About Reef 1000
Reef 1000 is a residential and commercial building by Reef Luxury Developments, in Wadi Al Safa 5, Dubai. It rises 8 storeys (a ground floor, 1 podium level, 6 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 126 homes.
Key information
Developer
Reef Luxury Developments
- Expected handover
- TBC
- Status
- Under construction
- Location
- Wadi Al Safa 5, Dubai
- Master project
- Dubai Land Residence Complex
- Construction started
- 2024
- Number of buildings
- 1
- Number of units
- 126
- Registered with DLD
- 09 Oct 2024
- Escrow bank
- First Abu Dhabi Bank
- Escrow account no.
- 1011226141046002
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2024
- Under construction50% complete
- Expected handoverTBC
Construction progress
52 inspection photos from the Dubai Land Department. Latest 14 Jul 2026 at 50% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
2 Swimming Pools
Covered Parking
2 Elevators
9 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
99
Median price
AED 1.1M
Median price / sqft
AED 1K+0%
Off-plan share
100%
Priced 34% above than the Wadi Al Safa 5 median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 42 | 452 sqft | AED 645K | AED 1K |
| 1 Bed | 34 | 838 sqft | AED 1.2M | AED 1K |
| 2 Bed | 23 | 1,311 sqft | AED 1.9M | AED 1K |
Price per sqft by year
+0% since 2024AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 12 Aug 2026 | Off-plan | 1,338 sqft | AED 2.1M | AED 2K |
| 18 Jun 2026 | Off-plan | 858 sqft | AED 1.2M | AED 1K |
| 11 Jun 2026 | Off-plan | 847 sqft | AED 1.1M | AED 1K |
| 11 Jun 2026 | Off-plan | 475 sqft | AED 572K | AED 1K |
| 11 Jun 2026 | Off-plan | 475 sqft | AED 572K | AED 1K |
| 11 Jun 2026 | Off-plan | 922 sqft | AED 1.1M | AED 1K |
| 08 Jun 2026 | Off-plan | 1,816 sqft | AED 2.7M | AED 2K |
| 05 Jun 2026 | Off-plan | 1,222 sqft | AED 1.7M | AED 1K |
Unit mix
126 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 1 | - |
| Studio | 53 | 429 - 475 sqft |
| 1 B/R | 44 | 745 - 1,042 sqft |
| 2 B/R | 28 | 1,076 - 1,827 sqft |
Payment plan
Payment plans are set by Reef Luxury and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Wadi Al Safa 5, Dubai.
Wadi Al Safa 5
Dubai, United Arab Emirates
Frequently asked questions
Reef 1000 has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 50% complete.
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