Reef 998

P3 — Under Development Off-Plan Primary
Developer Reef Luxury Development L.L.C
Community Dubailand Residence Complex
Property type Apartment
Data updated Mar 26, 2026

Reef 998 is a Under Development development by Reef Luxury Development L.L.C in Dubailand Residence Complex. 221 units across 1 Bedroom (44%), Studio (36%), 2 Bedroom (14%). Over the trailing 12 months, 221 sales at a median of AED 1,032,734.

Key Metrics
Median Price
Value
AED 1,032,734
Transactions
Value
221
Change
221 in period
Price / sqft
Value
AED 1,577
Handover Status
Value
P3
Change
Under Development
Median Price
AED 1,032,734
Transactions
221
↑ 221 in period
Price / sqft
AED 1,577
Handover
P3
Under Development
Investment Analytics
Capital Return
Value
2.9%
Community avg
Holding Period
Value
5.4 yrs
Community avg
Ready Market Mix
Value
33.3%
Community avg
Capital Return
2.9%
Community avg
Holding Period
5.4 yrs
Community avg
Ready Market Mix
33.3%
Community avg

Rental Performance

Unit Mix

By bedroom type
Studio 80 units · 36%
1 Bedroom 97 units · 44%
2 Bedroom 32 units · 14%
3 Bedroom 12 units · 5%

Transaction Breakdown

All time — 221 transactions
Off-Plan Primary
221

Price History

Median Price — Reef 998

Median prices in Reef 998 have risen sharply, up 63% from AED 697K to AED 1.1M over the past 10 months.

Recent Transactions

Showing last 10 of 221
Date Type Price (AED) Size (sqft) AED/sqft
Mar 26, 2026 OP Primary 759,566 410 1,849
Mar 26, 2026 OP Primary 1,392,962 1,002 1,389
Mar 25, 2026 OP Primary 2,000,000 1,396 1,431
Mar 24, 2026 OP Primary 1,005,163 643 1,561
Mar 24, 2026 OP Primary 731,692 410 1,784
Mar 23, 2026 OP Primary 801,377 476 1,681
Mar 23, 2026 OP Primary 1,032,733 671 1,538
Mar 11, 2026 OP Primary 1,414,838 1,011 1,399
Mar 11, 2026 OP Primary 1,239,297 736 1,683
Mar 11, 2026 OP Primary 962,910 622 1,545

This project is in Dubailand Residence Complex

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