Reef 998

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Reef Luxury
339
Total Units
284
Sold
⃃ 1,049,600
Median Price
⃃ 1,570
Median Price /sqft
Construction progress: 2.07% (As of Aug-2026)
Start: May, 2025Completion: Jun, 2028

Reef 998 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio114410 sqft - 480 sqft⃃ 0.8M (1,760 /sqft)⃃ 1,600 /sqft
10.13
1 Bed133620 sqft - 790 sqft⃃ 1.1M (1,560 /sqft)⃃ 1,350 /sqft
15.42
2 Beds571,000 sqft - 1,010 sqft⃃ 1.4M (1,400 /sqft)⃃ 1,240 /sqft
13.2
3 Beds191,400 sqft - 1,400 sqft⃃ 2M (1,440 /sqft)⃃ 1,610 /sqft
-10.54

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
Reef 998Wadi Al Safa 5
Mar 2025—1.3K
Apr 2025—1.4K
May 2025—1.4K
Jun 20251.7K1.4K
Jul 20251.6K1.4K
Aug 20251.6K1.5K
Sep 20251.6K1.5K
Oct 20251.7K1.5K
Nov 20251.6K1.5K
Dec 20251.5K1.5K
Jan 20261.5K1.5K
Feb 20261.5K1.5K
Mar 20261.5K1.5K
Apr 20261.6K1.5K
May 20261.5K1.5K
Jun 20261.4K1.4K
Jul 20261.6K1.4K
Aug 20261.5K1.5K
Sep 20261.7K1.4K
Oct 20261.6K1.5K
Nov 2026—1.5K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
StudioApartment, ****10478 sqft9.72 sqft
StudioApartment, ****10477 sqft9.69 sqft
StudioApartment, ****11477 sqft9.69 sqft
1Apartment, ****12623 sqft10.57 sqft
3Apartment, ****121,397 sqft15.74 sqft
2Apartment, ****141,002 sqft13.91 sqft
2Apartment, ****151,002 sqft13.91 sqft
1Apartment, ****16671 sqft16.06 sqft
1Apartment, ****17623 sqft10.57 sqft
StudioApartment, ****17478 sqft9.72 sqft
2Apartment, ****181,002 sqft13.91 sqft
StudioApartment, ****18477 sqft9.69 sqft
StudioApartment, ****18410 sqft8.91 sqft
1Apartment, ****19671 sqft16.06 sqft
2Apartment, ****191,002 sqft13.91 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment736 sqft11.93 sqft⃃ 1,180,283⃃ 1,604 /sqft13, Jul 2025
1Apartment793 sqft16.1 sqft⃃ 1,159,987⃃ 1,463 /sqft28, Oct 2025
1Apartment738 sqft11.93 sqft⃃ 1,078,188⃃ 1,461 /sqft04, Nov 2025
1Apartment644 sqft12.01 sqft⃃ 1,074,145⃃ 1,668 /sqft13, Oct 2025
1Apartment671 sqft16.06 sqft⃃ 1,002,359⃃ 1,494 /sqft27, Sep 2025
1Apartment623 sqft10.57 sqft⃃ 962,910⃃ 1,546 /sqft11, Mar 2026
1Apartment647 sqft12.01 sqft⃃ 948,669⃃ 1,466 /sqft04, Aug 2025
2Apartment1,002 sqft13.91 sqft⃃ 1,392,963⃃ 1,390 /sqft26, Mar 2026
2Apartment1,004 sqft15.23 sqft⃃ 1,392,433⃃ 1,387 /sqft27, Aug 2025
2Apartment1,011 sqft14 sqft⃃ 1,313,778⃃ 1,299 /sqft21, Jul 2026
3Apartment1,397 sqft15.74 sqft⃃ 1,879,636⃃ 1,345 /sqft26, Sep 2025
StudioApartment411 sqft8.91 sqft⃃ 721,588⃃ 1,756 /sqft08, Jul 2026
StudioApartment410 sqft8.92 sqft⃃ 696,850⃃ 1,700 /sqft22, Aug 2025
StudioApartment410 sqft8.91 sqft⃃ 696,735⃃ 1,699 /sqft29, Jul 2025
StudioApartment411 sqft8.95 sqft⃃ 675,957⃃ 1,645 /sqft08, Nov 2025

Reef 998 Real Estate Data – FAQ

  • What is the current property supply in Reef 998?

    Completed residential supply data for Reef 998 is unavailable.

  • How active is the real estate market in Reef 998?

    Reef 998 recorded 160 property transactions over the last 12 months.

  • What is the average price /sqft in Reef 998?

    The median recorded sale price in Reef 998 is AED 1,550 /sqft.

  • What rental yield can investors expect in Reef 998?

    Rental yield data for Reef 998 is unavailable.

  • How much have property prices increased in Reef 998?

    The year-over-year median price per square foot change in Reef 998 is -3.6%, comparing consecutive 12-month periods.

  • How many off-plan projects are currently in Reef 998?

    Reef 998 has 0 recorded active off-plan projects.

  • What is the future supply pipeline in Reef 998?

    The recorded off-plan pipeline in Reef 998 contains 339 units.

  • Is Reef 998 a good area for property investment?

    Assess Reef 998 using available transaction, rental and supply data. Missing metrics do not establish investment performance, and historical results do not guarantee future returns.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield data for Reef 998 is unavailable.