DAMAC · Maritime City
Coral Reef by DAMAC
Seafront Apartments in Dubai Maritime City
Coral Reef by DAMAC is a 54 storey seafront tower in Dubai Maritime City, offering 1, 2 and 3 bedroom apartments with open sea views, sculptural art by Vincent Faudemer, and handover scheduled for Q1 2028.
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Overview
Project Overview
Starting Price
AED 1.66M ≈ USD 451K
Handover Date
Q1 2028
Property Type
Apartments
Location
Maritime City
Developer
DAMAC
Availability
Limited
About
About Coral Reef by DAMAC
Coral Reef sits on the breakwater edge of Dubai Maritime City, and that single fact shapes most of what matters about it. The tower rises 54 storeys with residences on levels 2 to 48, and because the plot faces open water rather than another building, sea views here are structural rather than optional. In a city where most towers eventually look into a neighbour, a plot with permanent water frontage is the part of the proposition a competing developer cannot replicate later.
The second layer is the art programme. DAMAC commissioned Vincent Faudemer, known for the Babolex collection, to create pieces made specifically for this building, and they appear through the lobby, the lift lobbies and the shared corridors rather than sitting in a single showpiece atrium. For an end user that reads as character in the everyday route from car park to front door. For an investor it is the differentiator that gives the building a name in the resale market, which matters in a district where several towers will complete within the same window.
My read for buyers weighing this one: Dubai Maritime City is still forming, so you are buying the location trajectory as much as the tower. Entry from AED 1.657M for a 1 bedroom is well below comparable seafront pricing in Dubai Harbour or Emaar Beachfront, and with handover in Q1 2028 the payment plan still spans a meaningful construction runway.
Insights
Project Insights for Coral Reef Buyers
Coral Reef Construction Updates, Dubai Maritime City Breakwater
Coral Reef, DAMAC's 54-storey seafront tower of 279 residences in Dubai Maritime City, read 32.87% at the August 2026 inspection.
Coral Reef Construction Updates
Coral Reef's Escrow Account in Dubai Maritime City
DAMAC's seafront Coral Reef is DLD project 2729, 280 units whose payments Dubai Islamic Bank holds, certified 32.87% in August 2026.
Coral Reef Escrow Account Guide
Coral Reef Golden Visa in Dubai Maritime City, From Two Bedrooms
DAMAC's seafront Coral Reef on a Dubai Maritime City breakwater qualifies at 2 and 3 bedrooms, not at the 1 bedroom.
Coral Reef Golden Visa GuidePrices
Coral Reef Prices & Sizes
Three layouts run through the tower, and the spread between them is unusually even, which makes the choice a question of use rather than budget stretching. The 1 bedroom at AED 1.657M is the yield play in a district where seafront rental stock is still thin. The 2 and 3 bedroom layouts clear the AED 2M threshold that governs the 10 year Golden Visa, so residency planning often decides the tier before the floor plan does. Every apartment faces open water, so a lower floor is a discount on height, not on view.
1 Bedroom Apartments
AED 1.657M≈ USD 451K
≈ 725.5 sq ft (67 sq m)
2 Bedroom Apartments
AED 2.527M≈ USD 688K
≈ 1,149 sq ft (107 sq m)
3 Bedroom Apartments
AED 3.328M≈ USD 906K
≈ 1,639 sq ft (152 sq m)
Get latest availability for Coral Reef
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Coral Reef Payment Plan
On Booking
During Construction
On Completion
The 4% DLD registration fee sits on top of the initial deposit, not inside it, so budget for it at booking. Getting funds into the UAE cleanly is where most overseas purchases lose time, not the booking itself, so read my guide on how to pay for property in Dubai before the first transfer leaves your account. Request the exact remaining payment schedule for your unit.
Why Me
Why Buy Coral Reef Through Tohid Fetrat
On an off plan tower still years from handover, the property is only part of the decision. The rest is who verifies the paperwork, tracks the build, and stays reachable between now and the keys.
Direct developer access to DAMAC inventory and new releases
One dedicated advisor from first enquiry to handover
Specialist in remote purchases for international and non-resident buyers
Independent monthly construction tracking against RERA inspection data
Personal replies on WhatsApp, never a call center or sales team
My advisory service costs you nothing. The commission is paid by the developer, and you pay the same official price as buying directly, with independent guidance included.
Structure
Explore Coral Reef Structure
A tower this early in a district's build out is best judged against the masterplan around it and the developer behind it. Dubai Maritime City spans 249 hectares between Port Rashid and Drydocks World, and DAMAC has priced Coral Reef against that emerging supply rather than against finished waterfront addresses. The three guides below cover the district, its wider inventory, and the developer's track record.
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About Maritime City Master Community
Read the Dubai Maritime City guide: a waterfront district between Port Rashid and Dubai Drydocks with high-rise coastal living.
Maritime City Community Guide
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DAMAC Developer ProfileFacts
Coral Reef | Key Project Facts
DAMAC
Maritime City, Dubai
279
Q1 2028
Freehold, open to all nationalities
Dubai Islamic Bank (Public Joint Stock Company)
Map
Explore Coral Reef Location on Dubai Map
Coral Reef by DAMAC Properties stands on the seaward edge of Dubai Maritime City, the 249 hectare peninsula set between Port Rashid and Drydocks World on the older, western side of Dubai Creek. Through Tohid Fetrat's Dubai Investment Map you can place it against every other coastal address in the city and judge the price gap for yourself.
Sheikh Rashid Road feeds the peninsula directly, which puts Dubai International Airport, the Downtown core and the Design District inside a twenty minute band without crossing the busiest stretch of Sheikh Zayed Road. That routing is the practical argument for the location: short airport runs for owners who fly often, and an approach into the city from the north rather than through the Marina corridor.
Location
Coral Reef Location Within Dubai Maritime City
Inside the peninsula, Coral Reef takes a breakwater plot on the outer edge rather than an inland one, which is the distinction that decides what you look at for the next thirty years. Its immediate neighbours are the district's other residential releases, including Chelsea Residences and the Beyond towers, and the marina berths sit a short walk along the promenade. For families that means a quiet, low traffic pocket with the water on the doorstep; for investors it means the tower sits in the small subset of Maritime City stock that will never have its outlook built out. The full district picture, including the six thematic clusters and what is still to come, is covered in my Dubai Maritime City community guide.
Maritime City, DubaiConnectivity
Connectivity from Coral Reef
The peninsula connects through Sheikh Rashid Road, so journeys east toward the airport and south toward Downtown run on roads that stay clear outside peak hours. Old Dubai is the closer half of the map here: Bur Dubai, the Creek and the Etihad Museum are all short runs, while Dubai Mall and the Downtown core sit inside the same twenty minute window most central Dubai commuters already accept. There is no metro station inside Dubai Maritime City itself, so plan around driving or a short connection to the nearest line.
Approximate Driving Distances
- Etihad Museum08 minutes
- Dubai International Airport (DXB)16 minutes
- Downtown Dubai18 minutes
- Dubai Design District (d3)18 minutes
- Port RashidDirectly opposite
- Dubai Maritime CityWithin the community
Interiors
Interior Design at Coral Reef
The apartments are planned around the glazing rather than the corridor, so living and dining spaces open onto the water and the balcony reads as part of the room instead of an afterthought. Finishes stay pale and warm, which keeps the reflected light off the sea working for you through the day, and the sculptural pieces commissioned for the building carry the coral motif indoors without turning the home into a theme.
Practically, that layout choice matters twice. Open plan sea facing space is what short and long term tenants in Dubai pay a premium for, and it is also the configuration that photographs well, which shortens time on market at resale.
Amenities
Interior Amenities
- Fully equipped gymnasium
- Spa with treatment suites
- Infinity LED pool
- Sensorial corridors with immersive lighting
- Sculptural lobby with bespoke Babolex art
- Coral inspired lift lobbies and art installations
- Residents lounge and relaxation spaces
- Full height glazing with open sea views
Exterior Amenities
- Podium level swimming pool deck
- Floating pool at sea level
- Beach cinema over the floating pool
- Pastel and coral beach
- Coral trees and landscaped gardens
- Coral tunnel and pavilion play area
- Above water coral garden
- Shaded terraces with hammocks and loungers
Gallery
Coral Reef by DAMAC Image Gallery
These are the official project renders for Coral Reef, covering the tower on its breakwater plot, the pool decks and beach level, the lobby and corridor art programme, and the apartment interiors. Use them to judge orientation and light before you commit to a floor, then ask me for the matching floor plan.
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Coral Reef Frequently Asked Questions
Coral Reef by DAMAC is a 54 storey seafront residential tower in Dubai Maritime City, with 279 residential units across levels 2 to 48. It offers 1, 2 and 3 bedroom apartments with open sea views, and the building carries bespoke Babolex sculptures created for the project by French artist Vincent Faudemer.
Coral Reef occupies a breakwater plot in Dubai Maritime City, the 249 hectare waterfront district set between Port Rashid and Drydocks World on the western side of Dubai Creek. The peninsula is reached via Sheikh Rashid Road, placing Dubai International Airport around 16 minutes away and Downtown Dubai around 18 minutes away.
The tower offers 1, 2 and 3 bedroom apartments. A 1 bedroom measures approximately 725.5 sq ft (67 sq m), a 2 bedroom approximately 1,149 sq ft (107 sq m), and a 3 bedroom approximately 1,639 sq ft (152 sq m). Every apartment is planned around open sea views.
The expected handover is Q1 2028. The tower is currently under construction, and site progress against RERA inspection data is tracked in the Coral Reef construction updates guide.
Prices start from AED 1.657M ≈ USD 451K for a 1 bedroom apartment, AED 2.527M ≈ USD 688K for a 2 bedroom, and AED 3.328M ≈ USD 906K for a 3 bedroom. Final pricing varies by floor level, orientation and release phase.
Coral Reef is sold on a 70/30 structure: 20% on booking, 50% paid in instalments through the construction period, and 30% on completion. The 4% Dubai Land Department registration fee is payable in addition to the initial deposit, not deducted from it.
The 10 year UAE Golden Visa requires a property investment of at least AED 2M ≈ USD 545K. The 2 and 3 bedroom apartments at Coral Reef clear that threshold on a single unit, while a 1 bedroom sits below it and would need to be combined with other qualifying property to reach it. The Coral Reef Golden Visa guide sets out the eligibility steps.
Yes. Coral Reef is a freehold development in a designated freehold zone, open to buyers of all nationalities with no residency requirement to own.
Yes. Reservation, sales and purchase agreement, payment and Oqood registration can all be completed from outside the UAE, and I manage the process end to end with DAMAC on the buyer's behalf. Each stage of a remote purchase is documented in my Dubai real estate guide library.
Payments for off plan projects are made into the project's DLD-registered escrow account and released to the developer only against verified construction progress, under a framework regulated by the Dubai Land Department. The escrow protection guide for Coral Reef explains how the account operates and what buyers can verify.
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