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About Reef 999
Reef 999 is an Al Furjan apartment project by Reef Luxury Developments, released in November 2024 with one- to four-bedroom homes.
Arabian Business reported pricing from about AED 1.16M, with Property Finder citing about AED 1.2M; the standard plan is 20% at booking, 40% during construction and 40% on handover.
Handover is most often cited as Q1 2027, though some listings give Q3 or Q4 2027.
Payment
Payment plan
20/40/40 — 20% on booking, 40% during construction, 40% on handover
At a glance
Reef 999 key facts
- Developer
- Reef Luxury Developments
- Community
- Al Furjan
- Status
- Under construction
- Handover
- Q1 2027
- Starting price
- AED 1.16M
- Unit types
- 1 Bedroom, 2 Bedroom, 3 Bedroom, 4 Bedroom
- Payment plan
- 20/40/40
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 1.16M. Amounts scale with the unit you choose.
Units priced at AED 2M or more qualify for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at Reef 999
- 01
Shortlist and reserve
Choose a unit type and view at Reef 999 and secure it with the booking deposit set out in the payment plan.
- 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 Q1 2027), 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
- Established Al Furjan community
- Larger four-bedroom options
- Balanced 20/40/40 plan
What to weigh
- Handover dates vary across sources
- Resale pricing varies widely by layout
FAQ
Reef 999 — frequently asked questions
What is the starting price of Reef 999?
Published pricing at Reef 999 starts from AED 1.16M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Reef 999?
Reef 999 is scheduled for handover in Q1 2027. Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Reef 999?
20/40/40 — 20% on booking, 40% during construction, 40% on handover
Who is the developer of Reef 999?
Reef 999 is developed by Reef Luxury Developments in Al Furjan, Dubai.
What unit types are available at Reef 999?
Reef 999 offers 1 Bedroom, 2 Bedroom, 3 Bedroom, 4 Bedroom.
Where is Reef 999 located?
Reef 999 is in Al Furjan, Dubai.
Can foreigners buy at Reef 999?
Yes. Al Furjan is a freehold area, so buyers of any nationality can own property at Reef 999 outright.
Does buying at Reef 999 qualify for the UAE Golden Visa?
The entry price of AED 1.16M 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 999?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 46K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Reef 999?
MRK Real Estate advises on primary purchases and resales at Reef 999. 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.
