We report the improved thermal stability of Ag reflectors for GaN-based light-emitting diodes (LEDs) using Ag nano-dots (∼65–∼190 nm in size). The nano-dot Ag samples show much higher reflectance than the Ag only samples. The annealed nano-dot Ag samples exhibit a smoother surface, where the grains contain numerous micro-twins. 〈111〉 texture becomes more dominantly evolved in the nano-dot Ag samples than in the Ag only samples after annealing. LEDs with the 300 °C-annealed nano-dot Ag reflectors exhibit 15%–36% higher output power (at 20 mA) than LEDs with the 300 and 400 °C-annealed Ag only reflectors.