Building · Dubai Land Residence Complex · Sale prices

Reef 998 Commercial Prices 2026

The median sale price of a commercial property in Reef 998 was ⃃ 1,658,000 in the 12 months to 19 Oct 2026, based on 2 registered sales — with no comparable figure for the same 12 months a year earlier. The median price per square foot was ⃃ 1,530. That is 30.9% below the Dubai-wide median of ⃃ 2,400,000 for the same commercial property mix.

Period: 12 months to 19 Oct 2026Compared with: same 12 months a year earlierSample: 2 salesUpdated: 19 Oct 2026
Median sale price
⃃ 1,658,000
2 sales · the 12 months to 19 Oct 2026
Median price per sq ft
⃃ 1,530
2 sales · the 12 months to 19 Oct 2026
Registered sales
2
worth ⃃ 3.32M · the 12 months to 19 Oct 2026

What are the key price figures for commercial properties 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 price⃃ 1,658,00012 months to 19 Oct 20262 sales; — vs the same 12 months a year earlier
Median price per sq ft⃃ 1,53012 months to 19 Oct 20262 sales; — vs the same 12 months a year earlier
Number of sales212 months to 19 Oct 2026— vs the same 12 months a year earlier
Total sales value⃃ 3,315,44312 months to 19 Oct 2026— vs the same 12 months a year earlier
Lowest / highest sale⃃ 316K – ⃃ 3M12 months to 19 Oct 2026single registered sales (not typical prices)
Unit size range140 – 1,440 sq ftall units on record16 units
Units on record16current2 sold in the 12 months to 19 Oct 2026 (12.5% of stock)
Developer (primary) median price⃃ 1,658,000all time2 developer sales; ⃃ 1,530 per sq ft
Launch date28/05/2025—project record
Completion / handover date30/06/2028—project record

How does Reef 998 compare with Dubai?

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

MetricReef 998Dubai
Median sale price⃃ 1,658,000⃃ 2,400,000
Median price per sq ft⃃ 1,530⃃ 2,430
Price per sq ft YoY—+43.8%
Sales26,877
Gross rental yield—2.08%

What are the latest registered sales of commercial properties in Reef 998?

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

DatePropertyTypeSizePricePer sq ftMarket
22/07/2026Reef 998Commercial658 sq ft⃃ 315,517⃃ 480Primary · Off-plan
04/05/2026Reef 998Commercial1,167 sq ft⃃ 2,999,926⃃ 2,571Primary · 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 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 commercial properties, 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/commercial
Reef 998 Commercial Prices 2026. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-prices/reef-998/commercial

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 commercial properties?
The median sale price of a commercial property in Reef 998 was ⃃ 1,658,000 in the 12 months to 19 Oct 2026, from 2 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 commercial properties?
The median price per square foot of commercial properties in Reef 998 was ⃃ 1,530 in the 12 months to 19 Oct 2026.
How many properties were sold in Reef 998 in the last 12 months?
2 sales of commercial properties worth ⃃ 3,315,443 were registered in Reef 998 in the 12 months to 19 Oct 2026.

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