Waterfront Luxury 1-3BR Apartments by DAMAC x Babolex in Dubai Maritime City


Coral Reef is a residential development in the developing area of Dubai Maritime City. Residents can choose a real estate unit from 1–3 bedroom apartments with spacious balconies overlooking the Gulf and tropical gardens. Coral Reef will be especially appreciated by those wishing to live in close proximity to key areas and iconic sights of Dubai

In a world-first, Vincent Faudemer the ''little prince of contemporary art'' collaborates with DAMAC to create exclusive pieces of his famed Babolex that stand proud as icons of whimsy and wonder alike.


• Porcelain tiled floors
• Painted walls


• Kitchen fitted with cabinet and stone countertop.
• Kitchen appliances – Refrigerator, cooker, Kitchen hood
• Porcelain tiled flooring
• Painted Walls
• Stainless Steel sink with fittings


• Porcelain tiled floor.
• Painted walls
• Built in wardrobe


• Porcelain tiles flooring
• Porcelain vanity top in all the bathroom
• Shower Enclosure
• Standard sanitary ware, fittings, and accessories
• Mirror in all the bathroom

Key Highlights:

  • High-rise 48-storey development with luxury 1, 2 & 3 bedroom apartments.
  • Limited-editions famed Babolex just for this exclusive project.
  • Exclusive waterfront location at Dubai Maritime City.
  • Breathtaking waterfront views of the Gulf and Dubai skyline.
  • Exclusive beach areas and waterfront promenades for leisure and relaxation.
  • Infinity pools offer a refreshing retreat amidst stunning surroundings.
  • Seamless connectivity to Dubai’s major attractions and business districts.
  • Meticulously crafted communal spaces fostering a sense of community.
  • Flexible payment plans catering to the financial needs of potential buyers.


1 Bedroom Apartment

725.5 Sq Ft

AED 1.65 M

2 Bedroom Apartment

1,149 Sq Ft

AED 2.52 M

3 Bedroom Apartment

1,639 Sq Ft

AED 3.32 M

Frequently Asked Questions & Answers

Coral Reef is located in Dubai Maritime City (DMC), on the shores of Old Dubai, across Mina Rashid and close enough to the key areas of the emirate.

Among residences on offer in Coral Reef are 1–3 bedroom apartments.


Coral Reef is a perfect investment tool. Units here will be in demand among tenants. The average rental yield in Dubai Maritime City (DMC) for a 1-bedroom apartment is 4.8%. This type of a unit can be rented out from AED 88K (USD 24K) annually.

As of Q3 2023, the initial cost of a 1-bedroom apartment in Coral Reef is AED 1.7M (USD 463K).

The closest schools to Coral Reef include New Academy School and Ambassador School.


Residents of Coral Reef will have access to an infinity LED pool, a lounge in reefs, a gymnasium with modern equipment, a spa with a restaurant, an inflatable coral labyrinth, a beach cinema, etc. 


As of Q3 2023, the public transportation system isn’t developed in the surroundings. However, in case you have a car, you will be able to get to Downtown Dubai within a 25-minute drive. 


Coral Reef will be in high demand among families with children. Spacious residences with large balconies and thoughtful layouts, as well as a wide range of luxury amenities on the territory of the community and easy connection to social infrastructure objects will be appreciated by future residents of the development. 


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