Reef 998

Under Construction · Date not reported|339 units · 1 tower

Reef 998 is an under-construction development by REEF LUXURY DEVELOPMENT L.L.C in Dubai Land Residence Complex, comprising 339 registered units. 282 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,524 per sqft. At AED 1,524 per sqft, Reef 998 prices 11% above the Dubai Land Residence Complex median of AED 1,367 per sqft on registered sales.

PIX© price · ↓2.4% YoY

1.04MAED

Typical

1,524AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

282

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationDubai Land Residence Complex

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

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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 2

…

Select a unit to read its record.

Reef 9981,524AED/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	1,524	↓2.4%
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-Wide282 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

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
8 Sep 2026	Studio	Reef 998 · Floor 17	477	829,827	1,741	-	Standard	Off-Plan Sale
12 Aug 2026	1 Bed	Reef 998 · Floor 9	671	1,006,490	1,499	-	Entry Level	Off-Plan Sale
10 Aug 2026	1 Bed	Reef 998 · Floor 13	671	1,078,924	1,607	-	Standard	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

Terra Tower

PIX© PSF

1,599

Rank

#4 of 60

#3 of 60

Typical price

1.10M

Yield

—

Units

339

366

Sales

282

317

Rents

—

Developer

REEF LUXURY DEVELOPMENT L.L.C

DUGASTA PROPERTIES DEVELOPMENT L.L.C

Handover

U/C

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Empire Gardens EMPIRE GARDENS REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	221					103	—
	Wadi Hills WADI HILLS CITY REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	131					59	—
	Terra Tower DUGASTA PROPERTIES DEVELOPMENT L.L.C · U/C · Off-plan pricing	366					317	—
4	Reef 998 REEF LUXURY DEVELOPMENT L.L.C · U/C · Off-plan pricing	339	1,599	Subject	1.10M	—	282	—
	Cove Edition 6 by Imtiaz IMTIAZ COVE REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	264					263	—
	Le Blanc Residence by Imtiaz IMTIAZ COVE REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	323					294	—
	Samana Boulevard Heights SAMANA IFD HOLDING LIMITED · U/C · Off-plan pricing	541					504	—
	Cove Boulevard by Imtiaz IMTIAZ REAL ESTATE INVESTMENT & DEVELOPMENT L.L.C · U/C · Off-plan pricing	436					363	—
	Samana Parkville SAMANA IFD HOLDING LIMITED · U/C · Off-plan pricing	428					407	—
	Celesto Tower 2 TARRAD DEVELOPMENT L.L.C · Pre-launch · Off-plan pricing	231					65	—
	Cove Grand Imtiaz IMTIAZ COVE REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	538					526	—

Community median 1,367 AED/sqft. Showing the closest-ranked peers of 60 ranked projects in the community. 16 community projects excluded for insufficient recorded sales. 10 excluded for trading only in the ready market. 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.

Le Blanc Residence by ImtiazAED 1,526/sqft
Cove Edition 6 by ImtiazAED 1,544/sqft
Samana Boulevard HeightsAED 1,504/sqft
Cove Boulevard by ImtiazAED 1,497/sqft
Samana ParkvilleAED 1,494/sqft
Celesto Tower 2AED 1,477/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 1,524 per sqft, or about AED 1,038,073 for a typical unit, based on 282 sales registered with the Dubai Land Department.

When is Reef 998 handing over?

Reef 998 is under construction in the Dubai Land Department project register. No handover date is on record.

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 -2.4% over the last 12 months, to AED 1,524, across 282 registered sales.