About DAMAC «Coral Reef»

DAMAC «Coral Reef» is an off-plan development by DAMAC in Sheikh Zayed Road, Dubai. Entry price is AED 2,100,000.

Rising in the waterfront setting of Maritime City, Coral Reef by DAMAC is a luxurious residence whose architecture takes its cues from the organic forms of coral reefs, blending naturally with its coastal surroundings. The tower follows a G+6P+48+R configuration, with a ground level, six podium levels, 48 residential floors and a rooftop, crafted from high-quality materials for lasting durability and aesthetic appeal.

Residences and specifications

The project comprises one- to three-bedroom apartments designed with modern solutions and premium finishes. Many units offer panoramic views of the sea and the cityscape, creating a cosy yet elevated atmosphere. Homes are available from AED 2,100,000, with a representative layout measuring approximately 780 sq ft, and are offered under a payment plan with no post-handover component.

Amenities

Residents enjoy a comprehensive amenity offering, including swimming pools with dedicated relaxation areas, fitness centres, spa and wellness zones, and barbecue and picnic areas. Children's playgrounds are provided throughout, while 24-hour security and a video-surveillance system ensure a safe and well-managed living environment.

Location and lifestyle

Maritime City is a prestigious waterfront district positioned between the historic Port Rashid and the business hub of Downtown Dubai, uniting residential living, business infrastructure and the yachting industry. The area is defined by a modern, dynamic lifestyle centred on coastal living, with stylish restaurants, cafés, fitness centres, boutiques and cultural venues. Yacht clubs, lounge areas and event spaces animate the waterfront, making the district ideal for families seeking comfort and security as well as professionals who prefer seaside living close to the centre.

Connectivity

Coral Reef is strategically located between Port Rashid and Dubai's Drydocks World, just five minutes from La Mer Beach and Mina Rashid, with Downtown Dubai, Dubai Mall and Burj Khalifa around fifteen minutes away. The wider district is served by Sheikh Zayed Road and Al Mina Street, with the Al Ghubaiba and Al Fahidi metro stations reachable within ten to fifteen minutes and water transport linking the area to other coastal zones.

Ownership and investment

Coral Reef is offered on a freehold basis, allowing full international ownership. Buyers should budget for the standard 4% DLD (Dubai Land Department) fee. Because the entry price reaches AED 2,000,000 and above, an eligible purchase can also support a UAE Golden Visa application, adding long-term residency value to a distinctive waterfront home.

Why buy here

With its reef-inspired architecture, sea views and a prime position within Dubai's emerging coastal district, Coral Reef offers a compelling blend of lifestyle and investment potential. The one- to three-bedroom range makes the tower accessible to a variety of buyers, from professionals seeking a stylish seaside base to families and investors drawn to the emerging identity of Maritime City as a new centre of coastal living close to the historic Port Rashid and Downtown Dubai. To explore availability, floor plans and payment options, visit offplans.com and connect with our team.

About DAMAC

DAMAC Properties is one of the largest private developers in Dubai and one of the most recognisable, partly through branded residences carrying names from outside property: Cavalli, de GRISOGONO, Versace. It builds at volume across the full range, from mid market apartments to villa communities with artificial lagoons.

What do they build?

Apartments, townhouses and villas, and a lot of them. The two things DAMAC is best known for are the master communities out along the Al Ain road, and the branded towers in the central districts. We are currently marketing 34 completed DAMAC properties from AED 55,000.

Where do they build?

DAMAC tends to build its own districts rather than buy into other people's, which is why so many carry the name.

Damac Lagoons: 24 properties
Business Bay: 2 properties
Damac Hills: 2 properties
Damac Hills 2: 2 properties
Jumeirah Village Circle: 2 properties
Al Marjan Island: 1 property

DAMAC Hills and DAMAC Lagoons are the two large villa and townhouse communities. Business Bay and the central towers are a separate proposition entirely.

What should you check before buying?

Which phase, and what is still to be built. The lagoon communities are large and delivered in clusters. An early cluster means living beside construction for years.
Service charges on the amenity heavy schemes. Lagoons, wave pools and landscaped beaches are expensive to run and that cost recurs annually.
How far out you actually are. Drive the commute at rush hour before you buy. The price difference against a central district is real, and so is the journey.
How much similar stock releases in the same year. DAMAC builds at volume, and in its own communities your competition at resale is often the same developer.
What a branded residence premium is buying you. Sometimes a genuinely different specification, sometimes a name on the lobby. Worth separating.

Are they a safe developer to buy from?

DAMAC has delivered at scale in Dubai over a long period, and completion is not the concern. The things to weigh are the ones that come with volume: a lot of comparable units arriving together, service charges on amenity led schemes, and locations that are cheaper because they are further out. All three are knowable before you commit.

All DAMAC projects