Dubai building data

Reef 998: sale prices and rents

ريف 998

Registered sales and rent contracts for the building Reef 998 in Dubai Land Residence Complex, from Dubai Land Department open data.

Reef 998 (Dubai Land Residence Complex): 200 registered sales in the 12 months to September 2026, median AED 1,556 per sq ft. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
200
+143.9% vs previous 12 months
Median price per sq ft
AED 1,556 per sq ft
−2.9% vs previous 12 months
Median annual rent
under 3 rent contracts
Gross rental yield
under 3 sales

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in Reef 998

StatusSalesMedian per sq ftMiddle range per sq ft
Off-plan200AED 1,556 per sq ft1,456 – 1,685
Readyunder 3under 3under 3

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in Reef 998

Median annual rent
under 3 rent contracts
Median annual rent per sq ft
under 3 rent contracts
Gross rental yield
under 3 sales

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Too few ready apartment sales for a gross rental yield: fewer than 3 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price per sq ft and rents by unit type in Reef 998

Unit typeSalesMedian per sq ftMedian annual rentGross yield
Studio57AED 1,714 per sq ftunder 3 rent contractsunder 3 sales
1 bedroom82AED 1,546 per sq ftunder 3 rent contractsunder 3 sales
2 bedrooms46AED 1,412 per sq ftunder 3 rent contractsunder 3 sales
3 bedrooms13AED 1,346 per sq ftunder 3 rent contractsunder 3 sales

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in Reef 998

MonthSalesMedian per sq ftRent contracts
Jun 20255AED 1,695 per sq ftunder 3
Jul 202518AED 1,528 per sq ftunder 3
Aug 202528AED 1,603 per sq ftunder 3
Sep 202531AED 1,648 per sq ftunder 3
Oct 202526AED 1,649 per sq ftunder 3
Nov 202526AED 1,558 per sq ftunder 3
Dec 202521AED 1,489 per sq ftunder 3
Jan 202626AED 1,530 per sq ftunder 3
Feb 202626AED 1,517 per sq ftunder 3
Mar 202614AED 1,467 per sq ftunder 3
Apr 202613AED 1,597 per sq ftunder 3
May 202610AED 1,528 per sq ftunder 3
Jun 20267AED 1,385 per sq ftunder 3
Jul 202627AED 1,578 per sq ftunder 3
Aug 20263AED 1,499 per sq ftunder 3
Sales per calendar year
YearSalesMedian per sq ft
2025155AED 1,603 per sq ft

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

Reef 998 is a building in the DLD area Wadi Al Safa 5.

Reef 998 belongs to the project Reef 998.

Names as in the registered transactions and rent contracts; company names are not shown.

More buildings in Dubai Land Residence Complex

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  • FLOAREA OASIS 176 registered transactions and rent contracts in 12 months.
  • AZUL 160 registered transactions and rent contracts in 12 months.
  • Celesto Tower 154 registered transactions and rent contracts in 12 months.
  • NEON 154 registered transactions and rent contracts in 12 months.
  • CYAN 153 registered transactions and rent contracts in 12 months.

Questions about Reef 998

How many sales were registered in Reef 998?
200 sales were registered in Reef 998 in Oct 2025 – Sep 2026.
What is the median price per sq ft in Reef 998?
The median price of registered sales in Reef 998 was AED 1,556 per sq ft in Oct 2025 – Sep 2026.
Which DLD area is Reef 998 in?
Reef 998 is registered in the Dubai Land Department area Wadi Al Safa 5 (Dubai Land Residence Complex).

Method and source

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae