Compliance & specs
DLD-verifiableSemi-furnishedFully equipped kitchen with appliances. Living, dining, and bedrooms are bare.
About
Project general facts
Reef 997 is an extraordinary residential project on Dubai Islands, setting a high standard for modern beachfront living. Offering a rare collection of residences, it features stylish 1 and 2 bedroom apartments, spacious 3 bedroom duplexes, and a signature 4 bedroom penthouse. Each home is carefully designed with high ceilings, panoramic windows, and premium finishes that combine timeless elegance with modern functionality.
The project introduces an unmatched lifestyle with a wide range of world-class amenities designed for relaxation, wellness, and community living. Residents can indulge in an infinity swimming pool, jacuzzi, kids’ pool, and beautifully designed decking areas complete with cabanas and a hammock forest. Fitness and wellness are enhanced with a modern gym, yoga area, and even a community vegetable garden for a refreshing touch of nature. Families and friends will also love the outdoor cinema, BBQ areas, and kids’ playground.
Inside, Reef 997 reflects the highest level of sophistication and comfort, blending international design with luxurious practicality. The lobby and corridors are thoughtfully designed to create a sense of elegance and welcome from the very first step inside. Reef 997 is more than just a residence—it is a statement of refined living, offering a serene island retreat with the vibrant heartbeat of Dubai close at hand.
Finishing and materials
Modern finishing with high-quality materials.
Kitchen and appliances
Equipped kitchens with Bosch appliances.
Location description and benefits
Dubai Islands is a visionary development that epitomizes the luxurious and innovative spirit of Dubai. Strategically located along the coast, this ambitious project features a collection of five man-made islands designed to offer a blend of residential, commercial, and leisure spaces. Each island is meticulously planned to provide a unique living experience, surrounded by pristine beaches, lush landscapes, and crystal-clear waters.
The islands are connected to the mainland via well-developed infrastructure, ensuring seamless access to the rest of the city. This prime location allows residents and visitors to enjoy the tranquility of island life while being just a short drive away from Dubai's bustling urban centers, including the iconic landmarks and vibrant districts such as Downtown Dubai, Dubai Marina, and Palm Jumeirah. The development includes a range of upscale amenities, including luxury hotels, gourmet dining options, high-end retail outlets, and world-class recreational facilities.
Dubai Islands is designed to cater to a diverse array of lifestyles, offering everything from serene residential communities to dynamic entertainment hubs. The project emphasizes sustainability and innovation, incorporating green building practices and advanced technologies to create a harmonious and eco-friendly environment. With its stunning natural beauty, exceptional amenities, and strategic location, Dubai Islands stands as a premier destination for those seeking an unparalleled lifestyle in one of the world's most dynamic cities.
Available unit types
3 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.
1 bedroom
776 – 1061 sqft
Range across 4 layout variants
2 bedrooms
1220 – 2187 sqft
Range across 8 layout variants
3 bedrooms
2536 sqft
Retail units
Layouts and pricing released on request.
Talk to a broker
36 Months Post Handover (Q1 2028) Payment PlanInterest-free incl. post-handover
- 1.20%
On booking
- 2.25%
During construction (5% every 4 months)
- 3.5%
Upon Handover (Q1 2028)
- 4.50%
Within 36 months post-handover (Q1 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 | 20% | 408,335 | 111,190 | 111,190 |
| 2 | Between booking and Q1 2028 | During construction (5% every 4 months) | 25% | 510,418 | 138,987 | 250,176 |
| 3 | Q1 2028 | Upon Handover (Q1 2028) | 5% | 102,084 | 27,797 | 277,974 |
| 4 | Between Q1 2028 and Q1 2031 | Within 36 months post-handover (Q1 2028) | 50% | 1,020,837 | 277,974 | 555,948 |
| Total | 100% | AED 2,041,674 | USD 555,948 | |||
Cash-flow shape: 45% during the construction period (20% upon booking, 25% across milestones), 5% at handover (Q1 2028), 50% spread across the post-handover instalments.
0% interest — through construction AND post-handover — every instalment is at face value, no APR, no compounding.
Opens directly in Excel, Numbers, or Google Sheets.
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Our advisors walk you through the math, the trade-offs, and the post-handover options. You don't pay us — ever.
Amenities
13 features
Location
25.28990, 55.30238
Nearby
- Century Mall6.9 km
- Dubai Islands Beach5 km
- Tiny Tots Nursery6.5 km
- Dubai Island Marina Slipway7.3 km
- Dubai International Airport9.8 km
- Downtown Dubai20.7 km
About Dubai Islands
Beachfront / waterfront freehold zone; positioned for premium and branded residences; rapid 2024-2025 launch cycle A look at the original masterplan published by the developer at the time of the launch of Dubai Islands.
Explore Dubai IslandsAbout Reef Luxury Development
As a visionary developer in Dubai, Reef Developments is dedicated to transforming living with innovative and practical solutions. Their commitment to provide exceptional value quality and meticulous attention to detail ensures timely delivery and elevates the real estate experience to new heights. They are motivated by their commitment to creating a legacy of pioneering luxury living in Dubai, reshaping the future of real estate through innovation, value and ambition. They bring over 10 years of experience in real estate development. They have collaborated with prominent developers and successfully completed numerous high-profile projects which demonstrate their expertise and commitment to excellence in the industry.
Building details
1, 2 bedroom apartments & 3 bedroom duplexes & 4 bedroom penthouses
Parking allocation
| Unit type | Bedrooms | Spaces |
|---|---|---|
| Duplex | 3 | 2 |
| Penthouse | 4 | 2 |
| Apartment | 2 | 1 |
| Apartment | 1 | 1 |
Marketing brochure
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 3,229,399
≈ USD 879,365
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