Skip to content
Dubai Wealth Index
Search
Search areas, projects and buildings by name.

Reef 998

A 1 bed in Reef 998 costs a median AED 1.07M and rents long-let for AED 65,000/yr.

1 bed · typical price

1.07MAED

AED 1,546/sqft · +5.1% on a year

Rent a year
AED 65,000
vs Dubailand Residence Complex
26% above the median
Cost to buy, all inAED 1.14M
Price
AED 1.07M
DLD fee 4%
AED 42,680
Agent 2% + VAT
AED 22,407
Trustee
AED 4,200

Fees repaid by rent13 months

Against this building’s registered sales of the same type.

Ask about Reef 998 →

Is Reef 998 a good investment?Prices rising and easy to sell; few units are let and lots of new supply is coming; no record of the yield and the rent trend

  1. Does it pay a good rent?Too few leases or sales to divide one by the otherNo record
  2. Is it easy to let?3% of units signed a yearly lease in 12 months; the typical Dubailand Residence Complex building manages 2%3%Watch
    Dubailand Residence Complex median 2% · top tenth from 54%Reef 998 · 3%

    Across 73 Dubailand Residence Complex buildings with 40 or more units, the median signed annual leases on 2% of units in 12 months and the top tenth on 54% or more; Reef 998 is at 3%.

  3. Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
  4. Are prices going up?1 bed: AED 1,471/sqft a year ago, 1,546 now+5.1%Strength
  5. How fast do fees pay back?AED 69,287 in fees to buy a 1 bed; rent covers it in 1.1 years1.1 yrs
  6. Can I sell easily?192 sales in 12 months, 59% of the tower (88 the year before)192Strength
  7. Is a lot being built nearby?14,309 apartments are planned in Dubailand Residence Complex from 2026 to 2028, equal to 190% of the 7,534 homes let there today. A further 424 are past their planned date. Dubailand Residence Complex supply by year →190%Watch
  8. Did earlier buyers gain?Launch buyers still 1% down, before fees-1.0%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Reef 998 prices and rents by unit typeA one-bed costs about AED 1.07M and rents for about AED 65,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
Studio114 units · 411 sqftAED 759,5661,728/sqftnot yet letnot yet let+1.7%52
1 bed133 units · 671 sqftAED 1.07M1,546/sqftunder 5 contractsunder 5 contracts+5.1%82
2 bed57 units · 1,004 sqftAED 1.43M1,412/sqftnot yet letnot yet let-1.1%45
3 bed19 units · 1,397 sqftAED 1.88M1,346/sqftnot yet letnot yet letno prior year13
Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · Dubailand Residence Complex · area median AED 1,223/sqft

vs area median
+26.4%
Rank by price per sqft
9th of 98

Rental income

1 bed · Dubailand Residence Complex

Renewal rent
AED 49,370/yr

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, 1 bed, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Chart data, 1 bed: Jun 2025, AED 1,119,088; latest, Aug 2026, AED 1,051,085; peak, Jun 2025, AED 1,119,088. Rent on new leases: Sep 2020, AED 36,000 a year; latest, Jan 2026, AED 65,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,546 · before fees

Launch, 2025–26
1,561
−1%
Previous 12 months
1,615
−4%
Last 12 months
1,546
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

No resales match the last 12 months. Try another transaction type, bedroom type or period.

Comparables in Dubailand Residence Complex

Every Dubailand Residence Complex building with a page, ranked by price per sqft over the same 12 months, all unit types. Reef 998 places 26th of 116; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
22Nuve By Zoyaoff-plan 1,573/sqftAED 700,5501,573+1.7%——174
23Cove Grand Residence by Imtiaz0% · Q4 2027 · off-plan 1,540/sqftAED 763,1571,558+0.8%7.4%+6.2%332
24Wadi Hills0% · Q1 2028 · off-plan 1,551/sqftAED 1.04M1,551+0.4%——59
25Terra Tower0% · Q2 2027 · off-plan 1,500/sqftAED 863,2671,550+0.3%6.4%+5.4%63
26Reef 998 · this building0% · Q2 2028 · off-plan 1,573/sqftAED 1.07M1,546—-4.3%192
27Weybridge Gardens 50% · Q3 2027 · off-plan 1,529/sqftAED 817,5381,529-1.1%——135
28Aum 99 Residences0% · Q4 2028 · off-plan 1,525/sqftAED 530,7411,525-1.3%——112
29Samana Parkville0% · Q3 2028 · off-plan 1,546/sqftAED 1.12M1,515-2.0%—-4.1%170
30Sky Line by Peace Homes0% · Q1 2030 · off-plan 1,498/sqftAED 750,0001,498-3.1%——144

Rank 1 is the dearest per square foot. Differences are against Reef 998 (AED 1,546/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Reef 998 has registered sale prices 26% above the Dubailand Residence Complex median price per square foot of 1,223 AED, across 98 eligible buildings. It ranks 9th of 98 by price per square foot in Dubailand Residence Complex.

Market context in Dubailand Residence Complex

Registered sales activity

633 ready apartment sales in the 12 months to 2026-10-12.

+1.3% in median AED/sqft versus the preceding year, supported by 633 current and 1,336 prior price observations.

Explore sales activity

Planned apartment projects

4,146 known registered units across 22 pending projects planned within one year of the 2026-07-06 register.

2 projects had already passed their planned date; 4 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

14,309 apartments are planned in Dubailand Residence Complex from 2026 to 2028, equal to 190% of the 7,534 homes let there today.

Ready prices per sqft fell in 14% of 36 buildings (counted once per bedroom type) in Dubailand Residence Complex with sales in both years; the typical one moved +7.3%.

The pooled median moved +1.3%: 6.0 points less than the typical building, because different buildings traded in each year.

New-lease rents fell in 17% of 29 buildings (counted once per bedroom type) with leases in both years; the typical one moved +0.9%.

How these are counted
Find service-charge budget evidence for Reef 998

Direct 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.

About Reef 998

Reef 998 is an under-construction (0% built) apartment building by Reef Luxury in Dubailand Residence Complex. 280 sales are registered with the Dubai Land Department.

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

The building, as registered

Floors
28
Lifts
8
Parking bays
345
Pools
1
Master developer
Reef Luxury

Nearest, as registered

Reef 998: AED 1,546 per sq ft, 17% above the median Dubailand Residence Complex building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Reef 998AED 1,546
  2. Dubailand Residence Complex, readyAED 817
  3. Dubailand Residence Complex, off-planAED 1,485
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Upcoming supply in Dubailand Residence Complex, by handover quarter

More from Reef Luxury

Nearby in Dubailand Residence Complex

Prices per sq ft around Reef 998, on the map
Pills show median sale price, AED. 79 buildings pinned from Google place records and Apple geocoding · Reef 998 is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 1 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Reef 998’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
4,745AED
4.5% over 25 years
Monthly rent
5,417AED
AED 65,000 a year
Cash needed at purchase
296,357AED
20% down plus AED 82,957 in fees

Owning costs AED 226,316 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Reef 998

Looking to buy or rent here? Tell us what you need: unit type, budget, timing.

We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.

A phone or an email is enough.

By pressing Request info, you agree that DWI and the licensed real-estate agents it works with may contact you about this enquiry.

Common questions

What is the rental yield in Reef 998?
No gross yield is published for Reef 998 as of 2026-10-12: fewer than 5 new Ejari contracts were registered in the last 12 months. In the last 12 months it had 82 registered sales and 1 new Ejari contract; a published yield needs at least 5 new contracts and 3 sales. The Dubailand Residence Complex median is 7.8% gross.
How much does a 1 bedroom in Reef 998 cost?
The median registered sale price is AED 1.07M (1,546 AED/sqft), from 82 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
Have prices in Reef 998 risen or fallen?
Median price per square foot moved +5.1% over the last 12 months against the 12 before it, on 82 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
What is the registered annual rent for a 1 bedroom in Reef 998?
The median new annual rent is AED 65,000, from 1 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.
How many apartments change hands in Reef 998?
82 sales were registered with the Dubai Land Department in the last 12 months, alongside 1 Ejari rental contracts. Every median on this page rests on those counts.

For agents

Send this page to a client as a branded report

Create client report

Reef 998 sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
82 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/dubailand-residence-complex/reef-998
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Reef 998 sale prices and yield.” Dubailand Residence Complex, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubailand-residence-complex/reef-998

Stable dataJSON