Staff Report
Dubai, UAE
Reef Luxury Developments, a luxury real estate developer, has officially launched in Dubai with a project pipeline featuring 30 developments valued at approximately Dh14 billion by December 2025. It will unveil Dh5 billion worth of projects over the next three months, with its first residential project in Dubai set to be launched soon. Across all its properties, it will introduce its patented architectural innovation, temperature-controlled sunken balconies, allowing residents to enjoy year-long outdoor living.
Reef Luxury Developments has acquired a land bank that will bring 5,000 residential units to the emirate. With over a decade of industry experience collaborating with renowned developers, Reef will focus on launching unique projects in fast growing communities to ensure both an exceptional living experience and high return on investment (ROI) for buyers.
Samer Ambar, CEO of Reef Luxury Developments said “Aligned with the vision of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai to establish Dubai as a global hub for innovation. We have introduced the first-of- its- kind ‘Sunken Balcony’ technology transitioning the real estate industry globally.
“Our commitment is to create exceptional properties that not only cater to the needs of today’s residents but also anticipate the evolving demands of the future. We are excited to lead the way in shaping vibrant communities that will enrich the quality of life for all.”
Properties by Reef Developments will be designed with modern amenities that cater to contemporary lifestyles, featuring plenty of green spaces, smart technology, energy efficient buildings, and communal spaces.
To enhance its capabilities, Reef Luxury Developments has invested over Dh40 million in research and development to lead the real estate industry for innovation and providing more value to its customers focusing on technology and design.
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