Reemah Elite Real Estate
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Projects·Dubai·Dubai Maritime City
Coral Reef, apartments in Dubai Maritime City, Dubai, by DAMAC Properties
Off-PlanApartments

Coral Reef

Dubai Maritime City · Dubai · by DAMAC Properties
Details are indicative, confirm with our desk before transacting
5 photos of Coral Reef. Renders and photography supplied by DAMAC Properties.
Price from
AED 1.66M
entry price
Bedrooms
1BR-3BR
Apartments
Handover
Q1 2028
Off-Plan
Est. gross yield
On ask

DAMAC Properties is building Coral Reef, an apartment project in Dubai Maritime City, Dubai, offering 1BR-3BR. At AED 1,657,000 it is the seventh lowest entry of the 28 priced Dubai Maritime City projects we track, under the Dubai Maritime City median of AED 2,370,000. The 70/30 plan opens at 20 percent, AED 331,400, and with the 4 percent Dubai Land Department transfer fee of AED 66,280 the cash to begin is AED 397,680 before registration charges. The keys are due Q1 2028, roughly 18 months away, by which point AED 1,159,900 of the AED 1,657,000 will have fallen due. 33 units were on the market between AED 1,600,000 and AED 4,283,000, counted in September 2026.

Why it makes the list
  • Launch price from AED 1,657,000
  • 70/30 payment plan
  • Handover Q1 2028
  • 1BR-3BR homes
Payment structure
70/30
Modelled on entry price AED 1.66M
Booking / down payment20% · AED 331,400
During construction50% · AED 828,500
On handover30% · AED 497,100

Payment plan as published on the developer's project listing, captured 2026-09-16. Confirmed with our desk before reservation. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.

Cost to entry
What it takes to secure a unit at Coral Reef: the down payment plus government and trustee costs, before the mortgage question.
Down payment20%
AED 331,400
DLD fee4%
AED 66,280
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 402,180
Down payment 20% + DLD 4% + trustee. Indicative, not financial advice.
Location
Dubai Maritime City · Dubai
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DA
Developer
DAMAC Properties
Tier 1 developer · 43,000+ units delivered across the Middle East · since 2002
Track record →
Data provenance

Details for Coral Reef are compiled from the developer’s published project listing, captured 16 September 2026. Figures are indicative and are reconfirmed against DAMAC Properties’s current inventory before any reservation. Spotted something out of date? Tell us and we will check it against the source.

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