Reef 998

1. Is it on schedule?0% built in July 2026 against a June 2028 handover: 100% left to build in 23 months · DLD project register, Jul 20260%Context
2. Is my money protected?Payments go to an escrow account at مصرف ابوظبى الاسلامى, as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,546/sqft, 4.1% above the Dubailand Residence Complex off-plan median across 85 projects+4.1%Context
4. Is it selling?192 off-plan sales registered in the last 12 months, of 323 units; the latest on 8 Sept 2026192Context
5. Who is building it?Reef Luxury, licence no. 1944Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

مصرف ابوظبى الاسلامى

Developer, as licensed

REEF LUXURY DEVELOPMENT L.L.C (no. 1944)

Master developer

Dubailand Residences

Registered start

June 2025

Configuration

3B+G+3P+20+R Commercial and Residential Building Consist of Studio+ Balcony- 114 Rooms,1 Bedroom + Balcony =133 Rooms, 2 Bedroom + Balcony =57 Rooms, 3 Bedroom + Balcony =19 Rooms Total of 323 Rooms 3B+G+3P+20+R Consist of Studio+ Balcony- 114 Rooms,1 Bedroom + Balcony =133 Rooms, 2 Bedroom + Balcony =57 Rooms, 3 Bedroom + Balcony =19 Rooms Total of 323 Rooms

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Reef 998 be completed?

The developer registered handover for June 2028, 23 months after DLD’s latest record, and the project was 0% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.

What does Reef 998 cost per square foot?

AED 1,546 per sqft, the median of 192 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.07M. That is 4.1% above the Dubailand Residence Complex off-plan median across 85 projects.

Is Reef 998 in escrow?

Yes: the Land Department register names مصرف ابوظبى الاسلامى as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Reef 998?

REEF LUXURY DEVELOPMENT L.L.C, licence no. 1944, by the register’s own licence number; the master developer that owns the land is Dubailand Residences. Dubai Land Department project register as of July 2026.

How many units does Reef 998 have?

323 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.