Filed Pursuant to Rule 424(b)(3)

Registration No. 333-208751

RREEF PROPERTY TRUST, INC.

SUPPLEMENT NO. 4 DATED DECEMBER 3, 2018

TO THE PROSPECTUS DATED APRIL 16, 2018

This document supplements, and should be read in conjunction with, our prospectus dated April 16, 2018, as supplemented by Supplement No. 1 dated October 16, 2018, Supplement No. 2 dated November 1, 2018 and Supplement No. 3 dated November 16, 2018. 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 per share for our Class A, Class I and Class T shares for the month of November 2018.

Historical NAV per Share

The following table sets forth the net asset value, or NAV, per share for the Class A, Class I and Class T shares of our common stock on each business day for the month of November 2018:

Date	NAV per Class A Share	NAV per Class I Share	NAV per Class T Share
November 1, 2018	$13.99	$14.08	$14.02
November 2, 2018	$13.98	$14.07	$14.00
November 5, 2018	$14.00	$14.09	$14.02
November 6, 2018	$14.00	$14.10	$14.03
November 7, 2018	$14.02	$14.11	$14.05
November 8, 2018	$14.02	$14.11	$14.05
November 9, 2018	$14.02	$14.11	$14.05
November 12, 2018	$14.02	$14.11	$14.05
November 13, 2018	$14.02	$14.11	$14.04
November 14, 2018	$14.02	$14.11	$14.04
November 15, 2018	$14.01	$14.10	$14.03
November 16, 2018	$14.02	$14.11	$14.05
November 19, 2018	$14.02	$14.11	$14.05
November 20, 2018	$14.01	$14.10	$14.04
November 21, 2018	$14.01	$14.10	$14.04
November 23, 2018	$14.01	$14.10	$14.03
November 26, 2018	$14.01	$14.10	$14.03
November 27, 2018	$14.01	$14.11	$14.04
November 28, 2018	$14.02	$14.12	$14.05
November 29, 2018	$14.03	$14.12	$14.05
November 30, 2018	$14.04	$14.13	$14.07

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. Our NAV per share, which is updated at the end of each business day, along with our prospectus, as supplemented, are available on our website.