Developer Deal
From
AED 740,000
Handover
Q4 2028
Payment Plan
73/54
Down Payment
20%
Back to Developer DealsDeveloperReef Luxury DevelopmentView developer profile
REEF 996
DPC (Dubai Production City)
DeveloperReef Luxury DevelopmentView developer profileDLD Waiver
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Discount
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Handover
Q3 2028
Post Handover
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Payment Plan
70%
30%
20% down
About REEF 996
REEF 996 stands out with a modern architectural identity shaped by clean vertical lines, and an impressive integration of innovation into the building’s core design. Its structure seamlessly blends refined aesthetics with functional engineering, establishing a landmark presence defined by the world’s first Outdoor-Cooled Garden Lounges and patented Outdoor-Cooled Sunken Balconies — features that e…
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Payment schedule
3 Years Payment Plan
- Deposit
- 20%
- During construction
- 50%
- On handover
- 30%
Market Intelligence
Completed transactions in Dubai Production City (IMPZ)
Median sale price/sqft
AED 1,195/sqft+24%
Median sale price
AED 708,588
Gross rental yield
6%
Median annual rent
AED 42,646
Median price/sqft over time
Jan 24Range AED 1,046 – AED 1,276Dec 24
Community activity
LiquidityStrongPrice momentumRising
2,480 sales and 8,063 rentals in the last 12 months
Off-plan vs ready
Off-plan 52.9%Ready 47.1%
Primary vs resale
Primary 52.9%Resale 47.1%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-31 | Jannat | 1 | 766 sqft | AED 946,689 | 1,235 |
| 2024-12-31 | Jannat | 1 | 801 sqft | AED 978,449 | 1,221 |
| 2024-12-31 | Jannat | 2 | 1,162 sqft | AED 1,510,065 | 1,300 |
| 2024-12-31 | Jannat | 1 | 767 sqft | AED 940,850 | 1,227 |
| 2024-12-31 | Jannat | 1 | 801 sqft | AED 975,558 | 1,218 |
| 2024-12-31 | Jannat | 1 | 801 sqft | AED 975,557 | 1,218 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for REEF 996
Our team will send you the complete payment schedule, floor plans and current offer from Reef Luxury Development.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about REEF 996
- What is the handover date for REEF 996?
- REEF 996 is scheduled for handover in Q3 2028.
- What is the starting price of REEF 996?
- Prices start from AED 723,585. Contact our team for current availability.
- Who is the developer of REEF 996?
- REEF 996 is being developed by Reef Luxury Development.
- Where is REEF 996 located?
- REEF 996 is located in DPC (Dubai Production City).