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AED720K

  • Completion Date: Sep 30, 2028
  • Dubai Production City, Dubai

Overview
Type: Apartment
Developer: Reef Luxury Developments
Price: AED720K
Description
Project general facts REEF 996 stands out with a modern architectural identity shaped by clean vertical lines, and an impressive integration of innovation into the building’s core design. Its structure seamlessly blends refined aesthetics with functional engineering, establishing a landmark presence defined by the world’s first Outdoor-Cooled Garden Lounges and patented Outdoor-Cooled Sunken Balconies — features that extend the living environment beyond the interior in every season. The residence offers a versatile selection of homes, including studios, one-bedroom, two-bedroom, and three-bedroom apartments ranging from 400 to nearly 1,900 sq.ft. Each unit is thoughtfully designed to maximize space, natural light, and comfort, with high ceilings, panoramic windows, and elegant lines that create a serene indoor atmosphere. The integration of sunken balconies as cool, outdoor extensions enhances the functionality and beauty of every layout, delivering a lifestyle that harmonizes sophistication with everyday practicality. A rich collection of amenities elevates the residential experience, centered around the world’s first Outdoor-Cooled Garden Lounges — exclusive outdoor spaces crafted for comfort even in Dubai’s peak summer months. The development features cinema areas, BBQ zones, yoga and Pilates studios, a fully equipped gym, CrossFit area, an infinity pool with cabanas and a Baja shelf, kids’ pool, basketball and cricket courts, wall climbing facilities, badminton/volleyball courts, a cornhole court, tennis/padel court, and expansive kids’ play areas. The range of activities supports wellness, leisure, recreation, and social living for residents of all ages. The interiors reflect premium craftsmanship and contemporary elegance, enhanced with globally recognized brands. Kitchens are fitted with built-in appliances from Bosch, ensuring German precision and durability. Bathrooms feature high-quality fixtures by Grohe, offering refined comfort and advanced functionality. Windows and façade systems are crafted using premium aluminum solutions from Gutmann, highlighting durability and energy efficiency. Every residence is finished with meticulous detail, blending modern innovation with timeless luxury to create a sophisticated and comfortable living environment. Location description and benefits Dubai Production City, formerly known as International Media Production Zone (IMPZ), is a vibrant and specialized community located in Dubai. It is designed to cater to the needs of the media production industry, offering a range of services, facilities, and infrastructure to support the production of print, publishing, and media content. Dubai Production City is strategically positioned to serve as a hub for media production and related activities. The community features state-of-the-art production studios, soundstages, and post-production facilities, providing a comprehensive ecosystem for the media industry. It is home to numerous media companies, publishing houses, and creative professionals who contribute to the development of diverse content. The community of Dubai Production City is designed to foster creativity, collaboration, and innovation. It offers a range of amenities and services to support the needs of media professionals, including commercial spaces, offices, and retail outlets. The community also hosts events, workshops, and networking opportunities that encourage knowledge sharing, skill development, and industry growth.
Amenities and features
Typical unit
Outdoor Cooled Garden Lounges

Typical unit
Cinema Area

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BBQ Area

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Yoga Studio

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Gym

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Looker Room

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Pilates Studio

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Crossfit Area

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Baja Shelf & Cabana

Typical unit
Decking Area

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Infinity Swimming Pool

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Kids Pool

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Basketball Court

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Wall Clambing

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Criket Pitch

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Badminton & Volleyball Court

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Kids Playing Area

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Cornhole Court

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Tennis & Padel Court

General plan
img-general
Unit structures
Typical unit
AED720K - AED749K
420 sqft - 456 sqft
Typical unit
1Bedrooms
AED1.04M - AED1.22M
691 sqft - 799 sqft
Typical unit
2Bedrooms
AED1.42M - AED1.69M
1063 sqft - 1229 sqft
Typical unit
3Bedrooms
AED2.03M - AED2.69M
1456 sqft - 1932 sqft
Parkings
    Studio,1 BR,2 BR 1 parking
    3 BR 2 parking
Payment plans
Payment Plan 60/40
29 Months Post Handover Payment Plan
20%
On Booking
50%
On Construction
30%
On Handover
On booking
3 payments
20%
On Booking
20%
Admin Fee
AED 2625.00
DLD Fee
4%
During construction
13 payments
50%
4% (1% per month) March - June 2026
4%
July 2026
4%
4% (1% every installment ) Beginning - end of August, September, October 2026
4%
November 2026
4%
4% (1% per month) December 2026 - March 2027
4%
April 2027
4%
4% (1% per month) May - August 2027
4%
September 2027
4%
4% (1% per month) October 2027 - January 2028
4%
February 2028
4%
4% (1% per month) March - June 2028
4%
July 2028
4%
2% (1% per month) August, September 2028
2%
Upon Handover
0 payments
30%
20%
On Booking
50%
On Construction
1%
On Handover
29%
Post Handover
On booking
3 payments
20%
On Booking
20%
Admin Fee
AED 2625.00
DLD Fee
4%
During construction
13 payments
50%
4% (1% per month) March - June 2026
4%
July 2026
4%
4% (1% per month) Beginning - end of August, September, October 2026
4%
November 2026
4%
4% (1% per month) December 2026 - March 2027
4%
April 2027
4%
4% (1% per month May - August 2027
4%
September 2027
4%
4% (1% per month October 2027 - January 2028
4%
February 2028
4%
4% (1% per month) March - June 2028
4%
July 2028
4%
2% (1% per month) August, September 2028
2%
Upon Handover
0 payments
1%
Within 29 months PH 29% (1% per month)
29 payments
29%
1st Installment
1%
2nd Installment
1%
3rd Installment
1%
4th Installment
1%
5th Installment
1%
6th Installment
1%
7th Installment
1%
8th Installment
1%
9th Installment
1%
10th Installment
1%
11th Installment
1%
12th Installment
1%
13th Installment
1%
14th Installment
1%
15th Installment
1%
16th Installment
1%
17th Installment
1%
18th Installment
1%
19th Installment
1%
20th Installment
1%
21st Installment
1%
22nd Installment
1%
23rd Installment
1%
24th Installment
1%
25th Installment
1%
26th Installment
1%
27th Installment
1%
28th Installment
1%
29th Installment
1%

REEF Luxury Developments

REEF Luxury Developments is a developer that redefines the concept of luxury living in Dubai, combining innovation with practical solutions. The company strives for excellence, creating high-quality, elegant homes with thoughtful details and timeless design. In line with HH Sheikh Mohammed bin Rashid's vision to transform Dubai into a leader in all sectors and as part of the Dubai 2030 vision with its focus on innovation and technology, REEF has unveiled an innovative development – the climate-controlled Sunken Garden balconies. This patented concept, the first of its kind in the world, launches in Dubai, combining innovation, value and luxury. REEF Luxury Developments creates interconnected, dynamic and practical communities with well-developed infrastructure, lush amenities and opportunities for sports. The company aims to create future communities that will become symbols of innovation, convenience and simplicity of design. REEF Luxury Developments transforms everyday life by integrating innovative and harmonious design into every home, setting the highest standard of living. REEF's approach is to make a significant impact on the real estate market by launching unique projects in rapidly developing communities, ensuring an exceptional standard of living and a high return on investment for buyers. The company strives to be a leader in creating dynamic communities that improve everyone's quality of life.
Location
Nearby places
  • Bluewaters Island 16 KM
  • Al Maktoum International Airport (DWC) 38 KM
  • Ain Dubai (Dubai Eye) 16 KM
  • Circle mall 11 KM
  • JBR Open Beach 16 KM
  • JSS International School L.L.C 8 KM
Contact Agency