Reef 997

This 3-bedroom duplex at Reef 997 offers 2,536 sq ft in Dubai Islands, priced from AED 6,891,535 (about AED 2,718 per sq ft), with handover expected in Q1 2028.

Reef 997 is an off-plan residential building by Reef Luxury Developments on Dubai Islands. The Dubai Land Department lists it as 997 Residences By Reef Luxury Development, project 3837, registered in September 2025 with 63 homes: 23 one-bedroom, 36 two-bedroom, 3 three-bedroom and 1 four-bedroom units. Construction started in July 2025, and DLD shows the building as 4.89% complete.

Amenities listed by the developer include kids' play area, swimming pool, jacuzzi, clubhouse, rooftop terrace, landscaped gardens, BBQ area, gym, yoga space and cinema.

With only three three-bedroom homes in the building, this duplex suits a family that wants a rare, larger layout.

Our feed does not list a payment plan.

How does the price compare with Dubai Islands? Homes sold on Dubai Islands had a median of AED 2,809 per sq ft from 1 January to 7 October 2026 (Dubai Land Department, 3,309 sales, almost all off-plan). At about AED 2,718 per sq ft, this unit is around 3% below that median.

What rental yield can investors expect on Dubai Islands? The first completed buildings are only now being let. Ten rent contracts were registered this year at a median of AED 130,000 a year, an early gross yield of about 3.5% before service charges (Dubai Land Department). With so few contracts, treat this as an early signal rather than a market rate.

When will Reef 997 be completed? Our feed lists handover in Q1 2028.

Prices and availability come from the developer and can change. Contact Platinum Square for current availability, floor plans and the full payment schedule.