Studio Apartment in Reef 998, Wadi Al Safa 5

This studio with 1 bathroom at Reef 998 offers 477 sq ft in Wadi Al Safa 5 (Dubailand), priced from AED 815,462 (about AED 1,710 per sq ft), with handover expected in Q2 2028, according to the Dubai Land Department.

Reef 998 is a residential building by Reef Luxury Development in Dubai Land Residence Complex. The Dubai Land Department lists it as project 3651 (Reef Luxury Development L.L.C), registered in May 2025 with 339 units: 323 homes (114 studios, 133 one-bedroom, 57 two-bedroom and 19 three-bedroom) and 16 commercial units. Construction stood at 2.07% at the latest DLD inspection on 27 August 2026.

Wadi Al Safa 5 is the name the Dubai Land Department uses for this part of Dubailand. It takes in Dubai Land Residence Complex (DLRC), an area of low- to mid-rise apartment buildings, along with newer master-planned communities, and is mostly a newer, still-developing district.

A studio suits a single professional or an investor looking for a lower entry price and steady rental demand.

Our feed does not list a payment plan for this unit, so ask Platinum Square for the current schedule before booking.

How does the price compare with Wadi Al Safa 5? Registered sales in Wadi Al Safa 5 had a median of AED 1,623 per sq ft from 1 January to 1 October 2026 (Dubai Land Department, 404 sales). At about AED 1,710 per sq ft, this unit is around 5% above that median.

What rental yield can investors expect in Wadi Al Safa 5? The median annual rent was AED 52,000, a gross yield of about 3.9% over the same period (Dubai Land Department, 5,739 Ejari contracts in Wadi Al Safa 5). Actual returns depend on the unit, floor and market at handover.

When will Reef 998 be completed? The Dubai Land Department lists 30 June 2028, matching the Q2 2028 date in our feed.

Prices and availability come from the developer and can change. Contact Platinum Square for current availability, floor plans and the full payment schedule.