by Reef Developments
Reef 998 at Dubai Land Residence ComplexPayment Plan
Dubai Land Residence Complex (DLRC), Dubai, UAE
Developer
Reef Developments
Unit Types
1-3 BR · Studio
Size Range
410 - 1,901 sqft
38 - 177 sqm
Handover
Q2 2028
Payment Plan
70/30
Reef 998 at Dubai Land Residence Complex Payment Plan & Buyer Costs
20% Down Payment On Booking Date 50% During Construction 30% Post Handover
Beyond the purchase price, budget for the one-time Dubai Land Department fee (4%), the Oqood off-plan registration (around AED 3,000) and standard agency fees. Dubai charges no annual property tax and no capital-gains tax, so investment returns are kept in full.
Payment Plan
70/30
On Booking
20%
Down Payment
During Construction
48%
Progress-linked installments
On Handover
32%
Balance on completion
20% Down Payment On Booking Date 50% During Construction 30% Post Handover
Accepted Methods
Units Information
Unit Types
1-3 BR, Studio
Size Range
410 - 1,901 sqft
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Project Details
Regulatory Permit
Buyer's Guide & Resources
Essential reading for property buyers in Dubai
How to Buy Property in Dubai
Step-by-step: from RERA agent to title deed in 30 days
Golden Visa Through Property
AED 2M threshold, eligibility and family inclusion
Off-Plan vs Ready Properties
Pros, cons and decision matrix for each type
DLD Fees Explained
The real all-in cost beyond the 4% headline
Title Deed vs Oqood
Why this difference matters for resale and visa
Buying as a Non-Resident
Power of attorney, financing and timelines explained