1-bed · 1,017 sqftCoral Reef, Dubai Maritime City · 1st floor

1502, Coral Reef

Sold prices and rental history: sold once, by the developer in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 11 December 2023
Last soldAED 1.82M11 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Coral Reef

What is 1502 worth today?

Last sold for AED 1,821,000 in 2023

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11 Dec 2023Sold by developerOff-plan
AED 1,821,000AED 1,789 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 December 2023.

Key facts

Type
1-bed apartment
Size
1,017 sqft
Floor
1st of 48
Parking
1
Developer
DAMAC
Last sold
AED 1.82M · December 2023
Building
Coral Reef

About 1502, Coral Reef

1502 is a one-bedroom apartment of 1,017 sqft on the 1st floor of Coral Reef, a 48-storey tower in Dubai Maritime City by DAMAC. The developer sold it on 11 December 2023 for AED 1,821,000, or AED 1,789 per sqft, 29% below the AED 2,525 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical one-bed in Coral Reef
1.8M2M2023202420252026Typical sale price by year: 2023 AED 2,015,000; 2024 AED 1,948,160; 2025 AED 1,700,000Sold by developer, December 2023: AED 1,821,000 (AED 1,789 per sqft)

1502 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Coral Reef, and where 1502 sits

All 160 1-beds →

1502 last sold in December 2023 at AED 1,789 per sqft, 29% below what one-beds in Coral Reef were fetching at the time (AED 2,525). Over the last 12 months one-beds sold for AED 1,710,000, around AED 2,172 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
21 May 20251,600,000
30 Apr 20251,833,000
20 Mar 20251,700,000
19 Nov 20241,887,600
1 1-bed sale in the last 12 months

Coral Reef

Building

278 apartments, studios to 3-bed over 48 floors in Dubai Maritime City by DAMAC. 1 sold in the last 12 months.

Typical price per sqft
AED 2,172
Typical sale
AED 1.71M
Typical rent
Few contracts
Typical yield
Coral Reef, Dubai Maritime City: prices, sales and rents →

Other units on the 1st floor

All 278 units in Coral Reef
Value
10012-bedAED 1.86M · Dec 2023
10021-bedAED 1.78M · Dec 2023
10033-bedAED 3.42M · Jan 2024
10041-bedAED 1.77M · Dec 2023
10051-bedAED 2.6M · Dec 2023
1006StudioAED 2.87M · Dec 2023
11012-bedAED 1.86M · Dec 2023
1–7 of 58

1502, Coral Reef in numbers

  • Sold once: by DAMAC on 11 December 2023 for AED 1,821,000, or AED 1,789 per sqft.
  • One-beds in Coral Reef sold for AED 1,710,000–1,710,000 in the 12 months to November 2026; the building's median across all types is AED 2,172 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 11 December 2023.

Questions about 1502, Coral Reef

What did unit 1502 last sell for?

AED 1,821,000 on 11 December 2023, sold by the developer: AED 1,789 per sqft for 1,017 sqft. It is the only registered sale of the unit.

How big is unit 1502?

1,017 sqft (94.5 sqm): a one-bedroom apartment on the 1st floor of a 48-storey tower.

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Coral Reef sold for AED 1,710,000 to 1,710,000 in the last 12 months, around AED 2,172 per sqft.

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Mortgage on 1502, Coral Reef

Starts from the last sale price (AED 1.82M, 11 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,821,000
Deposit, UAE resident (20%)
AED 364,200
Deposit, non-resident (40%)
AED 728,400
Monthly over 25 years at 3.7%
AED 7,450

Plus AED 81,492 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →