Reef 998 (Wadi Al Safa 5, Dubai) Price Analytics

Units in Reef 998 in Wadi Al Safa 5, Dubai sold at a median price of AED 1,561 per sqft over the last 12 months, across 252 registered sales. The median transaction value was AED 1,047,196.

Reef 998 trades about 5.6% above the Wadi Al Safa 5 district median of the last 12 months, based on registered sale prices per sqft. See Wadi Al Safa 5 price trends for the full area picture.

The 12-month median price per sqft for Reef 998 is down 3.3% versus the previous 12 months, per registered Dubai transactions.

Registered 12-month median prices by layout - 1-bedroom: AED 1,077,134 (median of 106 sales); 2-bedroom: AED 1,431,939 (median of 44 sales); 3-bedroom: AED 1,879,636 (median of 15 sales); Studio: AED 724,737 (median of 87 sales).

Indicative gross yields using registered Wadi Al Safa 5 rents against Reef 998 sale prices for the same bedroom count - Studio: about 5.0% (AED 36,000 district rent vs AED 724,737 in Reef 998); 1-bedroom: about 4.5% (AED 48,059 district rent vs AED 1,077,134 in Reef 998); 2-bedroom: about 4.3% (AED 62,000 district rent vs AED 1,431,939 in Reef 998); 3-bedroom: about 8.0% (AED 150,000 district rent vs AED 1,879,636 in Reef 998). Gross yield excludes service charges and fees.

Off-plan (primary market) purchases made up 100% of the 252 registered Reef 998 sales in the last 12 months - 252 transactions at a median AED 1,561 per sqft.

All figures are computed from official DLD (Dubai Land Department) registered transaction records and refreshed with our daily data pipeline. Figures are medians and indicative only, not valuations.