Damac Coral Reef is proudly situated in Dubai Maritime City (DMC), an enviable location that is far away from the hustle but close enough to have its finger on the pulse of culture. Nestled on the shores of Old Dubai, across from Port Rashid, DMC is spread over 249 hectares and allows its residents the chance to live in a global maritime hub, 16 minutes from Dubai International Airport and 18 minutes from Dubai Design District as well as Downtown Dubai.
A bridge between the past and a thrilling, unknown reality... the future.
Caressed by the sea, inspired by her depths.
Under the serene surface of the ocean lies something truly soul-stirring. Bold. Vibrant, striking, and life-giving. Coral. Individually, no two are ever quite alike, but together? An ethereal underwater city bursting with life, the vivacious inspiration for Damac Coral Reef. From organic, fluid architecture to eclectic, yet considered, amenities, the coral’s influence can be felt throughout the tower and in your very being.
| DESCRIPTION | MILESTONE EVENT | VALUE (%) |
|---|---|---|
| DEPOSIT | IMMEDIATE | 20 |
| 1ST INSTALLMENT | WITHIN 3 MONTHS FROM SALE | 4 |
| 2ND INSTALLMENT | WITHIN 6 MONTHS FROM SALE | 4 |
| 3RD INSTALLMENT | WITHIN 9 MONTHS FROM SALE | 4 |
| 4RD INSTALLMENT | WITHIN 12 MONTHS FROM SALE | 4 |
| 5RD INSTALLMENT | WITHIN 15 MONTHS FROM SALE | 3 |
| 6RD INSTALLMENT | WITHIN 18 MONTHS FROM SALE | 3 |
| 7RD INSTALLMENT | WITHIN 21 MONTHS FROM SALE | 3 |
| 8RD INSTALLMENT | WITHIN 24 MONTHS FROM SALE | 3 |
| 9RD INSTALLMENT | WITHIN 27 MONTHS FROM SALE | 2 |
| 10RD INSTALLMENT | WITHIN 30 MONTHS FROM SALE | 2 |
| 11RD INSTALLMENT | WITHIN 33 MONTHS FROM SALE | 2 |
| 12RD INSTALLMENT | WITHIN 36 MONTHS FROM SALE | 2 |
| 13RD INSTALLMENT | WITHIN 39 MONTHS FROM SALE | 2 |
| 14RD INSTALLMENT | WITHIN 42 MONTHS FROM SALE | 2 |
| 15RD INSTALLMENT | WITHIN 45 MONTHS FROM SALE | 2 |
| 16RD INSTALLMENT | WITHIN 48 MONTHS FROM SALE | 2 |
| 17RD INSTALLMENT | on 70% Completion MileStone | 2 |
| 18RD INSTALLMENT | on 80% Completion MileStone | 2 |
| 18RD INSTALLMENT | on 90% Completion MileStone | 2 |
| 18RD INSTALLMENT | on Completion | 30 |
