Dubai Best

CORAL REEF

ACTIVE

By DAMAC · Madinat Dubai Almelaheyah

Median price/sqft
AED 2,350
3-yr CAGR
n/a
Transactions
289
Gross yield
3.1%
Launch → now (est.)
n/a

est. — modelled from compounded CAGR, pending launch-price data.

ACTIVE
Project imagery — coming soon

Project Consist of 1B+G+6P+47F+MECH+R residential building with retail outlets located in Dubai Maritime city, Dubai. The building is designed to have a concrete structure and block with internal and external finishes.

Appreciation — multiple measures

One number can mislead — we show the full picture.

1-yr CAGR
+8.0%
3-yr CAGR
n/a
5-yr CAGR
Provisional — pending DLD licence
Median price
AED 2,149,000
Price/sqft (last 12 months)
AED 2,514
Secondary-market share
0%
Resale-only (est.)
n/a

est.

Like-for-like 1BR (est.)
n/a

est.

Rental yield

Studio
4.6%
1BR
2.8%
2BR
2.6%
3BR
2.2%

Based on this project's own DLD sale + Ejari rent transactions (last 24 months); areas with thin data fall back to community averages. Table = Madinat Dubai Almelaheyah trailing 3-year window.

Price & volume trend

Quarterly median price per sqft (line) against transaction volume (bars).

Recent transactions

12 Jun 2026

Unit
Studio · 480 sqft
Price
AED 1,082,880
AED per sqft
AED 2,256

28 May 2026

Unit
1BR · 760 sqft
Price
AED 1,786,000
AED per sqft
AED 2,350

17 Apr 2026

Unit
1BR · 820 sqft
Price
AED 2,004,080
AED per sqft
AED 2,444

05 Mar 2026

Unit
2BR · 1,180 sqft
Price
AED 2,717,540
AED per sqft
AED 2,303

Sample — representative transactions, pending the transaction-level DLD feed.

Source: DLD transactions (Dubai Pulse) · gifts, bulk & related-party transfers excluded

Project facts

Developer
DAMAC
Area
Madinat Dubai Almelaheyah
Status
ACTIVE
Units
280
Buildings
1
Completion date
n/a
Completed
13%

Source: DLD transactions (Dubai Pulse) · Human-AI-assisted · Not financial advice.

Available now

  • 1BR · 745 sqft

    AED 1,785,765

    Verified 02 Aug 2026

  • 2BR · 1,145 sqft

    AED 2,664,415

    Verified 24 Jul 2026

Illustrative — live listings coming soon.

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Related intelligence

DAMAC profile→Madinat Dubai Almelaheyah area intelligence→Compare nearby projects→

Published by Dubai Best Research · Human-AI-assisted · Methodology & sources disclosed

Not financial advice · Figures nominal unless stated