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Reef Luxury Development · Dubai Islands

Reef 997

Apartment · Dubai Islands · Handover Q1 2028

At a glance

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

Beds

1 bed · 3 bed

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Reef 997 off-plan in Dubai Islands — photo 1

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Overview

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

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Enter a unit price to see amounts based on this project’s published payment schedule.

AED
Stage%Amount
On booking1%AED 29,660
During construction10%AED 296,598
On handover40%AED 1,186,392
Post-handover50%AED 1,482,990
TotalAED 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.

Details

Project name
Reef 997
Developer
Reef Luxury Development
Branded project
No
Construction status
Under Construction
Sale status
On Sale
Added on
Oct 3, 2025
Floors formula
G + 2P + 8floors
Handover
Q1 2028
Readiness progress
4.01%
Furnishing
Only kitchen
Service charge
25 AED/sqft
Total building area
81 955 sqft

Highlights

  • Off-plan apartment in Dubai Islands, Dubai
  • Developer: Reef Luxury Development
  • Target handover Q1 2028
  • Starting from AED 2,965,980
  • Payment plan: 1% on booking · 10% during construction · 40% on handover · 50% post-handover
  • Sale status: On Sale

Floor plans

Reef 997 — 1 Bedroom floor plan

1 Bedroom

1 · 1 061 sq.ft

AED 2,965,980

Reef 997 — 3 Bedrooms floor plan

3 Bedrooms

3 · 2 536 sq.ft

AED 7,178,682

Area — Dubai Islands

Location: Dubai Islands

Dubai Islands is a coastal master development in Dubai with 74 active off-plan projects currently tracked on OffplanMarket.ae.

Map marker uses the verified project location on file.

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Developer

Reef Luxury Development logo

Reef Luxury Development

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

Explore all Reef Luxury Development projects →

Other Reef Luxury Development projects

Reef 999 off-plan property in Al Furjan, Dubai
Al Furjan

Reef Luxury Development

Reef 999

Reef 999 is an off-plan apartment launch in Al Furjan, Dubai by Reef Luxury Development. Handover Q2 2027 · from AED 4,972,935.

From

AED 4,972,935

Handover

Q2 2027

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Frequently asked questions

What is the starting price of Reef 997?+

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.

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