Coral Reef
Floor Plans & Unit Types
How much you pay, and when
Amounts for each layout · 3
1 Bedroom
from AED 1.92M
AskBooking
AED 384K
Construction
AED 960K
5 × AED 192K
Handover
AED 576K
2 Bedrooms
from AED 2.98M
AskBooking
AED 596K
Construction
AED 1.49M
5 × AED 298K
Handover
AED 893K
3 Bedrooms
from AED 3.71M
AskBooking
AED 742K
Construction
AED 1.86M
5 × AED 371K
Handover
AED 1.11M
Payment schedule by quarter
On the cheapest layout (1 bed from AED 1,919,538): what leaves your account and when. By handover you will have paid AED 1,343,677, with the rest due on keys.
| When | Payment | Paid to date | Left to pay | Share of the flat |
|---|---|---|---|---|
| Q1 2027 | AED 191,954 | AED 575,862 | AED 1,343,676 | 30% |
| Q2 2027 | AED 191,954 | AED 767,816 | AED 1,151,722 | 40% |
| Q3 2027 | AED 191,954 | AED 959,770 | AED 959,768 | 50% |
| Q4 2027 | AED 191,954 | AED 1,151,724 | AED 767,814 | 60% |
| Q1 2028 | AED 191,954 | AED 1,343,678 | AED 575,860 | 70% |
Amounts start from each layout's lowest price on the developer's plan. The 4% DLD fee and developer charges come on top.
Location & Nearby Places
Compared with the area
- Entry price
- The entry price is lower than for 16 of the 31 projects in Maritime City in our catalogue.
- Handover
- Handover is later than for most projects in the area. Projects in Maritime City hand over between 2026 and 2029.
- Payment plan
- Differs from the usual plan of Damac Properties: most of the developer's 131 projects in our catalogue use 20/55/25.
Calculated across the 31 projects we track in Maritime City. Figures come from our own catalogue, not from a market index.
Amenities
- Infinity Pool
- Gymnasium
- Restaurants
- Shared Pool
- Children's Pool
- Children's Play Area
About Coral Reef
Coral Reef is a premium off-plan project by Damac Properties, situated in the vibrant Maritime City district of Dubai.
The project offers 1, 2 and 3-bedroom apartments with prices starting from AED 1.9M. Handover is scheduled for Q1 2028 with a 20%/50%/30% payment plan.
The development includes Infinity Pool, Gymnasium, Restaurants, Shared Pool among its amenities. Coral Reef is a compelling option for those seeking off-plan property in Maritime City.
About the developer
Damac Properties
Luxury-focused branded residence pioneer - Cavalli, Versace, Trump golf, Just Cavalli villas. Founded by Hussain Sajwani in 2002.
- Founded
- 2002
- Projects with us
- 151
- Areas
- 27
- Handover
- 2025-30
Projects by handover year
About the area
Maritime City
- New projects
- 32
- Prices from
- AED 820K
- Deals a year (DLD)
- 3,181
- AED per sqft in deals
- 3,186
Price per sqft by year, AED
Frequently Asked Questions
What is the starting price of Coral Reef?
What is the payment plan for Coral Reef?
When is the handover date for Coral Reef?
What types of units are available at Coral Reef?
Where is Coral Reef located in Dubai?
What amenities does Coral Reef offer?
Similar in price
Off-plan projects from AED 1.3M to AED 2.7M - in Maritime City first, then elsewhere in Dubai
