Reef 996
·REEF LUXURY DEVELOPMENTIMPZ, Dubai, UAE
REEF LUXURY DEVELOPMENT
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Project Details
Specifications
REEF 996 is a groundbreaking residential development by Reef Luxury Development, introducing the world’s first Outdoor-Cooled Garden Lounges. This innovative project harmonizes nature and luxury, offering a collection of studios, one-, two-, and three-bedroom apartments. Each residence features the patented Outdoor-Cooled Sunken Balcony, providing a unique outdoor living experience even during the peak summer months in Dubai. The development is strategically located in Dubai Production City, ensuring seamless connectivity to major highways such as Sheikh Mohamed bin Zayed Road and Al Khail Road. Residents will enjoy easy access to business districts and leisure destinations, including the Mall of the Emirates and Dubai Marina. REEF 996 is set to redefine outdoor living, making it a prime investment opportunity in Dubai's dynamic real estate market.
- Developer
REEF LUXURY DEVELOPMENT
- Location
- IMPZ, Dubai
- Status
- Off-Plan
- Category
- luxury_apartmentshighrise_residential
- Total Properties
- 296
- Available Units
- 74
- Storeys
- 20
- Built Area
- 198,000 sqft(18394.79 m²)
- Handover Starts
- 2027-01
Investment
- Estimated Annual Rent
- …
- Rental Yield
- 5%
- Investment Visa Eligible
- ✓
Capital Appreciation (Est.)
Year 5
+35%
Year 10
+70%
Timeline
Launch Date
Sales Started
Construction Started
Completion Date
Handover Starts
Payment Plans
Flexible payment options available for this project
- Start Payment
- 20%
- Interim Payment
- 40%
- End Payment
- 40%
| Payment Type | Start Payment | Interim Payment | End Payment |
|---|---|---|---|
Plan 1 | 20% | 40% | 40% |
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Amenities & Features
Location
IMPZ, Dubai, UAE
Nearby Landmarks
Mall of the Emirates
Dubai Marina
Dubai Production City
Sheikh Zayed Road
Al Khail Road
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