997 Residences

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Reef Luxury
63
Total Units
21
Sold
AED 2,184,600
Median Price
AED 2,610
Median Price /sqft
Construction progress: 5%
Start: Sep, 2025Completion: Mar, 2028

997 Residences Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

1 Bed23770 sqft - 1,050 sqftAED 2.1M (2,630 /sqft)AED 2,780 /sqft
-5.35
2 Beds361,220 sqft - 2,160 sqftAED 2.9M (2,410 /sqft)AED 2,720 /sqft
-11.3
3 Beds32,490 sqft - 2,550 sqftAED 2,790 /sqft
0
4 Beds16,260 sqft - 6,260 sqftAED 1,930 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
2Apartment, 10112,164 sqft92.65 sqft Check Availability
2Apartment, 10211,781 sqft62.96 sqft Check Availability
2Apartment, 10311,911 sqft71.79 sqft Check Availability
1Apartment, 20121,051 sqft29.84 sqft Check Availability
1Apartment, 2082955 sqft31.58 sqft Check Availability
2Apartment, 20321,219 sqft24.4 sqft Check Availability
2Apartment, 20421,218 sqft24.4 sqft Check Availability
2Apartment, 20521,462 sqft49.15 sqft Check Availability
2Apartment, 20621,216 sqft24.52 sqft Check Availability
2Apartment, 20721,222 sqft24.83 sqft Check Availability
1Apartment, 30131,051 sqft29.84 sqft Check Availability
2Apartment, 30331,219 sqft24.4 sqft Check Availability
2Apartment, 30431,218 sqft24.4 sqft Check Availability
2Apartment, 30531,461 sqft49.15 sqft Check Availability
2Apartment, 30631,216 sqft24.52 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment834 sqft15.54 sqft 2AED 2,280,165AED 2,734 /sqft 21, Sep 2026
1Apartment778 sqft15.32 sqft 3AED 2,184,591AED 2,808 /sqft 30, Dec 2025
1Apartment834 sqft15.54 sqft 3AED 2,109,896AED 2,530 /sqft 12, Feb 2026
1Apartment771 sqft15.38 sqft 3AED 2,026,187AED 2,628 /sqft 12, Nov 2025
1Apartment778 sqft15.32 sqft 4AED 2,031,670AED 2,611 /sqft 15, May 2026
1Apartment771 sqft15.38 sqft 4AED 2,026,187AED 2,628 /sqft 25, Mar 2026
1Apartment834 sqft15.54 sqft 5AED 2,257,363AED 2,707 /sqft 03, Jun 2026
1Apartment771 sqft15.38 sqft 5AED 2,026,187AED 2,628 /sqft 17, Nov 2025
1Apartment778 sqft15.32 sqft 5AED 1,878,340AED 2,414 /sqft 16, Jun 2026
2Apartment1,218 sqft24.4 sqft 5AED 2,996,369AED 2,460 /sqft 14, Nov 2025
1Apartment771 sqft15.38 sqft 6AED 2,189,700AED 2,840 /sqft 18, May 2026
1Apartment778 sqft15.32 sqft 6AED 2,184,591AED 2,808 /sqft 24, Mar 2026
1Apartment834 sqft15.54 sqft 6AED 2,167,285AED 2,599 /sqft 07, May 2026
2Apartment1,216 sqft24.52 sqft 6AED 2,927,586AED 2,408 /sqft 04, May 2026
2Apartment1,222 sqft24.83 sqft 6AED 2,885,317AED 2,361 /sqft 25, Jun 2026

997 Residences Real Estate Data – FAQ

  • What is the current property supply in 997 Residences?

    997 Residences has a total residential supply of approximately units. This represents completed and available inventory within the area.

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  • How active is the real estate market in 997 Residences?

    997 Residences recorded 20 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in 997 Residences?

    The median transaction price in 997 Residences is AED 2,620 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in 997 Residences?

    The gross rental yield in 997 Residences is approximately %, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in 997 Residences?

    Property prices in 997 Residences have shown a capital appreciation of % year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in 997 Residences?

    There are currently 1 active off-plan projects in 997 Residences, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in 997 Residences?

    The total off-plan pipeline in 997 Residences includes approximately 63 units, which will significantly impact future supply and pricing dynamics.

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  • Is 997 Residences a good area for property investment?

    997 Residences is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In 997 Residences, this is %, indicating relatively strong income performance compared to global markets.

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