REEF 998 by REEF Luxury Developments, developer's renderOff-plan · Freehold
Dubailand Residence Complex · Dubai

REEF 998

by REEF Luxury Developments · handover Q2 2028

AED 815Kstarting price today
AED 1,558registered per sq ft
211sales in 12 months
339units
Q2 2028Planned handover
REEF Luxury DevelopmentsDeveloper
339Units registered
Registered, not startedConstruction
FreeholdOwnership
3651DLD project number
About the project

REEF 998, in plain numbers.

REEF 998 is an off-plan commercial project by REEF Luxury Developments in Dubailand Residence Complex (Wadi Al Safa 5), Dubai. It is registered with the Dubai Land Department as project 3651, a 3b+g+3p+20+r commercial and residential building consist of studio+ balcony- 114 rooms,1 bedroom + balcony =133 rooms, 2 bedroom + balcony =57 rooms, 3 bedroom + balcony =19 rooms total of 323 rooms scheme, with works dated from June 2025. Handover is planned for Q2 2028. 339 units are registered, mostly one-bedroom homes of about 689 sq ft and Studio homes of about 431 sq ft. The register shows 283 sales since September 2025, 211 of them in the last twelve months, at a median of AED 1,558 per sq ft.

Our view
  • Entry price under AED 1.2M
  • 27% above ready resales in Wadi Al Safa 5 per sq ft
  • 211 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 998.

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
Studio114431 sq ft95AED 724,7371,699
1 bedroom133689 sq ft119AED 1,077,1341,530
2 bedrooms571,001 sq ft50AED 1,431,9391,425
3 bedrooms191,399 sq ft16AED 1,879,6361,346

Matched to the Land Department project Reef 998 (project no. 3651).

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 998 actually sells for.

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

AED 1,558median per sq ft, last 12 months
210sales registered in 12 months
283sales registered in total, since September 2025
+27%against ready homes in Wadi Al Safa 5 (AED 1,231 per sq ft)
1,3001,4001,5001,6001,7001,800 2025 Q2: AED 1,695 per sq ft, 5 sales2025 Q3: AED 1,603 per sq ft, 77 sales2025 Q4: AED 1,594 per sq ft, 73 sales2026 Q1: AED 1,530 per sq ft, 66 sales2026 Q2: AED 1,496 per sq ft, 30 sales2026 Q3: AED 1,583 per sq ft, 30 sales Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 0057773663030 sales
1,3001,4001,5001,6001,7001,800 2025 Q2: AED 1,695 per sq ft, 5 sales2025 Q3: AED 1,603 per sq ft, 77 sales2025 Q4: AED 1,594 per sq ft, 73 sales2026 Q1: AED 1,530 per sq ft, 66 sales2026 Q2: AED 1,496 per sq ft, 30 sales2026 Q3: AED 1,583 per sq ft, 30 sales Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 0057773663030 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
8 Sept 2026Studio477AED 829,8261,741Off-plan
13 Aug 20261 B/R671AED 1,006,4901,499Off-plan
11 Aug 20261 B/R671AED 1,078,9231,607Off-plan
10 Aug 20262 B/R1,002AED 1,280,6641,278Off-plan
30 Jul 20261 B/R671AED 1,059,4631,578Off-plan
30 Jul 2026Studio478AED 840,5261,760Off-plan
29 Jul 2026Studio287AED 510,0001,779Off-plan
27 Jul 20262 B/R1,002AED 1,436,0441,433Off-plan

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

Location

Where it is.

Dubailand Residence Complex, Dubai Land Residence Complex, 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 998 handed over?

The developer plans handover for Q2 2028. Launch dates can move, and we track the registered progress for you.

Who is the developer of REEF 998?

REEF Luxury Developments (registered as Reef Luxury Development L.L.C). The project is registered with the Dubai Land Department as number 3651.

What is the payment plan for REEF 998?

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 998?

Registered sales over the last 12 months have a median of AED 1,558 per sq ft, against about AED 1,231 for ready homes in Wadi Al Safa 5.

Can foreigners buy in REEF 998?

Yes. REEF 998 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 815KREEF Luxury Developments · Q2 2028