Palm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026

Dubai Land Department register

997 Residences by Reef Luxury Development

Under constructionPalm DeiraCompletion on file Mar 2028

63 homes on the DLD register in Palm Deira, filed by REEF Luxury Development L.L.C. 21 sales have been registered against it between 30 Apr 2025 and 22 Sep 2026.

Construction completeUnder construction

Recorded at DLD's site inspection of 27 Aug 2026. That is an inspector's last visit, not today — the site has moved on since.

Developer entityREEF Luxury Development L.L.C
Area (DLD)Palm Deira
StatusUnder construction
Homes63
Registered sales21
Project registry

THE DLD RECORD

Registry as at 4 Oct 2026
Registered developer entityREEF Luxury Development L.L.C
Area (DLD)Palm Deira
Master communityPalm Deira
Project statusUnder construction
Construction progress4.89% complete (DLD inspection, 27 Aug 2026)
Homes registered63
Buildings1
Registered start15 Jul 2025
Registered completion date30 Mar 2028
DLD project number3837
Description as recorded by DLD

G+2P+8 Residential Building Consist of 1 Bedroom with Balcony =23 Rooms, 2 Bedroom with Balcony =36 Rooms, 3 Bedroom with Balcony =3 Rooms + 4 Bedroom with Balcony = 1 Room Total of 63 Rooms

Reproduced from the register verbatim, including its own abbreviations. It is the developer’s filed description, not our assessment of the project.

Project escrow account
Escrow trustee bankFirst Abu Dhabi Bank P.J.S.C.
Escrow account1011226141046010

Under Dubai Law No. 8 of 2007 every payment on a registered off-plan project goes into that project’s escrow account, held at a DLD-approved trustee bank and released to the developer against verified construction progress — not to the developer direct and not to a broker. Check these details in DLD’s own Dubai REST app against the project number above before you transfer anything, and treat any account number that differs from the one DLD shows as a reason to stop. Substituted account details are a known fraud in this market. Reproduced from the DLD register as at 4 Oct 2026; account details can change, and DLD’s record is the authority, not this page.

Source: Dubai Land Department project register. The developer, area, counts and filed dates are as recorded at 4 Oct 2026; the project status and escrow details as at 4 Oct 2026. Construction progress carries the date of the DLD site inspection that produced it, which is a different date again and is stated on the row — where the register holds no dated inspection, no percentage is published rather than an undated one. “Registered completion date” is the completion date on file at DLD; it is a date on record, not a guarantee of handover, and where that date has already passed it means only that the register has not been updated, not that the project handed over. Homes counted as registered apartments plus registered villas. Figures on this panel are the registry’s, and are stated as at different dates from the transaction figures elsewhere on the page. Registered completion: Mar 2028.

Registered sales

REGISTERED SALE PRICES

DLD register · as at 5 Oct 2026

21 sales were registered against 997 Residences by REEF Luxury Development between 30 Apr 2025 and 22 Sep 2026 — a span of 17 months. Those are completed registrations at the Dubai Land Department, not asking prices or listings.

Median AED/sqft
2,611
Across 17 apartment and villa sales since 28 Apr 2025
Median price
AED 2.11m
Median size 778 sqft
Registered sales
21
30 Apr 2025 to 22 Sep 2026
Area median AED/sqft
2,782
Palm Deira: 4,389 sales, off-plan only, 12 months to 5 Oct 2026

The two figures behind that percentage are not drawn on the same population. This project’s median covers every registration type across the whole register we hold (28 Apr 2025 to 5 Oct 2026). The area figure covers off-plan only in Palm Deira over the 12 months to 5 Oct 2026, pooled on the transaction register’s own area name, which does not always match the project register’s name shown above. Unit mix, floor level and view are not controlled for on either side, and neither is use class: DLD registers offices and shops as units, so registered retail and office sales are pooled into both figures, and retail trades at a materially higher rate per square foot than residential stock in the same building. In sectors where commercial space is a large share of what registers, the area figure sits well above the residential rate. Read it as an indication of where this project sits in its area, not as a like-for-like comparison.

Median AED/sqft by quarter
2,628Q4 2025n=32,628Q1 2026n=52,529Q2 2026n=9

A quarter with fewer than 20 registered sales is drawn hollow, with its sale count underneath. The change between quarters is quoted only between quarters that reached 20. Points are spaced evenly rather than by date.

By unit size
TypeSalesMedian sizeMedian AED/sqft
1 bedroom14778 sqft2,626
2 bedrooms31,222 sqft2,408

Every band shows its median with its sale count. A band with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as the rate for that unit type.

Registration timing
Registration typeSalesMedian AED/sqft
Registered before completion172,611
Registered after completion0—

DLD splits registrations by timing: an off-plan registration is entered before the unit legally completes, an existing registration after. Where both appear, the gap between them reflects that difference as much as any movement in value. A side with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as a rate.

Buildings in the register
BuildingSales
997 Residences by Reef Luxury Development7
The last 12 registrations to 5 Oct 2026
DateTypeUnitSizePriceAED/sqft
25 Jun 2026Off-plan2 bedrooms1,222 sqftAED 2,885,3172,360
22 Jun 2026Off-plan2 bedrooms1,222 sqftAED 2,950,1562,414
16 Jun 2026Off-plan1 bedroom778 sqftAED 1,878,3402,414
3 Jun 2026Off-plan1 bedroom834 sqftAED 2,257,3632,706
18 May 2026Off-plan1 bedroom834 sqftAED 2,109,8962,529
18 May 2026Off-plan1 bedroom771 sqftAED 2,189,7002,840
15 May 2026Off-plan1 bedroom778 sqftAED 2,031,6702,611
7 May 2026Off-plan1 bedroom834 sqftAED 2,167,2852,598
4 May 2026Off-plan2 bedrooms1,216 sqftAED 2,927,5862,408
26 Mar 2026Off-plan1 bedroom771 sqftAED 2,026,1862,628
24 Mar 2026Off-plan1 bedroom778 sqftAED 2,184,5912,808
16 Feb 2026Off-plan1 bedroom778 sqftAED 2,041,6732,624

Basis: Dubai Land Department transaction register, arm’s-length sales of units and villas only. Gifts, mortgage registrations, zero-price rows, land plots and whole-building transfers are excluded, as are AED/sqft values outside 100–20,000. Figures are medians, not averages. The medians, trend and quarterly table above are drawn on the part of the register we hold in full detail, which runs from 28 Apr 2025 to 5 Oct 2026; 28 Apr 2025 is the earliest date there, not the date this project started selling. The sale count and date span in the opening sentence cover all registered history to 2 Oct 2026, from the transaction feed below. This page is a dated extract taken on 6 Oct 2026, not a live query. Past registered prices are evidence of what has been paid, not a forecast of future value.

Transaction history

ALL REGISTERED SALES

DLD register · to 2 Oct 2026
Median AED/sqft, last 6 months, apartments and villas
2,564
Across 10 registered sales to 2 Oct 2026
Registered sales, all time
21
30 Apr 2025 to 22 Sep 2026
Sales, newest first
DateProperty typeBedroomsArea (sq ft)Price (AED)AED per sq ft
22 Sep 2026Flat1 B/R8342,280,1642,733
25 Jun 2026Flat2 B/R1,2222,885,3172,360
22 Jun 2026Flat2 B/R1,2222,950,1552,414
17 Jun 2026Flat1 B/R7781,878,3392,414
4 Jun 2026Flat1 B/R8342,257,3632,706
19 May 2026Flat1 B/R8342,109,8962,529
18 May 2026Flat1 B/R7712,189,7002,840
18 May 2026Flat1 B/R7782,031,6692,611
8 May 2026Flat1 B/R8342,167,2852,598
4 May 2026Flat2 B/R1,2162,927,5852,408
26 Mar 2026Flat1 B/R7712,026,1862,628
24 Mar 2026Flat1 B/R7782,184,5912,808
16 Feb 2026Flat1 B/R7782,041,6732,624
13 Feb 2026Flat1 B/R8342,109,8962,529
6 Jan 2026Flat1 B/R7712,026,1862,628
30 Dec 2025Flat1 B/R7782,184,5912,808
15 Dec 2025Flat1 B/R1,0512,744,4992,611
18 Nov 2025Flat1 B/R7712,026,1862,628
14 Nov 2025Flat2 B/R1,2182,996,3682,461
13 Nov 2025Flat1 B/R7712,026,1862,628
30 Apr 2025——25,84427,504,0001,064

Source: Dubai Land Department sales register, every registered sale held against this project, as at 2 Oct 2026. The count is every registered sale, of any property type, over the project’s whole history. The median is a separate measure: it covers the 6 months to that date and uses only apartment and villa sales in that period that carry a price and an area. Offices, shops, land and other non-residential sales are listed above but never enter it. Areas are DLD’s square metres converted to square feet.

Next step

ASK US ABOUT 997 Residences by Reef Luxury Development

This page is the public register — the project record as at 4 Oct 2026, and the transaction register to 5 Oct 2026.

  • AVAILABILITY

    On the register

    63 homes

    From the DLD project record as at 4 Oct 2026, filed at status “Under construction” as at 4 Oct 2026.

    Not on the register

    What is available now

  • PRICE

    On the register

    21 registered sales

    Prices already paid, registered between 30 Apr 2025 and 22 Sep 2026.

    Not on the register

    At what price

  • PAYMENT TERMS

    On the register

    —

    The DLD project register carries no payment-plan data of any kind.

    Not on the register

    On what payment terms

  • THE SPECIFIC UNIT

    On the register

    12 recent registrations

    Listed above with date, size, price and AED per square foot.

    Not on the register

    How the specific unit compares with the ones already registered

Tell us your budget and objective and we will come back with the current position.

Need help?