09/16/2026
SOLD | 2 BEDROOM | REEF 998, DLRC
Another great acquisition secured for one of our investors from the U.S., and one that was built around a very specific objective: reliable rental income with long-term capital appreciation.
The brief was simple. Stable revenue, high potential appreciation, no Airbnb. We wanted a property that would be easy to rent, competitively priced, and positioned for future growth.
After mapping out the fundamentals around client criteria, we landed in Dubai Land Residence Complex (DLRC), 15–20 minutes from Downtown, with significant infrastructure investment and, most importantly, Academic City directly across the road.
With 50’000+ students and staff expected across the area’s 27 schools, universities and research institutions, the rental demand is backed by a very real tenant base.
Then came the building.
REEF 998 gave us an additional edge: we secured this 2-bedroom at AED 1.5M, below the typical AED 1.6–1.7M range we were seeing for comparable 2-bedroom units in the area. It also comes with REEF’s patented outdoor climate-control technology, allowing residents to actually enjoy their balconies and outdoor spaces through Dubai’s summer months.
Add a unit facing the Downtown skyline, an upcoming metro station within walking distance, and a structured payment plan with 20% down and 1% monthly until handover, and the numbers started to make a lot of sense.
Handover: Q2 2028
Purchase Price: 1.5M AED | 570k CA$ | 408k US$ | 350k €
Downpayment : 360k AED | 137k CA$ | 98k US$ | 85k €
Congratulations to our client, and well done to Mohamed Alami, B.Eng. (Mohamed Alami, B.Eng. | Dubai Real Estate) on his 6th sale in REEF 998.
Another investment, carefully placed.
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