Coral Residence
About the project
(sq. ft.)
Coral Residence is an eight-storey residential complex located in the central part of Dubai Silicon Oasis. Developed by Deyaar, the project features 145 residential units that are available to buy and rent.
The complex provides a variety of amenities and services, including:
- High-speed elevators
- 24-hour security services and video surveillance
- Gym
- Swimming pool
- Jacuzzi, sauna, and steam bath
- Lounge area on the terrace level
- Barbecue area
- Event space
- Children’s playground and pool
- Information services on the first floor
- Technical services
- Central air conditioning
- Fire alarm system and fire extinguishing system
- Parking on the ground floor
- Pet-friendly accommodations
Properties include one- to three-bedroom apartments that vary in configuration, and units range in size from 770 sq. ft. to 1,543 sq. ft.
One-bedroom apartments cost approximately AED 550,000 (USD 152,000), and three-bedroom apartments have a maximum price of approximately AED 930,000 (USD 257,000).
*The price is valid for 2021
Property Information
- Location Dubai Silicon Oasis, Dubai, UAE
- Developer Deyaar
- Status of Project Ready
- Type of Project Residential Building
- Units 1-3BR
- Area from 770 sq. ft.
- Total Amount of Units 145
Location
Coral Residence is located in an up-and-coming part of Dubai. The complex is situated near one of the city’s main highways, which provides easy access to other parts of the emirate. The nearest bus stops, Arch Building, Al Waha Masjid, and Avenue Mall 1, can be reached within a three-minute walk of the apartments, and cab services can be found throughout the neighbourhood.
There are several social and leisure facilities located within a 10-minute walk of the building, including:
- Spring Green Park and TimePlus Supermarket
- Life Pharmacy
- Grills & More Restaurant
- Carrefour Market
- DSO Masjid Mosque
- Russo’s New York Pizzeria
- Shakespeare and Co. Cafe
Additional facilities are situated within a 15-minute drive of the complex, including:
- RAKBANK
- Silicon Centre Supermarket
- Jazeel Restaurant
- Pet Clinic
- LuLu Hypermarket
- British Orchard Nursery
- North Park and Liwan Lake Park
- Kent College Dubai
Payback
One-bedroom apartments in Dubai Silicon Oasis have a return on investment rate of 7.5%. Properties can be purchased to subsequently rent out on a long-term basis, which can generate a passive income.
Tenants and investors are attracted to Coral Residences because of its convenient location within a community that has a well-developed infrastructure. The building features well-designed accommodations and all of the necessary amenities to ensure a comfortable living environment.
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Metropolitan Premium Properties
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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