Reef 997
- Developer
- Reef Luxury Development
- Area
- Dubai Islands (Palm Deira), Dubai
- Starting price
- AED 2,965,980
- Handover
- Q1 2028
Reef 997 Payment Plan
Reef 997 has one published payment plan. Handover is scheduled for Q1 2028.
30 Months PH Payment PlanPost-handover
- 20% On booking
- 20% During construction
- 30% Upon Handover
- 30% During 30 months PH (1% per month)
| Milestone | Percentage |
|---|---|
| On booking | 20% |
During construction
| 20% |
| Upon Handover | 30% |
| During 30 months PH (1% per month) | 30% |
| Total | 100% |
Last updated 22 Aug 2026. How we collect and check data
Reef 997 Payment Plan: Frequently Asked Questions
- What is the down payment for Reef 997?
- The first instalment in the published plan is 20% (On booking).
- Does Reef 997 have a post-handover payment plan?
- No post-handover instalments are published for Reef 997; the plan completes on or before handover in Q1 2028.
- How many payment plans are offered at Reef 997?
- 1 payment plan is published for Reef 997. Each one is listed with its milestones on this page.
- When is handover at Reef 997?
- Handover at Reef 997 is scheduled for Q1 2028, as published by Reef Luxury Development.