Home›Projects›Reef 998

Reef 998

by REEF LUXURY DEVELOPMENT L.L.C·DUBAI LAND RESIDENCE COMPLEXResidentialFreeholdOff-plan Heavy

Development & Handover Profile

⏳ Not Started

Construction Progress0.0%

Project Start

Jun 1, 2025

Expected Handover

N/A

Official Status

NOT_STARTED

Total Units

339

Avg Unit Size

698 sqft

Freehold Ratio

100%

Escrow Agent

Abu Dhabi Islamic Bank

Median Price

AED 1.05M

PSF

AED 1,603/sqft

Sales 12M

119

vs Area

+43.9%

Asset Turnover

ⓘ

35.1%

Liquidity (12M)

Physical Inventory Profile

Total Registered Units

339

Avg Unit Size

698 sqft

1BR

39.2%

2BR

16.8%

4.7%

Studio

33.6%

3BR

5.6%

Room Configuration

Unit Type	Count	Share
1BR	133	39.2%
Studio	114	33.6%
2BR	57	16.8%
3BR	19	5.6%
NA	16	4.7%

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 Type	Inventory Share	Sales Share (12M)	Demand Index	Status
1BR	41.2% 133 units	41.7% 101 sold	1.01	✓ BALANCED
Studio	35.3% 114 units	31.8% 77 sold	0.90	✓ BALANCED
2BR	17.6% 57 units	20.2% 49 sold	1.15	✓ BALANCED
3BR	5.9% 19 units	6.2% 15 sold	1.05	✓ BALANCED

Recent Transactions

Date	Area	Rooms	Price	PSF	Status	Ownership
12 Aug 2026 Published 13 Aug 2026	DUBAI LAND RESIDENCE COMPLEX	1BR	AED 1.01M	AED 1,499/sqft	Off-plan	Freehold
10 Aug 2026 Published 11 Aug 2026	DUBAI LAND RESIDENCE COMPLEX	1BR	AED 1.08M	AED 1,607/sqft	Off-plan	Freehold
7 Aug 2026 Published 10 Aug 2026	DUBAI LAND RESIDENCE COMPLEX	2BR	AED 1.28M	AED 1,278/sqft	Off-plan	Freehold
30 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	Studio	AED 841K	AED 1,760/sqft	Off-plan	Freehold
30 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	1BR	AED 1.06M	AED 1,578/sqft	Off-plan	Freehold
29 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	Studio	AED 510K	AED 1,779/sqft	Off-plan	Freehold
27 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	2BR	AED 1.44M	AED 1,433/sqft	Off-plan	Freehold
24 Jul 2026 Published 27 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	1BR	AED 1.05M	AED 1,684/sqft	Off-plan	Freehold
22 Jul 2026 Published 23 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	NA	AED 316K	AED 479/sqft	Off-plan	Freehold
21 Jul 2026 Published 22 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	2BR	AED 1.31M	AED 1,299/sqft	Off-plan	Freehold
21 Jul 2026 Published 22 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	2BR	AED 1.60M	AED 1,590/sqft	Off-plan	Freehold
21 Jul 2026 Published 22 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	2BR	AED 1.40M	AED 1,395/sqft	Off-plan	Freehold
21 Jul 2026 Published 22 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	1BR	AED 1.10M	AED 1,702/sqft	Off-plan	Freehold
13 Jul 2026 Published 14 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	1BR	AED 1.12M	AED 1,417/sqft	Off-plan	Freehold
13 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	1BR	AED 1.15M	AED 1,557/sqft	Off-plan	Freehold
13 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	2BR	AED 1.61M	AED 1,587/sqft	Off-plan	Freehold
10 Jul 2026 Published 13 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	1BR	AED 1.06M	AED 1,578/sqft	Off-plan	Freehold
10 Jul 2026 Published 13 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	1BR	AED 1.07M	AED 1,668/sqft	Off-plan	Freehold
10 Jul 2026 Published 13 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	3BR	AED 2.05M	AED 1,467/sqft	Off-plan	Freehold
10 Jul 2026 Published 13 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	1BR	AED 1.05M	AED 1,562/sqft	Off-plan	Freehold
9 Jul 2026 Published 10 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	1BR	AED 1.05M	AED 1,569/sqft	Off-plan	Freehold
9 Jul 2026 Published 10 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	Studio	AED 876K	AED 1,833/sqft	Off-plan	Freehold
9 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	1BR	AED 1.10M	AED 1,766/sqft	Off-plan	Freehold
8 Jul 2026 Published 9 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	3BR	AED 2.01M	AED 1,436/sqft	Off-plan	Freehold
8 Jul 2026 Published 9 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	Studio	AED 703K	AED 1,712/sqft	Off-plan	Freehold
8 Jul 2026 Published 9 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	1BR	AED 955K	AED 1,533/sqft	Off-plan	Freehold
8 Jul 2026 Published 9 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	Studio	AED 722K	AED 1,757/sqft	Off-plan	Freehold
8 Jul 2026 Published 9 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	Studio	AED 776K	AED 1,891/sqft	Off-plan	Freehold
7 Jul 2026 Published 8 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	1BR	AED 990K	AED 1,589/sqft	Off-plan	Freehold
7 Jul 2026 Published 8 Jul 2026	DUBAI LAND RESIDENCE COMPLEX	2BR	AED 1.41M	AED 1,404/sqft	Off-plan	Freehold