Coral Reef By DAMAC
- AVA001033Coral Reef By DAMAC, Dubai Maritime City, Dubai, United Arab Emirates
Coral Reef By DAMAC
- AVA001033Coral Reef By DAMAC, Dubai Maritime City, Dubai, United Arab Emirates
Coral Reef by DAMAC is a landmark under-construction tower soaring 54 storeys above the sea on the waterfront of Dubai Maritime City (DMC), a 249-hectare global maritime hub nestled on the shores of old Dubai, across from Port Rashid. Inspired by the bold, vibrant and life-giving forms of coral, the building translates organic, fluid architecture into every level, from its sculptural facade of stacked balconies to its eclectic yet considered amenity spaces. The residences comprise one, two and three-bedroom apartments, each opening to endless sea views and finished with bespoke, meticulously crafted detailing that evokes the colour and movement of undersea life. The beating heart of the tower is its amenities: multiple pools including an infinity LED-lit edge pool engineered to feel like the horizon itself, a residents-only floating pool that doubles as an after-dark cinema, poolside loungers, cabanas and hammock lounges, an above-water coral garden and an immersive coral tunnel, complemented by a serene spa, a fitness gym and a tranquil aquascape foyer designed to make the outside world feel like a distant memory. Dubai Maritime City places residents far from the hustle yet close to the cultural pulse of the city, approximately 16 minutes from Dubai International Airport and 18 minutes from Downtown Dubai and Dubai Design District. The project is developed by DAMAC Properties with handover scheduled for the first quarter of 2028.
Property Details
- Micro-market
- Dubai Maritime City
- Configuration
- Apartment
- Property Type
- Apartment
- Status
- Under Construction
Project Timeline
Key milestones for this project, updated as the developer confirms them.
Project announcement
Booking Started
Construction Started
Expected Completion
To be announced soon
Available Properties
Project variants for under-construction developments - unit types, sizes, starting prices and possession dates.
Inventory Type
| Variant | Size | Starting Price | Possession | CTA |
|---|---|---|---|---|
| 1 BHK | - | ₹5 Cr | Under Construction | |
| 2 BHK | - | Price on request | Under Construction | |
| 3 BHK | - | Price on request | Under Construction |
Amenities
Indoor
- Serene spa
- Fitness gym
- Grand aquascape lobby
Outdoor
- Infinity LED-lit pool
- Residents-only floating cinema pool
- Multiple swimming pools
- Poolside loungers and cabanas
- Hammock lounge and relaxation deck
- Above-water coral garden
- Coral tunnel
Security
- 24/7 security
Other
- Sea and marina views
Property Information
- Community: Dubai Maritime City
- Project Name: Coral Reef by DAMAC
- Listing Price: Starting from ₹5 Cr
- List Date: Aug 27, 2026
- Listing ID: AVA001033
- Status: Under Construction
- Construction Type: Waterfront branded residential tower
- Security: 24/7 security
Legal Information
Indicative legal & tax information based on available documents; verify with your lawyer before transacting.
- RERA Applicable
- Yes
- Occupancy Certificate
- No
- Authority
- Dubai Land Department (RERA)
- Fire NOC
- No
Can you own this, and how?
Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.
I am buying as:
- Status
- Permitted, freehold anywhere in Dubai
- What you actually hold
- You hold freehold title registered with the Dubai Land Department. There is no area restriction on where you may own.
- Key rules and restrictions
- GCC nationals are treated on the same footing as UAE nationals for ownership purposes.
- A company owned wholly by GCC nationals gets the same treatment.
- Some master communities impose their own transfer conditions through the developer.
- Funds and process
- Pay through UAE banking channels. The transfer completes at a Dubai Land Department trustee office where the title deed is issued on the day.
- Taxes
- The Dubai Land Department transfer fee is 4% of the price, split 2% each in law but paid in full by the buyer in most deals, plus a trustee office fee and a title deed issuance fee. There is no annual property tax and no capital gains tax in the UAE.
- Verify before you buy
- Get a title deed copy and check it against the Dubai REST app.
- Ask for the developer no-objection certificate confirming service charges are clear.
Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in the UAE before you commit.
Investment Information
- Type: Off-plan DAMAC Maritime City tower; per-type prices not published (project 'from' price shown)
- Property Tax Jurisdiction: UAE - 0% property tax on residential
About the developer
DAMAC Properties is a Dubai-headquartered residential developer founded in 2002 by Hussain Sajwani, and one of the largest private developers in the UAE. It builds master communities and towers in Dubai and internationally, and is known for fashion-branded residences developed with houses such as Versace and Cavalli. The company was previously listed on the Dubai Financial Market and is now privately held by the Sajwani family.
Location
Coral Reef By DAMAC, Dubai Maritime City, Dubai, United Arab Emirates
- Airport: Dubai International Airport (DXB) - 14 km
- Highway: Sheikh Zayed Road - 3 km
- Railway: BurJuman Metro Station - 6.6 km
- Hospital: Aster Hospital Mankhool - 8 km
- Tourist hub: Meena Bazaar - 10-15 min drive
Around this home
The home plus curated, verified places nearby — each with its own guide.
Ownership economics
Will this home pay for itself?
1Buy
What you pay to own it.
2Earn
What it brings in as a holiday rental.
3Grow
What it could be worth.
Social Infrastructure
Key education, healthcare, and dining amenities near this property.