Reef 997 by Reef Luxury Development
Description
Reef 997 is a G + 2P + 8 floor development by Reef Luxury Development on Dubai Islands, with 1, 2 and 3.5-bedroom apartments and duplexes, a 30-month post-handover plan and handover in Q1 2028.
Key Facts
- Developer: Reef Luxury Development
- Location: Dubai Islands, Dubai
- Starting price: From AED NaN (Launched Jul 2025)
- Payment plan: 20/20/30/30
- Handover: Q1 2028
- Unit types: 1, 2 and 3.5-bedroom apartments and duplexes
- Furnishing: Kitchen appliances only
- Service charge: AED 25 per sq ft
- Ownership: Freehold, open to all nationalities
Unit Types
| Type | Size (sq ft) | Indicative price (AED) |
|---|---|---|
| 1 Bedroom Apartment | 1,061 sq ft | AED 2,965,980 |
| 2 Bedroom Apartments | 1,223 – 2,187 sq ft | AED 3,238,176 – 5,573,767 |
| 3.5 Bedroom Duplex | 2,536 sq ft | AED 7,178,682 |
Prices, sizes and availability are subject to change and confirmation by the developer.
Amenities
- Infinity Swimming Pool
- Decking Area
- Hammock Forest Area
- Vegetable Garden
- Gym
- Jacuzzi
- Kids Pool
- Baja Shelf
- Cabana
- BBQ Area
- Outdoor Cinema
- Kids Playground
- Yoga Area
Payment Plan
| Stage | Share |
|---|---|
| On booking | 20% |
| During construction (4 payments) | 20% |
| On handover | 30% |
| During 30 months post-handover (1% per month) | 30% |
The payment plan is indicative and may change. Ask our advisors for the current schedule.
Location
Dubai Islands is a master-planned waterfront archipelago off the Deira coast, with beaches, marinas, retail and dining, and quick access to Dubai International Airport and Downtown Dubai.
Why Buy at Reef 997
- Post-handover plan: 30% is paid monthly (1%) over 30 months after handover.
- Outdoor lifestyle: Infinity pool, cabanas, hammock forest, vegetable garden and outdoor cinema.
- Choice of layouts: 1 and 2-bedroom apartments plus a 3.5-bedroom duplex.
- Waterfront location: Dubai Islands offers beach access, marinas and a growing lifestyle district.
Frequently Asked Questions
What is the starting price of Reef 997?
Prices start from AED 2,965,980 for a 1-bedroom apartment.
What is the payment plan?
20% on booking, 20% during construction, 30% on handover and 30% over 30 months after handover.
When is handover?
Q1 2028.
Who is the developer?
Reef Luxury Development.
Are the units furnished?
Units are delivered with kitchen appliances only.
Register Your Interest
Share your details and an Osmium Properties advisor will confirm current availability, prices and the full payment plan.
To learn more about this project, please enquire with Osmium Properties. Our team will share the latest availability, payment plans and floor plans.
Address
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Address Dubai Islands, Dubai, United Arab Emirates
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Country United Arab Emirates
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Province/State Dubai
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City/Town Dubai
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Neighborhood Dubai Islands
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