997 Residences by Reef Luxury Development
Pre-LaunchDeveloperREEF LUXURY DEVELOPMENT L.L.C
CommunityPalm Deira
AreaPalm Deira
Started
6 months ago15-07-2025
Handover
In 2 years 2 months30-03-2028
Status
0% BuiltIn Progress
Project Description
G+2P+8 Residential Building Consist of 1 Bedroom with Balcony =23 Rooms, 2 Bedroom with Balcony =36 Rooms, 3 Bedroom with Balcony =3 Rooms + 4 Bedroom with Balcony = 1 Room Total of 63 Rooms
Performance Alpha
Developer Sales: Last 90Dvs Last 12M Baseline
Stable0%
GrowthCurrent:AED 2,627/sqft
Last 12M:AED 2,627/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DPalm Deira
Premium+5%
Above AvgProject:AED 2,627/sqft
Community:AED 2,504/sqft
Layouts & Units (63)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 2-7 | Inventory 23units 5 layouts · Typically 1 parking 15-32 sqm balcony | Size Range 771-1,051sqft | Price Range AED 2.0M - AED 2.7M | Avg PSF 2,660 | Sales 5 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-7 | Inventory 36units 12 layouts · Typically 1 parking 24-93 sqm balcony | Size Range 1,216-2,164sqft | Price Range AED 3.0M - AED 3.0M | Avg PSF 2,461 | Sales 1 | Trend — | |
Asset Class 3 Bed FlatPodium | Inventory 3units 3 layouts · Typically 1 parking 48-57 sqm balcony | Size Range 2,491-2,549sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class 4 Bed FlatFloor 8 | Inventory 1units Typically 1 parking ~262 sqm balcony | Size Range 6,262-6,262sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 25,844-25,844sqft | Price Range — | Avg PSF 1,064 | Sales 0 | Trend — |
Grouped into 5 asset classes covering 63 units