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REEF LUXURY DEVELOPMENT L.L.C

Reef 1000

Under Construction · Date not reported|126 units · 1 building
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Reef 1000 is an under-construction development by REEF LUXURY DEVELOPMENT L.L.C in Dubai Land Residence Complex, comprising 126 registered units. 99 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,321 per sqft. At AED 1,321 per sqft, Reef 1000 prices 4% below the Dubai Land Residence Complex median of AED 1,370 per sqft on registered sales.

PIX© price · ↓9.6% YoY
1.12MAED
Typical
1,321AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
99
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor unknown
…

Land, Reef 1000

Size
Record
Jan 2018 to May 2024
Owners
2
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
2Owner 223 May 20242.3 yrs
Current owner
1Owner 117 Jan 20186.3 yrs
PIX© Airbnb Calculator

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Land · Reef 1000
Occupancy (237 nights)
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Reef 1000

Units

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

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
429 - 2,385 sqft
1261.12M1,321↓9.6%
Residential
Studio · Apartment
429 - 475 sqft
53
1 Bed · Apartment
745 - 1,042 sqft
44
2 Bed · Apartment
1,076 - 1,827 sqft
28
Commercial
Shop
2,385 sqft
1---
No rental contracts registered - the project has not handed over.
Sales - Project-Wide99 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
11 Aug 20262 BedReef 1000 · Floor 41,3382,116,2761,582-PremiumOff-Plan Sale
18 Jun 20261 BedReef 1000 · Floor R8581,249,5811,456-StandardOff-Plan Sale
10 Jun 20261 BedReef 1000 · Floor 39221,095,4811,188-Entry LevelOff-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.

Comparable projects in Dubai Land Residence Complex

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

Common questions about Reef 1000

Answered from Dubai Land Department registered transactions.

How much does a property in Reef 1000 cost?

Property in Reef 1000 sells at a current PIX© price of AED 1,321 per sqft, or about AED 1,121,428 for a typical unit, based on 99 sales registered with the Dubai Land Department.

When is Reef 1000 handing over?

Reef 1000 is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Reef 1000?

Reef 1000 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 1000?

Reef 1000 holds 126 registered units, per the Dubai Land Department unit register.

Have prices in Reef 1000 gone up or down?

Price per sqft has fallen -9.6% over the last 12 months, to AED 1,321, across 99 registered sales.