Building facts

997 Residences by Reef Luxury Development

Palm Deira

  • Off-plan
  • Freehold
997 Residences by Reef Luxury Development

Sales

Sales in the last 12 months
20
to 21 Oct 2026
Median price per sqft
AED 2,618
over those 20 sales
Latest sale
22 Sep 2026

Prices

Fair value per sqft
AED 2,561
range AED 2,417 to 2,704, from comparable sales (newest 22 Sep 2026)
Price of a typical 1BR
AED 2.18M
median of 20 sales over 3 years

The building

Developer
REEF LUXURY DEVELOPMENT L.L.C
Planned completion
2028
the developer's plan as registered with DLD
Units
63
Dubai Land Department records
Retail plan

What the full analysis adds for 997 Residences by Reef Luxury Development

In outline here: the figures are on the paid page.

  • Decide

    the building's rating, with its confidence and reasons (not advice)

  • Evidence

    fair value, liquidity, supply and sales evidence, and what could break the rating

  • Unit-level

    one card per bedroom type: fair value and sales

    • 1BR
    • 2BR
  • Provenance

    the comparable sales behind each figure, and how far to trust them

Also: where it sits among its community's buildings, the range past price changes support from here (never a forecast), and a PDF report with an Excel export. Where the data is too thin for a figure, the full analysis says so.

Retail from about AED 140 a month, billed yearly

Charged in US dollars: $39 a month billed yearly, or $49 month to month.