
REEF 996, a residential complex developed by REEF Developments, is a modern building located in Dubai Production City. The building has a basement level, a ground floor, three podium levels and twenty residential floors. The architecture of the project emphasizes the harmony of nature and innovation, and the facade is made using high-quality aluminum systems of the European brand, providing energy efficiency, durability and elegant appearance. The complex offers apartments of various formats: studios, as well as apartments with one, two and three bedrooms. The interiors of the apartments are decorated with special attention to detail and quality: high ceilings, panoramic windows, exquisite materials and premium fittings. The kitchens are equipped with built-in appliances from premium brands. The key feature of REEF 996 is the presence of the world's first outdoor refrigerated garden lounge areas, as well as patented refrigerated recessed balconies. The complex's facilities include a lobby, a cinema area, a barbecue, sports fields, yoga, pilates and crossfit halls, a climbing wall, swimming pools, a jacuzzi, and a play area for children. REEF 996 provides quick access to many key points in Dubai: to Dubai Marina, Dubai Miracle Garden, Jumeirah Beach Residence and Mall of the Emirates — 10 minutes, to Palm Jumeirah, Global Village and DWC — 15 minutes, to Burj Khalifa and Dubai Mall — 20 minutes, to DXB — 25 minutes.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| REEF 996 launch basis | 854 | AED 768,318 | Current launch / asking basis |
| Dubai Production City ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Dubai Production City premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |

























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Dubai Production City
REEF 996 by REEF Luxury Developments
Located in Dubai Production City
Starting from AED 768,318
Unit mix includes Studio, 1 BR, 2 BR, 3 BR
Expected handover: Sep 2028
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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