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Off-plan

Reef 995

Reef 995 is an off-plan apartments development by REEF Luxury Developments in Dubai Land Residence Complex, with homes from AED 740,000 on a 60/10/30 payment plan and handover expected in Q3 2028. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.

Starting from AED 740,000

Overview

Apartments in Dubai Land Residence Complex.

Reef 995 is an exceptional luxury residential project that redefines modern living through innovation, elegance, and thoughtful design. The development offers a refined collection of residences ranging from stylish studios to spacious family homes, all created to suit a variety of lifestyles. Every home is designed to deliver a seamless balance between comfort, sophistication, and contemporary living, making the project stand out as a truly distinctive residential offering.

The amenities are crafted to elevate everyday life into a resort-inspired experience. Residents enjoy beautifully landscaped French courtyards, serene wellness zones, outdoor leisure areas, and a striking infinity swimming pool that encourages relaxation and social connection. From fitness spaces and jogging paths to children’s play areas and outdoor entertainment zones, every amenity is designed to support wellbeing, recreation, and a vibrant community lifestyle.

Interiors reflect refined taste and premium quality, with layouts that maximize space, light, and functionality. The residences feature high-quality materials, elegant finishes, and contemporary design details that create warm and inviting living environments. Kitchens are seamlessly integrated into the living spaces, combining modern cabinetry and refined surfaces to deliver both beauty and practicality, while the overall furnishings and finishes convey a sense of understated luxury throughout.

Details

Key facts.

City
Dubai
Starting price
AED 740,000
Status
Off-plan
Handover
Q3 2028
Property types
Apartment
Unit types
Studio – 3 BR
Payment plan
60/10/30
Golden Visa
Below AED 2M from-price

Amenities

Life in and around the building.

  • Shared Gym
  • Balcony
  • Children's Pool
  • Security
  • Children's Play Area
  • Covered Parking
  • Lobby in Building
  • View of Landmark
  • Shared Pool

Payment plan

60/10/30, paid in 4 steps.

60% before handover10% on handover30% post-handover
  1. 120%Down paymentOn booking
  2. 240%Construction instalmentsDuring construction
  3. 310%Handover paymentOn handover
  4. 430%Post-handover instalmentsAfter handover
MilestoneWhenShareAmount (AED)*
Down paymentOn booking20%148,000
Construction instalmentsDuring construction40%296,000
Handover paymentOn handover10%74,000
Post-handover instalmentsAfter handover30%222,000
Total100%740,000

*Worked example on the starting price of AED 740,000. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).

Floor plans

Unit types & sizes.

Unit typeSize (sq ft)
Studio423
Unit typeSize (sq ft)
1 bedroom585
Unit typeSize (sq ft)
2 bedrooms940
Unit typeSize (sq ft)
3 bedrooms1095

Location

In Dubai Land Residence Complex.

Area guide

Investment

The numbers, worked out.

Indicative
Entry price
AED 740,000
Paid before handover
AED 444,000 (60%)
Due on handover
AED 74,000 (10%)
DLD registration (4%)
AED 29,600 verify
Golden Visa threshold
From-price is below AED 2M

Worked from the starting price and the stated payment plan; your unit’s figures come from the sales offer. The 4% DLD figure is DLD’s published sale-registration fee (how it is split is set in the sale agreement). Not financial advice. See the investor guide.

Developer

About REEF Luxury Developments.

Broker (Sovereign Realty) ORN
46342

Sovereign Realty’s broker registration. Trade licence 1430699.

FAQ

Questions about this project.

What is the starting amount at Reef 995?

Homes at Reef 995 start from AED 740,000 for studios. Availability and figures change with each release, so request the latest availability before you reserve.

What is the payment plan for Reef 995?

REEF Luxury Developments offers a 60/10/30 payment plan: 60% during construction, 10% on handover and 30% after handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.

When is handover at Reef 995?

Handover is expected in Q3 2028. Completion dates can move, so check the developer's latest construction update before you plan around it.

What fees sit on top of the payment plan at Reef 995?

Budget for the Dubai Land Department registration fee of 4% of the sale value, usually paid at signing, and Sovereign's brokerage fee of 2%. Any developer admin charge is set in the sale and purchase agreement for the unit.

Does Reef 995 qualify for the UAE Golden Visa?

A home with a purchase value of AED 2 million or more, held in your name, can support a 10-year Golden Visa. Off-plan units need extra documents, so read our Golden Visa guide first.

Who is the developer of Reef 995?

Reef 995 is developed by REEF Luxury Developments. See the developer page for their other projects in Dubai.

How do I get the floor plans and brochure for Reef 995?

Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for Reef 995.

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