REEF 997
Project Overview
REEF 997 is a prestigious residential complex by REEF Developments, situated on Dubai Islands. The building’s facade features premium aluminum systems by Gutmann, offering visual lightness, timeless elegance, high energy efficiency, durability, and protection against the region’s climate. The structure comprises a ground floor, a two-level podium, and eight residential floors, blending architectural sophistication with functional design. The complex offers exclusive 1- 2 bedroom residences, 3 bedroom duplexes, and a 4 bedroom penthouse. Interiors are meticulously crafted with high ceilings, panoramic windows, and refined finishes. Kitchens are equipped with built-in Bosch appliances, while bathrooms feature advanced Grohe sanitaryware. Residents enjoy an extensive array of amenities: an infinity pool, a kid's pool, a jacuzzi, an outdoor cinema, a fully equipped gym, a yoga area, a children’s playground, a BBQ zone, a communal vegetable garden, and more. A globally patented innovation — climate-controlled sunken balconies and winter gardens ensures year-round comfort in private outdoor spaces. Strategically located on Dubai Islands, REEF 997 offers serene island living with easy access to the city’s landmarks: just 5 minutes to Waterfront Market, 10 minutes to Dubai Creek, approximately 15 minutes to DXB Airport, and within 20–25 minutes to Burj Khalifa, Dubai Mall, Palm Jumeirah, and Dubai Marina.
Illustrative Rental Scenario
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Official Documents
Download official marketing materials from REEF Luxury Developments.
Payment Structure
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Amenities & Lifestyle
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Developer and Project Facts
REEF 997 by REEF Luxury Developments
Located in Dubai Islands
Starting from AED 3,229,399
Unit mix includes 2 BR, 3 BR, Apartments
Expected handover: Mar 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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