Reef Luxury Developments has announced plans to invest Dh14 billion across 30 projects in Dubai, introducing 5,000 residential units by the end of 2025. This move marks the company’s significant entry into Dubai’s booming real estate market.
New Projects and Competitive Pricing
Reef has acquired land across key locations in Dubai and will launch projects valued at Dh5 billion in the next three months. The company’s first residential project in the city will debut shortly, offering competitive pricing to attract both local and international buyers.
Innovative Sunken Balconies for Year-Round Outdoor Living
All apartments will feature temperature-controlled sunken balconies, a unique innovation patented by Reef. These balconies are designed to provide residents with the comfort of outdoor living throughout the year, regardless of weather conditions.
Commitment to Future-Ready Real Estate
Samer Ambar, CEO of Reef Luxury Developments, highlighted the company’s vision to create properties that cater to both current and future needs. “Our goal is to shape vibrant communities that improve residents’ quality of life,” Ambar stated.
Investment in Innovation and Design
To strengthen its capabilities, Reef has invested over Dh40 million in research and development, aiming to lead the real estate industry with a focus on innovative design and technology that delivers greater value to its customers.