Coral Reef — image 1
Off-plan project

Coral Reef

by Damac Properties

Dubai Maritime City

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Starting price
AED 1,600,000
Handover
December 2028
Payment Plan
70/30
Developer
Damac Properties
Status
Off-plan
About the project

Coral Reef

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 .

Floor plans

Floor plans & unit types

TypeBedsSize
Apartment1—
Apartment2—
Apartment3—
Amenities

Amenities & Features

  • Gym
  • Shared Pool

Location

Exceptional connectivity in Dubai Maritime City

Almost entirely off-plan, with most towers handing over from 2026 onward, so there is little rental evidence yet. The waterfront position and closeness to the old city are the investment case.

  • 10 min—Downtown Dubai
  • 15 min—Dubai International Airport (DXB)
  • 15 min—Dubai Creek Harbour
  • 25 min—Mall of the Emirates
  • 25 min—Dubai Hills Mall

Approximate drive times, estimated from the project’s location.

Payment plan

Payment plan

Spread the cost across the build — pay in stages up to handover.

70/30

paid during construction / on and after handover

  1. 70%

    During Construction

  2. 30%

    On Handover

Expected completion: December 2028

Video

Project video

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  • Unit availability and launch pricing
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  • Golden Visa eligibility advice

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Golden Visa Checker

10-year residency eligibility

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Add AED 400,000 to reach the AED 2,000,000 threshold.

AED 2,000,000 is the widely-cited threshold — confirm current ICP/DLD rules before relying on this.

Rental Yield Calculator

Gross & net return on investment

Gross yield

6.3%

Net yield

4.6%

Net of service charge (AED 12,000/yr), ~6% void & 5% management; net yield on price + 4% DLD transfer. Net operating income AED 77,000/yr.

Starting price

AED 1,600,000

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