Nestled in the evolving Dubai Maritime City, Coral Reef By Damac presents an array of 1-3 bedroom apartments that offer expansive balconies with sweeping views of the Gulf and lush tropical gardens. It’s a haven for those seeking a home steps away from Dubai’s landmarks and prime locations.
Coral Reef’s prime position in Dubai Maritime City (DMC) offers a vibrant neighborhood experience. DMC encompasses diverse zones including the Maritime Centre for business and entertainment, the ship-centric Industrial Precinct, the Academic Quarter for marine enthusiasts, Marina District services, and the Harbour Residences and Offices.
Coral Reef residents benefit from efficient connectivity, with Downtown Dubai and Business Bay merely 25 minutes away, and the Dubai International Airport a brisk 20-minute drive.
For families, educational institutions such as Cambridgeshire Nursery and Ambassador School lie in proximity. Medical assistance is available at Aster Hospital and International Modern Hospital. Leisure attractions like La Mer Beach, Dubai Frame, and Burj Khalifa are within a 10-25 minute radius, with shopping havens like BurJuman Mall and Dubai Mall close by. Investing in a home at DMC offers promising returns, with a 1-bedroom unit offering an average ROI of 4.8%, and potential rental income starting from AED 88K (USD 24K) annually.
An investment exceeding AED 750K (USD 204K) in Coral Reef qualifies you for a 2-year investor visa, while properties over AED 2M (USD 545K) pave the way for a 10-year Golden Visa for the entire family and domestic staff.
Situated in the heart of Dubai Maritime City (DMC), Coral Reef offers a residential experience that embodies family living. Conceived by the renowned DAMAC Properties, known for luxurious projects such as DAMAC Lagoons, DAMAC Hills, and others, it’s set to be unveiled in Q1 2028.
The tower, encompassing numerous floors, is the result of a collaboration with French artist Vincent Faudemer, dubbed the “Little Prince of contemporary art”. Renowned for his sculptures inspired by iconic characters, Faudemer’s signature Babolex figures will grace the communal and private spaces, offering residents a unique touch of art.
Potential residents can choose from 1-3 bedroom homes with sizes ranging from 776 to 1,815 sq. ft. Beyond the comforts of their homes, residents will be treated to panoramic views of the Arabian Gulf and verdant gardens. Additionally, Coral Reef boasts a plethora of amenities from an LED infinity pool, a reefs lounge, spa and restaurant, beach cinema, and more.