Investin Residential

Project Overview

Property Type

Apartments

Developer

REEF Luxury Developments

Completion Date

30-09-2028

Start Price

AED 0.784M

Project general facts

Project Overview

REEF 996 is a modern architectural landmark in Dubai, defined by clean vertical lines and innovative design. The development introduces world-first features such as Outdoor-Cooled Garden Lounges and patented Outdoor-Cooled Sunken Balconies, extending living spaces beyond the interiors throughout the year. The project offers a diverse range of residences, including studios, one-, two-, and three-bedroom apartments ranging from 400 to 1,900 sq.ft. Each unit is designed to maximize natural light, high ceilings, and open layouts, while the sunken balconies provide cool outdoor extensions that enhance comfort and functionality. Interiors feature premium finishes, German-engineered Bosch kitchen appliances, Grohe bathroom fixtures, and Gutmann aluminum window and façade systems. REEF 996 also includes an extensive suite of amenities: infinity pool with cabanas, Baja shelf, kids’ pool, fully equipped gym, CrossFit and yoga studios, wall climbing, tennis/padel courts, basketball, cricket, badminton/volleyball courts, cornhole court, BBQ zones, cinema areas, and expansive children’s play areas, creating a complete lifestyle environment for wellness, recreation, and social living.

Location & Benefits

Located in Dubai Production City (formerly IMPZ), REEF 996 benefits from a community designed for media and creative professionals, offering a specialized ecosystem with production studios, soundstages, and post-production facilities. The area hosts numerous media companies, publishing houses, and creative enterprises, fostering collaboration, innovation, and growth. Beyond professional advantages, residents enjoy a well-planned community with retail outlets, commercial spaces, and event areas, combined with convenient connectivity to major Dubai roads. The development balances vibrant urban living with a peaceful residential environment, providing an ideal combination of lifestyle, work, and leisure in a strategically positioned community.

Available Units

Unit Image Coming Soon

Apartments

399 - 469 sqft

AED 0.751M - AED 0.853M

Unit Image Coming Soon

Apartments

1 Bedroom

693 - 884 sqft

AED 1.139M - AED 1.443M

Apartments

Apartments

2 Bedrooms

1,045 - 1,246 sqft

AED 1.569M - AED 1.848M

Apartments

Apartments

3 Bedrooms

1,376 - 1,901 sqft

AED 1.99M - AED 2.924M

Location

Nearby Places

Bluewaters Island

16 KM

Al Maktoum International Airport (DWC)

38 KM

Ain Dubai (Dubai Eye)

16 KM

Circle Mall

11 KM

JBR Open Beach

16 KM

JSS International School L.L.C

8 KM

Facilities & Amenities

Outdoor Cooled Garden Lounges
Outdoor Cooled Garden Lounges
Cinema Area
Cinema Area
BBQ Area
BBQ Area
Yoga Studio
Yoga Studio
Gym
Gym
Looker Room
Looker Room
Pilates Studio
Pilates Studio
Crossfit Area
Crossfit Area
Baja Shelf & Cabana
Baja Shelf & Cabana
Decking Area
Decking Area
Infinity Swimming Pool
Infinity Swimming Pool
Kids Pool
Kids Pool
Basketball Court
Basketball Court
Wall Clambing
Wall Clambing
Criket Pitch
Criket Pitch
Badminton & Volleyball Court
Badminton & Volleyball Court
Kids Playing Area
Kids Playing Area
Cornhole Court
Cornhole Court
Tennis & Padel Court
Tennis & Padel Court

Payment Plans

20%
On booking
3 payments
30%
During construction
23 payments
50%
Upon Handover
0 payments
On Booking 20%
Admin Fee AED 2625.00
DLD Fee 4%

Developer Information

REEF Luxury Developments

REEF Luxury Developments

REEF Luxury Developments is a developer that redefines the concept of luxury living in Dubai, combining innovation with practical solutions. The company strives for excellence, creating high-quality, elegant homes with thoughtful details and timeless design. In line with HH Sheikh Mohammed bin Rashid's vision to transform Dubai into a leader in all sectors and as part of the Dubai 2030 vision with its focus on innovation and technology, REEF has unveiled an innovative development – the climate-controlled Sunken Garden balconies. This patented concept, the first of its kind in the world, launches in Dubai, combining innovation, value and luxury. REEF Luxury Developments creates interconnected, dynamic and practical communities with well-developed infrastructure, lush amenities and opportunities for sports. The company aims to create future communities that will become symbols of innovation, convenience and simplicity of design. REEF Luxury Developments transforms everyday life by integrating innovative and harmonious design into every home, setting the highest standard of living. REEF's approach is to make a significant impact on the real estate market by launching unique projects in rapidly developing communities, ensuring an exceptional standard of living and a high return on investment for buyers. The company strives to be a leader in creating dynamic communities that improve everyone's quality of life.

REEF Villa 522, Jumeirah Third, Dubai, UAE.

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This project in numbers

Price vs. areaIn the upper price range of its area

About AED 1,966/sqft. Projects on sale in Dubai Production City range from about AED 1,380 to 2,870/sqft.

Area rental yield7.5–8.5% gross

Area average from Dubai Land Department data; it may fall below or above this band. Net yield differs once service charges and costs are deducted.

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Golden VisaSome units exceed the threshold

Units at AED 2M and above meet the 10-year Golden Visa threshold.

Threshold and conditions →
Expected handoverSeptember 2028

Off-plan, the down payment and instalments are paid until handover; this project's plan is below.

See the payment plan →

Other budgets in the same area

Source: current sales list (refreshed twice a day) · area yield from Dubai Land Department. Price per sqft uses the starting price and smallest unit size and is approximate. For information only, not binding.

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