Compliance & specs
DLD-verifiableSemi-furnishedFully equipped kitchen with appliances. Living, dining, and bedrooms are bare.
About
Project general facts
REEF 998 redefines city living with the exclusive Sunken Balcony concept with outdoor cooling, blending nature, comfort, and innovation. Located in Dubai Land Residence Complex (DLRC), it offers direct access to key destinations within a calm, connected community. With over 20 lifestyle amenities — including rooftop cinema, coworking spaces, and fitness zones — every detail is designed to enrich. Offering smartly planned units with elegant finishes, REEF 998 is where luxury meets value.
Balconies with outdoor cooling technology, revolutionizing the way outdoor spaces are experienced in the UAE. Enjoy cooled balconies and terraces all year round—an innovation that seamlessly blends wellness, comfort, and futuristic design.
Finishing and materials
Modern finishing with high-quality materials
Kitchen and appliances
Equipped kitchens
Location description and benefits
Dubailand is a sprawling and diverse community located in Dubai, offering a multitude of entertainment, leisure, and residential opportunities. This vibrant community is renowned for its wide range of attractions and experiences, making it a unique destination that caters to residents and visitors of all ages.
At the heart of Dubailand is its extensive array of world-class entertainment and leisure destinations. The community is home to numerous theme parks, including Dubai Parks and Resorts, which features Legoland, Motiongate, Bollywood Parks, and the immersive waterpark experience of Legoland Water Park. These attractions provide endless fun and entertainment for families, creating memorable experiences for both children and adults alike.
Dubailand also boasts a variety of sporting facilities and outdoor spaces, catering to the needs of sports enthusiasts and those seeking an active lifestyle. The community is home to renowned golf courses, tennis courts, cycling tracks, and expansive parks, providing opportunities for outdoor activities and leisurely pursuits.
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
412 – 478 sqft
Range across 9 layout variants
1 bedroom
623 – 798 sqft
Range across 5 layout variants
2 bedrooms
1002 – 1011 sqft
Range across 5 layout variants
3 bedrooms
1397 sqft
Range across 2 layout variants
Full floor-plan pack
Payment Plan 60/40Interest-free during construction
- 1.20%
On booking
- 2.40%
During construction
- 3.40%
Upon Handover (Q2 2028)
2.5 Years Post Handover (Q2 2028) Payment PlanInterest-free incl. post-handover
- 1.20%
On booking
- 2.50%
During construction
- 3.1%
Upon Handover (Q2 2028)
- 4.29%
Within 29 months post-handover (Q2 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% | 151,913 | 41,366 | 41,366 |
| 2 | Between booking and Q2 2028 | During construction | 40% | 303,826 | 82,732 | 124,098 |
| 3 | Q2 2028 | Upon Handover (Q2 2028) | 40% | 303,826 | 82,732 | 206,830 |
| Total | 100% | AED 759,565 | USD 206,830 | |||
Cash-flow shape: 60% during the construction period (20% upon booking, 40% across milestones), 40% at handover (Q2 2028).
0% interest during construction — 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
18 features
Location
25.10013, 55.37475
Nearby
- GEMS First Point School, The Villa2.4 km
- Oasis Mall22.4 km
- Nad Al Sheba Park12.1 km
- Jumeira Public Beach24 km
- Dubai International Airport24.5 km
- Downtown Dubai19.1 km
About Dubailand Residence Complex
Learn about the construction phase of DubaiLand Residence Complex with information sourced directly from the government regulatory departments combined with our on-the-ground research. Join Propsearch Pro today to unlock the following data: Propsearch Research Data lock 5 Construction Photos Get Propsearch Pro task_alt Free Completely free, no credit card required. task_alt Anonymous Only a valid email is required. Get Free Access arrow_right
Explore Dubailand Residence ComplexAbout 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
Studio, 1, 2 & 3 bedroom apartments
Parking allocation
| Unit type | Bedrooms | Spaces |
|---|---|---|
| Apartment | 3 | 2 |
| Apartment | 2 | 1 |
| Apartment | 1 | 1 |
| Apartment | 0 | 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 782,843
≈ USD 213,168
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