Project · Dubai Islands · Sale prices

997 Residences Property Prices 2026

The median property sale price in 997 Residences was ⃃ 2,185,000 in the 12 months to 12 Nov 2026, based on 19 registered sales — 7.8% higher than the same 12 months a year earlier. The median price per square foot was ⃃ 2,610 (−0.6% year on year). That is 54.6% above the Dubai-wide median of ⃃ 1,413,000 for the same property mix.

Period: 12 months to 12 Nov 2026Compared with: same 12 months a year earlierSample: 19 salesUpdated: 12 Nov 2026
Median sale price
⃃ 2,185,000
+7.8% YoY
19 sales · the 12 months to 12 Nov 2026
Median price per sq ft
⃃ 2,610
−0.6% YoY
19 sales · the 12 months to 12 Nov 2026
Registered sales
19
+1800.0% YoY
worth ⃃ 44.02M · the 12 months to 12 Nov 2026

What are the key price figures for 997 Residences?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 12 Nov 2026.
MetricValuePeriodBasis
Median sale price⃃ 2,185,00012 months to 12 Nov 202619 sales; +7.8% vs the same 12 months a year earlier
Median price per sq ft⃃ 2,61012 months to 12 Nov 202619 sales; −0.6% vs the same 12 months a year earlier
Number of sales1912 months to 12 Nov 2026+1800.0% vs the same 12 months a year earlier
Total sales value⃃ 44,017,65712 months to 12 Nov 2026+2072.4% vs the same 12 months a year earlier
Lowest / highest sale⃃ 1.88M – ⃃ 3M12 months to 12 Nov 2026single registered sales (not typical prices)
Units on record63current19 sold in the 12 months to 12 Nov 2026 (30.2% of stock)
Active off-plan projects1current63 off-plan units
Developer (primary) median price⃃ 2,176,000all time20 developer sales; ⃃ 2,620 per sq ft
Launch date04/09/2025—project record
Completion / handover date30/03/2028—project record

How do prices differ by property type in 997 Residences?

Medians over the 12 months to 12 Nov 2026; each row links to its own page.

Sales = registered sales in the 12 months to 12 Nov 2026. YoY = median price vs the same 12 months a year earlier.
Property typeMedian priceYoYPer sq ftSalesGross yield
Apartments⃃ 2,185,000+7.8%⃃ 2,61019—

How have property prices in 997 Residences changed since 2025?

Median price per square foot and number of sales by calendar year. 2026 is year to date.

2025–2026 (to 12 Nov 2026)
997 Residences median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
202562,620
2026 YTD152,611
Registered sales and median price per sq ft by year, 997 Residences. Source: DXBinteract. The same figures are in the table below.
2026 runs to 12 Nov 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 12 Nov 2026)15part year⃃ 34.07M⃃ 2,167,285⃃ 2,611−0.3%
20256—⃃ 39.48M⃃ 2,464,545⃃ 2,620—

Transactions by year: 2026 · 2025 · all years

How does 997 Residences compare with Dubai?

Same property mix, same window (the 12 months to 12 Nov 2026).

Metric997 ResidencesDubai
Median sale price⃃ 2,185,000⃃ 1,413,000
Median price per sq ft⃃ 2,610⃃ 1,740
Price per sq ft YoY−0.6%+5.4%
Sales19166,950
Gross rental yield—4.53%

What are the latest registered sales in 997 Residences?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
21/09/2026997 Residences1 bed · Apartment834 sq ft⃃ 2,280,165⃃ 2,734Primary · Off-plan
25/06/2026997 Residences2 beds · Apartment1,222 sq ft⃃ 2,885,317⃃ 2,361Primary · Off-plan
22/06/2026997 Residences2 beds · Apartment1,222 sq ft⃃ 2,950,156⃃ 2,414Primary · Off-plan
16/06/2026997 Residences1 bed · Apartment778 sq ft⃃ 1,878,340⃃ 2,414Primary · Off-plan
03/06/2026997 Residences1 bed · Apartment834 sq ft⃃ 2,257,363⃃ 2,707Primary · Off-plan
18/05/2026997 Residences1 bed · Apartment834 sq ft⃃ 2,109,896⃃ 2,530Primary · Off-plan
18/05/2026997 Residences1 bed · Apartment771 sq ft⃃ 2,189,700⃃ 2,840Primary · Off-plan
15/05/2026997 Residences1 bed · Apartment778 sq ft⃃ 2,031,670⃃ 2,611Primary · Off-plan
07/05/2026997 Residences1 bed · Apartment834 sq ft⃃ 2,167,285⃃ 2,599Primary · Off-plan
04/05/2026997 Residences2 beds · Apartment1,216 sq ft⃃ 2,927,586⃃ 2,408Primary · Off-plan

Use this chart on your site

Free to embed and share with the source line kept visible. The chart updates itself as new transactions are registered.

How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 12 Nov 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments, villas, commercial units, buildings and plots, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/997-residences-by-reef-luxury-development
997 Residences Property Prices 2026. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-prices/997-residences-by-reef-luxury-development

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in 997 Residences?
The median property sale price in 997 Residences was ⃃ 2,185,000 in the 12 months to 12 Nov 2026, from 19 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in 997 Residences?
The median price per square foot of 997 Residences was ⃃ 2,610 in the 12 months to 12 Nov 2026, −0.6% compared with the same 12 months a year earlier.
How many properties were sold in 997 Residences in the last 12 months?
19 sales worth ⃃ 44,017,657 were registered in 997 Residences in the 12 months to 12 Nov 2026 (+1800.0% year on year).
Are property prices in 997 Residences going up?
Over the 12 months to 12 Nov 2026 the median price per square foot of 997 Residences changed −0.6%. In calendar year 2025 it was ⃃ 2,620, and ⃃ 2,611 so far in 2026.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-prices/997-residences-by-reef-luxury-development