Reef 998
Data through 22 Oct 2026 · DLD project registry and registered sales · trailing 12 months Oct 2025 – Sep 2026 · rebuilt daily
Reef 998 is a project by Reef Luxury Development L.L.C, recorded at 2% complete at its last Dubai Land Department inspection. 200 sales registered in the trailing 12 months at a median AED 1.07M (1 557 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 200 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 | 2% — at the last DLD inspection | DLD verified |
| Registered with DLD | 28 May 2025 | DLD verified |
| Construction started | 1 Jun 2025 | DLD verified |
| Declared completion | 30 Jun 2028 — registry date, not a handover promise | DLD verified |
| Units in the project | 339 | DLD verified |
| Project area | 21 990 sqm | DLD verified |
| Escrow agent | Abu Dhabi Islamic Bank | DLD verified |
| Project number | 3651 | 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 Jul 2026: in the 2 months since, no month reached the five registered sales a median needs (4 in total) · Methodology v1.0 ↗
Construction, inspection by inspection
The DLD registry holds 4 technical inspections for this project, from 3 Apr 2025 at 0.0% to 27 Aug 2026 at 2.1%. Since 3 Apr 2025 the recorded percentage has moved 0.12 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 | 2.1% | +1.2 pp |
| 18 Jun 2026 | 0.8% | +0.6 pp |
| 10 Mar 2026 | 0.2% | +0.2 pp |
| 3 Apr 2025 | 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 |
|---|---|---|---|---|
| Jul 2026 | 26 | AED 1.07M | 1 583 | 1 483 – 1 709 |
| Jun 2026 | 7 | AED 1.37M | 1 385 | 1 378 – 1 448 |
| May 2026 | 10 | AED 1.29M | 1 528 | 1 399 – 1 594 |
| Apr 2026 | 13 | AED 764k | 1 597 | 1 412 – 1 644 |
| Mar 2026 | 14 | AED 1.32M | 1 503 | 1 429 – 1 652 |
| Feb 2026 | 26 | AED 1.01M | 1 522 | 1 493 – 1 684 |
| Jan 2026 | 26 | AED 985k | 1 538 | 1 513 – 1 698 |
| Dec 2025 | 21 | AED 1.10M | 1 489 | 1 433 – 1 649 |
| Nov 2025 | 26 | AED 1.08M | 1 581 | 1 437 – 1 685 |
| Oct 2025 | 26 | AED 1.07M | 1 657 | 1 463 – 1 699 |
| Sep 2025 | 31 | AED 858k | 1 648 | 1 467 – 1 699 |
| Aug 2025 | 28 | AED 954k | 1 603 | 1 471 – 1 699 |
| Jul 2025 | 18 | AED 1.06M | 1 565 | 1 463 – 1 691 |
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 |
|---|---|---|---|---|---|---|
| Studios | 57 | AED 759k | 1 714 | 411 sqft | — | — |
| 1-bedroom apartments | 82 | AED 1.07M | 1 546 | 671 sqft | — | — |
| 2-bedroom apartments | 46 | AED 1.43M | 1 417 | 1 004 sqft | — | — |
| 3-bedroom apartments low sample (13) | 13 | AED 1.88M | 1 346 | 1 397 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 | 127 | AED 1.06M | 1 546 | AED 143.60M |
| 2025 | 155 | AED 1.05M | 1 603 | AED 159.10M |
| 2024 | 1 | — | — | AED 24.00M |
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 |
|---|---|---|---|---|---|
| 8 Sep 2026 | Studio Flat — Reef 998 | Off-plan | 477 sqft | AED 829 826 | 1 741 |
| 13 Aug 2026 | 1 B/R Flat — Reef 998 | Off-plan | 671 sqft | AED 1 006 490 | 1 499 |
| 11 Aug 2026 | 1 B/R Flat — Reef 998 | Off-plan | 671 sqft | AED 1 078 923 | 1 607 |
| 10 Aug 2026 | 2 B/R Flat — Reef 998 | Off-plan | 1 002 sqft | AED 1 280 664 | 1 278 |
| 30 Jul 2026 | Studio Flat — Reef 998 | Off-plan | 478 sqft | AED 840 526 | 1 760 |
| 30 Jul 2026 | 1 B/R Flat — Reef 998 | Off-plan | 671 sqft | AED 1 059 463 | 1 578 |
| 29 Jul 2026 | Studio Flat — Reef 998 | Off-plan | 287 sqft | AED 510 000 | 1 779 |
| 27 Jul 2026 | 1 B/R Flat — Reef 998 | Off-plan | 623 sqft | AED 1 049 152 | 1 684 |
| 27 Jul 2026 | 2 B/R Flat — Reef 998 | Off-plan | 1 002 sqft | AED 1 436 044 | 1 433 |
| 23 Jul 2026 | Shop — Reef 998 | Off-plan | 658 sqft | AED 315 516 | — |
| 22 Jul 2026 | 1 B/R Flat — Reef 998 | Off-plan | 644 sqft | AED 1 095 627 | 1 702 |
| 22 Jul 2026 | 2 B/R Flat — Reef 998 | Off-plan | 1 002 sqft | AED 1 397 802 | 1 395 |
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
More projects in Dubai Land Residence Complex
For AI agents and researchers
Machine-readable mirrors of this page: Markdown · JSON · llms.txt. How to cite: “Reef 998 — Dubai Data, Continental Club Property, data through 22 Oct 2026, https://datadubai.ae/projects/reef-998/”. Reuse is permitted with attribution.
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