DAMAC Coral Reef at Dubai Maritime City - Damac

Coral Reef is located in Dubai Maritime City (DMC), on the shores of Old Dubai, across Mina Rashid and close enough to the key areas of the emirate.

Among residences on offer in Coral Reef are 1–3 bedroom apartments.

Coral Reef is a perfect investment tool. Units here will be in demand among tenants. The average rental yield in Dubai Maritime City (DMC) for a 1-bedroom apartment is 4.8%. This type of a unit can be rented out from AED 88K (USD 24K) annually.

As of Q3 2023, the initial cost of a 1-bedroom apartment in Coral Reef is AED 1.7M (USD 463K).

The closest schools to Coral Reef include New Academy School and Ambassador School.

Residents of Coral Reef will have access to an infinity LED pool, a lounge in reefs, a gymnasium with modern equipment, a spa with a restaurant, an inflatable coral labyrinth, a beach cinema, etc.

As of Q3 2023, the public transportation system isn’t developed in the surroundings. However, in case you have a car, you will be able to get to Downtown Dubai within a 25-minute drive.