Express your interest in this projectReef 997 Residences by Reef Developments is an off-plan low-density project on the Dubai Islands, offering 63 homes, including 1 to 4-bedroom beachfront apartments, premium duplexes and a signature penthouse. One of the striking features of this project is the patented outdoor cooling technology, which is among the first on the Dubai Islands to provide cooled amenities, offering greater comfort in warmer months.
Each residence will incorporate patented Sunken Balconies and Winter Gardens, creating outdoor areas that can be enjoyed in every season. In addition, residents will find several amenities, including an infinity swimming pool, a yoga area, a hammock forest, a gym, landscaped gardens, barbecue areas, an outdoor cinema and dedicated children’s spaces.
Reef 997 Residences by Reef Developments is an off-plan low-density project on the Dubai Islands, offering 63 homes, including 1 to 4-bedroom beachfront apartments, premium duplexes and a signature penthouse. One of the striking features of this project is the patented outdoor cooling technology, which is among the first on the Dubai Islands to provide cooled amenities, offering greater comfort in warmer months.
Each residence will incorporate patented Sunken Balconies and Winter Gardens, creating outdoor areas that can be enjoyed in every season. In addition, residents will find several amenities, including an infinity swimming pool, a yoga area, a hammock forest, a gym, landscaped gardens, barbecue areas, an outdoor cinema and dedicated children’s spaces.
| Milestone | % of Property Value to be Paid | |
|---|---|---|
Down Payment | 20% | |
Pre Handover • Payment Schedule | 40% | |
On Handover | 40% |
| Type | Area (sqft) | Price (AED) | Floor Plan |
|---|---|---|---|
| Type 1 - Multipurpose | 1,061 | - | |
| Type 2 | 836 | - | |
| Type 3 | 960 | - | |
| Type 3A | 781 | - | |
| Type 3B | 776 | 2.03M |
| Type | Area (sqft) | Floor Plan |
|---|---|---|
| Type 1 | 6,224 |
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On Bayut, the number of currently listed flats to buy in 997 Residences by Reef is 46.
As per the listings on Bayut, you can buy flats in 997 Residences by Reef within a budget of AED 2,074,950 to AED 7,178,682.
According to the last 6 months' listings on Bayut, a flat for sale in 997 Residences by Reef has an average asking price of around AED 3,222,553. These asking prices may vary depending on the property size, type, condition, etc.
The average asking price for apartments has witnessed a change of -1%. The change in price over the past 6 months can be due to the prevailing market conditions and new developments.
You can explore the following areas to purchase an apartment near 997 Residences by Reef:
If you are seeking top schools near 997 Residences by Reef, here's what is recommended:
Here's what you can find among the top nurseries:
According to Bayut's listing data in the past 6 months, the average prices of flats listed in locations close to 997 Residences by Reef are as follows:
As per DLD's data for the last 12 months, the total number recorded for apartments sold in 997 Residences by Reef is 19.
According to DLD’s transactional data, apartments in 997 Residences by Reef have sold at an average price of AED 2,303,351. Prices may go above or below the average depending on the apartment’s size, type, and location.
The prices of apartments in 997 Residences by Reef reflect a change of -2% over the past 6 months. The change can be attributed to the prevailing market conditions.
Below are average transaction prices of flats sold in areas close 997 Residences by Reef as per DLD's records:
