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997 Residences by Reef Luxury Development

Not started

Developed by REEF LUXURY DEVELOPMENT L.L.C. Located in Palm Deira.

Construction progress0%Official DLD record
Units631 buildings · 0 villas
Registered sales2019 in the last 12 months
Median sale priceAED 2.18MMedian of registered salesAED 2,611/sqft

Registry record

Project number
3837
Name on the register
997ريزيدنسز من ريف للتطوير الفاخر
Developer
REEF LUXURY DEVELOPMENT L.L.C
Master developer
شركة نخيل (ش.م.خ)
Escrow agent
FIRST ABU DHABI BANK P.J.S.C.
Zoning authority
Trakhees
Master project
Palm Deira
Start date
15 Jul 2025
Expected completion
30 Mar 2028
Actual completion
Not recorded
Cancelled
Not recorded
Plots
0
Progress
0%

G+2P+8 Residential Building Consist of 1 Bedroom with Balcony =23 Rooms, 2 Bedroom with Balcony =36 Rooms, 3 Bedroom with Balcony =3 Rooms + 4 Bedroom with Balcony = 1 Room Total of 63 Rooms

Sales evidence

Median size
806 sqft
Median price per sqft
AED 2,611/sqft
Total value transacted
AED 71.27M
Off-plan vs ready
19 off-plan · 1 ready
First sale
30 Apr 2025
Latest sale
25 Jun 2026

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
25 Jun 2026Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraFlatOff-Plan Properties2 B/R1,222 sqftAED 2,360/sqftAED 2,885,317
22 Jun 2026Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraFlatOff-Plan Properties2 B/R1,222 sqftAED 2,414/sqftAED 2,950,155
17 Jun 2026Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraFlatOff-Plan Properties1 B/R778 sqftAED 2,414/sqftAED 1,878,339
4 Jun 2026Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraFlatOff-Plan Properties1 B/R834 sqftAED 2,706/sqftAED 2,257,363
19 May 2026Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraFlatOff-Plan Properties1 B/R834 sqftAED 2,529/sqftAED 2,109,896
18 May 2026Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraFlatOff-Plan Properties1 B/R771 sqftAED 2,840/sqftAED 2,189,700
18 May 2026Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraFlatOff-Plan Properties1 B/R778 sqftAED 2,611/sqftAED 2,031,669
8 May 2026Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraFlatOff-Plan Properties1 B/R834 sqftAED 2,598/sqftAED 2,167,285
4 May 2026Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraFlatOff-Plan Properties2 B/R1,216 sqftAED 2,408/sqftAED 2,927,585
26 Mar 2026Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraFlatOff-Plan Properties1 B/R771 sqftAED 2,628/sqftAED 2,026,186
24 Mar 2026Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraFlatOff-Plan Properties1 B/R778 sqftAED 2,808/sqftAED 2,184,591
16 Feb 2026Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraFlatOff-Plan Properties1 B/R778 sqftAED 2,624/sqftAED 2,041,673
13 Feb 2026Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraFlatOff-Plan Properties1 B/R834 sqftAED 2,529/sqftAED 2,109,896
6 Jan 2026Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraFlatOff-Plan Properties1 B/R771 sqftAED 2,628/sqftAED 2,026,186
30 Dec 2025Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraFlatOff-Plan Properties1 B/R778 sqftAED 2,808/sqftAED 2,184,591
15 Dec 2025Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraFlatOff-Plan Properties1 B/R1,051 sqftAED 2,611/sqftAED 2,744,499
18 Nov 2025Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraFlatOff-Plan Properties1 B/R771 sqftAED 2,628/sqftAED 2,026,186
14 Nov 2025Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraFlatOff-Plan Properties2 B/R1,218 sqftAED 2,461/sqftAED 2,996,368
13 Nov 2025Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraFlatOff-Plan Properties1 B/R771 sqftAED 2,628/sqftAED 2,026,186
30 Apr 2025Palm Deira997 Residences by Reef Luxury DevelopmentPalm DeiraLandExisting PropertiesNot specified25,844 sqftAED 1,064/sqftAED 27,504,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.