Developer: Reef Luxury Development · DubaiLand Residence Complex

Reef 998

Reef 998 is a residential project by Reef Developments in DubaiLand Residence Complex, Dubai, with prices from AED 759 000, handover Q2 2028, construction 0.8% complete per the DLD registry, 339 units.

Price fromAED 759 000
HandoverQ2 2028
Construction0.8%
Units339

Layouts and sizes

TypeSize, sq.ft
Studio412
1 Bedroom623
2 Bedroom1 002
3 Bedroom1 397

Payment plan 70/30

The purchase price is split into these stages.

120%Down payment
280%During construction

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

Construction progress

0.83%
  • StatusActive
  • Construction started2025-06-01
  • HandoverQ2 2028
  • Status date18.06.2026
  • Escrow bankADIB
  • DLD project number3651

Data from the Dubai Land Department project registry (updated 19.08.2026 09:55).

Construction progress 10
18 June 2026 0.83%
Reef 998, DubaiLand Residence Complex construction progress — 18 June 2026, 0.83% complete, photo 1 of 3Reef 998, DubaiLand Residence Complex construction progress — 18 June 2026, 0.83% complete, photo 2 of 3Reef 998, DubaiLand Residence Complex construction progress — 18 June 2026, 0.83% complete, photo 3 of 3

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
13.08.20261 BR62.41 006 490
11.08.20261 BR62.41 078 923
10.08.20262 BR93.11 280 664
30.07.2026Studio44.4840 526
30.07.20261 BR62.41 059 463
29.07.2026Studio26.6510 000
27.07.20261 BR57.91 049 152
27.07.20262 BR93.11 436 044
23.07.202661.2315 516
22.07.20262 BR94.01 313 778
22.07.20261 BR59.81 095 627
22.07.20262 BR93.31 595 986
22.07.20262 BR93.11 397 802
14.07.20261 BR73.71 124 027
13.07.20262 BR94.01 605 119
13.07.20261 BR62.41 048 427
13.07.20263 BR129.82 048 803
13.07.20261 BR59.81 074 144
13.07.20261 BR62.41 059 463
13.07.20261 BR68.61 150 000

Dubai Land Department transaction registry, updated 2026-08-18. Explore Dubai property transactions →

Registered transactions in Reef 998

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

282deals since 2024
16 892AED per m², median
0%resale, the rest bought from the developer
-3%over the past year

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +3% over the same period, so the building lagged.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
Studio38724 73719 07294
1 bedroom621 077 13417 373119
2 bedrooms931 435 46915 43550
3 bedrooms1301 879 63614 45916

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

Amenities

  • Indoor Swimming Pool
  • Landscaped Gardens
  • CCTV Security
  • Gymnasium
  • Restaurants
  • Children's Play Area

What is nearby

  • Academic City5 мин
  • Burj Khalifa20 мин
  • Downtown Dubai20 мин
  • Dubai International Airport20 мин
  • Dubai Mall20 мин
  • Dubai Parks and Resorts25 мин
  • Dubai Safari Park15 мин
  • Global Village10 мин
  • IBN Battuta Mall25 мин
  • IMG World of Adventure5 мин
  • Jumeirah Islands25 мин

Places nearby

🌳 Silicon North Park · 3.3 km
Reef 998

About the project

Reef 998 is a commercial and residential development by Reef Developments in DubaiLand Residence Complex, within Wadi Al Safa 5. The project comprises 339 units and is scheduled for handover in Q2 2028. It is active, with completion recorded at 0.83% following an inspection dated 18 June 2026.

The project and building configuration

Reef 998 is planned as one commercial and residential building in DubaiLand Residence Complex. Its recorded configuration comprises three basement levels, a ground floor, three podium levels, 20 upper floors and a roof level. The project has 339 total units. The residential component includes studios and one-, two- and three-bedroom apartments, each recorded with a balcony. Reef 998 introduces climate-controlled sunken balconies as part of its residential design. The balcony concept combines an outdoor area with a climate-control system, forming a defining feature of the apartments. The project start date is recorded as 1 June 2025, while the completion date is 30 June 2028.

Apartment types and residential mix

The recorded apartment mix at Reef 998 consists of 114 studios, 133 one-bedroom apartments, 57 two-bedroom apartments and 19 three-bedroom apartments. Each of these apartment categories is specified with a balcony. This gives the project a residential offering across four unit types, from studios through to three-bedroom homes. The building also includes a commercial component within its recorded commercial and residential classification. Reef 998 has 339 total units across the development. Homes are positioned within a building planned with three podium levels above the ground floor, followed by 20 upper floors and a roof level.

Amenities and shared facilities

The planned facilities at Reef 998 include an infinity pool, aqua gym, gymnasium, jogging tracks and yoga and meditation spaces. Sports facilities include padel courts, squash courts and a cricket pitch. The amenity programme also includes children’s playgrounds and a children’s pool. Residents will have access to BBQ areas, co-working spaces and an outdoor cinema. These facilities combine fitness, sports, work and recreation areas within the project. The infinity pool, outdoor cinema, sports courts and gymnasium form part of the shared amenity offering, while the climate-controlled sunken balconies are incorporated into the individual residences.

DubaiLand Residence Complex location

Reef 998 is located in DubaiLand Residence Complex, a community within Wadi Al Safa 5 and part of the wider DubaiLand area. DRC West Park is 0.1 km from the project, while Liwan 2 Fitness Park is 0.8 km away and Liwan Playground is 0.9 km away. IMG Worlds of Adventure is 6.0 km from Reef 998, and Global Village is 7.8 km away. Ras Al Khor Wildlife Sanctuary is 11.1 km from the development. The Track Meydan Golf is 9.4 km away, while Dubai Hills Golf Club is 11.4 km away. Novo Cinema at IMG Worlds of Adventure is 6.0 km from the project.

Price and payment plan

Prices at Reef 998 start from AED 759,000. The payment plan is structured as 70/30, with a 20% down payment due on booking. A further 50% is payable during construction through instalments, bringing the construction-stage portion to 70%. The remaining 30% is payable through post-handover instalments. The scheduled handover period is Q2 2028, with the recorded project completion date set for 30 June 2028. This structure sets out payments from booking, through construction, and into the post-handover period.

Developer and construction status

Reef Developments is the developer of Reef 998. The project is active and has a recorded completion ratio of 0.83%, based on an inspection dated 18 June 2026. The recorded start date is 1 June 2025 and the recorded completion date is 30 June 2028. Reef 998 is a single-building development with 339 total units in DubaiLand Residence Complex. Its planned building form comprises three basement levels, a ground floor, three podium levels, 20 floors and a roof level. The development is marketed with a Q2 2028 handover schedule.

Frequent questions

Who is the developer of Reef 998?
Reef 998 is being developed by Reef Developments.
Where is Reef 998 located?
Reef 998 is located in DubaiLand Residence Complex, within Wadi Al Safa 5 in the wider DubaiLand area.
What is the starting price at Reef 998?
Prices at Reef 998 start from AED 759,000.
When is Reef 998 due for handover?
Reef 998 is scheduled for handover in Q2 2028. Its recorded completion date is 30 June 2028.
What is the Reef 998 payment plan?
The payment plan is 70/30: 20% on booking, 50% during construction and 30% through post-handover instalments.
What apartment types are available at Reef 998?
The project includes studios and one-, two- and three-bedroom apartments, each specified with a balcony.
How many units are in Reef 998?
Reef 998 has 339 total units. The recorded residential mix includes 114 studios, 133 one-bedroom, 57 two-bedroom and 19 three-bedroom apartments.
What amenities are planned at Reef 998?
Facilities include an infinity pool, aqua gym, gymnasium, padel courts, squash courts, cricket pitch, outdoor cinema, co-working spaces and children’s play areas.
What is the construction status of Reef 998?
Reef 998 is active, with completion recorded at 0.83% following an inspection dated 18 June 2026.
What is near Reef 998?
DRC West Park is 0.1 km away, IMG Worlds of Adventure is 6.0 km away and Global Village is 7.8 km away.
How can I buy an apartment in Reef 998?
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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