What is the payment plan for Reef 999?

Reef 999 by REEF Luxury Developments is sold on a 20/20/60 plan: 20% on booking, 20% during construction, 60% on completion, as published by the developer.

How much is the booking amount for Reef 999?

20% of the price. On the cheapest unit at AED 1.6M that is AED 312,000.

How much do I pay before I get the keys to Reef 999?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.6M that is AED 1.6M by handover in Q2 2027.

Does Reef 999 have a post-handover payment plan?

No. The published plan completes at handover in Q2 2027.

What are the registration fees on Reef 999?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.6M that is AED 62,400. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.

When is the handover of Reef 999?

REEF Luxury Developments publishes Q2 2027, which is 9 months from now.

REEF Luxury Developments · Jebel Ali Village · handover Q2 2027

Reef 999 payment plan

Reef 999 by REEF Luxury Developments in Jebel Ali Village, Dubai is sold on a 20/20/60 payment plan. On the cheapest unit, starting from AED 1.6M, that is AED 1.6M (100%) paid by handover in Q2 2027. Handover is 9 months away.

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The Reef 999 payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On Booking	20%
During Construction	20%
On Completion	60%

On the cheapest unit (1–4 BR, AED 1.6M)

On Booking	AED 312,000
During Construction	AED 312,000
On Completion	AED 936,000
Total (100%)	AED 1,560,000
Months to handover	9

Percentages as published by REEF Luxury Developments. Dirham figures are those percentages applied to the published starting price of AED 1,560,000. Registration and other fees are not included.

The Reef 999 instalment schedule, line by line

Every instalment REEF Luxury Developments publishes for Reef 999, in order, with the charges listed alongside the plan.

Payment Plan

Published by REEF Luxury Developments

Stage	Instalment	Share	On AED 1,560,000
On Booking20%	On Booking	20%	AED 312,000
	Admin Feefee	fixed	AED 2,625
	DLD Feefee	4%	AED 62,400
During Construction20%	1st Installment to 4th Installment	4 × 5%	AED 78,000 each
On Completion	as published	60%	AED 936,000
Total of the plan		100%	AED 1,560,000

Lines marked fee (Admin Fee, DLD Fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Instalments and charges as published by REEF Luxury Developments; the dirham column applies each percentage to the published starting price of AED 1,560,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Reef 999

The same plan, applied to the starting price REEF Luxury Developments publishes for each size in the building.

Unit	From	On Booking (20%)	During Construction (20%)	On Completion (60%)
4 bedfrom 3,695 sq ft	AED 4,950,630	AED 990,126	AED 990,126	AED 2,970,378
1 bedfrom 894 sq ft	AED 1,560,000	AED 312,000	AED 312,000	AED 936,000
4 bedfrom 3,695 sq ft	AED 4,950,630	AED 990,126	AED 990,126	AED 2,970,378
4 bedfrom 3,696 sq ft	AED 4,972,935	AED 994,587	AED 994,587	AED 2,983,761

Starting price per size as published by REEF Luxury Developments; each column is that size’s published starting price multiplied by the stage percentage above.

What it costs to register Reef 999

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to REEF Luxury Developments and not to EZRE, and it sits outside the payment plan above. Administration, trustee and any developer charges are separate and are not shown here.

Unit	From	Land Department 4%
4 bed	AED 4,950,630	AED 198,025
1 bed	AED 1,560,000	AED 62,400
4 bed	AED 4,950,630	AED 198,025
4 bed	AED 4,972,935	AED 198,917

4% applied to each published starting price. The rate is the Dubai Land Department’s published registration fee and is not a figure from the register.

Everything else on Reef 999

Reef 999 payment plan: questions buyers ask

What is the payment plan for Reef 999?: Reef 999 by REEF Luxury Developments is sold on a 20/20/60 plan: 20% on booking, 20% during construction, 60% on completion, as published by the developer.
How much is the booking amount for Reef 999?: 20% of the price. On the cheapest unit at AED 1.6M that is AED 312,000.
How much do I pay before I get the keys to Reef 999?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.6M that is AED 1.6M by handover in Q2 2027.
Does Reef 999 have a post-handover payment plan?: No. The published plan completes at handover in Q2 2027.
What are the registration fees on Reef 999?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.6M that is AED 62,400. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.
When is the handover of Reef 999?: REEF Luxury Developments publishes Q2 2027, which is 9 months from now.