About "Coral Reef"
Find your dream home among the best 1BR, 2BR, 3BR apartments in Coral Reef by Damac. Located in Maritime City, Dubai. Prices are starting from AED 1.66m.
Get ready to be swept off your feet by Coral Reef, Damac's breathtaking masterpiece in the heart of Dubai Maritime City! Imagine a lifestyle where endless sea views, unparalleled luxury, and unique aquatic experiences are your daily companions. This is no ordinary development; it's an artistic haven designed in collaboration with Vincent Faudemer, the "little prince of contemporary art." From whimsical Babolex sculptures to one-of-a-kind amenities like cascading pools, a luxurious spa, and even a floating cinema, Coral Reef isn't just a place to live—it's a sensory journey that blurs the lines between fiction and reality. Don't miss the chance to be at the center of this otherworldly living experience!
- OwnershipFreehold
- DeveloperDamac
- LocationMaritime City, Dubai
- Estimated completionQ1 / 2028
- Anticipated service fees (per sqft)AED 18.00 - 24.00
- Short-term rental allowedYes
- Has appliancesYes
- Building structureG + 6P + 48 + R
[1] Prices are indicative and subject to change
[2] Expected annual gross ROI for long-term rental (excludes any additional costs). This is what you will usually be communicated from others. The number is calculated by dividing the expected annual rental income by the purchase price. We derive the number for the annual rent from publically provided data by the Dubai Land Department.
[3] Expected annual net ROI for long-term rental (includes average expected service charges and 4% DLD fee in additional costs). Numbers based on rental contracts from past 90 days for comparable units in Maritime City. Data is publically provided by the Dubai Land Department and updated daily.
Damac
Established in 2002, DAMAC Properties is a prominent real estate developer in the Middle East, with a successful track record spanning over two decades. The company specializes in premium residential, commercial, and entertainment projects not only in the UAE, but also in countries like Jordan, Saudi Arabia, Qatar, Turkey, Lebanon, and the UK. The company's pioneering efforts began when the Dubai government allowed international investors to own property on freehold rights, sparking DAMAC's mission to position the UAE as a global hub of trade, hospitality, and lifestyle. Notably, the firm earned the "Best Golf Development in the World" title for its DAMAC Hills golf community project, built around the 18-hole Trump International Golf Club, a testament to the UAE's rising stature as a tourist center and foreign investment magnet.
Amenities
2 Swimming Pools
Gym
Spa
Coral reef vacation
Sea restaurant
Beach Cinema
Maritime City
Dubai's Maritime City is an emerging hotspot for investors, swiftly transforming into a bustling hub thanks to a recent surge in project launches. This master-planned community is strategically located in the heart of Dubai, surrounded by water and offering stunning skyline views. It's poised to become a luxurious maritime haven complete with yacht clubs, marinas, and water sports facilities. The area is a blend of state-of-the-art infrastructure and natural beauty, offering residents a tranquil escape from city life with its green spaces. From modern, sustainable architecture to a planned yacht harbor, Maritime City presents a unique opportunity for early investment before it becomes the city's next big thing. Don't miss this rare chance to invest in a rapidly developing, strategically located waterfront community.
Distances
Gallery
Payment Plan payment plan | ||
|---|---|---|
| 20% Down payment | On booking | |
| 4% installment | 3 months after reservation | |
| 4% installment | 6 months after reservation | |
| 4% installment | 9 months after reservation | |
| 4% installment | 12 months after reservation | |
| 3% installment | 15 months after reservation | |
| 3% installment | 18 months after reservation | |
| 3% installment | 21 months after reservation | |
| 3% installment | 24 months after reservation | |
| 2% installment | 27 months after reservation | |
| 2% installment | 30 months after reservation | |
| 2% installment | 33 months after reservation | |
| 2% installment | 36 months after reservation | |
| 2% installment | 39 months after reservation | |
| 2% installment | 42 months after reservation | |
| 2% installment | 45 months after reservation | |
| 2% installment | 48 months after reservation | |
| 2% installment | On 70% of completion | |
| 2% installment | On 80% of completion | |
| 2% installment | On 90% of completion | |
| 30% Final installment | On handover | |
Additionally a 4% registration fee to the Dubai Land Department is due at the time of booking.
Represented by
Maxim Zubarev
Property specialistI find and exploit market gaps in Dubai's real estate.
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