Al Reef — property prices & transactions
Al Reef has 6,480 recorded ADREC sale transactions, at a median price of AED 1,060,287 and AED 709 per built-up square foot. These are settled transactions, not asking prices.
ADREC registry · 2019-01-09 → 2026-07-30
6,480
Recorded sales
-67.6% vs last year
AED 709
Median AED per built-up sqft
+21.3% vs last year
AED 1m
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.
| Unit size | Recorded sales | Median AED/sqft | Median price |
|---|---|---|---|
| Studio | 78 | AED 914 | AED 371,314 |
| 1BR | 647 | AED 720 | AED 586,926 |
| 2BR | 2,600 | AED 708 | AED 881,326 |
| 3BR | 1,072 | AED 710 | AED 1,330,648 |
| 4BR | 1,342 | AED 701 | AED 1,200,000 |
| 5BR | 741 | AED 710 | AED 2,090,472 |
By property type
| Type | Recorded sales | Median AED/sqft |
|---|---|---|
| townhouse | 3,373 | AED 747 |
| apartment | 2,886 | AED 652 |
| villa | 220 | AED 730 |
Off-plan vs ready
Off-plan sales register at a different price point from completed stock; splitting them keeps the median honest.
| Status | Recorded sales | Average price |
|---|---|---|
| Off-plan | 281 | AED 1m |
| Ready | 6,199 | AED 1m |
Most active projects
Ranked by recorded sales. Projects with at least 10 sales in this district.
| Project | Recorded sales | Median AED/sqft | Median price |
|---|---|---|---|
| Al Reef Downtown | 2,872 | AED 653 | AED 783,921 |
| Al Reef Townhouses - Arabian Village | 1,161 | AED 704 | AED 1,200,000 |
| Al Reef Townhouses - Contemporary Village | 898 | AED 800 | AED 1,373,685 |
| Al Reef Townhouses - Mediterranean Village | 790 | AED 768 | AED 1,387,935 |
| Al Reef Townhouses - Desert Village | 744 | AED 741 | AED 1,360,159 |
Recorded sales by year
| Year | Recorded sales |
|---|---|
| 2019 | 1,976 |
| 2020 | 2,371 |
| 2021 | 346 |
| 2022 | 278 |
| 2023 | 311 |
| 2024 | 376 |
| 2025 | 621 |
| 2026 | 201 |
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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