DLD open data through 22 October 2026 · updated weeklyIndependent: no developer or broker pays to appear or to rank.
ZoneIQ

Reef 996

Under construction

by Reef Luxury Development · Dubai Production City

Updated 22 October 2026 · Source: DLD open data · Information, not financial advice. Not an official DLD product.

The median sale price in Reef 996 is AED 790,949 (AED 1,644 per sqft), 22% above the Dubai Production City median of AED 1,343 per sqft, from 236 sales in the last 12 months. It is 0% built, with handover planned for Sept 2028. The escrow account is at Abu Dhabi Islamic Bank.

Build progress0%
Planned handoverSept 2028
Units505
Median priceAED 790,949middle half AED 720K to AED 1.18M
Price / sqftAED 1,644area median AED 1,343
Sales, 12 months236240 since launch

Schedule check

Built0%
Planned time used35%

Build progress is 35 pts behind the share of time used.

Progress gap compares build progress with the share of planned time already used. A project 40% built after using 60% of its planned time shows -20 pts.

Registry details

Project number4062
Escrow bankAbu Dhabi Islamic Bank
Start date1 October 2025
Registered18 November 2025
DLD areaMe'Aisem First

Compare with other projects in Dubai Production City

ProjectDeveloperStatusMedian pricePrice / sqftSales
Reef 996Reef Luxury Development0%AED 791K1,644236
Centrium TowerEta Star Property DevelopersReadyAED 815K85451
Samana Sky ViewsSamana World Real Estate Development2%AED 973K1,530319
Vista By VisionClear Vision Real Estate Development12%AED 1.09M1,248309
LakesideThe WavesReadyAED 406K1,048184
Ivy At Park FiveDeyaar Development6%AED 1.14M1,456179
Soul By VisionVision Platinum Real Estate Development77%AED 948K1,172143

Areas: Dubai Production City

Other projects by Reef Luxury Development

Reef Luxury Development

Questions buyers ask

How much does a home in Reef 996 cost?

The median DLD sale price is AED 790,949 (AED 1,644 per sqft), from 236 sales in the last 12 months. The middle half of sales ran from AED 719,513 – AED 1.18M.

When is the handover of Reef 996?

The DLD registry shows a planned completion date of Sept 2028. Build progress is 0%. Build progress is 35 pts behind the share of time used.

Who is the developer of Reef 996?

Reef Luxury Development. The DLD registry lists 3 projects by this developer, 0 of them completed.

Ask before you buy off-plan

  • Is the project registered with DLD and is the escrow account in the developer's name at the bank shown here?
  • What share of the price must be paid before the developer allows resale?
  • What does the sale agreement say about delay compensation and the latest handover date?
  • Is the payment plan linked to construction milestones or to calendar dates?
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Source: DLD project registry and sales, via Dubai Data. Data through 22 October 2026. Registry dates can lag official extensions. Source · ZoneIQ gives information, not financial or investment advice. Figures are medians and estimates. Check any unit yourself before you commit.