Reef 997 is the new benchmark for luxury beachfront living on Dubai Islands. It offers 63 residences, including apartments, duplexes, and an exclusive penthouse. It is the world’s first project with outdoor-cooled amenities, sunken balconies, and winter gardens.
60/40
Payment Plan
Q1 2028
Handover
AED 2,030,000
Starting Price
Reef 997 is an exclusive property by Reef Luxury Development that is set to become the new benchmark for coastal club living on Dubai Islands. The 8-storey complex is designed in a minimalist style with an emphasis on light, space and direct connectivity with the surrounding environment.
The concept offers maximum privacy, with only 63 residences on offer. Property at Reef 997 on Dubai Islands is available as 1-2 bedroom apartments and 3 bedroom duplexes. An exclusive option is the single 4-bedroom penthouse, spanning an entire floor.
The size varies from 776 sqft (72 m²) to 6022 sqft (559 m²). The layouts are carefully thought out: spacious living rooms, master bedrooms with walk-in closets, private sitting areas and studies.
The interiors are designed in a soft colour palette using premium materials. The kitchens are equipped with Bosch appliances, the bathrooms with Grohe fixtures, and the aluminium window systems are supplied by Gutmann.
One of the key features of the project is the sunken balconies and winter gardens. In addition, it is the world's first residential complex with the integration of outdoor-cooled amenities.
Reef 997 offers a wide range of resort amenities: a panoramic infinity pool, a dedicated children's pool, a Baja Shelf area, a jacuzzi, poolside cabanas, an open-air cinema, a Hammock Forest Area, BBQ facilities and children's spaces. For sports, there is a gym and a yoga deck. There is also a vegetable garden for growing greens and plants.
The terms for buying property at 997 Residences include an interest-free payment plan: 20% on booking, 40% during construction, and 40% upon handover. The project is scheduled for completion in Q1 2028.
Renders may look slightly different than real life photos
Renders may look slightly different than real life photos
1-Bedroom
2-Bedroom
3-Bedroom
4-Bedroom
FROM AED 2,030,000 ($552,700)
Total Area: 776 sqft (72 m²)
FROM AED 2,999,000 ($814,000)
Total Area: 1220 sqft (113 m²)
FROM AED 6,440,000 ($1,753,300)
Total Area: 2492 sqft (232 m²)
FROM AED 19,810,000 ($5,393,400)
Total Area: 6022 sqft (559 m²)
Dubai Islands is an archipelago off the coast of historic Deira. It consists of five interconnected islands designed by Nakheel as part of the Dubai 2040 Master Plan. Over time, the location will be transformed into a self-contained coastal cluster with resort hotels, cultural venues and long beaches.
The archipelago's main city beach is already open and has become the first in Dubai to be pet-friendly, allowing visitors to walk and swim with their dogs. Kayaks and stand-up paddleboards from a local operator are available there, as well as sports activities on the sand, such as volleyball and mini-football. It adds a rare ‘urban resort’ weekend option to Dubai Islands.
Transport links are rapidly improving: the operating Infinity Bridge and the large-scale reconstruction of the Al Shindagha corridor have ensured uninterrupted traffic flow from Jumeirah across the bridge to the Deira waterfront and on to the island exits. In addition, new interchanges and bridges are constructed and commissioned with a total capacity of over 20,000 cars per hour.
One of the emirate's main markets, Deira Waterfront Market, operates on Dubai Islands, with fish stalls, a food court on the waterfront and 24-hour service. For great shopping and entertainment, head to City Centre Deira. The Dubai Islands Mall is under construction on the islands. The hotel infrastructure is already well developed: the coastal resorts of Riu Dubai and Centara Mirage are open, with a water park, lazy river, kids' clubs and private beaches. This sets the tone for family leisure right on your doorstep and supports the demand for short-term rental property on Dubai Islands in the future.
Social services are provided by institutions on the mainland. Multidisciplinary medical care is available at Dubai Hospital at Deira, and educational options are offered at The Westminster School, Dubai International School, and Deira International School at Festival City. This environment meets the everyday needs of families and expats planning to live on the islands.
Overall, the archipelago forms a distinct ecosystem: beaches and a marina for daily recreation, operating markets and shopping centres nearby, medical and educational institutions within a 10-20 minute drive, an advanced road network, and new projects that are boosting the service infrastructure. In the overall urban agglomeration, this is one of the few areas where coastal living is combined with familiar city logistics — an argument that is appreciated by the discerning audience choosing property in Dubai.
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The economic appeal of property at Reef 997 on Dubai Islands is based on its unique concept and limited number of residences. Against the backdrop of Dubai's numerous high-rise towers, this project stands out for its intimate format, which creates a shortage in the market and increases liquidity in the long term. A huge plus is the innovative solutions: the world's first cooled outdoor-cooled amenities, sunken balconies and winter gardens. These features create a distinctive user experience that directly influences demand and the willingness of tenants and buyers to pay a premium for comfort and exclusivity.
Location is no less important. Dubai Islands is one of the key coastal development projects for property in Dubai, and in the coming years, the area will become a centre of attraction for tourists and Emiratis with resort hotels, waterfronts, shopping centres and marinas. This means that apartments on Dubai Islands will generate high rental income, especially in the premium segment, where Reef 997 is positioned. Its chamber-like atmosphere, thoughtful design, spacious layouts and high degree of privacy make properties here attractive to high-net-worth clients who value unique and prestigious assets.
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Reef 997 is nestled on Dubai Islands, adjacent to the historic Deira district.
Properties at 997 Residences on Dubai Islands include one- and two-bedroom apartments, three-bedroom duplexes, and a single four-bedroom penthouse.
The starting price for a 1-bedroom apartment at Reef 997 is AED 2,030,000 ($552,700), and for a 2-bedroom unit is AED 2,999,000 ($814,000). Duplexes are valued at a minimum of AED 6,440,000 ($1,753,300). You can buy a penthouse at Reef 997 on Dubai Islands for AED 19,810,000 ($5,393,400).
For buying property at Reef 997 on Dubai Islands, there is an interest-free payment option on a 60/40 basis: 20% on booking, 40% during construction and 40% upon handover.
The handover of apartments at 997 Residences is scheduled for Q1 2028.
The project stands out for its patented outdoor-cooled amenities, sunken balconies and winter gardens, as well as its intimate scale of 63 residences and thoughtful interior aesthetics. All of this creates a rare club-style property on Dubai Islands.
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