Description

Waterfront Luxury 1-3BR Apartments by DAMAC x Babolex

in Dubai Maritime City

Coral Reef is a residential development in the developing area of Dubai Maritime City. Residents can choose a real estate unit from 1–3 bedroom apartments with spacious balconies overlooking the Gulf and tropical gardens. Coral Reef will be especially appreciated by those wishing to live in close proximity to key areas and iconic sights of Dubai

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DAMAC Coral Reef Apartments in Dubai Maritime City

Coral Reef, located in Dubai Maritime City (DMC), is a residential development ideal for family living. The project was created by DAMAC Properties, an Emirati developer known for its luxury communities and projects such as DAMAC Lagoons, DAMAC Hills, DAMAC Bay by Cavalli, Elegance Tower and more. The project is planned to be completed in Q1 2028.

The G+P6+48+R tower is being designed in collaboration with Vincent Faudemer, an established artist from France also called “the “Little Prince of contemporary art”. He creates sculptures influenced by The Little Prince, Babar and other characters. The Babolex figures by Vincent Faudemer are popular among famous people, and the occupants of Coral Reef will also be impressed by the exclusive, one-of-a-kind sculptures, located throughout the communal spaces and in the residences.

Among residences available for purchase in Coral Reef are 1–3 bedroom apartments with living areas ranging from 776 sq. ft to 1,815 sq. ft. From the spacious balconies, ideal for relaxing with your close ones, occupants will be able to enjoy stunning views of the Arabian Gulf and tropical gardens.

Residents of Coral Reef will be offered endless entertainment and leisure options right on the territory of the development. Among them are an infinity LED pool, a mural pool, a lounge in reefs, a gymnasium, a spa with a restaurant, an inflatable coral labyrinth, a beach cinema and more to come.

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Gymnasium
& Fitness

Smart Home
System

Infinity
Pools

Yacht
Marina

Exteriors

Interiors

About Location Dubai Maritime City District

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.