Coral Reef
Dubai Maritime City, Dubai
Sold Out

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.

  • Location
  • Developer
  • Property type
    Apartments
  • Number of bedrooms
    1-3
  • Area from
  • Handover
    Q3 2028
  • Payment Plan
    On Request
  • Number of units
    279

No units left with the developer — but we have options

The developer is sold out while the towers are under construction. We can look for a resale or assignment here, or match you to a comparable project still selling. Leave your details and an advisor will come back to you.

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    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.

    • Infinity Pool icon

      Infinity Pool

    • Gym icon

      Gym

    • Panoramic Views icon

      Panoramic Views

    • Concierge Service icon

      Concierge Service

    • Lounge icon

      Lounge

    • Cinema icon

      Cinema

    Get professional property guidance

    Leave your details, and an advisor will help you choose the right property and navigate the purchase process.

      Thank you for your interest!

      We’ve sent you a confirmation email and will be in touch soon.

      Metropolitan Premium Properties

      Real Estate team

      I’ll guide you step by step so you can make a confident property decision.

      Dubai 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.

      Click a pin to see route and travel time

      Explore the Area

      Explore all future developments around this property

      FAQ

      • Who is the developer of Coral Reef?

        Coral Reef is developed by DAMAC Properties, an award-winning luxury real estate developer.

      • 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.

      • What types of properties are available in the project?

        The project offers 1-3 bedroom apartments.

      • When will the construction of Coral Reef be completed?

        The project is scheduled for completion in Q3 2028.

      • 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.

      • How much do apartments in Coral Reef cost?

        At the time of launch, the starting property price was AED 2.16M (USD 590K).

      • 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.

      • 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

      • 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.

      • 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.

      • 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.

      • 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.

      More about us
      About Metropolitan Premium Properties
      • 18+

        years of experience

      • 7000+

        listings in the database

      • 120+

        industry awards

      • 500+

        agents across all offices

      More about us

      Our Services

      01

      Property Management

      Full property management — from valuation and tenant sourcing to payment control and legal support.

      • Tenant selection and screening
      • EJARI registration and lease renewals
      • Handling technical and legal matters
      Learn more
      02

      Consulting

      Comprehensive corporate and legal support in the UAE — from company registration and bank account opening to visa processing, inheritance and notary services.

      • Company formation and licensing
      • Bank account opening
      • Property gifting & wills
      Learn more
      03

      Escrow and Conveyancing

      Escrow and conveyancing services — full due diligence of the property and parties, payment calculations, coordination with DLD, banks and developers, secure fund transfer and title deed registration.

      • Off-plan and secondary properties
      • Cash and mortgage transactions
      • Remote execution via Power of Attorney
      Learn more
      04

      Property Handover

      Property handover assistance — organizing the handover procedure, verifying property readiness and collecting all required documentation from the developer or seller.

      • Document and property verification
      • Utility connections
      • Collection of handover documents and warranties
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      05

      Snagging Inspection

      Professional snagging inspection before handover — identification of construction defects and supervision of rectification within the warranty period.

      • Inspection of engineering systems
      • Quality control
      • Negotiation with the developer
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      06

      Mortgage Assistance

      Full mortgage assistance in the UAE — from selecting the optimal program and obtaining pre-approval to bank coordination and transaction completion.

      • Ready property mortgages
      • Off-plan financing
      • Sharia-compliant programs
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      07

      Interior Design

      Comprehensive interior design and furnishing services — from concept and 3D visualization to furniture selection, procurement and full project supervision.

      • Design project
      • Author supervision
      • Furnishing
      Learn more
      08

      Residence Visas

      Complete support with all types of residency visas — from document preparation and medical tests to obtaining the Emirates ID.

      • Property Investor Visa
      • Golden Visa
      • Family Visa
      Learn more

      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

      4.6

      Star
      Metropolitan staff Desire Epangue showed exceptional attention and high quality services in a consistent and proactive manner
      Two months ago, I contacted the Metropolitan Premium Properties group through one of their real estate investment experts, Desire Epangue, regarding the acquisition of a studio apartment in GVC. It wasn't just the project itself, with its favorable tax treatment, that impressed me; it...
      Mahnaz Enayati was very helpful with market information and advice
      Every thing was very smooth Muhammad Dawood Ahmed is a trust worthy agent. The company helped with things that are not directly related to the sale. They really went above and beyond. I highly recommend them
      Our experience purchasing a property in Dubai through Metropolitan was not always easy, and we faced quite a few challenges along the way. What made a real difference for us was having **Mahnaz Enayati** by our side throughout the entire process. Mahnaz was always available, followed...
      I had a great experience with Mahnaz Enayati, she is a great professional, very knowledgeable and always offers great market insights. I’d highly recommend her at Metropolitan.
      We are very happy with our listing, Mahnaz is very good agent.
      I sold my unit in Falcon Island through Raghu from Metropolitan. He was extremely professional, responsive, and handled the entire process smoothly from start to finish. Very happy with his service and would highly recommend Raghu!
      Mr Raghu Nair is an extremely professional person. The company is lucky to have him. He is a great asset. He is persistent with his dealings and has always given an exceptional service. He takes full responsibility in taking care of the client. He made us so comfortable and confident ...
      It was a great experience.... they're very helpful in mostly every project that we worked on. The team they created has a great knowledge of many issues and challenges in Dubai.
      I had a great experience working with Mr Raghu throughout the apartment search. He was professional, transparent and responsive at every stage of the process. He patiently answered all my questions, coordinated everything efficiently and make the entire renting experience stress free....
      I had an excellent experience working with Raghu during my search for a property in Dubai. From the very beginning, he was professional, friendly, and a pleasure to work with. He even came to my hotel to pick me up and spent considerable time taking me to visit a number of different ...
      I had a really great experience with the purchase of two apartments as well as renting out especially with Maria Fuset who is extremely helpful and very communicative!!
      It is indeed very good
      We cannot recommend Vian highly enough! From the very beginning, she went above and beyond to make our dream of finding the perfect home a reality. Thanks to her dedication, we found our ideal home in Arabian Ranches. What truly sets Vian apart is that her support didn't stop once we...