Apartment for Sale in Maritime city by Damac
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Off Plan

Coral Reef

developer logoDAMAC Properties
Dubai Maritime City, Dubai
Apartment
0% Completed

About Property

Experience Luxury Living at Coral Reef, Dubai Maritime City

Welcome to Coral Reef at Dubai Maritime City, where luxury meets convenience in the heart of Dubai. This premier residential development by Damac Properties offers an array of luxury 1, 2, and 3-bedroom apartments, each meticulously designed to epitomize the epitome of luxury living. Nestled within the vibrant waterfront, Coral Reef boasts a stunning 48-storey high-rise tower with exclusive waterfront amenities, beach areas, and breathtaking waterfront views, providing residents with a truly unparalleled living experience.

Unmatched Amenities

Residents of Coral Reef can indulge in world-class amenities, including a shared pool, concierge service, and broadband internet. The meticulously designed interiors and thoughtfully crafted amenities ensure a convenient and comfortable stay for all residents.

Convenient Location

Strategically located in Dubai Maritime City, Coral Reef offers easy access to all the major attractions and business hubs of the city. With its proximity to Sheikh Zayed Road and Dubai International Airport, commuting in and out of the development is a breeze. The nearby Dubai Marina, Jumeirah Beach Residence, and Downtown Dubai provide endless entertainment, dining, and retail options, ensuring residents can make the most of their leisure time.

Pricing

Prices for the luxury apartments at Coral Reef at Dubai Maritime City range from 4,221,000 AED to 4,221,000 AED, offering a range of options to suit different preferences and budgets.

Is This Home Your Lifestyle Match?

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Amenities

Shared Pool
Shared Pool
Broadband Internet
Broadband Internet
Lobby
Lobby
Concierge Service
Concierge Service

Location

Dubai Maritime City, Dubai

Expected ROI

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Layouts and Prices

Transaction History

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Payment Plans

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Photos

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Finishing examples
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Overview

Why Invest in Dubai?

High Rental Income

Dubai real estate offers lucrative rental yields for property investors.

Tax-Free Investing

Dubai has no income or property taxes, allowing your investments to grow tax-free.

World-Class Education

Dubai has prestigious international schools for top-notch education.

Safe and Secure

Dubai offers safety and stability for families and investors.

Lifestyle & Leisure

Dubai offers abundant amenities and entertainment for an enjoyable lifestyle.

Residency Benefits

Investing in Dubai real estate enables residency for your family.

Frequently Asked Questions

What is Kyna and how does it differ from other real estate platforms in Dubai?

Kyna is a unique real estate platform in Dubai that places a strong emphasis on transparent and genuine guidance for investors. Here’s how Kyna stands out:

  • Genuine Guidance: Kyna focuses on building real relationships, assisting investors at every turn.
  • Transparent Pricing: Prioritizing affordability, Kyna ensures no hidden costs and maximizes your savings.
  • Bespoke Tours: Tailored real estate tours and insightful investment advice for informed decisions.
  • AI-Powered Insights: Advanced AI tools speed up searches and offer insights into current and future property values.
  • Data Trustworthiness: Kyna's commitment ensures your personal information remains confidential and secure.
  • Visa Assistance: Simplifying the process, Kyna aids clients in obtaining their Dubai residential visas.

What are the regulations for owning property in Dubai as a foreigner?

Foreign nationals can own property in designated freehold zones in Dubai. They can secure absolute ownership rights for up to 99 years without leasehold or usufruct obligations. Title deeds are issued by the Dubai Land Department, and there are no age restrictions on property ownership. Notable freehold areas include Business Bay, Downtown Dubai, Discovery Gardens, Palm Jumeirah, and DIFC Dubai.

Are there any restrictions on the types of properties foreigners can buy in the UAE?

Foreign nationals can buy property with complete ownership rights in designated freehold zones. In other areas, they may only have tenancy rights over the physical structure. Freehold property owners may also be eligible for the UAE Golden Visa. It is advisable to seek independent legal and tax advice before making any decision.

How does the property buying process in Dubai differ from other emirates in the UAE?

In Dubai, property buyers must validate the property title deed with the Dubai Land Department (DLD) before registering the property. Costs involved include transfer fees, registration fees, and service charges. There are specific laws governing property ownership by foreign nationals. Understanding financing laws, mortgage requirements, and lease agreements is crucial. It is recommended to seek independent legal and tax advice.

What are the key benefits of investing in property in Dubai or the UAE?

Key benefits include:

  1. Stable and growing economy
  2. Tax advantages (no personal income tax, no capital gains tax)
  3. High rental yields
  4. High standard of living
  5. Continuous infrastructure development
  6. Freehold ownership for foreigners
  7. Diverse property types
  8. Status as a global business and tourist hub
  9. High-quality real estate
  10. Potential eligibility for residency or long-term visas
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From$1,139,670.00
Book At$227,934.00