Compliance & specs
About
Project general facts
Reef 996 stands out with a modern architectural identity shaped by clean vertical lines, and an impressive integration of innovation into the building’s core design. Its structure seamlessly blends refined aesthetics with functional engineering, establishing a landmark presence defined by the world’s first Outdoor-Cooled Garden Lounges and patented Outdoor-Cooled Sunken Balconies — features that extend the living environment beyond the interior in every season.
The residence offers a versatile selection of homes, including studios, one-bedroom, two-bedroom, and three-bedroom apartments ranging from 400 to nearly 1,900 sq.ft. Each unit is thoughtfully designed to maximize space, natural light, and comfort, with high ceilings, panoramic windows, and elegant lines that create a serene indoor atmosphere. The integration of sunken balconies as cool, outdoor extensions enhances the functionality and beauty of every layout, delivering a lifestyle that harmonizes sophistication with everyday practicality.
A rich collection of amenities elevates the residential experience, centered around the world’s first Outdoor-Cooled Garden Lounges — exclusive outdoor spaces crafted for comfort even in Dubai’s peak summer months. The development features cinema areas, BBQ zones, yoga and Pilates studios, a fully equipped gym, CrossFit area, an infinity pool with cabanas and a Baja shelf, kids’ pool, basketball and cricket courts, wall climbing facilities, badminton/volleyball courts, a cornhole court, tennis/padel court, and expansive kids’ play areas. The range of activities supports wellness, leisure, recreation, and social living for residents of all ages.
The interiors reflect premium craftsmanship and contemporary elegance, enhanced with globally recognized brands. Kitchens are fitted with built-in appliances from Bosch, ensuring German precision and durability. Bathrooms feature high-quality fixtures by Grohe, offering refined comfort and advanced functionality. Windows and façade systems are crafted using premium aluminum solutions from Gutmann, highlighting durability and energy efficiency. Every residence is finished with meticulous detail, blending modern innovation with timeless luxury to create a sophisticated and comfortable living environment.
Location description and benefits
Dubai Production City, formerly known as International Media Production Zone (IMPZ), is a vibrant and specialized community located in Dubai. It is designed to cater to the needs of the media production industry, offering a range of services, facilities, and infrastructure to support the production of print, publishing, and media content.
Dubai Production City is strategically positioned to serve as a hub for media production and related activities. The community features state-of-the-art production studios, soundstages, and post-production facilities, providing a comprehensive ecosystem for the media industry. It is home to numerous media companies, publishing houses, and creative professionals who contribute to the development of diverse content.
The community of Dubai Production City is designed to foster creativity, collaboration, and innovation. It offers a range of amenities and services to support the needs of media professionals, including commercial spaces, offices, and retail outlets. The community also hosts events, workshops, and networking opportunities that encourage knowledge sharing, skill development, and industry growth.
Available unit types
4 bedroom configurations
These thumbnails show sample layouts for each bedroom configuration. Actual unit sizes, orientations, and finishes vary across the 1 building , the developer's full floor-plan pack below covers every variant.
Studio
400-471 sqft
Range across 24 layout variants
1 bedroom
477-1220 sqft
Range across 21 layout variants
2 bedrooms
477-1274 sqft
Range across 14 layout variants
3 bedrooms
1370-1901 sqft
Range across 5 layout variants
Office spaces
Layouts and pricing released on request.
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Retail units
Layouts and pricing released on request.
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Commercial units
Layouts and pricing released on request.
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4 Years Post Handover (Q3 2028) Payment PlanInterest-free incl. post-handover
- 1.10%
On booking
- 2.40%
During construction
- 3.50%
Within 4 years post-handover (Q3 2028) (1% monthly)
Payment Plan 50/50Interest-free during construction
- 1.10%
On booking
- 2.40%
During construction
- 3.50%
On Handover (Q3 2028)
Calculate your payments
Pick a unit type or enter a custom price. We'll spread it across the plan's phases in AED + your selected currency, with plain-English timing labels. Download as a spreadsheet for your records.
| # | When | Step | % | Amount (AED) | Amount (USD) | Cumulative (USD) |
|---|---|---|---|---|---|---|
| 1 | Upon booking | Reservation | 10% | 69,957 | 19,049 | 19,049 |
| 2 | Between booking and Q3 2028 | During construction | 40% | 279,826 | 76,197 | 95,246 |
| 3 | Between Q3 2028 and Q3 2032 | Within 4 years post-handover (Q3 2028) (1% monthly) | 50% | 349,783 | 95,246 | 190,492 |
| Total | 100% | AED 699,566 | USD 190,492 | |||
Cash-flow shape: 50% during the construction period (10% upon booking, 40% across milestones), 50% spread across the post-handover instalments.
0% interest, through construction AND post-handover , every instalment is at face value, no APR, no compounding.
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Amenities
19 features
Location
25.03785, 55.20126
About Reef Luxury Development
Reef Luxury Development LLC is a Dubai-based residential developer registered with the Dubai Land Department (DLD #1944). The company specializes in off-plan residential projects across prime locations including Jebel Ali Village, Dubai Islands, and Dubailand Residence Complex, with a portfolio of five projects in our catalogue.
Building details
Studio, 1, 2 & 3 bedroom apartments
Parking allocation
| Unit type | Bedrooms | Spaces |
|---|---|---|
| Apartment | 0 | 1 |
| Apartment | 1 | 1 |
| Apartment | 2 | 1 |
| Apartment | 3 | 2 |
Marketing brochure
Frequently asked questions
About Reef 996
What is the starting price for Reef 996?
Prices at Reef 996 start from AED 780,681. Off-plan inventory moves with availability, so confirm the current entry price with a Casadior broker before deciding.
What is the payment plan for Reef 996?
Reef 996 offers 2 payment plan options: 4 Years Post Handover Payment Plan, Payment Plan 50/50. The full instalment schedule, what is due at booking, during construction, and at handover, is published on this page. A post-handover payment option is available.
When does Reef 996 hand over?
Handover of Reef 996 is planned for Q3 2028. Handover dates are set by the developer and can shift, so treat the date as a target, not a guarantee.
Who is the developer behind Reef 996?
Reef 996 is developed by Reef Luxury Development. The developer's track record and full project list are on our Reef Luxury Development page.
Why Dubai off-plan
The macro case for buying off-plan in Dubai
These six pillars apply to every project on this site, not just this one. If you're new to the UAE market, they're the context you need before evaluating the specific unit above.
0% interest, ever
Off-plan payment plans are interest-free, end to end. Every instalment is at face value, no APR, no compounding, no balloon hidden in the back. Buyers from interest-bearing markets routinely underestimate how much this saves over a 3-5 year hold.
No income or capital-gains tax on property
Dubai charges no annual property tax, no income tax on rental yield, and no capital-gains tax on resale. The DLD 4% transfer fee is a one-time cost at registration, after that, your returns are yours.
20% usually opens the unit
Most off-plan plans book with a ~20% reservation deposit. You're under contract with the developer immediately, with the rest spread across construction milestones. The deposit is what unlocks the buy-side, not the full unit price.
Post-handover plans extend the runway
Many projects offer 2-4 years of post-handover instalments, meaning a chunk of the price gets paid AFTER you take keys. Once the unit is rented, that income can help cover the post-handover payments, rarely the full instalment, but enough to make the cash-flow comfortable rather than tight.
Golden Visa from AED 2M
A property purchase of AED 2M+ qualifies the buyer (and family) for the UAE Golden Visa, a 10-year renewable residency. The visa is the headline benefit; for many international buyers it's the actual reason to buy in Dubai.
Freehold ownership for foreigners
Across the 80+ freehold zones (Dubai Marina, Downtown, Palm Jumeirah, Business Bay, JVC, Dubai Hills, and the rest), foreigners own 100% of the asset and the land. There's no Emirati partner requirement, no lease structure, title deed in your name.
Price
from AED 780,681
≈ USD 212,579
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