Unit 504, 997 Residences: what it sold for and what it is worth now

Unit 504 at 997 Residences is a 2 bed of 1,218 sq ft. It last sold for AED 2,996,369 on 14 Nov 2025. At AED 2,411 per sq ft, from 4 sales in the building in the last 12 months (2 bed), it is worth about AED 2,936,000 today.

Value todayAED 2,936,000AED 2,918,000 to AED 2,954,000
Last saleAED 2,996,36914 Nov 2025 · Off-plan
Change since last sale-2.0%Building trend alone: AED 2,989,029
Bedrooms2 bed
Size1,218 sq ft
Floor5 (from the unit number)
Position in the towerStack 04: units ending 04 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 504

DatePriceSizeAED/sq ftType
14 Nov 2025AED 2,996,3691,218 sq ft2,460Off-plan

Latest 2 bed sales in 997 Residences

UnitDatePriceSizeAED/sq ftType
60725 Jun 2026AED 2,885,3171,222 sq ft2,361Off-plan
70722 Jun 2026AED 2,950,1561,222 sq ft2,414Off-plan
6064 May 2026AED 2,927,5861,216 sq ft2,408Off-plan

How we worked out the value

We took the 4 sales in 997 Residences in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 2,411). We multiplied it by the size of this unit (1,218 sq ft). The range uses the middle half of those sales (AED 2,396 to AED 2,426 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,989,029. 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 504 at 997 Residences worth?

About AED 2,936,000 (range AED 2,918,000 to AED 2,954,000), based on AED 2,411 per sq ft from registered sales up to 21 Sep 2026.

When did unit 504 last sell?

14 Nov 2025, for AED 2,996,369 (off-plan). It has 1 registered sale.

Sales alert for 997 ResidencesAll sales in 997 Residences

Unit 502 · Unit 508