Wadi Al Safa 5 — new off-plan project
Wadi Al Safa 5· Dubai

Reef 998

DLD data as of 16 Aug 2026 · Last deal: 12 Aug 2026

Pictured: Mayfair Nexus· new project in the area
Direct DLD data

This building's market

Price benchmark (12 mo)
AED 1.0M
+8.3% year-on-year
Implied annual rent
Gross payback
Price per ft² (12 mo)
AED 1 520
-4.6% year-on-year
Deals in 12 mo
229
280 in 24 mo· +349.0%
Estimated gross yield
Developer data

Handover date and payment plan

Handover
Q2 2028
Developer: Reef Luxury Development
Payment plan
  • on booking20%
  • during construction40%
  • on handover40%

Matched to project "Reef 998" on a full name and area match. Source: the developer's published plan, our copy as of 2026-08-08. This is the developer's plan — not DLD data and not an offer: dates and terms are set by the developer.

Dynamics — what changed

Last 12 months vs the previous 12 (DLD registered deals, not a forecast).

Price benchmark (12 mo)
Prev. 12 mo
AED 966K
Last 12 mo
AED 1.0M
+8.3% · moderate price growth year-on-year
Price per ft² (12 mo)
Prev. 12 mo
AED 1 593
Last 12 mo
AED 1 520
-4.6% year-on-year
Monthly activity
2025-062026-08
DLD registration historyMonthly aggregates of registered sales, not listing prices.
Month
2026-08
Deals
3
Price benchmark
AED 1.1M
per ft²
AED 1 462
Month
2026-07
Deals
27
Price benchmark
AED 1.1M
per ft²
AED 1 530
Month
2026-06
Deals
7
Price benchmark
AED 1.4M
per ft²
AED 1 443
Month
2026-05
Deals
10
Price benchmark
AED 1.3M
per ft²
AED 1 612
Month
2026-04
Deals
12
Price benchmark
AED 760K
per ft²
AED 605
Month
2026-03
Deals
14
Price benchmark
AED 1.3M
per ft²
AED 1 543
Month
2026-02
Deals
26
Price benchmark
AED 1.0M
per ft²
AED 1 573
Month
2026-01
Deals
26
Price benchmark
AED 985K
per ft²
AED 1 602
Month
2025-12
Deals
21
Price benchmark
AED 1.1M
per ft²
AED 1 541
Month
2025-11
Deals
26
Price benchmark
AED 1.1M
per ft²
AED 1 569
Month
2025-10
Deals
26
Price benchmark
AED 1.1M
per ft²
AED 1 604
Month
2025-09
Deals
31
Price benchmark
AED 858K
per ft²
AED 1 612
Month
2025-08
Deals
28
Price benchmark
AED 954K
per ft²
AED 1 598
Month
2025-07
Deals
18
Price benchmark
AED 1.1M
per ft²
AED 1 574
Month
2025-06
Deals
5
Price benchmark
AED 697K
per ft²
AED 1 634
By unit type (24 mo)
TypeDealsPrice benchmarkper ft²
Studio94AED 726K1 635
1BR118AED 1.1M1 545
2BR50AED 1.4M1 362
3BR16AED 1.9M1 384

Other buildings in the area with data

Fresh off-plan

Fresh off-plan nearby

New projects in the area — developer renders

Get a shortlistPhoto: developer render, area illustration — not an exact view of this building.

Source: Dubai Land Department (DLD). Price is a deal-count-weighted average of monthly transaction medians. Implied rent = price × gross yield; payback = 100 ÷ yield. These are gross benchmarks before service charges, vacancy, maintenance and financing; not an offer or unit valuation.

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