Reef 1000: off-plan project in Dubai Land Residence Complex

Reef 1000 is an off-plan residential apartment project in Dubai Land Residence Complex, registered with the Dubai Land Department as project no. 3219 and developed by Reef Luxury Development L.L.C. From October 16, 2025 to October 16, 2026, 34 off-plan sales were registered there at a median price of AED 1,432,944 (AED 1,454 per sq ft); 80% of sales fall between AED 595,378 and AED 2,027,852.

  • 34off-plan sales in 12 months
  • AED 1,432,944median sale price
  • AED 1,454median price per sq ft
  • 10.2%construction progress (DLD)
  • December 2026end date in the register
  • 126registered units

Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026. Source: Dubai Land Department project register (open data), as of 15/06/2026.

What the figures say

  • Positioning: at AED 1,454 per sq ft, Reef 1000 is in line with the median of off-plan sales across the 58 projects tracked in Dubai Land Residence Complex (AED 1,508 per sq ft), and 17.7% below the median of Dubai off-plan sales (AED 1,768 per sq ft).
  • Sales pace: 34 off-plan sales in 12 months, about 3 a month; number 45 by sales in Dubai Land Residence Complex over the period.
  • Construction: 10.2% complete in the DLD register, construction is at an early stage; planned end December 2026.
  • Profile: the best-selling type (apartment · 2 bedrooms) makes up 47.1% of sales, alongside 2 other types.

Reef 1000: official project sheet

Details from the project register kept by the Dubai Land Department. Off-plan payments go to the project's escrow account, as required by Dubai Law No. 8 of 2007.

ItemDLD register
DLD project number3219
Registered developerReef Luxury Development L.L.C (developer no. 1944)
Master developerDubai Land Residences (L.L.C)
Community (master project)Dubai Land Residence Complex
DLD areaWadi Al Safa 5
Register statusactive
Construction progress10.2%
Project startNovember 1, 2024
Planned endDecember 30, 2026
Registered units126 units
Buildings1
Escrow accountescrow agent registered with the DLD for this project

Source: Dubai Land Department project register (open data), as of 15/06/2026.

Reef 1000 off-plan prices by unit type

Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · studio, at a median AED 582,168.

Unit typeSalesMedian priceRange (AED)Median sizePrice / sq ft
Apartment · Studio6AED 582,168572,164 – 614,27244 m² (474 sq ft)AED 1,226
Apartment · 1 bedroom12AED 1,340,2881,068,564 – 1,430,12283 m² (893 sq ft)AED 1,461
Apartment · 2 bedrooms16AED 1,826,8221,561,707 – 2,421,572116 m² (1,249 sq ft)AED 1,462

Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.

To turn one of these prices into a payment schedule, use OffPlanSimulator's off-plan payment plan calculator, then add registration fees with the Dubai buying costs calculator.

Sales by unit type

Apartment · 2 bedrooms: 47.1% of off-plan sales, with a median size of 116 m² (102 to 146 m² for 80% of them).

  • Apartment · 2 bedrooms: 47.1% (16 sales)
  • Apartment · 1 bedroom: 35.3% (12 sales)
  • Apartment · Studio: 17.6% (6 sales)

Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.

Reef 1000 off-plan price by quarter

The median off-plan price per sq ft moved from AED 1,441 in Q4 2024 to AED 1,378 in Q2 2026 (-4.4%). Quarter-to-quarter changes also reflect the mix of units sold.

QuarterOff-plan salesMedian / sq ftChange
Q4 202426AED 1,441—
Q1 202533AED 1,462+1.4%
Q2 20254AED 1,507—
Q3 20254AED 1,475—
Q4 202514AED 1,428—
Q1 20266AED 1,500+5%
Q2 202611AED 1,378-8.1%
Q3 20263AED 1,582—

Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.

Rents in Dubai Land Residence Complex

To gauge the rental market around Reef 1000: annual rents of Ejari contracts registered in Dubai Land Residence Complex over the last 12 months (7,706 contracts).

Unit typeContractsMedian annual rentMiddle 50% range
Apartment · Studio1,994AED 38,00034,000 – 42,000
Apartment · 1 bedroom3,603AED 51,00046,014 – 57,000
Apartment · 2 bedrooms1,961AED 65,00058,800 – 75,000
Apartment · 3 bedrooms147AED 91,00086,000 – 105,000

To compare a market rent with your purchase price and running costs, the rental yield calculator works it through step by step.

Source: Dubai Land Department, Ejari rent contracts (open data), 20/10/2025 to 20/10/2026.

Where is Reef 1000?

Reef 1000 is in Dubai Land Residence Complex (DLD area Wadi Al Safa 5), Dubai.

  • Nearest landmark: IMG World Adventures

Source: Dubai Land Department, reference points attached to registered sales.

View Reef 1000 on Google Maps

Further reading

Other off-plan projects in Dubai Land Residence Complex

More projects by Reef Luxury Development L.L.C

Same budget elsewhere in Dubai (around AED 1,432,944)

Projects presented by Cevitas

Off-plan projects in Dubai · Dubai property prices by area

Frequently asked questions

How much does a home at Reef 1000 cost?

Over the last 12 months, the 34 off-plan sales registered with the DLD show a median price of AED 1,432,944, or AED 1,454 per sq ft; 80% fall between AED 595,378 and AED 2,027,852. The developer's current prices are on its price list.

When will Reef 1000 be completed?

In the DLD project register (as of 15/06/2026), the project is "active", 10.2% complete, with a planned end date of December 30, 2026. The handover date is confirmed by the developer.

Who is the developer of Reef 1000?

The DLD register lists Reef Luxury Development L.L.C (developer no. 1944), in a community developed by Dubai Land Residences (L.L.C).

What unit types are sold at Reef 1000?

Off-plan sales over the last 12 months cover: apartment · 2 bedrooms (16), apartment · 1 bedroom (12), apartment · studio (6). Best-selling type: apartment · 2 bedrooms, at a median AED 1,826,822 for 116 m².

Has the price per sq ft at Reef 1000 changed?

The median off-plan price moved from AED 1,441 per sq ft in Q4 2024 to AED 1,378 in Q2 2026, based on DLD-registered sales.

How do I get the Reef 1000 price list and payment plan?

Ask with the "Get the price list" button or on WhatsApp at +971 55 772 2710: a RERA-licensed Cevitas advisor sends you the available units, the developer's prices and the current payment plan, 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.

Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), median annual rent of residential contracts over the last 12 months in the area.

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.