Where is Reef 998 located?

Reef 998 is located at Dubailand Residence Complex (DLRC), with easy access to all the main highways of the emirate.

What types of properties are available at Reef 998?

Properties at Reef 998 include studios and 1-3 bedroom apartments ranging in size from 410 sqft (38 m2) to 1,396 sqft (130 m2).

How much do properties at Reef 998 cost?

Real estate prices in Reef 998 start at 695 900 AED (189 500 $) for studios. One-bedroom residences start at 962 900 AED (262 200 $), and two-bedroom residences start at 1 400 000 AED (381 200 $). Three-bedroom apartments at Reef 998 at DLRC are available from 1 900 000 AED (517 300 $).

What are the installment terms for buying properties at Reef 998?

The developer offers a flexible payment plan for those looking to buy properties at Reef 998 at DLRC: 10% down payment, 50% during construction, and 30% upon completion.

When will Reef 998 be completed?

The property at Reef 998 is scheduled for completion in Q2 2028.

What amenities will be available at Reef 998?

Reef 998 will feature premium amenities such as a rooftop cinema, picturesque gardens, barbecue areas, co-working spaces, playgrounds, concierge service, and 24-hour security.

Reef 998 at Dubailand Residence Complex

Reef 998 by Reef Luxury Developments is the continuation of the successful Reef 1000 and Reef 999 projects. The developer's new release is located at Dubailand Residence Complex (DLRC), one of Dubai's most rapidly developing communities. The 20-story residential complex is designed in a modern style, with an architectural concept reminiscent of coral reefs — clean lines, large windows, lots of greenery on the balconies, and facades that seem dynamic. One of the main features of the project is a sense of balance, perfectly combining urban amenities with the tranquility of a seaside resort.

Properties at Reef 998 will be available in a variety of types, from cozy 410 sqft (38 m²) studios to three-bedroom apartments of 1,396 sqft (130 m²). Prices start at 695 900 AED (189 500 $) for studios and can reach 1 900 000 AED (517 300 $) for the most spacious options. The interior design is dominated by pastel colors and minimalist finishes in a ‘quiet luxury’ style. The windows offer picturesque views of the park area and the surrounding landscapes. The kitchens there are open plan with built-in appliances. For the convenience of residents, “smart home” systems are integrated into the complex. One of the important features of Reef 998 is the patented cooling system on the balconies.

Amenities in Reef 998 at DLRC will include a rooftop cinema, fitness centers, picturesque gardens, barbecue areas, co-working spaces, and even special ‘guest villas' where you can meet with family or friends. The complex also features playgrounds, concierge service, and 24-hour security.

In terms of location, the DLRC community is by no means a remote suburb. It is just 20 minutes away from Dubai's Downtown and Business Bay areas, and only a 10-minute drive from Dubai International Airport and Dubai Outlet Mall. The large entertainment centers IMG Worlds of Adventure and Global Village can also be reached in 10-15 minutes. In addition, the major highways E311 and E611 run close to the complex, which facilitates travelling by car. Schools, the Mediclinic Parkview clinic, the Silicon Central Mall and Cityland Mall shopping centers are all within easy reach.

The community has a rapidly developing infrastructure, and property prices in the Dubailand Residence Complex are significantly lower than in the central areas of Downtown Dubai and Dubai Marina. Rental yields here can reach up to 6% per annum. In the coming years, experts predict a 3-5% increase in property prices, which is excellent for Dubai properties.

Apartments at Reef 998 can be purchased on flexible installment terms under a 70/30 scheme. The down payment is 20%, another 50% must be paid during construction, and the remaining 30% after the property is completed in Q2 2028.