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Impala Real Estate
Coral Reef

DAMAC · Maritime City · Dubai · United Arab Emirates

Coral Reef

Sold outUnder construction · 33% built

Availability and pricing checked 8 Oct 2026. Prices, sizes and counts describe the homes currently released for sale, not the development as a whole. The developer has not published a live unit count for this project.

The essentials

Available now from
On request
Available up to
On request
Layouts on offer
On request
Available sizes
On request
Service charge
18–22 AED/sqftCharged once a year
Status
under construction
Construction started
October 2023
Build progress
33% complete
Furnishing
semi furnished
Handover
MAR 2028
Buildings releasing now
1
Escrow account
Registered

Payment plan

20 / 50 / 30
20%
50% during construction
30% on handover

Sold out

Every home here has been sold.

10 other projects are still selling in Maritime City.

Browse all off-plan projects

About this project

DAMAC

Project general facts

DAMAC Coral Reef is an exciting residential endeavor in a prestigious waterfront location, made possible through a collaboration with a renowned sculpture artist, creating a true manifestation of opulence meeting convenience. This high-rise tower presents a collection of one to three-bedroom apartments with captivating views of the sea and tropical gardens, showcasing unique interior design elements. Every inch has been meticulously designed to cater to the needs of its residents, demonstrating a devotion to detail that ensures a comfortable and convenient lifestyle.

Residents are treated to an abundance of entertainment and leisure options right within the premises, including infinity pools, a stunning lobby with concierge services, and a well-equipped gymnasium. The waterfront location ensures breathtaking views and a soothing ambience that perfectly blends luxury and comfort, with exclusive waterfront amenities including inviting beach areas and alluring tropical gardens. This collaboration elevates luxury living to unparalleled heights, creating an address that stands as a testament to artistry and refinement.

Each residence features porcelain tiled floors, painted walls, and built-in wardrobes in bedrooms, while bathrooms include porcelain tiles, vanity tops, shower enclosures, and premium sanitary ware. The kitchens are fitted with cabinetry, stone countertops, stainless steel sinks, and premium appliances including refrigerators, cookers, and kitchen hoods. Every detail has been carefully considered to create a harmonious and inviting home where art, comfort, and luxury converge seamlessly.

Location description and benefits

This prestigious development is surrounded by popular entertainment and leisure spots, making it perfect for explorers and fun-seekers with attractions like museums, parks, beaches, and shopping destinations all within easy reach. Families benefit from easy access to esteemed educational institutions within a short drive, ensuring quality education for children. Healthcare needs are well-catered to with access to top medical facilities offering a range of services for residents.

The strategic location provides convenient access to key attractions and amenities throughout Dubai. The area's thoughtful positioning ensures that residents can enjoy both the tranquility of waterfront living and the vibrancy of city life. The community's proximity to world-class entertainment, education, and healthcare facilities creates a truly integrated living experience.

The location's combination of luxury, convenience, and accessibility makes it an ideal choice for those seeking a remarkable living experience. The area's ongoing development and strategic position continue to enhance its appeal as a premier residential destination. This distinguished location represents the perfect combination of artistic inspiration, waterfront serenity, and urban accessibility, offering an unmatched lifestyle in one of Dubai's most distinctive communities.

Amenities

6

2 Swimming Pools

Coral Reef Vacation

Gym

Spa

Sea Restaurant

Beach Cinema

What’s nearby

5
New Academy School4.7
La mer beach7
Dubai Museum6.6
Downtown Dubai11.8
City Centre Al Shindagha Mall6.3

Good to know

Straight answers from the developer's published terms, checked 8 Oct 2026.

What is the payment plan for Coral Reef?

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Payment Plan: 20% on booking, 50% during construction and 30% on handover.

When does Coral Reef hand over?

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Handover is scheduled for MAR 2028. Construction is 32.87% complete.

Who is the developer of Coral Reef?

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Coral Reef is developed by DAMAC in Maritime City · Dubai · United Arab Emirates.

What is the service charge at Coral Reef?

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The published service charge at Coral Reef is 18–22 AED/sqft, billed once a year. It starts at handover and the first year is usually pro-rated from the day you collect the keys. In Dubai the annual budget behind the charge is filed with the Mollak system, so the figure is reviewed each year once the building is occupied. Checked 8 Oct 2026.

Is my money protected when buying off-plan at Coral Reef?

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DAMAC has registered an escrow account for Coral Reef. In the UAE an off-plan instalment is paid into the project’s escrow account rather than to the developer directly, and is released against construction progress the regulator has verified. We do not publish the account number — your sale agreement and the developer’s own payment instructions carry it.

How the money actually moves — escrow, the 70/30 split, post-handover terms and the fees nobody mentions: our guide to UAE off-plan payment plans.

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