Where is Reef 997 located?

Reef 997 is located on the coast of Dubai Islands, close to historic Deira and just a 15-20 minute drive from DXB International Airport.

What types of properties are available at Reef 997?

Properties at 997 Residences comprise a collection of 62 one- and two-bedroom apartments and three-bedroom duplexes, as well as a single exclusive penthouse with a winter garden and private infinity pool.

How much do the apartments and penthouse at Reef 997 cost?

Prices for properties at Reef 997 start at 2 030 000 AED (552 700 $) for a 1-bedroom apartment. Two-bedroom residences are available from 2 990 000 AED (814 000 $), and duplexes from 6 440 000 AED (1 753 300 $). You can buy a penthouse at Reef 997 on Dubai Islands for 19 810 000 AED (5 393 400 $).

When is the expected handover date of property at Reef 997?

Construction of 997 Residences on Dubai Islands is scheduled for completion in Q1 2028, making the project a great long-term investment opportunity.

What is the installment plan for buying property at Reef 997?

For those looking to buy an apartment at Reef 997 on Dubai Islands, there is a flexible interest-free payment plan: 20% on booking, 60% during construction and 40% upon handover.

Who is Reef 997 suitable for?

Apartments at Reef 997 are an excellent option for those looking for coastal property in Dubai with comfortable living facilities, a club format and a wide range of resort amenities. Investors will appreciate the project for its potential for value growth and attractive rental yields.

Reef 997 at Dubai Islands: Apartments for Sale, Property Prices, Reviews

Reef 997 is a premium residential complex by Reef Luxury Development, located on the coast of Dubai Islands. It is an intimate alternative to large-scale resort clusters, with only 63 residences available for sale. Reef 997 is set to become a new benchmark in the coastal segment of property in Dubai and is the world's first residential complex with patented outdoor-cooled amenities, ensuring the open-air private spaces stay comfortable year-round, even in hot weather.

The project's architecture is modern and understated: with clean lines, large-format glazing, light natural shades, and an emphasis on sea views and daylight. The complex comprises two podium levels and eight residential storeys, ensuring moderate height and comfortable building density. Property at Reef 997 on Dubai Islands includes one- and two-bedroom apartments, three-bedroom duplexes and a single four-bedroom penthouse with an infinity pool. The residences range in size from 776 sqft (72 m²) to 2,550 sqft (237 m²), with the penthouse covering an impressive 6,022 sqft (559 m²).

The layouts are focused on form-first design and visual integration with nature: large windows, winter gardens, sunken balconies and climate-controlled outdoor areas. The interiors of the apartments at Reef 997 are designed using products from premium brands: the kitchens are equipped with Bosch built-in appliances, the bathrooms with Grohe sanitary ware, and the windows and façades with Gutmann aluminium systems. The combination of German engineering and modern design guarantees durability, energy efficiency and refined aesthetics.

The infrastructure of Reef 997 on Dubai Islands is designed as an integrated part of the coastal landscape: promenades, a private beach, landscaped recreation areas, open lounge spaces, terraced gardens, swimming pools, a playground and a cinema with air conditioning. There is also a Baja Shelf area where you can relax right in the water. For family leisure, there are cosy pavilions, a Hammock Forest Area, and BBQ facilities. Active lifestyle enthusiasts will appreciate the gym and yoga lawn. The project also includes a vegetable garden where residents can grow greens and veggies, which is a rare feature for coastal residences.

Reef 997's location on Dubai Islands, close to historic Deira and the emirate's key transport links, adds value to buying. The archipelago is already connected to the mainland by a bridge. The drive to DXB Airport takes about 15-20 minutes, and to Dubai's business districts about 20-25 minutes. The surrounding area features beaches, promenade areas under construction, and hotel and retail and entertainment clusters. Property on Dubai Islands wins out over alternative coastal locations due to its combination of a new urban environment, beach access and development prospects.

From an investment perspective, buying an apartment at Reef 997 on Dubai Islands looks compelling. The intimate format, prime waterfront location, innovative outdoor cooled amenities suitable for year-round use, and limited supply create scarcity and support liquidity. For short-term rentals, 1- and 2-bedroom view residences are in high demand, while duplexes and penthouses offer premium margins in the long-term accommodation segment.

Prices to buy property at Reef 997 on Dubai Islands are quite affordable, starting at 2 030 000 AED (552 700 $) for a one-bedroom apartment and 2 990 000 AED (814 000 $) for a two-bedroom residence. The initial cost of duplexes in the project is from 6 440 000 AED (1 753 300 $). The price of an exclusive penthouse at Reef 997 is 19 810 000 AED (5 393 400 $). The terms of purchase are flexible — there is an interest-free 60/40 installment plan with a 20% down payment. Construction is scheduled for completion in Q1 2028.