Reef 996 rents
- 15 new leases and 5 renewals in 12 months
- 505 units
- Dubai Production City
- near Damac Properties
A studio here leases for about AED 72,500 a year, 65% above the typical Dubai Production City studio. Renewing tenants pay more than new ones: AED 75,000.
Studio · typical new lease
72,500AEDa year
AED 176/sqft · -0.7% on a year
- A month, roughly
- AED 6,042
- Renewal
- AED 75,000
- vs Dubai Production City studio
- 65% above the median
- New leases, 12 months
- 14
What should a lease in Reef 996 cost?A studio leases for about AED 72,500 a year; renewing tenants pay 3.4% more than new ones
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Dubai Production City median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A studio here now costs 0.7% less than a year earlier: AED 72,500 against 73,000.
Chart data, Studio: Sep 2020, AED 29,500; latest, Sep 2026, AED 77,500; peak, May 2026, AED 86,000.
20 contracts starting on or after 12 Oct 2025.
About Reef 996A 25-floor tower in Dubai Production City, a 17-minute drive from Dubai Marina
Reef 996 is an under-construction (0% built) apartment building by Reef Luxury in Dubai Production City. 20 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Floors
- 25
- Lifts
- 6
- Parking bays
- 553
- Pools
- 1
- Master developer
- Reef Luxury
Drive times · typical
- Downtown
- 24 min · 26 km
- DXB Airport
- 26 min · 35 km
- DIFC
- 22 min · 29 km
- Dubai Marina
- 17 min · 15 km
- Palm Jumeirah
- 25 min · 23 km
Nearest, as registered
- Metro
- Damac Properties
- Mall
- Marina Mall
- Landmark
- Sports City Swimming Academy
Letting a unit in Reef 996?4% of units here signed a yearly lease in 12 months, below the Dubai Production City median; new tenants pay less than renewing ones
- Units on a yearly lease
- 4%Watch
- Dubai Production City median 6%; top tenth from 51%
- New tenant vs renewal
- -4.0%
- New leases AED 72,000, renewals 75,000, all types
Ejari leases to 12 Oct 2026
Thinking of selling? Reef 996 sale prices →Comparables in Dubai Production City
Every Dubai Production City building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Reef 996 places 1st of 47; the nearest 4 are shown.
Rank 1 is the dearest per square foot. Differences are against Reef 996.
At studio, Reef 996 ranks 1st of 27 by rent per square foot and 1st of 19 by gross yield in Dubai Production City.
Market context in Dubai Production City
Registered sales activity
805 ready apartment sales in the 12 months to 2026-10-12.
+5.5% in median AED/sqft versus the preceding year, supported by 805 current and 1,116 prior price observations.
Explore sales activityPlanned apartment projects
2,784 known registered units across 5 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 3 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
3,449 apartments are planned in Dubai Production City from 2026 to 2028, equal to 54% of the 6,406 homes let there today.
Ready prices per sqft fell in 11% of 45 buildings (counted once per bedroom type) in Dubai Production City with sales in both years; the typical one moved +6.8%.
New-lease rents fell in 38% of 13 buildings (counted once per bedroom type) with leases in both years; the typical one moved +2.3%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
Nearby in Dubai Production City
Prices per sq ft around Reef 996, on the mapPrices per sq ft around Reef 996, on the map
Lakeside A
Dubai Production City · 711 contracts, 12 months
38,000
AED a year median · 92/sqft
Lakeside B
Dubai Production City · 711 contracts, 12 months
38,000
AED a year median · 92/sqft
Lakeside D
Dubai Production City · 711 contracts, 12 months
38,000
AED a year median · 92/sqft
Lakeside C
Dubai Production City · 711 contracts, 12 months
38,000
AED a year median · 92/sqft
Ask about Reef 996
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Common questions
- What is the registered annual rent for a studio in Reef 996?
- The median new annual rent is AED 72,500, from 14 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Reef 996 risen or fallen?
- The median new annual rent changed -0.7% in the trailing 12 months against the previous 12, using 14 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- Do new tenants in Reef 996 pay more than sitting ones?
- A new tenant pays -3.3% against a renewing one, across 5 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
- How many apartments change hands in Reef 996?
- 131 sales were registered with the Dubai Land Department in the last 12 months, alongside 14 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to Reef 996?
- Damac Properties, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.
For agents
Send this page to a client as a branded report
Reef 996 rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 14 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /rent/apartments/dubai/production-city/reef-996
Cite as: Dubai Wealth Index. “Reef 996 rents and yield.” Dubai Production City, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/production-city/reef-996
Stable dataJSON