REEF 998

REEF 998 Project: Redefining Modern Living in Dubai Land Residential Complex (DLRC)

The REEF 998 project in the Dubai Land Residential Complex (DLRC) marks a new milestone in Dubai’s real estate development. It embodies a comprehensive vision that combines architectural innovation, luxurious living, and smart sustainability.

Developed by Reef Luxury Development, a leading name in premium real estate, the project builds upon the success of its predecessors, REEF 999 in Al Furjan and REEF 1000 DLRC, which have achieved remarkable market recognition in the UAE.

This new project embodies the company’s philosophy of crafting urban designs that prioritize quality of life while striking a balance between aesthetics and functionality, offering a fully integrated model for modern living where smart design meets everyday comfort in a vibrant residential environment.

Strategic Location

REEF 998 is situated in the heart of DLRC, benefiting from a prime geographic location that allows easy access to Dubai’s main districts. The project is just 15 minutes from Downtown Dubai and 20 minutes from Dubai International Airport. It is also conveniently close to the metro (with planned future extensions) and surrounded by schools, hospitals, shopping centers, and entertainment hubs.

Architectural Design: Elegance Meets Functionality

The REEF 998 project is a prime example of architecture that combines aesthetic innovation with practical functionality. It is built on a multi-purpose podium spanning two floors dedicated entirely to modern facilities, topped with a 23-story residential tower.

The project features only 323 residential units, ensuring low density and high privacy.

Unit Types:

• Luxury Studios
• One-Bedroom Apartments
• Two-Bedroom Apartments
• Three-Bedroom Apartments

Each unit features meticulous interior design with high-quality finishes and open spaces that maximize natural light.

Patented Cooled Sunken Balconies: An Engineering Innovation

One of the most distinctive features of the REEF 998 project is its patented cooled sunken balcony. This unique innovation by Reef allows residents to enjoy the outdoors year-round through an advanced external cooling system.

This feature revolutionizes residential comfort in the UAE climate, combining natural design, environmental sustainability, and modern technology.

Full-Service Facilities with Hotel-Grade Standards

REEF 998 elevates integrated living by offering an exceptional range of facilities across multiple floors, catering to different ages and lifestyles.

First-Floor Amenities:

• 28-meter Infinity Pool
• Kids’ Pool
• Dedicated Children’s Play Areas
• Fully Equipped Gym
• Outdoor Cinema
• 180-meter Jogging Track
• Family BBQ Area
• Yoga Platform
• Coworking Space
• Sports Facilities: CrossFit, Boxing, Rock Climbing
• Aqua Gym
• Floating Lounge and Sunken Seating
• Hammock Forest
• Trampoline
• Cornhole Game Area

Tower Roof Facilities:

• Cricket Pitch
• Single Paddle Court
• Squash Court
• Skate Park
• Multipurpose Court
• Rest Seating with Fire Pit

Additional Services:

• 24/7 Concierge Services
• Advanced Security and Surveillance Systems
• EV Charging Stations
• Underground Parking
• Green Zones and Zen Gardens for Relaxation

Smart Home Concept: Complete Digital Luxury

The project incorporates the latest smart home technology with Elon Musk Smart Home Systems, enabling residents to control lighting, air conditioning, appliances, and security through a unified app. Kitchens are equipped with high-quality German appliances to ensure efficiency and performance.

All apartments are delivered unfurnished, allowing owners to customize spaces according to their personal tastes.

Payment Plan and Investment Value

Reef Luxury Development offers a flexible payment plan unmatched in the market:

• 70% of the property value during construction
• Remaining 30% over 30 months after handover
• Monthly interest of only 1%

This plan enables investors to potentially offset installment payments with rental income, enhancing cash flow and return on investment. The combination of a flexible payment schedule, high demand for rentals, and attractive yields positions REEF 998 as an appealing option for both end-users and long-term investors seeking value growth and steady income.

The project is scheduled for delivery in June 2028 and is officially registered with the Dubai Land Department (DLD) under project number 3219.

Reef Luxury Development Vision and Future Strategy

Reef Luxury Development adopts a strategy focused on innovation, quality, and sustainability. Led by Founder & CEO Mr. Samer Al Naqbi, the company has announced a massive expansion plan:

• Launching 30 new real estate projects worth AED 14 billion by December 2025
• Developing 5,000 additional residential units in projects valued at AED 5 billion in the coming months
• Investing AED 40 million in R&D to enhance smart technologies and sustainable solutions in future projects

Through these initiatives, the company aims to redefine luxury living in Dubai, emphasizing green spaces, social amenities, and connected sustainable communities.

Dubai Land (DLRC): A Complete Community for Living and Entertainment

Dubai Land is one of the most diverse communities in the emirate, combining luxury residences with integrated entertainment, education, and healthcare facilities. The area hosts world-class leisure destinations, including:

• Dubai Parks and Resorts
• LEGOLAND Dubai
• Bollywood Parks
• Motiongate Dubai
• LEGOLAND Water Park

Additionally, Dubai Land offers golf courses, tennis courts, cycling tracks, and public gardens, making it ideal for families and active lifestyle enthusiasts.

Key Facts and Figures for REEF 998 DLRC

Frequently Asked Questions

Is REEF 998 available for freehold ownership?

Yes, the project is offered as freehold, allowing both local and foreign investors to fully own units without restrictions.

What makes REEF 998 unique compared to other Dubai projects?

The project features patented cooled sunken balconies and over 20 high-end amenities in a luxurious urban setting.

Is the project suitable for long-term investment?

Yes. With its strategic location in the growing DLRC area and flexible payment plan with high rental yield potential, REEF 998 is a promising investment opportunity.

What facilities are available for children and families?

The project includes kids’ pools, safe play areas, green gardens, and an outdoor cinema, making it ideal for families.

When is the project expected to be delivered?

The project is scheduled for handover in June 2028, with construction progressing rapidly to meet the timeline.

Our team at Avais Real Estate is here to assist you with any questions about the REEF 998 project. Reach out today to explore your investment options and secure your place in this exceptional community.

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REEF 999