AED700,000

Own this from just

2,879 AED/month
Studio
1 Bathroom
478 sqft / 44 sqm
APARTMENT FOR SALE IN REEF 998, DUBAI LAND RESIDENCE COMPLEX

Cooled Smart Balcony | Park/Skyline Views | 9% ROI

Innovative Studio Investment with Patented Cooled Balconies

Investment Highlights
• Expected ROI: 7%–9% net
• Strong rental demand from Academic City & Silicon Oasis
• Freehold | High liquidity
• Fast leasing advantage for studios
• Rare smart layout with outdoor-cooled balcony

Project Details
• REEF 998 by Reef Luxury Developments
• Dubai Land Residence Complex (DLRC)
• High-rise residential tower (25 storeys)
• Handover: Q2 2028

Unit Types & Sizes
• Studio Apartments
• From approx. 478 sq. ft.

Payment Plan
• 20% booking
• 50% during construction
• 30% on handover
• Mortgage availability: Subject to bank approval

Project Location
• 5 min – Academic City (27 universities)
• 10 min – Global Village
• 15 min – Dubai Silicon Oasis
• Future metro access – DLRC planned station
• 25 min – DXB International Airport
• Direct access – Sheikh Mohammed Bin Zayed Road

Investment & ROI Insights
• High tenant absorption driven by students & professionals
• Stable yield with strong capital growth toward handover

For Further Details & Viewing Arrangements, Please Contact:
Muhammad Shiraz | Daark Real Estate
Mobile: +971502534809

Property details

Property Type

Apartment

Property Size

478 sqft / 44 sqm

Bedrooms

studio

Bathrooms

1

Available from

29 Jan 2026


Amenities

Furnished

Balcony

Barbecue Area

Built in Wardrobes

Central A/C

Covered Parking

Kitchen Appliances

Pets Allowed

Shared Pool

View of Water


Project information

project informationproject informationproject information

Reef Luxury Development developer Logo

Under Construction

Reef 998

Studio, 1, 2 and 3 bedrooms

Delivery Date:

Q2 2028

Down payment:

20%

Property types:

Apartment


Location

Map preview


Price Insights

Transactions for Similar Properties

Studio Apartment in Reef 998

Sold for

DateAEDArea (sqft)
17 Feb 2026
801,377
476
12 Feb 2026
724,604
409
9 Feb 2026
621,835
409
9 Feb 2026
702,981
410
2 Feb 2026
696,862
411

Rented for

DateAED/yearArea (sqft)
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Powered byDataGuru

This property costs 11% more than the average price of studio bedroom in Dubai Land

Average Sale Price is 628,939 AED

This property is 5% bigger than the average size of studio bedroom in Dubai Land

Average size is 454 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Dubai Land

Provided by

Response time

within 30 minutes

Experience

5 years

Languages

English, Arabic

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Monthly payment

2,879 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

MS-VZBN95

Listed

1 month ago

Broker License

23393

Agency name

DAARK REAL ESTATE BROKER L.L.C

Zone name

Wadi Al Safa 5

Agent License

82315

DLD Permit Number

permit number

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