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Dubai Maritime City , Dubai
Coral Reef
Coral Reef is a luxury residential development with 1–3 bedroom apartments in Dubai Maritime City. The master developer of the complex is DAMAC Properties.
Launch Price
2.16m
Handover
Q3 2028
Number of Units
279
Project Overview
Coral Reef is a luxury residential development with 1–3 bedroom apartments in Dubai Maritime City. The master developer of the complex is DAMAC Properties. The interior of the residences will be inspired by coral reefs. The 36-storey tower is being designed in partnership with Vincent Faudemer, a well-known artist from France. The size of the properties ranges from 776 sq. ft to 1,815 sq. ft. You will be able to enjoy wonderful views of the Arabian Gulf and tropical gardens from your balcony. The project will be equipped with multiple unrivalled amenities for all ages.
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Location
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Developer
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Property typeApartments
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Number of bedrooms1-3
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Area from
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HandoverQ3 2028
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Payment PlanOn Request
Coral Reef
Photo
Video
Floor Plans
Amenities
These are just a few of the amenities available in this residence. To receive the full list of features and detailed information, please contact our agent — we will tailor the best option for your needs.
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Infinity Pool
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Gym
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Panoramic Views
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Concierge Service
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Lounge
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Cinema
Amenities
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Infinity Pool
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Gym
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Panoramic Views
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Concierge Service
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Lounge
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Cinema
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Metropolitan Premium Properties
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Location
Explore the AreaDubai Maritime City , Dubai
Dubai Maritime City will offer a unique waterfront living experience with easy access to the city’s key areas. Residents will enjoy proximity to Sheikh Zayed Road, Dubai’s central artery, allowing for quick commutes to Downtown Dubai, Business Bay, and Dubai International Airport, all within 20 minutes. The location will combine the serenity of waterfront living with the convenience of urban amenities.
Other Projects in Dubai Maritime City
About the Developer
DAMAC
DAMAC Properties has been constructing significant real estate projects in the Middle East for over 20 years. In addition, the developer operates in Saudi Arabia, Jordan, Lebanon, Qatar, Turkey and the United Kingdom.
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203
Completed projects
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2002
Year of foundation
Other Projects by DAMAC
FAQ
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Who is the developer of Coral Reef?
Coral Reef is developed by DAMAC Properties, an award-winning luxury real estate developer.
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Where is Coral Reef located?
The project is located in Dubai Maritime City, situated between Port Rashid, a global cruise ship destination, and Dubai Dry Docks, boasting the largest dry dock infrastructure in the Middle East.
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What types of properties are available in the project?
The project offers 1-3 bedroom apartments.
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When will the construction of Coral Reef be completed?
The project is scheduled for completion in Q3 2028.
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What payment plans are available to property buyers in Coral Reef?
The developer offers a convenient 70/30 payment plan, which includes a 20% down payment.
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How much do apartments in Coral Reef cost?
At the time of launch, the starting property price was AED 2.16M (USD 590K).
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Can I obtain residency status if I buy property in Coral Reef?
Yes, purchasing property in this project qualifies buyers for residency status in Dubai.
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What visa can I get if I buy property here?
Buyers can obtain a 2-year UAE residency visa when investing in properties worth over AED 750K (USD 204K). Investing AED 2M (USD 545K) or more qualifies buyers to apply for a 10-year Golden Visa, which allows them to sponsor their spouse, children, and domestic staff
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Can a foreigner buy property in Coral Reef?
Yes, this project offers freehold property ownership to foreign investors and residents, aligning with Dubai's welcoming approach to international property investment.
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Are apartments in Coral Reef a good investment?
Yes. As of Q2 2025, the average rental yield for apartments in Dubai Maritime City is 5-6% with projections indicating the ROI exceeding 7% rapidly. The proximity of a free economic zone with over 280 companies and a booming tourism sector arriving at nearby Port Rashid, ensures strong and consistent demand, robust rental profitability and promising capital appreciation.
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Will Coral Reef be a good place to live in Dubai?
Absolutely. Coral Reef promises an exceptional waterfront lifestyle, combining distinctive residences, premium amenities, and stunning views with the exclusive privilege of direct access to the vibrant waterfront promenade.
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What are the benefits of living in Dubai Maritime City?
Living in Dubai Maritime City (DMC) offers a uniquely appealing lifestyle, primarily due to its strategic waterfront location that provides captivating sea and city views. This prime position also ensures excellent connectivity to major urban hubs like Downtown Dubai and the airport. With easy access to essential services including schools, premium shopping, restaurants, and public transport, residents enjoy a high quality of life and the promise of future growth as exciting development in the area continues.
About Metropolitan Premium Properties
Metropolitan Premium Properties is a RERA-licensed real estate brokerage in Dubai (ORN 11899), part of the Metropolitan Group established in 2008. The agency has 1,000+ professionals across offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, and covers residential and commercial sales, off-plan investments, rentals, and property management. The company has closed 6,000+ transactions totalling over AED 15 billion in investments and holds 120+ industry awards.
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120,000+
satisfied clients
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15 Years
of market expertise
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6000+
closings on properties
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AED 15 B+
in successful luxury investments
Our Achievements
1st place
Arada Broker Awards 2025
2nd place
One Broker Group 2024
1st place
The Black Onyx Awards 2024
2nd place
Omniyat Broker Awards 2024
3rd place
Alhamra Top Broker of the Year 2023
1st place
TAG Top Partner 2023
3rd place
DAMAC Broker Awards 2023
3rd place
IRTH Broker Awards Q3 2024
What Clients Say About Us
Neda Motamedi
January 30, 2026
In 2025, I purchased two units from this project through Ms. Mahnaz Enayati. I am extremely satisfied with my investment and overall experience. Throughout the entire process, Ms. Enayati provided exceptional support with remarkable patience, professionalism, and insight. She carefull...
Parmiss Hejazian
January 30, 2026
We purchased our house in 2025 through this company, and our experience was truly excellent.
Mahnaz Enayati was incredibly professional, supportive, and trustworthy throughout the entire process. She guided us step by step, answered all our questions patiently, and made everything smo...
Azeem Muhammad
January 28, 2026
I worked with Himabindu Jumjur from Metropolitan Properties on a valuation assignment and had a great experience. She is knowledgeable, professional, and very easy to work with. She was also kind and cooperative throughout the process. I’d be happy to work with her again.
Dieter Knechtel
January 15, 2026
Absolutely great working with Miss Carys Naylor. She is professional, engaged, and very transparent. She provides constant feedback on progress and is truly results-oriented. Highly recommended.
Fahad Mohammad
January 15, 2026
It is a pleasure working with Carys on finding our first investment in Dubai. Good knowledge and understanding of areas, been really helpful in making the decision
Saolo Elkhoury
January 15, 2026
Carys was an absolute pleasure to work with. Professional, knowledgeable, and genuinely cared about finding the right place for me. She went above and beyond at every step. Grateful to have had her as my agent !
Chris Randall
January 14, 2026
Faisal from Metropolitan was incredibly helpful in our property search, very responsive to our queries, listening to what we were interested in and very professional in his overall approach. We will certainly use him again when we next look for property.
Amanda Line
January 14, 2026
I just love Carys. I have worked with so many agents in Dubai over the last 20 years and she really is exceptional. The level of service she gives is second to none and she is absolutely lovely with it. Top marks Carys!
Juliette Buhareva
January 11, 2026
Отличный риелтор в Дубае, искренне рекомендую Татьяну Гаджикурбанову.
Татьяна - очень квалифицированный специалист, отлично ориентируется в рынке недвижимости ОАЭ и предоставляет действительно много полезной и подробной информации. Она детально объясняет все нюансы, связанные с потенц...
Luiza Valieva
January 11, 2026
A few months ago, I met a real estate agent, Tatyana Gadzhikurbanova.
From the very first contact, Tatyana proved herself to be extremely communicative and responsible. My email was responded to almost immediately, and she immediately offered convenient communication methods—email, in...
Jennifer Wentworth
January 10, 2026
Carys was outstanding from start to finish. We were buying our first property in Dubai and had a million questions — she handled everything with so much patience and clarity. She really listened to what we wanted and didn’t waste our time with unsuitable options. The process felt smoo...
Lucy Byrne
January 10, 2026
Carys was a pleasure to connect with, she was very professional and fun to work with. She valued, hosted a photoshoot, marketed and rented my apartments all within 2 weeks.
Highly recommended to all my family and friends.
Paul Stephenson
January 9, 2026
Cary’s Naylor offers outstanding service and is my go to person for investment and property advice. A legue above !
Cornell Campbell
January 8, 2026
A breath of fresh air, making our ambitions possible. Working with Carys Naylor. Personable, emphatic and professional to a tee. I’d highly recommend working with Cary’s and being in capable hands you can trust her to expose you to the right options with a well considered solution. Th...
Kenneth Whitelaw-Jones
January 8, 2026
I had a superb experience with Carys Naylor from MPP. Carys located an excellent property in Dubai for me. She was quick, efficient, responsive and super friendly and helpful. She was very supportive in helping me navigate the whole process. Can't recommend highly enough.
Coral Reef
New Launch in Dubai Maritime City by DAMAC Explore premium Apartments starting from 1-3 bedrooms Positioned in the vibrant Dubai Maritime City area, where the launch price averages 1.66m
This project offers a perfect balance of luxury and value Move-in ready by Q3 2028
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We’ve sent you a confirmation email and will be in touch soon.
Consultation
Jamie Lane
Real Estate agent
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Floor plans
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Presentation
The PDF File: 12.63 Mb
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All features, floor plans, renders, and specifications — in one complete brochure
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