Coral Reef
Dubai Maritime City , Dubai
AED 1,657,000
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AED 1,657,000
Free Residency Visa
Construction Progress18%
Description
Immerse yourself in the limitless oceanic vistas, unparalleled opulence and a marine sanctuary at Coral Reef. It's an oasis in the centre of Dubai Maritime City, where every residence invokes the splendour of the underwater realm offering a timeless living experience. Vincent Faudemer, known as the "young prodigy of contemporary art," partners with DAMAC to present exclusive Babolex pieces. There are meticulously planned 1, 2 and 3-bedroom apartments in the tower. A few exclusive amenities include a floating cinema, mural pool and inflatable coral labyrinth.
Amenities & Features
Gym or Health Club
Swimming Pool
Kids Play Area
Payment Plan
20%
Down Payment
50%
During Construction
30%
On Handover
Property Details
CompletionOff-Plan -
Q1 2028
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 1,657,000
DLD Fee (4%)AED 66,280
Trustee FeeAED 4,200
Agency (2%)AED 33,140
Total
InvestmentAED 1,760,620
Expected Annual Returns
Expected Annual RentAED 130,903
Service Charges (Est)-AED 11,640
Net Annual
IncomeAED 119,263
Net Annual ROI6.8% (after expenses)
Payback Period14.8 years
How We Calculate These Numbers
The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.
- Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
- Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
- Net ROI = (Net annual income ÷ Total investment) × 100.
- Payback period = Total investment ÷ Net annual income (years).
Distance from Major Landmarks
Burj Khalifa7.9 km
Dubai Mall8 km
Dubai Airport (DXB)9.7 km
Mall of the Emirates18 km
Dubai Marina24.7 km