Overview

Coral Reef by DAMAC: Apartments Starting from AED 1.66 Million in the Heart of Dubai Maritime City

Coral Reef Tower is located in the heart of Dubai Maritime City, spanning 249 hectares. The tower offers a strategic location that combines tranquility away from the city’s hustle with proximity to Dubai’s key cultural and historical landmarks, including the old Dubai beaches and Rashid Port. Residents also enjoy easy access to essential amenities, with the tower just 16 minutes from Dubai International Airport and 18 minutes from Dubai Design District and Downtown Dubai, making it ideal for those seeking luxury with convenience.

Artistic Design and Unique Living Experience

DAMAC Coral Reef reflects a philosophy of merging art with luxurious living. The project features collaboration with renowned French artist Vincent Faudemer, one of France’s leading art sellers, delivering innovative interior designs that incorporate the iconic Babolex character into apartment details.

The tower offers a variety of apartments ranging from one to three bedrooms, all boasting captivating views of the sea and tropical gardens. This design represents a unique vision of modern luxury living, blending natural beauty with refined artistic design.

Exceptional Amenities and Services

Coral Reef Tower is designed as a model of integrated luxury living, offering residents a wide range of world-class facilities:

  • Multiple Swimming Pools: Including an infinity LED pool that provides a visually stunning experience, making it feel as though the water extends to the city’s horizon.
  • Tropical Gardens and Beach Areas: Allowing residents to enjoy a serene and relaxing environment surrounded by natural beauty.
  • Luxury Reception Lobby with Concierge Services: Ensures a personalized and comfortable hospitality experience for residents and guests.
  • Fully Equipped Gym: Offers fitness facilities designed to meet the highest international standards.

The tower’s meticulous design ensures unmatched comfort and privacy while combining functional luxury with architectural and artistic elegance.

Apartment Prices and Investment Options

DAMAC Coral Reef provides multiple options to meet the needs of both investors and residents:

1-Bedroom (1 BR) AED 1,660,000
2-Bedroom (2 BR) AED 2,530,000
3-Bedroom (3 BR) AED 3,330,000

Flexible Payment Plan

The project offers a flexible multi-stage payment plan for investors, including 20 installments over scheduled phases and a 4% Dubai Land Department (DLD) fee on the first payment.

Payment Schedule:

1st Payment Upon signing the contract 20%
Payments 2–5 At 3, 6, 9, 12 months 4% each
Payments 6–20 Every 3 months until 70% completion 2–3% each
Upon Completion Delivery 30%

This plan provides financial flexibility while ensuring investors secure a luxury property in a prime location in Dubai Maritime City.

Frequently Asked Questions (FAQ)

  1. What types of apartments are available?
    Apartments range from one to three bedrooms, all with views of the sea and tropical gardens.
  2. What are the main tower amenities?
    Infinity pools, tropical gardens, beach areas, a fully equipped gym, and a luxury reception with concierge services.
  3. How far is the tower from the airport and Downtown Dubai?
    The tower is 16 minutes from Dubai International Airport and 18 minutes from Downtown Dubai.
  4. Does it feature artistic interior design?
    Yes, the interiors are designed in collaboration with French artist Vincent Faudemer and include elements inspired by the Babolex character.
  5. Is there a flexible payment plan?
    Yes, the project provides a multi-stage payment plan extending until construction completion, with varying installment percentages to facilitate investment.

 

Details

  • Property ID:
    CORAL REEF
  • Status:
  • Room Range:
    1-4
  • Beds Range:
    2-3
  • Bath Range:
    2-3

Amenities

  • Beach
  • Cinema
  • Gym
  • Infinity LED Pool
  • Kids Play Area
  • SPA
  • Swimming Pool

Materials

  • Block
  • Glass
  • Steel

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