Developer Deal
Altitude de GRISOGONO (Canal Crown 2)
DAMAC PropertiesAzizi Riviera 9, Azizi Riviera, Meydan One, Meydan, Dubai, UAE
DLD Waiver
From
AED 1,180,000
Handover
Q4 2029
Payment Plan
70/30
Down Payment
10%
Back to Developer DealsDeveloperDAMAC PropertiesView developer profile
Coral Reef
Skyhills Residence 2, JVC District 18, Jumeirah Village Circle (JVC), Dubai, UAE
DeveloperDAMAC PropertiesView developer profileDLD Waiver
—
Discount
—
Handover
Q4 2029
Post Handover
—
Payment Plan
70%
30%
20% down
About Coral Reef
Endless sea views, unbridled luxury and an aquatic haven all become your daily companion at Coral Reef.Nestled in the heart of Dubai Maritime City, each home at Coral Reef evokes the beauty of the undersea world, creating a living experience that transcends time. Within the tower's elegant walls, a symphony of artistic expression takes form. In a world-first, Vincent Faudemer the ''little prince o…
Project documents
Payment schedule
20/50/30 Payment Plan
- Deposit
- 20%
- During construction
- 50%
- On handover
- 30%
- Post-handover
- 0%
Market Intelligence
Completed transactions in Jumeirah Village Circle (JVC)
Median sale price/sqft
AED 1,264/sqft+9.9%
Median sale price
AED 892,303
Gross rental yield
6.7%
Median annual rent
AED 60,000
Median price/sqft over time
Jan 24Range AED 1,202 – AED 1,350Dec 24
Community activity
LiquidityStrongPrice momentumRising
22,851 sales and 25,208 rentals in the last 12 months
Off-plan vs ready
Off-plan 56.9%Ready 43.1%
Primary vs resale
Primary 56.9%Resale 43.1%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-31 | Helvetia Residences | 3 | 1,640 sqft | AED 2,101,261 | 1,281 |
| 2024-12-31 | Cello Residences Tower B | Studio | 439 sqft | AED 711,000 | 1,619 |
| 2024-12-31 | Helvetia Residences | 1 | 872 sqft | AED 1,092,000 | 1,252 |
| 2024-12-31 | Helvetia Residences | 1 | 659 sqft | AED 985,000 | 1,495 |
| 2024-12-31 | Lucky Oasis Residence | 2 | 1,241 sqft | AED 1,498,000 | 1,207 |
| 2024-12-31 | Helvetia Residences | 2 | 1,262 sqft | AED 1,520,000 | 1,204 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Coral Reef
Our team will send you the complete payment schedule, floor plans and current offer from DAMAC Properties.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about Coral Reef
- What is the handover date for Coral Reef?
- Coral Reef is scheduled for handover in Q4 2029.
- What is the starting price of Coral Reef?
- Prices start from AED 1,660,000. Contact our team for current availability.
- Who is the developer of Coral Reef?
- Coral Reef is being developed by DAMAC Properties.
- Where is Coral Reef located?
- Coral Reef is located in Skyhills Residence 2, JVC District 18, Jumeirah Village Circle (JVC), Dubai, UAE.