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Starting From
Price on Request
Stack and view premiums vary by unit
Nestled in the heart of Dubai Land Residence Complex (DLRC), Reef 998 is an architectural marvel designed to elevate contemporary urban living.
Developer
Reef Luxury Development
Property type
Apartment
Unit mix
1 & 2 bedroom
Handover
Q2 2028
Ownership
Freehold
Launched
Q2 2025
20%
Down Payment
40%
During Construction
40%
On Handover
Availability check
Get current release, stack, floor, and view pricing from our advisors.
Request latest price list
Location Advantage
Starting Price
Developer Reputation
Completion Timeline
Rental Yield Potential
Pricing
Price on Request
Current unit pricing depends on stack, view, floor, and release phase.
Cash-flow profile
60% pre-handover
20% Down Payment · 40% During Construction · 40% On Handover
40% on handover
Area PSF benchmark
AED 1,461
Dubai Land Residence Complex 12-month registered-sales median price per square foot.
Avg AED 1,421 / sqft
Market liquidity
10.9K sales
AED 18.6B traded in Dubai Land Residence Complex over the last 12 months.
5,777 sales in 6 months
Off-plan demand
82.2% share
82.2% of Dubai Land Residence Complex sales in the last 12 months were off-plan transactions.
Buyer demand signal
Price momentum
+11.6% YoY
Area price-per-sqft movement is a market benchmark, not a return guarantee.
+1.5% MoM
Active module
Transactions
Dubai Land Residence Complex recorded 10.9K DLD-registered sales worth AED 18.6B over the last 12 months, with a median price of AED 1,461 per square foot. 82.2% of those sales were off-plan, and prices moved +11.6% year-on-year.
Area PSF benchmark
AED 1,461
Market liquidity
10.9K sales
Off-plan demand
82.2%
Price momentum
+11.6%
DLD transactions linked to Reef 998 and its registered project record.
| Date | Type | Unit | Beds | Size | Price | PSF |
|---|---|---|---|---|---|---|
| May 11, 2026 | Off-plan | - | 1 | 647 Sq Ft | AED 988,196 | AED 1,528 |
| May 11, 2026 | Off-plan | - | 2 | 1,011 Sq Ft | AED 1,344,096 | AED 1,329 |
| May 8, 2026 | Off-plan | - | 1 | 623 Sq Ft | AED 960,168 | AED 1,541 |
| May 8, 2026 | Off-plan | - | 0 | 477 Sq Ft | AED 856,374 | AED 1,797 |
| May 8, 2026 | Off-plan | - | 2 | 1,011 Sq Ft | AED 1,323,000 | AED 1,308 |
| May 6, 2026 | Off-plan | - | 2 | 1,011 Sq Ft | AED 1,414,838 | AED 1,399 |
| May 5, 2026 | Off-plan | - | - | 1,167 Sq Ft | AED 2,999,926 | AED 2,571 |
| Apr 30, 2026 | Off-plan | - | 1 | 623 Sq Ft | AED 982,168 | AED 1,577 |
| Apr 22, 2026 | Off-plan | - | 2 | 1,002 Sq Ft | AED 1,392,962 | AED 1,390 |
| Apr 22, 2026 | Off-plan | - | 0 | 410 Sq Ft | AED 759,566 | AED 1,852 |
| Apr 20, 2026 | Off-plan | - | 0 | 411 Sq Ft | AED 658,522 | AED 1,604 |
| Apr 15, 2026 | Off-plan | - | 0 | 411 Sq Ft | AED 759,580 | AED 1,847 |
| Period | Sales | Avg PSF | Volume | Avg size |
|---|---|---|---|---|
| May 2026 | 271 | AED 1,462 | AED 360.7M | 953 Sq Ft |
| Apr 2026 | 830 | AED 1,457 | AED 1.4B | 1,243 Sq Ft |
| Mar 2026 | 900 | AED 1,453 | AED 1.4B | 1,000 Sq Ft |
| Feb 2026 | 912 | AED 1,441 | AED 1.8B | 1,365 Sq Ft |
| Jan 2026 | 863 | AED 1,409 | AED 1.4B | 1,247 Sq Ft |
| Dec 2025 | 879 | AED 1,429 | AED 1.7B | 1,295 Sq Ft |
| Nov 2025 | 1,122 | AED 1,446 | AED 1.8B | 1,159 Sq Ft |
| Oct 2025 | 1,113 | AED 1,459 | AED 1.7B | 1,094 Sq Ft |
| Sep 2025 | 903 | AED 1,429 | AED 1.6B | 1,264 Sq Ft |
| Aug 2025 | 778 | AED 1,413 | AED 1.3B | 1,262 Sq Ft |
| Jul 2025 | 764 | AED 1,385 | AED 1.3B | 1,338 Sq Ft |
| Jun 2025 | 723 | AED 1,349 | AED 1.2B | 1,387 Sq Ft |
1 Bedroom
-
100 sales in 12 months
2 Bedrooms
-
38 sales in 12 months
3 Bedrooms
-
14 sales in 12 months
Listings
Unit-level pricing and availability are confirmed against the current developer release before you commit.
| Unit type | Size | Price | Area PSF (12m) | Buyer note |
|---|---|---|---|---|
| Studio | - | Price on Request | - | Confirm current stack, view, and floor premium |
| 1 Bedroom | - | Price on Request | - | Confirm current stack, view, and floor premium |
| 2 Bedrooms | - | Price on Request | - | Confirm current stack, view, and floor premium |
Location
Discover the exceptional location of Reef 998 in Dubai Land Residence Complex, offering unparalleled access to Dubai's finest destinations.
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Reef 998 is not merely a residential skyscraper; it is a profound technological and architectural leap forward for the Dubai real estate market. Developed by the highly innovative Reef Luxury Developments, this off-plan mega-project located in the Dubai Land Residence Complex (DLRC) is designed to solve the ultimate challenge of Middle Eastern living: maximizing outdoor space during the intense summer heat. Rising elegantly across 20 residential floors (atop massive parking and podium levels), the tower houses an inventory of 323 premium units. Scheduled for handover in mid-2028, Reef 998 deliberately moves away from standard apartment designs, offering instead a highly interactive, tech-enabled living environment that caters perfectly to forward-thinking professionals, modern families, and astute global investors.
The core philosophy driving Reef 998 is the seamless integration of luxury, sustainability, and groundbreaking innovation. The absolute standout feature of the development is its globally patented "Climate-Controlled Sunken Balconies." This unprecedented technology allows residents to utilize their outdoor terrace spaces as functional living areas all year round. Combined with fully furnished, smart-home interiors and a staggering suite of resort-style rooftop amenities, Reef 998 offers an unparalleled residential solution. For those demanding genuine architectural IP and massive capital appreciation potential from their real estate portfolio, Reef 998 delivers uncompromised value.
Reef 998 is brought to the market by Reef Luxury Developments. Led by CEO Samer Alnaqbi, they are entering the UAE real estate landscape not as followers, but as absolute disruptors. Their strategy revolves entirely around creating unique Intellectual Property (IP) in their building designs—a strategy proven to generate massive premiums in the secondary market.
Choosing to invest in a property developed by a firm focused on technological innovation offers profound advantages. The inclusion of patented climate-control technology on every balcony demonstrates a massive commitment to R&D and superior engineering standards. Furthermore, Reef Development is delivering every single unit in the building fully furnished, equipped with high-end appliances, and fully integrated as a "Smart Home." For investors, this dedication to delivering a high-spec, turnkey product significantly reduces the "hidden costs" of off-plan investment (like interior fit-outs) and guarantees that the building will dominate rental listings upon completion.
The Dubai Land Residence Complex (DLRC) is arguably one of the most significant and rapidly maturing suburban growth corridors in Dubai's real estate landscape. Positioned within the massive expanse of Dubailand, it is designed to be the ultimate hub for affordable, high-quality family living and corporate housing.
Reef 998 occupies a highly strategic, prominent plot within this master plan. The location offers residents the perfect synthesis of suburban peace and macro-urban accessibility. The immediate environment is characterized by wide streets, low traffic density, and an emerging array of community parks. Yet, essential infrastructure—including major supermarkets, top-tier international schools (like GEMS First Point School), and university campuses—is just a short drive away, ensuring absolute daily convenience for families and professionals.
In the dynamic environment of Dubai, connectivity is a primary driver of real estate value. Reef 998 excels spectacularly in this regard, offering residents rapid, uncongested access to the city’s major arterial road networks.
The architectural design of the 20-storey Reef 998 is a striking manifestation of modern, tech-forward engineering. The facade utilizes clean, sweeping lines designed to maximize natural light while beautifully integrating the unique sunken balcony structures.
Internally, Reef Development has focused on creating highly efficient, move-in-ready living environments. The 323-unit development offers a highly versatile mix:
The Innovation: The patented "Climate-Controlled Sunken Balcony" provides a lowered, thermally regulated seating area that acts as an all-season extension of the living room. Furthermore, all units are delivered fully furnished and feature comprehensive home automation systems.
Reef 998 redefines the traditional high-rise apartment building by incorporating a staggering suite of luxury amenities designed to create a fully self-sustaining micro-resort.
Reef 998 represents an incredibly powerful, high-yield investment opportunity. The demand for modern, highly amenitized, fully furnished apartments in DLRC is currently surging as professionals seek high-quality alternatives to the exorbitant rental prices found in Downtown.
The financial accessibility of this highly innovative asset is facilitated by a highly attractive 70/30 payment plan. Buyers secure the property with a 20% down payment (plus DLD fees), followed by 50% paid in manageable installments (often 1% monthly) during construction. The final 30% is due upon handover in Q2 2028 (or, in some structures, spread across a post-handover period).
The investment thesis is ironclad. Properties featuring unique, patented architectural IP operate in a distinct micro-niche with zero direct competition. Because the units are delivered fully furnished and tech-enabled, they are instantly ready to be deployed onto the highly lucrative short-term rental market (Airbnb). Supported by its excellent connectivity and the massive array of resort amenities, Reef 998 is guaranteed to see robust capital appreciation and command absolute premium rental yields.
Reef 998 by Reef Luxury Developments is a visionary residential masterpiece that brings unprecedented technological innovation and resort-style luxury to the heart of DLRC. By successfully integrating patented climate-controlled balconies, fully furnished smart-home layouts, and a massive suite of rooftop amenities, the developer has created the ultimate suburban sanctuary. Supported by excellent road connectivity to Downtown Dubai and the financial flexibility of a 70/30 payment plan, Reef 998 stands as an exceptionally secure, high-yielding asset for investors and a profoundly unique, comfortable home for its future residents.
Reef 998 by Reef Luxury Development in Dubai Land Residence Complex 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 998 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 998 is scheduled for completion in Q2 2028. Construction is progressing on schedule. Buyers can track progress through regular developer updates.
Reef 998 by Reef Luxury Development in Dubai Land Residence Complex offers strong investment potential. Dubai Land Residence Complex 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 998 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 998 offers world-class amenities including Central A/C, CCTV Cameras, Shared Pool, Covered Parking, Children Play Area and 1 more facilities. These amenities are designed to provide residents with a premium lifestyle experience.