Filed Pursuant to Rule 424(b)(3)
Registration No. 333-268995
RREEF PROPERTY TRUST, INC.
SUPPLEMENT NO. 7 DATED JULY 1, 2026
TO THE PROSPECTUS DATED APRIL 14, 2026
This document supplements, and should be read in conjunction with, our prospectus dated April 14, 2026, as supplemented by Supplement No. 1 dated April 17, 2026, Supplement No. 2 dated May 1, 2026, Supplement No. 3 dated May 15, 2026, Supplement No. 4 dated May 20, 2026, Supplement No. 5 dated June 1, 2026 and Supplement No. 6 dated June 16, 2026. Unless otherwise defined herein, capitalized terms shall have the same meanings as set forth in the prospectus. The purpose of this supplement is to disclose:
•our daily net asset value, or NAV, per share for our common stock for the month of June 2026; and
•an update on our share redemption plan activity.
Historical NAV per Share
The following table sets forth the NAV per share for the Class A, Class I, Class T, Class D, Class M-I, Class T2 and Class N shares of our common stock on each business day for the month of June 2026. There were no Class S shares of our common stock outstanding during this period.
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Date | | NAV per Class A Share | | NAV per Class I Share | | NAV per Class T Share** | | NAV per Class D Share* | | NAV per Class M-I Share | | NAV per Class T2 Share | | NAV per Class N Share** |
| June 1, 2026 | | $13.12 | | $13.21 | | $13.25 | | $13.24 | | $13.10 | | $13.04 | | $13.12 |
| June 2, 2026 | | $13.06 | | $13.15 | | $13.19 | | $13.17 | | $13.03 | | $12.98 | | $13.05 |
| June 3, 2026 | | $13.06 | | $13.15 | | $13.19 | | $13.17 | | $13.03 | | $12.98 | | $13.06 |
| June 4, 2026 | | $13.06 | | $13.15 | | $13.20 | | $13.18 | | $13.04 | | $12.98 | | $13.06 |
| June 5, 2026 | | $13.06 | | $13.15 | | $13.20 | | $13.18 | | $13.04 | | $12.98 | | $13.06 |
| June 8, 2026 | | $13.07 | | $13.16 | | $13.21 | | $13.19 | | $13.05 | | $12.99 | | $13.07 |
| June 9, 2026 | | $13.07 | | $13.16 | | $13.21 | | $13.19 | | $13.05 | | $12.99 | | $13.07 |
| June 10, 2026 | | $13.07 | | $13.17 | | $13.21 | | $13.19 | | $13.05 | | $12.99 | | $13.07 |
| June 11, 2026 | | $13.08 | | $13.17 | | $13.21 | | $13.19 | | $13.05 | | $13.00 | | $13.07 |
| June 12, 2026 | | $13.08 | | $13.17 | | $13.22 | | $13.20 | | $13.06 | | $13.00 | | $13.08 |
| June 15, 2026 | | $13.09 | | $13.18 | | $13.22 | | $13.20 | | $13.06 | | $13.00 | | $13.09 |
| June 16, 2026 | | $13.09 | | $13.18 | | $13.23 | | $13.21 | | $13.07 | | $13.01 | | $13.09 |
| June 17, 2026 | | $13.09 | | $13.18 | | $13.23 | | $13.21 | | $13.07 | | $13.01 | | $13.09 |
| June 18, 2026 | | $13.09 | | $13.19 | | $13.23 | | $13.21 | | $13.07 | | $13.01 | | $13.09 |
| June 22, 2026 | | $13.10 | | $13.20 | | $13.24 | | $13.22 | | $13.08 | | $13.02 | | $13.10 |
| June 23, 2026 | | $13.11 | | $13.20 | | $13.24 | | $13.23 | | $13.08 | | $13.02 | | $13.11 |
| June 24, 2026 | | $13.17 | | $13.27 | | $13.30 | | $13.30 | | $13.15 | | $13.09 | | $13.18 |
| June 25, 2026 | | $13.17 | | $13.27 | | $13.31 | | $13.30 | | $13.15 | | $13.09 | | $13.18 |
| June 26, 2026 | | $13.17 | | $13.27 | | $13.30 | | $13.30 | | $13.15 | | $13.09 | | $13.18 |
| June 29, 2026 | | $13.16 | | $13.26 | | $13.30 | | $13.29 | | $13.14 | | $13.08 | | $13.17 |
| June 30, 2026 | | $13.16 | | $13.26 | | $13.30 | | $13.29 | | $13.14 | | $13.08 | | $13.16 |
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*Class D shares are currently being offered pursuant to a private placement offering.
**Class N and Class T shares are not available for purchase except through our distribution reinvestment plan.
Purchases and redemptions of shares of our common stock are made in accordance with our policies as set forth in our prospectus. Our NAV per share is posted daily on our website at www.rreefpropertytrust.com and is made available on our toll-free, automated telephone line at (855) 285-0508.
Please refer to “Net Asset Value Calculation and Valuation Guidelines” in our prospectus for important information about how our NAV is determined.
Redemptions
For the month of June 2026, we received redemption requests in excess of the remaining amount under our 5% quarterly limit. As per the terms of our share redemption plan, we honored all death and disability-based redemption requests and any requests for which the total account value was less than the minimum account balance of $500, if any, in full and all other redemption requests on a pro rata basis up to the limit. As such, each stockholder whose June 2026 redemption request was prorated received approximately 67.6% of such request.