Reef 998, Dubai Land Residence Complex: sale prices and transactions
Reef 998 is a project registered with the Dubai Land Department (project no. 3651) in Dubai Land Residence Complex. Since June 2025, 280 residential sales have been registered there, the latest in September 2026. Over the last 12 months, 187 sales closed at a median AED 16,639 per m² (AED 1,546 per sq ft).
- AED 16,639median price per m²
- AED 1,546median price per sq ft
- 280sales since 2025
- 187sales in 12 months
- -6%change year on year
Its price per m² is 10% above the Dubai Land Residence Complex median (AED 15,123/m²). All sales were registered off-plan: the project is sold before completion.
Reef 998 prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 50 | AED 759,566 | 38 m² |
| Apartment · 1 bedroom | 79 | AED 1,059,463 | 62 m² |
| Apartment · 2 bedrooms | 45 | AED 1,426,999 | 93 m² |
| Apartment · 3 bedrooms | 13 | AED 1,879,636 | 130 m² |
Reef 998 price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2025 | 155 | AED 17,258 | AED 1,603 | — |
| 2026 (to mid-October) | 125 | AED 16,639 | AED 1,546 | -3.6% |
Reef 998 off-plan: official sheet, progress and price list
Developer: Reef Luxury Development L.L.C, all projects
Neighbouring projects in Dubai Land Residence Complex
Same price per m² elsewhere in Dubai
- The Polo Residence, Meydan Racecourse Community — AED 16,630/m²
- DAMAC Riverside - Lush, Dubai Investment Park Second — AED 16,651/m²
- Urban Park Residences, Dubai Sports City — AED 16,620/m²
- Beach Oasis 2, Dubai Studio City — AED 16,667/m²
Other projects in Dubai Land Residence Complex
- Terra Tower — AED 16,609/m²
- Wadi Hills by HRE — AED 16,699/m²
- Cove Grand Residence by Imtiaz — AED 16,750/m²
- Weybridge Gardens 5 — AED 16,460/m²
- AUM 99 Residences — AED 16,415/m²
- ARLINGTON PARK By MAJID — AED 16,988/m²
- Khk 31 — AED 17,028/m²
- Samana Parkville — AED 16,235/m²
Dubai Land Residence Complex property prices · Dubai Land Residence Complex rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Reef 998?
Over the last 12 months the median is AED 1,546 per sq ft (AED 16,639 per m²) across 187 DLD sales.
How much is a studio at Reef 998?
Median sale price AED 759,566 for a median 38 m², across 50 sales over the last 12 months.
How many sales have been registered at Reef 998?
280 residential sales registered with the DLD between June 2025 and September 2026, 100% of them off-plan.
Where is Reef 998?
In Dubai Land Residence Complex (DLD area Wadi Al Safa 5), Dubai.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.