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Off-plan project · Dubai Maritime City
Coral Reef
Coral Reef is a sea-view apartment tower by DAMAC Properties in Dubai Maritime City. It has 1, 2 and 3 bedroom apartments and an ocean-themed design. The developer's homes are sold and handover is expected in Q1 2028.
- HandoverQ1 2028
- Payment plan70/30
- Bedrooms1, 2, 3
- StatusSold out
Sold out from the developer. Homes here now come up as resales from the first buyers. Ask us what is available.
Reviewed by Ayman Hoque, Operations Manager, Live Dubai InternationalDubai Land Department broker card no. 55937 · Checked 13 October 2026 · 3 sources
Key facts
Coral Reef at a glance
- Developer
- DAMAC Properties
- Location
- Dubai Maritime City
- Type
- Apartments
- Bedrooms
- 1, 2, 3
- Handover
- Q1 2028
- Progress
- About 27% built (DLD-derived portal data, April 2026)
- Payment plan
- 70/30
Checked 13 October 2026. Prices are not shown here because they change often. Ask for today’s price list.
Highlights
What stands out
- Sea-view tower in Dubai Maritime City
- 1, 2 and 3 bedroom apartments
- Sold out from the developer; resales only
- About 27% built in April 2026
- Handover expected Q1 2028
Amenities
- Cascading pools
- Floating cinema
- Spa
Payment plan
How you pay for Coral Reef
On a home priced at AED 1,000,000 that is AED 700,000 before handover, AED 300,000 on handover. Government registration fees are paid on top.
70% during construction and 30% on handover.
Plans change between launches and unit types. We confirm the current plan in writing with the price list.
Location
Where Coral Reef is
Coral Reef is in Dubai Maritime City, a peninsula between Port Rashid and the Dubai dry docks. The area is reached by road and has no metro station of its own.
Who Coral Reef suits
- Buyers who want a sea-view apartment near old Dubai
- Buyers happy to buy a resale home before completion
Check before you buy
- DAMAC's page shows homes as available on request, so most purchases will be resales.
- Published floor counts differ (48 and 55 storeys). Confirm your floor and view.
- 30% of the price is due at handover.
- Ask for the latest DLD construction figure.
The developer
Dubai's largest private developer: lower prices and flexible plans; check handover dates closely
Prices and floor plans
Get today’s prices for Coral Reef
We send the current price list, floor plans and payment plan, and tell you honestly how it compares with similar projects. No spam.
FAQs
Coral Reef: common questions
When will Coral Reef be finished?
Handover is expected in Q1 2028, with March 2028 quoted by sources using DLD data.
Who is the developer of Coral Reef?
DAMAC Properties, a private Dubai developer founded in 2002.
Where is Coral Reef?
In Dubai Maritime City, on the coast between Port Rashid and the dry docks.
What homes are available at Coral Reef?
The tower has 1, 2 and 3 bedroom apartments. The developer's stock is sold, so homes are available as resales.
What is the payment plan at Coral Reef?
The published plan is 70/30: 70% during construction and 30% on handover.
More from this developer
Other DAMAC projects
Chelsea Residences, Towers 1 and 2Dubai Maritime City · Q4 2029
Canal CrownBusiness Bay · Q4 2027
DAMAC Islands 2DAMAC Islands 2, Dubailand · Q2 2030 (Antigua Q4 2030)
DAMAC IslandsDAMAC Islands, Dubailand · Q4 2028
DAMAC LagoonsDAMAC Lagoons, Dubailand · Phased: Venice Q2 2027, Mykonos and Amalfi 2027 to 2028, Cetara Q1 2030
DAMAC Riverside townhousesDAMAC Riverside, Dubai Investments Park 2 · December 2027Sources (3)
This page is a guide, not financial advice. Details come from the developer and public records and can change. Check the project and its escrow account with the Dubai Land Department before you pay.