Coral Reef

Coral Reef by DAMAC Properties is an exclusive off-plan residential development located in the heart of Dubai Maritime City, one of Dubai's most vibrant and emerging coastal communities. This meticulously designed project offers luxury living with a blend of contemporary architecture and serene waterfront views. Perfectly positioned between Dubai’s iconic skyline and the Arabian Gulf, Coral Reef is set to redefine urban living for those seeking sophistication, tranquillity, and convenience.

This development offers a range of premium apartments catering to different lifestyle needs, making it ideal for both investors and homebuyers. DAMAC Properties has introduced an appealing 70/30 payment plan, offering flexibility and ease, with 70% of the payment spread over the construction period and the remaining 30% due upon completion.

Scheduled for completion in Q1 2028, Coral Reef promises a lifestyle that embodies both luxury and connectivity. Its location in Dubai Maritime City ensures seamless access to major commercial hubs, leisure destinations, and world-class amenities. Residents will be surrounded by lush green spaces, scenic promenades, and high-end facilities that add value to this premium waterfront development.

By combining high-end residential options with DAMAC’s signature attention to detail, Coral Reef is set to become a new icon on Dubai's coastline, offering an unmatched living experience with panoramic views and unparalleled connectivity.

• Developer: DAMAC Properties
• Location: Dubai Maritime City, Dubai
• Property Type: Apartments
• Starting Price: AED 1.66M
• Payment Plan: 70/30
• Estimated Completion Date: Q1 2028

Project Units

Coral Reef features 280 luxurious units, including 1, 2, and 3-bedroom apartments. The spacious layouts range from 776 to 1,170 square feet, providing ample room for modern living. With 35 floors, residents can enjoy stunning views of the vibrant Dubai Maritime City.

Number of Units: 280

Unit Types: 1-bedroom, 2-bedroom, 3-bedroom apartments 

Unit Sizes:

• 1-bedroom apartment: 776 sq. ft.
• 2-bedroom apartment: NA
• 3-bedroom apartment: 1,170 sq. ft.

Number of Floors: 35 (B + G + 5 podium + 29 residential floors + roof)

Pricing & Payment Plans

The development features a flexible payment plan of 70/30, allowing potential buyers to secure their dream home with ease. This arrangement caters to both first-time buyers and seasoned investors, facilitating a seamless transition from purchase to possession.

Starting Price

• 1-bedroom apartment from 1.7M
• 2-bedroom apartment from 2.5M
• 3-bedroom apartment from 3.3M

Payment Plan

Down Payment: 20%

Pre Handover: 50%

• Within 3 months from booking: 4%
• Within 6 months from booking: 4%
• Within 9 months from booking: 4%
• Within 12 months from booking: 4%
• Within 15 months from booking: 3%
• Within 18 months from booking: 3%
• Within 21 months from booking: 3%
• Within 24 months from booking: 3%
• Within 27 months from booking: 2%
• Within 30 months from booking: 2%
• Within 33 months from booking: 2%
• Within 36 months from booking: 2%
• Within 39 months from booking: 2%
• Within 42 months from booking: 2%
• Within 45 months from booking: 2%
• Within 48 months from booking: 2%
• At 70% completion of the project: 2%
• At 80% completion of the project: 2%
• At 90% completion of the project: 2%

On Handover: 30%

​​Location Highlights

Neighborhood

Life in Dubai Maritime City offers a unique blend of modern waterfront living and industrial heritage. This area is designed for maritime commerce and luxurious residential developments, making it a prime destination for residents who enjoy a coastal lifestyle. The community provides stunning sea views, serene waterfront promenades, and easy access to Dubai's vibrant city life. With a mix of residential towers, leisure hubs, and maritime activities, Dubai Maritime City stands out as an innovative and dynamic part of the city, offering a relaxed yet connected living environment.

Nearby Landmarks

• Al Fahidi Historical Neighbourhood: Step into Dubai's rich history with this well-preserved area, offering museums, traditional buildings, and cultural experiences just a short drive away.
• Burj Nahar Historical Site: A significant part of Dubai’s heritage, showcasing the city’s architectural past.
• Dubai Creek: An iconic waterway known for its traditional dhow boats and stunning views of old and new Dubai.
• Dubai Frame: A world-famous landmark offering breathtaking panoramic views of both historic and modern Dubai.

Accessibility

• Sheikh Zayed Road: A major highway providing seamless connectivity to all of Dubai.
• Al Khail Road: A key roadway ensuring fast commutes to various parts of the city.
• Public Transport: Well-connected by buses and close to metro stations, ensuring easy access to Dubai’s main attractions and business hubs.

Nearby Amenities

• Educational Institutions: Top-rated schools such as New Academy School and Ambassador School are nearby, offering excellent education options for families.
• Healthcare Facilities: Residents can access top medical care at Dubai Healthcare City and Oxford Medical Center Dubai, both renowned for their advanced healthcare services.
• Shopping and Dining: Retail therapy awaits at Mercato Shopping Mall and BurJuman Mall, two prominent malls offering a mix of luxury and affordable options, along with dining and entertainment.
• Parks and Recreation: Enjoy the outdoors at Wasl Community Park and Al Mankhool Park, perfect for family outings, jogging, and relaxation.

Features and Amenities

Building Features

• Architectural Design: Coral Reef boasts a sleek and modern architectural design that maximises its prime waterfront location, offering breathtaking views of the Arabian Gulf.
• Sustainable Construction: The building is constructed using eco-friendly materials and energy-efficient technologies, ensuring minimal environmental impact.
• High-Rise Elevation: With its impressive height, Coral Reef provides unobstructed views of both the city skyline and the surrounding ocean, offering residents a visually stunning living experience.

Interior Features

• Premium Finishes: Each unit is outfitted with high-end materials, from marble flooring to polished countertops, ensuring a luxurious and contemporary aesthetic.
• Spacious Layouts: The apartments are designed with open floor plans that allow for natural light to flow throughout the living spaces, creating a bright and airy atmosphere.
• Smart Home Technology: State-of-the-art smart home systems are integrated into each unit, allowing residents to control lighting, temperature, and security through their devices.

Building Amenities

• Infinity Pool: A stunning infinity pool overlooking the marina provides a serene escape and a perfect spot for relaxation.
• Fully Equipped Gym: A state-of-the-art fitness center with the latest equipment offers residents the convenience of maintaining an active lifestyle.
• Spa and Wellness Center: An on-site spa provides luxurious treatments, including massages and wellness therapies, promoting relaxation and rejuvenation.
• Children’s Play Area: A safe and fun space for children to play and socialize, enhancing the family-friendly appeal of the development.
• 24/7 Security: The building is equipped with advanced security systems and staffed by professional personnel, ensuring the safety and peace of mind of all residents.