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
Price from
AED 1.66M
entry price
Bedrooms
1BR-3BR
Apartments
Handover
Q1 2028
Off-Plan
Est. gross yield
On ask

Coral Reef is an apartment development by DAMAC Properties in Dubai Maritime City, Dubai. The project offers 1BR to 3BR homes. Unit sizes run from 776 to 1,170 sqft. Launch pricing starts at AED 1,657,000. The published payment plan is 70/30: 20 percent on booking, 50 percent during construction, 30 percent on handover. Handover is scheduled for Q1 2028. Amenities include gym or health club, swimming pool, kids play area. Dubai is freehold for all nationalities, with no annual property tax, and a purchase at AED 2 million or above supports a ten year Golden Visa.

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 Spotted something out of date?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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