Building · Dubai Land Residence Complex · Sale prices

Reef 998 Property Prices 2026

The median property sale price in Reef 998 was ⃃ 1,077,000 in the 12 months to 16 Oct 2026, based on 187 registered sales — 13.4% higher than the same 12 months a year earlier. The median price per square foot was ⃃ 1,550 (−5.2% year on year). That is 24.2% below the Dubai-wide median of ⃃ 1,420,000 for the same property mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 187 salesUpdated: 17 Oct 2026
Median sale price
⃃ 1,077,000
+13.4% YoY
187 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 1,550
−5.2% YoY
187 sales · the 12 months to 16 Oct 2026
Registered sales
187
+98.9% YoY
worth ⃃ 211.83M · the 12 months to 16 Oct 2026

What are the key price figures for Reef 998?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 16 Oct 2026.
MetricValuePeriodBasis
Median sale price⃃ 1,077,00012 months to 16 Oct 2026187 sales; +13.4% vs the same 12 months a year earlier
Median price per sq ft⃃ 1,55012 months to 16 Oct 2026187 sales; −5.2% vs the same 12 months a year earlier
Number of sales18712 months to 16 Oct 2026+98.9% vs the same 12 months a year earlier
Total sales value⃃ 211,831,60112 months to 16 Oct 2026+134.3% vs the same 12 months a year earlier
Lowest / highest sale⃃ 316K – ⃃ 3M12 months to 16 Oct 2026single registered sales (not typical prices)
Units on record339current187 sold in the 12 months to 16 Oct 2026 (55.2% of stock)
Developer (primary) median price⃃ 1,050,000all time281 developer sales; ⃃ 1,570 per sq ft
Launch date28/05/2025—project record
Completion / handover date30/06/2028—project record

How do prices differ by property type in Reef 998?

Medians over the 12 months to 16 Oct 2026; each row links to its own page.

Sales = registered sales in the 12 months to 16 Oct 2026. YoY = median price vs the same 12 months a year earlier.
Property typeMedian priceYoYPer sq ftSalesGross yield
Apartments⃃ 1,077,000+13.4%⃃ 1,550185—
Commercial⃃ 1,658,000—⃃ 1,5302—

How have property prices in Reef 998 changed since 2024?

Median price per square foot and number of sales by calendar year. 2026 is year to date.

2024–2026 (to 16 Oct 2026)
Reef 998 median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
20241648
20251551,604
2026 YTD1261,543
Registered sales and median price per sq ft by year, Reef 998. Source: DXBinteract. The same figures are in the table below.
2026 runs to 16 Oct 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 16 Oct 2026)126part year⃃ 143.16M⃃ 1,056,426⃃ 1,543−3.8%
2025155+15400.0%⃃ 159.1M⃃ 1,049,572⃃ 1,604+147.4%
20241—⃃ 24M⃃ 24,000,000⃃ 648—

Transactions by year: 2026 · 2025 · 2024 · all years

How does Reef 998 compare with Dubai?

Same property mix, same window (the 12 months to 16 Oct 2026).

MetricReef 998Dubai
Median sale price⃃ 1,077,000⃃ 1,420,000
Median price per sq ft⃃ 1,550⃃ 1,740
Price per sq ft YoY−5.2%+6.4%
Sales187173,241
Gross rental yield—4.44%

What are the latest registered sales in Reef 998?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
08/09/2026Reef 998Studio Apartment477 sq ft⃃ 829,827⃃ 1,740Primary · Off-plan
12/08/2026Reef 9981 bed · Apartment671 sq ft⃃ 1,006,490⃃ 1,500Primary · Off-plan
10/08/2026Reef 9981 bed · Apartment671 sq ft⃃ 1,078,924⃃ 1,608Primary · Off-plan
07/08/2026Reef 9982 beds · Apartment1,002 sq ft⃃ 1,280,664⃃ 1,278Primary · Off-plan
30/07/2026Reef 9981 bed · Apartment671 sq ft⃃ 1,059,463⃃ 1,579Primary · Off-plan
30/07/2026Reef 998Studio Apartment478 sq ft⃃ 840,527⃃ 1,758Primary · Off-plan
29/07/2026Reef 998Studio Apartment478 sq ft⃃ 510,000⃃ 1,777Primary · Off-plan
27/07/2026Reef 9982 beds · Apartment1,002 sq ft⃃ 1,436,044⃃ 1,433Primary · Off-plan
24/07/2026Reef 9981 bed · Apartment623 sq ft⃃ 1,049,153⃃ 1,684Primary · Off-plan
22/07/2026Reef 998Commercial658 sq ft⃃ 315,517⃃ 480Primary · Off-plan

Use this chart on your site

Free to embed and share with the source line kept visible. The chart updates itself as new transactions are registered.

How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 16 Oct 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments, villas, commercial units, buildings and plots, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/reef-998
Reef 998 Property Prices 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/reef-998

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in Reef 998?
The median property sale price in Reef 998 was ⃃ 1,077,000 in the 12 months to 16 Oct 2026, from 187 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in Reef 998?
The median price per square foot of Reef 998 was ⃃ 1,550 in the 12 months to 16 Oct 2026, −5.2% compared with the same 12 months a year earlier.
How many properties were sold in Reef 998 in the last 12 months?
187 sales worth ⃃ 211,831,601 were registered in Reef 998 in the 12 months to 16 Oct 2026 (+98.9% year on year).
Are property prices in Reef 998 going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of Reef 998 changed −5.2%. In calendar year 2025 it was ⃃ 1,604 (+147.4% on 2024), and ⃃ 1,543 so far in 2026.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/reef-998