A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.
Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.
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Reef 998 has a total residential supply of approximately units. This represents completed and available inventory within the area.
Reef 998 recorded 49 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.
The median transaction price in Reef 998 is AED 1,740 /sqft , based on actual recorded sales transactions, not listing prices.
The gross rental yield in Reef 998 is approximately %, calculated using median rental income divided by median sale prices for comparable properties.
Property prices in Reef 998 have shown a capital appreciation of 2.4% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.
There are currently 0 active off-plan projects in Reef 998, reflecting strong developer activity and future supply pipeline.
The total off-plan pipeline in Reef 998 includes approximately 114 units, which will significantly impact future supply and pricing dynamics.
Reef 998 is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.
All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.
Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.
Rental yield represents the annual rental income as a percentage of the property's purchase price. In Reef 998, this is %, indicating relatively strong income performance compared to global markets.
