REEF 997

REEF 997 is a boutique residential development by REEF Luxury Developments, located on Island A of Dubai Islands. It comprises exactly 63 units across 1 to 4 bedrooms, making it one of the most exclusive projects in the area. The development is currently off-plan with a scheduled handover of Q1 2028.

Prices at REEF 997 start from AED 2,026,000 for a 1-bedroom residence. The project offers 1 to 4 bedroom configurations, with pricing reflecting the premium waterfront location and limited availability of just 63 units. Early buyers typically access the best pricing before values appreciate closer to handover.

REEF 997 offers a 60/40 payment plan, beginning with a 20% down payment at booking. The remaining installments are spread across the construction period, with 40% due upon handover in Q1 2028. This structure keeps capital commitments manageable while the asset appreciates during the build phase.

REEF 997 introduces trademark-patented sunken balconies — a world-first feature that extends the living space outward while maintaining privacy and wind protection. Winter gardens and climate-controlled outdoor amenities further differentiate the project from standard Dubai apartment developments. These innovations are exclusive to REEF Luxury Developments' portfolio.

Residents at REEF 997 have access to an infinity swimming pool, jacuzzi, kids pool measuring 5.4 x 6.2 metres, a fully equipped gym, yoga area, outdoor cinema, hammock forest area, BBQ area, kids playground, and a community vegetable garden. All outdoor amenity spaces are climate-controlled, which is a rare feature in Dubai residential developments.

REEF 997 is situated on Island A of Dubai Islands, a master-planned coastal district off the Deira coastline in Dubai. The location offers waterfront living with planned beach access, retail, and dining, while remaining well connected to central Dubai and Deira via the island's road network. Dubai Islands is one of the city's highest-priority infrastructure investment zones through 2030.

REEF 997's investment case is built on genuine scarcity — only 63 units exist in the entire project, which supports premium rental yields and strong resale demand. Property purchases at this price point may qualify buyers for a 10-year UAE Golden Visa, subject to standard eligibility criteria. Early investors also benefit from Dubai Islands' ongoing development, which is expected to drive capital appreciation ahead of and beyond the Q1 2028 handover.

REEF 997 contains exactly 63 residences — an intentionally limited number that preserves exclusivity and restricts future rental supply within the building. In high-demand waterfront locations like Dubai Islands, low unit counts typically translate to stronger occupancy rates and premium rental income compared to large-scale towers. For investors, this scarcity factor is a key differentiator in a competitive market.