Reef 998
The facts, verified
About the project
Project general facts Reef 998 redefines city living with its exclusive Sunken Balcony concept featuring outdoor cooling, blending nature, comfort and innovation. This forward-thinking development offers smartly planned units with elegant finishes, where luxury meets value. With a building configuration designed to maximize space and light, Reef 998 is more than an investment, it is a lifestyle reimagined, offering residents a calm, connected community with direct access to key destinations. Residents enjoy an exceptional array of over twenty lifestyle amenities designed to enrich every aspect of daily life. The first floor features an infinity swimming pool, kids' pool, kids' playground, jogging track, gym, outdoor cinema, zip line, BBQ area, yoga, co-working zone, crossfit, boxing, wall climbing, floating lounge, sunken seating, baja shelf, hammock forest area, and aqua gym. The roof floor adds cricket, padel court, squash court, skate park, multi-purpose court, and multiple seating areas. Every detail is crafted to inspire wellness, connection, and recreation. Every apartment at Reef 998 is crafted with attention to detail, combining refined aesthetics with exceptional qualit
Amenities
Reef 998 payment plan
| Milestone | Share | On AED 815K |
|---|---|---|
| During construction | 70% | AED 571K |
| Within 30 months PH (1% per month) | 30% | AED 245K |
Run your own numbers
Your purchase
| Milestone | When | Amount |
|---|---|---|
| Downpayment (70%) | On booking | AED 570,823 |
| During construction (30%) | ≈ AED 10,193 equivalent per month over 24 months | AED 244,639 |
| DLD fee (4%) | On booking | AED 32,618 |
| Admin / Oqood (est.) | On booking | AED 5,250 |
Reef 998 prices and unit mix
Project documents
Dubailand Residence Complex masterplan
Reef 998 location and connectivity
- GEMS First Point School, The Villa2.4 km
- Oasis Mall22.4 km
- Nad Al Sheba Park12.1 km
- Jumeira Public Beach24 km
- Dubai International Airport24.5 km
About Reef Luxury Development
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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…
Questions investors ask about Reef 998
What is the starting price at Reef 998?
Reef 998 starts from AED 815K and runs to AED 1.60M, across 0 bedroom, 0 bedroom, 0 bedroom, 0 bedroom. Prices move with each release; the pack carries the current list.
What is the Reef 998 payment plan?
70% during construction, 30% within 30 months ph (1% per month), worked in dirhams on AED 815K 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.
When is Reef 998 handover?
Reef Luxury Development lists handover for Q2 2028, with the project currently under construction. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
Where is Reef 998?
In Dubailand Residence Complex, Dubai: GEMS First Point School, The Villa 2.4 km, Oasis Mall 22.4 km, Nad Al Sheba Park 12.1 km. The Dubailand Residence Complex community guide on this site has the registered prices, rents and schools around it.
Is the project escrow-registered?
Yes, escrow account 19429442. 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.