Skip to content
Skyline IndexSkyline Index
EN

Project profile

Reef 998 Project · Dubai Land Residence Complex · prices, sales and rents

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

Developer: Reef Luxury Development

Share on WhatsApp (opens WhatsApp in a new tab)

Data to 4 November 2026

Registered sales
170
Last 12 months
Median off-plan price
AED 1,546
Per sq ft
Construction progress
2.1%
DLD end date Jun 2028

Dubai Land Department lists the project as under construction, 2.1% complete, with a DLD end date of 30 June 2028. In the last 12 months, Dubai Land Department registered 170 sales in Reef 998, worth AED 191.9M in total. The median off-plan price was 1,546 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 progress2.1%

Under construction

Start
1 June 2025
DLD end date
30 June 2028
Units
339
Buildings
1

DLD progress 2.1% (register read on 1 November 2026); 46% of the registered period (1 June 2025 to 30 June 2028) has passed. How this is worked out

Launch and latest registrations.

Launch price
AED 1,604
First 90 days from Jun 2025, 67 home sales
Last 12 months
AED 1,546
170 home sales
Change
+4.6%
Same home types, AED/sqft

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 998 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)
Jun 2025 1,695 AED/sqft 5 sales
Jul 2025 1,527 AED/sqft 18 sales
Aug 2025 1,604 AED/sqft 28 sales
Sep 2025 1,648 AED/sqft 31 sales
Oct 2025 1,647 AED/sqft 26 sales
Nov 2025 1,558 AED/sqft 26 sales
Dec 2025 1,490 AED/sqft 21 sales
Jan 2026 1,530 AED/sqft 26 sales
Feb 2026 1,517 AED/sqft 26 sales
Mar 2026 1,467 AED/sqft 14 sales
Apr 2026 1,596 AED/sqft 13 sales
May 2026 1,527 AED/sqft 9 sales
Jun 2026 1,385 AED/sqft 7 sales
Jul 2026 1,579 AED/sqft 26 sales
Aug 2026 — 3 sales
Sep 2026 — 1 sale
Oct 2026 — 1 sale

What does each home type sell and rent for in Reef 998?

  • Apartment · Studio

    Median price, all sales
    AED 759.6K
    AED/sqft
    1,740
    Sales
    45

  • Apartment · 1 bed

    Median price, all sales
    AED 1.1M
    AED/sqft
    1,558
    Sales
    71

  • Apartment · 2 beds

    Median price, all sales
    AED 1.4M
    AED/sqft
    1,413
    Sales
    43

  • Apartment · 3 beds

    Median price, all sales
    AED 2M
    AED/sqft
    1,432
    Sales
    11

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 Land Residence Complex 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 Land Residence Complex area report

The latest registered sales in Reef 998.

  • 19 Oct 2026

    Apartment1 bedOff-plan644 sqft

    AED 1,062,1141,649 AED/sqft

  • 8 Sep 2026

    ApartmentStudioOff-plan477 sqft

    AED 829,8261,740 AED/sqft

  • 13 Aug 2026

    Apartment1 bedOff-plan671 sqft

    AED 1,006,4901,500 AED/sqft

  • 11 Aug 2026

    Apartment1 bedOff-plan671 sqft

    AED 1,078,9231,608 AED/sqft

  • 10 Aug 2026

    Apartment2 bedsOff-plan1,002 sqft

    AED 1,280,6641,278 AED/sqft

  • 30 Jul 2026

    Apartment1 bedOff-plan671 sqft

    AED 1,059,4631,579 AED/sqft

  • 30 Jul 2026

    ApartmentStudioOff-plan478 sqft

    AED 840,5261,758 AED/sqft

  • 29 Jul 2026

    ApartmentStudioOff-plan287 sqft

    AED 510,0001,777 AED/sqft

  • 27 Jul 2026

    Apartment2 bedsOff-plan1,002 sqft

    AED 1,436,0441,433 AED/sqft

  • 27 Jul 2026

    Apartment1 bedOff-plan623 sqft

    AED 1,049,1521,684 AED/sqft

Questions about Reef 998

What is the price per sq ft in Reef 998?

In the 12 months to 4 November 2026, the median registered off-plan sale price was 1,546 AED/sqft.

How many homes were sold in Reef 998 in the last 12 months?

In the last 12 months, Dubai Land Department registered 170 sales in Reef 998, worth AED 191.9M in total. The median off-plan price was 1,546 AED/sqft. Registered sales to 4 November 2026.

When is Reef 998 due to be completed?

Dubai Land Department lists the project as under construction, 2.1% complete, with a DLD end date of 30 June 2028. An end date is the date in the DLD register, not a handover forecast.

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.

Developer's image · REEF Luxury Developments

To buy or rent

Looking to buy or rent in Reef 998?

Leave your details and partner agents who work in Reef 998 can send you homes for sale or rent that match what you are looking for.

Privacy notice