PropertyIndex
DAMAC

Coral Reef

Under Construction · Date not reported|280 units · 1 tower
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Coral Reef is an under-construction development by DAMAC in Maritime City, 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 16% below the Maritime City median of AED 2,957 per sqft on registered sales.

PIX© price · ↑0.0% YoY
2.68MAED
Typical
2,477AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
289
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor unknown
…

Land, Coral Reef

Size
Record
May 2020 to Oct 2022
Owners
3
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Owner 326 Oct 20223.9 yrs
Current owner
2Owner 221 May 20202.4 yrs
Owner 1 · Undisclosed—Acquisition date and price not on record
PIX© Airbnb Calculator

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Land · Coral Reef
Occupancy (237 nights)
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Coral Reef

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 YoY
PIX© Core
Project-Wide
764 - 2,151 sqft
2802.68M2,477↑0.0%
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---
No rental contracts registered - the project has not handed over.
Sales - Project-Wide289 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
11 Jun 20262 BedCoral Reef · Floor 311,3383,145,0002,3500.0%StandardOff-Plan Sale
23 May 20261 BedCoral Reef · Floor 427802,057,0002,6380.0%StandardOff-Plan Sale
30 Mar 20261 BedCoral Reef · Floor 277962,002,0002,5140.0%StandardOff-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.

Comparable projects in Maritime City

The closest-priced registered projects in Maritime City.

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 2,679,415 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 in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Coral Reef?

Coral Reef is developed by DAMAC, 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 +0.0% over the last 12 months, to AED 2,477, across 289 registered sales.