Overview

Damac Coral Reef Luxury Residences — Dubai Maritime City

Damac Coral Reef is a new off-plan luxury residential project at the prime address of Dubai Maritime City, offering 1, 2 and 3 bedroom sea-facing apartments with sizes ranging from 725 to 1,639 sq.ft. These are branded residences in collaboration with the BABOLEX brand, developed by Damac Properties. The tower rises 48 floors high, with sea-facing balconies and living rooms across most apartments, an excellent opportunity to invest in waterfront real estate in Dubai.

Damac Coral Reef 1-bedroom prices start from AED 1,657,000 (725.5 sq.ft), with 2-bedroom apartments from AED 2,527,000 (1,149 sq.ft) and 3-bedroom homes from AED 3.328 Million. Buyers can reserve a unit with a 20% booking deposit plus 4% DLD fees under a flexible 70/30 payment plan, with completion scheduled for Q1 2028. Dubai Maritime City places residents about 25 minutes from Downtown Dubai and Business Bay, 20 minutes from Dubai International Airport, and close to La Mer Beach, Etihad Museum and Dubai Frame — with strong ROI and rental returns.

View full details, floor plans and the current price list for Damac Damac Coral Reef in Dubai Maritime City. You can also explore all Damac properties.

At a Glance

Coral Reef Project Highlights

Project Damac Coral Reef — Dubai Maritime City

Developer Damac

Property Type 1, 2 & 3 Bedroom Apartments

Built-up / Unit Sizes 725 – 1,639 sq.ft

No. of Floors 48 Floors

Starting Price AED 1.657 Million

Booking Amount 20% Down Payment

Payment Plan 60 / 40 Installment Plan

Location Dubai Maritime City

Handover Q1 2028

Golden Visa Eligible — AED 2M+ investment

Pricing

Coral Reef Price

Damac Coral Reef price starts at AED 1.657 Million. Buy with a 20% Down Payment booking amount. Request the latest sales offer pricing for the larger layouts, up to the 3 bedroom at Damac Coral Reef. Invest in Dubai real estate — beachfront residences and sea-facing homes in Dubai Maritime City. Visit our experience sales centre, or request the full price list today.

1 Bedroom Apartments From AED 1.657 Million

Unit Types	Built-up Area	Booking Amount
1 Bedroom	725 Sq.ft	20% Down Payment
2 Bedroom	1,149 Sq.ft	20% Down Payment
3 Bedroom	1,639 Sq.ft	20% Down Payment

Layouts

Coral Reef Floor Plans

Apartment layouts at Damac Coral Reef run from 725 – 1,639 sq.ft. Orientation matters more than square footage here — the sea-facing units are released first and priced accordingly. Click any locked plan to unlock the full gallery, or ask us for the layout of a specific unit.

Master Plan — Community Layout — **Master Plan**Community Layout

1 Bedroom — Floor Plan — **1 Bedroom**Floor Plan

2 Bedroom — Floor Plan — **2 Bedroom**Floor Plan

3 Bedroom — Floor Plan — **3 Bedroom**Floor Plan

Layout A — Floor Plan — **Layout A**Floor Plan

Layout B — Floor Plan — **Layout B**Floor Plan

Gallery

Coral Reef Gallery

Flexible Payments

Flexible Installment Payment Plan

Damac Coral Reef is sold on a 70/30 construction-linked plan — 70% across the build and 30% due on handover. Damac ties each instalment to a construction milestone rather than a calendar date, so payments track real progress on site. Reservation is a 20% Down Payment.

20% Down Payment on Booking

50% During Construction

30% On Handover

Payment plans vary by unit and release. Contact us for the current schedule on the unit you want.

FAQ's

Coral Reef — Frequently Asked Questions

Damac Coral Reef 1-bedroom prices start from AED 1,657,000 (725.5 sq.ft), with 2-bedroom apartments from AED 2,527,000 (1,149 sq.ft) and 3-bedroom homes from AED 3.328 Million. Buyers reserve with a 20% booking deposit plus 4% DLD under a 70/30 plan. Contact us for the current price list.

Damac Coral Reef offers 1-bedroom (725.5 sq.ft), 2-bedroom (1,149 sq.ft) and 3-bedroom (1,639 sq.ft) sea-facing apartments across a 48-floor tower, branded in collaboration with BABOLEX. Select sea-view units are available on request.

Damac offers a 70/30 payment plan on Coral Reef: a 20% booking deposit plus 4% DLD fees, 50% during construction and 30% on handover. Ask our advisors for the full schedule.

Within Dubai Maritime City, a waterfront district about 25 minutes from Downtown Dubai and Business Bay, 20 minutes from Dubai International Airport, and close to La Mer Beach and Dubai Frame.

This off-plan development is scheduled for completion by Q1 2028.

Damac Coral Reef is a branded residence developed by Damac Properties in collaboration with the luxury fashion brand BABOLEX, bringing signature style to the tower's design and common areas.

Residents enjoy a signature clubhouse, swimming pools, a gym and fitness centre, yoga and sun decks, indoor and outdoor kids play areas, barbecue and outdoor dining, cafes and restaurants, with sea-facing balconies.

Yes — property investments of AED 2 Million and above qualify buyers and their families for the 10-year UAE Golden Visa, subject to prevailing rules.

Location

Dubai Maritime City Location Address

Damac Coral Reef sits within Dubai Maritime City, a waterfront multi-cluster district — about 25 minutes from Downtown Dubai and Business Bay, 20 minutes from Dubai International Airport, and close to La Mer Beach, Etihad Museum and Dubai Frame.

La Mer Beach10 minutes
Dubai Frame & Etihad Museum15 minutes
Downtown Dubai & Business Bay25 minutes
Dubai International Airport20 minutes
BurJuman Mallshort drive

Damac Coral Reef — Dubai Maritime City location map

Lifestyle

World-Class Lifestyle Amenities

Residents of Damac Coral Reef — Dubai Maritime City enjoy premium amenities crafted by Damac.

Infinity Pools & Sun Decks

Fully-Equipped Gym & Wellness Spa

Landscaped Parks & Gardens

Kids Play Areas & Family Zones

Retail, Cafés & Fine Dining

Jogging & Cycling Tracks

Smart Home Technology

24/7 Security & Concierge

Dubai Maritime City

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