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Reef 997
Reef 997Dubai Islands
2,030,000 AEDstarting
2,628 AED/ft²
Delivery Date: Q1 2028
10 units0%Available Now
Reef Luxury Development

Reef 997

Dubai Islands

1 - 2 BedsApartment

Launch price

2,030,000 AED

Payment Plan: 20/40/40
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Buildings
Dubai Islands
Reef 997
Reef Luxury Development

Reef 997

Dubai Islands

1 - 2 BedsApartment

Launch price

2,030,000 AED

Payment Plan: 20/40/40

Reef 997

Dubai Islands

by Reef Luxury Development

Booking
20%

Booking

Construction
40%

Construction

Handover
40%

Handover

Local Information

MapSchoolsShop & Eat
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Description

Reef 997 offers 51 apartments for sale in Dubai Islands, a low-rise building by Reef Luxury Development. The building features Ground plus two podiums and eight residential levels. It is scheduled for completion in March 2028. Reef 997 introduces patented outdoor cooled amenities, including sunken balconies and winter gardens. The development provides direct waterfront access and connectivity to Dubai's main roads. It is located approximately 15 minutes from Dubai International Airport and 20 minutes from Downtown Dubai.

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Price Analysis for Reef 997

Apartment

1 B/R

23 units
771 – 1,050 ft²
No market history available yet

Starting price

2.03M

2,628 /ft²

Current price

2.08M

2,628 /ft²

Every bedroom
priced differently.

All chartsLaunch curvesLive comparables

Price History for Reef 997

DatePriceTypeBeds
18 May 20262,189,700Apartment1 B/R771 ft²—2,840
18 May 20262,031,669Apartment1 B/R778 ft²—2,611
8 May 20262,167,285Apartment1 B/R834 ft²—2,599
26 Mar 20262,026,186Apartment1 B/R771 ft²—2,628
24 Mar 20262,184,591Apartment1 B/R778 ft²—2,808
16 Feb 20262,041,673Apartment1 B/R778 ft²—2,624
13 Feb 20262,109,896Apartment1 B/R834 ft²—2,530
6 Jan 20262,026,186Apartment1 B/R771 ft²—2,628
30 Dec 20252,184,591Apartment1 B/R778 ft²—2,808
15 Dec 20252,744,499Apartment1 B/R1,051 ft²—2,611
18 Nov 20252,026,186Apartment1 B/R771 ft²—2,628
13 Nov 20252,026,186Apartment1 B/R771 ft²—2,628
18 May 2026
2,189,700
1 B/RApartment

771 ft²

—

2,840

18 May 2026
2,031,669
1 B/RApartment

778 ft²

—

2,611

8 May 2026
2,167,285
1 B/RApartment

834 ft²

—

2,599

26 Mar 2026
2,026,186
1 B/RApartment

771 ft²

—

2,628

24 Mar 2026
2,184,591
1 B/RApartment

778 ft²

—

2,808

16 Feb 2026
2,041,673
1 B/RApartment

778 ft²

—

2,624

13 Feb 2026
2,109,896
1 B/RApartment

834 ft²

—

2,530

6 Jan 2026
2,026,186
1 B/RApartment

771 ft²

—

2,628

30 Dec 2025
2,184,591
1 B/RApartment

778 ft²

—

2,808

15 Dec 2025
2,744,499
1 B/RApartment

1,051 ft²

—

2,611

18 Nov 2025
2,026,186
1 B/RApartment

771 ft²

—

2,628

13 Nov 2025
2,026,186
1 B/RApartment

771 ft²

—

2,628

A little more context
changes the read.

All transactionsAll transactionsSales and RentalsBoth sales and rentalsPrice per ft²Full price per ft²

Showing 12 most recent sales transactions

What's Available for Reef 997

Unit #TypeBedsFromBuilt-upInt. AreaExt. AreaFloor

No units to display

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Price Trends

For units in Dubai Islands

Comparable Buildings in Dubai Islands

Assigned Schools

Affordability

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FAQ

Reef 997 offers a boutique collection of 63 residences, featuring one- to three-bedroom apartments, spacious duplexes, and a signature four-bedroom penthouse. Each unit is designed with the developer's patented climate-controlled sunken balconies and winter gardens.
The building features the world's first outdoor cooled amenities, designed to maintain comfort throughout the year. Facilities include an infinity swimming pool, a kids' pool, a jacuzzi, a hammock forest, an outdoor cinema, and a community vegetable garden.
The payment plan for Reef 997 is set at 60% during the construction phase and 40% upon handover. This structure is designed to align with the project's anticipated completion in the first quarter of 2028.
This development is situated on Dubai Islands, a freehold waterfront district off the coast of Deira. The location provides residents with access to coastal promenades and is positioned near major transport infrastructure connecting the islands to the mainland.
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Price Trends

For units in Dubai Islands

AED/ft²

Mean 1 B/R value
Reef 997: 2,628

AED/ft²

Mean value
Reef 997:

The full spread,
reveals the bias.

Every bedroom vs areaDeeper market contextLive benchmarks
Price trends provided by Dubai Land Department.

Comparable Buildings in Dubai Islands

BuildingPrice per ft²ConstructionHandoverDeveloper
Bay Residences 2Nakheel
2,493 AED/ft²
5.1%
36%
Q4 2026
Bay Residences 2
2,493 AED/ft²5.1%
36%
Q4 2026
Nakheel logo
Bay Grove Residences B2Nakheel
2,264 AED/ft²
13.9%
4%
Q1 2028
Bay Grove Residences B2
2,264 AED/ft²13.9%
4%
Q1 2028
Nakheel logo
Bay Residences 3Nakheel
2,519 AED/ft²
4.1%
36%
Q4 2026
Bay Residences 3
2,519 AED/ft²4.1%
36%
Q4 2026
Nakheel logo
Villa del ArteMr. Eight Development
2,862 AED/ft²
8.9%
0%
Q4 2027
Villa del Arte
2,862 AED/ft²8.9%
0%
Q4 2027
Mr. Eight Development logo
Bay Grove Residences B14Nakheel
2,396 AED/ft²
8.8%
0%
Q3 2028
Bay Grove Residences B14
2,396 AED/ft²8.8%
0%
Q3 2028
Nakheel logo

The strongest comps
sit beyond the first pass.

Every ranked comparableEvery ranked comparableDeeper yield dataDeeper yield dataCross-building contextCross-building context

Neighborhood Overview

Map showing Dubai Islands neighborhood outline
© Mapbox © OpenStreetMap · Improve this map
Dubai Islands
157 Buildings For You
Buy: AED 620K - 48.7M
YoY Price Change: +8.8%
Gross Yield: No rental data available yet
Neighborhood stats provided by Dubai Land Department.