Reef 996
Registered for handover in Q3 2028 and 0% built in July 2026. Off-plan units sell at AED 787,538 (AED 1,644/sqft), 17% above the Dubai Production City off-plan median.
Off-plan price, typical unit
787,538AED
AED 1,644/sqft · 17% above Dubai Production City off-plan · 237 sales in 12 months
Started Oct 2025Registered handover Sept 2028
DLD project register, Jul 2026
- Median off-plan sale
- AED 787,538
- Titles issued
- 0 of 505
- Escrow
- بنك أبوظبي الأول ش.م.ع.
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Is Reef 996 a safe off-plan buy?In escrow; 0% built with 26 months to its registered handover
- Is it on schedule?0% built in July 2026 against a September 2028 handover: 100% left to build in 26 months · DLD project register, Jul 20260%Context
- Is my money protected?Payments go to an escrow account at بنك أبوظبي الأول ش.م.ع., as registered with the Land DepartmentEscrowContext
- Is the price fair?AED 1,644/sqft, 16.8% above the Dubai Production City off-plan median across 22 projects+16.8%Context
- Is it selling?237 off-plan sales registered in the last 12 months, of 505 units; the latest on 5 Oct 2026237Context
- Who is building it?Reef Luxury, licence no. 1944Context
A registered date is not a delivery forecast · 79% of recorded completions carry their planned date to the day · DLD register, July 2026
What is being built505 units, mostly studios; none titled yet
DLD unit register · balconies a median 22% of unit area · median off-plan sale AED 787,538
Every unit, floor by floor →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.
Every unit, as registered
505 units in DLD’s register for Reef 996, floor by floor.
Show 400 of 505 unitsHide the units
A title is issued at handover. “Not yet” means no title, which a reserved unit and an unsold one share; the register does not say which is for sale.
How other Dubai Production City projects are tracking2 of the 3 nearest-to-finished are past their registered dates
“Past date”: the registered date has already passed · 2 of 12 live Dubai Production City projects past theirs · DLD register and inspections, October 2026
All 29 Dubai Production City projects →As registered with the Land DepartmentWhere Reef 996 is, and who is on its register row
- Escrow agent
- بنك أبوظبي الأول ش.م.ع.
- Developer, as licensed
- REEF LUXURY DEVELOPMENT L.L.C (no. 1944)
- Master developer
- Dubai Holding Asset Management
- Registered start
- October 2025
- Configuration
- G+3P+20 Residential Building Consist of Studio with Balcony =285Rooms, 1 Bedroom with Balcony =141 Rooms, 2 Bedroom with Balcony =66 Rooms + 3 Bedroom with Balcony = 20 Rooms Total of 512 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 .
Published buildings in Reef 996
Towers inside this project that have enough registered resales for their own record.
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Common questions
- When will Reef 996 be completed?
- The developer registered handover for September 2028, 26 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 996 cost per square foot?
- AED 1,644 per sqft, the median of 237 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 787,538. That is 16.8% above the Dubai Production City off-plan median across 22 projects.
- Is Reef 996 in escrow?
- Yes: the Land Department register names بنك أبوظبي الأول ش.م.ع. 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 996?
- REEF LUXURY DEVELOPMENT L.L.C, licence no. 1944, by the register’s own licence number; the master developer that owns the land is Dubai Holding Asset Management. Dubai Land Department project register as of July 2026.
- How many units does Reef 996 have?
- 505 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.
For agents
Send Reef 996 to a client as a branded report
Off-plan record for Reef 996
- Record type
- Project-level off-plan register record
- Data date
- Evidence base
- 505 registered units; DLD project register as of 2026-07-06
- Sources
- Dubai Land Department project register, construction inspections and title register; sale transactions
- Canonical record
- /off-plan/apartments/dubai/production-city/reef-996
Cite as: Dubai Wealth Index. “Reef 996, off-plan.” Dubai Production City, Dubai. Register to 2026-07-06, data to 2026-10-12. https://dubaiwealthindex.com/off-plan/apartments/dubai/production-city/reef-996