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Reef 996

Dubai Production City, Dubai · Reef Luxury Developments

Price from AED 753,103

Project facts

Emirate
Dubai
Status
Under construction
Handover
Q3 2028
Price per m²
AED 14,797
Units
505
Floors
20
Project area
31,284 m²
Project type
Residential building
Ownership
Freehold
Escrow account
Abu Dhabi Islamic Bank
Service charge
183 AED per m² per year

Floor plans and prices

TypeAvailableAreaPrice
Studios5742–44 m² (452+ sq ft)AED 753,103 – AED 819,309
1 bedroom1765–82 m² (700+ sq ft)AED 1,089,623 – AED 1,385,666
2 bedrooms997–116 m² (1,045+ sq ft)AED 1,480,464 – AED 1,773,999
3 bedrooms5132–177 m² (1,423+ sq ft)AED 1,985,594 – AED 2,806,894

Developer payment plan

  • 20%on booking
  • 30%during construction
  • 50%on handover
  • 20%on booking
  • 23%during construction
  • 7%on handover
  • 50%after handover

On top of the price: DLD fee 4%

About the project

Reef 996 is a residential tower under construction in Dubai Production City, developed by Reef Luxury Developments, with handover planned for Q3 2028. The building will rise 20 floors and contain 505 freehold units. Prices start from 753,103 AED.

Apartments and layouts Studios range from 42 m² to 43.61 m² and start at 753,103 AED. One bedroom apartments run from 65.03 m² to 82.17 m², from 1,089,623 AED. Two bedroom units span 97.09 m² to 115.77 m² from 1,480,464 AED, and three bedroom apartments range from 132.22 m² to 176.63 m², starting at 1,985,594 AED. By design, studios will occupy floors 2 to 16, while most three bedroom apartments will sit on floors 17 to 20, with two on the second floor.

Cooled balconies and garden lounges Every apartment will have an Outdoor-Cooled Sunken Balcony, a patented solution of the developer. These balconies will be cooled and usable through the hottest summer months. By design, the studio balconies will take around 9 m², one bedroom balconies 16 to 18 m², and the largest three bedroom apartment will have 43 m² of balcony. Outdoor-Cooled Garden Lounges will extend the same cooling to the shared garden, with a cinema area and a barbecue spot.

Amenities floor and finishes The first residential floor will hold an infinity pool with a kids pool, a gym, yoga and pilates studios, a tennis and padel court, a badminton and volleyball court, a basketball court and a cricket lane, with 19 zones on the floor plan in total. Kitchens will come fitted with Bosch appliances, bathrooms with Grohe fittings, and windows and facades will use Gutmann aluminium systems. The lobby will be spacious and bright with modern finishes.

Payment and ownership The payment plan is 20% on booking, 30% during construction and 50% on handover, with an alternative of 20% on booking, 23% during construction, 7% on handover and 50% after handover. Buyers receive full freehold ownership. Payments go through an escrow account held at Abu Dhabi Islamic Bank. The service charge is 182.99 AED per m² a year.

Amenities

  • Kids' play area
  • Walking trail
  • Rooftop Terrace
  • Gym
  • Yoga studio
  • Pool
  • Cinema room
  • Landscaped garden
  • Basketball court
  • Sports Court
  • Games room

Location

Dubai Production City, Dubai. Open on the map

Questions and answers

How much does a home in Reef 996 cost?

Prices start from AED 753,103.

When is the handover of Reef 996?

The planned handover date is Q3 2028.

Who is the developer of Reef 996?

The project is developed by Reef Luxury Developments.

What is the payment plan for Reef 996?

20% on booking · 30% during construction · 50% on handover · 20% on booking · 23% during construction · 7% on handover · 50% after handover.

Where is Reef 996 located?

Dubai Production City, Dubai.

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