REEF 996 by REEF Luxury Developments, developer's renderOff-plan · Freehold
Dubai Production City · Dubai

REEF 996

by REEF Luxury Developments · handover Q3 2028

AED 784Kstarting price today
AED 1,643registered per sq ft
230sales in 12 months
505units
Q3 2028Planned handover
REEF Luxury DevelopmentsDeveloper
505Units registered
Registered, startingConstruction
FreeholdOwnership
4062DLD project number
About the project

REEF 996, in plain numbers.

REEF 996 is an off-plan residential project by REEF Luxury Developments in Dubai Production City (Me'Aisem First), Dubai. It is registered with the Dubai Land Department as project 4062, a g+3p+20 residential building consist of studio with balcony =285rooms, 1 bedroom with balcony =141 rooms, 2 bedroom with balcony =66 rooms + 3 bedroom with balcony = 20 rooms total of 512 rooms scheme, with works dated from October 2025. Handover is planned for Q3 2028. 505 units are registered, mostly Studio homes of about 441 sq ft and one-bedroom homes of about 743 sq ft. The register shows 231 sales since December 2025, 230 of them in the last twelve months, at a median of AED 1,643 per sq ft.

Our view
  • Entry price under AED 1.2M
  • 14% above ready resales in Me'Aisem First per sq ft
  • 230 registered off-plan sales in 12 months

Registered projects only. Every project we show is registered with the Dubai Land Department; payments go into a RERA-supervised escrow account in the developer's name.

Prices and units

What is in REEF 996.

Units by type from the Land Department's register, the prices they have sold at, and the developer’s price list on request.

TypeUnits in the projectTypical sizeRegistered sales, 2 yearsMedian priceAED / sq ft
Studio274441 sq ft126AED 720,7021,719
1 bedroom143743 sq ft77AED 1,163,9921,573
2 bedrooms661,119 sq ft24AED 1,553,2761,454
3 bedrooms221,615 sq ft3AED 2,111,7911,567

Matched to the Land Department project Reef 996 (project no. 4062).

Payment plan

How you pay.

The developer's payment plan is in the brochure pack.

Ask us and you receive the current plan, the price list and the floor plans on WhatsApp, usually the same day.

Send me the payment plan
From the Land Department register

What REEF 996 actually sells for.

Registered sale prices, not the developer's list prices.

AED 1,643median per sq ft, last 12 months
230sales registered in 12 months
231sales registered in total, since December 2025
+14%against ready homes in Me'Aisem First (AED 1,441 per sq ft)
1,4001,5001,6001,7001,8001,900 2025 Q4: AED 1,556 per sq ft, 8 sales2026 Q1: AED 1,620 per sq ft, 69 sales2026 Q2: AED 1,611 per sq ft, 46 sales2026 Q3: AED 1,675 per sq ft, 107 sales Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 000086946107 sales
1,4001,5001,6001,7001,8001,900 2025 Q4: AED 1,556 per sq ft, 8 sales2026 Q1: AED 1,620 per sq ft, 69 sales2026 Q2: AED 1,611 per sq ft, 46 sales2026 Q3: AED 1,675 per sq ft, 107 sales Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 000086946107 sales
Median registered price per square foot each quarter; the bars below count the sales. The shaded band holds the middle 60% of sales over the last 12 months.
Most recent registered sales
DateBedroomsSq ftPriceAED / sq ftStage
24 Sept 20261 B/R698AED 1,165,8581,670Off-plan
24 Sept 20261 B/R698AED 1,165,8581,670Off-plan
24 Sept 2026Studio412AED 734,9521,784Off-plan
22 Sept 2026Studio411AED 780,0201,900Off-plan
22 Sept 20262 B/R1,049AED 1,583,8361,510Off-plan
22 Sept 20261 B/R774AED 1,222,2691,579Off-plan
22 Sept 2026Studio412AED 765,3021,857Off-plan
21 Sept 20261 B/R774AED 1,260,0721,629Off-plan

Source: Dubai Land Department open data, matched by the registered project name. Unit numbers are never shown.

Location

Where it is.

Dubai Production City, International Media Production Zone, Dubai.

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Buying off-plan in Dubai

What it costs beyond the price.

  • Land Department registration (Oqood): 4% of the price, usually paid with the booking instalment, plus the developer's small registration fee.
  • No agency fee to you when you buy from the developer: the developer pays our commission.
  • Your payments go into the project's escrow account, released to the developer as construction is certified.
  • At handover: service charges start, and a mortgage can finance the final payment if the plan allows it.

General guidance; we confirm every fee for this project in writing before you reserve.

Good to know

Questions people ask.

When is REEF 996 handed over?

The developer plans handover for Q3 2028. Launch dates can move, and we track the registered progress for you.

Who is the developer of REEF 996?

REEF Luxury Developments (registered as Reef Luxury Development L.L.C). The project is registered with the Dubai Land Department as number 4062.

What is the payment plan for REEF 996?

The developer shares the current plan with the price list; message us and we send both, usually the same day.

What is the price per square foot in REEF 996?

Registered sales over the last 12 months have a median of AED 1,643 per sq ft, against about AED 1,441 for ready homes in Me'Aisem First.

Can foreigners buy in REEF 996?

Yes. REEF 996 is freehold, so buyers of any nationality can own the property outright, registered in their own name with the Land Department.

Is buying off-plan safe?

Payments for a registered off-plan project go into a RERA-supervised escrow account, and your purchase is registered with the Land Department (Oqood). We check the developer's completed projects and the registered sales before we recommend a project.

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From AED 784KREEF Luxury Developments · Q3 2028