- Super luxury 1-3 bedroom apartments
- Book with just 5% Down
- 5 year interest free payment plan
- Qualify for the UAE Golden Visa
- Most affordable waterfront project in Dubai
The Most Elegant and Exclusive oceanfront tower in Dubai. Experience true luxury with Damac branded by Babolex.
Coral Reef by Damac.
A project by DAMAC Properties, Coral Reef offers splendid beach houses, a high-rise tower with exceptional waterfront amenities, and serene living. Carefully crafted for comfort, its contemporary design, private beaches, and stunning Gulf views create a sophisticated oasis. Choose unique studios and apartments for a remarkable lifestyle.
Coral Reef features a high-rise tower that boasts exceptional waterfront amenities, providing an unparalleled living experience for the residents. Every detail of the project is carefully handcrafted to offer a convenient and comfortable lifestyle.
Damac Coral Reef Features
Simple booking process
Simply pay the 10% booking fee and immediately reserve your unit. Credit card accepted.
Interest free 4-year payment plan
Easy interest free 4-years payment plan offered directly from Damac.
High returning property
Damac Coral Reef has expected returns of 20%+ per year.
Live in luxury
Residences branded by Babolex. Ultra luxury designer homes by Damac.
Golden visa opportunity
Any purchases above 2,000,000 AED will qualify you for the 10-year UAE Golden visa.
Oceanfront Property
Damac Coral Reef will be situated directly on the water with clear ocean views.
Payment Plan.
Damac Coral Reef will come with a multi-year payment plan.
- 5% to book your home.
- 75% paid during construction.
- 20% upon completion of property.
- At completion residents of UAE will be able to apply for a mortgage on the property.
Frequently Asked Questions
When will this project be completed?
Damac Coral Reef will be completed by March 2028.
What payment types do you accept?
We accept all types of payment including bank transfer, credit card, cryptocurrency, and cash.
How much initial deposit is required?
To book your unit, an initial deposit of 5% is required.
Can I re-sell my unit before completion?
As soon as you sign the sales and purchase agreement, you may sell the property to another buy and transfer the payment plan.
Do I need to be in the UAE to complete the purchase?
All paperwork and money transfers can be done outside of the country. We can schedule a video call with one of our agents who will give you a clear understanding of the project without being here in person.
What happens if I miss a payment?
You will be required to make the payment as soon as possible. We can discuss a payment timeline that works for you in this situation.
Register to download prices and payment plans