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Reef 998, Dubai Residence Complex

Reef 998 in Dubai Residence Complex, Dubai is an off-plan project from AED 740K, handover 29 Jun 2028, by Reef Luxury Development. Review Studio - 3 Bed across apartments, penthouses, Pre-handover schedule: 70%, Post-handover schedule: 30%, 15 floor-plan signals, amenities and comparable market evidence before requesting current availability.

Dubai Residence Complex, Dubai

From price

AED 740K

Bedrooms

Studio - 3 Bed

Size range

410 - 1,397 sqft

Handover

29 Jun 2028

Median PSF

AED 1,510

Advisor support

Get latest availability / payment plan

Confirm current prices, unit availability, incentives and payment terms before shortlisting.

Community Intelligence

Location and Nearby: Dubai Residence Complex

Community-level evidence for this project location.

Median sale

AED 2.3M

AED 1,512 / sqft

Recent sales

7,983

1,777 in 3m

Rental benchmark

AED 140K

AED 74 / sqft

Off-plan supply

3,046

tracked projects

About Reef 998

Reef 998 is tracked by PropertyStellar as an off-plan opportunity in Dubai Residence Complex, Dubai by Reef Luxury Development. This page combines project data, unit-type ranges, and community market evidence so investors can review the opportunity before requesting current availability. The visible unit mix covers Studio - 3 Bed across apartments, penthouses. Handover is listed for 29 Jun 2028.

Developer: Reef Luxury Development
Unit mix: Studio - 3 Bed across apartments, penthouses
Handover: 29 Jun 2028

Prices and Unit Types

Compare bedroom mix, size and price ranges. Floor-plan buttons appear only where an image is available.

6 unit typesplans available

Apartments

From AED 622K

Studio

Studio Apartments

Area

412 - 477 sqft

Price

AED 622K-860K

1 Bed

1BR Apartments

Area

623 - 798 sqft

Price

AED 850K-1.3M

2 Bed

2BR Apartments

Area

1,002 - 1,011 sqft

Price

AED 1.3M-1.6M

3 Bed

3BR Apartments

Area

1,397 sqft

Price

AED 1.8M-2.1M

Penthouses

From AED 788K

Studio

Studio Penthouses

Area

478 sqft

Price

AED 788K

1 Bed

1BR Penthouses

Area

672 sqft

Price

AED 1.0M

Payment Plan

Milestone% value
Pre-handover schedule
70%
Post-handover schedule
30%

Handover and Construction Status

Confirm handover and construction status before booking because developer release schedules and incentives can change.

Handover

29 Jun 2028

Launch

TBC

Construction status

Evidence pending

Last refreshed

16 Jun 2026

Dubai Land Department

Official Project Status

Checked against official DLD records using project, developer and location evidence.

Verified

DLD reference

#3651

Official status

Active

Completion

0.8%

Last inspection

22 Jun 2026

Registered developer

Reef Luxury Development L.L.C

Registration

28 May 2025

Escrow: Abu Dhabi Islamic Bank, 19429442

Last inspection: 22 Jun 2026

Community service charge

Dubai Residence Complex Service-Charge Benchmark

DLD Service Charge Index benchmark from official records available for this community.

Details

Median

AED 13.2/sqft/yr

Average

AED 12.4/sqft/yr

Range

AED 0.2/sqft/yr - 19.0/sqft/yr

Records reviewed

29

Service-charge recordYearAED/sqft
Desert Sun Tower - Dubai Land2026AED 19.0/sqft
K 1 - Dubai Land2026AED 19.0/sqft
Maya 2 - Dubai Land2026AED 17.8/sqft
J One Building - Dubai Land2026AED 16.8/sqft

Evidence

Comparable Project Evidence & Trends

Recent project evidence where available, with community benchmark evidence when direct project records are not strong enough yet.

Project-level evidence

Matched sales

484

484 in 12m

Matched median sale

--

-- / sqft

Latest verified sale

TBC

Project-level evidence

Community sales

7,983

1,777 in 3m

Community rent

AED 140K

AED 74 / sqft

Period trend series is not available for this community snapshot yet.

Recent Sales

DateBedsTypeSale
25 Jun 20262 BedapartmentAED 1.4M
25 Jun 20262 BedapartmentAED 1.4M
25 Jun 20261 BedapartmentAED 1.1M
18 Jun 20261 BedapartmentAED 982K
18 Jun 20261 BedapartmentAED 920K

Recent Rentals

DateBedsTypeRent
24 Jun 20261 BedapartmentAED 60K
22 Jun 20262 BedapartmentAED 61K
20 Jun 20263 BedapartmentAED 95K
19 Jun 20262 BedapartmentAED 70K
18 Jun 20262 BedapartmentAED 65K

Comparable Projects

Comparable projectFromEvidence

Peace Lagoons II by Peace Homes

Peace Homes Development

AED 749KDirect project evidence

Cove Boulevard by Imtiaz

Imtiaz Developments

AED 750KDirect project evidence

Wadi Hills

HRE Development

AED 731KDirect project evidence

Cove Edition Residence 1 by Imtiaz

Imtiaz Developments

AED 750KDirect project evidence

Cove Edition Residence 2 by Imtiaz

Imtiaz Developments

AED 750KDirect project evidence

Lifestyle & Amenities

Balcony or Terrace
Data detailscollapsed

Developer

Reef Luxury Development

Project reference

22001

DLD reference

3651

DLD status

Active

Service charge

AED 13.2/sqft/yr

Launch

TBC

Handover

29 Jun 2028

Last refreshed

16 Jun 2026

Transaction scope

Direct project evidence

Internal links

Similar Off-Plan Projects

Frequently asked questions

Off-Plan Project FAQ

What is the starting price of Reef 998?

Reef 998 starts from AED 740K based on the currently available off-plan records.

When is the handover date for Reef 998?

Reef 998 handover is listed for 29 Jun 2028.

Who is the developer of Reef 998?

Reef 998 is listed by Reef Luxury Development.

What unit types are available at Reef 998?

Reef 998 currently shows Studio - 3 Bed across apartments, penthouses.

What payment plan is offered for Reef 998?

Pre-handover schedule: 70%, Post-handover schedule: 30%

What amenities does Reef 998 offer?

Reef 998 amenities include Balcony or Terrace.

Is Reef 998 a good investment?

Review the price and payment plan against market evidence: median project PSF is AED 1,510, 484 verified sales rows, 7,983 community sales in 12 months, community rent benchmark AED 140K.

Where is Reef 998 located?

Reef 998 is located in Dubai Residence Complex, Dubai. Compare it with other off-plan projects in Dubai Residence Complex and the community intelligence page before shortlisting.

Are floor plans available for Reef 998?

Reef 998 currently has 15 floor-plan signals in the available records.

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