Unit 508, 997 Residences: what it sold for and what it is worth now

Unit 508 at 997 Residences is a 1 bed of 778 sq ft. It last sold for AED 1,878,340 on 16 Jun 2026. At AED 2,624 per sq ft, from 5 sales of units ending 08 (same position in the tower), it is worth about AED 2,042,000 today.

Value todayAED 2,042,000AED 2,032,000 to AED 2,185,000
Last saleAED 1,878,34016 Jun 2026 · Off-plan
Change since last sale+8.7%Building trend alone: AED 1,878,340
Bedrooms1 bed
Size778 sq ft
Floor5 (from the unit number)
Position in the towerStack 08: units ending 08 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 508

DatePriceSizeAED/sq ftType
16 Jun 2026AED 1,878,340778 sq ft2,414Off-plan

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
40815 May 2026AED 2,031,670778 sq ft2,611Off-plan
60824 Mar 2026AED 2,184,591778 sq ft2,808Off-plan
70814 Feb 2026AED 2,041,673778 sq ft2,624Off-plan
30830 Dec 2025AED 2,184,591778 sq ft2,808Off-plan

Latest 1 bed sales in 997 Residences

UnitDatePriceSizeAED/sq ftType
20221 Sep 2026AED 2,280,165834 sq ft2,734Off-plan
5023 Jun 2026AED 2,257,363834 sq ft2,707Off-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 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,624). We multiplied it by the size of this unit (778 sq ft). The range uses the middle half of those sales (AED 2,611 to AED 2,808 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,878,340. 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 508 at 997 Residences worth?

About AED 2,042,000 (range AED 2,032,000 to AED 2,185,000), based on AED 2,624 per sq ft from registered sales up to 21 Sep 2026.

When did unit 508 last sell?

16 Jun 2026, for AED 1,878,340 (off-plan). It has 1 registered sale.

Sales alert for 997 ResidencesAll sales in 997 Residences

Unit 504 · Unit 509