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 its exclusive Sunken Balcony concept featuring outdoor cooling, blending nature, comfort and innovation. This forward-thinking development offers smartly planned units with elegant finishes, where luxury meets value. With a building configuration designed to maximize space and light, Reef 998 is more than an investment — it is a lifestyle reimagined, offering residents a calm, connected community with direct access to key destinations.
Residents enjoy an exceptional array of over twenty lifestyle amenities designed to enrich every aspect of daily life. The first floor features an infinity swimming pool, kids' pool, kids' playground, jogging track, gym, outdoor cinema, zip line, BBQ area, yoga, co-working zone, crossfit, boxing, wall climbing, floating lounge, sunken seating, baja shelf, hammock forest area, and aqua gym. The roof floor adds cricket, padel court, squash court, skate park, multi-purpose court, and multiple seating areas. Every detail is crafted to inspire wellness, connection, and recreation.
Every apartment at Reef 998 is crafted with attention to detail, combining refined aesthetics with exceptional quality. Kitchens feature built-in appliances from Bosch, offering seamless performance and sleek German engineering. Bathrooms showcase sophisticated fittings from Grohe, a trusted name in premium sanitary ware. From high ceilings and expansive windows to carefully selected finishes and fixtures, each residence is a sanctuary of style, comfort, and practicality.
Location description and benefits
Nestled in Dubai Land Residence Complex, this exceptional location is gaining recognition for its investment potential with growing demand, proximity to landmarks including Dubai Silicon Oasis, Academic City, and the Dubai Metro extension, and a wealth of community amenities. Shopping, dining, fitness centers, and recreational facilities are all within reach, while schools, parks, and healthcare facilities make it a family-friendly destination.
The location is distinguished by its strategic connectivity to key destinations. IMG Worlds of Adventure, Global Village, Dubai Outlet Mall, Dubai Silicon Oasis, Desert Palm Polo Club, Dubai International Airport, Dubai Safari Park, Downtown Dubai, Meydan Racecourse, Dubai Mall, Burj Khalifa, Dubai Frame, Dubai Creek, Mall of the Emirates, Jebel Ali Racecourse, Dubai Marina, Jumeirah Islands, Palm Jumeirah, and Expo City Dubai are all within easy reach.
For those seeking a residence that embodies innovation, community connection, and a prime Dubai address, Dubai Land Residence Complex delivers an unmatched lifestyle. Its unique combination of affordable living, world-class amenities, and strategic connectivity makes it one of Dubai's most desirable destinations. This is a place where one can feel the luxury and live the innovation.
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
469-1011 sqft
Range across 5 layout variants
3 bedrooms
1397-1397 sqft
Range across 2 layout variants
Full floor-plan pack
30 Months Post Handover (Q2 2028) Payment PlanInterest-free incl. post-handover
- 1.70%
During construction
- 2.30%
Within 30 months post-handover (Q2 2028) (1% per month)
Payment Plan 55/45Interest-free during construction
- 1.55%
During construction
- 2.45%
Upon 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 | 70% | 531,696 | 144,781 | 144,781 |
| 2 | Between Q2 2028 and Q4 2030 | Within 30 months post-handover (Q2 2028) (1% per month) | 30% | 227,870 | 62,049 | 206,830 |
| Total | 100% | AED 759,566 | USD 206,830 | |||
Cash-flow shape: 70% during the construction period (0% upon booking, 70% across milestones), 30% 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
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
DubaiLand is a large-scale mixed-use development launched in 2004, located in Dubai's southwestern region. The area is approximately 24 minutes by car from Dubai Mall, 29 minutes from Burj Al Arab, and 30 minutes from Palm Jumeirah, with both Dubai International and Al Maktoum International Airports accessible within 35-36 minutes. The development comprises multiple sub-communities including 180 Degree, Afnan District, Alandalus, and Alaya Beach, offering diverse residential options across a master-planned urban landscape.
Explore Dubailand Residence ComplexAbout 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 | 3 | 2 |
| Apartment | 2 | 1 |
| Apartment | 1 | 1 |
| Apartment | 0 | 1 |
Marketing brochure
Frequently asked questions
About Reef 998
What is the starting price for Reef 998?
Prices at Reef 998 start from AED 815,462. 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 998?
Reef 998 offers 2 payment plan options: 30 Months Post Handover Payment Plan, Payment Plan 55/45. 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 998 hand over?
Handover of Reef 998 is planned for Q2 2028. Handover dates are set by the developer and can shift, so treat the date as a target, not a guarantee.
Where is Reef 998 located?
Reef 998 is located in Dubailand Residence Complex, Dubai. The location section on this page has the map and nearby points of interest.
Who is the developer behind Reef 998?
Reef 998 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.
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Price
from AED 815,462
≈ USD 222,050
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