Reef 998

Under Construction · Due Q2 2028|339 units · 1 building

Alerts: Get notified of every new DLD-registered sale and rental contract.

Reef 998 is an under-construction apartment development by REEF LUXURY DEVELOPMENT L.L.C in Dubai Land Residence Complex, Wadi Al Safa 5, comprising 339 registered units. 281 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,535 per sqft. At AED 1,535 per sqft, Reef 998 prices 14% above the Dubai Land Residence Complex average of AED 1,344 per sqft on registered sales.

PIX© price · ↓1.6% YoY

1.04MAED

Typical

1,535AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

281

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationDubai Land Residence Complex in Wadi Al Safa 5

Drive times · typical

Downtown Dubai20 min · 18.8 km

DXB Airport20 min · 23.0 km

DIFC23 min · 21.2 km

Dubai Marina32 min · 36.1 km

Palm Jumeirah35 min · 37.9 km

Nearest · straight-line

Metro stationCreek Metro Station13.7 km

MallMK Plaza1 km

SchoolMom Hadan0.3 km

HospitalWADI AL SAFA MEDICAL CENTER-DUBAILAND0.1 km

OPEN IN GOOGLE MAPS →

Reef 9981,535AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY
PIX© Core Project-Wide 281 – 1,437 sqft	339	1.04M	1,535	↓1.6%
Residential
Studio · Apartment 410 – 478 sqft	114
1 Bed · Apartment 623 – 793 sqft	133
2 Bed · Apartment 1,002 – 1,011 sqft	57
3 Bed · Apartment 1,397 sqft	19
Commercial
Shop 281 – 1,437 sqft	16			—

No rental contracts registered — the project has not handed over.

Sales — Project-Wide281 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Floor Analysis

last 24 months

Floors	Median PSF
All floors	279 sales
Floors 2-12	156 sales
Floors 13-20	123 sales

Median PSF · 279 sales

Floors 2-12 · 156 sales

Floors 13-20 · 123 sales

Latest transactions

Date	Unit	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
12 Aug 2026	1 Bed	Floor 9	671	1,006,490	1,499	—	Entry Level	Off-Plan Sale
10 Aug 2026	1 Bed	Floor 13	671	1,078,924	1,607	—	Premium	Off-Plan Sale
7 Aug 2026	2 Bed	Floor 5	1,002	1,280,664	1,278	—	Entry Level	Off-Plan Sale

Rentals — Project-Wide

PIX© rent analysis

No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Reef 998

Compared with

Wadi Hills by HRE

PIX© PSF

1,596

Rank

#3 of 59

#2 of 59

Typical price

1.08M

Yield

—

Units

339

131

Sales

281

Rents

—

Developer

REEF LUXURY DEVELOPMENT L.L.C

WADI HILLS CITY REAL ESTATE DEVELOPMENT L.L.C

Handover

Due 2028

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Terra Tower DUGASTA PROPERTIES DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	366					306	—
	Wadi Hills by HRE WADI HILLS CITY REAL ESTATE DEVELOPMENT L.L.C · Due 2028 · Off-plan pricing	131					59	—
3	Reef 998 REEF LUXURY DEVELOPMENT L.L.C · Due 2028 · Off-plan pricing	339	1,596	Subject	1.08M	—	281	—
	Peace Lagoons by Peace Homes PEACE HOMES DEVELOPMENT L.L.C · Due 2028 · Off-plan pricing	1,000					793	—
	Cove Edition Residence 6 By Imtiaz IMTIAZ COVE REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	264					262	—
	Samana Boulevard Heights SAMANA INTERNATIONAL REAL ESTATE DEVELOPMENT L.L.C · Due 2028 · Off-plan pricing	541					488	—
	Cove Boulevard By Imtiaz IMTIAZ REAL ESTATE INVESTMENT & DEVELOPMENT L.L.C · Due 2028 · Off-plan pricing	436					363	—
	Samana Parkville SAMANA SIGNATURE REAL ESTATE DEVELOPMENTS L.L.C · Due 2028 · Off-plan pricing	428					403	—
	Cove Grand Residence by Imtiaz IMTIAZ COVE REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	538					522	—
	Peace Lagoons 2 by Peace Homes PEACE HOMES DEVELOPMENT L.L.C · Due 2029 · Off-plan pricing	831					531	—
	Floarea Oasis MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C · Due 2028 · Off-plan pricing	257					218	—

Community median 1,313 AED/sqft. Showing the closest-ranked peers of 59 ranked projects in the community. 24 community projects excluded for insufficient recorded sales. 10 excluded for trading only in the ready market. 1 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Dubai Land Residence Complex

The closest-priced registered projects in Dubai Land Residence Complex.

Reef 1000AED 1,535/sqft
ARLINGTON PARK By MAJIDAED 1,531/sqft
Peace Lagoons by Peace HomesAED 1,530/sqft
Terra TowerAED 1,526/sqft
Cove Grand Residence by ImtiazAED 1,558/sqft
Samana Boulevard HeightsAED 1,511/sqft

Common questions about Reef 998

Answered from Dubai Land Department registered transactions.

How much does a property in Reef 998 cost?

Property in Reef 998 sells at a current PIX© price of AED 1,535 per sqft, or about AED 1,044,144 for a typical unit, based on 281 sales registered with the Dubai Land Department.

When is Reef 998 handing over?

Reef 998 is under construction, due q2 2028.

Who is the developer of Reef 998?

Reef 998 is developed by REEF LUXURY DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Reef 998?

Reef 998 holds 339 registered units, per the Dubai Land Department unit register.

Have prices in Reef 998 gone up or down?

Price per sqft has fallen -1.6% over the last 12 months, to AED 1,535, across 281 registered sales.