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Reef 998
206 920 $
Studio
Object delivery
In 2028 year
Installment plan
Yes
Initial contribution
20%
To the sea
35 minutes
Price increase
To 5%
Rental income
From 13 000$ / per year
Exterior
Interior
Rooms
Studio
Price
206 920$
Bedrooms
1
Baths
1
Floor
10
Total area
409 ft²
Service Charge
1337 $
Complete
Full-furnished
Calculate your monthly payment and learn the likelihood of approval
Indicate the value of real estate
100 000 $
100 000 000 $
Indicate the mortgage term
1 year
30 years
Do you have loans? If so, indicate the amount of the monthly payment
100 $
1 000 000 $
Indicate the advance payment
30%
100 000 $
100 000 000 $
Indicate your monthly income
1000 $
1 000 000 $
29 000 $
The amount of payment per month at the rate of 3.9% per annum
89%
Chances for a mortgage
Payment options
100% payment
Installment plan
The first contribution
100%
The first contribution
20%

Payment Plan

Initial Payment: 20%
Installments before handover: 50%
Payment upon handover: 30%

Reef Luxury Development

Reef Luxury Development – Elegance, Comfort & Premium Living

Reef Luxury Development is a refined and design-focused real estate developer in Dubai, specializing in high-quality residential properties that seamlessly combine modern architecture, luxurious interiors, and functional elegance. With each project, Reef sets new standards for premium living, delivering homes that are as beautiful as they are livable.

The company’s developments are located in strategic and high-demand areas, such as Jumeirah Village Circle (JVC), offering strong rental appeal and long-term investment value. Reef projects are known for their signature architectural style, open layouts, panoramic windows, and top-tier finishes that reflect a deep commitment to quality and sophistication.

Reef Luxury Development is ideal for discerning end-users looking for prestige and everyday comfort, as well as for smart investors seeking attractive returns from Dubai’s thriving real estate market.


Key Advantages of Reef Luxury Development:

  • Premium properties in rapidly growing neighborhoods like JVC
  • Stylish and contemporary design with distinctive architecture
  • Spacious units with panoramic windows and high ceilings
  • High-quality finishes and thoughtfully curated interiors
  • Resort-style amenities: pools, gyms, lounge spaces, and kids’ areas
  • Low down payment options starting from 10%
  • Flexible post-handover payment plans
  • High demand from tenants and strong ROI potential

Reef Luxury Development is where modern elegance meets real value, offering a lifestyle that blends beauty, convenience, and long-term confidence in one of the world’s most dynamic cities.

Read more
5 years
In the Dubai market
10%
the first contribution
Top-60
Dubai developer
15%
Objects rented ahead of schedule
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District
Wadi Al Safa 5 is a calm and rapidly developing residential area with good infrastructure and convenient access to major transport routes. It combines affordable housing prices with comfort for families and young professionals. The district attracts residents with its proximity to the city center and relatively low noise levels.
Locations
Sea — 25 minutes Dubai Mall — 20 minutes Burj Khalifa — 22 minutes Dubai International Airport — 18 minutes Expo 2020 — 25 minutes
Type of object
The area is ideal for long-term rentals and comfortable living for families and young professionals seeking a balance of price and convenience. It is not a premium district but offers stable potential for property value growth.
Territory
Reef 998 residential complex offers modern amenities — fitness center, swimming pool, children's playgrounds, 24/7 security, and parking. The district features schools, supermarkets, and green areas for walking and relaxation.
Video review: Reef 998Cove Edition 2