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60/40 · paid from booking to handover
Developer payment plan · Dec 2025
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Asking price against DLD sales of comparable units near Reef 997 Residences
Asking prices from the catalogue; sold prices from the Dubai Land Department
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See what sold nearbyDLD-registered sales in Reef 997 Residences
| Date | Building | Size | Price | AED/sq ft |
|---|---|---|---|---|
| 25 Jun 2026 | 997 Residences by Reef Luxury Development | 1,222 sq ft | AED 2.89M | 2,360 |
| 22 Jun 2026 | 997 Residences by Reef Luxury Development | 1,222 sq ft | AED 2.95M | 2,414 |
| 17 Jun 2026 | 997 Residences by Reef Luxury Development | 778 sq ft | AED 1.88M | 2,414 |
| 4 Jun 2026 | 997 Residences by Reef Luxury Development | 834 sq ft | AED 2.26M | 2,706 |
| 19 May 2026 | 997 Residences by Reef Luxury Development | 834 sq ft | AED 2.11M | 2,529 |
| 18 May 2026 | 997 Residences by Reef Luxury Development | 778 sq ft | AED 2.03M | 2,611 |
| 18 May 2026 | 997 Residences by Reef Luxury Development | 771 sq ft | AED 2.19M | 2,840 |
| 8 May 2026 | 997 Residences by Reef Luxury Development | 834 sq ft | AED 2.17M | 2,598 |
DLD sales transactions · Reef 997 Residences · Feb 2026 – Jun 2026
Area trend for Dubai Islands
| Dec 2025 | AED 2,642/sq ft |
|---|---|
| Jan 2026 | AED 2,698/sq ft |
| Feb 2026 | AED 2,869/sq ft |
| Mar 2026 | AED 2,783/sq ft |
| Apr 2026 | AED 3,027/sq ft |
| May 2026 | AED 3,049/sq ft |
| Jun 2026 | AED 2,932/sq ft |
| Jul 2026 | AED 2,657/sq ft |
DLD sales transactions · Dubai Islands · monthly medians · Dec 2025 – Jul 2026
Dubai Islands
Reef 997 Residences is a highly innovative, boutique luxury development by Reef Luxury Developments, prominently situated on the magnificent Island A of the Dubai Islands (formerly Deira Islands) archipelago. This G+2P+8 mid-rise project represents a massive technological leap forward in residential design, famously incorporating the region's first patented outdoor cooling technology and climate-controlled "Winter Gardens." Scheduled for handover in Q1 2028, Reef 997 offers a strictly limited collection of just 63 exclusive residences, ranging from 1 and 2-bedroom apartments to sprawling 3-bedroom duplexes and a palatial 4-bedroom penthouse. Outfitted with high-end German appliances and featuring an infinity pool with a Baja shelf, this development allows residents to enjoy outdoor coastal living 365 days a year.
Key Statistics & At a Glance:
Offering a low-density living experience and a technological advantage that fundamentally alters how residents interact with the Dubai climate, Reef 997 is a standout offering. This comprehensive guide details the strategic brilliance of the Dubai Islands location, the project's groundbreaking architectural design, its exhaustive suite of lifestyle facilities, and the robust financial logic behind the investment.
Dubai Islands is a monumental master development by Nakheel, comprising five distinct islands that are fundamentally transforming Dubai’s northern coastline into a world-class luxury destination. Reef 997 occupies a prime plot on Island A, the most accessible and rapidly developing sector of the archipelago.
A Premier Coastal Destination: Living at Reef 997 means embracing a daily resort lifestyle.
Exceptional Urban Connectivity: Despite its tranquil, island setting, Reef 997 is incredibly well-connected to the historical and commercial centers of Dubai, facilitated by the impressive Infinity Bridge.
Reef Luxury Developments has designed Reef 997 to be a technological and visual standout, prioritizing low-density exclusivity and fundamentally solving the issue of Dubai's harsh summer climate.
A Contemporary Coastal Facade: The 8-storey building features a sleek, modern architectural language characterized by clean lines, a sophisticated neutral color palette, and expansive use of high-performance glass. The design emphasizes the building's deep, innovative balconies that maximize the panoramic views of the sea and the evolving island skyline.
Intelligent, Climate-Responsive Interiors: The interior spaces of the 63 residences are where Reef 997 truly redefines modern luxury living.
Reef 997 is engineered to provide a comprehensive, resort-style lifestyle, offering an array of world-class amenities that cater to health, high-end entertainment, and community socialization.
Aquatic Leisure and Coastal Panoramas:
Health, Wellness, and Recreation:
Community, Family, and Convenience:
Reef 997 caters to a diverse demographic of luxury buyers, offering everything from expansive 1-bedroom apartments to palatial duplexes and penthouses, backed by a highly secure financial structure.
The Balanced 60/40 Payment Plan: Reef Luxury Developments offers a straightforward, investor-friendly payment plan that perfectly aligns with the construction timeline.
Reef Luxury Developments is an innovative, dynamic developer focused on delivering high-quality, technologically advanced residential projects in prime Dubai locations.
A Commitment to Technological Luxury: With Reef 997 Residences, the developer demonstrates a profound understanding of the luxury market's desire to overcome the region's climatic challenges. By integrating patented outdoor cooling technology, they have solved one of the primary issues with high-rise living in Dubai, providing a product that stands out significantly from massive, standard towers. Their strategic selection of Dubai Islands ensures that buyers are investing in a location poised for massive infrastructural growth and capital appreciation.
Images supplied by the developer may be renders and can differ from the finished unit. Floor plans are indicative.
Reef 997 Residences by Reef Luxury Development in Dubai Islands starts from Price on Request. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
Reef 997 Residences offers a flexible payment plan payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
Reef 997 Residences is scheduled for completion in Q1 2028. Construction is progressing on schedule. Buyers can track progress through regular developer updates.
Reef 997 Residences by Reef Luxury Development in Dubai Islands offers strong investment potential. Dubai Islands is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
Reef 997 Residences is developed by Reef Luxury Development, an established property developer in Dubai's real estate market. All developers in Dubai are regulated by RERA to ensure buyer protection.
Reef 997 Residences offers world-class amenities including Gym, Central A/C, Shared Pool, Covered Parking, Landmark View and 2 more facilities. These amenities are designed to provide residents with a premium lifestyle experience.