PropertyIndex

Eni Coral Tower

Completed · Q4 2014|145 units · 1 building

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Eni Coral Tower is a completed apartment development by EMIRATES NATIONAL INVESTMENT CO (L.L.C) in Business Bay, comprising 145 registered units. 3 sales are registered with the Dubai Land Department, at a current PIX© price of AED 704 per sqft. At AED 704 per sqft, Eni Coral Tower prices 71% below the Business Bay average of AED 2,449 per sqft on registered sales.

PIX© price
34.00MAED
Typical
704AED
PSF
Gross yield
0.4%
PIX© rent ÷ PIX© price
Sale records
3
DLD · all time
Rent contracts
1,487
Ejari · all time
Eni Coral Tower

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
1,307 – 4,567 sqft
14534.00M704125K0.4%
Residential
2 Bed · Apartment
1,307 – 1,531 sqft
138
3 Bed · Apartment
1,873 sqft
2
4 Bed · Apartment
2,874 sqft
1
Commercial
Shop
4,541 – 4,567 sqft
4
Land
Development Land
48,270 sqft
Sales — Project-Wide3 DLD records
All time
Sale price AED/sqft · monthly · all time · last sale Nov 2010
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range · all time
PSF range
Avg size
Cash : mortgage
Off-plan : ready
DateSizePricePSFUnit TypeType
11 Nov 201048,27034,000,000704StandardStandard Sale
11 Jan 201048,27030,410,240630StandardStandard Sale
4 Dec 200748,27054,304,0001,125StandardStandard Sale
Rentals — Project-Wide1,487 Ejari contracts
Annual rent AED · monthly · all time
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range · all time
Renewals
Corporate
Start DateSizeRent / YrRent PSFUnit TypeType
31 Aug 20262,874190,44066Standardrenewal
28 Aug 20261,462104,81772Entry Levelrenewal
26 Aug 20261,344103,54677Entry Levelrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Common questions about Eni Coral Tower

Answered from Dubai Land Department registered transactions.

How much does a property in Eni Coral Tower cost?

Property in Eni Coral Tower sells at a current PIX© price of AED 704 per sqft, or about AED 34,000,000 for a typical unit, based on 3 sales registered with the Dubai Land Department.

Is Eni Coral Tower completed?

Yes. Eni Coral Tower is recorded as completed in the Dubai Land Department project register (completed q4 2014).

Who is the developer of Eni Coral Tower?

Eni Coral Tower is developed by EMIRATES NATIONAL INVESTMENT CO (L.L.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Eni Coral Tower?

Eni Coral Tower yields 0.4% gross, calculated from current PIX© rent against current PIX© sale price, across 1,487 registered Ejari contracts.

How many units are in Eni Coral Tower?

Eni Coral Tower holds 145 registered units, per the Dubai Land Department unit register.

About ENI Coral Tower

ENI Coral Tower is a completed mixed-use residential and retail tower developed by Emirates National Investment Co (L.L.C) along Marasi Drive in Business Bay, Dubai, offering waterfront apartments with premium amenities and views of the Dubai Water Canal.

Developer and Design Partners

ENI Coral Tower was developed by Emirates National Investment Co (L.L.C). The architectural design and engineering services were provided by Al Suweidi Engineering Consultants Bureau, and OST Constructional Projects served as the main contractor. Notable sub-contractors and suppliers include Emiral Aluminium Co LLC for glazing and window works, ARJ Engineering Services L.L.C. for MEP works, and Graniti Building Materials L.L.C. for premium tiling.

Physical Structure and Layout

The tower features a structural layout consisting of a basement, ground floor, three podium levels dedicated to parking and recreational amenities, sixteen typical residential floors, and a roof level. Depending on the portal, it is described as having 19 to 21 floors. It contains approximately 145 to 146 residential units, predominantly comprising spacious 2, 3, and 4-bedroom apartments, along with four ground-floor retail shops.

Premium Amenities

The podium levels house an array of luxury lifestyle amenities. These include a large temperature-controlled swimming pool, a fully equipped gymnasium, dedicated sauna and steam rooms, a clubhouse, a children's play area, and an outdoor mini-golf course. The building also features three high-speed passenger elevators, 24/7 security with CCTV monitoring, and dedicated covered parking for residents.

Location and Accessibility

Ideally positioned at 96 Marasi Drive in Business Bay, the tower sits directly along the Dubai Water Canal, offering stunning waterfront and skyline views. It provides seamless road access to major highways such as Sheikh Zayed Road (E11), Al Khail Road (E44), and Financial Centre Road. It is located roughly 1.25 km from the Burj Khalifa, 1.5 km from the Dubai Opera, and is highly accessible via local RTA bus lines and the nearby Business Bay Metro Station.

Amenities
  • Swimming Pool
    A large temperature-controlled swimming pool for residents.
  • Gymnasium
    Fully equipped gym with modern exercise equipment.
  • Children's Play Area
    Dedicated play area for children.
  • Sauna and Steam Room
    Separate sauna and steam facilities for wellness.
  • Mini-golf Course
    Premium outdoor mini-golf area for residents.
  • Clubhouse
    Fully operational clubhouse for residents' gatherings.
  • Covered Parking
    Dedicated secure parking space for each unit.
  • High-speed Elevators
    Three high-speed passenger lifts operating 24/7.
  • 24/7 Security and CCTV
    Round-the-clock security personnel with CCTV camera monitoring.
Also known as Coral Tower.