Reef 995
Off-Plan

Reef 995

From AED 700,000·Handover Q2 2027·60/40 Payment
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AED 700,000
Starting Price
Q2 2027
Handover
60/40
Payment Plan
1 Bedroom · 2 Bedroom
Type

Project Overview

Reef 995 is a contemporary mid-rise residential development in Dubai Land Residences Complex (DLRC) — a rapidly developing affordable residential zone in Dubailand, Dubai. Offering spacious 1, 2, and 3-bedroom apartments from AED 700,000 with a 60/40 payment plan and Q2 2027 handover, Reef 995 caters to families and investors seeking quality living space at competitive price points. DLRC offers a growing community of residential buildings, retail options, and easy highway access.

DLRC is part of the broader Dubailand development — a massive multi-use district spanning 107 sq km. The area is positioned as an affordable housing hub with improving amenities and strong highway connectivity, making it an attractive choice for mid-market buyers and yield-focused investors.

Project Specifications
DeveloperReef Developers
LocationDLRC, Dubai
Unit Types1 Bedroom, 2 Bedroom, 3 Bedroom
AreaDLRC
Buildings1
OwnershipFreehold
Est. ROI6-7%

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 30,205 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,105
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 45,500 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Reef 995 launch basis875AED 700,000Current launch / asking basis
DLRC ready-stock comps1,500AED 1.20MIndicative resale benchmark
DLRC premium peer launches1,850AED 1.48MNew-launch peer set
Trophy alternative proxy2,250AED 1.80MHigher-end anchor for negotiation context

Gallery

Reef 995 — View 2
Reef 995 — View 3
Reef 995 — View 4

Payment Structure

60%

During Construction

60% paid in instalments throughout the construction period

40%

On Handover

40% due on key collection — ideal for post-handover financing

Need a detailed payment schedule?

Our advisors provide full milestone breakdowns at no cost.

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Amenities & Lifestyle

Swimming Pool
Gymnasium & Fitness Centre
Children's Play Area
Landscaped Gardens
Covered Parking
24/7 Security & CCTV
Lobby & Reception
Ground Floor Retail
Central Air Conditioning
BBQ & Outdoor Lounge Area

Location

Nearby Destinations

Emirates Road — 5 min
Global Village — 15 min
Dubai Silicon Oasis — 15 min
Academic City — 10 min
Dubai International Airport — 25 min
Downtown Dubai — 30 min
Dubai Festival City — 20 min
DLRC, DubaiDLRCDubai, UAE

Developer Track Record

01

1, 2 & 3BR from AED 700,000 in DLRC

02

60/40 payment plan

03

Q2 2027 handover

04

Spacious layouts — excellent size-for-money

05

Growing community with improving amenities

06

Freehold — open to all nationalities

07

6-7% projected rental yields

08

Strong demand from families and mid-market tenants

09

Easy Emirates Road access

10

15 min from Global Village and Dubai Silicon Oasis

11

25 minutes from Dubai International Airport

12

Capital appreciation as DLRC matures

Secure Your Unit in Reef 995

Limited units available · Direct developer pricing

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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