Pay10% Down payment | 1%Monthly | 50%Post H. O

Type

Apartment

Purpose

Sale

Furnishing

Unfurnished

Updated

24th August 2026

Completion Status

Off-Plan

Payment Plan

70/30

Handover

Q3 2028

Developer

Reef Luxury Development

Project Name

Reef 996

A modern residential tower in Dubai Production City / IMPZ, offering Studio, 1BR, 2BR and 3BR apartments with a unique outdoor-cooled balcony and garden lounge concept.
The project is ideal for investors looking for affordable entry, flexible payment plans, strong rental demand and a standout feature that can support future rental and resale value.

Investment Highlights
Starting Price: from approx. AED 667K–692K
Unit Types: Studio, 1BR, 2BR & 3BR
Payment Plan: 50/50 or 70/30, subject to availability
Post-Handover: PHPP options available on selected units
Handover: Q3 2028
Developer: Reef Luxury Development
Location: Dubai Production City / IMPZ
Ownership: Freehold
Expected ROI: 8%–9%, subject to unit, price and market rent
Capital Appreciation: Strong potential due to the unique cooled-balcony concept, affordable entry and IMPZ growth

Why Investors Like This Deal
Reef 996 stands out because of its Outdoor-Cooled Garden Lounges, a different concept that can make the project more attractive for tenants compared to normal apartments.
The project is located in Dubai Production City / IMPZ, a growing rental community close to Dubai Sports City, Motor City, JVC and Jumeirah Golf Estates.
For ROI, the project can attract tenants looking for modern apartments, lifestyle amenities, good connectivity and better rental value compared to central Dubai.
For capital appreciation, IMPZ is still growing, and projects with unique features, strong amenities and flexible payment plans can benefit as the area becomes more active and mature.

Location & Connectivity
Dubai Production City / IMPZ
Close to City Centre Me’aisem
Close to Dubai Sports City
Close to Motor City
Close to Jumeirah Golf Estates
Easy access to Sheikh Mohammed Bin Zayed Road
Easy access to Al Khail Road
Good access to Dubai Marina, JBR and Mall of the Emirates
Connected to JVC, Studio City and Dubai Hills areas

Amenities
Outdoor-cooled garden lounges
Outdoor-cooled sunken balconies
Infinity pool
Kids’ pool
Gym
Pilates studio
Yoga studio
Cinema area
BBQ area
Basketball court
Tennis & padel court
Badminton & volleyball court
Kids’ play area
Covered parking
Security

Posted on: 24th August 2026