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Reef 998
Dubai Land Residence Complex · DLD district Wadi Al Safa 5 Reef LuxuryDLD project 3651
Office and residential towers in Business Bay, Dubai. A general view of Dubai, not this projectPhoto: giggel, Wikimedia Commons, CC BY 3.0, resized and cropped
The short answer
Reef 998 is active on the DLD register, completion date 30 Jun 2028. It was 2.07% built at DLD’s inspection on 27 Aug 2026. Its 197 home sales over Oct 2025–Sep 2026 registered at a median AED 1.1m, AED 1,556 per sq ft.
Completion dateSourceDLD project registerWindowcompletion dateFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
30 Jun 2028
on the DLD register
BuiltSourceDLD project registerFigure% built at DLD’s latest inspectionDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
2.1%
DLD inspection, 27 Aug 2026
Median 1 BRSourceDLD registered salesWindowOct 2025–Sep 2026Based on82 salesFiguremedian price and median price per sq ft of home sales of this sizeDatasales to 5 Oct 2026How it is worked out
AED 1.1m
AED 1,546/sq ft · 82 sales
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on197 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026How it is worked out
AED 1.1m
197 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on199 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
199
+143% on Oct 2024–Sep 2025
Registered prices of 1-bedroom homes here, Oct 2025–Sep 2026
Lower quartile, median and upper quartile of 82 home sales; median size 672 sq ft.
The DLD project register
ActiveCompletion date on the DLD register: 30 Jun 2028
2.07% built at DLD’s inspection on 27 Aug 2026.
Started1 Jun 20252.1% builtinspection 27 Aug 2026Completion30 Jun 2028
Built, at DLD’s latest inspection2.07%
- DLD project number
- 3651
- Status
- Active
- Completion date
- 30 Jun 2028
- Start date
- 1 Jun 2025
- Registered
- 28 May 2025
- Developer
- Reef Luxury Development L.L.C · DLD developer 1944
- Escrow account bank
- Abu Dhabi Islamic Bank
- Units
- 339
- Buildings
- 1: Reef 998
Inspection history: 4 inspections on the register
| Inspection date | Built |
|---|---|
| 27 Aug 2026 | 2.07% |
| 18 Jun 2026 | 0.83% |
| 10 Mar 2026 | 0.19% |
| 3 Apr 2025 | 0% |
Source: Dubai Land Department project register, read 13 Oct 2026. The register’s own figures, shown as it lists them.
Developer’s reply: none yet. Reef Luxury can send a reply about these figures; replies are checked before they’re published and never change a number. How developers reply
Statement ID S-3651-H1 · DLD register read 13 Oct 2026
Home prices by size
registered home sales, Oct 2025–Sep 2026| Size | Sales | Median price | Median AED /sq ft | Median size, sq ft |
|---|---|---|---|---|
| Studio | 56 | AED 759k | 1,714 | 411 |
| 1 BR | 82 | AED 1.1m | 1,546 | 672 |
| 2 BR | 46 | AED 1.4m | 1,417 | 1,004 |
| 3 BR | 13 | AED 1.9m | 1,346 | 1,397 |
Medians of registered flat and villa sales with no data-quality flag; a size with fewer than 5 sales shows no median.
Check an asking price
use the size on the sale contractEnter the size and the asking price to compare them with registered sales.
The size starts at the median registered size for that size here; use the size on your sale contract. Fees as listed on DLD’s Property Sale Registration page. Compare with other projects in the price check
Price against launch
median price per sq ft, homes| Size | Launch | Sales | Latest | Sales | Change |
|---|---|---|---|---|---|
| Studio | AED 1,699 | 30 | AED 1,760 | 7 | +4% |
| 1 BR | AED 1,471 | 33 | AED 1,578 | 14 | +7% |
Launch: first 90 days of registered sales of off-plan homes, 23 Jun 2025 to 20 Sep 2025. Latest: every home sale of that size, Jul–Sep 2026. Shown only where both have at least 5 sales.
Latest registered sales
All recent sales| Date | Type | Sq ft | Price | AED /sq ft | vs area |
|---|---|---|---|---|---|
| 8 Sep 2026 | Flat · Studio Off-plan | 477 | AED 830k | 1,741 | +8% |
| 12 Aug 2026 | Flat · 1 BR Off-plan | 672 | AED 1.0m | 1,500 | +11% |
| 10 Aug 2026 | Flat · 1 BR Off-plan | 672 | AED 1.1m | 1,607 | +19% |
| 7 Aug 2026 | Flat · 2 BR Off-plan | 1,002 | AED 1.3m | 1,278 | +3% |
| 30 Jul 2026 | Flat · 1 BR Off-plan | 672 | AED 1.1m | 1,578 | +17% |
| 30 Jul 2026 | Flat · Studio Off-plan | 478 | AED 841k | 1,760 | +9% |
| 29 Jul 2026 | Flat · Studio Off-plan | 286 | AED 510k | 1,779 | +10% |
| 27 Jul 2026 | Flat · 2 BR Off-plan | 1,002 | AED 1.4m | 1,433 | +15% |
| 24 Jul 2026 | Flat · 1 BR Off-plan | 623 | AED 1.0m | 1,684 | +25% |
| 22 Jul 2026 | Shop Off-plan | 659 | AED 316k | — | — |
Every type of sale, newest first; DLD publishes no time of day. Price per sq ft for homes only. “vs area”: against the median for that size in Dubai Land Residence Complex, Oct 2025–Sep 2026.
Reef Luxury’s newest ads
None of Reef Luxury’s 8 running ads names Reef 998; these are the newest, from Meta’s Ad Library on 26 Oct 2026. Prices and claims in ads are the developer’s, not checked against DLD records.
A new benchmark in health-led living, the Longevity Hub brings advanced wellness therapies into an elevated experience, designed to support restoration, rejuvenation and long-term wellbeing. Discover Soon.
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While summer heat can leave outdoor spaces quiet, at REEF 997, the same summer afternoon looks completely different with it’s Patented Outdoor-Cooled Amenities. From creativity and connection to quiet moments of reflection, every space is designed to be experienced outdoors, all-year-round, making outdoor living more than just a seasonal privilege.
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REEF’s Globally Patented Outdoor-Cooled Sunken Balcony transforms a regular balcony into a space designed to enhance the human living experience. The outdoors becomes an extension of your home, designed for luxury living all-year-round.
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Dubai Land Residence Complex market insights
Registered with DLD under the district Wadi Al Safa 5, 2019 to 5 Oct 2026.
AED 1,393Sep 2026+57%on Oct 2023
Each point is the median price per square foot of the month’s registered home sales (flats and villas). A month with fewer than 10 home sales is left as a gap. Registered prices, not asking prices.
Most sold size
Studio
Share of the home sales over Oct 2025–Sep 2026 that recorded a bedroom count
Sales a year
11,657 sales2025+496%on 2019
Full years only, registered sales of every type. 6,168 sales in 2026 to 5 Oct.
Off-plan share
84% of the 9,246 sales over Oct 2025–Sep 2026 were registered as off-plan, DLD’s own registration type.
The full record
every figure behind the summarySales by year and by month
| Year | Sales | Off-plan | Ready | Value | Median home price | Median AED /sq ft |
|---|---|---|---|---|---|---|
| 2024 | 1 | 0 | 1 | AED 24.0m | — | — |
| 2025 | 155 | 155 | 0 | AED 159m | AED 1.0m | 1,603 |
| 2026 to 5 Oct | 126 | 126 | 0 | AED 143m | AED 1.1m | 1,544 |
Sales and value: registered sales of every property type since Jan 2019. Off-plan: DLD’s registration type; Ready: every other sale. Medians: home sales only, shown with 5 or more.
282sales registered, Jun 2024 to Sep 2026
Every registered sale, all property types.
Other projects in Dubai Land Residence Complex
9,246 sales were registered in Dubai Land Residence Complex over Oct 2025–Sep 2026, with homes at a median AED 1,408 per sq ft over Jul–Sep 2026.
| Project | Developer | DLD register | Sales, Oct 2025–Sep 2026 | Median home price |
|---|---|---|---|---|
| Samana Boulevard Heights | Samana | Due Dec 2028 | 511 | AED 797k |
| Cove Grand Residence by Imtiaz | Imtiaz | Due Dec 2027 | 371 | AED 763k |
| Rise by Athlon 1 | DHRE | Due Dec 2029 | 356 | AED 1.6m |
| Kensington Gardens | Leos | Due Sep 2027 | 323 | AED 957k |
| Rise by Athlon 2 | DHRE | Due Jan 2030 | 307 | AED 1.7m |
| Peace Lagoons Ii by Peace Homes | Peace Homes | Due Jan 2029 | 300 | AED 800k |
| Le Blanc Residence by Imtiaz | Imtiaz | Due Oct 2028 | 296 | AED 812k |
| Sky Courts | Sky Courts | Finished | 286 | AED 610k |
| Peace Lagoons by Peace Homes | Peace Homes | Due Sep 2028 | 226 | AED 1.0m |
| Cybele by Wadan | Wadan | Due Dec 2027 | 225 | AED 866k |
| Cove Edition Residence 6 by Imtiaz | Imtiaz | Due Sep 2027 | 206 | AED 746k |
| Seraph by Wadan | Wadan | Due Dec 2027 | 188 | AED 998k |
Median home price over Oct 2025–Sep 2026, shown with 5 or more home sales.
Other projects by Reef Luxury
| Project | Area | Completion date | Built | Sales, Oct 2025–Sep 2026 |
|---|---|---|---|---|
| Reef 996 | Dubai Production City | Sep 2028 | 0.1% | 236 |
| 999 Residences by Reef Luxury Development | Jabal Ali First | Jun 2027 | 13.2% | 69 |
| Reef 1000 | Dubai Land Residence Complex | Dec 2026 | 67.2% | 34 |
| 997 Residences by Reef Luxury Development | Palm Deira | Mar 2028 | 4.9% | 20 |
More from Reef Luxury
Every Reef Luxury projectDubai, general view
Reef 996
Dubai Production City · Reef Luxury
Due Sep 2028DLD register
Median home price, Oct 2025–Sep 2026AED 791k
Dubai, general view
999 Residences by Reef Luxury Development
Jabal Ali First · Reef Luxury
Due Jun 2027DLD register
Median home price, Oct 2025–Sep 2026AED 1.4m
Dubai, general view
Reef 1000
Dubai Land Residence Complex · Reef Luxury
Due Dec 2026DLD register
Median home price, Oct 2025–Sep 2026AED 1.4m
Dubai, general view
997 Residences by Reef Luxury Development
Palm Deira · Reef Luxury
Due Mar 2028DLD register
Median home price, Oct 2025–Sep 2026AED 2.2m
Photos: Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0); Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Towers in Business Bay by giggel (Wikimedia Commons, CC BY 3.0). Resized and cropped.
More projects in Dubai Land Residence Complex
Everything in Dubai Land Residence ComplexDubai, general view
Samana Boulevard Heights
Dubai Land Residence Complex · Samana
Due Dec 2028DLD register
Median home price, Oct 2025–Sep 2026AED 797k
Dubai, general view
Cove Grand Residence by Imtiaz
Dubai Land Residence Complex · Imtiaz
Due Dec 2027DLD register
Median home price, Oct 2025–Sep 2026AED 763k
Dubai, general view
Rise by Athlon 1
Dubai Land Residence Complex · DHRE
Due Dec 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.6m
Dubai, general view
Kensington Gardens
Dubai Land Residence Complex · Leos
Due Sep 2027DLD register
Median home price, Oct 2025–Sep 2026AED 957k
Dubai, general view
Rise by Athlon 2
Dubai Land Residence Complex · DHRE
Due Jan 2030DLD register
Median home price, Oct 2025–Sep 2026AED 1.7m
Dubai, general view
Peace Lagoons Ii by Peace Homes
Dubai Land Residence Complex · Peace Homes
Due Jan 2029DLD register
Median home price, Oct 2025–Sep 2026AED 800k
Photos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0). Resized and cropped.
Before you buy a home in Reef 998
About Reef 998
Reef 998 is a Reef Luxury project in Dubai Land Residence Complex, Dubai, registered with the Dubai Land Department as project 3651 by Reef Luxury Development L.L.C. The register lists it as active, with a completion date of 30 Jun 2028, 2.07% built at DLD’s inspection on 27 Aug 2026.
282 sales have been registered since Jan 2019, the first on 5 Jun 2024, 199 of them over Oct 2025–Sep 2026. Over those twelve months its 197 home sales registered at a median AED 1.1m. The sales include 1 land plot, left out of every price figure. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is 54th of the 137 projects with a registered sale in Dubai Land Residence Complex, and first of Reef Luxury’s 5.
Questions about Reef 998
When will Reef 998 be finished?
The DLD register lists a completion date of 30 Jun 2028. It was 2.07% built at DLD’s inspection on 27 Aug 2026. These are the register’s own figures, read 13 Oct 2026; we don’t forecast a finish.
Is Reef 998 finished?
No. The DLD register lists it as active, 2.07% built at the inspection on 27 Aug 2026.
What do homes in Reef 998 sell for?
Studio: a median AED 759k, AED 1,714 per sq ft, from 56 sales; 1 BR: a median AED 1.1m, AED 1,546 per sq ft, from 82 sales; 2 BR: a median AED 1.4m, AED 1,417 per sq ft, from 46 sales; 3 BR: a median AED 1.9m, AED 1,346 per sq ft, from 13 sales. Registered home sales over Oct 2025–Sep 2026, not asking prices.
How many sales has Reef 998 had?
282 sales registered with the Dubai Land Department since Jan 2019, 199 of them over Oct 2025–Sep 2026. The count includes 1 land plot, which are left out of every price figure.
Who is the developer of Reef 998?
The DLD register lists Reef Luxury Development L.L.C, DLD developer number 1944, which we group under Reef Luxury.
Where is Reef 998?
In Dubai Land Residence Complex, Dubai. The Dubai Land Department registers its sales under the district Wadi Al Safa 5. Homes there registered at a median AED 1,408 per sq ft over Jul–Sep 2026.
Which escrow account does DLD list for Reef 998?
The DLD project register lists an escrow account with Abu Dhabi Islamic Bank for Reef 998.
Cite this page
Reef 998, Dubai Land Residence Complex. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/reef-998
Sources: Dubai Land Department open data, registered sales to 5 Oct 2026, via Dubai Real Estate Data (CC BY 4.0), processed by Real Estate IQ; DLD project register, read 13 Oct 2026. Registered prices, not asking prices or valuations. How the figures are worked out.
Read next
GuideHow to check a Dubai off-plan project’s completion date
GuideAsking price or registered price: how to check a quote
TrackerActive projects on the DLD register, with their completion datesPhotos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Dubai Marina at night by Gfilip (Wikimedia Commons, CC BY-SA 4.0); Dubai skyline at dusk by imran shahabuddin (Wikimedia Commons, CC BY 2.0). Resized and cropped.