
997 Residences, Dubai Islands · by Reef Luxury Development
An off-plan 1-bed in 997 Residences sells for about AED 2.11m
Median of 16 off-plan sales in the 12 months to 20 Oct 2026, from Land Department records. Last sale in the tower: 21 Sep 2026.
- The project
- The homes are apartments, duplexes and a penthouse. Each home has a patented outdoor cooled sunken balcony and winter garden. The building also has cooled outdoor amenities such as a cinema and a kids area, plus an infinity pool and a hammock forest. Sources: reefdevelopments.ae
- The developer says
- Reef 997 redefines beachfront living on Dubai Islands, with every apartment crafted as a sanctuary of elegance, comfort and style. As given on propsearch.ae
- The market says
- 20 off-plan sales in the 12 months to 20 Oct 2026 at AED 2,618 per sq ft; 1 home for sale now.

“997 Residences is off-plan, due in 2028, so no owner has sold a completed home here yet. Buyers took 20 homes here in the 12 months to 20 Oct 2026, at about AED 2,618 per sq ft. Sales are slow. Ask for a better payment plan before you sign, and compare the price with a completed tower next door.”
- Size
- 11 floors · 63 units
Pictures of 997 Residences
8 pictures of this building: developer renders. Each shows its source; select one to open it there. A drawing is made by BUY DUBAI from real pictures and is marked as a drawing.
From the developer: Reef Luxury Development
What Reef Luxury Development publishes about 997 Residences. Pictures are the developer's artist's impressions, not photos of the building. Each fact shows where it comes from; a fact read from the developer's text is checked word for word.

Artist's impression · Reef Luxury Development · source

Artist's impression · Reef Luxury Development · source

Artist's impression · Reef Luxury Development · source

Artist's impression · Reef Luxury Development · source

Artist's impression · Reef Luxury Development · source

Artist's impression · Reef Luxury Development · source

Artist's impression · Reef Luxury Development · source

Artist's impression · Reef Luxury Development · source
- Homes
- 63 reefdevelopments.ae
- Unit types
- apartments (1-3 bed), duplexes, penthouse (4 bed) reefdevelopments.ae
- Handover (developer)
- Q1 2028 reef-997.com
- Payment plan (developer)
- 50/50 on Handover; 45/5/50 Post Handover reefdevelopments.ae
- Views
- Sea views over the Gulf reef-997.com
- Amenities
- Infinity Swimming Pool, Hammock Forest Area, BBQ Area, Cooled kids area, Gym, Outdoor Cooled Cinema, Sunken Balconies, Winter Gardens reefdevelopments.ae
- Location
- Dubai Islands, Dubai reef-997.com
Documents
- Developer web page · reefdevelopments.ae
Checked, not found: floor plans, a video, a brochure or other PDF. We searched the developer site and the web on 13 Oct 2026. Ask Reef Luxury Development for the latest brochure and floor plans.
Street view of 997 Residences
The street outside, live from Google, about 55 m from the building. Drag to look around.
Imagery: Google Street View · Open in Google Maps
997 Residences on the map
Three views of the same place, from the same direction. The other towers we cover are on all three: click one to open its page.
The map loads when you reach it.
3D: AI picture models of our towers (height and position from the map, detail approximate) and blocks from OpenStreetMap heights.
Construction progress: not found
We found no public progress record for this tower. Ask the developer for the latest inspection report from the Land Department.
Payment plan: not found
We checked the pages we hold for this tower and found no payment plan that passed our checks. We do not guess one. Ask the developer for the current plan.
Resale and off-plan prices by bedroom
Resale = a completed home sold on. Off-plan = a home sold before the tower is complete, by the developer or by an earlier buyer (a Land Department "delayed sell"). The two are different markets, so we never mix them in one price. Sold = median price of sales in the 12 months to 20 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A sold median needs 10 sales, an advert median 3 adverts.
| Type | Off-plan: sold | Off-plan: per sq ft | Median asking |
|---|---|---|---|
| 1-bed | AED 2,109,896 (16) | 2,628 | – (0) |
| 2-bed | – (under 10) | – | – (1) |
Sold prices: Land Department sale records to 20 Oct 2026, BUY DUBAI facts cube. Asking and rent are adverts, not contracts.
Sales we leave out of every median, count and chart (0 of 20 here): bulk transfers, meaning 5 or more completed homes sold within two days at prices per sq ft within 25% of each other (0); a sale at exactly the same price as that unit's sale before (0); a size more than 1.6 times the usual size for the recorded type, or a "studio" above 750 sq ft (0). They stay in the list below with a label.
Too few off-plan sales to state a yearly change
Median AED 2,618 per sq ft in the 12 months to 20 Oct 2026 (20 off-plan sales). A yearly change needs at least 30 sales in each of the two 12-month periods.
Too few quarters with sales to draw a chart.
Bars: median AED per sq ft by quarter. Blue line and blue numbers under the bars: number of sales in the quarter. Last 16 quarters at most; Land Department records, quarters with 10 or more sales. Off-plan sales are 100% of sales in the last 12 months, so the bars can mix launch and resale prices.
Every sale since 2025: 20 sales of 20 units
Newest first. Each sale is marked Resale or Off-plan. The last column shows the change from the same unit's sale before.
| Unit | Type | Sq ft | Price | AED per sq ft | Date | Market |
|---|---|---|---|---|---|---|
| 202 | 1-bed | 834 | AED 2,280,165 | 2,733 | 21 Sep 2026 | Off-plan |
| 607 | 2-bed | 1,222 | AED 2,885,317 | 2,360 | 25 Jun 2026 | Off-plan |
| 707 | 2-bed | 1,222 | AED 2,950,156 | 2,414 | 22 Jun 2026 | Off-plan |
| 508 | 1-bed | 778 | AED 1,878,340 | 2,414 | 16 Jun 2026 | Off-plan |
| 502 | 1-bed | 834 | AED 2,257,363 | 2,706 | 3 Jun 2026 | Off-plan |
| 609 | 1-bed | 771 | AED 2,189,700 | 2,840 | 18 May 2026 | Off-plan |
| 702 | 1-bed | 834 | AED 2,109,896 | 2,529 | 18 May 2026 | Off-plan |
| 408 | 1-bed | 778 | AED 2,031,670 | 2,611 | 15 May 2026 | Off-plan |
| 602 | 1-bed | 834 | AED 2,167,285 | 2,598 | 7 May 2026 | Off-plan |
| 606 | 2-bed | 1,216 | AED 2,927,586 | 2,408 | 4 May 2026 | Off-plan |
| 409 | 1-bed | 771 | AED 2,026,186 | 2,628 | 25 Mar 2026 | Off-plan |
| 608 | 1-bed | 778 | AED 2,184,591 | 2,808 | 24 Mar 2026 | Off-plan |
| 708 | 1-bed | 778 | AED 2,041,673 | 2,624 | 14 Feb 2026 | Off-plan |
| 302 | 1-bed | 834 | AED 2,109,896 | 2,529 | 12 Feb 2026 | Off-plan |
| 709 | 1-bed | 771 | AED 2,026,186 | 2,628 | 5 Jan 2026 | Off-plan |
| 308 | 1-bed | 778 | AED 2,184,591 | 2,808 | 30 Dec 2025 | Off-plan |
| 701 | 1-bed | 1,051 | AED 2,744,499 | 2,611 | 15 Dec 2025 | Off-plan |
| 509 | 1-bed | 771 | AED 2,026,186 | 2,628 | 17 Nov 2025 | Off-plan |
| 504 | 2-bed | 1,218 | AED 2,996,369 | 2,461 | 14 Nov 2025 | Off-plan |
| 309 | 1-bed | 771 | AED 2,026,186 | 2,628 | 12 Nov 2025 | Off-plan |
The official record
Checked, not found. We could not match this tower to a building name in the Dubai Land Department register, so sales before 2020, offices, shops, mortgages and gifts are not shown.
Sales, price cuts, new adverts and news, on WhatsApp. You choose what and how often.
Which side faces what
The direction of each landmark from 997 Residences, and the towers within 150 m that can stand in the way. What a home really sees depends on its floor and its side of the building. We do not have the unit positions for this tower yet, so we cannot tell you the view of one unit.
| Side | What lies that way |
|---|---|
| North | Vestoria Bay, a tower 125 m away |
| East | Natuzzi Harmony Residences by Peace Homes, a tower 71 m away · Wellington Ocean, a tower 79 m away |
| South-east | Flow Residences, a tower 26 m away · Soma Residences, a tower 81 m away |
| South | DIFC 9.0 km · Burj Khalifa 10.7 km · Dubai Design District 11.5 km · Dubai Creek and Ras Al Khor 11.6 km · Sheikh Zayed Road 11.7 km · Meydan racecourse 14.9 km |
| South-west | Liora Residence, a tower 92 m away · Helvetia Marine, a tower 97 m away · Jumeirah beach and the sea 11.4 km · Burj Al Arab and the sea 20.3 km · Dubai Marina skyline 28.5 km |
| North-west | Allegro Park, a tower 76 m away |
No resident reviews: the tower is not built
Nobody lives in 997 Residences yet, so there is nothing a resident can tell you. Reviews you see elsewhere under this name are about the sales office, the developer or another building. What we can show is below: what the developer and the documents say about the project. We add resident reviews after handover.
The project: what the developer and the documents say
The tower is not complete, so these are plans and claims, not facts you can check on site. Each one names its source.
- Developer
- Reef Luxury Development (also written Reef Developments / Reef Luxury Developments)
- Handover due
- 2028
- Floors
- 11
- Apartments
- 63
- Unit mix
- 1-bed and 2-bed apartments, 2-bed podiums, 3-bed duplexes and one 4-bed penthouse (776 to 6,264 sq ft per Augusta; 63 homes in total)
Amenities: Infinity pool, Children's pool, Jacuzzi, Gym, Yoga area, Outdoor cinema, Children's playground, Barbecue area, Landscaped gardens, Cabanas, Lobby lounge, Hammock area, Leisure deck
Where sources disagree
- Payment plan: most pages say 20/40/40; Metropolitan and Binayah also call it 60/40; Augusta's similar-projects list shows 50/50 for REFF 997.
- Handover: Q1 2028 on most pages; House of Orange says Mar 2028; Luxury Property search results says Q3 2028 (wrong page).
- Lowest launch price: AED 2.026M to 2.03M (Metropolitan, Augusta, Binayah, House of Orange) vs AED 2.05M and AED 2.3M in other search results.
- Largest unit size: 6,022 sq ft (Metropolitan, Binayah) vs 6,264 sq ft (Augusta).
- Master area: Propsearch lists Dubai Islands in the text but Palm Deira in the transaction records.
Building
Floors, apartments and completion year
Amenities list
Developer
Who is the developer?
Quality of construction
Finishes
Around
What is being built next to it?
Entertainment within a 15-minute walk
Around 997 Residences
Price against the nearest towers
| Tower | Distance | AED per sq ft, 12 months (sales) |
|---|---|---|
| 997 Residences (this tower) | – | 2,618 (20) |
| Flow Residences | 26 m | 2,202 (26) |
| Natuzzi Harmony Residences by Peace Homes | 71 m | 2,470 (14) |
| Allegro Park | 76 m | 2,148 (26) |
| Wellington Ocean | 79 m | 2,165 (18) |
| Soma Residences | 81 m | 2,074 (5) |
| Liora Residence | 92 m | 2,004 (14) |
| Helvetia Marine | 97 m | 1,921 (10) |
| Vestoria Bay | 125 m | 1,966 (38) |
Drive times with no traffic
| To | Time | Distance |
|---|---|---|
| Dubai Mall | 20 min | 17.8 km |
| DIFC Gate | 17 min | 15.5 km |
| DXB Terminal 3 | 32 min | 19.7 km |
| Dubai Marina Mall | 35 min | 35.8 km |
| Mall of the Emirates | 29 min | 29.5 km |
| Kite Beach | 24 min | 22.1 km |
| DWC airport | 64 min | 68.3 km |
OSRM routing on OpenStreetMap roads. Real times in traffic are longer.
Own a unit here?
Ask for a report on your unit: its sales history, the same type's sales in the last 12 months and the homes for sale against it. A licensed partner agent, named on the report with the registration number, sends it. BUY DUBAI is not a broker and takes no part in the sale.
Method, sources and what we did not find
- Sales: unit-level Dubai Land Department sale records, 12 Nov 2025 to 19 Oct 2026, checked by year against Dubai Land Department open data. Our unit list does not hold every sale, so some sales are missing.
- Listings: one snapshot, 7 Oct 2026. Asking prices and asking rents.
- Residents and building facts: Google Maps reviews and guide pages (augusta-properties.com, binayah.com, houseoforange.ae, metropolitan.realestate, propsearch.ae), read by an AI model on 21 Oct 2026 with a fixed question list. A script checks that each answer names its source.
- Nobody visited the tower. Every fact is from a document, a map or a resident's review.
- Checked, not found for this tower: a Google Maps place, resident reviews, a floor plan document, unit positions on a floor, the side and view of each unit, a licensed photo.
Corrections
Found an error? Tell us what is wrong and how you know. We check it, correct the page and list the change here.
Change log: 21 Oct 2026 first build of this page. No correction yet.