997 Residences by Reef Luxury Development
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997 Residences by Reef Luxury Development is an under-construction apartment development by REEF LUXURY DEVELOPMENT L.L.C in Palm Deira, comprising 63 registered units. 19 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,463 per sqft. At AED 2,463 per sqft, 997 Residences by Reef Luxury Development prices 1% below the Palm Deira average of AED 2,496 per sqft on registered sales.
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 | Trend |
|---|---|---|---|---|---|
PIX© Core Project-Wide 771 – 6,262 sqft | 63 | 2.59M | 2,463 | — | |
1 Bed · Apartment 771 – 1,051 sqft | 23 | — | |||
2 Bed · Apartment 1,216 – 2,164 sqft | 36 | — | |||
3 Bed · Apartment 2,491 – 2,549 sqft | 3 | — | — | — | — |
4 Bed · Apartment 6,262 sqft | 1 | — | — | — | — |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 25 Jun 2026 | 2 Bed | Floor 6 | 1,222 | 2,885,317 | 2,360 | — | Standard | Off-Plan Sale |
| 22 Jun 2026 | 2 Bed | Floor 7 | 1,222 | 2,950,156 | 2,414 | — | Standard | Off-Plan Sale |
| 16 Jun 2026 | 1 Bed | Floor 5 | 778 | 1,878,340 | 2,414 | — | Entry Level | Off-Plan Sale |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Palm Deira
The closest-priced registered projects in Palm Deira.
- Beach Walk Grand By ImtiazAED 2,466/sqft
- Wynwood Residences By ImtiazAED 2,438/sqft
- Flora IsleAED 2,509/sqft
- Sea Legend One By Mvs Real EstateAED 2,515/sqft
- OCTA ISLE Interiors by MISSONIAED 2,534/sqft
- Luxury Canal ResidencesAED 2,384/sqft
Common questions about 997 Residences by Reef Luxury Development
Answered from Dubai Land Department registered transactions.
How much does a property in 997 Residences by Reef Luxury Development cost?
Property in 997 Residences by Reef Luxury Development sells at a current PIX© price of AED 2,463 per sqft, or about AED 2,592,100 for a typical unit, based on 19 sales registered with the Dubai Land Department.
When is 997 Residences by Reef Luxury Development handing over?
997 Residences by Reef Luxury Development is under construction, due q1 2028.
Who is the developer of 997 Residences by Reef Luxury Development?
997 Residences by Reef Luxury Development 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 997 Residences by Reef Luxury Development?
997 Residences by Reef Luxury Development holds 63 registered units, per the Dubai Land Department unit register.