REEF 997 1BR Apartment in Dubai Islands — Move-In Ready Value

A 1-bedroom apartment spanning 72 sq m (775 sq ft) in REEF 997 on Dubai Islands — a timely entry into one of Dubai’s most actively developing coastal districts

Dubai Islands is no longer a promise on a masterplan — it’s a destination taking shape with real infrastructure, a growing tenant base and strengthening capital values. This 72 sq m apartment in REEF 997 by Reef Luxury Developments offers a chance to invest in Dubai real estate at the construction stage with a low upfront commitment. Whether you’re targeting rental yield or long-term appreciation, the fundamentals here are pointing in the right direction ahead of the 2028 handover.

Unit highlights — 72 sq m / 775 sq ft

— 1 bedroom with a dedicated private zone;
— combined living and dining area with natural flow between spaces;
— a floor area that sits squarely in the sweet spot for rental demand.

REEF 997 amenities

— infinity pool with an open-sky outlook;
— children’s pool for families with young residents;
— jacuzzi;
— sun loungers and hammock zones for outdoor relaxation;
— open-air cinema on the grounds.

Architecture and concept

REEF 997 follows a G+2P+8 configuration — ground level, two podium parking floors and eight residential storeys. The project combines 1- and 2-bedroom apartments with 3-bedroom duplexes and a 4-bedroom penthouse, keeping the resident community deliberately compact and manageable — a meaningful contrast to the oversized towers that dominate much of Dubai.

About the developer

Reef Luxury Developments is a UAE-based developer focused on residential projects in high-demand locations, with a consistent emphasis on liveable design and well-thought-out communal amenities.

Payment plan

A 60/40 interest-free instalment plan is available:
— 20% — down payment on booking;
— 40% — during the construction phase;
— 40% — on handover.
Completion — 2028.

Location — Dubai Islands

— 5 minutes to Waterfront Market and Dubai Cruise Terminal;
— 15 minutes to Dubai International Airport (DXB);
— 20–25 minutes to Downtown Dubai, Burj Khalifa, Dubai Mall and Palm Jumeirah.

Frequently asked questions

Why is Dubai Islands considered a growth market right now?
— The area is in active development: new retail, hospitality and leisure infrastructure is being introduced at pace, which historically drives both rental demand and capital appreciation in emerging coastal districts.
How does the 60/40 payment plan work in practice?
— You commit 20% at booking, spread the next 40% across the construction timeline and pay the final 40% only at handover — a structure designed to keep your capital working efficiently throughout the build period.
Is a 1-bedroom apartment in REEF 997 better suited for living or renting out?
— Both use cases are well supported. At 72 sq m, the apartment is genuinely comfortable for personal use, while the coastal address and compact format make it attractive for both short-term and long-term tenants.
How many floors does REEF 997 have, and is it a large-scale development?
— Eight residential floors — by Dubai standards, this is a boutique-scale building, which tends to be preferred by both tenants and end-users who value a quieter, more private environment.
Is it still a good time to buy at the current stage?
— With handover in 2028 and construction underway, buyers can still enter at pre-completion pricing before values adjust closer to delivery.

Enquire via the form on this page to receive current availability, floor plans and an investment breakdown for the 72 sq m apartment in REEF 997 on Dubai Islands.