Damac Coral Reef apartments in Dubai Maritime City are the latest projects of the leading real estate company Damac, located in the Akoya area of Dubai. The apartments are characterized by a modern and contemporary design that combines luxury and elegance, offering stunning views of the sea and the city. You can find more details on their website.
Overview of Damac Coral Reef Project:
The Damac Coral Reef project is situated in the Akoya area of Dubai, a luxurious residential area in the heart of the city. The location is central, providing easy access to all vital areas in Dubai. Damac Properties, founded in 2002, is one of the largest and most renowned real estate development companies in the United Arab Emirates. The project covers an area of approximately 1.4 million square feet and includes 8 luxurious residential towers with a wide range of one, two, and three-bedroom apartments.
Damac’s Prominent Projects:
Damac is one of the leading real estate development companies in the UAE, with several distinctive projects in Dubai and around the world, including Burj Khalifa, Akoya Oxygen, Damac Hills, Akoya by Damac Hills, Damac Towers, Akoya Oxygen 2, and Damac Heights Park.
Features and Services of Damac Coral Reef Project:
Damac Coral Reef project offers several exclusive features and services for its residents, including a prime location, modern and luxurious design, breathtaking views, private beach, luxurious water facilities, sports and entertainment facilities, security, parking, and maintenance services.
Prices of Units in Damac Coral Reef Project:
The prices of units in Damac Coral Reef project are expected to range from AED 700,000 to AED 3,500,000. Interested buyers can contact Damac Properties or real estate agencies for more information about available units and pricing.
Payment Plan in Damac Coral Reef:
The initial payment in some plans is 10% of the property’s value. The payment plan allows for equal installments over a specific period, usually ranging from 3 to 5 years. The remaining amount can be paid over a longer period. There is also an option to pay a certain percentage of the property value upon obtaining ownership and defer the rest over a specified period.