Reef Luxury Development L.L.C · Selling since 2014 · recent sales mostly off-plan
AED 1,665/sqft
—
AED 1,558,913
AED 1,200,501 to AED 2,462,956, from 1.5 years of this project's own history. A trend, not a forecast.
Wide range
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in 999 Residences By Reef Luxury Development — not an asking price, and not this project’s overall median, which mixes every unit size together.
A year’s rent against what that size actually sold for in 999 Residences By Reef Luxury Development over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in 999 Residences By Reef Luxury Development itself; the rest are homes of the same size in Al Furjan, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 1 bed | AED 1.31M | AED 66,000/yrsame size in Al Furjan | 5.0% | 55 |
| 2 beds | AED 2.48M | AED 82,500/yrsame size in Al Furjan | 3.3% | 12 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 1 bed here reads 5.6% instead of 5.0%, because it prices the home at AED 1.18M — the median across every sale on record — rather than the AED 1.31M it costs today. Every figure above uses the same twelve months on both sides.
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 15/sqft across 21 buildings, most recently filed for 2023. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 11,788 | AED 54,212 | 5.0% | 4.1% |
| 2 beds | AED 22,611 | AED 59,889 | 3.3% | 2.4% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Price vs. Al Furjan median
+6.0%
Priced above the area's real median — ask why.
Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Transport, schools, healthcare, and daily essentials within 3 km.
0 m
Al Furjan
156 m
Arcadia Global School
647 m
Spinneys Supermarket
Hills View At Wasl Gate
SUNCREST HILLS PROPERTY L.L.C
Hillside Residences 3
Jag Development L.L.C
Bellavion By Sunrise
SUNRISE CAPITAL REAL ESTATE DEVELOPMENT L.L.C
South Garden E
Jag Development L.L.C
Serene Gardens By Prescott
PRESCOTT REAL ESTATE DEVELOPMENT L.L.C
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Straight-line distances — actual walking or driving routes will be longer. Measured from the centre of Al Furjan — we couldn't pin this project's exact address, so treat these as area-level, not door-to-door. Places data from OpenStreetMap.