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Source: Ainal Emirate
Published on 10/04/2024

Reef to Invest Dh14 Billion in Dubai, Introducing 5,000 Innovative Apartments by 2025

Revolutionizing Dubai’s Real Estate Market

Reef Luxury Developments is set to invest Dh14 billion across 30 projects, adding 5,000 new residential units to Dubai’s property market by 2025. The company's innovative offering includes temperature-controlled sunken balconies, allowing residents to enjoy outdoor living year-round.

Upcoming Projects and Competitive Pricing

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Reef will launch projects worth Dh5 billion in the next three months with a newly acquired land bank. The first residential project in Dubai is expected to be announced shortly, with competitive pricing to attract local and international buyers.

CEO Samer Ambar shared, “Our ‘Sunken Balcony’ technology is the first of its kind, transforming the real estate landscape globally. We’re committed to creating vibrant communities that anticipate future demands.”

The developer has invested over Dh40 million in research and development, aiming to lead the industry with a focus on cutting-edge technology and design.


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