Reef 995 is a stunning residential development nestled within the Dubai Land Residence Complex, featuring a diverse array of luxury homes, including studios, as well as one, two, and three-bedroom apartments. Each residence is uniquely designed with REEF’s innovative Outdoor-Cooled Sunken Balcony, providing residents with an enjoyable outdoor space even during the hottest months of the Dubai summer.
Strategically situated in Dubai Land Residence Complex, Reef 995 offers effortless connectivity to Al Ain Road and Emirates Road, ensuring quick access to major destinations across Dubai. Residents will find themselves in close proximity to essential amenities and leading leisure attractions, such as IMG Worlds of Adventure, Global Village, the Dubai Mall, and Dubai International Airport.
Pricing
Unit Type
Starting Price (AED)
Studio
740,000
1 Bedroom
974,000
2 Bedroom
1,530,000
3 Bedroom
1,855,000
Payment Plans
Standard Payment Plan (70/30)
Payment Stage
Percentage
Down Payment
20%
During Construction
50%
On Handover
30%
Post Handover Payment Plan (70/30)
Payment Stage
Percentage
Down Payment
20%
During Construction
52%
On Handover
1%
Post Handover
27%
Handover Date
Expected handover is scheduled for Q4 2028.
About the Developer
Reef Developments stands as an innovative force in the Dubai real estate market, dedicated to enhancing living environments with forward-thinking and practical solutions. Our dedication to exceptional craftsmanship and thorough attention to detail ensures timely project deliveries, setting a high standard in the real estate sector.
Direct-to-developer access via Palmera — no buyer commission, full Palmera support from selection through handover, in your language.
The developer
Reef Luxury Developments
Verified partner · UAE
REEF Luxury Developments is a visionary real estate company committed to elevating the living experience in Dubai. The company focuses on creating innovative, practical solutions that reshape everyday life. Every project reflects a commitment to high quality, exceptional value and meticulous attention to detail.
Dubai Land Residence Complex (DLRC) is a freehold apartment zone inside Dubailand, set within the Wadi Al Safa sector south of the major E311 / E611 arteries. It has emerged as one of the most affordable entry points into the Dubai market — apartments trade at roughly AED 800–1,200 per sqft, a 20–30% discount to nearby JVC and Arjan. With 15 projects on Palmera from developers such as Object 1, Reef Luxury, Peace Homes and Tarrad, and gross rental yields of 7.5–9% driven by tenant demand from Academic City and Dubai Silicon Oasis, DLRC is built for yield-focused investors rather than trophy buyers.
7.5–9%Rental yieldThe Aquila School (UK curriculum, ~3 min)NearbyGEMS FirstPoint School (British, at The Villa nearby)NearbyAcademic City · ~5 minDrive time
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