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Property for Investment in Coral Reef, Dubai - InvestmentInDubai.ae

Home Projects Coral Reef

Coral Reef

About Coral Reef

Status

Under construction

Deadline

Q1 2028

Developer

DAMAC Properties

District

Dubai Maritime City

Squares

from 236 sq. ft.

Price

from $ 463 400

Coral Reef

Located within the Dubai Maritime City area, the unique luxury residential complex, known as Coral Reef, offers future residents a range of advantages. This property comprises a towering 36-story building, providing buyers with a choice among 1 to 3 bedroom apartment options. The standout feature of this project is its original interior design which embodies a maritime concept. The apartment interiors are curated in collaboration with the renowned French artist Vincent Fodemer, who skillfully incorporates the theme of coral reefs.

The primary developer behind the residential complex is DAMAC Properties. The project is set to be completed in the first half of 2028. Buyers have the opportunity to select apartment sizes ranging from 72 to 169 square meters. Notably, each property’s balcony offers stunning views of the Arabian Gulf and tropical gardens.

When deciding to purchase an apartment in Coral Reef, every prospective owner can become a real estate investor, gaining either a two-year or ten-year visa in return. In the former case, this is possible with a real estate payment starting from AED 750,000 (approximately 204,000 dollars), and in the latter case, from AED 2 million (approximately 545,000 dollars). Both the Gold and two-year visas apply not only to the buyer but also to all family members. Moreover, the investor status permits bringing relatives and even household staff to the Emirates.

It’s worth mentioning the return on investment percentage when acquiring apartments in Coral Reef, which currently stands at around 4.8%. If one wishes to rent out the property, an estimated income of at least AED 85,000 (approximately 23,000 dollars) can be expected. Purchasing an apartment in this residential complex presents excellent potential for future income growth, given the thriving development of this area, indicating a gradual increase in property value.

Layouts:
Apartments

Payment plan

first installment

20%

under construction

50%

on key handover

30%

Advantages

The main feature of living in the Coral Reef residential complex is its high level of comfort and access to numerous interesting locations. The most notable advantages include:

Cozy beach area where outdoor cinema is available
Infinity pool
Fitness and workout room
Pool with a fresco
Two relaxation zones, with one offering a beautiful view of the surrounding nature, and the other embracing the maritime theme
Concierge services.

Pool
Sports Hall
Children playground
Barbecue area
24/7 security
Covered parking
Cafes and restaurants

Layout

Gallery

Location

In immediate proximity to the residential complex, you’ll find the major arterial road, Sheikh Zayed Road. Its presence, along with excellent transportation connectivity, ensures that traveling to any corner of the Emirates is both swift and comfortable. For instance, reaching the Dubai International Airport, the central area of Downtown Dubai, or the business hub of Business Bay, would take just 20 minutes by car. Within a quarter of an hour, you can also reach other highly sought-after infrastructure destinations: