GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C

Coral Isle Residences

Under Construction · Due Q1 2027|68 units · 1 building

Alerts: Get notified of every new DLD-registered sale and rental contract.

Coral Isle Residences is an under-construction apartment development by GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C in Palm Deira, comprising 68 registered units. 1 sale is registered with the Dubai Land Department, at a current PIX© price of AED 2,155 per sqft. At AED 2,155 per sqft, Coral Isle Residences prices 14% below the Palm Deira average of AED 2,496 per sqft on registered sales.

PIX© price

2.31MAED

Typical

2,155AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationPalm Deira in Palm Deira

Drive times · typical

Downtown Dubai20 min · 19.0 km

DXB Airport16 min · 18.6 km

DIFC22 min · 16.7 km

Dubai Marina33 min · 37.7 km

Palm Jumeirah33 min · 39.1 km

Nearest · straight-line

Metro stationGold Souq Metro Station 21.7 km

MallKeswa0.4 km

SchoolGreen Leaves Early Childhood Center1.6 km

HospitalBelhoul Speciality Hospital LLC Deira1.3 km

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Coral Isle Residences2,155AED/sqft · project-wide

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 826 – 1,964 sqft	68	2.31M	2,155	—
1 Bed · Apartment 826 – 1,086 sqft	27	—	—	—	—
2 Bed · Apartment 1,150 – 1,769 sqft	35			—
3 Bed · Apartment 1,823 – 1,964 sqft	6	—	—	—	—

No rental contracts registered — the project has not handed over.

Sales — Project-Wide1 DLD records

PIX© price analysis

All time

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
20 Jul 2026	Floor 6	1,073	2,312,000	2,155	—	Standard	Off-Plan Sale
1 Dec 2023	—	27,943	15,678,800	561	—	Standard	Payment Plan Sale

Rentals — Project-Wide

PIX© rent analysis

No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Coral Isle Residences

Compared with

Beach Walk Residences 2

PIX© PSF

2,155

Rank

—

#25 of 59

Typical price

2.31M

Yield

—

Units

Sales

Rents

—

Developer

GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C

IMTIAZ GHD REAL ESTATE DEVELOPMENT L.L.C

Handover

Due 2027

Due 2026

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Beach Walk Residences 2 IMTIAZ GHD REAL ESTATE DEVELOPMENT L.L.C · Due 2026 · Off-plan pricing	63					42	—
	Ocean Pearl 2 By SD SAMANA STAR REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	96					77	—
	Isolana Residences HAYAAT IKHLAQ DEVELOPMENTS L.L.C · Due 2027 · Off-plan pricing	73					45	—
	Nautis Residences STAMN REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	63					23	—
	Cotier House 1 By Imtiaz IMTIAZ GHD REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	137					137	—
–	Coral Isle Residences GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	68	2,155	Subject	2.31M	—	2	—
	Ayamore Residence AYAT REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	94					81	—
	SUNSET BAY FIVE by Imtiaz IMTIAZ UG REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	62					56	—
	Luzora Residences D I A HOMES REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	108					26	—
	Wellington Ocean by ANK Motiwala Developments A N K MOTIWALA REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	49					32	—
	Coastal Haven by Prestige Harbour Real Estate Development PRESTIGE HARBOUR REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	73					64	—

Community median 2,148 AED/sqft. Showing the closest-ranked peers of 59 ranked projects in the community. 9 community projects excluded for insufficient recorded sales. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Palm Deira

The closest-priced registered projects in Palm Deira.

Ayamore ResidenceAED 2,151/sqft
Vayla ResidencesAED 2,140/sqft
Agua Residences by Citi Developers - Tower 2AED 2,125/sqft
Beach Residences Dubai IslandsAED 2,117/sqft
Beach Walk Residences 1AED 2,095/sqft
Ocean Pearl 2 By SDAED 2,219/sqft

Common questions about Coral Isle Residences

Answered from Dubai Land Department registered transactions.

How much does a property in Coral Isle Residences cost?

Property in Coral Isle Residences sells at a current PIX© price of AED 2,155 per sqft, or about AED 2,312,000 for a typical unit, based on 1 sales registered with the Dubai Land Department.

When is Coral Isle Residences handing over?

Coral Isle Residences is under construction, due q1 2027.

Who is the developer of Coral Isle Residences?

Coral Isle Residences is developed by GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Coral Isle Residences?

Coral Isle Residences holds 68 registered units, per the Dubai Land Department unit register.