Reef 996
The facts, verified
About the project
Project general facts Reef 996 stands out with a modern architectural identity shaped by clean vertical lines, and an impressive integration of innovation into the building’s core design. Its structure seamlessly blends refined aesthetics with functional engineering, establishing a landmark presence defined by the world’s first Outdoor-Cooled Garden Lounges and patented Outdoor-Cooled Sunken Balconies, features that extend the living environment beyond the interior in every season. The residence offers a versatile selection of homes, including studios, one-bedroom, two-bedroom, and three-bedroom apartments ranging from 400 to nearly 1,900 sq.ft. Each unit is thoughtfully designed to maximize space, natural light, and comfort, with high ceilings, panoramic windows, and elegant lines that create a serene indoor atmosphere. The integration of sunken balconies as cool, outdoor extensions enhances the functionality and beauty of every layout, delivering a lifestyle that harmonizes sophistication with everyday practicality. A rich collection of amenities elevates the residential experience, centered around the world’s first Outdoor-Cooled Garden Lounges, exclusive outdoor spaces craft
Amenities
Reef 996 payment plan
| Milestone | Share | On AED 780K |
|---|---|---|
| On booking | 10% | AED 78K |
| During construction | 40% | AED 312K |
| Within 4 years PH (1% monthly) | 50% | AED 390K |
Run your own numbers
Your purchase
| Milestone | When | Amount |
|---|---|---|
| Downpayment (10%) | On booking | AED 78,022 |
| During construction (90%) | ≈ AED 29,258 equivalent per month over 24 months | AED 702,202 |
| DLD fee (4%) | On booking | AED 31,209 |
| Admin / Oqood (est.) | On booking | AED 5,250 |
Reef 996 prices and unit mix
Project documents
Dubai Production City masterplan
Reef 996 location and connectivity
About Reef Luxury Development
All their projects →
As a visionary developer in Dubai, Reef Developments is dedicated to transforming living with innovative and practical solutions. Their commitment to provide exceptional value quality and meticulous attention to detail ensures timely delivery and elevates the real estate experience to new heights. They are motivated…
Schools within reach
Latest published inspection ratings, KHDA (Dubai) and ADEK (Abu Dhabi). Drive times approximate. Full school checker →
Questions investors ask about Reef 996
What is the starting price at Reef 996?
Reef 996 starts from AED 780K and runs to AED 2.92M, across 0 bedroom, 0 bedroom, 0 bedroom, 0 bedroom. Prices move with each release; the pack carries the current list.
What is the Reef 996 payment plan?
10% on booking, 40% during construction, 50% within 4 years ph (1% monthly), worked in dirhams on AED 780K in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
Where is Reef 996?
In Dubai Production City, Dubai. The Dubai Production City community guide on this site has the registered prices, rents and schools around it.
Is the project escrow-registered?
Escrow details are confirmed in the project pack, payments release to the developer only against certified construction progress.
What are the fees on top of the price?
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.