About Reef 996

Reef 996 is an off-plan development by REEF Luxury Developments in Dubai Production City, Dubai. Entry price is AED 605,349.

Located in Dubai Production City, Dubai, Reef 996 is a new off-plan residential project from Reef Luxury Development. Starting prices are from AED 605,349, and handover is expected in 2028.

Buying at launch means securing the unit early on a construction-linked payment plan tied to construction milestones, with the balance due on handover. Payments are held in a RERA-regulated escrow account and released to the developer against verified build progress, the structural protection every off-plan buyer relies on. You can browse more off-plan Dubai projects by community, developer and payment plan.

Dubai Production City

Reef 996 sits in Dubai Production City, one of the Dubai communities we track across our off-plan database. Location matters more off-plan than in a ready market, because you are buying against a master plan rather than a finished building, so connectivity, the surrounding pipeline and the developer's delivery record are worth confirming before you commit. See more off-plan projects in Dubai Production City.

The developer: Reef Luxury Development

Reef 996 is developed by Reef Luxury Development. On any off-plan purchase the developer's track record is central, it is the difference between a rendering and a delivered home. Confirm Reef Luxury Development's completed projects and handover history, and review the payment schedule and escrow arrangement before reserving. Their other launches are on the developers page.

Price and payment

Reef 996 starts from AED 605,349 on a construction-linked payment plan. As with any off-plan purchase, underwrite it on the rent a completed unit can achieve rather than on projected appreciation, and read the payment plan against your own cash flow before committing.

Common questions

Where is Reef 996 located?

Reef 996 is in Dubai Production City, Dubai. See other projects in the area on our Dubai Production City page.

How much does Reef 996 cost?

Starting prices are from AED 605,349, on a construction-linked payment plan. Register your interest for the full unit-by-unit price list.

When does Reef 996 hand over?

Handover is expected in 2028. Off-plan handover dates are developer estimates and can move; confirm the latest schedule before you reserve.

Is Reef 996 a good investment?

That depends on the entry price, the community's rental demand and your holding period. Off-plan rewards buyers who can hold through construction and into the next cycle; it punishes anyone who needs liquidity before handover. Review the numbers with a RERA-licensed advisor first.

Reef 996: registered sales in 2026

236 sales registered with the Dubai Land Department, 2 Jan – 27 Oct 2026, all off-plan

Home	Sales	Typical price	Typical size
Studio	130	AED 725,462	412 sq ft
1 bedroom	76	AED 1,163,993	760 sq ft
2 bedrooms	26	AED 1,565,948	1,049 sq ft
3 bedrooms	4	AED 2,105,509	1,347 sq ft

Typical price per sq ft: AED 1,647. These are prices buyers registered with DLD, which can differ from the developer's current price list.

"Typical" is the median: half of the sales were above it and half below. Source: Dubai Land Department open data. Updated weekly. Buyer names and unit numbers are not published by DLD.

About REEF Luxury Developments

REEF Luxury Developments is one of the larger developers on our books, with 6 projects across 4 Dubai communities. That volume is worth understanding before you buy: it means comparable stock, and comparable stock caps resale.

What do they build?

We list 6 projects from AED 605,349 up to AED 19,813,378. Handover on the ones still building runs to 2028.

Where do they build?

Downtown Dubai: 3 projects
Dubai Land: 1 project
Dubai Land Residence Complex: 1 project
Dubai Production City: 1 project

What should you check before buying?

How much of their own stock competes with yours. A developer selling many similar units in the same district is your competition on resale as well as your seller.
The handover date in writing, in the sale contract rather than the brochure. Published dates move, and a date already past is a warning rather than a detail.
The escrow account. Off-plan payments in Dubai go into a RERA regulated escrow and are released against verified construction progress. Confirm the account before paying anything.
Their delivery record. Ask what handover dates they announced on their last completed projects and when those actually handed over. That comparison tells you more than any brochure.

You can see every project we hold from REEF Luxury Developments on this page. To compare them against what else is available, browse off-plan projects and Dubai communities, or ask us which is actually worth buying.

All REEF Luxury Developments projects