REEF 999 — project image
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
Rental analysisSee scenario below

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.

Scenario Cap Rate
4.3%
NOI AED 202,943 / year
Cash-on-Cash
2.2%
Levered cashflow AED 47,738
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 2.16M / annual levered cash flow. Excludes time before letting.

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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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

Published payment summary

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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

REEF 999 location map
Project location

Nearby Destinations

Al Furjan

Developer and Project Facts

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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RERA Registered
Qualified Buyer Flow
Property Enquiries

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

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