Coral Reef is a residential community perfect for families that is situated in Dubai Maritime City (DMC). The project was developed by DAMAC Properties, a developer from the Emirati nation known for its upscale neighborhoods and developments like DAMAC Lagoons, DAMAC Hills, DAMAC Bay by Cavalli, Elegance Tower, and others. In Q1 2028, the project is expected to be finished.
With the help of French established artist Vincent Faudemer, dubbed “the Little Prince of contemporary art,” the G+P6+48+R tower is being created. He is a sculptor who draws inspiration from Babar, The Little Prince, and other figures. The residents of Coral Reef will also be amazed by the special, one-of-a-kind sculptures, which are dispersed around the communal areas and in the apartments. Vincent Faudemer’s Babolex figurines are well-liked among prominent people.
Apartments in Coral Reef with 1-3 bedrooms and living spaces ranging from 776 to 1,815 square feet are among the homes up for sale there. Residents will be able to take in breathtaking views of the Arabian Gulf and tropical plants from the roomy balconies, which are perfect for relaxing with your loved ones.
There are several entertainment and recreational opportunities available to Coral Reef residents right on the property of the complex. Among them are an inflatable coral labyrinth, an infinity LED pool, a mural pool, a lounge in the reefs, a gym, a spa with a restaurant, and more to come.
Located in Dubai Maritime City (DMC), Coral Reef. The area is divided into several clusters, including the Maritime Centre, a business district with entertainment offerings, the Industrial Precinct, home to a ship repair facility, the Academic Quarter for marine industry professionals, the Marina District, a marina service area, and the Harbour Residences and Harbour Offices.
You can easily get to important parts of Dubai if you live in Coral Reef. As a result, it will take 25 minutes to go to Downtown Dubai and Business Bay, and 20 minutes to get to Dubai International Airport.
The Cambridgeshire Nursery, Dubai Gem Crèche and Nursery, New Academy School, Ambassador School, and other institutions may be of interest to families with young children. Aster Hospital and International Modern Hospital are competent medical facilities where Coral Reef residents can receive care.
La Mer Beach, Etihad Museum, Dubai Frame, and Burj Khalifa are some of the leisure locations nearest to Coral Reef that can be reached in 10 to 25 minutes. Within a 20-minute drive, you can find BurJuman Mall, City Centre Al Shindagha, and Dubai Mall, which are the closest shopping centers. In Dubai Maritime City (DMC), purchasing a home is a great financial opportunity. A 1-bedroom apartment in the region has an average ROI of 4.8%. Rental rates for this kind of home start at AED 88K (USD 24K) annually.
You can apply for a 2-year investor visa in Coral Reef if you spend more than AED 750K (USD 204K) on a home there. You can obtain a 10-year Golden Visa for yourself, your family, and any household workers if you purchase a real estate unit for more than AED 2M (USD 545K).