Building · Dubai Land Residence Complex · Sale prices

Studio Apartment Prices in Reef 998 2026

The median sale price of a studio apartment in Reef 998 was AED 760,000 in the 12 months to 19 Oct 2026, based on 49 registered sales — 9.0% higher than the same 12 months a year earlier. The median price per square foot was AED 1,740 (+2.4% year on year). That is 10.3% above the Dubai-wide median of AED 689,000 for the same studio apartment mix.

Period: 12 months to 19 Oct 2026Compared with: same 12 months a year earlierSample: 49 salesUpdated: 19 Oct 2026
Median sale price
AED 760,000
+9.0% YoY
49 sales · the 12 months to 19 Oct 2026
Median price per sq ft
AED 1,740
+2.4% YoY
49 sales · the 12 months to 19 Oct 2026
Registered sales
49
+8.9% YoY
worth AED 36.42M · the 12 months to 19 Oct 2026

What are the key price figures for studio apartments in Reef 998?

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

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 19 Oct 2026.
MetricValuePeriodBasis
Median sale priceAED 760,00012 months to 19 Oct 202649 sales; +9.0% vs the same 12 months a year earlier
Median price per sq ftAED 1,74012 months to 19 Oct 202649 sales; +2.4% vs the same 12 months a year earlier
Number of sales4912 months to 19 Oct 2026+8.9% vs the same 12 months a year earlier
Total sales valueAED 36,415,61812 months to 19 Oct 2026+11.6% vs the same 12 months a year earlier
Lowest / highest saleAED 510K – AED 876K12 months to 19 Oct 2026single registered sales (not typical prices)
Unit size range410 – 480 sq ftall units on record114 units
Units on record114current49 sold in the 12 months to 19 Oct 2026 (43% of stock)
Developer (primary) median priceAED 725,000all time94 developer sales; AED 1,700 per sq ft
Launch date28/05/2025—project record
Completion / handover date30/06/2028—project record

How have apartment prices in Reef 998 changed since 2025?

Calendar-year figures for all apartments in Reef 998 (a bedroom-level yearly series is not published).

2025–2026 (to 19 Oct 2026)
Reef 998 median price per sq ft and sales by year
SalesMedian price per sq ft (AED)
20251551,604
2026 YTD1251,546
Registered sales and median price per sq ft by year, Reef 998, apartments. Source: DXBinteract. The same figures are in the table below.
2026 runs to 19 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 19 Oct 2026)125part yearAED 140.9MAED 1,059,463AED 1,546−3.6%
2025155—AED 159.1MAED 1,049,572AED 1,604—

Transactions by year: 2026 · 2025 · all years

How does Reef 998 compare with Dubai?

Same property mix, same window (the 12 months to 19 Oct 2026).

MetricReef 998Dubai
Median sale priceAED 760,000AED 689,000
Median price per sq ftAED 1,740AED 1,750
Price per sq ft YoY+2.4%+3.5%
Sales4943,452
Gross rental yield—5.81%

What are the latest registered sales of studio apartments 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 ftAED 829,827AED 1,740Primary · Off-plan
30/07/2026Reef 998Studio Apartment478 sq ftAED 840,527AED 1,758Primary · Off-plan
29/07/2026Reef 998Studio Apartment478 sq ftAED 510,000AED 1,777Primary · Off-plan
09/07/2026Reef 998Studio Apartment478 sq ftAED 875,549AED 1,832Primary · Off-plan
08/07/2026Reef 998Studio Apartment411 sq ftAED 721,588AED 1,756Primary · Off-plan
08/07/2026Reef 998Studio Apartment411 sq ftAED 702,982AED 1,710Primary · Off-plan
08/07/2026Reef 998Studio Apartment410 sq ftAED 775,570AED 1,892Primary · Off-plan
07/05/2026Reef 998Studio Apartment477 sq ftAED 856,374AED 1,795Primary · Off-plan
22/04/2026Reef 998Studio Apartment410 sq ftAED 759,566AED 1,853Primary · Off-plan
20/04/2026Reef 998Studio Apartment411 sq ftAED 658,523AED 1,602Primary · Off-plan

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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 19 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 with studio layouts, 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/apartments/studio
Studio Apartment Prices in Reef 998 2026. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-prices/reef-998/apartments/studio

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 for studio apartments?
The median sale price of a studio apartment in Reef 998 was AED 760,000 in the 12 months to 19 Oct 2026, from 49 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 for apartments?
The median price per square foot of studio apartments in Reef 998 was AED 1,740 in the 12 months to 19 Oct 2026, +2.4% compared with the same 12 months a year earlier.
How many properties were sold in Reef 998 in the last 12 months?
49 sales of studio apartments worth AED 36,415,618 were registered in Reef 998 in the 12 months to 19 Oct 2026 (+8.9% year on year).
Are property prices in Reef 998 going up?
Over the 12 months to 19 Oct 2026 the median price per square foot of studio apartments in Reef 998 changed +2.4%. In calendar year 2025 it was AED 1,604, and AED 1,546 so far in 2026.

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-prices/reef-998/apartments/studio