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DAMAC Properties · Dubai Maritime City
Coral Reef
Coral Reef is a 48-storey DAMAC tower in Dubai Maritime City, one- to three-bedroom apartments from about AED 1.6M, handover Q1 2028.
Starting price
AED 1.6M
Handover
Q1 2028
Status
Under construction
Payment plan
70/30
About MRKYour advisor
MRK Real Estate Brokers
MRK Real Estate Brokers was founded with a clear mission: to provide premium, transparent and results-driven real estate services across Dubai. We combine deep market expertise with genuine care for every client.
Whether you are a first-time buyer, a seasoned investor, a tenant seeking the perfect home or a landlord looking for professional property management, our dedicated team is here to deliver exceptional results.
Licensed by the Dubai Real Estate Regulatory Agency (RERA), we operate with the highest standards of professionalism and integrity, with a portfolio spanning Dubai’s most prestigious communities.
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The projectDubai Maritime City
Coral Reef
Coral Reef is a 48-storey residential tower by DAMAC Properties in Dubai Maritime City with around 279 one- to three-bedroom apartments overlooking the sea.
Entry pricing is quoted between AED 1.6M and AED 1.8M on a 70/30 plan with 20% at booking.
Handover is targeted for Q1 2028 (March 2028), with one broker citing Q3 2028.
Key facts
| Developer | DAMAC Properties |
| Community | Dubai Maritime City |
| Status | Under construction |
| Handover | Q1 2028 |
| Starting price | AED 1.6M |
| Total units | 279 |
| Unit types | 1 Bedroom, 2 Bedroom, 3 Bedroom |
| Payment plan | 70/30 |
| Ownership | Freehold — open to all nationalities |
Why Coral Reef
InvestmentPricing & payment
Investment overview
Pricing by configuration
| 1 Bedroom | from AED 1.7M |
| 2 Bedroom | from AED 2.5M |
Unit types
1 Bedroom · 2 Bedroom · 3 Bedroom
Payment plan
70/30 — 20% on booking, 50% during construction, 30% on handover
Worked example
On AED 1.6M
| 20% · Booking | AED 320K |
| 50% · Construction | AED 800K |
| 30% · Handover | AED 480K |
| DLD fee (4%) | AED 64K |
Units of AED 2M or more qualify for the 10-year UAE Golden Visa (subject to ICP rules).
Arrange your private consultation
Secure your residence at Coral Reef
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MRK Real Estate Brokers · RERA ORN 17024. This presentation is prepared by MRK for marketing purposes from published sources and is subject to change without notice. Images © DAMAC Properties; MRK watermark applied. Prices, payment plans, specifications and handover dates must be confirmed with MRK before purchase. This document does not constitute an offer or contract.