Area view, not a building-specific photograph
Reef 998, Dubai
Homes sold for a median AED 1,546 per sq ft. There were 195 sales in the last 12 months.
Under construction in the register in Dubai Land Residence Complex. A typical 1-bedroom home sold for AED 1,067,001.
Get a price for Reef 998- Median sold price
- AED 1,546
- Per sq ft, 12 months to 5 Oct 2026
- Change in a year
- -4.3%
- ↓ −4.3%
- Registered sales
- 195
- 12 months
- Lowest recent sale
- AED 510,000
- Recent sales shown below
- Project status
- Active
- Project register to 22 Oct 2026
- Construction progress
- 2%
- Registered completion
- Jun 2028
- Typical price
- StudioAED 759,0001BRAED 1.07M2BRAED 1.43M
- Rounded registered medians, the last 12 months to 5 Oct 2026
Price per sq ft over five years
Median sold price each quarter, against the Dubai Land Residence Complex median. Gaps mean fewer than 3 sales that quarter.
Reef 9981,583Last recorded: 2026 Q3
Dubai Land Residence Complex median1,392Last recorded: 2026 Q3
Exact registered values are available in the data table below.
View chart data
| Period | Reef 998 | Dubai Land Residence Complex median |
|---|---|---|
| 2021 Q4 | Not reported | 862 |
| 2022 Q1 | Not reported | 840 |
| 2022 Q2 | Not reported | 882 |
| 2022 Q3 | Not reported | 820 |
| 2022 Q4 | Not reported | 861 |
| 2023 Q1 | Not reported | 990 |
| 2023 Q2 | Not reported | 973 |
| 2023 Q3 | Not reported | 1,010 |
| 2023 Q4 | Not reported | 872 |
| 2024 Q1 | Not reported | 941 |
| 2024 Q2 | Not reported | 1,235 |
| 2024 Q3 | Not reported | 1,326 |
| 2024 Q4 | Not reported | 1,310 |
| 2025 Q1 | Not reported | 1,351 |
| 2025 Q2 | 1,695 | 1,354 |
| 2025 Q3 | 1,603 | 1,448 |
| 2025 Q4 | 1,594 | 1,487 |
| 2026 Q1 | 1,530 | 1,474 |
| 2026 Q2 | 1,463 | 1,480 |
| 2026 Q3 | 1,583 | 1,392 |
Source: Land Department open data, 5 Oct 2026. Prices describe homes sold, not a valuation.
By number of bedrooms
Compare the median price paid for each home size.
| Home | Sales | Median price, rounded | Size, sq ft | AED per sq ft | Area rent a year | Rent-to-price comparison |
|---|---|---|---|---|---|---|
| Studio | 53 | AED 759,000 | 411 | 1,848 | AED 38,000 | 5.0% |
| 1 bedroom | 82 | AED 1.07M | 671 | 1,590 | AED 51,000 | 4.8% |
| 2 bedrooms | 46 | AED 1.43M | 1,004 | 1,422 | AED 65,000 | 4.6% |
| 3 bedrooms | 13 | AED 1.88M | 1,397 | 1,345 | AED 91,000 | 4.8% |
Source: Land Department open data. Sale medians cover the last 12 months, to 5 Oct 2026. Rent source: Dubai Data (datadubai.ae), Continental Club Property. Area rents: Ejari, Dubai Land Residence Complex.
Rents cover the whole community, not this building alone. They are the median Ejari rent for each home size. The rent-to-price comparison uses area rent and this building's sale median, before costs. It is not an observed building lease yield. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated.
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Latest registered sales
Compare the recorded prices, sizes and dates of the Reef 998 sales shown below.
| 2026-09-08 | Studio | Off-Plan | 477 | 829,827 | 1,740 |
| 2026-08-12 | 1 bedroom | Off-Plan | 671 | 1,006,490 | 1,500 |
| 2026-08-10 | 1 bedroom | Off-Plan | 671 | 1,078,924 | 1,608 |
| 2026-08-07 | 2 bedrooms | Off-Plan | 1,002 | 1,280,664 | 1,278 |
| 2026-07-30 | Studio | Off-Plan | 478 | 840,527 | 1,758 |
| 2026-07-30 | 1 bedroom | Off-Plan | 671 | 1,059,463 | 1,579 |
| 2026-07-29 | Studio | Off-Plan | 287 | 510,000 | 1,777 |
| 2026-07-27 | 2 bedrooms | Off-Plan | 1,002 | 1,436,044 | 1,433 |
Source: Land Department open data, 5 Oct 2026. Records don't include unit numbers, so individual homes can't be identified.
What a 1-bedroom home in Reef 998 really costs
Use your purchase price, rent and charges to compare the cash needed and income after costs.
These inputs are examples. Sale medians and community rents help you start. They are not a quote for a home for sale.
Where your purchase costs go
The chart shows how the one-off purchase fees are divided for your inputs.
- Cash you need on day one
- AED 1,136,328
- Net yield after costs
- Add your service charge
| DLD transfer fee | AED 42,680 |
|---|---|
| DLD admin fee | AED 40 |
| Registration trustee fee (incl. VAT) | AED 4,200 |
| Agent commission (incl. VAT) | AED 22,407 |
| Total fees | AED 69,327 |
- Monthly mortgage payment
- AED 0
- Service charge a year
- Add your service charge
- Gross yield
- 4.8%
Source: fee schedule dated 2026-10-14. DLD transfer 4%, trustee and admin fees, mortgage registration 0.25% + AED 290, agent 2% + VAT. Official fee references and labelled calculator planning assumptions. Confirm the itemised charges in writing before a deal.
Open these figures in the full calculator
Price and size are this building's medians. Rent is the area-level Ejari median for a 1-bedroom home in Dubai Land Residence Complex. Add the building's service charge from the Land Department's Service Charge Index to see the net yield.
Project register and escrow
Reef Luxury Development. Project status: active.
- Registered completion
- 30 Jun 2028
- Construction progress
- 2%
- Escrow bank
- Abu Dhabi Islamic Bank
Source: Land Department project register, 22 Oct 2026. A registered completion date can be extended. Confirm the latest project status in the Dubai REST app; payment-plan terms must be checked with the developer.
Other buildings in Dubai Land Residence Complex
Compare registered prices and sales, busiest first.
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Kensington Gardens
Le Blanc Residence by Imtiaz
Peace Lagoons II by Peace Homes
Peace Lagoons by Peace Homes
Location: Dubai Land Residence Complex
This map marks the parent area. It does not show the entrance or exact building position.
Questions people ask
These answers explain the prices and registered sales shown for Reef 998.
What is the price per sq ft in Reef 998?
The median sold price was AED 1,546 per sq ft. There were 195 sales over the last 12 months to 5 Oct 2026. Prices changed by -4.3% from the 12 months before. The last sale was on 8 Sept 2026.
How much does a 1-bedroom home in Reef 998 cost?
The median price for a 1-bedroom home was AED 1,067,001. The median size was about 671 sq ft. This covers 82 sales in the last 12 months.
What rent does a 1-bedroom home near Reef 998 get?
The median rent for that home size in Dubai Land Residence Complex was AED 51,000 a year. The publisher sample has 3,497 Ejari contract records. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. The rent-to-price comparison is about 4.8%, before costs. This uses the building's median sale price and area rent. It is not an observed lease yield for this building.
Is Reef 998 expensive for Dubai Land Residence Complex?
Reef 998 sells at 5.4% above the Dubai Land Residence Complex median of AED 1,467 per sq ft, comparing both over the last 12 months.
Sources
Source update: 26 Oct 2026. Source: Dubai Land Department open data via Dubai Pulse, re-published by Dubai Real Estate Data (dataset), licensed CC BY 4.0. Sales to 5 Oct 2026. aggregated to medians; non-residential, land and flagged rows excluded. Source for rents, yields and project records: Dubai Data (datadubai.ae), Continental Club Property, based on Dubai Land Department open data, data to 22 Oct 2026, licensed CC BY 4.0. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. Publisher-reported gross yields use the publisher matched-segment sale-price denominator, not this page’s sale median; the matched-sale reporting period is not stated.