Coral Reef by Damac

Located in Dubai Maritime City (DMC), Coral Reef is a residential area ideal for family living.
The project is being developed by DAMAC Properties, one of the largest real estate developers known for its luxury communities and projects such as DAMAC Lagoons, DAMAC Hills, DAMAC Bay by Cavalli, Elegance Tower and many more. The project is scheduled to be completed in the first quarter of 2028.

The 48-story residential tower Coral Reef is being designed in collaboration with Vincent Faudemer, a French artist known as the "little prince of contemporary art." He creates sculptures influenced by the Little Prince, Babar and other characters.
Vincent Faudemer's Babolex figurines are popular with famous people and the residents of the Coral Reef are also fascinated by the exclusive, one-of-a-kind sculptures that are placed in public spaces and residences.

Among the residences available for purchase on Korallzátony are 1-3 bedroom apartments with a living area ranging from 776 square meters to 1815 square meters. Residents can enjoy stunning views from the spacious balconies, ideal for close-up relaxation. the Arabian Gulf and the tropical gardens.

The residents of Korallzátony are offered endless entertainment and leisure opportunities right in the area of the development. They include an LED infinity pool, a mural pool, a reef lounge, a gym, a spa with a restaurant, an inflatable coral maze, a beach cinema and more.

Coral Reef is located in Dubai Maritime City (DMC). The area consists of several clusters, including the Maritime Centre, a business hub with entertainment activities, the Industrial District with a ship repair complex, an academic quarter for maritime professionals, the Marina District, a port service area, and the Harbor Residences and Harbour. Offices.

Living in the Reef gives you easy access to key areas of Dubai.
Thus, travel time to Downtown Dubai and Business Bay takes 25 minutes, while Dubai International Airport can be reached within 20 minutes.

Families with children may be interested in Cambridgeshire Preschool, Dubai Gem Nursery and Nursery School, New Academy School, Ambassador School and many more.
Residents of Coral Reef can receive professional medical assistance at the nearby Aster Hospital and International Modern Hospital.

The nearest leisure destinations to the Reef include La Mer Beach, Etihad Museum, Dubai Frame and Burj Khalifa, all within 10-25 minutes.
The nearest shopping malls within a 20-minute drive include BurJuman Mall, City Center Al Shindagha and Dubai Mall.
Buying a residence in Dubai Maritime City (DMC) is an ideal investment opportunity.
The average ROI for a 1 bedroom apartment in the area is 5.8%. This type of apartment can be rented from AED 108,000 per year.

If you spend more than AED 750,000 on an apartment in Coral Reef, you can apply for a 2-year investor visa. If you buy a property worth more than AED 2 million, you, your family members and domestic workers can get a 10-year Golden Visa.