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Project · #1644 by 12M value

997 Residences

Dubai Islands · Reef Luxury Development

Median price per sqft · last 3 months

— /sqft

3M like-for-like
—
vs 1 year ago
—
Sales 30D
0

Market bulletin · Thu, 22 Oct 2026

997 Residences: 0 sales worth AED 0 in 30 days

997 Residences recorded 0 sales worth AED 0 in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.

By market over 12 months: developer off-plan sales 100%.

In Dubai Islands, 997 Residences ranked #11 of 11 leading projects by 12-month sales value; it is developed by Reef Luxury Development. Its first registered sale was on 12 November 2025.

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26—
Sept 26—
Aug 26—
Jul 26—
Jun 26—
May 26AED 2,598
Apr 26—
Mar 26—
Feb 26—
Jan 26—
Dec 25—
Nov 25—

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26000
Sept 26100
Aug 26000
Jul 26000
Jun 26300
May 26500
Apr 26000
Mar 26000
Feb 26100
Jan 26100
Dec 25200
Nov 25300

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
WindowSalesvs priorValueAED/sqftvs prior
Last 1 month0—AED 0——
Last 3 months1down 87.5%AED 2.28M——
Last 6 months9up 28.6%AED 21.4M2,529down 3.8%
Last 12 months16—AED 37.5M2,611—

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Off-plan (developer)16100%AED 2.18M2,611—
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
1 bedroom1275%AED 2.08M2,626—
2 bedrooms425%———
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
Under AED 2M16%———
AED 2M–10M1594%AED 2.18M2,611—

Competing projects in Dubai Islands

Compare

Other projects trading in the same community

Peers
NameSales 12MAED/sqft3M
Bay Villas Dubai IslandNakheel921,860—
Ellington Sands 2A -Ellington Cove 2AEllington Properties Development2612,974—
Ellington Sands 1A -Ellington Cove 1AEllington Properties Development2432,788—
Hado by Beyond Tower ABeyond Developments1653,081—
Hado by Beyond Tower BBeyond Developments1453,508—
Hado by Beyond Tower CBeyond Developments1453,142—
MERIVA SUNSET1203,394—
LIV OceansideLIV Real Estate Development863,151—
Ellington Sands 1B -Ellington Cove 1BEllington Properties Development912,755—
Ellington Sands 2B -Ellington Cove 2BEllington Properties Development882,785—

Biggest sales, last 3 months

Biggest sales in 997 Residences
PricePropertyDate
AED 2.28M1 BR Apartment · 834 sqft997 Residences · Dubai Islands21 Sept

Questions about 997 Residences

How many properties were sold in 997 Residences in the last year?

16 sales worth AED 37.5M were registered in the last 12 months: 100% developer off-plan, 0% off-plan resales and 0% secondary (ready) sales.

Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.

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