Reef 997

Payment Plan for Reef 997

The payment plan for Reef 997 is structured as follows:

• 20% on the booking date
• 5% after 90 days from the booking date
• 5% after 180 days from the booking date
• 5% after 270 days from the booking date
• 5% after 360 days from the booking date
• 5% after 450 days from the booking date
• 5% after 540 days from the booking date
• 5% after 630 days from the booking date
• 5% after 720 days from the booking date
• 40% on project completion

This plan breaks down the total payment into manageable installments spread over time, with the majority of the payment due at completion.

Is Reef 997 a Good Investment?

Yes, Reef 997 is a strong investment opportunity for both end users and investors seeking long-term value and lifestyle returns. Located on Dubai Islands, it offers true waterfront living with just 63 exclusive residences, ensuring privacy and limited supply—a key factor in capital appreciation.

The project features 1 to 4-bedroom apartments, duplexes, and a full-floor penthouse, ranging from 776 to 6,264 sq ft, all designed for maximum natural light and smooth indoor-outdoor flow. Unique architectural elements like patented Sunken Balconies and enclosed Winter Gardens enhance privacy, light, and comfort.

Reef 997 also introduces the world’s first outdoor cooled amenities, allowing year-round use of leisure spaces—a rare feature in the region. Thoughtful landscaping, serene design, and durable materials provide lasting appeal and low maintenance.

Its boutique nature, climate-responsive design, and strategic location with easy access to Dubai’s key hubs make it an attractive asset. Combined with a clear 60/40 payment plan, Reef 997 offers both lifestyle quality and solid investment fundamentals.

The starting price for a residence at Reef 997 is AED 2,026,186.

The scheduled delivery date for Reef 997 is Q1 2028. This timeline provides buyers and investors with a clear expectation for handover and occupancy. With a structured construction and payment schedule, Reef Luxury Developments is aligning project milestones to ensure timely completion. The Q1 2028 handover reflects the developer’s commitment to delivering a high-quality, well-executed waterfront residential community on Dubai Islands.

Reef 997 is located on Dubai Islands, offering direct waterfront access and easy connectivity to Dubai’s main roads and destinations.

Reef 997 is a freehold property, allowing both local and foreign buyers full ownership of the unit and land rights.

Reef 997 is developed and owned by Reef Luxury Developments, a company known for creating limited-edition residential projects focused on waterfront living and climate-responsive design. With a strong emphasis on architectural innovation and quality materials, Reef Luxury Developments delivers high-end homes that combine performance, comfort, and long-term value. Their work reflects a commitment to low-density living, privacy, and thoughtful detail, making them a trusted name in Dubai’s boutique real estate market.

Reef 997 offers a limited collection of 63 luxury residences designed for waterfront living on Dubai Islands. The development includes a mix of apartments, duplexes, and a full-floor penthouse, with clearly defined unit sizes and starting prices.

• 1-Bedroom Apartments (23 units):
• Sizes range from 776 sq ft to 1,061 sq ft.
• Starting price: AED 2,026,186
• 2-Bedroom Apartments (36 units):
• Sizes range from 1,220 sq ft to 2,187 sq ft.
• Starting price: AED 2,988,247
• 3-Bedroom Duplexes (3 units):
• Sizes range from 2,491 sq ft to 2,550 sq ft.
• Starting price: AED 6,436,982
• 4-Bedroom Penthouse (1 unit):
• Size: 6,264 sq ft
• Starting price: AED 19,813,378

Each unit is designed to maximize natural light, privacy, and outdoor connection through features like patented Sunken Balconies and enclosed Winter Gardens. This curated mix of unit types supports a range of lifestyle needs while maintaining exclusivity through limited inventory.