New Development in Dubai
Reef 996 is an off-plan studio apartment development in Dubai by Reef Luxury Development. Prices range from AED 787,538 to AED 3,036,525 for units of 452–1,901 sq ft. Handover is scheduled for September 2028 on a 10% Booking, 90% Construction payment plan.

Reef 996 – studio apartment in Dubai by Reef Luxury Development. AED 787,538. Enquire with Unwind Properties today.
##### Project general facts Reef 996 stands out with a modern architectural identity shaped by clean vertical lines, and an impressive integration of innovation into the building’s core design. Its structure seamlessly blends refined aesthetics with functional engineering, establishing a landmark presence defined by the world’s first Outdoor-Cooled Garden Lounges and patented Outdoor-Cooled Sunken Balconies — features that extend the living environment beyond the interior in every season. The residence offers a versatile selection of homes, including studios, one-bedroom, two-bedroom, and three-bedroom apartments ranging from 400 to nearly 1,900 sq.ft. Each unit is thoughtfully designed to maximize space, natural light, and comfort, with high ceilings, panoramic windows, and elegant lines that create a serene indoor atmosphere. The integration of sunken balconies as cool, outdoor extensions enhances the functionality and beauty of every layout, delivering a lifestyle that harmonizes sophistication with everyday practicality. A rich collection of amenities elevates the residential experience, centered around the world’s first Outdoor-Cooled Garden Lounges — exclusive outdoor spaces crafted for comfort even in Dubai’s peak summer months. The development features cinema areas, BBQ zones, yoga and Pilates studios, a fully equipped gym, CrossFit area, an infinity pool with cabanas and a Baja shelf, kids’ pool, basketball and cricket courts, wall climbing facilities,...
Reef 996 is developed by Reef Luxury Development, the named developer responsible for project planning, construction oversight, and delivery.
Reef 996 is located in Dubai, United Arab Emirates, positioned as an off-plan new development within the city.
Reef 996 offers studio apartments as the listed unit type in this off-plan development; pricing information indicates studio, 1-, 2- and 3-bedroom unit categories are available across the development.
Starting price for Reef 996 is AED 780,680.99; unit-type pricing indicates studios, 1-, 2- and 3-bedroom units are all priced below the AED 2,000,000 threshold. The service charge is AED 16 per sqft per year.
The payment plan for Reef 996 is 10% on booking and 90% during construction, reflecting an off-plan payment structure tied to the build phase.
Reef 996 is scheduled for handover on September 30, 2028, with the project currently listed as under construction.
Yes, foreigners can buy property in Dubai in designated freehold areas, and Reef 996 is available to international buyers under Dubai's property ownership regulations.
Properties priced at AED 2 million or above qualify for the UAE Golden Visa. Reef 996's starting price is below this threshold.
Reef 996 benefits from being in Dubai, a market known for consistent demand from residents and tourists, offering potential for rental income and capital appreciation depending on market conditions and location-specific factors.
Reef 996 is an off-plan studio development by Reef Luxury Development featuring amenities such as outdoor cooled garden lounges, a cinema area, BBQ area, yoga studio, gym and locker room, a competitive starting price from AED 780,680.99, and a developer payment plan suited to buyers seeking an under-construction investment in Dubai.
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