HomeProjects997 Residences by Reef Luxury Development

997 Residences by Reef Luxury Development

by REEF LUXURY DEVELOPMENT L.L.C·PALM DEIRAResidentialFreeholdOff-plan Heavy

Development & Handover Profile

⏳ Not Started
Construction Progress0.0%
Project Start
Jul 15, 2025
Expected Handover
N/A
Total Units
63
Avg Unit Size
1301 sqft
Freehold Ratio
100%
Escrow Agent
First Abu Dhabi Bank
Median Price
AED 2.46M
PSF
AED 2,619/sqft
Sales 12M
5
vs Area
-9.0%
Asset Turnover
7.9%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
63
Avg Unit Size
1301 sqft
3BR
4.8%
2BR
57.1%
1BR
36.5%
4BR+
1.6%

Room Configuration

Unit TypeCountShare
2BR3657.1%
1BR2336.5%
3BR34.8%
4BR+11.6%

Price & Volume Trend

Unit Liquidity Matrix

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit TypeInventory ShareSales Share (12M)Demand IndexStatus
2BR57.1%
36 units
21.1%
4 sold
0.37⚠️ LOW DEMAND
1BR36.5%
23 units
78.9%
15 sold
2.16🔥 HIGH DEMAND
3BR4.8%
3 units
0.0%
0 sold
⚠️ STAGNANT
4BR+1.6%
1 units
0.0%
0 sold
⚠️ STAGNANT

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
25 Jun 2026
PALM DEIRA2BRAED 2.89MAED 2,360/sqftOff-planFreehold
22 Jun 2026
PALM DEIRA2BRAED 2.95MAED 2,413/sqftOff-planFreehold
16 Jun 2026
Published 17 Jun 2026
PALM DEIRA1BRAED 1.88MAED 2,414/sqftOff-planFreehold
3 Jun 2026
Published 4 Jun 2026
PALM DEIRA1BRAED 2.26MAED 2,706/sqftOff-planFreehold
18 May 2026
Published 19 May 2026
PALM DEIRA1BRAED 2.11MAED 2,529/sqftOff-planFreehold
18 May 2026
PALM DEIRA1BRAED 2.19MAED 2,840/sqftOff-planFreehold
15 May 2026
Published 18 May 2026
PALM DEIRA1BRAED 2.03MAED 2,611/sqftOff-planFreehold
7 May 2026
Published 8 May 2026
PALM DEIRA1BRAED 2.17MAED 2,598/sqftOff-planFreehold
4 May 2026
PALM DEIRA2BRAED 2.93MAED 2,408/sqftOff-planFreehold
25 Mar 2026
Published 26 Mar 2026
PALM DEIRA1BRAED 2.03MAED 2,628/sqftOff-planFreehold
24 Mar 2026
PALM DEIRA1BRAED 2.18MAED 2,807/sqftOff-planFreehold
14 Feb 2026
Published 16 Feb 2026
PALM DEIRA1BRAED 2.04MAED 2,624/sqftOff-planFreehold
12 Feb 2026
Published 13 Feb 2026
PALM DEIRA1BRAED 2.11MAED 2,529/sqftOff-planFreehold
5 Jan 2026
Published 6 Jan 2026
PALM DEIRA1BRAED 2.03MAED 2,628/sqftOff-planFreehold
30 Dec 2025
PALM DEIRA1BRAED 2.18MAED 2,807/sqftOff-planFreehold
15 Dec 2025
PALM DEIRA1BRAED 2.74MAED 2,611/sqftOff-planFreehold
18 Nov 2025
PALM DEIRA1BRAED 2.03MAED 2,628/sqftOff-planFreehold
14 Nov 2025
PALM DEIRA2BRAED 3.00MAED 2,461/sqftOff-planFreehold
13 Nov 2025
PALM DEIRA1BRAED 2.03MAED 2,628/sqftOff-planFreehold
30 Apr 2025
PALM DEIRAAED 27.50MAED 1,064/sqftReadyFreehold