New homes in Reef 995 start at AED 740,000; keys are due Sep 2028; you pay 20% to book, 40% while it is built and 40% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 1,790 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Dubai Land Residence Complex. Their median price is AED 1,582 per sq ft (about AED 669,000 at 423 sq ft). This project's from price is AED 1,749 per sq ft (AED 740,000 for its smallest home, 423 sq ft), 11% more.
Keys
Sep 2028
The developer's handover date
Payment plan
20 / 40 / 40
20% to book, 40% while it is built, 40% at the keys
Bedrooms
Studio to 3 beds
Sizes
423 to 1,095 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 1,749 per sq ft
Similar off-plan homes: AED 1,582 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. The developer can give you its RERA project number.
Paying for it
You pay 20% when you book, 40% as the building goes up, and 40% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 20%
Booking
20%
AED 148,000+ AED 29,600 DLD fee
AED 177,600
Feb 2027While it is built · 5.7%
While it is built
5.7%
AED 42,286
AED 219,886
May 2027While it is built · 5.7%
While it is built
5.7%
AED 42,285
AED 262,171
Jul 2027While it is built · 5.7%
While it is built
5.7%
AED 42,286
AED 304,457
Oct 2027While it is built · 5.7%
While it is built
5.7%
AED 42,286
AED 346,743
Jan 2028While it is built · 5.7%
While it is built
5.7%
AED 42,286
AED 389,029
Apr 2028While it is built · 5.7%
While it is built
5.7%
AED 42,285
AED 431,314
Jun 2028While it is built · 5.7%
While it is built
5.7%
AED 42,286
AED 473,600
Sep 2028Keys · 40%
Keys
40%
AED 296,000
AED 769,600
Booking payment, 20%
AED 148,000
Dubai Land Department fee (Oqood), 4%
AED 29,600
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 177,600
Total costPrice plus the DLD fee
AED 769,600
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 1,790 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Dubai Land Residence Complex, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across Dubai Land Residence Complex, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 1,790 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Dubai Land Residence Complex, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,582 per sq ft
AED 884 to AED 1,027 per sq ft
27 sales
AED 1,027 to AED 1,170 per sq ft
36 sales
AED 1,170 to AED 1,314 per sq ft
158 sales
AED 1,314 to AED 1,457 per sq ft
253 sales
AED 1,457 to AED 1,600 per sq ft
485 sales
AED 1,600 to AED 1,744 per sq ft
490 sales
AED 1,744 to AED 1,887 per sq ft
290 sales
This project's from price is in this band.
AED 1,887 to AED 2,030 per sq ft
51 sales
AED 884 per sq ftAED 2,030 per sq ft
This project AED 1,749 per sq ft
Half of the sales sold for AED 1,446 to AED 1,707 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 884 to AED 1,027 per sq ft
27
AED 1,027 to AED 1,170 per sq ft
36
AED 1,170 to AED 1,314 per sq ft
158
AED 1,314 to AED 1,457 per sq ft
253
AED 1,457 to AED 1,600 per sq ft
485
AED 1,600 to AED 1,744 per sq ft
490
AED 1,744 to AED 1,887 per sq ft
290
AED 1,887 to AED 2,030 per sq ft
51
The 3 closest sales
Picked from the 1,790 similar sales above, closest in size to this project's smallest home.
May 2026AED 858,569AED 2,030 per sq ftLe Blanc Residence by Imtiaz, 423 sq ft
May 2026AED 775,107AED 1,833 per sq ftLe Blanc Residence by Imtiaz, 423 sq ft
May 2026AED 721,628AED 1,706 per sq ftLe Blanc Residence by Imtiaz, 423 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Dubai Land Residence Complex in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 740,000 here
Off-plan medianAED 700,000AED 1,629 per sq ft
Sales3,041
11% above 1,790 similar sales
1-bed apartment
Off-plan medianAED 1,099,000AED 1,376 per sq ft
Sales2,718
2-bed apartment
Off-plan medianAED 1,578,000AED 1,269 per sq ft
Sales1,102
3-bed apartment
Off-plan medianAED 2,218,000AED 1,343 per sq ft
Sales288
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
5.4%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
4.5%
Typical gross yield of similar ready homes
9.4%
Median rent of studio apartments in Dubai Land Residence Complex
AED 40,000 a year
Service charge a year, from the keysThe area median, AED 13 per sq ft from 8 buildings, as of 2023, for the smallest home (423 sq ft)
AED 5,499
Rent contracts counted
983
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 40,000 a year
1-bed apartment
AED 56,000 a year
2-bed apartment
AED 74,000 a year
3-bed apartment
AED 110,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 40,000 ÷ AED 740,000 = 5.4%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Gems First Point School (The Villa)800 m, 13 min walkSchool
GEMS Wellington Academy2.8 km, 10 min driveBritish school
Indian International School2.7 km, 10 min driveIndian school
Reef 995 is a Reef Luxury Developments apartment project in Dubai Land Residence Complex, with studios to 3-bedroom homes from AED 740,000 and a listed handover in September 2028. Its from price per square foot is 11% above 1,790 similar studio sales in the area over the 12 months to November 2026.
Start with the price. The Dubai Land Department registered 1,790 studio off-plan sales in Dubai Land Residence Complex in the 12 months to November 2026. Reef 995's from price per square foot is 11% above their median. Those sales cover the whole area.
The listed plan is 20% on booking, 40% during construction and 40% on handover. At the from price that is AED 148,000, then AED 296,000 during the build and AED 296,000 at handover. The 4% Land Department fee adds AED 29,600. The developer's description quotes a different four-part plan, so confirm the schedule in writing before you pay.
The listed sizes run from 423 sq ft for a studio to 1,095 sq ft for three bedrooms, with one-bedroom homes of 585 sq ft and two-bedroom homes of 940 sq ft. The developer lists an infinity pool, a gym, jogging paths, wellness areas and landscaped French courtyards. The listed handover is about 22 months away.
Aster Medical Centre is about 420 m away, around a 7-minute walk. Gems First Point School (The Villa) is about 820 m away and GEMS Wellington Academy about 2.8 km, a 10-minute drive. Creek Metro Station is about 20 minutes by car, Business Bay about 22 minutes and Jumeirah Beach about 31 minutes.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
1 BR
2 BR
3 BR
Studio
How prices moved
Median price of studio apartments in Dubai Land Residence Complex, over the 12 months to each dateUp 17% from Dec 2024 to Sep 2026.
Dec 2024AED 1,389 per sq ft
Sep 2026AED 1,629 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 1,629 per sq ft
3,041 sales
Jun 2026
AED 1,634 per sq ft
3,565 sales
Mar 2026
AED 1,617 per sq ft
3,650 sales
Dec 2025
AED 1,589 per sq ft
3,515 sales
Sep 2025
AED 1,546 per sq ft
3,109 sales
Jun 2025
AED 1,492 per sq ft
2,778 sales
Mar 2025
AED 1,435 per sq ft
2,326 sales
Dec 2024
AED 1,389 per sq ft
1,550 sales
Off-plan sales only.
Questions about this project
How does the price compare with recent sales nearby?
The from price per square foot is 11% above the median of 1,790 studio off-plan sales in Dubai Land Residence Complex over the 12 months to November 2026.
How much do I pay at each stage?
At the from price: AED 148,000 on booking (20%), AED 296,000 during construction (40%) and AED 296,000 on handover (40%). Separately, the 4% Land Department fee comes to AED 29,600; ask when it is due.
How big are the apartments?
From 423 sq ft for a studio to 1,095 sq ft for three bedrooms.
When is handover?
The listed date is September 2028, about 22 months from now. Ask the developer for a construction update.
Can foreigners buy here?
Yes. The project is freehold, so foreign buyers can own outright.
Is there a school or clinic close by?
Aster Medical Centre is about 420 m away and Gems First Point School (The Villa) about 820 m.
