Waterfront Living | Luxury 1BR | Premium Unit

Type: Apartment
Bedrooms: 1
Bathrooms: 1
Built-up area: 779 sqft
Price per sqft: 2,298 AED
Handover: Q1 2028

28% below the typical Maritime City · apartment · 1BR · SALE

Cheaper than 95% of the 102 comparable listings we hold

CheaperTypical 877 USD/sqftDearer

Compared per square foot against 102 live listings: Maritime City · apartment · 1BR · SALE. Median and quartiles, not averages.

What this property actually returns

Purchase price

AED

Annual rent

AED

Service charge, per year

AED

Empty between tenants

weeks

Management

Maintenance allowance

Count the one-off buying costs in the basis (transfer, agency, admin)

Gross yield

6.3%

Net yield · Estimate

4.5%

What reaches you in a year

85,671 AED

At these figures the net income returns the outlay in about 22.2 years.

Rent collected, after vacancy: 110,769 AED
Service charge: −14,022 AED
Management: −5,538 AED
Maintenance allowance: −5,538 AED

Not included: mortgage interest, income tax in your own country, furnishing, the DEWA deposit, and any special assessment the building levies. Rents here are quoted yearly and usually paid in one to four cheques.

Rates and thresholds last reviewed 2026-08-18. They change — we confirm the current ones before you commit.

Does this property qualify for the golden visa?

Property value

AED

Your ownership

Mortgage outstanding

AED

This does not clear it yetEstimate

Qualifying value in your name

1,790,000 AED

The threshold is 2,000,000 AED of qualifying value — this is 210,000 AED short.

This checks the property route only, and it is not legal advice. Other routes (salary, entrepreneurship, specialised talent) have their own tests, and every application is assessed on the file as submitted.

Rates and thresholds last reviewed 2026-08-18. They change — we confirm the current ones before you commit.

Property details

Type: Apartment
Purpose: For sale
Bedrooms: 1
Bathrooms: 1
Built-up area: 779 sqft (72 m²)
Ownership: Freehold
Handover: Q1 2028
Developer: Damac Properties
Project: Coral Reef
DLD permit: 71524478112

Description

Property Highlights: Brand-new luxury 1-bedroom apartment in Coral Reef by DAMAC Contemporary design with stylish interiors Spacious open-plan living and dining areas Floor-to-ceiling windows with stunning Arabian Gulf views Modern kitchen with premium fittings Balcony to enjoy serene waterfront living

Building & Community Features: Infinity swimming pools with panoramic sea views Fully equipped gymnasium & wellness center Luxury spa, lounges, and landscaped leisure areas Dedicated kids’ play areas Exclusive retail and dining outlets within the development 24/7 security, concierge, and valet services Strategic location in Dubai Maritime City, minutes away from Downtown, DIFC, and Jumeirah

Coral Reef offers an unmatched seafront lifestyle with world-class amenities and strong investment potential. Ideal for both end-users seeking modern coastal living and investors targeting high rental returns.

For inquiries and viewings, contact:

Location

Coral Reef, Maritime City, Dubai

The pin is approximate and reflects the property's area.

Property details

Description

Location

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