Market bulletin · Thu, 22 Oct 2026
Reef 998: 1 sales worth AED 1.06M in 30 days
Reef 998 recorded 1 sale worth AED 1.06M in the 30 days to Thu, 22 Oct 2026. Over the last week 1 sale was registered (AED 1.06M), against 0 the week before.
The median sale over the last three months was AED 1.06M, or AED 1,607/sqft. Monthly medians over the past year ranged from AED 1,385/sqft to AED 1,657/sqft.
By market over 12 months: developer off-plan sales 99.3%, off-plan resales 0.7%.
In Dubailand Residence Complex, Reef 998 ranked #8 of 11 leading projects by 12-month sales value; it is developed by Reef Luxury Development. Its first registered sale was on 24 June 2025.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | AED 1,587 |
| Jun 26 | AED 1,385 |
| May 26 | AED 1,535 |
| Apr 26 | AED 1,604 |
| Mar 26 | AED 1,467 |
| Feb 26 | AED 1,515 |
| Jan 26 | AED 1,538 |
| Dec 25 | AED 1,489 |
| Nov 25 | AED 1,581 |
| Oct 25 | AED 1,657 |
| Sept 25 | AED 1,648 |
| Aug 25 | AED 1,603 |
| Jul 25 | AED 1,615 |
| Jun 25 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 1 | 0 | 0 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 2 | 0 | 0 |
| Jul 26 | 16 | 1 | 0 |
| Jun 26 | 7 | 0 | 0 |
| May 26 | 8 | 0 | 0 |
| Apr 26 | 9 | 0 | 0 |
| Mar 26 | 5 | 0 | 0 |
| Feb 26 | 17 | 0 | 0 |
| Jan 26 | 26 | 0 | 0 |
| Dec 25 | 21 | 0 | 0 |
| Nov 25 | 26 | 0 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | — | AED 1.06M | — | — |
| Last 3 months | 7 | down 75.9% | AED 6.99M | 1,607 | up 4.3% |
| Last 6 months | 36 | down 67.0% | AED 41.6M | 1,563 | up 2.2% |
| Last 12 months | 145 | up 57.6% | AED 161M | 1,546 | down 6.2% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 144 | 99% | AED 1.08M | 1,544 | down 6.3% |
| Off-plan resale | 1 | 1% | — | — | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 37 | 26% | AED 760K | 1,714 | up 0.9% |
| 1 bedroom | 64 | 44% | AED 1.06M | 1,546 | up 4.5% |
| 2 bedrooms | 40 | 28% | AED 1.44M | 1,428 | unchanged 0.0% |
| 3 bedrooms | 4 | 3% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 144 | 99% | AED 1.08M | 1,546 | down 6.2% |
| AED 2M–10M | 1 | 1% | — | — | — |
Competing projects in Dubailand Residence Complex
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Samana Boulevard HeightsSamana Developers | 402 | 1,431 | down 1.4% |
| Vista by VisionVision Developments - Vision Platinum Real Estate Development | 244 | 1,250 | down 3.3% |
| Weybridge Gardens 4 (Kensington Gardens)Leos Development | 228 | 1,368 | — |
| Peace Lagoons 2Peace Homes Development | 221 | 1,243 | down 1.8% |
| Cove GrandImtiaz Real Estate Investment And Development | 228 | 1,549 | — |
| Le Blanc ResidenceImtiaz Real Estate Investment And Development | 179 | 1,658 | — |
| CybeleWadan Real Estate Development | 169 | 1,328 | — |
| Peace LagoonsPeace Homes Development | 139 | 1,417 | — |
| Samana ParkvilleSamana Developers | 127 | 1,475 | — |
| Seraph by WadanWadan Real Estate Development | 143 | 1,273 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.44M | 2 BR Apartment · 1,002 sqftReef 998 · Dubailand Residence Complex | 27 Jul |
| AED 1.08M | 1 BR Apartment · 671 sqftReef 998 · Dubailand Residence Complex | 10 Aug |
| AED 1.06M | 1 BR Apartment · 644 sqftReef 998 · Dubailand Residence Complex | 19 Oct |
| AED 1.06M | 1 BR Apartment · 671 sqftReef 998 · Dubailand Residence Complex | 30 Jul |
| AED 1.01M | 1 BR Apartment · 671 sqftReef 998 · Dubailand Residence Complex | 12 Aug |
| AED 841K | Studio Apartment · 478 sqftReef 998 · Dubailand Residence Complex | 30 Jul |
Questions about Reef 998
What is the average price per sqft in Reef 998?
The median sale price in Reef 998 over the last three months was AED 1,607 per sqft (median sale AED 1.06M), based on 7 sales registered with Dubai Land Department.
How many properties were sold in Reef 998 in the last year?
145 sales worth AED 161M were registered in the last 12 months: 99% developer off-plan, 1% 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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