Staff Report
Dubai, UAE
Reef Luxury Developments, an emerging real estate developer, has unveiled Reef 998, its Dh450 million residential project in Dubai Land Residence Complex. Spanning an impressive 355,663 square feet, the project comprises 323 residences that are slated for handover in Q2 2028.
Units at Reef 998 range from studios to three-bedroom apartments, each featuring patented outdoor cooling technology and the sunken balconies for year-round outdoor living comfort. Sizes of units span between 477 to 1,397 square feet. Prices start from Dh759,441 and buyers can avail flexible payment plans with post-handover option.
“These elegant homes in DLRC are long-term investment assets that answer a clear market need,” said Samer Ambar, CEO of Reef Luxury Developments. “In Dubai’s thriving property market, Reef 998 livable innovation and design resilience really sets it apart. From energy efficient systems and smart technology to exclusive outdoor spaces with integrated outdoor cooling technology, we’re delivering a product that meets both lifestyle aspirations and investor expectations.”
The project offers resort-style amenities, smart home tech, and a masterplan built around community connection and green space.
Reef 998 is strategically located in DLRC on Hamdan Bin Zayed Road. It enjoys a dual frontage: one facade overlooks the main road, while the opposite side overlooks a community park.
The anticipated metro connectivity and alignment with Dubai’s 2040 Urban Master Plan enhance Dubailand’s growth potential, positioning Reef 998 as a standout investment opportunity.
Ends
Also read: Reef Developments to build 1,000 projects in 20 years
