Apartment in Coral Reef Damac
Bedrooms: 1
Bathrooms: 1
Square: 72.5 
Apartment Coral Reef DamacCoral Reef, located in Dubai Maritime City (DMC), is ideal for family living. The project was created by Emirati developer DAMAC Properties, known for its luxury communities and projects such as DAMAC Lagoons, DAMAC Hills, DAMAC Bay by Cavalli, Elegance Tower and others. Completion of the project is scheduled for the 1st quarter of 2028.
Location:
— Coral Reef is located on the territory of Dubai Maritime City (DMC). The area consists of several clusters, including a business center with entertainment activities called the Maritime Centre, an industrial site with a ship repair complex, an academic district for maritime industry professionals, a marina service area called the Marina District, and Harbor Residences and Harbor Offices.
– Staying at Coral Reef will allow you to enjoy easy access to key areas of Dubai. Thus, the travel time to the center of Dubai and Business Bay will take 25 minutes, and Dubai International Airport can be reached in 20 minutes.
— Families with children may be interested in Cambridgeshire Nursery, Dubai Gem Creche and Nursery, New Academy School, Ambassador School and others. Residents of Coral Reef will be able to receive professional medical care at Aster Hospital and International Modern Hospital.
– Some of the closest holiday destinations to Coral Reef include La Mer Beach, the Etihad Museum, the Dubai Flight and the Burj Khalifa, which can be reached within 10-25 minutes. Nearby shopping malls, a 20-minute drive away, include BurJuman Mall, City Center Al Shindagha and Dubai Mall.
Economic attractiveness:
— Buying a home in Dubai Maritime City (DMC) is an ideal investment opportunity. The average ROI for a 1-bedroom apartment in the area is 4.8 %. Such housing can be rented out at prices starting from 88 thousand dirhams (24 thousand US dollars) per year.
— After spending more than 750 thousand dirhams (204 thousand US dollars) on housing in Coral Reef, you can also apply for a 2-year investor visa
— In addition, in view of the growing real estate market in Dubai, you can profitably resell this property after its construction is completed.
Residents of Coral Reef will be offered a variety of entertainment and recreation options right on site. Among them are an LED infinity pool, a pool with frescoes, a lounge area, a gym, a spa with a restaurant, an inflatable coral labyrinth, a beach cinema and much more.
FACILITIES
Nailya Fadeeva
