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About Reef 998
Reef 998 is described as the third signature residential project by Reef Luxury Developments, located in Dubailand Residence Complex with studios and one- to three-bedroom apartments.
Launch pricing is around AED 759,000, and registered resale transactions in October 2025 ranged from about AED 697,000 for studios to AED 1.88 million for three-bedrooms.
Handover is scheduled for Q2 2028.
Pricing
Published pricing by configuration
As published by the sources listed at the foot of this page. Developer pricing changes between releases — confirm before relying on any figure.
At a glance
Reef 998 key facts
- Developer
- Reef Luxury Developments
- Community
- Dubailand Residence Complex
- Status
- Under construction
- Handover
- Q2 2028
- Starting price
- AED 759K
- Unit types
- Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom
- Ownership
- Freehold — open to all nationalities
Process
How to buy at Reef 998
- 01
Shortlist and reserve
Choose a unit type and view at Reef 998 and secure it with the booking deposit.
- 02
Sign the SPA
Reef Luxury Developments issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion (scheduled Q2 2028), the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Active secondary transactions since launch
- Three-bedroom family layouts
- Developer's signature outdoor-cooling design
What to weigh
- Pricing quoted from AED 759K to 1.5M depending on source
- 2028 handover
- Growing DLRC supply
FAQ
Reef 998 — frequently asked questions
What is the starting price of Reef 998?
Published pricing at Reef 998 starts from AED 759K. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Reef 998?
Reef 998 is scheduled for handover in Q2 2028. Off-plan timelines can move, so confirm the current schedule before committing.
Who is the developer of Reef 998?
Reef 998 is developed by Reef Luxury Developments in Dubailand Residence Complex, Dubai.
What unit types are available at Reef 998?
Reef 998 offers Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom.
Where is Reef 998 located?
Reef 998 is in Dubailand Residence Complex, Dubai.
Can foreigners buy at Reef 998?
Yes. Dubailand Residence Complex is a freehold area, so buyers of any nationality can own property at Reef 998 outright.
Does buying at Reef 998 qualify for the UAE Golden Visa?
The entry price of AED 759K is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Reef 998?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 30K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Reef 998?
MRK Real Estate advises on primary purchases and resales at Reef 998. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Reef Luxury Developments before any transaction.
