Off-PlanUnder Construction
997 Residences by Reef
Dubai Islands · Dubai
Starting from
AED 2,026,186
1, 2, 3 & 4 BedroomsFrom 776 sq.ftApartments
About this project
Reef 997 Residences by Reef Developments is an off-plan low-density project on the Dubai Islands, offering 63 homes, including 1 to 4-bedroom beachfront apartments, premium duplexes and a signature penthouse. One of the striking features of this project is the patented outdoor cooling technology, which is among the first on the Dubai Islands to provide cooled amenities, offering greater comfort in warmer months.
Each residence will incorporate patented Sunken Balconies and Winter Gardens, creating outdoor areas that can be enjoyed in every season. In addition, residents will find several amenities, including an infinity swimming pool, a yoga area, a hammock forest, a gym, landscaped gardens, barbecue areas, an outdoor cinema and dedicated children’s spaces.
Features
- Swimming Pool
- Jacuzzi
- Kids Play Area
- Lawn or Garden
- Barbeque Area
Run the numbers
Estimated monthly payment
AED 8,781
On a AED 1,620,949 loan over 25 years
Cash required upfront
Down payment20%AED 405,237
DLD transfer fee4% + AED 520AED 81,567
Agency fee2% + VATAED 42,550
Trustee office feeAED 4,200
Mortgage registration0.25% + AED 290AED 4,342
Total upfrontAED 537,897
Indicative figures for guidance only, based on published DLD rates. They are not a mortgage offer, valuation, or financial advice. Speak to our team for a personalised breakdown.
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What you get back
- The full cost
- The 4% Land Department transfer fee, the service charge from handover, and the developer's own handover charges. Not the headline price.
- The developer's record
- What they have delivered before, whether it landed on time, and what the finished specification actually committed to.
- The competition
- What else completes in the same community in the same year, because that is what you will be selling or renting against.
- A straight no
- When the numbers do not work, we say so. We would rather place you in something completed than sell you a wait.
Working across Emaar, DAMAC, Nakheel, Sobha, Ellington, Arada and Modon