Reef 998, Wadi Al Safa 5

    Sold Prices · DLD Data

    Reef 998

    Wadi Al Safa 5, Dubai · Dubai Land Residence Complex

    AED 1,561

    Avg Price / sqft

    AED 1.1M

    Avg Sale Price

    123

    DLD Sales Recorded

    339

    Total Units

    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 123 sales in the building, at an average price of AED 1.1M — around AED 1,561 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.

    Figures are from Dubai Land Department transaction records for Reef 998; individual units vary by floor, view and finish.

    Price trend

    Price trend in Reef 998

    Average sale price per sqft by month since January 2026-8.7%

    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 738K

    AED 1,723/sqft

    32 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
    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
    10 Jul 2026Sales1671AED 1.0MAED 1,562

    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 and ALDAR Development, 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

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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 1,561 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.

    How many properties have sold in Reef 998?

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

    Considering Reef 998?

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