Reef Luxury Development · Dubailand Residence Complex · Dubai · United Arab Emirates
Reef 998
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 815,462
- Available up to
- AED 2,048,803
- Layouts on offer
- Studio – 3 bed
- Available sizes
- 477 – 1,397 sqft (44.3 – 130 sqm)
- Service charge
- 14–16 AED/sqftCharged once a year — about AED 6,678 – AED 7,632 on the smallest published layout, 477 sqft
- Status
- under construction
- Construction started
- June 2025
- Build progress
- 1% complete
- Furnishing
- only kitchen
- Handover
- Q2 2028
- Buildings releasing now
- 1
- Escrow account
- Registered
Reef 998 is being built as apartments, in studio – 3 bed layouts.
Payment plan
70 / 30AED 570,823 is the booking amount — the reservation deposit, or down payment, that holds the lowest-priced home, then about a month to handover.
Live availability
20 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 998 redefines city living with its exclusive Sunken Balcony concept featuring outdoor cooling, blending nature, comfort and innovation. This forward-thinking development offers smartly planned units with elegant finishes, where luxury meets value. With a building configuration designed to maximize space and light, Reef 998 is more than an investment — it is a lifestyle reimagined, offering residents a calm, connected community with direct access to key destinations.
Residents enjoy an exceptional array of over twenty lifestyle amenities designed to enrich every aspect of daily life. The first floor features an infinity swimming pool, kids' pool, kids' playground, jogging track, gym, outdoor cinema, zip line, BBQ area, yoga, co-working zone, crossfit, boxing, wall climbing, floating lounge, sunken seating, baja shelf, hammock forest area, and aqua gym. The roof floor adds cricket, padel court, squash court, skate park, multi-purpose court, and multiple seating areas. Every detail is crafted to inspire wellness, connection, and recreation.
Every apartment at Reef 998 is crafted with attention to detail, combining refined aesthetics with exceptional quality. Kitchens feature built-in appliances from Bosch, offering seamless performance and sleek German engineering. Bathrooms showcase sophisticated fittings from Grohe, a trusted name in premium sanitary ware. From high ceilings and expansive windows to carefully selected finishes and fixtures, each residence is a sanctuary of style, comfort, and practicality.
Location description and benefits
Nestled in Dubai Land Residence Complex, this exceptional location is gaining recognition for its investment potential with growing demand, proximity to landmarks including Dubai Silicon Oasis, Academic City, and the Dubai Metro extension, and a wealth of community amenities. Shopping, dining, fitness centers, and recreational facilities are all within reach, while schools, parks, and healthcare facilities make it a family-friendly destination.
The location is distinguished by its strategic connectivity to key destinations. IMG Worlds of Adventure, Global Village, Dubai Outlet Mall, Dubai Silicon Oasis, Desert Palm Polo Club, Dubai International Airport, Dubai Safari Park, Downtown Dubai, Meydan Racecourse, Dubai Mall, Burj Khalifa, Dubai Frame, Dubai Creek, Mall of the Emirates, Jebel Ali Racecourse, Dubai Marina, Jumeirah Islands, Palm Jumeirah, and Expo City Dubai are all within easy reach.
For those seeking a residence that embodies innovation, community connection, and a prime Dubai address, Dubai Land Residence Complex delivers an unmatched lifestyle. Its unique combination of affordable living, world-class amenities, and strategic connectivity makes it one of Dubai's most desirable destinations. This is a place where one can feel the luxury and live the innovation.
Layouts
21
Studio
478 sqft
44.4 sqm
AED 857,007
477 sqft
44.3 sqm
AED 856,374 – AED 873,501
477 sqft
44.3 sqm
AED 856,374 – AED 873,501
477 sqft
44.3 sqm
AED 856,374 – AED 873,501
477 sqft
44.3 sqm
AED 856,374
478 sqft
44.4 sqm
AED 858,381
478 sqft
44.4 sqm
AED 815,462 – AED 875,548
478 sqft
44.4 sqm
AED 858,381
412 sqft
38.3 sqm
AED 759,566
1 bed
672 – 774 sqft
62.4 – 71.9 sqm
AED 1,059,463 – AED 1,307,567
623 sqft
57.9 sqm
AED 1,049,572
645 sqft
59.9 sqm
AED 1,031,179 – AED 1,106,369
672 sqft
62.4 sqm
AED 1,059,463
798 sqft
74.2 sqm
AED 1,289,673 – AED 1,302,569
2 bed
1,005 sqft
93.4 sqm
AED 1,564,692
1,005 sqft
93.4 sqm
AED 1,564,692
469 sqft
43.6 sqm
AED 819,586
1,011 sqft
93.9 sqm
AED 1,571,128 – AED 1,573,646
1,002 sqft
93.1 sqm
AED 1,565,288 – AED 1,596,593
3 bed
1,397 sqft
130 sqm
AED 2,048,804
1,397 sqft
130 sqm
AED 2,006,188 – AED 2,048,803
Amenities
18
Infinity Swimming Pool
Kids Playing Area
Kids Pool
Outdoor Cinema
Skate Park
Hammock Forest Area
Zip Line
Jogging Track / Yoga
Bbq Area
Floating Seats
Co-Working Zone
Sunken Seating
Crossfit
Cornhole
Cricket
Padel Court
Squash Court
Aqua Gym
What’s nearby
6
Gallery
12
Good to know
Straight answers from the developer's published terms, checked 8 Oct 2026.
What is the payment plan for Reef 998?
+
30 Months Post Handover Payment Plan: 70% on booking, 0% during construction and 30% on handover. 2 payment plans are offered in total.
How much is the booking amount for Reef 998?
+
70% of the purchase price falls due on booking — from AED 570,823 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 998 hand over?
+
Handover is scheduled for Q2 2028. Construction is 0.83% complete.
What do homes in Reef 998 cost?
+
Homes currently available start from AED 815,462 and range up to AED 2,048,803 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 998?
+
Published starting prices by layout are Studio from AED 759,566; 1 bed from AED 1,031,179; 2 bed from AED 819,586; 3 bed from AED 2,006,188. 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 998?
+
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. 20 homes were unsold at the last check on 8 Oct 2026.
Who is the developer of Reef 998?
+
Reef 998 is developed by Reef Luxury Development in Dubailand Residence Complex · Dubai · United Arab Emirates.
What is the service charge at Reef 998?
+
The published service charge at Reef 998 is 14–16 AED/sqft, billed once a year. On the smallest published layout, 477 sqft, that is roughly AED 6,678 – AED 7,632 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 998?
+
Reef Luxury Development has registered an escrow account for Reef 998. 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. We do not publish the account number — your sale agreement and the developer’s own payment instructions carry it.
How the money actually moves — escrow, the 70/30 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 998 vs The WOW Tower
The closest live alternative we hold. Both are still selling, so the two sets of terms can be weighed against each other rather than against a memory.
- Available from
- AED 815,462
- AED 748,000
- Layouts on offer
- Studio – 3 bed
- Studio – 2 bed
- Handover
- Q2 2028
- Q3 2029
- District
- Dubailand Residence Complex
- Dubailand Residence Complex
- Developer
- Reef Luxury Development
- Mr. Eight Development
- Payment plan
- 70 / 30
- 20 / 30 / 10 / 40
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.
More in Dubailand Residence Complex
51 projects are selling in Dubailand Residence Complex — browse them all.
