When will Reef 998 be completed?

The completion date registered with the Dubai Land Department is June 2028. At the pace of its recent inspections the site would reach 100% around November 2050. Developers can apply to the Land Department to extend the date, so check the register before relying on it.

How much of Reef 998 is built?

2.1%, measured at the Land Department site inspection on 27 August 2026. The Land Department engineers have inspected the site 4 times since April 2025.

It is running behind. At the rate of the last year it would finish more than three months after its registered date of June 2028.

Who is building Reef 998?

The registered developer is Reef Luxury Development. It has 5 other projects under construction in Dubai.

Which bank holds the escrow account for Reef 998?

Abu Dhabi Islamic Bank. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.

Reef 998 construction progress

Reef 998 in Dubai Land Residence Complex is 2.1% built at the Land Department inspection of August 2026. Developer Reef Luxury Development. Completion registered for June 2028.

2.1%

Built, at the Land Department site inspection of 27 August 2026

Running behind its date

Completion date (Land Department): June 2028
Finish at recent pace: November 2050
Construction started: June 2025
Registered with the Land Department: May 2025
Developer: Reef Luxury Development
Community: Dubai Land Residence Complex
Units: 339
Escrow bank: Abu Dhabi Islamic Bank
Name in Arabic: ريف 998
Land Department project number: 3651
Land Department site inspections: 4

Schedule

Between March 2026 and August 2026 the site added about 0.3 points a month. At that rate it would finish around November 2050, more than three months after the June 2028 date registered with the Land Department.

Progress at each Land Department site inspectionStraight line from start to the Land Department completion date

Site inspections

27 August 2026

2.1%+1.2 pts

18 June 2026

0.8%+0.6 pts

10 March 2026

0.2%+0.2 pts

3 April 2025

All 14 site photos, by inspection date

Context

Dubai Land Residence Complex has 65 projects under construction, 24% built on average.

Reef Luxury Development has 6 projects under construction in Dubai, none past their registered completion dates.

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Questions

When will Reef 998 be completed?: The completion date registered with the Dubai Land Department is June 2028. At the pace of its recent inspections the site would reach 100% around November 2050. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
How much of Reef 998 is built?: 2.1%, measured at the Land Department site inspection on 27 August 2026. The Land Department engineers have inspected the site 4 times since April 2025.
Is Reef 998 delayed?: It is running behind. At the rate of the last year it would finish more than three months after its registered date of June 2028.
Who is building Reef 998?: The registered developer is Reef Luxury Development. It has 5 other projects under construction in Dubai.
Which bank holds the escrow account for Reef 998?: Abu Dhabi Islamic Bank. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.

Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.