New homes in Reef 999 start at AED 1,294,000; keys are due Mar 2027; 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 183 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Al Furjan. Their median price is AED 1,515 per sq ft (about AED 1,202,000 at 793 sq ft). This project's from price is AED 1,632 per sq ft (AED 1,294,000 for its smallest home, 793 sq ft), 8% more.
Keys
Mar 2027
The developer's handover date
Payment plan
20 / 40 / 40
20% to book, 40% while it is built, 40% at the keys
Bedrooms
1 to 4 beds
Sizes
793 to 3,424 sq ft
Ownership
Freehold
Property types
Apartment and Villa
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 1,632 per sq ft
Similar off-plan homes: AED 1,515 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 258,800+ AED 51,760 DLD fee
AED 310,560
Jan 2027While it is built · 40%
While it is built
40%
AED 517,600
AED 828,160
Mar 2027Keys · 40%
Keys
40%
AED 517,600
AED 1,345,760
Booking payment, 20%
AED 258,800
Dubai Land Department fee (Oqood), 4%
AED 51,760
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 310,560
Total costPrice plus the DLD fee
AED 1,345,760
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 183 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Al Furjan, 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 Al Furjan, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 183 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Al Furjan, 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 1,515 per sq ft
AED 975 to AED 1,076 per sq ft
1 sale
AED 1,076 to AED 1,177 per sq ft
6 sales
AED 1,177 to AED 1,277 per sq ft
11 sales
AED 1,277 to AED 1,378 per sq ft
27 sales
AED 1,378 to AED 1,479 per sq ft
25 sales
AED 1,479 to AED 1,579 per sq ft
45 sales
AED 1,579 to AED 1,680 per sq ft
60 sales
This project's from price is in this band.
AED 1,680 to AED 1,781 per sq ft
8 sales
AED 975 per sq ftAED 1,781 per sq ft
This project AED 1,632 per sq ft
Half of the sales sold for AED 1,384 to AED 1,603 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 975 to AED 1,076 per sq ft
1
AED 1,076 to AED 1,177 per sq ft
6
AED 1,177 to AED 1,277 per sq ft
11
AED 1,277 to AED 1,378 per sq ft
27
AED 1,378 to AED 1,479 per sq ft
25
AED 1,479 to AED 1,579 per sq ft
45
AED 1,579 to AED 1,680 per sq ft
60
AED 1,680 to AED 1,781 per sq ft
8
The 3 closest sales
Picked from the 183 similar sales above, closest in size to this project's smallest home.
Jan 2026AED 1,135,000AED 1,431 per sq ftPristine by Zoya, 793 sq ft
Feb 2026AED 940,000AED 1,186 per sq ftRepos? Residence, 792 sq ft
Apr 2026AED 1,150,000AED 1,453 per sq ftMinati Homes 1, 792 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 Al Furjan 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
1-bed apartmentFrom AED 1,294,000 here
Off-plan medianAED 1,482,000AED 1,899 per sq ft
Sales2,227
8% above 183 similar sales
2-bed apartment
Off-plan medianAED 2,147,000AED 1,663 per sq ft
Sales1,926
3-bed apartment
Off-plan medianAED 2,666,000AED 1,426 per sq ft
Sales270
4-bed apartment
Off-plan medianToo few sales for a median
Sales8
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)
4.2%
Typical gross yield of similar ready homes
8.8%
Median rent of 1-bed apartments in Al Furjan
AED 70,000 a year
Service charge a year, from the keysThe area median, AED 17 per sq ft from 21 buildings, as of 2023, for the smallest home (793 sq ft)
AED 13,481
Rent contracts counted
3,225
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 70,000 a year
2-bed apartment
AED 100,000 a year
3-bed apartment
AED 137,000 a year
4-bed apartment
AED 142,500 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 70,000 ÷ AED 1,294,000 = 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
Discovery Gardens Metro Station2.3 km, 7 min driveMetro station
The Arbor School700 m, 17 min walkSchool
Emirates International School - Meadows5.7 km, 13 min driveIB school
Delhi Private School2.6 km, 9 min driveIndian school
Reef 999 is a Reef Luxury Developments project in Al Furjan with 1- to 3-bedroom apartments and 4-bedroom villas from AED 1,294,000, and handover listed for March 2027. That date is about four months away, and 40% of the price is due at handover.
The listed handover is March 2027, about four months from now. Ask the developer how far construction has got and when it expects the completion certificate. Under the 20 / 40 / 40 plan, 40% of the price is due at handover.
The price check uses sales across Al Furjan, not in this project. It puts the from price per square foot 7.7% above the median of 183 similar one-bedroom off-plan sales registered with the Dubai Land Department in the area over the 12 months to November 2026. At the from price, you pay AED 258,800 on booking, AED 517,600 during construction and AED 517,600 at handover. Separately, the 4% DLD fee comes to AED 51,760; ask when it is due.
The listing gives one-bedroom apartments of 793–916 sq ft, two-bedroom of 1,338–1,875 sq ft, three-bedroom of 2,022–2,636 sq ft and four-bedroom villas of 3,424 sq ft. It also mentions four-bedroom apartments of 3,695 sq ft, which falls outside its own range of 793 to 3,424 sq ft, so ask whether that layout exists and check the floor plans. The developer highlights a climate-controlled sunken balcony; ask how it works. Shared facilities include a gym, a shared pool, a children's pool and 24/7 security.
A Medcare clinic is about 410 m away and The Arbor School about 680 m. Discovery Gardens Metro Station is about 2.3 km away, around 7 minutes by car by our estimate. Jumeirah Lakes Towers is about 6.1 km away and JBR beach about 6.7 km.
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
4 BR Villa
4 BR
How prices moved
Median price of 1-bed apartments in Al Furjan, over the 12 months to each dateUp 53% from Dec 2024 to Sep 2026.
Dec 2024AED 1,238 per sq ft
Sep 2026AED 1,899 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 1,899 per sq ft
2,227 sales
Jun 2026
AED 2,675 per sq ft
2,696 sales
Mar 2026
AED 1,599 per sq ft
2,476 sales
Dec 2025
AED 1,524 per sq ft
2,305 sales
Sep 2025
AED 1,391 per sq ft
1,937 sales
Jun 2025
AED 1,280 per sq ft
1,485 sales
Mar 2025
AED 1,255 per sq ft
1,358 sales
Dec 2024
AED 1,238 per sq ft
1,284 sales
Off-plan sales only.
Questions about this project
Which company builds Reef 999?
Reef Luxury Developments. The project is in Al Furjan.
Can foreigners buy here?
Yes. The listing says it is freehold, so foreign buyers can own outright.
When is handover?
The listed handover is March 2027, about four months away. Ask for a construction update and when the completion certificate is expected.
How does the price compare with recent sales?
The price check puts it 7.7% above the median of 183 similar one-bedroom off-plan sales in Al Furjan over the 12 months to November 2026, per square foot. Those were sales across the area, not in this project.
What is due before handover?
60% of the price: AED 258,800 on booking and AED 517,600 during construction, at the from price. The remaining AED 517,600 is due at handover.
How far is the metro?
Discovery Gardens Metro Station is about 2.3 km away on the map, around 7 minutes by car.
