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Coral Reef

A 1 bed in Coral Reef costs a median AED 2.00M and rents long-let for AED 78,999/yr.

Satellite view of Coral Reef, Maritime City, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

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

Against this building’s registered sales of the same type.

Ask about Coral Reef →

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

  1. Does it pay a good rent?Too few leases or sales to divide one by the otherNo record
  2. 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%.

  3. Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
  4. 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
  5. Can I sell easily?4 sales in 12 months, 1% of the tower (9 the year before)4Watch
  6. 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
  7. 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

Check an asking price →How each reading works →

Coral Reef prices and rents by unit typeA one-bed costs about AED 2.00M and rents for about AED 78,999 a year

TypeMedian priceGross yieldNew rent12-month changeSales
1 bed147 units · 787 sqftAED 2.00M2,514/sqftunder 5 contractsunder 5 contractsunder 5 sales in a year3
2 bed86 units · 1,259 sqftAED 3.15M2,350/sqftnot yet letnot yet letunder 5 sales in a year1
Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · Maritime City · area median AED 2,844/sqft

Rank by price per sqft
20th of 27

Rental income

1 bed · Maritime City

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)

Median price paid, 1 bed, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

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%
3 years ago
2,350
+4%
Previous 12 months
2,279
+7%
Last 12 months
2,432
today

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.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
19Oceanz 2 By Danube10% · off-plan 2,736/sqftAED 2.00M2,607+7.2%—-2.5%65
20Franck Muller Yachting0% · Q3 2028 · off-plan 2,583/sqftAED 1.62M2,583+6.2%——566
21Oceanz 3 By Danube7% · off-plan 2,388/sqftAED 1.93M2,535+4.2%—-1.6%9
22Nautica One32% · off-plan 2,355/sqftAED 1.73M2,489+2.3%—+2.5%14
23Coral Reef · this building13% · off-plan 2,350/sqftAED 2.03M2,432——4
24Saria by Beyond6% · Q4 2027 · off-plan 2,487/sqftAED 2.94M2,365-2.8%—-5.0%7
25Riva ResidenceCompleted 2026 · off-plan 2,035/sqftAED 3.35M2,303-5.3%2.5%+12.3%17
26The Anwa by OmniyatCompleted 2021 · off-plan 1,875/sqftAED 1.79M1,964-19.3%6.3%-5.7%25
27Harbour Lights26% · Q2 2027 · off-plan 1,911/sqftAED 1.61M1,941-20.2%—-1.3%12

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 activity

Planned 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 supply

Supply 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 counted
Find service-charge budget evidence for Coral Reef

Direct 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.

Pinned from Google's place record for the registered name.Open in Google Maps

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

  1. Coral ReefAED 2,432
  2. Maritime City, readyAED 2,068
  3. Maritime City, off-planAED 3,201
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Upcoming supply in Maritime City, by handover quarter

Prices per sq ft around Coral Reef, on the map
Pills show median sale price, AED. 28 buildings pinned from Google place records and Apple geocoding · Coral Reef is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

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 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.

Residency
More 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.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

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.

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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
Method
Definitions and calculations

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