Overview Coral Reef by DAMAC Properties is an exclusive waterfront residential development located in Dubai Maritime City , offering a stunning collection of 1, 2, and 3-bedroom apartments . The development is designed in collaboration with Vincent Faudemer , a celebrated French artist, and features interiors inspired by vibrant coral reefs. This luxury high-rise stands 36 floors tall and promises breathtaking views of the Arabian Gulf , lush tropical gardens , and artistic living spaces unlike any other in Dubai. With a starting price of AED 1.65 million and property sizes ranging from 776 sq. ft. to 1,815 sq. ft. , Coral Reef is a unique blend of art, architecture, and coastal living. Strategically positioned just off Sheikh Zayed Road , Coral Reef offers seamless access to the city’s major districts. In just 15–20 minutes, residents can reach: Dubai International Airport Aster Hospital Mankhool Zabeel Park and Dubai Frame Families will benefit from nearby educational institutions such as New Academy School and Little Diamond Nursery , as well as healthcare facilities like Liverpool Medical Clinic and Aster Clinic Ghubaiba . Each apartment at DAMAC Coral Reef has been thoughtfully crafted using high-quality materials and finishes: Living & Dining Areas : Porcelain tiled floors with painted walls Bedrooms : Porcelain floors, built-in wardrobes Bathrooms : Porcelain vanity tops, standard sanitary ware, enclosed showers, mirrors Kitchens : Fully fitted with stone countertops, cabinets, and appliances including refrigerator, cooker, and kitchen hood Furnishing : Apartments are delivered unfurnished , allowing residents to personalize their space Residents of Coral Reef will enjoy access to world-class lifestyle amenities within the tower, designed for comfort, recreation, and luxury: Infinity swimming pools State-of-the-art gymnasium Mural pool & panoramic viewpoints Inflatable coral labyrinth These amenities create a dynamic and exclusive resort-style living experience, making Coral Reef one of the most desirable addresses in Dubai. DAMAC offers a buyer-friendly 70/30 payment plan : 50% During Construction 30% Upon Handover in Q3 2028 High ROI Potential : Dubai Maritime City delivers a 4.8% ROI on 1-bedroom units, with rental rates starting at AED 85,000/year . As infrastructure develops, yields are expected to increase. AED 750K+ investment = 2-Year Residency Visa AED 2M+ investment = 10-Year Golden Visa (includes family and domestic staff) Foreign Ownership : Coral Reef is open to foreign buyers, offering full property ownership rights in Dubai. Developed by DAMAC , a top-tier real estate brand in the UAE known for high-end projects Exclusive design collaboration with Vincent Faudemer , fusing art and living spaces Premium seaside location offering tranquil views and vibrant community life Strategically located near central Dubai for work, entertainment, and education High investment appeal with visa incentives and strong rental yields Packed with resort-style amenities for an enriched, modern lifestyle Unique architectural elements including marine-themed decor and the famous Babolex character 1 to 3-bedroom apartments starting from AED 1.65 million Sizes from 776 sq. ft. to 1,815 sq. ft. Interiors inspired by coral reefs, designed by Vincent Faudemer Stunning sea and tropical garden views Infinity pools & reef lounges Fully equipped gym & panoramic viewpoints Beach cinema, mural pool & coral labyrinth Concierge and luxury lobby services Just 15–20 minutes from Downtown, Business Bay, and Dubai Airport Close to schools, clinics, malls, beaches, and parks Direct access via Sheikh Zayed Road 70/30 payment plan with 24% booking High ROI potential with AED 85K annual rental yield on 1BR units Eligibility for UAE residency and Golden Visa