Reef 996

Reef 996

Reef 996 is an off-plan residential development in Dubai Production City.

The April 2026 sales offer highlights signature outdoor cooled sunken balconies in every apartment.

The featured unit is Studio Type 2 (Unit 616) with 399.23 sq ft total area, Marina Skyline view, estimated completion on 30 September 2028, quoted at AED 682,095 on the regular plan or AED 709,379.64 on the 50/50 PHPP. Inventory synced from REEF price list dated 08 Apr 2026 for Reef 996 in Dubai Production City (IMPZ), with completion in September 2028. Latest shared floor-plan update highlights Studio Type 4 with 321 sq ft carpet area, 95 sq ft balcony, 416 sq ft total area, community view, indicative price AED 734,952, and a 50/50 payment plan with 10% down payment plus 4% DLD and AED 2,625 admin fee, 10% after one month, 1% monthly before handover, and the balance post handover over 50 months. Latest shared sale offer covers Studio Type 5, Unit 1024, with 320.66 sq ft internal area, 91.39 sq ft balcony, 412.04 sq ft total area, Marina Skyline view, and quoted price AED 750,585.47.

The plan uses 10% down payment, 10% after one month, 29% in staged pre-handover monthly instalments, 2% at completion, and 49 monthly 1% post-handover instalments through 31 October 2032, plus 4% DLD and AED 2,625 admin fee. Another shared sale offer for Studio Type 5, Unit 1024, quotes AED 721,716.79 on a 50/50 on-handover plan dated 25 Apr 2026.

The structure is 10% down payment, 10% after one month, 30% in staged monthly pre-handover instalments, 50% at completion on 30 September 2028, plus 4% DLD and AED 2,625 admin fee. Latest shared studio floor-plan update lists 410.75 sq ft, quoted at AED 724,000, on a 50/50 PHPP payment plan with handover in Q3 2028.