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Trusted Developer

Founded 20242 completed projects

Reef Luxury Development

Developer Intelligence

by Peak Trust Analytics

Reef Luxury Development: Dubai track record

Updated Oct 2026

Aggregates all registered developments under the Reef Luxury Development group.

Reef Luxury Development has sold 1,313 Dubai homes worth AED 2.1bn since 2005, ranking #57 of 135 Dubai developers by sales volume. Its portfolio spans 6 projects — 2 delivered and 4 under construction.

AED 2.1bn

Total sales value

Registered

#57

Rank by volume

of 135 developers

1,313

Homes sold

476 in last 12mo

2005

Active since

21 years in Dubai

Portfolio & pipeline

Total projects6
Delivered2
Under construction4
Active now2
Avg completion45%
Areas / communities2

Pricing & positioning

Average sold priceAED 1.60M
Median sold priceAED 1.20M
Price / sqft (all-time)AED 1,277
Price / sqft (last 12mo)AED 1,597 · +25%
Dubai market share0.09%
Avg service chargeAED 3.01/ft²
Est. gross rental yield10.7%

Recent Reef Luxury Development launches price ~25% above their all-time average per sqft.

Data computed by Peak Trust Analytics · Dubai market data powered by the Dubai Land Department (DLD) · Updated Oct 2026. Proprietary — not to be reused or redistributed without authorization. Not investment advice.

Developments by Reef Luxury Development

5 developments

Every DLD-registered development by this developer — build status, size, median price and price per sqft.

Phase 998ApartmentOff-plan · 2028339AED 1.04M1,557
Phase 996ApartmentOff-plan · 2028—AED 781k1,628
Phase 995—Under construction 0% · 2028347——
Phase 1000ApartmentUnder construction 67% · 2026126AED 1.09M1,445
Madina TowerApartmentDelivered · 2007205AED 1.34M827

About

Reef Luxury Development

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