Dubai Maritime CityThe property guide
Coral Reef Developer render

Coral ReefDAMAC Properties · The harbour front

A 55-storey DAMAC tower of about 279 homes, with cascading pools and a floating cinema.

1.5 – 2.5MUnder construction1–3 bedFrom AED 1.92M*

The project

Fifty-five floors, pools in cascade.

Coral Reef has 147 one-bedroom, 86 two-bedroom and 46 three-bedroom homes (Propsearch) over 55 storeys. DAMAC’s amenities include cascading pools, a floating cinema and a spa.

  • 55 storeys, about 279 units (Propsearch)
  • Cascading pools, floating cinema, spa (DAMAC)
  • Designed by Buro Kling
  • Due March 2028

Developer

DAMAC Properties

DAMAC says it has delivered more than 50,000 homes. In Dubai Maritime City it builds Harbour Lights, Coral Reef and the six Chelsea Residences towers.

The developer and its Dubai Maritime City projects

Developer
DAMAC Properties
Location
The harbour front
Status
Under construction
Homes
1 to 3-bedroom apartments
Sizes
1 bed 776–943 · 2 bed 1,197–1,399 · 3 bed 1,770–1,815 sq ft (Propsearch)
Starting price
AED 1,919,538*1-bed, Property Finder record (25 Oct 2026); 2-bed from AED 2,978,056, 3-bed from 3,710,044. Propsearch’s launch bands start at AED 1.66 million. Sold out at DAMAC since August 2024
Payment plan
20 % on booking · 50 % during construction · 30 % at handover (Property Finder, Propsearch)
Handover
March 2028 (Propsearch, Property Finder)
Coral ReefDeveloper render
Coral ReefDeveloper render

Sources · Facts checked 25 October 2026

* Starting prices are the lowest published by the source named on each project page, as checked on 25 October 2026: the developer’s own price, a developer press release, or the project record of a property portal. They are indicative, can change without notice as units sell, exclude the 4% Dubai Land Department fee, agency fees and service charges, and are confirmed in writing with each enquiry.

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