About Reef 996
Reef 996 is a residential tower by Reef Luxury Developments, in Me'Aisem First, Dubai. It rises 24 storeys (a ground floor, 3 podium levels and 20 floors), built as a concrete structure with internal and external finishes. The project comprises 505 homes.
Key information
Developer
Reef Luxury Developments
- Expected handover
- TBC
- Status
- Pending
- Location
- Me'Aisem First, Dubai
- Master project
- International Media Production Zone
- Construction started
- 2025
- Number of buildings
- —
- Number of units
- 505
- Registered with DLD
- 18 Nov 2025
- Escrow bank
- First Abu Dhabi Bank
- Escrow account no.
- 19543036
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2025
- Under construction0% complete
- Expected handoverTBC
Construction progress
17 inspection photos from the Dubai Land Department. Latest 01 Sept 2026 at 0% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
6 Elevators
25 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
211
Median price
AED 778K
Median price / sqft
AED 2K+6%
Off-plan share
100%
Priced 49% above than the Me'Aisem First median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 120 | 423 sqft | AED 721K | AED 2K |
| 1 Bed | 68 | 736 sqft | AED 1.1M | AED 2K |
| 2 Bed | 20 | 1,076 sqft | AED 1.6M | AED 1K |
| 3 Bed | 3 | 1,347 sqft | AED 2.1M | AED 2K |
Price per sqft by year
+6% since 2025AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 08 Sept 2026 | Off-plan | 412 sqft | AED 780K | AED 2K |
| 08 Sept 2026 | Off-plan | 698 sqft | AED 1.2M | AED 2K |
| 07 Sept 2026 | Off-plan | 774 sqft | AED 1.2M | AED 2K |
| 07 Sept 2026 | Off-plan | 411 sqft | AED 764K | AED 2K |
| 07 Sept 2026 | Off-plan | 785 sqft | AED 1.3M | AED 2K |
| 03 Sept 2026 | Off-plan | 464 sqft | AED 795K | AED 2K |
| 03 Sept 2026 | Off-plan | 443 sqft | AED 684K | AED 2K |
| 02 Sept 2026 | Off-plan | 453 sqft | AED 741K | AED 2K |
Unit mix
505 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Studio | 274 | - |
| 1 B/R | 143 | - |
| 2 B/R | 66 | - |
| 3 B/R | 22 | - |
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 Me'Aisem First, Dubai.
Me'Aisem First
Dubai, United Arab Emirates
Frequently asked questions
Reef 996 has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 0% complete.
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