Developer Deal
From
AED 723,585
Handover
Q3 2028
Payment Plan
70/30
Down Payment
20%
Back to Developer DealsDeveloperReef Luxury DevelopmentView developer profile
Reef 998
Dubai Land Residence Complex
DeveloperReef Luxury DevelopmentView developer profileDLD Waiver
—
Discount
—
Handover
Q2 2028
Post Handover
—
Payment Plan
70%
30%
20% down
About Reef 998
REEF 998 redefines city living with the exclusive Sunken Balcony concept with outdoor cooling, blending nature, comfort, and innovation. Located in Dubai Land Residence Complex (DLRC), it offers direct access to key destinations within a calm, connected community. With over 20 lifestyle amenities — including rooftop cinema, coworking spaces, and fitness zones — every detail is designed to enrich. …
Project documents
Brochures
Floor plans
Master plans
Payment schedule
Option 1
- Deposit
- 20%
- During construction
- 50%
- On handover
- 30%
- Post-handover
- 30%
Option 2
- Deposit
- 20%
- During construction
- 50%
- On handover
- 30%
Market Intelligence
Completed transactions in Dubai Land Residence Complex
Median sale price/sqft
AED 1,201/sqft
Median sale price
AED 754,000
Gross rental yield
6.3%
Median annual rent
AED 47,250
Median price/sqft over time
Aug 24Range AED 194 – AED 1,215Dec 24
Community activity
LiquidityStrong
955 sales and 683 rentals in the last 12 months
Off-plan vs ready
Off-plan 77.3%Ready 22.7%
Primary vs resale
Primary 77.3%Resale 22.7%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-31 | Samana Ivy Gardens | 2 | 978 sqft | AED 1,174,122 | 1,201 |
| 2024-12-31 | Weybridge Gardens 2 | 2 | 1,101 sqft | AED 1,073,467 | 975 |
| 2024-12-31 | AG AUM Residence | Studio | 383 sqft | AED 497,734 | 1,300 |
| 2024-12-31 | Terra Tower | Studio | 352 sqft | AED 562,640 | 1,598 |
| 2024-12-31 | AG AUM Residence | Studio | 370 sqft | AED 480,802 | 1,300 |
| 2024-12-31 | Time 3 | Studio | 354 sqft | AED 532,000 | 1,501 |
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 998
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 998
- What is the handover date for Reef 998?
- Reef 998 is scheduled for handover in Q2 2028.
- What is the starting price of Reef 998?
- Prices start from AED 856,374. Contact our team for current availability.
- Who is the developer of Reef 998?
- Reef 998 is being developed by Reef Luxury Development.
- Where is Reef 998 located?
- Reef 998 is located in Dubai Land Residence Complex.