185,000 AED / Yearly
MAG Eye, District 7, Mohammed Bin Rashid City, Dubai
- 3 beds
-
4 baths
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1460 sq ft
Anastasia Onishko
Client Manager
160,000 AED / Yearly
Address Harbour Point Tower 1, Address Harbour Point, Dubai Creek Harbour (The Lagoons), Dubai
- 1 beds
-
2 baths
-
714.94 sq ft
Anastasia Onishko
Client Manager
Coral Reef
A New Standard of Luxury Living
About this development
Permit: 71565605964
About Damac Properties
DAMAC Properties is a division of the DAMAC Group, creating landmark residential, commercial, and recreational properties throughout the Middle East and beyond since 1982. Hussain Sajwani, the founder and chairman of DAMAC Properties, is the mastermind behind this top-tier real estate business, established in 2002.
Due to decades of unwavering excellence, DAMAC Properties maintains a reputation of confidence. They have persistently adhered to the maxim of sound design and focus on the little things that make a property unique. The DAMAC brand is now well-known in markets worldwide, from Saudi Arabia to London. Owing to its popularity, DAMAC Properties has entered the market for branded residences, increasing the likelihood of the group's future profitability. It has partnered with well-known labels, including Versace Home, Paramount Hotels and Resorts, Just Cavalli, Rotana Hotels, and the Radisson Group.
This Listing has been verified by Dubai Land Department
Key information
Completion Date
2028Prices from
1,650,000 AEDDevelopment type
1, 2 and 3BRLocation
Dubai Maritime CityAmenties
- Private Pool
- Shared Gym
- Security
- Shared Pool
- Central AC And Heating
- Built in Wardrobes
- Built in Kitchen Appliances
- View of Landmark
- View of Water
- Pets Allowed
- Covered Parking
- Balcony
Heading for gallery
A New Standard of Luxury Living
Coral Reef is nestled in Dubai Maritime City (DMC). The area consists of several clusters, including a business centre with entertainment activities called Maritime Centre, the Industrial Precinct with a ship repair complex, an Academic Quarter for professionals in the marine industry, a marina service area called Marina District, and Harbour Residences and Harbour Offices. Living in Coral Reef will let you enjoy easy access to key areas of Dubai. Thus, travel time to Downtown Dubai and Business Bay will take 25 minutes, while Dubai International Airport will be reachable within 20 minutes. Families with children might be interested in Cambridgeshire Nursery, Dubai Gem Crèche and Nursery, New Academy School, Ambassador School and more. Residents of Coral Reef will be able to get professional medical help in Aster Hospital and International Modern Hospital.
Among the closest leisure destinations to Coral Reef are La Mer Beach, Etihad Museum, Dubai Frame and Burj Khalifa, reachable within 10–25 minutes. The nearest shopping destinations, located within a 20-minute drive, include BurJuman Mall, City Centre Al Shindagha and Dubai Mall. Buying a residence in Dubai Maritime City (DMC) is an ideal investment opportunity. The average ROI in a 1-bedroom apartment in the area is 4.8%. This type of a residence can be rented out from AED 88K (USD 24K) per year. Spending over AED 750K (USD 204K) on a residence in Coral Reef also lets you apply for a 2-year investor visa. Buying a real estate unit costing over AED 2M (USD 545K) enables you, your family members and household staff to get a 10-year Golden Visa.
What about location
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Coral Reef Dubai Maritime City
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https://maps.app.goo.gl/6TavmFmvhcLDNGNJ7
Payment Plan
70%
During Construction
30%
On Completion
Register your interest in Coral Reef
