Reef Luxury Development L.L.C: projects and off-plan sales in Dubai
Reef Luxury Development L.L.C is a property developer registered with the Dubai Land Department as developer no. 1944, registered on May 21, 2024. The official project register lists 5 projects under its name: 1 active, 0 completed and 4 not started or pending, with 676 registered units. From October 16, 2025 to October 16, 2026, 540 off-plan sales were registered in its projects, at a weighted median of AED 1,546 per sq ft.
- 5projects in the DLD register
- 1active projects
- 676registered units
- 540off-plan sales in 12 months
- AED 1,546weighted median per sq ft
Source: Dubai Land Department project and developer registers (open data), as of 15/06/2026. Source: Dubai Land Department open data, off-plan sales 16/10/2025 to 16/10/2026.
Reef Luxury Development L.L.C projects in the DLD register
Active projects first, then not started and completed. Projects without a public name are shown by their DLD number.
| Project | Community | Status | Progress | Planned end | Units |
|---|---|---|---|---|---|
| Reef 1000 | Dubai Land Residence Complex | active | 10.2% | December 2026 | 126 |
| Reef 996 | International Media Production Zone | pending | 0% | September 2028 | — |
| Reef 998 | Dubai Land Residence Complex | not started | 0% | June 2028 | 339 |
| 997 Residences by Reef Luxury Development | Palm Deira | not started | 0% | March 2028 | 63 |
| 999 Residences by Reef Luxury Development | Al Furjan | not started | 0% | June 2027 | 148 |
Source: Dubai Land Department project and developer registers (open data), as of 15/06/2026.
Reef Luxury Development L.L.C off-plan sales over 12 months
| Project | Off-plan sales | Median price | Median / sq ft |
|---|---|---|---|
| Reef 996 | 238 | AED 790,949 | AED 1,644 |
| Reef 998 | 187 | AED 1,077,134 | AED 1,546 |
| 999 Residences by Reef Luxury Development | 61 | AED 1,397,554 | AED 1,524 |
| Reef 1000 | 34 | AED 1,432,944 | AED 1,454 |
| 997 Residences by Reef Luxury Development | 20 | AED 2,175,938 | AED 2,618 |
Source: Dubai Land Department open data, off-plan sales 16/10/2025 to 16/10/2026.
Where does Reef Luxury Development L.L.C build?
Communities of its registered projects: Dubai Land Residence Complex, Al Furjan, Palm Deira, International Media Production Zone.
Other developers active in Dubai
- Ellington Properties Development L.L.C — 699 off-plan sales
- London Gate Real Estate Development L.L.C — 675 off-plan sales
- Jag Development L.L.C — 584 off-plan sales
- Imtiaz Cove Real Estate Development L.L.C — 490 off-plan sales
- Reportage Plus A Real Estate Development L.L.C — 489 off-plan sales
- Obj1 Real Estate Development L.L.C — 464 off-plan sales
Know a buyer?
If someone you know is interested in Reef Luxury Development L.L.C projects, you can refer them through the Sofara real estate ambassador programme: the buyer is guided by a licensed agency and you are kept informed of progress.
Frequently asked questions
How many projects does Reef Luxury Development L.L.C have in Dubai?
The DLD project register (as of 15/06/2026) lists 5: 1 active, 0 completed and 4 not started or pending.
Which Reef Luxury Development L.L.C project sells most off-plan?
Over the last 12 months, Reef 996 recorded 238 DLD-registered off-plan sales at a median AED 790,949.
Is Reef Luxury Development L.L.C registered with the Dubai authorities?
Yes: it is listed in the Dubai Land Department developer register as no. 1944 since May 21, 2024. For an off-plan purchase, check that the project is registered with the DLD and that your payments go to its escrow account.
How do I buy a Reef Luxury Development L.L.C property?
A RERA-licensed Cevitas advisor sends you the available units, the developer's price list and payment plan, then guides you through to the DLD registration of the sale, with no buyer commission on new launches.
Sources and method
Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).
Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.
Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.