Reef 997 is an off-plan development by Reef Luxury Development in Dubai Islands, Dubai. It offers Apartment starting from AED 2,965,980, with expected handover Q1 2028. Payment plan: 1% on booking · 10% during construction · 40% on handover · 50% post-handover.
Prices, availability, payment plans and completion dates are subject to change by the developer. Contact us for the latest verified information.
Starting from
AED 2,965,980
Price Range
AED 2,965,980 – AED 7,178,682
Handover
Q1 2028
Payment plan
1% on booking · 10% during construction · 40% on handover · 50% post-handover
Reef 997 is an off-plan property investment in Dubai Islands, Dubai, UAE, developed by Reef Luxury Development. This apartment project is tracked by OffplanMarket.ae for investors and end-users seeking freehold opportunities with clear handover timelines. Prices start from AED 2,965,980. Expected handover is Q1 2028. Payment plan: 1% on booking · 10% during construction · 40% on handover · 50% post-handover. Available layouts include 1 Bedroom (1 061 sq.ft), 3 Bedrooms (2 536 sq.ft). Current sale status: On Sale. Construction status: Under Construction. Register your interest with OffplanMarket.ae for live unit availability, floor plans, and a tailored payment schedule for Reef 997.
Payment plan
Estimate your instalments
Enter a unit price to see amounts based on this project’s published payment schedule.
AED
Stage
%
Amount
On booking
1%
AED 29,660
During construction
10%
AED 296,598
On handover
40%
AED 1,186,392
Post-handover
50%
AED 1,482,990
Total
AED 2,995,640
Indicative only — confirm the live payment plan and unit price with an advisor before committing.
Who this listing may suit
Listing-derived notes from price, typology, and payment-plan text on this page — confirm with an advisor.
May suit
Buyers who want lower cash outlay before keys (post-handover schedule on listing)
End-users comparing larger layouts (townhouse/villa or 3+ beds on listing)
May not suit
Buyers who need a ready home immediately (this listing is marketed as off-plan)
Related buying guides
Process guides for payment plans, mortgages, visas, and costs. They do not confirm eligibility for this project.
Reef Luxury Development is a property developer active in the UAE off-plan market, with projects currently tracked on OffplanMarket.ae. Across our live catalog, Reef Luxury Development is represented by 3 off-plan projects in locations such as Dubai Islands, Downtown Dubai. Property types appearing in those listings include Apartment. Buyers should still compare payment plans, handover timing, and community context o
Reef 997 is listed from AED 2,965,980. Confirm live unit prices with OffplanMarket.ae before you book.
When is the expected handover for Reef 997?+
Expected handover for Reef 997 is Q1 2028. Timelines can change — verify the latest schedule before you commit.
What payment plan does Reef 997 offer?+
The tracked payment structure for Reef 997 is: 1% on booking · 10% during construction · 40% on handover · 50% post-handover. Confirm the live schedule before booking.
Where is Reef 997 located?+
Reef 997 is in Dubai Islands, Dubai / UAE. See the map on this page and the area guide for community context.
Who is developing Reef 997?+
Reef 997 is developed by Reef Luxury Development.
What bedroom layouts are available at Reef 997?+
Tracked layouts for Reef 997 include: 1, 3. Availability changes — confirm live units with our advisors.
What is the sale status of Reef 997?+
The listed sale status for Reef 997 is On Sale. Confirm live availability with OffplanMarket.ae.
What is the construction status of Reef 997?+
The tracked construction / readiness label for Reef 997 is Under Construction.
What service charge is listed for Reef 997?+
The service charge figure shown for Reef 997 is 25 AED/sqft. Verify current community fees before you buy.
Can non-residents buy Reef 997?+
Most Dubai freehold off-plan projects allow foreign ownership, but eligibility depends on the community and unit. OffplanMarket.ae can confirm whether Reef 997 fits your residency and financing situation.
How do I check availability for Reef 997?+
Message OffplanMarket.ae on WhatsApp or use Get availability on this page. We confirm live units, payment plans, and handover for Reef 997.
Prices, availability, payment plans and completion dates are subject to change by the developer. Contact us for the latest verified information.
Project details pending verification — contact us for the latest information.