Developer Deal
Reef 1000
Reef Luxury DevelopmentsFrom
AED 1,463,280
Handover
Q4 2026
Payment Plan
60/40
Down Payment
20%
Back to Developer Deals
DLD Waiver
—
Discount
—
Handover
Q3 2028
Post Handover
—
Payment Plan
70%
30%
20% down
About Reef 996
The world’s first building featuring Outdoor-Cooled Garden Lounges! Where nature and technology come together to create a truly luxurious and refreshing lifestyle.
Project documents
Brochures
Not available yet
Payment schedule
3 Years Payment Plan
- Deposit
- 20%
- During construction
- 50%
- On handover
- 30%
Main
- Deposit
- 20%
- During construction
- 50%
- On handover
- 30%
- Post-handover
- 0%
Market Intelligence
Completed transactions in Dubai Production City (IMPZ)
Median sale price/sqft
AED 1,195/sqft+24%
Median sale price
AED 708,588
Gross rental yield
6%
Median annual rent
AED 42,646
Median price/sqft over time
Jan 24Range AED 1,046 – AED 1,276Dec 24
Community activity
LiquidityStrongPrice momentumRising
2,480 sales and 8,063 rentals in the last 12 months
Off-plan vs ready
Off-plan 52.9%Ready 47.1%
Primary vs resale
Primary 52.9%Resale 47.1%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-31 | Jannat | 1 | 766 sqft | AED 946,689 | 1,235 |
| 2024-12-31 | Jannat | 1 | 801 sqft | AED 978,449 | 1,221 |
| 2024-12-31 | Jannat | 2 | 1,162 sqft | AED 1,510,065 | 1,300 |
| 2024-12-31 | Jannat | 1 | 767 sqft | AED 940,850 | 1,227 |
| 2024-12-31 | Jannat | 1 | 801 sqft | AED 975,558 | 1,218 |
| 2024-12-31 | Jannat | 1 | 801 sqft | AED 975,557 | 1,218 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Reef 996
Our team will send you the complete payment schedule, floor plans and current offer from Reef Luxury Developments.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about Reef 996
- What is the handover date for Reef 996?
- Reef 996 is scheduled for handover in Q3 2028.
- What is the starting price of Reef 996?
- Prices start from AED 748,819. Contact our team for current availability.
- Who is the developer of Reef 996?
- Reef 996 is being developed by Reef Luxury Developments.
- Where is Reef 996 located?
- Reef 996 is located in .