Compliance & specs
DLD-verifiableSemi-furnishedFully equipped kitchen with appliances. Living, dining, and bedrooms are bare.
About
Project general facts
DAMAC Coral Reef is an exciting residential endeavor in Dubai Maritime City, made possible through a collaboration with renowned sculpture artist Vincent Faudemer, a top art seller in France. Among the array of units available are 1–3 bedroom apartments that present captivating views of the sea and tropical gardens. This project not only offers stunning living spaces but also showcases unique interior design elements, including the incorporation of the famous cartoon character elephant, Babolex.
Residents of DAMAC Coral Reef will be treated to an abundance of entertainment and leisure options right within the premises. These include infinity pools, a stunning lobby with concierge services, and a well-equipped gymnasium. The waterfront location ensures breathtaking views and a soothing ambience that perfectly blends luxury and comfort.
This high-rise tower within Dubai Maritime City is a true manifestation of opulence meeting convenience. It presents an exceptional collection of exclusive waterfront amenities, including inviting beach areas, alluring tropical gardens, and captivating waterfront vistas. Every inch of DAMAC Coral Reef has been meticulously designed to cater to the needs of its residents, showcasing a devotion to detail that ensures a comfortable and convenient lifestyle.
The development not only promises world-class amenities but also boasts an interior meticulously designed. This collaboration elevates luxury living to unparalleled heights, creating an address that stands as a testament to artistry and refinement. DAMAC Coral Reef is more than a residence; it's a masterpiece that offers an exceptional living experience in the heart of Dubai, where art, comfort, and luxury converge seamlessly.
Finishing and materials
Living and Dining:
• Porcelain tiled floors
• Painted walls
Bedroom:
• Porcelain tiled floor.
• Painted walls
• Built in wardrobe
Bathroom Features:
• Porcelain tiles flooring
• Porcelain vanity top in all the bathroom
• Shower Enclosure
• Standard sanitary ware, fittings, and accessories
• Mirror in all the bathroom
Kitchen and appliances
• Kitchen fitted with cabinet and stone countertop.
• Kitchen appliances - Refrigerator, cooker, Kitchen hood
• Porcelain tiled flooring
• Painted Walls
• Stainless Steel sink with fittings
Location description and benefits
DAMAC Coral Reef is surrounded by popular entertainment and leisure spots, making it perfect for explorers and fun-seekers. Within a 10-15 minute drive, you can visit attractions like Etihad Museum, Museum of the Future, Zabeel Park with Dubai Frame, La Mer Beach, and City Centre Al Shindagha, catering to various family experiences.
For families with children, DAMAC Coral Reef provides easy access to esteemed educational institutions within a 10-15 minute drive, including New Academy School, Dubai Gem Private School, and more, ensuring quality education for your children.
Healthcare needs are well-catered to, with access to top medical facilities like Liverpool Medical Clinic, Aster Clinic - Ghubaiba, Falcon Medical Clinic, and New Dubai Clinic, offering a range of services for residents of DAMAC Coral Reef.
DAMAC Coral Reef offers a luxurious and convenient lifestyle in Dubai. Its strategic location, access to amenities, and promising investment potential combine to offer a remarkable living experience.
Floor plans
Payment PlanInterest-free during construction
- 1.20%
On booking
- 2.50%
During construction
- 3.30%
Upon Handover (Mar 2028)
Calculate your payments
Pick a unit type or enter a custom price. We'll spread it across the plan's phases in AED + your selected currency, with plain-English timing labels. Download as a spreadsheet for your records.
| # | When | Step | % | Amount (AED) | Amount (USD) | Cumulative (USD) |
|---|---|---|---|---|---|---|
| 1 | Upon booking | Reservation | 20% | 200,000 | 54,460 | 54,460 |
| 2 | Between booking and Mar 2028 | During construction | 50% | 500,000 | 136,150 | 190,610 |
| 3 | Mar 2028 | Upon Handover (Mar 2028) | 30% | 300,000 | 81,690 | 272,300 |
| Total | 100% | AED 1,000,000 | USD 272,300 | |||
Cash-flow shape: 70% during the construction period (20% upon booking, 50% across milestones), 30% at handover (Mar 2028).
0% interest during construction — no APR, no compounding.
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Amenities
6 features
Location
25.26702, 55.27109
Nearby
- New Academy School4.7 km
- La mer beach7 km
- Dubai Museum6.6 km
- Downtown Dubai11.8 km
- City Centre Al Shindagha Mall6.3 km
About Maritime City
The project was launched in 2004 and work began on reclaiming the land to create the peninsula. From 2009 to 2011 the project was put on hold as a result of the global financial crisis, but work resumed in 2012. A year later Damac Properties announced plans to transform a plot of land on the seafront at Dubai Maritime City into a high-rise luxury tower of serviced hotel residences. In 2014 Deyaar announced plans to build a new beachfront project in Dubai Maritime City, and in 2015 Omniyat broke
Explore Maritime CityAbout DAMAC
DAMAC Properties is part of DAMAC Group that has been shaping the Middle East's luxury real estate market since 1982, delivering iconic residential, commercial and leisure properties across the region and beyond. Since the early days of DAMAC Properties, the organisation has continually received recognition and accolades for its contribution to the real estate development sector. Having now received over 100 global awards and commendations, for everything from high-rise architecture and interior design to excellence in hospitality and international golf course communities, DAMAC only goes from strength to strength. DAMAC Properties has grown to become one of the world’s foremost luxury developers, with projects spanning the GCC, Levant, Middle East, United States and United Kingdom.
Building details
1, 2 & 3 bedroom apartments
Parking allocation
| Unit type | Bedrooms | Spaces |
|---|---|---|
| Apartment | 3 | 2 |
| Apartment | 2 | 1 |
| Apartment | 1 | 1 |
Marketing brochure
Why Dubai off-plan
The macro case for buying off-plan in Dubai
These six pillars apply to every project on this site — not just this one. If you're new to the UAE market, they're the context you need before evaluating the specific unit above.
0% interest, ever
Off-plan payment plans are interest-free, end to end. Every instalment is at face value — no APR, no compounding, no balloon hidden in the back. Buyers from interest-bearing markets routinely underestimate how much this saves over a 3–5 year hold.
No income or capital-gains tax on property
Dubai charges no annual property tax, no income tax on rental yield, and no capital-gains tax on resale. The DLD 4% transfer fee is a one-time cost at registration — after that, your returns are yours.
20% usually opens the unit
Most off-plan plans book with a ~20% reservation deposit. You're under contract with the developer immediately, with the rest spread across construction milestones. The deposit is what unlocks the buy-side, not the full unit price.
Post-handover plans extend the runway
Many projects offer 2–4 years of post-handover instalments — meaning a chunk of the price gets paid AFTER you take keys. Once the unit is rented, that income can help cover the post-handover payments — rarely the full instalment, but enough to make the cash-flow comfortable rather than tight.
Golden Visa from AED 2M
A property purchase of AED 2M+ qualifies the buyer (and family) for the UAE Golden Visa — a 10-year renewable residency. The visa is the headline benefit; for many international buyers it's the actual reason to buy in Dubai.
Freehold ownership for foreigners
Across the 80+ freehold zones (Dubai Marina, Downtown, Palm Jumeirah, Business Bay, JVC, Dubai Hills, and the rest), foreigners own 100% of the asset and the land. There's no Emirati partner requirement, no lease structure — title deed in your name.
Price
Price on request
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