REEF 997 - Luxury Residences on Dubai Islands

REEF 997 is a landmark project of just 63 exclusive residences on Dubai Islands. Featuring world‑first climate‑controlled outdoor spaces, patented sunken balconies, and winter gardens.

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High projected ROI of 8% in this promising area
AED 2.026M (USD 551K)
Great appreciation potential by project completion

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Starting price AED 2.026M (USD 551K)
Payment Plan 60/40
Handover Q1 2028

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REEF 997

About REEF 997

REEF 997 - Conceptual Waterfront Lifestyle

An impressive boutique collection of apartments, duplexes, and a penthouse is offered through REEF 997 on Dubai Islands (Island A). With patented sunken balconies, winter gardens, and climate-controlled amenities, this project delivers luxury, innovation, and prime waterfront living in a highly sought-after location.

Project details

Developer

Location

Payment Plan

Area

Property Type

REEF Luxury Developments
Dubai Islands
60/40
776 - 6022 sq. ft.
Apartments, duplexes, penthouses

Sviatlana Makutsenia

Real Estate Expert

666

USD/ sq. m (2023)

856

28.5%

USD/ sq. m (2024)

* Price increase per sq. m for apartments, according to Property Monitor

115

USD/ sq. m (2023)

209

81,7%

USD/ sq. m (2024)

* Price increase per sq. m for land plots, according to Property Monitor

Economic Appeal

Capitalize on Dubai Islands' Rising Status

Dubai Islands boasts elite infrastructure, direct waterfront access, and proximity to Business Bay, Downtown, and the airport. REEF 997’s boutique character and world-first amenities promise strong capital appreciation and high rental yields, making it a compelling investment opportunity.

Payment Plan

Flexible 60/40 Payment Plan from REEF Luxury Developments

For Booking

20% on booking day

On Construction

8 installments of 5% every 90 days

40%

On Handover

on completion in Q1 2028

40%

Floor Plans

Download All Floor Plans

Brochure

Download PDF Brochure

For Booking

On Construction

On Handover

Floor Plans

Download All Floor Plans

Brochure

Download PDF Brochure

For Booking

On Construction

On Handover

Floor Plans

Download All Floor Plans

Brochure

Download PDF Brochure

For Booking

On Construction

On Handover

Floor Plans

Download All Floor Plans

Brochure

Download PDF Brochure

3 options after Handover

Sell with the predicted annual value increase ≈ 25,3%

Rent out and earn passive income

Move into your new home

A Boutique Development

REEF 997 comprises only 63 residences, each designed with precision and individuality — a rare low-density project in the heart of Dubai.

Prime Island Setting

Located on Dubai Islands, residents enjoy direct access to the Arabian Gulf, nearby landmarks, and excellent connectivity via Infinity Bridge and Sheikh Zayed Road.

Innovative Design

Featuring patented sunken balconies, winter gardens, and outdoor climate-controlled amenities, REEF 997 elevates the standard of contemporary residential living.

Why you will love this place

Waterfront RelaxationInfinity pool, kids pool, jacuzzi, sunken seating, cabanas, and Baja shelf provide a calm waterfront setting made for slow days and quiet moments.

Why you will love this place

Recreation & WellnessGym, yoga area, outdoor cinema, kids playground, and hammock forest encourage wellness and active living.

Why you will love this place

Community & LifestyleBBQ area and community vegetable garden support social interaction and a sustainable lifestyle.

Why you will love this place

Infinity pool

A range of cafes and gourmet restaurants are located near the residential complex

Why you will love this place

F&B services

A range of cafes and gourmet restaurants are located near the residential complex

Floor Plans

Download All Floor Plans

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Gallery

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REEF Luxury Developments is a Dubai-based premium company known for world-first, innovation-driven residential projects. REEF 997 showcases the brand’s relentless dedication to combining luxury design with groundbreaking amenities.

Location & Advantages

Dubai Islands: Iconic Coastal Living

REEF 997 residents embrace unparalleled seaside living with world-class leisure and wellness facilities. With championship golf, a mega-yacht marina, and luxurious lifestyle amenities, every convenience is within easy reach.

Schools

Restaurants

Medical Facilities

Pharmacies

Shops

Schools

Restaurants

Medical Facilities

Pharmacies

Shops

Social Facilities

Home to an exceptional selection of fine dining restaurants and luxury shops, Dubai Islands will also feature Dubai Island Mall — a premier retail destination set to outshine the renowned Dubai Mall in scale and grandeur.

Dubai Islands Mall 5 minutes by car
‍Waterfront Market 5 minutes by car
‍Dubai Cruise Terminal 5 minutes by car

Education & Medicine

Dubai Islands residents will appreciate the future convenience of on-island schools and healthcare. For now, quality educational and medical services are readily accessible on the mainland.

Al Ittihad Mamzar 11 minutes by car
‍Little Flowers English school 14 minutes by car
‍Dubai Hospital 9 minutes by car

Culture

Dubai Islands invites you to a life of leisure. Unwind with a stroll along the scenic waterfront promenade, relax in tranquil parks, or perfect your swing on a championship golf course with breathtaking ocean views.

Gold Souk 14 minutes by car
‍Dubai Frame 17 minutes by car
‍Ras Al Khor Wildlife Sanctuary 25 minutes by car

Frequently Asked Questions

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Metropolitan Group — A Leader in the International Real Estate Market

Metropolitan Group is a prominent leader in the UAE real estate market, with 16 years of experience and a stellar reputation. With offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, we are committed to providing clients with exceptional service and a professional approach.

Trust index from customer reviews

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120+ Awards

from prestigious organizations

Since 2008

Your partner in successful investments

500+ agents

Who specialize in your target area

120,000 customers

Purchased a property from us in the UAE

AED 11 Billion

Amount of real estate sold by us in 2022

60+ Languages

Spoken by our agents and team

90,000+ objects

Sold, rented, and leased throughout the UAE

Strategic Investment Solutions

Our investment experts help you identify properties with the highest growth potential and attractive returns

Exclusive access to the best properties

With a team of 500+ agents, we offer tailored advice across various property segments

End-to-End Support

Rely on our team of legal specialists for smooth property transactions, residence visa assistance, and complete guidance on the UAE market

6 Steps to Success with Metropolitan

Find your ideal property effortlessly with our proven 6-step process, designed for a smooth and successful experience from start to finish.

16+ years of excellence in UAE

Trustscore on 420+ reviews

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01

Book a call with us

Understand investor’s goals and preferences

Provide an overview of the Dubai real estate market and available opportunities

02

Select your dream property

Browse a detailed portfolio of projects and areas, and a personalised list of exclusive properties

Discuss potential returns, market trends, and investment strategies

03

We will prepare the documents

Provide guidance on payment schedules and financial planning

Navigate legal complexities with ease and ensure compliance with local regulations

04

Pay booking fee to the developer

Discuss installment plans, handover timelines, and legal details

Pay your booking fee easily online

05

We will do the property snagging

Manage the transaction process, ensuring a smooth and hassle-free experience

Oversee the final handover of the property and address any last-minute concerns

06

Post-Handover Services

Offer property management services, including tenant placement and maintenance

Provide guidance on resale opportunities, market timing, and exit strategies

What Clients Speak about Us

Tina M

We had the pleasure to be supported by Alex - a very talented, trustworthy and professional Agent - our transaction went smooth, we felt well taken care of along the way and are impressed with her efficiency and speed! A truly 5 star experience! Can only recommend her if you are looking for a successful deal and amazing support.

December, 2024

Shahbaz Sarwar

I had the pleasure of working with Mustafa from Metropolitan during my recent home purchase in Town Square, Dubai, and I can confidently say he’s been nothing short of exceptional. Mustafa is not only a fantastic person but also highly knowledgeable, providing expert guidance every step of the way.

December, 2024

P

Paddy Cregan

Joseph was absolutely incredible, one of the most trusting, hard working and transparent people I have met in my search for a property. He takes his job very seriously and constantly went out of his way to help us...This was so refreshing as this is a new country and experience. We cannot thank Joseph enough...

March, 2024

D

David Kohen

I recently had the pleasure of working with Mr.Ameer Mohamad from Metropolitan Premium Properties to sell my home, and I cannot speak highly enough of the outstanding service I received...Ameer Mohamad possesses an extensive knowledge of the local market, providing valuable insights and advice that proved instrumental in selling the property.

May, 2024

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