Reef 998, Wadi Al Safa 5

Sold Prices · DLD Data

Reef 998

Wadi Al Safa 5, Dubai · Dubai Land Residence Complex

AED 1,562

Avg Price / sqft

AED 1.1M

Avg Sale Price

124

DLD Sales Recorded

4.6%

Est. Gross Yield

View listings Explore Arabian Ranches 3

Market snapshot

Reef 998 — the numbers

Reef 998 is a residential building in Wadi Al Safa 5, Dubai with approximately 339 units. Dubai Land Department records show 124 sales in the building, at an average price of AED 1.1M — around AED 1,562 per square foot.

Since January 2026, 123 sales completed in Reef 998, with the average price per square foot moving from AED 1,602 to AED 1,462 (-8.7%). That softening can open negotiating room for buyers.

Benchmarked against average residential rents in Wadi Al Safa 5, a typical unit in Reef 998 returns an estimated 4.6% gross rental yield before service charges — a useful starting point for investors comparing towers across Wadi Al Safa 5.

Figures are from Dubai Land Department transaction records for Reef 998; individual units vary by floor, view and finish. Gross yield is estimated against average Wadi Al Safa 5 residential rents, before service charges.

Price trend

Price trend in Reef 998

Average sale price per sqft by month since January 2026 (single-sale months excluded)-8.7%

1,4631,5281,592Jan 26: AED 1,602/sqft · 26 salesJan 26Feb 26: AED 1,573/sqft · 26 salesFeb 26Mar 26: AED 1,563/sqft · 12 salesMar 26Apr 26: AED 1,563/sqft · 12 salesApr 26May 26: AED 1,613/sqft · 10 salesMay 26Jun 26: AED 1,442/sqft · 7 salesJun 26Jul 26: AED 1,530/sqft · 27 salesJul 26Aug 26: AED 1,462/sqft · 3 salesAug 26

Unit types

Prices by unit type

Studio

AED 741K

AED 1,724/sqft

33 sales · last 12 months

1 Bed

AED 1.1M

AED 1,564/sqft

51 sales · last 12 months

2 Bed

AED 1.4M

AED 1,422/sqft

30 sales · last 12 months

3 Bed

AED 2.0M

AED 1,425/sqft

8 sales · last 12 months

Transactions

Recent sold prices

DateTypeBedsSize (sqft)PriceAED/sqft
08 Sept 2026Sales0477AED 830KAED 1,741
12 Aug 2026Sales1671AED 1.0MAED 1,499
10 Aug 2026Sales1671AED 1.1MAED 1,607
07 Aug 2026Sales21,002AED 1.3MAED 1,278
30 Jul 2026Sales1671AED 1.1MAED 1,578
30 Jul 2026Sales0478AED 841KAED 1,759
29 Jul 2026Sales0478AED 510KAED 1,068
27 Jul 2026Sales21,002AED 1.4MAED 1,433
24 Jul 2026Sales1623AED 1.0MAED 1,684
22 Jul 2026Sales-658AED 316KAED 479
21 Jul 2026Sales21,002AED 1.4MAED 1,395
21 Jul 2026Sales21,004AED 1.6MAED 1,590
21 Jul 2026Sales1644AED 1.1MAED 1,702
21 Jul 2026Sales21,011AED 1.3MAED 1,299
13 Jul 2026Sales1793AED 1.1MAED 1,418
13 Jul 2026Sales21,011AED 1.6MAED 1,587
13 Jul 2026Sales1738AED 1.1MAED 1,557
10 Jul 2026Sales1671AED 1.1MAED 1,578
10 Jul 2026Sales1644AED 1.1MAED 1,668
10 Jul 2026Sales31,397AED 2.0MAED 1,467

About the area

Reef 998 is in Arabian Ranches 3

Arabian Ranches 3 is a burgeoning residential community in Dubai that caters to families and individuals seeking a harmonious blend of nature and modern living. Developed by Emaar Properties, this area is distinguished by its contemporary three- and four-bedroom townhouses, designed with modern aesthetics and practical layouts, appealing to those who value both comfort and style.

Explore the Arabian Ranches 3 area guide

Nearby

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Nuve By Zoya

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Rise By Athlon 1

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Kensington Gardens

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Cove Grand Residence By Imtiaz

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Peace Lagoons Ii By Peace Homes

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Sky Line By Peace Homes

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FAQ

Reef 998: frequently asked questions

What is the average price in Reef 998?

The average recorded sale price in Reef 998, Wadi Al Safa 5 is AED 1.1M, around AED 1,562 per square foot, based on Dubai Land Department transaction data.

Are prices in Reef 998 going up or down?

Average sale prices in Reef 998 have eased -8.7% per square foot since January 2026, across 123 DLD-recorded sales.

What rental yield can I expect in Reef 998?

Based on average Wadi Al Safa 5 residential rents against sale prices in the building, a typical unit in Reef 998 yields roughly 4.6% gross per year, before service charges and fees.

How many properties have sold in Reef 998?

124 sales have been recorded in Reef 998 according to DLD data, across approximately 339 units.

Considering Reef 998?

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