How much does a property at Reef 997 cost?

Prices at Reef 997 start from 2,847,341 AED.

What layouts are available at Reef 997?

Reef 997 offers 1 BR, 2 BR, 3 BR homes.

Where is Reef 997 located?

Reef 997 is located in Dubai Islands.

Who is the developer of Reef 997?

Reef 997 is developed by Reef Luxury Developments.

When will Reef 997 be completed?

Handover at Reef 997 is expected in Q1 2028.

What are the terms of the 45/55 Payment Plan?

The 45/55 Payment Plan includes 20% on booking, 25% during construction, 55% on handover.

What are the terms of the Payment Plan with PHPP?

The Payment Plan with PHPP includes 20% on booking, 25% during construction, 5% on handover, 50% after handover.

What type of ownership does Reef 997 offer?

Reef 997 is offered on a freehold basis.

Back to Projects

On Sale

Reef 997 Apartments in Dubai Islands, Dubai

Reef Luxury Developments

from 2,847,341 to 6,891,535 AEDmin 26,335 max 29,253 AED/m²Last update 29 July 14:33

4.01% Completed

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REEF Luxury Developments is redefining beachfront living, introducing REEF 997 on Dubai Islands. A new benchmark in innovation and luxury, and the world’s first development to feature patented Outdoor Cooled Amenities. REEF 997 Features exclusive 63 residences, including elegant apartments, premium duplexes, and crown-jewel penthouse. Each home is enhanced with REEF’s globally patented Climate-Controlled Sunken Balconies and Winter Gardens, redefining private outdoor living…

Kids Play Area

Swimming Pool

Gym

Landscaped Gardens

BBQ Area

Yoga Space

Clubhouse

Cinema

Rooftop Terrace

Jacuzzi

Dubai IslandsDistrict in Dubai, United Arab Emirates

Dubai Islands is a new mega project in Dubai that will replicate the economic success of Palm Jumeirah. It consists of five new islands, with a master plan that includes 21 km of pristine beaches, 86 hotels, nine marinas, two golf courses, a huge shopping mall, and numerous parks with restaurants and shops. The area is ideal for both living and leisure, combining nature and the urban environment. It is the most promising location for investors.

News and Events

Promo for Brokers

New commission announced for all Reef Luxury Developments projects in Dubai

Reef Luxury Developments has introduced a new commission structure in Dubai: studios at 6% and 1,2&3 BR at 7% across all projects.

Reef Luxury DevelopmentsDeveloper

Launch

Reef 997 by Reef Luxury Developments Launches on Dubai Islands

Discover Reef 997, a new luxury residential project in Dubai Islands by Reef Luxury Developments, offering 1 to 3 bedroom apartments with a flexible 60/40 payment plan. Completion set for Q1 2028.

Reef Luxury DevelopmentsDeveloper

Presale

Reef 997 Launches Luxury Apartments on Dubai Islands with Attractive 60/40 Payment Plan

Reef Luxury Developments unveils Reef 997, a prestigious project on Dubai Islands featuring 1-4BR apartments and penthouses from 2M to 19.8M AED, ready by Q1 2028 with flexible 60/40 payment terms.

Reef Luxury DevelopmentsDeveloper

Photos

Property Ownership

Ownership TypeFreehold

Developer Info

Reef Luxury DevelopmentsDeveloper

BankFirst Abu Dhabi Bank P.J.S.C.

Escrow number1011226141046010

Websitehttps://reefdevelopments.ae

Service charge269 AED/m²

At Reef Developments, we are a pioneering developer in Dubai focused on transforming living spaces through innovative and practical solutions. Our commitment to delivering exceptional quality and meticulous attention to detail ensures that every project is completed on time, elevating the real estate experience to new standards.