License expires May 2026
REEF LUXURY DEVELOPMENT L.L.C
License #1361991 · Registered 2024 · 0% avg completion
01Developer verdict
VERIFY
0 completed, 1 under construction. Verify delivery history before committing. Best performer: 999 Residences by Reef Luxury Development (#105). License renewal due May 2026 — verify before committing to under-construction projects.
Top projects by rank: 999 Residences by Reef Luxury Development (#105)
02Key numbers
Total projects
6
DLD registered
Completed
0
0% done
Under construction
1
in progress
Sales (12m)
425
transactions
Rent contracts (12m)
0
strong demand
Occupancy
0%
0 / 1,023 units
03Portfolio breakdown
6
projects
Completed0
Under construction1
Pending5
Recent completion track record
REEF 1000in progress
04Risk assessment
caution
License expires before handover
License #1361991 expires May 2026, while several projects have handover dates in 2026–2028. Verify renewal plan before buying under-construction units.
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| 999 Residences by Reef Luxury DevelopmentpendingJabal Ali First | #105 | — | +8.4% | — | 15.915 | Analyze project → |
| —pendingWadi Al Safa 5 | — | — | — | — | 0 | Analyze project → |
| 997 Residences by Reef Luxury DevelopmentpendingPalm Deira | — | — | — | — | 26.287 | Analyze project → |
| REEF 1000activeWadi Al Safa 5 | — | — | — | — | 15.273 | Analyze project → |
| Reef 996pendingMe'Aisem First | — | — | — | — | 17.053 | Analyze project → |
| Reef 998pendingWadi Al Safa 5 | — | — | — | — | 17.015 | Analyze project → |
06Before you buy from this developer
critical
Verify license renewal plan
License #1361991 expires May 2026. Confirm renewal status before any commitment on active/pending projects.
verify
Check escrow account status
Verify financial guarantees and milestone payment structure for under-construction projects. Confirm funds are in RERA-regulated escrow.
verify
Confirm construction schedule
For active projects: verify current construction progress vs stated completion percentage. Request latest project timeline from developer.
context
Overall risk: MEDIUM
REEF LUXURY DEVELOPMENT L.L.C has 0 completed projects. Completed projects carry lower developer risk than off-plan.
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