997 Residences by Reef Luxury Development

Off-Plan

DeveloperREEF LUXURY DEVELOPMENT L.L.C

CommunityPalm Deira

AreaPalm Deira

Started

6 months ago15-07-2025

Handover

In 2 years 2 months30-03-2028

Status

0% BuiltIn Progress

Project Description

G+2P+8 Residential Building Consist of 1 Bedroom with Balcony =23 Rooms, 2 Bedroom with Balcony =36 Rooms, 3 Bedroom with Balcony =3 Rooms + 4 Bedroom with Balcony = 1 Room Total of 63 Rooms

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

—No recent sales

Momentum: Last 12Mvs Prior Year

—No sales in period

Community Compare: Last 90DPalm Deira

Premium

+5%

Above Avg

Project:AED 2,627/sqft

Community:AED 2,506/sqft

Liquidity: Last 12MExit Speed

Low

2%Turnover

1Sold (Last 12M)

Supply & Demand Matrix

997 Residences by Reef Luxury Development averaged 0% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

1 Bedroom

23 units

0 sold23 left

Velocity

2 Bedrooms

36 units

0 sold36 left

Velocity

3 Bedrooms

3 units

0 sold3 left

Velocity

4 Bedrooms

1 units

0 sold1 left

Velocity

Layouts & Units (63)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 5 units	Type Flat	Beds 1 B/R	Size 771 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5 units	Type Flat	Beds 1 B/R	Size 778 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 1 B/R	Size 834 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 208	Type Flat	Beds 1 B/R	Size 955 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 1 B/R	Size 1,051 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 2 B/R	Size 1,216 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 18 units	Type Flat	Beds 2 B/R	Size 1,219 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units P02	Type Flat	Beds 2 B/R	Size 1,366 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units P01	Type Flat	Beds 2 B/R	Size 1,379 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 2 B/R	Size 1,461 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units P03	Type Flat	Beds 2 B/R	Size 1,491 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 102	Type Flat	Beds 2 B/R	Size 1,781 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 103	Type Flat	Beds 2 B/R	Size 1,911 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 101	Type Flat	Beds 2 B/R	Size 2,164 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G02	Type Flat	Beds 3 B/R	Size 2,491 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G01	Type Flat	Beds 3 B/R	Size 2,536 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G03	Type Flat	Beds 3 B/R	Size 2,549 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 801	Type Flat	Beds 4 B/R	Size 6,262 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

18 unique layouts covering 63 units