999 Residences By Reef Luxury Development
Data through 22 Oct 2026 · DLD project registry and registered sales · trailing 12 months Oct 2025 – Sep 2026 · rebuilt daily
999 Residences By Reef Luxury Development is a project by Reef Luxury Development L.L.C, recorded at 13% complete at its last Dubai Land Department inspection. 69 sales registered in the trailing 12 months at a median AED 1.40M (1 515 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.
Source: Registered DLD transactions · Data through 22 Oct 2026 · sample 69 records · outlier-trimmed median, complete months only · Methodology v1.0 ↗
What the DLD registry says about this project
| Field | Value | Provenance |
|---|---|---|
| Developer | Reef Luxury Development L.L.C | DLD verified |
| Status | Active | DLD verified |
| Construction progress | 13% — at the last DLD inspection | DLD verified |
| Registered with DLD | 7 Jan 2025 | DLD verified |
| Construction started | 1 Apr 2025 | DLD verified |
| Declared completion | 30 Jun 2027 — registry date, not a handover promise | DLD verified |
| Units in the project | 148 | DLD verified |
| Project area | 15 960 sqm | DLD verified |
| Escrow agent | First Abu Dhabi Bank P.J.S.C. | DLD verified |
| Project number | 3400 | DLD verified |
Source: DLD project registry (Mashrooi) · Data through 22 Oct 2026 · registry fields as recorded, not developer marketing · Methodology v1.0 ↗
Price per square foot, month by month
median interquartile range (middle 50% of transactions)
Source: Registered DLD transactions · Data through 22 Oct 2026 · monthly medians, months with fewer than 5 registered sales are left blank; the line stops at Feb 2026: in the 7 months since, no month reached the five registered sales a median needs (10 in total) · Methodology v1.0 ↗
Construction, inspection by inspection
The DLD registry holds 5 technical inspections for this project, from 14 Nov 2024 at 0.0% to 27 Aug 2026 at 13.2%. Over the inspections since 20 Mar 2025 it moved 0.77 percentage points a month. Inspections are irregular and the percentage is what was recorded at each one, not a live measure of the site.
each dot is one DLD technical inspection; the line between two of them is drawn, not measured; the dashed mark is the completion date declared in the registry
| Inspection | Recorded | Change |
|---|---|---|
| 27 Aug 2026 | 13.2% | +7.2 pp |
| 8 Jun 2026 | 6.0% | +4.4 pp |
| 10 Mar 2026 | 1.6% | +1.6 pp |
| 20 Mar 2025 | 0.0% | +0.0 pp |
| 14 Nov 2024 | 0.0% | — |
Source: DLD project registry (Mashrooi) — technical inspections · Data through 22 Oct 2026 · percentage as recorded at each inspection; inspections are irregular, and an unchanged value means no new inspection, not that work stopped · Methodology v1.0 ↗
The same figures as a table
| Month | Sales | Median price | Median AED/sqft | IQR AED/sqft |
|---|---|---|---|---|
| Feb 2026 | 8 | AED 1.39M | 1 547 | 1 494 – 1 605 |
| Jan 2026 | 14 | AED 1.40M | 1 603 | 1 537 – 1 608 |
| Dec 2025 | 16 | AED 1.97M | 1 520 | 1 415 – 1 585 |
| Nov 2025 | 5 | AED 1.16M | 1 479 | 1 479 – 1 483 |
| Oct 2025 | 16 | AED 1.31M | 1 480 | 1 429 – 1 585 |
| Sep 2025 | 9 | AED 1.18M | 1 504 | 1 495 – 1 534 |
| Aug 2025 | 14 | AED 1.18M | 1 479 | 1 474 – 1 505 |
| Jul 2025 | 7 | AED 1.39M | 1 595 | 1 494 – 1 609 |
| Jun 2025 | 10 | AED 1.22M | 1 506 | 1 493 – 1 530 |
| May 2025 | 11 | AED 1.18M | 1 501 | 1 495 – 1 507 |
| Apr 2025 | 7 | AED 1.16M | 1 478 | 1 463 – 1 527 |
| Mar 2025 | 3 | — | — | — |
| Feb 2025 | 6 | AED 1.18M | 1 506 | 1 505 – 1 518 |
Source: Registered DLD transactions · Data through 22 Oct 2026 · complete months only; the current month is excluded because DLD keeps registering it · Methodology v1.0 ↗
By number of bedrooms
| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| 1-bedroom apartments | 48 | AED 1.31M | 1 598 | 813 sqft | — | — |
| 2-bedroom apartments low sample (12) | 12 | AED 2.48M | 1 422 | 1 756 sqft | — | — |
| 3-bedroom apartments insufficient data | 4 | — | — | — | — | — |
| 4-bedroom apartments low sample (5) | 5 | AED 4.56M | 1 245 | 3 731 sqft | — | — |
Source: Registered DLD sales and Ejari rental contracts · Data through 22 Oct 2026 · yield shown only where at least 15 rents and 15 ready-home sales support it · Methodology v1.0 ↗
Registered sales by year
median interquartile range (middle 50% of transactions)
| Year | Sales | Median price | Median AED/sqft | Total registered value |
|---|---|---|---|---|
| 2026 | 32 | AED 1.40M | 1 602 | AED 55.63M |
| 2025 | 104 | AED 1.20M | 1 501 | AED 161.24M |
| 2024 | 1 | — | — | AED 28.00M |
| 2023 | 1 | — | — | AED 20.80M |
| 2014 | 1 | — | — | AED 8.37M |
Source: Registered DLD transactions · Data through 22 Oct 2026 · calendar years; the current year is partial · Methodology v1.0 ↗
Latest registered sales
| Date | Property | Registration | Size | Price | AED/sqft |
|---|---|---|---|---|---|
| 17 Sep 2026 | 1 B/R Flat — 999 Residences by Reef Luxury Development | Off-plan | 786 sqft | AED 1 264 309 | 1 609 |
| 18 Aug 2026 | 1 B/R Flat — 999 Residences by Reef Luxury Development | Off-plan | 872 sqft | AED 1 450 950 | 1 665 |
| 29 Jul 2026 | 2 B/R Flat — 999 Residences by Reef Luxury Development | Off-plan | 1 829 sqft | AED 2 643 767 | 1 445 |
| 24 Jul 2026 | 1 B/R Flat — 999 Residences by Reef Luxury Development | Off-plan | 781 sqft | AED 1 179 395 | 1 510 |
| 9 Jul 2026 | 1 B/R Flat — 999 Residences by Reef Luxury Development | Off-plan | 811 sqft | AED 1 350 000 | 1 665 |
| 18 May 2026 | 4 B/R Flat — 999 Residences by Reef Luxury Development | Off-plan | 3 731 sqft | AED 4 704 930 | 1 261 |
| 13 Apr 2026 | 1 B/R Flat — 999 Residences by Reef Luxury Development | Off-plan | 873 sqft | AED 1 417 804 | 1 625 |
| 9 Apr 2026 | 1 B/R Flat — 999 Residences by Reef Luxury Development | Off-plan | 873 sqft | AED 1 467 431 | 1 682 |
| 9 Apr 2026 | 1 B/R Flat — 999 Residences by Reef Luxury Development | Off-plan | 786 sqft | AED 1 123 583 | 1 430 |
| 30 Mar 2026 | 1 B/R Flat — 999 Residences by Reef Luxury Development | Off-plan | 785 sqft | AED 1 100 000 | 1 401 |
| 23 Feb 2026 | 1 B/R Flat — 999 Residences by Reef Luxury Development | Off-plan | 873 sqft | AED 1 425 505 | 1 634 |
| 23 Feb 2026 | 3 B/R Flat — 999 Residences by Reef Luxury Development | Off-plan | 1 984 sqft | AED 2 898 919 | 1 461 |
Source: Registered DLD transactions · Data through 22 Oct 2026 · individual registrations, shown exactly as recorded, without trimming · Methodology v1.0 ↗
What these numbers do not show
- Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
- Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
- A handover promise. The declared completion date is a registry field, not a commitment.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.
Where this project sits
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