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Project profile

Coral Reef Project · Dubai Maritime City · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: DAMAC P S L Investment

Data to 4 November 2026

Registered sales
4
Last 12 months
Median off-plan price
—
Per sq ft
Construction progress
32.9%
Under construction

Dubai Land Department lists the project as under construction, 32.9% complete. In the last 12 months, Dubai Land Department registered 4 sales in Coral Reef, worth AED 8.9M in total.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.

Abstract illustration, not an architectural rendering

A project, in progress.

Construction progress32.9%

Under construction

Start
18 October 2023
DLD end date
—
Units
280
Buildings
1

Launch and latest registrations.

Launch price
AED 2,335
First 90 days from Dec 2023, 250 home sales
Last 12 months
—
4 home sales
Change
—
Same home types, AED/sqft

Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.

Coral Reef registered prices, over time.

Median registered price, AED per sq ft

Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Jan 2026
Feb 2026
Mar 2026
Apr 2026
May 2026
Jun 2026

Service charges.

In the area report.

The Dubai Maritime City area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Dubai Maritime City area report

The latest registered sales in Coral Reef.

  • 11 Jun 2026

    Apartment2 bedsOff-plan1,338 sqft

    AED 3,145,0002,351 AED/sqft

  • 25 May 2026

    Apartment1 bedOff-plan780 sqft

    AED 2,057,0002,637 AED/sqft

  • 31 Mar 2026

    Apartment1 bedOff-plan796 sqft

    AED 2,002,0002,515 AED/sqft

  • 18 Nov 2025

    Apartment1 bedOff-plan787 sqft

    AED 1,710,0002,173 AED/sqft

  • 27 Aug 2025

    Apartment1 bedOff-plan780 sqft

    AED 2,100,0002,692 AED/sqft

  • 21 May 2025

    Apartment1 bedOff-plan779 sqft

    AED 1,600,0002,054 AED/sqft

  • 30 Apr 2025

    Apartment1 bedOff-plan787 sqft

    AED 1,833,0002,329 AED/sqft

  • 20 Mar 2025

    Apartment1 bedOff-plan787 sqft

    AED 1,700,0002,160 AED/sqft

  • 28 Feb 2025

    Apartment2 bedsOff-plan1,178 sqft

    AED 2,994,0002,542 AED/sqft

  • 20 Feb 2025

    Apartment2 bedsOff-plan1,178 sqft

    AED 3,218,0002,732 AED/sqft

Questions about Coral Reef

How many homes were sold in Coral Reef in the last 12 months?

In the last 12 months, Dubai Land Department registered 4 sales in Coral Reef, worth AED 8.9M in total. Registered sales to 4 November 2026.

When is Coral Reef due to be completed?

Dubai Land Department lists the project as under construction, 32.9% complete.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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