Off-plan properties
2-r. new flat, 2185 ft²
in REEF 997
1 404 401 $
643 $/ft²
2185 ft²
1 / 11 floor
Dubai (United Arab Emirates), Dubai Islands
REEF 997
Under construction, 1st 2028
Developer: Reef Real Estate
Description
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2-Bedroom Apartment 203 m² in REEF 997, Dubai Islands — Exclusive Spacious Layout with Direct Access to Facilities.
This 203 m² two-bedroom apartment on the 1st floor of REEF 997 is a rare find in Dubai’s real estate market. With its oversized layout, large living spaces, and contemporary design, it offers a perfect solution for families seeking comfort or investors targeting premium rental demand. The ground-floor location adds convenience and makes this unit especially attractive.
Apartment Features:
– Size: 203 m²;
– Layout: 2 bedrooms, spacious living room, open-plan kitchen;
– Floor: 1;
– Handover: Q1 2028.
Key Advantages:
– Rare two-bedroom unit with over 200 m² of space;
– Ground-floor location with easy access to common facilities;
– Flexible 60/40 payment plan;
– High rental demand among premium tenants;
– ROI of 6–8% annually with strong price growth expected by 2028.
Amenities of the Complex:
– Infinity swimming pool and children’s pool;
– Jacuzzi and relaxation areas with hammocks and sun loungers;
– Open-air cinema;
– Modern fitness center;
– Underground parking and concierge services.
Location and Connectivity:
– 5 minutes to Waterfront Market and Dubai Cruise Terminal;
– 15 minutes to DXB International Airport;
– 20–25 minutes to Downtown Dubai, Burj Khalifa, The Dubai Mall, and Palm Jumeirah.
About the Developer:
REEF Development is known for delivering modern residential projects that combine high-quality design, comfort, and prime locations.
Payment Plan:
– 20% — down payment;
– 40% — during construction;
– 40% — upon handover.
Frequently Asked Questions:
— When will the project be completed?
– Handover is scheduled for Q1 2028.
— What makes this unit special?
– Its 203 m² size and ground-floor location make it one of the rarest 2BR options in the market.
— Is this apartment suitable for rental?
– Yes, it is highly attractive for premium tenants and families.
— Is there an installment plan?
– Yes, a 60/40 interest-free payment plan is available.
— Can I purchase with a mortgage?
– Yes, the project is eligible for UAE mortgage programs.
Contact me to receive consultation, updated prices, and a selection of available floor plans in REEF 997.
Characteristics
Property type
New flat
Building type
Monolith frame
Rooms
2
Restrooms
2+
Area
2185 ft²
Ceiling height
2.20 m
Furniture
Kitchen only
Finishing
Repair from Developer
Completion date
1st 2028
House type
Monolith frame
Window view
Road
Parking
Under ground
Apartments
Yes
Amenities
Balcony, concierge, passenger elevator, swimming pool
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Property typeNew flatBuilding typeMonolith frameRooms2Restrooms2+Area2185 ft²Ceiling height2.20 mFurnitureKitchen onlyFinishingRepair from DeveloperCompletion date1st 2028House typeMonolith frameWindow viewRoadParkingUnder groundApartmentsYesAmenitiesBalcony, concierge, passenger elevator, swimming pool
Purchase conditions
Installment
Possible
Encumbrance
No
Assignation
No
Proprietorship
Owner
Location
Developer
Reef Real Estate
Address
Dubai (United Arab Emirates), Dubai Islands
1 404 401 $
643 $/ft²
2185 ft²
Mariya Levenskikh
Object broker
Contact
information
information
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