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Reef Developments

Reef 996

Dubai Production City · Off-plan
Dubai Production City

Reef 996

Homes
Residences
Handover
Q3 2028
Status
Off-plan
Down payment
20%
Payment plan
70/30
From AED 692K
by Reef Developments

Reef 996 is an off-plan project by Reef Developments in Dubai Production City, Dubai. Handover is listed for Q3 2028. Prices are listed from AED 692K with a 20% down payment on a 70/30 payment plan. Details can change between releases, so we confirm the current ones before you commit. Register your interest with us for floor plans, the payment plan and availability.

Project details
Developer
Reef Developments
Home types
Residences
Handover
Q3 2028
Project status
Off-plan
Pricing
From AED 692K
Location
Reef 996 is in Dubai Production City, Dubai. The map shows the area, not the exact plot.
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Dubai Production City in numbers
Sales recorded
1,718
Median price
AED 850,000
Median price per sqft
AED 1,230
Gross rental yield
8%

Dubai Production City recorded 1,718 registered sales in the 12 months to Sep 2026, at a median of AED 850,000, or AED 1,230 per square foot. These are Dubai Land Department transactions, not asking prices, so they are what buyers actually paid.

Reef 996 questions
Where is Reef 996 located?
Reef 996 is in Dubai Production City, Dubai, Dubai.
When does Reef 996 hand over?
Handover is listed for Q3 2028. Off-plan handover dates move, so ask us for the current schedule before you commit.
Who is the developer of Reef 996?
Reef 996 is developed by Reef Developments. We list 3 of their off-plan projects, which you can see on their developer page.
How much do homes at Reef 996 cost?
Listings show prices from AED 692K. For context, Dubai Production City recorded 1,718 registered sales in the 12 months to Sep 2026, at a median of AED 850,000. Launch pricing changes by release, so ask us for the live price list and availability rather than working from a published figure.
Is Dubai Production City a good area to invest in?
On the numbers, Dubai Production City is an active market: 1,718 sales registered with the DLD in the 12 months to Sep 2026 at a median of AED 1,230 per square foot. Volume that high means you can sell again when you want to, which matters more than a headline yield. Whether it suits you depends on whether you want income or capital growth, and we will pull the rental performance for the specific unit type you are considering.
Can foreigners buy at Reef 996?
Any nationality can buy freehold in Dubai's designated freehold areas, with no residency visa or UAE bank account required, and you can complete from overseas by Power of Attorney. A purchase at or above AED 2 million can also qualify you for the 10 year Golden Visa. Ask us to confirm the ownership type on this specific project before you pay anything.
What is the payment plan on Reef 996?
Listings show down payment 20%, payment plan 70/30. Plans are set by the developer per release and change between phases, so treat these figures as a starting point. On a project registered with the Dubai Land Department, payments go into a RERA-regulated escrow account rather than to the developer directly. Before you pay anything, check that this project is on the register. Ask us for the current schedule, including whether there is a post-handover element.
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