REEF Luxury Developments launches $81mn project
The project will incorporate sustainable practices and technologies to enhance environmental responsibility
REEF Luxury Developments has announced the launch of its second luxury project, REEF 999 which is being developed at a cost of US $81mn and will take shape in Al Furjan, Dubai. The anticipated handover for the project is scheduled for Q1 2027.
The new residential project will feature REEF Luxury Development’s patented climate-controlled sunken balcony and unique winter gardens, making it a unique addition to the real estate landscape and Dubai’s in particular, the firm said.
REEF 999 will feature 142 units, including 108 one-bedroom apartments, 20 two-bedroom apartments, and four three-bedroom apartments, in addition to 10 exclusive villas with private winter gardens. Residents will enjoy a wide range of features and luxurious amenities including climate controlled sunken balcony, winter garden, indoor technology, yoga area, vegetable garden, BBQ areas, cricket pitch, pickle ball, badminton, volleyball court, 360 – jogging track, tennis, paddle court, Jacuzzi, swimming pool, Baja shelf, sitting areas, co-working space, open cinema, decking area, kids play area and more, the developer explained.
“We are thrilled with the response that we have received for our projects and furthermore excited to launch REEF-999 continuing to focus on outdoor living in the UAE. Our project offers an exceptional luxury experience and investment value by maximizing livable spaces and integrating innovative design elements that cater to the modern lifestyle,” said Samer Ambar, CEO, REEF Luxury Developments.
The development is expected to attract buyers and investors due to its high return on investment (ROI), and prime location. REEF Luxury Developments is committed to sustainability, incorporating sustainable practices and technologies to enhance environmental responsibility reflected in the use of energy-efficient systems and the integration of green spaces throughout the community.
