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 typeSize (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 typeSize (sqft)Floor plan
Type B2
Type B1
Type A2
Type A1
Out of stock
Layout typeSize (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

Location

Map preview

Amenities

  • Infinity Pool
  • Gymnasium
  • Restaurants
  • Shared Pool
  • Children's Pool
  • Children's Play Area

Sold history for Coral Reef

TypeAEDArea (sqft)Date sold
1 bed apartment1,887,60088819 Nov 2024
2 bed apartment2,682,0001,17810 Dec 2024
3 bed apartment3,765,0001,73513 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.
TypeRental YieldEstimated rent (AED/year)
2 bed apartment5 %115,752

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.

Authorised agencies

Cle Dor Real Estate L.l.c Broker Image

Cle Dor Real Estate L.l.c

Company profile
EMTELAK PROPERTIES L.L.C Broker Image

EMTELAK PROPERTIES L.L.C

Company profile

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