Reef 998

Reef 998

By Reef Luxury Development in Dubailand

Apartments with equipped kitchens in the DLRC area of Dubai. Post-handover 30% for 2.5 years until mid-2030. 20 minutes by car to Downtown. Attractive prices, 2 times lower than in the city center.

695,850 AED

Minimum cost

Q2 2028

Project completion

About Location
About Location

Reef 998 — Location

Reef 998 is located in Dubai Land Residence Complex (DLRC) in Dubai. The area continues to develop and attracts attention due to its convenient location and high rental income potential. The attractiveness of DLRC for investors is related to the growth of property prices in the area in recent years. Since 2023, prices for new apartments in Dubai Land Residence Complex have steadily increased. Forecasts for early 2025 show further price growth, making the area profitable for investment with resale purposes.

New apartments in Dubai Land Residence Complex (DLRC) are ideal for long-term investment. Rental demand in this area continues to grow due to its convenient location near major entertainment centers, theme parks, and educational institutions.

The government of Dubai is actively developing the infrastructure of DLRC, which creates additional opportunities for property value growth in the area. In the coming years, transportation access is planned to improve, and the socio-economic infrastructure will expand.

Infrastructure around Reef 998 is actively developing. Currently, there is no metro station in the area, but a station is planned as part of the expansion of the Dubai Metro network. In the near future, improved transportation infrastructure is expected, which will increase the area’s attractiveness for investors and renters.

Currently, public transport in the area is provided by bus routes. The nearest bus stop, Miracle Garden - 01, is a 4-minute walk from the complex. Bus route 105 connects the area with various parts of the city, ensuring accessibility for residents and visitors.

Several large shopping centers are located in DLRC, such as Cityland Mall. Additionally, nearby are Dubai Outlet Mall and Global Village. Regarding educational institutions, GEMS FirstPoint School and The Aquila School, both following the British curriculum, are located near Reef 998.

Dubai International Airport (DXB) is a 23-27 minute drive away, depending on traffic. Al Maktoum International Airport (DWC) is about 30 km away, taking approximately 35 minutes by car.

12 mins GEMS FirstPoint School

20 mins Cityland Mall

22 mins Dubai Outlet Mall

24 mins Global Village

27 mins Dubai International Airport (DXB)

30 mins Al Maktoum International Airport (DWC)

Reef 998 — About the project

The Reef 998 residential complex by Reef Luxury Developments is located in the Dubai Land Residence Complex (DLRC) in Dubai. The complex includes 3 underground levels, 20 floors, and offers apartments with 1, 2, and 3 bedrooms. The finishes are made with high-quality modern materials, and the kitchens are equipped with all necessary appliances. The price ranges from AED 695,850 for a studio to AED 1,879,636 for a 3-bedroom apartment. The internal infrastructure includes high-tech balconies with a cooling system for exterior surfaces, providing comfort throughout the year. The residential complex is located in Dubailand, one of the fastest-developing areas of Dubai. The project has excellent investment potential due to its location in a rapidly developing area with high demand for rental properties and proximity to key points in the city. Information is accurate as of April 24, 2025. Please verify up-to-date details with Everhomes experts.

  • Reef 998

        • Reef 998 — Floor Plans

        Studios Number of bedrooms
        Apartments Number of bedrooms

        Studio

        695,850 AED

        Studio
          Bathrooms 1

          1 bedroom apartment

          962,910 AED

          1 bedroom apartment
            Bathrooms 1

            2 bedroom apartment

            1,436,044 AED

            2 bedroom apartment
              Bathrooms 2

              3 bedroom apartment

              1,879,636 AED

              3 bedroom apartment
                Bathrooms 3

                Reef 998 — Payment Plan

                • 20% 01

                  Down payment

                • 49% 02

                  During construction

                • 1% 03

                  On handover in Q2 2028

                • 30% 04

                  Post-handover over 2.5 years

                Buy property at the developer prices

                0%

                our commission

                Amenities

                • High-tech balcony and terrace cooling system
                • Modern finishes using quality materials
                • Fully equipped kitchens with appliances
                • Spacious terraces and balconies
                • Entertainment and sports areas
                • Modern balcony cooling technologies

                  Modern balcony cooling technologies

                  One of the key features of Reef 998 is the innovative cooling system for the exterior surfaces of balconies and terraces. This technology allows for year-round comfort on open spaces, which is especially relevant for the UAE. The cooling of balconies and terraces becomes a revolutionary solution, providing a high level of convenience and comfort for residents and guests.

                • Finishes and high-quality materials

                  Finishes and high-quality materials

                  The Reef 998 project stands out with modern finishes made from high-quality materials. The interiors feature finishes using modern solutions that ensure durability and visual appeal.

                • Fully equipped kitchens

                  Fully equipped kitchens

                  All apartments in Reef 998 are equipped with high-quality kitchens with appliances. The kitchens are equipped with modern appliances, ensuring convenience and functionality for daily use.

                • Four payment options

                  Four payment options

                  Several payment plans are available to buyers, making the purchase of property in Reef 998 flexible and convenient. Option 4 (6% discount) requires 100% payment at booking. Option 3 (3% discount) requires 50% payment as a down payment and 50% on handover. Option 2 requires 20% as a down payment, 50% during construction, and 30% on handover. Option 1 includes 20% down payment, 49% during construction, 1% on handover in Q2 2028, and 30% over the next 30 months post-handover.

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                FAQs

                The price for a studio starts from AED 695,850, 1-bedroom apartments — AED 962,910, 2-bedroom apartments — AED 1,436,044, and 3-bedroom apartments — AED 1,879,636. The information is accurate as of April 24, 2025. Please check with Everhomes experts for up-to-date information.

                Reef 998 is located in the Dubai Land Residence Complex (DLRC), which is a great place for investment. Surrounding it are entertainment complexes like Dubai Parks and Resorts, shopping centers, restaurants, and sports zones. Its proximity to major highways and airports makes the area convenient for living and renting.

                It takes 23-27 minutes by car to Dubai International Airport (DXB), depending on traffic. Al Maktoum International Airport (DWC) is about a 35-minute drive.

                The completion of Reef 998 is planned for Q2 2028.

                The payment plan for Reef 998 includes several options. For option 1: 20% at booking, 49% during construction, 1% at transfer, and 30% over 30 months after completion. For options 2 and 3: 20% at booking, 50% during construction, and 30% at transfer. For option 4: 100% payment at booking.

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