Reef Luxury Development · IMPZ
Reef 996
Registered prices
From 665,210AED
- Median
- 784,482
- Per square foot
- 1,642
What homes here actually registered at over the last two years, across 230 sales. Not a launch price and not an asking price. “From” is the fifth percentile, so one unusual transfer cannot move it.
Register your interestWhat each size costs here
| Size | From | Median | Sqft |
|---|---|---|---|
| Studio126 | 658,422 | 720,253 | 412 |
| 1 B/R77 | 964,561 | 1,163,992 | 760 |
| 2 B/R24 | 1,448,452 | 1,541,533 | 1,049 |
Registered sales over the last two years. The small number next to each size is how many sales it is based on, and a size with fewer than six is left out rather than guessed at.
Reef 996 is a development of 505 registered units by Reef Luxury Development in IMPZ, registered but not yet under construction.
It was registered with the Dubai Land Department in 2025 and the completion date on the register is September 2028.
230 home sales have been registered here since 2025, all of them in the last twelve months. Over the last two years the cheapest homes registered from around AED 665,210, against a median of AED 784,482, or AED 1,642 per square foot.
Buyer payments for this project are held in an escrow account at Abu Dhabi Islamic Bank, as recorded by the Land Department. Money for an off-plan purchase should go to that account and nowhere else.
Where your money is held
Abu Dhabi Islamic Bank
The Land Department records this as the escrow account for Reef 996. Payments for an off-plan purchase go there, never to a developer’s or an agent’s own account. Ask for the escrow account details in writing and check the bank name against this one.
On the register
Status
Under construction, 0% complete
Completion date on the register
Sep 2028
Registered units
505
Nearest metro
Damac Properties
As recorded against sales in this project by the Land Department.
Escrow bank
Abu Dhabi Islamic Bank
Registered with the Land Department
Nov 2025
Construction start on the register
Oct 2025
Home sales registered
230
230 in the last twelve months
Most recent registered sale
Sep 2026
DLD project number
4062
The last 8 registered sales
| Date | Beds | Price | Per sqft |
|---|---|---|---|
| Sep 2026 | 1 B/R | 1,165,858 | 1,670 |
| Sep 2026 | 1 B/R | 1,165,858 | 1,670 |
| Sep 2026 | Studio | 734,952 | 1,784 |
| Sep 2026 | 2 B/R | 1,583,836 | 1,510 |
| Sep 2026 | 1 B/R | 1,222,269 | 1,579 |
| Sep 2026 | Studio | 780,020 | 1,900 |
| Sep 2026 | Studio | 765,302 | 1,857 |
| Sep 2026 | 1 B/R | 1,260,072 | 1,629 |
Register your interest in Reef 996
Tell us which side of the table you are on and we will come back with what has actually registered in Reef 996, how its prices compare with IMPZ, and an introduction to somebody who works on this inventory.
Source: Dubai Land Department, Project Status register and the transaction register, project number 4062, registered to Reef Luxury Development L.L.C. Prices are registered transaction prices for homes, excluding land and whole-building transfers, and are not asking prices. Completion dates and construction percentages are as published by the Land Department and can change. Nothing here is investment advice.
Dubai Diligence provides information for general informational purposes only and does not provide financial, investment, legal, or tax advice. Figures are derived from official and cited sources and are provided "as is" without warranty of any kind; errors and omissions are possible, and data may lag the underlying registries. Nothing here is a recommendation to buy, sell, or rent any property. Verify independently before making any decision. Believe something is inaccurate? Report it and we will review and correct promptly. See our Terms of Service.
