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Project profile

Reef 996 Project · Dubai Production City · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: Reef Luxury Development

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Registered salesLast 12 months
245
Median off-plan pricePer sq ft
AED 1,643
Construction progressDLD end date Sep 2028
0.1%

Data to 4 November 2026

Dubai Land Department lists the project as: Not started. In the last 12 months, Dubai Land Department registered 245 sales in Reef 996, worth AED 240.3M in total. The median off-plan price was 1,643 AED/sqft.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.

Abstract illustration, not an architectural rendering

A project, in progress.

Construction progress0.1%

Not started

Start
1 October 2025
DLD end date
30 September 2028
Units
505
Buildings
1

Launch and latest registrations.

Launch priceFirst 90 days from Dec 2025, 61 home sales
AED 1,606
After the first 90 days184 home sales
AED 1,657
ChangeSame home types, AED/sqft
+5.4%

Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.

Reef 996 registered prices, over time.

Median registered price, AED per sq ft

Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Off-plan (registered sales)
Dec 2025 1,531 AED/sqft 8 sales
Jan 2026 1,596 AED/sqft 26 sales
Feb 2026 1,619 AED/sqft 25 sales
Mar 2026 1,611 AED/sqft 18 sales
Apr 2026 1,537 AED/sqft 14 sales
May 2026 1,598 AED/sqft 16 sales
Jun 2026 1,648 AED/sqft 16 sales
Jul 2026 1,715 AED/sqft 49 sales
Aug 2026 1,668 AED/sqft 31 sales
Sep 2026 1,670 AED/sqft 33 sales
Oct 2026 1,673 AED/sqft 8 sales

What does each home type sell and rent for in Reef 996?

  • Apartment · Studio

    Median price, all sales
    AED 724.8K
    AED/sqft
    1,719
    Sales
    133

  • Apartment · 1 bed

    Median price, all sales
    AED 1.2M
    AED/sqft
    1,577
    Sales
    82

  • Apartment · 2 beds

    Median price, all sales
    AED 1.6M
    AED/sqft
    1,468
    Sales
    26

Last 12 months. Prices are medians of at least 5 registered sales, ready and off-plan together.

Service charges.

In the area report.

The Dubai Production City area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Dubai Production City area report

The latest registered sales in Reef 996.

  • 3 Nov 2026

    Apartment1 bedOff-plan781 sqft

    AED 1,241,1671,589 AED/sqft

  • 27 Oct 2026

    Apartment1 bedOff-plan760 sqft

    AED 1,237,4431,628 AED/sqft

  • 27 Oct 2026

    Apartment1 bedOff-plan691 sqft

    AED 1,089,6231,577 AED/sqft

  • 27 Oct 2026

    ApartmentStudioOff-plan469 sqft

    AED 795,4761,696 AED/sqft

  • 26 Oct 2026

    Apartment1 bedOff-plan798 sqft

    AED 1,335,2751,673 AED/sqft

  • 22 Oct 2026

    Apartment1 bedOff-plan691 sqft

    AED 1,160,8611,680 AED/sqft

  • 19 Oct 2026

    ApartmentStudioOff-plan410 sqft

    AED 732,3871,786 AED/sqft

  • 14 Oct 2026

    Apartment2 bedsOff-plan1,049 sqft

    AED 1,568,6121,495 AED/sqft

  • 5 Oct 2026

    ApartmentStudioOff-plan457 sqft

    AED 784,4821,717 AED/sqft

  • 30 Sep 2026

    Apartment3 bedsOff-plan1,442 sqft

    AED 2,099,2251,456 AED/sqft

Questions about Reef 996

What is the price per sq ft in Reef 996?

In the 12 months to 4 November 2026, the median registered off-plan sale price was 1,643 AED/sqft.

How many homes were sold in Reef 996 in the last 12 months?

In the last 12 months, Dubai Land Department registered 245 sales in Reef 996, worth AED 240.3M in total. The median off-plan price was 1,643 AED/sqft. Registered sales to 4 November 2026.

What is the status of Reef 996?

Dubai Land Department lists the project as: Not started.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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