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Coral Reef is an under-construction apartment development by DAMAC P S L INVESTMENT L.L.C in Dubai Maritime City, Madinat Dubai Almelaheyah, comprising 280 registered units. 289 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,477 per sqft. At AED 2,477 per sqft, Coral Reef prices 21% below the Dubai Maritime City average of AED 3,116 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend |
|---|---|---|---|---|---|
PIX© Core Project-Wide 764 – 2,151 sqft | 280 | 2.68M | 2,477 | ↑3.4% | |
| Residential | |||||
1 Bed · Apartment 764 – 932 sqft | 147 | ||||
2 Bed · Apartment 1,178 – 1,380 sqft | 86 | ||||
3 Bed · Apartment 1,735 – 1,804 sqft | 46 | — | — | — | |
| Commercial | |||||
Shop 2,151 sqft | 1 | — | — | — | — |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 11 Jun 2026 | 2 Bed | Floor 31 | 1,338 | 3,145,000 | 2,350 | 0.0% | Standard | Off-Plan Sale |
| 23 May 2026 | 1 Bed | Floor 42 | 780 | 2,057,000 | 2,638 | 0.0% | Standard | Off-Plan Sale |
| 30 Mar 2026 | 1 Bed | Floor 27 | 796 | 2,002,000 | 2,514 | 0.0% | Standard | Off-Plan Sale |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Dubai Maritime City
The closest-priced registered projects in Dubai Maritime City.
- Oceanz 1 By DanubeAED 2,452/sqft
- Oceanz 2 By DanubeAED 2,514/sqft
- The PierAED 2,523/sqft
- Oceanz 3 By DanubeAED 2,523/sqft
- SariaAED 2,370/sqft
- Nautica OneAED 2,622/sqft
Common questions about Coral Reef
Answered from Dubai Land Department registered transactions.
How much does a property in Coral Reef cost?
Property in Coral Reef sells at a current PIX© price of AED 2,477 per sqft, or about AED 2,676,281 for a typical unit, based on 289 sales registered with the Dubai Land Department.
When is Coral Reef handing over?
Coral Reef is under construction, and is 13% complete against the Dubai Land Department's reported progress.
Who is the developer of Coral Reef?
Coral Reef is developed by DAMAC P S L INVESTMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.
How many units are in Coral Reef?
Coral Reef holds 280 registered units, per the Dubai Land Department unit register.
Have prices in Coral Reef gone up or down?
Price per sqft has risen +3.4% over the last 12 months, to AED 2,477, across 289 registered sales.