Developer: Reef Luxury Development · Dubai Islands

997 Residences

997 Residences is a residential project by Reef Developments in Dubai Islands, Dubai, with prices from AED 2 026 186, handover Q1 2028, construction 4% complete per the DLD registry, 63 units.

Price fromAED 2 026 186
HandoverQ1 2028
Construction4%
Units63

Layouts and sizes

TypeBedroomsSize, sq.ft
One Bedroom1776–1 062
Two Bedroom21 220–2 187
Three Bedroom Duplex32 492–2 550
Four Bedroom Penthouse46 022

Payment plan 60/40

The purchase price is split into these stages.

120%Down payment
240%During construction
340%On handover

The exact schedule is confirmed in the sale agreement for the selected unit.

Construction progress

4.01%
  • StatusActive
  • Construction started2025-07-15
  • HandoverQ1 2028
  • Status date24.06.2026
  • Escrow bankFirst Abu Dhabi Bank
  • DLD project number3837

Data from the Dubai Land Department project registry (updated 18.08.2026 09:55).

Construction progress 11
24 June 2026 4.01%
997 Residences, Dubai Islands construction progress — 24 June 2026, 4.01% complete, photo 1 of 5997 Residences, Dubai Islands construction progress — 24 June 2026, 4.01% complete, photo 2 of 5997 Residences, Dubai Islands construction progress — 24 June 2026, 4.01% complete, photo 3 of 5997 Residences, Dubai Islands construction progress — 24 June 2026, 4.01% complete, photo 4 of 5997 Residences, Dubai Islands construction progress — 24 June 2026, 4.01% complete, photo 5 of 5

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
25.06.20262 BR113.62 885 317
22.06.20262 BR113.62 950 155
17.06.20261 BR72.31 878 339
04.06.20261 BR77.52 257 363
19.05.20261 BR77.52 109 896
18.05.20261 BR72.32 031 669
18.05.20261 BR71.62 189 700
08.05.20261 BR77.52 167 285
04.05.20262 BR112.92 927 585
26.03.20261 BR71.62 026 186
24.03.20261 BR72.32 184 591
16.02.20261 BR72.32 041 673
13.02.20261 BR77.52 109 896
06.01.20261 BR71.62 026 186
30.12.20251 BR72.32 184 591
15.12.20251 BR97.62 744 499
18.11.20251 BR71.62 026 186
14.11.20252 BR113.12 996 368
13.11.20251 BR71.62 026 186

Dubai Land Department transaction registry, updated 2026-08-16. Explore Dubai property transactions →

Amenities

  • Infinity Swimming Pool
  • Kids Pool
  • Jacuzzi
  • Decking Area
  • Baja Shelf
  • Cabana
  • Hammock Forest Area
  • BBQ Area
  • Kids Playground
  • Gym
  • Yoga Area
  • Outdoor Cinema
  • Community Vegetable Garden
  • Shower Area

What is nearby

  • Al Mamzar Park10 мин
  • Burj Khalifa20 мин
  • Downtown Dubai20 мин
  • Dubai Creek10 мин
  • Dubai Festival City15 мин
  • Dubai Frame10 мин
  • Dubai International Airport15 мин
  • Dubai Mall20 мин
  • Jumeirah Beach25 мин
  • Mall of the Emirates25 мин
  • Mamzar Beach5 мин
997 Residences

About the project

997 Residences is a 63-home residential development by REEF Luxury Developments on Dubai Islands. The G+2P+8 building includes apartments, duplexes and a penthouse, with climate-controlled sunken balconies, winter gardens and outdoor cooled amenities. The project is active, with a recorded construction completion ratio of 4.01% at the inspection dated 24 June 2026, and handover is scheduled for Q1 2028.

The project and its design

997 Residences is configured as a G+2P+8 residential building, comprising a ground floor, two podium levels and eight residential floors. The collection is limited to 63 residences. Its residential concept centres on private and shared outdoor spaces designed for use in Dubai’s climate. Each home includes REEF’s patented climate-controlled sunken balconies and winter gardens. The project also incorporates outdoor cooled amenities. Residences are specified with built-in Bosch appliances, Grohe bathroom fittings and Gutmann aluminium systems. The building combines one- and two-bedroom apartments with larger three-bedroom duplexes and a four-bedroom penthouse, creating a range of layouts within one low-rise residential address on Dubai Islands.

Homes, layouts and sizes

The residence mix includes one-bedroom apartments, two-bedroom apartments, three-bedroom duplexes and one four-bedroom penthouse. One-bedroom apartments range from 776 to 1,062 sq ft. Two-bedroom apartments range from 1,220 to 2,187 sq ft. The three-bedroom duplexes range from 2,492 to 2,550 sq ft, while the four-bedroom penthouse measures 6,022 sq ft. The project has 23 one-bedroom homes, 36 two-bedroom homes, three three-bedroom homes and one four-bedroom home. This distribution places the majority of the collection in the one- and two-bedroom categories, with four larger homes comprising the duplex and penthouse selection.

Amenities and outdoor facilities

The amenity programme includes an infinity swimming pool with a Baja shelf, a separate kids’ pool and a jacuzzi. Poolside facilities include a decking area, cabanas and a shower area. Residents also have access to a gym and a yoga area. Outdoor leisure facilities include a hammock forest area, an outdoor cinema, a barbecue area and a community vegetable garden. A dedicated kids’ playground is included within the development. These facilities sit alongside the project’s outdoor cooled amenity concept, while the climate-controlled sunken balconies and winter gardens form part of every residence’s private outdoor space.

Dubai Islands location

997 Residences is located on Dubai Islands, a five-island masterplan on Dubai’s northern coastline. The wider district includes residential, hospitality, marina and public-realm components. Dubai Islands comprises Marina Island, Central Island, Shore Island, Golf Island and Elite Island. Recorded travel times from the location include five minutes to Mamzar Beach, 10 minutes to Al Mamzar Park, Dubai Creek and Dubai Frame, 15 minutes to Dubai International Airport and Dubai Festival City, and 20 minutes to Downtown Dubai, Burj Khalifa and Dubai Mall. The development is positioned within this island district rather than in a mainland Dubai neighbourhood.

Price and payment plan

Prices at 997 Residences start from AED 2,026,186. The stated payment plan is 60/40. A 20% down payment is due on booking, followed by 40% during construction and the remaining 40% on handover. The construction-stage portion is structured across the first to eighth instalments. This plan aligns the final 40% payment with 100% completion of the project. Buyers can select from homes spanning one-bedroom apartments through to the four-bedroom penthouse, with the starting price providing the entry point for the collection.

Construction status and handover

997 Residences is an active project with construction commencing on 15 July 2025. Its recorded completion ratio was 4.01% at the inspection dated 24 June 2026. The project completion date is 30 March 2028, which falls in Q1 2028. The development contains one building and 63 units. The scheduled handover period is Q1 2028, matching the recorded project completion date. REEF Luxury Developments is the developer of 997 Residences.

Frequent questions

Who is the developer of 997 Residences?
997 Residences is developed by REEF Luxury Developments.
Where is 997 Residences located?
997 Residences is located on Dubai Islands. Dubai International Airport is stated to be 15 minutes away, while Downtown Dubai and Dubai Mall are stated to be 20 minutes away.
What types of homes are available at 997 Residences?
The project includes one- and two-bedroom apartments, three-bedroom duplexes and one four-bedroom penthouse. There are 63 residences in total.
What are the apartment sizes at 997 Residences?
One-bedroom apartments range from 776 to 1,062 sq ft, and two-bedroom apartments range from 1,220 to 2,187 sq ft. Three-bedroom duplexes range from 2,492 to 2,550 sq ft, and the four-bedroom penthouse measures 6,022 sq ft.
What is the starting price at 997 Residences?
Prices start from AED 2,026,186.
What is the payment plan for 997 Residences?
The payment plan is 60/40: 20% on booking, 40% during construction and 40% on handover.
When is handover for 997 Residences?
Handover is scheduled for Q1 2028. The recorded completion date is 30 March 2028.
What is the construction status of 997 Residences?
The project is active. Its recorded construction completion ratio was 4.01% at the inspection dated 24 June 2026.
What amenities are planned at 997 Residences?
Amenities include an infinity pool, kids’ pool, jacuzzi, gym, yoga area, outdoor cinema, hammock forest area, barbecue area, kids’ playground and community vegetable garden.
How can I buy an apartment in 997 Residences?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

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