Unit 502, 997 Residences: what it sold for and what it is worth now

Unit 502 at 997 Residences is a 1 bed of 834 sq ft. It last sold for AED 2,257,363 on 3 Jun 2026. At AED 2,599 per sq ft, from 5 sales of units ending 02 (same position in the tower), it is worth about AED 2,167,000 today.

Value todayAED 2,167,000AED 2,110,000 to AED 2,257,000
Last saleAED 2,257,3633 Jun 2026 · Off-plan
Change since last sale-4.0%Building trend alone: AED 2,262,920
Bedrooms1 bed
Size834 sq ft
Floor5 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
Building997 Residences by Reef Luxury Development, handed over 2028
Registered sales of this unit1

Every registered sale of unit 502

DatePriceSizeAED/sq ftType
3 Jun 2026AED 2,257,363834 sq ft2,707Off-plan

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20221 Sep 2026AED 2,280,165834 sq ft2,734Off-plan
70218 May 2026AED 2,109,896834 sq ft2,530Off-plan
6027 May 2026AED 2,167,285834 sq ft2,599Off-plan
30212 Feb 2026AED 2,109,896834 sq ft2,530Off-plan

Latest 1 bed sales in 997 Residences

UnitDatePriceSizeAED/sq ftType
20221 Sep 2026AED 2,280,165834 sq ft2,734Off-plan
50816 Jun 2026AED 1,878,340778 sq ft2,414Off-plan
60918 May 2026AED 2,189,700771 sq ft2,840Off-plan
70218 May 2026AED 2,109,896834 sq ft2,530Off-plan
40815 May 2026AED 2,031,670778 sq ft2,611Off-plan
6027 May 2026AED 2,167,285834 sq ft2,599Off-plan
40925 Mar 2026AED 2,026,186771 sq ft2,628Off-plan
60824 Mar 2026AED 2,184,591778 sq ft2,808Off-plan

How we worked out the value

We took the 5 resale sales of units ending 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,599). We multiplied it by the size of this unit (834 sq ft). The range uses the middle half of those sales (AED 2,530 to AED 2,707 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,262,920. Floor, view, condition and upgrades can move the price either way. Sales data to 21 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 502 at 997 Residences worth?

About AED 2,167,000 (range AED 2,110,000 to AED 2,257,000), based on AED 2,599 per sq ft from registered sales up to 21 Sep 2026.

When did unit 502 last sell?

3 Jun 2026, for AED 2,257,363 (off-plan). It has 1 registered sale.

Sales alert for 997 ResidencesAll sales in 997 Residences

Unit 409 · Unit 504