Reef Luxury Development · Dubai · United Arab Emirates
Reef 996
Availability and pricing checked 8 Oct 2026. Prices, sizes and counts describe the homes currently released for sale, not the development as a whole.
The essentials
- Available now from
- AED 780,224
- Available up to
- AED 2,923,848
- Layouts on offer
- Studio – 3 bed
- Available sizes
- 412 – 1,901 sqft (38.3 – 177 sqm)
- Service charge
- 16 AED/sqftCharged once a year — about AED 6,592 on the smallest published layout, 412 sqft
- Status
- under construction
- Construction started
- October 2025
- Build progress
- Not reported yet
- Furnishing
- yes
- Handover
- Q3 2028The developer’s scheduled end of construction — handover usually follows completion. No handover date has been announced.
- Buildings releasing now
- 1
- Escrow account
- Not published by the developer
Reef 996 is being built as apartments, in studio – 3 bed layouts.
Payment plan
10 / 40 / 50AED 78,022 is the booking amount — the reservation deposit, or down payment, that holds the lowest-priced home, then about AED 13,004 a month to handover.
Live availability
97 homes are still unsold — see the price list.
Get the developer’s own price list — unit number, floor, exact size, price and price per square foot for every one.
Arrives in about a minute. No phone call unless you ask for one.
Live availability
| Unit | Floor | Beds | Size | Price | Per sqft |
|---|
Availability moves daily. An advisor will confirm and can place a hold on your behalf.
What does your budget buy here?
Set a figure and we will match it against what is still available in this project.
Off-plan mortgages are arranged at handover, against the completed home.
The service charge starts at handover, not at purchase, and the first year is usually pro-rated from the day you collect the keys. In Dubai the budget behind it is filed with the Mollak system each year, so the rate is reviewed once the building is occupied and can move from the launch figure.
You will get the unit number, floor, size and exact price for each — not the whole building.
About this project
Reef Luxury Development
Project general facts
Reef 996 stands out with a modern architectural identity shaped by clean vertical lines, and an impressive integration of innovation into the building’s core design. Its structure seamlessly blends refined aesthetics with functional engineering, establishing a landmark presence defined by the world’s first Outdoor-Cooled Garden Lounges and patented Outdoor-Cooled Sunken Balconies — features that extend the living environment beyond the interior in every season.
The residence offers a versatile selection of homes, including studios, one-bedroom, two-bedroom, and three-bedroom apartments ranging from 400 to nearly 1,900 sq.ft. Each unit is thoughtfully designed to maximize space, natural light, and comfort, with high ceilings, panoramic windows, and elegant lines that create a serene indoor atmosphere. The integration of sunken balconies as cool, outdoor extensions enhances the functionality and beauty of every layout, delivering a lifestyle that harmonizes sophistication with everyday practicality.
A rich collection of amenities elevates the residential experience, centered around the world’s first Outdoor-Cooled Garden Lounges — exclusive outdoor spaces crafted for comfort even in Dubai’s peak summer months. The development features cinema areas, BBQ zones, yoga and Pilates studios, a fully equipped gym, CrossFit area, an infinity pool with cabanas and a Baja shelf, kids’ pool, basketball and cricket courts, wall climbing facilities, badminton/volleyball courts, a cornhole court, tennis/padel court, and expansive kids’ play areas. The range of activities supports wellness, leisure, recreation, and social living for residents of all ages.
The interiors reflect premium craftsmanship and contemporary elegance, enhanced with globally recognized brands. Kitchens are fitted with built-in appliances from Bosch, ensuring German precision and durability. Bathrooms feature high-quality fixtures by Grohe, offering refined comfort and advanced functionality. Windows and façade systems are crafted using premium aluminum solutions from Gutmann, highlighting durability and energy efficiency. Every residence is finished with meticulous detail, blending modern innovation with timeless luxury to create a sophisticated and comfortable living environment.
Location description and benefits
Dubai Production City, formerly known as International Media Production Zone (IMPZ), is a vibrant and specialized community located in Dubai. It is designed to cater to the needs of the media production industry, offering a range of services, facilities, and infrastructure to support the production of print, publishing, and media content.
Dubai Production City is strategically positioned to serve as a hub for media production and related activities. The community features state-of-the-art production studios, soundstages, and post-production facilities, providing a comprehensive ecosystem for the media industry. It is home to numerous media companies, publishing houses, and creative professionals who contribute to the development of diverse content.
The community of Dubai Production City is designed to foster creativity, collaboration, and innovation. It offers a range of amenities and services to support the needs of media professionals, including commercial spaces, offices, and retail outlets. The community also hosts events, workshops, and networking opportunities that encourage knowledge sharing, skill development, and industry growth.
Layouts
65
Studio
471 sqft
43.8 sqm
AED 796,157
456 – 462 sqft
42.3 – 42.9 sqm
AED 779,958 – AED 815,861
456 – 457 sqft
42.3 – 42.5 sqm
AED 746,666 – AED 817,403
456 – 462 sqft
42.3 – 42.9 sqm
AED 784,482 – AED 827,038
453 – 464 sqft
42.1 – 43.1 sqm
AED 768,194 – AED 797,254
411 – 420 sqft
38.2 – 39 sqm
AED 724,759 – AED 780,223
453 – 464 sqft
42.1 – 43.1 sqm
AED 768,194 – AED 813,852
453 – 456 sqft
42.1 – 42.4 sqm
AED 780,681 – AED 813,852
442 – 452 sqft
41.1 – 42 sqm
AED 699,566 – AED 803,288
456 sqft
42.4 sqm
AED 779,084
471 sqft
43.8 sqm
AED 837,344
420 sqft
39 sqm
AED 748,294
467 – 469 sqft
43.4 – 43.6 sqm
AED 795,476 – AED 857,694
412 – 420 sqft
38.3 – 39 sqm
AED 750,585 – AED 769,472
400 sqft
37.2 sqm
AED 751,086
456 sqft
42.4 sqm
AED 794,360
453 sqft
42.1 sqm
AED 812,886
456 – 462 sqft
42.3 – 42.9 sqm
AED 815,861 – AED 842,942
457 sqft
42.4 sqm
AED 817,403 – AED 833,122
452 sqft
42 sqm
AED 819,039 – AED 834,790
453 – 454 sqft
42.1 sqm
AED 789,975 – AED 837,573
453 sqft
42.1 sqm
AED 828,518
453 sqft
42.1 sqm
AED 829,503
467 – 469 sqft
43.4 – 43.6 sqm
AED 837,344 – AED 853,446
1 bed
799 – 809 sqft
74.2 – 75.2 sqm
AED 1,312,181 – AED 1,364,668
762 sqft
70.8 sqm
AED 1,213,683 – AED 1,262,192
691 – 699 sqft
64.2 – 64.9 sqm
AED 1,119,798 – AED 1,164,589
693 sqft
64.4 sqm
AED 1,153,756 – AED 1,201,177
762 sqft
70.8 sqm
AED 1,189,886 – AED 1,237,481
767 – 784 sqft
71.3 – 72.8 sqm
AED 1,196,074 – AED 1,265,504
809 sqft
75.2 sqm
AED 1,312,180
784 sqft
72.8 sqm
AED 1,222,269
809 sqft
75.2 sqm
AED 1,312,180
762 sqft
70.8 sqm
AED 1,189,886
477 – 784 sqft
44.3 – 72.8 sqm
AED 856,374 – AED 1,307,566
774 – 1,220 sqft
71.9 – 113 sqm
AED 1,086,914 – AED 3,229,399
767 sqft
71.3 sqm
AED 1,216,830
699 – 700 sqft
64.9 – 65 sqm
AED 1,135,024 – AED 1,212,492
884 sqft
82.2 sqm
AED 1,443,402
767 sqft
71.3 sqm
AED 1,241,167
767 sqft
71.3 sqm
AED 1,265,504
767 sqft
71.3 sqm
AED 1,289,840
784 sqft
72.9 sqm
AED 1,330,463
809 sqft
75.2 sqm
AED 1,364,668
809 sqft
75.2 sqm
AED 1,390,911
700 sqft
65 sqm
AED 1,160,861 – AED 1,183,186
2 bed
478 – 1,223 sqft
44.4 – 114 sqm
AED 857,008 – AED 3,238,176
1,045 – 1,063 sqft
97.1 – 98.8 sqm
AED 1,534,921 – AED 1,542,150
1,045 – 1,063 sqft
97.1 – 98.8 sqm
AED 1,565,018 – AED 1,572,993
1,063 sqft
98.8 sqm
AED 1,565,018
1,106 sqft
103 sqm
AED 1,791,463
477 sqft
44.3 sqm
AED 873,502
1,136 – 1,138 sqft
106 sqm
AED 1,544,906 – AED 1,626,243
1,219 sqft
113 sqm
AED 1,847,266
1,141 – 1,145 sqft
106 sqm
AED 1,659,998 – AED 1,788,005
1,274 sqft
118 sqm
AED 1,934,433
1,246 sqft
116 sqm
AED 1,847,915
478 – 1,063 sqft
44.4 – 98.8 sqm
AED 858,381 – AED 1,581,259
1,063 sqft
98.8 sqm
AED 1,568,612
1,180 sqft
110 sqm
AED 1,736,120
3 bed
1,899 sqft
176 sqm
AED 2,923,848
1,599 sqft
149 sqm
AED 2,470,103
1,901 sqft
177 sqm
AED 2,919,736
1,423 sqft
132 sqm
AED 2,068,327 – AED 2,099,226
1,370 – 1,376 sqft
127 – 128 sqm
AED 1,810,825 – AED 2,018,700
Amenities
19
Outdoor Cooled Garden Lounges
Cinema Area
BBQ Area
Yoga Studio
Gym
Looker Room
Pilates Studio
Crossfit Area
Baja Shelf & Cabana
Decking Area
Infinity Swimming Pool
Kids Pool
Basketball Court
Wall Clambing
Criket Pitch
Badminton & Volleyball Court
Kids Playing Area
Cornhole Court
Tennis & Padel Court
Gallery
12
Good to know
Straight answers from the developer's published terms, checked 8 Oct 2026.
What is the payment plan for Reef 996?
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4 Years Post Handover Payment Plan: 10% on booking, 40% during construction and 50% on handover, with the final tranche spread over 48 months after handover. 2 payment plans are offered in total.
How much is the booking amount for Reef 996?
+
10% of the purchase price falls due on booking — from AED 78,022 on the lowest-priced home. A bank or a broker may call the same figure the reservation deposit or the down payment; it is one and the same first instalment, and it is paid to the developer rather than to us.
When does Reef 996 hand over?
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Handover is scheduled for Q3 2028. Construction is 0.05% complete.
What do homes in Reef 996 cost?
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Homes currently available start from AED 780,224 and range up to AED 2,923,848 for Studio – 3 bed homes. These are the prices of the homes released for sale through our live feed today, not the launch prices — earlier and cheaper releases may have sold out.
How much does each bedroom size cost at Reef 996?
+
Published starting prices by layout are Studio from AED 699,566; 1 bed from AED 856,374; 2 bed from AED 857,008; 3 bed from AED 1,810,825. Those are the entry price for each size — floor, view and the exact layout move the figure, and the current price list carries the price of every remaining unit.
Is there a price list for Reef 996?
+
Yes. Ask for it on this page and the developer’s own price list is emailed to you — unit number, floor, exact size, price and price per square foot for every home still available. 97 homes were unsold at the last check on 8 Oct 2026.
Who is the developer of Reef 996?
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Reef 996 is developed by Reef Luxury Development in Dubai · United Arab Emirates.
What is the service charge at Reef 996?
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The published service charge at Reef 996 is 16 AED/sqft, billed once a year. On the smallest published layout, 412 sqft, that is roughly AED 6,592 a year. It starts at handover and the first year is usually pro-rated from the day you collect the keys. In Dubai the annual budget behind the charge is filed with the Mollak system, so the figure is reviewed each year once the building is occupied. Checked 8 Oct 2026.
Is my money protected when buying off-plan at Reef 996?
+
In the UAE an off-plan instalment is paid into the project’s escrow account rather than to the developer directly, and is released against construction progress the regulator has verified. No escrow account number has been published to us for Reef 996, which is not the same as there being none — an advisor can confirm the account with Reef Luxury Development before you pay anything.
How the money actually moves — escrow, the 50/50 split, post-handover terms and the fees nobody mentions: our guide to UAE off-plan payment plans.
More of the Reef series
Reef Luxury Development has 3 further releases selling under the same name — same developer and the same brief, at a different phase, price and handover date.
Reef 996 vs 77S Tower
The closest live alternative we hold — Business Bay rather than Dubai. Both are still selling, so the two sets of terms can be weighed against each other rather than against a memory.
- Available from
- AED 780,224
- AED 663,062
- Layouts on offer
- Studio – 3 bed
- 1 – 5 bed
- Handover
- Q3 2028
- Q4 2028
- District
- Dubai
- Business Bay
- Developer
- Reef Luxury Development
- 77 Shades of Green Real Estate Development L.L.C
- Payment plan
- 10 / 40 / 50
- 20 / 30 / 50
Figures are the developers' own published terms, checked 8 Oct 2026. A dash means the developer has not published that detail yet — an advisor can ask.
