Damac Islands
Dubai Islands
4 - 7 Beds
Launch price:2.3M AED
Under Construction
Sales Started: 1 Jul 2023
Coral Reef
Launch price 1.9M AED*
*Prices, availability, and purchase conditions may change frequently. Contact a representative for the latest availability and pricing.
Key information
- Delivery date
March 2028
- Sale starts
July 1, 2023
- Location
- Payment plan
- Number of buildings
- Property types
Apartment
- Government fee
4%
Payment plan
20%
Down payment
At sales launch
50%
During construction
30%
On handover
Project timeline
Project announcement
Booking Started
Construction Started
Expected Completion
Units
from developer
apartment
| Layout type | Size (sqft) | Floor plan |
|---|---|---|
| Type E2 | ||
| Type F2 | ||
| Type C2 | ||
| Type C1 | ||
| Type F1 | ||
| Type E1 | ||
| Type B2 | ||
| Type A2 | ||
| Type B1 | ||
| Type A1 | ||
| Type D1 | ||
| Type D2 |
Out of stock
| Layout type | Size (sqft) | Floor plan |
|---|---|---|
| Type B2 | ||
| Type B1 | ||
| Type A2 | ||
| Type A1 |
Out of stock
| Layout type | Size (sqft) | Floor plan |
|---|---|---|
| Type A2 | ||
| Type A1 |
Out of stock
available in this project.
About the project
Dubai's real estate request welcomes another gem in its portfolio the Coral Reef design. This exceptional high- rise palace is the rearmost domestic development by the famed DAMAC parcels, reflecting the inventor's harmonious commitment to luxury and invention.
Coral Reef's Prime Location
Coral Reef is strategically positioned in Dubai Maritime City, a high position that offers accessible access to major lodestones and business capitals. Its propinquity to Sheikh Zayed Road and Dubai International Airport makes daily exchanging smooth. residers can enjoy unlimited access to bordering hotspots like Dubai Marina, Jumeirah Beach Residence, and Town Dubai, offering an array of dining, retail, and entertainment options.
Luxurious Features
The 48- storey development houses luxury 1, 2, and 3 bedroom apartments. With the palace's shorefront position, each hearthstone offers stirring views of the Arabian Sea and the iconic Dubai skyline. Every morning greets you with an admiration- inspiring daylight, showcasing Dubai's mesmerizing geography.
The structure's innards are strictly designed, epitomizing luxury at its finest. But what sets this development piecemeal is the exclusive collection of celebrated Babolex, created only for this development. Known as icons of wonder, these puppets are the result of a creative cooperation with famed French artist Vincent Faudemer, marking a first for a DAMAC development.
Unequaled Amenities
Living in Coral Reef means indulging in an array of exclusive shorefront amenities. These include Beautifully landscaped auditoriums for unwinding,
- A boardwalk for tardy ambles,
- Private sand areas for relaxation and water sports,
- perpetuity pools offering a stimulating retreat.
- Beyond these, the development fosters a sense of community through its well- drafted collaborative spaces.
Housing Options
- The Coral Reef design parcels range from a minimum of 1 bedroom to a outside of 3 bedrooms. Each unit type offers a unique mix of comfort and luxury.
- Coral Reef's flexible payment plans feed to different fiscal requirements, making the design not just luxurious but also accessible.
Delivery Date and Starting Price
- Delivery Date: Q1-2028
- Starting Price: 1919538 AED
The Coral Reef design is presently under construction with an anticipated delivery date in Q1- 2028. Implicit buyers can look forward to joining a vibrant and luxurious community that offers a distinctive life at the heart of Dubai. Coral Reef by DAMAC Properties isn't just a domestic development; it's a life. With its high position, unique features, and variety of casing options, it promises a living experience that's truly unequaled .
Coral Reef masterplan
Coral Reef by DAMAC, Dubai Maritime City MasterPlan
Coral Reef by DAMAC Properties is a stunning residential development situated in Dubai Maritime City. This high-rise masterpiece features luxurious apartments offering panoramic views of the Arabian Sea and the iconic Dubai skyline. Designed with modern elegance, Coral Reef combines sleek architecture with world-class amenities, including an infinity pool, a private beach, and landscaped gardens. The development includes exclusive art installations by renowned French artist Vincent Faudemer, making it a unique blend of culture and luxury. With proximity to Sheikh Zayed Road and Dubai International Airport, residents are only a short distance from world-class dining, shopping, and entertainment hubs like Dubai Marina and Jumeirah Beach Residence. The residences feature spacious interiors with luxurious finishes, designed to provide the ultimate in comfort. Coral Reef offers a unique lifestyle for those looking for sophistication and cultural enrichment by the sea.
Key Features
Location
- 10 minutes to Sheikh Zayed Road
- 20 minutes to Downtown Dubai
Amenities
- Private Beach
- Infinity Pool
- Galleries & Museums
- Retail Outlets
Location
Amenities
- • Infinity Pool
- • Gymnasium
- • Restaurants
- • Shared Pool
- • Children's Pool
- • Children's Play Area
Sold history for Coral Reef
| Type | AED | Area (sqft) | Date sold |
|---|---|---|---|
| 1 bed apartment | 1,887,600 | 888 | 19 Nov 2024 |
| 2 bed apartment | 2,682,000 | 1,178 | 10 Dec 2024 |
| 3 bed apartment | 3,765,000 | 1,735 | 13 May 2024 |
We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.
Estimated rent you could get
This rental estimate is calculated based on the current ROI of Maritime City. The estimated rental price represents the ROI percentage of the average sale price.| Type | Rental Yield | Estimated rent (AED/year) |
|---|---|---|
| 2 bed apartment | 5 % | 113,992 |
We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.
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