997 Residences By Reef Luxury Development

Reef Luxury Development · Dubai Islands · 63 homes · Under construction

A Reef Luxury Development project under construction in Dubai Islands: 63 homes, 5% built, with completion promised for Q1 2028 on the register. Registered off-plan sales from Jul 2025 to Jun 2026 had a median of AED 2,611 per sqft.

Updated 27 Oct 2026
Due Q1 20285% built, as reported to the register
63 homes1, 2, 3 and 4+ bedrooms
Dubai IslandsDubai Land Department project 3837

Promised vs today. Launch to today.

At launchTodayHandoverQ1 20285% builtunder construction
Against the area. Median paid.
997 Residences By Reef Luxury Development2,611

2% under the Dubai Islands median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When will 997 Residences By Reef Luxury Development be completed?

The register declares completion for Q1 2028, and the project is reported 5% built.

What do homes in 997 Residences By Reef Luxury Development sell for?

From Jul 2025 to Jun 2026, 19 homes sold on the register at a median of AED 2,611 per sqft and AED 2.17M per home. By unit type: 1 BR AED 2.11M (15 sales). These are registered deeds, not the developer's price list.

Who built 997 Residences By Reef Luxury Development?

Reef Luxury Development. The project is registered to Reef Luxury Development on the Dubai Land Department register, which lists 6 projects for the developer in Dubai, 6 of them under construction.

How many homes are in 997 Residences By Reef Luxury Development?

63, as counted on the Dubai Land Department register. The declared mix: 23 1 BR, 36 2 BR, 3 3 BR, 1 4+ BR.

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