 sales in this district.

Most active projects - Al Reef
ProjectRecorded salesMedian AED/sqftMedian price
Al Reef Downtown2,893AED 653AED 783,921
Al Reef Townhouses - Arabian Village1,164AED 705AED 1,200,000
Al Reef Townhouses - Contemporary Village903AED 803AED 1,373,837
Al Reef Townhouses - Mediterranean Village794AED 768AED 1,395,426
Al Reef Townhouses - Desert Village746AED 741AED 1,361,510

Recorded sales by year

Recorded sales by year - Al Reef
YearRecorded sales
2019
1,976
2020
2,371
2021
346
2022
278
2023
311
2024
376
2025
621
2026
236

Method

Figures are medians over recorded ADREC sale transactions - settled deals, not asking prices or portal listings. Median AED per built-up square foot is converted from the registry's square-metre basis at 10.7639 sqft per sqm. A median can move because the mix of what sold changed, not only because prices changed. Districts are published only where at least 30 sales are on record. This is market information for professional use, not investment, valuation, legal or tax advice.

Cite this page

You are welcome to quote these figures in articles, reports and client material. Please attribute them and link back so readers can check the period and method:

Knownable, "Al Reef property prices & transactions", https://www.knownable.com/en/districts/al-reef

Published under CC BY 4.0.

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