1 / 14

Reef 998

Reef Luxury Development

Starting from

0.76M AED

Area

Al Barari

Handover

Q2 2028

Stage

Under construction

Payment Plan

20/50/30

Property Type

Apartment

Price per sqft

AED 1,542

7% above area avg

Floor Plans & Unit Types

Plan on request

Studio

412 sqft

1 Bathroom

from 0.76M AED

Ask about this layout

Plan on request

1 Bedroom

623 sqft

2 Bathrooms

from 0.96M AED

Ask about this layout

Plan on request

2 Bedrooms

1,002 sqft

3 Bathrooms

from 1.44M AED

Ask about this layout

Plan on request

3 Bedrooms

1,397 sqft

4 Bathrooms

from 1.88M AED

Ask about this layout

How much you pay, and when

20%

Booking

now

50%

Construction

6 quarters

30%

Handover

Q2 2028

Amounts for each layout · 4

Studio
412 sqft
from AED 759K
AED 1,843 per sqft
Booking
AED 152K
Construction
AED 380K
6 × AED 63K
Handover
AED 228K
Ask
1 Bedroom
623 sqft
from AED 963K
AED 1,546 per sqft
Booking
AED 193K
Construction
AED 481K
6 × AED 80K
Handover
AED 289K
Ask
2 Bedrooms
1,002 sqft
from AED 1.44M
AED 1,433 per sqft
Booking
AED 287K
Construction
AED 718K
6 × AED 120K
Handover
AED 431K
Ask
3 Bedrooms
1,397 sqft
from AED 1.88M
AED 1,345 per sqft
Booking
AED 376K
Construction
AED 940K
6 × AED 157K
Handover
AED 564K
Ask

Payment schedule by quarter

On the cheapest layout (studio from AED 759,441): what leaves your account and when. By handover you will have paid AED 531,609, with the rest due on keys.

When	Payment	Paid to date	Left to pay	Share of the flat
Q1 2027	AED 63,287	AED 215,175	AED 544,266	28%
Q2 2027	AED 63,287	AED 278,462	AED 480,979	37%
Q3 2027	AED 63,287	AED 341,749	AED 417,692	45%
Q4 2027	AED 63,287	AED 405,036	AED 354,405	53%
Q1 2028	AED 63,287	AED 468,323	AED 291,118	62%
Q2 2028	AED 63,287	AED 531,610	AED 227,831	70%

Amounts start from each layout's lowest price on the developer's plan. The 4% DLD fee and developer charges come on top.

DLD transactions

283deals registered

of 339 homes in the project

about 83% sold

15% sold in the first 3 months

Paid in deals, per sqftAED 1,541

Developer asks now, per sqftAED 1,542

deals went at the developer's price

Deal price since launch-4%

Deals by month

Jun 2025Sept 2026

Dubai Land Department data via Dubai Data, to 22 October 2026

Location & Nearby Places

Google Maps

Compared with the area

Price per sqft: AED 1,542 per sqft - 7% above the Al Barari average of AED 1,436.
Entry price: The entry price is lower than for 30 of the 90 projects in Al Barari in our catalogue.
Handover: Handover is later than for most projects in the area. Projects in Al Barari hand over between 2023 and 2030.
Payment plan: Differs from the usual plan of Reef Luxury Development: most of the developer's 5 projects in our catalogue use 50/50.
Smallest unit: In line with the typical smallest unit in Al Barari (427 sqft).

Calculated across the 90 projects we track in Al Barari. Figures come from our own catalogue, not from a market index.

Amenities

Indoor Swimming Pool
Landscaped Gardens
CCTV Security
Gymnasium
Restaurants
Children's Play Area

About Reef 998

Introducing Reef 998, an off-plan development by Reef Luxury Development in Al Barari, Dubai.

Available unit types include studios and 1, 2 and 3-bedroom apartments, starting at AED 759K. The project is expected to be completed by Q2 2028, offering a 20%/50%/30% payment plan.

Residents have access to Indoor Swimming Pool, Landscaped Gardens, CCTV Security, Gymnasium and more. Reef 998 is a compelling option for those seeking off-plan property in Al Barari.

About the developer

Reef Luxury Development

Projects with us: 5
Areas: 4
Handover: 2026-28

Projects by handover year

2026

2027

2028

REFF 996Dubai Production City (IMPZ)from AED 667K

REFF 1000Al Bararifrom AED 620K See all 5 projects by Reef Luxury Development

About the area

Al Barari

Dubai's only botanical luxury villa community - yields 5-7%, prices +26.8% YoY in 2025, average HNW transaction AED 30M, 15-20% growth projected for 2026.

New projects: 95
Prices from: AED 445K
Deals a year (DLD): 307
AED per sqft in deals: 2,556

Price per sqft by year, AED

1,350

2015

1,580

2016

1,102

2018

1,112

2019

2,556

2026

AG Ark TowerAG Propertiesfrom AED 759K

Weybridge Gardens Phase 5 By Leos DevelopmentsLEOS Internationalfrom AED 757K All 95 off-plan projects in Al Barari

Frequently Asked Questions

What is the starting price of Reef 998?

Reef 998 by Reef Luxury Development offers apartment in Al Barari, Dubai starting from AED 0.8M. Prices vary depending on unit size and floor level. Contact us for the latest availability and pricing.

What is the payment plan for Reef 998?

Reef 998 offers a flexible off-plan payment plan: 20% down payment, 50% during construction, 30% after handover. This structure allows buyers to spread payments across the construction period, reducing upfront costs.

When is the handover date for Reef 998?

Reef 998 is scheduled for handover in Q2 2028. Reef Luxury Development is one of Dubai's leading developers with a strong track record of on-time delivery.

What types of units are available at Reef 998?

Reef 998 features studios, 1-bedroom apartments, 2-bedroom apartments and 3-bedroom apartments in Al Barari, Dubai. Each unit is designed with contemporary finishes and maximises natural light and views.

Where is Reef 998 located in Dubai?

Reef 998 is situated in Al Barari, Dubai. The area offers excellent connectivity to major business districts, retail centres and leisure destinations across the city.

Is Reef 998 available for foreign buyers?

Yes. Reef 998 is a freehold development in Al Barari, Dubai, which means it is open for purchase by non-UAE nationals and foreign investors with 100% ownership rights.

What amenities does Reef 998 offer?

Reef 998 features a full range of lifestyle amenities including Indoor Swimming Pool, Landscaped Gardens, CCTV Security, Gymnasium, Restaurants and more. The development is designed to offer resort-style living within Al Barari, Dubai.

Interested in Reef 998?

Get expert guidance and exclusive pricing

Get prices & availability