Coral Reef
- Under construction · 13% built
- 56 floors
- 6 lifts
- 326 parking bays
- 1 pool
A 1 bed in Coral Reef costs a median AED 2.00M and rents long-let for AED 78,999/yr.
1 bed · typical price
2.00MAED
AED 2,514/sqft
- Rent a year
- AED 78,999
- vs Maritime City
- 12% below the median
Cost to buy, all inAED 2.13M
- Price
- AED 2.00M
- DLD fee 4%
- AED 80,080
- Agent 2% + VAT
- AED 42,042
- Trustee
- AED 4,200
Fees repaid by rent19 months
Is Coral Reef a good investment?Few units are let, few units change hands and lots of new supply is coming; no record of the yield and the rent trend
- Does it pay a good rent?Too few leases or sales to divide one by the otherNo record
- Is it easy to let?4% of units signed a yearly lease in 12 months; the typical Maritime City building manages 1%4%Watch
Maritime City median 1% · top tenth from 24%Coral Reef · 4% Across 20 Maritime City buildings with 40 or more units, the median signed annual leases on 1% of units in 12 months and the top tenth on 24% or more; Coral Reef is at 4%.
- Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
- How fast do fees pay back?AED 126,322 in fees to buy a 1 bed; rent covers it in 1.6 years1.6 yrs
- Can I sell easily?4 sales in 12 months, 1% of the tower (9 the year before)4Watch
- Is a lot being built nearby?4,422 apartments are planned in Maritime City from 2026 to 2028, equal to 2.7 times the 1,617 homes let there today. A further 191 are past their planned date. Maritime City supply by year →274%Watch
- Did earlier buyers gain?Up 3% for launch buyers, before fees+3.5%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
Coral Reef prices and rents by unit typeA one-bed costs about AED 2.00M and rents for about AED 78,999 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Maritime City · area median AED 2,844/sqft
- vs area median
- -11.6%
- Rank by price per sqft
- 20th of 27
Rental income
1 bed · Maritime City
- Median new rent
- AED 78,999/yr
- Renewal rent
- AED 61,215/yr
Read with care
- Thin sample — 3 sales in 12 months. Treat these figures as indicative.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Sale price, AED (right axis) Rent on new leases, AED a year (left axis)
Chart data, 1 bed: Dec 2023, AED 1,891,500; latest, May 2026, AED 2,057,000; peak, Jul 2024, AED 2,212,000. Rent on new leases: Dec 2020, AED 48,077 a year; latest, May 2026, AED 78,999.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,432 · before fees
- Launch, 2023–26
- 2,350
- +3%
- 277 sales
- 3 years ago
- 2,350
- +4%
- 221 sales
- Previous 12 months
- 2,279
- +7%
- 9 sales
- Last 12 months
- 2,432
- today
- 4 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
No resales match the last 12 months. Try another transaction type, bedroom type or period.
Comparables in Maritime City
Every Maritime City building with a page, ranked by price per sqft over the same 12 months, all unit types. Coral Reef places 23rd of 28; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Coral Reef (AED 2,432/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, Coral Reef has registered sale prices 12% below the Maritime City median price per square foot of 2,844 AED, across 27 eligible buildings. It ranks 20th of 27 by price per square foot in Maritime City.
Market context in Maritime City
Registered sales activity
33 ready apartment sales in the 12 months to 2026-10-12.
-0.7% in median AED/sqft versus the preceding year, supported by 33 current and 46 prior price observations.
Explore sales activityPlanned apartment projects
1,152 known registered units across 3 pending projects planned within one year of the 2026-07-06 register.
1 projects had already passed their planned date; 6 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
4,422 apartments are planned in Maritime City from 2026 to 2028, equal to 2.7 times the 1,617 homes let there today.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About Coral Reef
Coral Reef is an under-construction (13% built) apartment building in Maritime City. 289 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 56
- Lifts
- 6
- Parking bays
- 326
- Pools
- 1
Drive times · typical
- Downtown
- 20 min · 12 km
- DXB Airport
- 18 min · 16 km
- DIFC
- 15 min · 9.2 km
- Dubai Marina
- 27 min · 30 km
- Palm Jumeirah
- 34 min · 34 km
Nearest, as registered
Coral Reef: AED 2,432 per sq ft, 12% below the median Maritime City building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Coral ReefAED 2,432
- Maritime City, readyAED 2,068
- Maritime City, off-planAED 3,201
- Dubai, readyAED 1,421
Nearby in Maritime City
Prices per sq ft around Coral Reef, on the mapPrices per sq ft around Coral Reef, on the map
Kanyon By Beyond
Maritime City · 337 sales, 12 months
2.74M
AED, resale median · 2,889/sqft
The Anwa by Omniyat
Maritime City · 25 sales, 12 months
1.79M
AED, resale median · 1,964/sqft
Riva Residence
Maritime City · 17 sales, 12 months
3.35M
AED, resale median · 2,303/sqft
Breez by Danube
Maritime City · 918 sales, 12 months
1.77M
AED, resale median · 3,492/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 1 bedRead with care
- Rental evidence · 1 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Coral Reef’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 8,902AED
- 4.5% over 25 years
- Monthly rent
- 6,583AED
- AED 78,999 a year
- Cash needed at purchase
- 549,742AED
- 20% down plus AED 149,342 in fees
Owning costs AED 202,858 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 3.
Ask about Coral Reef
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Common questions
- What is the rental yield in Coral Reef?
- No gross yield is published for Coral Reef as of 2026-10-12: fewer than 5 new Ejari contracts were registered in the last 12 months. In the last 12 months it had 3 registered sales and 1 new Ejari contract; a published yield needs at least 5 new contracts and 3 sales. The Maritime City median is 4.1% gross.
- How much does a 1 bedroom in Coral Reef cost?
- The median registered sale price is AED 2.00M (2,514 AED/sqft), from 3 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What is the registered annual rent for a 1 bedroom in Coral Reef?
- The median new annual rent is AED 78,999, from 1 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- How many apartments change hands in Coral Reef?
- 3 sales were registered with the Dubai Land Department in the last 12 months, alongside 1 Ejari rental contracts. Every median on this page rests on those counts.
For agents
Send this page to a client as a branded report
Coral Reef sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 3 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/dubai-maritime-city/coral-reef
Cite as: Dubai Wealth Index. “Coral Reef sale prices and yield.” Maritime City, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-maritime-city/coral-reef
Stable dataJSON