REEF 999
Off-Plan

REEF 999

From AED 4.70M·Handover Jun 2027·20% down payment Payment
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AED 4.70M
Starting Price
Jun 2027
Handover
20% down payment
Payment Plan
4 BR · Penthouse
Type

Project Overview

REEF 999 is a modern residential complex from the developer of elite projects REEF Luxury Developments. The project is located in the prestigious Al Furjan neighborhood. The building consists of two 12-storey residential towers connected by podium and have a common ground floor. The architecture of the building has a modern design with elegant facades. The apartments in REEF 999 are available in 1 to 3 bedroom and 4 bedroom villas. The interiors are designed using high quality materials combining contemporary style and functionality. Each residence features spacious rooms, panoramic windows and stylish kitchens with modern appliances. The company is proud of its patented climate-controlled sunken balcony concept, which is a unique feature in the real estate market. Residents can enjoy a wide range of amenities including a climate-controlled winter garden, swimming pools, gym, pickleball courts and others. REEF 999 is in close proximity to Dubai's key attractions and transportation hubs. Ibn Battuta Mall is just 10 minutes away and Dubai Parks and Resorts is 15 minutes away. Proximity to Al Furjan Metro Station (Route 2020) provides easy access to other areas of Dubai including Downtown Dubai and Dubai Marina, which are 20-25 minutes away.

Project Specifications
DeveloperREEF Luxury Developments
LocationAl Furjan
Unit Types4 BR, Penthouse
AreaAl Furjan
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

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 202,943 / year
Cash-on-Cash
2.2%
Levered cashflow AED 47,738
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 305,708 / 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 999 launch basis5,226AED 4.70MCurrent launch / asking basis
Al Furjan ready-stock comps1,100AED 990,000Indicative resale benchmark
Al Furjan premium peer launches1,350AED 1.22MNew-launch peer set
Trophy alternative proxy1,550AED 1.40MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from REEF Luxury Developments.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

REEF 999 — 1 Bedroom Floor Plan

Amenities & Lifestyle

Accessibility for people with disabilities
BBQ
Basketball court
Children’s pool
Covered Parking
Covered gym
Coworking zone
Dining outlets (coffee houses & restaurants)
Golf course
Jogging tracks
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lobby
Meditation zone
Outdoor cinema
Paddle court
Recreational areas
SPA
Security and CCTV
Shared Jacuzzi
Shared Pool
Shared gym
Shared gym & fitness
Smart home
Social zone
Sports ground
Tennis court
Walking paths
Yoga studio

Location

Al Furjan

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Al FurjanAl FurjanDubai, UAE

Developer Track Record

01

REEF 999 by REEF Luxury Developments

02

Located in Al Furjan

03

Starting from AED 4,703,204

04

Unit mix includes 4 BR, Penthouse

05

Expected handover: Jun 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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