Studio · 531 sqftCoral Reef, Dubai Maritime City · 1st floor

1606, 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.

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Unit 1606 · DLD and Ejari recordsUpdated 7 December 2023

Last soldAED 2.95M7 December 2023

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Today's valuefree after one verification

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Property timeline for 1606, Coral Reef

Today

What is 1606 worth today?

Last sold for AED 2,946,000 in 2023

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7 Dec 2023

7 Dec 2023Sold by developerOff-plan · flagged as an outlier

AED 2,946,000AED 5,548 per sqft

Source: Dubai Land Department. Updated 7 December 2023.

Key facts

Type: Studio apartment
Size: 531 sqft
Floor: 1st of 48
Parking: 1
Developer: DAMAC
Last sold: AED 2.95M · December 2023
Building: Coral Reef

About 1606, Coral Reef

1606 is a studio of 531 sqft on the 1st floor of Coral Reef, a 48-storey tower in Dubai Maritime City by DAMAC. The developer sold it on 7 December 2023 for AED 2,946,000, or AED 5,548 per sqft, 79% above the AED 3,108 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Studios in Coral Reef, and where 1606 sits

All 22 studios →

Coral Reef · all types2,432 /sqft

1606 last sold in December 2023 at AED 5,548 per sqft, 79% above what studios in Coral Reef were fetching at the time (AED 3,108).

Recent studio sales	Size	Price (AED)	Per sqft
25 Dec 202325 December 2023	531 sqft	3,203,000	6,032
14 Dec 202314 December 2023	531 sqft	3,014,000	5,676
11 Dec 202311 December 2023	531 sqft	3,081,000	5,802
11 Dec 202311 December 2023	531 sqft	2,938,000	5,533

0 studio sales in the last 12 months

Coral Reef

Building

278 apartments, studios to 3-bed over 48 floors in Dubai Maritime City by DAMAC. 4 sold in the last 12 months.

Typical price per sqft: AED 2,432
Typical sale: AED 2.03M
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


1001	2-bed	1,454 sqft	AED 1.86MAED 1,855,000 · Dec 2023December 2023
1002	1-bed	1,017 sqft	AED 1.78MAED 1,783,000 · Dec 2023December 2023
1003	3-bed	1,735 sqft	AED 3.42MAED 3,418,000 · Jan 2024January 2024
1004	1-bed	994 sqft	AED 1.77MAED 1,771,000 · Dec 2023December 2023
1005	1-bed	1,029 sqft	AED 2.6MAED 2,599,000 · Dec 2023December 2023
1006	Studio	531 sqft	AED 2.87MAED 2,865,000 · Dec 2023December 2023
1101	2-bed	1,454 sqft	AED 1.86MAED 1,863,000 · Dec 2023December 2023
1102	1-bed	1,017 sqft	AED 1.79MAED 1,790,000 · Dec 2023December 2023
1103	1-bed	994 sqft	AED 3.59MAED 3,593,000 · Dec 2023December 2023
1104	1-bed	994 sqft	AED 1.78MAED 1,780,000 · Dec 2023December 2023
1105	1-bed	1,029 sqft	AED 2.61MAED 2,610,000 · Dec 2023December 2023
1106	Studio	531 sqft	AED 2.98MAED 2,980,000 · Dec 2023December 2023
1201	2-bed	1,454 sqft	AED 1.87MAED 1,871,000 · Dec 2023December 2023
1202	1-bed	1,017 sqft	AED 1.8MAED 1,799,000 · Dec 2023December 2023
1203	1-bed	994 sqft	AED 3.52MAED 3,522,000 · Dec 2023December 2023
1204	1-bed	994 sqft	AED 1.79MAED 1,786,000 · Dec 2023December 2023
1205	1-bed	1,029 sqft	AED 2.62MAED 2,623,000 · Dec 2023December 2023
1206	Studio	531 sqft	AED 2.89MAED 2,892,000 · Dec 2023December 2023
1301	1-bed	793 sqft	AED 1.88MAED 1,879,000 · Jan 2024January 2024
1302	1-bed	1,017 sqft	AED 1.81MAED 1,806,000 · Dec 2023December 2023
1303	1-bed	994 sqft	AED 3.63MAED 3,630,000 · Dec 2023December 2023
1304	1-bed	994 sqft	AED 1.76MAED 1,759,100 · Dec 2023December 2023
1305	1-bed	1,029 sqft	AED 2.63MAED 2,634,000 · Dec 2023December 2023
1306	Studio	531 sqft	AED 3.01MAED 3,008,000 · Dec 2023December 2023
1401	2-bed	1,454 sqft	AED 1.89MAED 1,887,000 · Dec 2023December 2023
1402	1-bed	1,017 sqft	AED 1.82MAED 1,815,000 · Dec 2023December 2023
1403	1-bed	994 sqft	AED 3.56MAED 3,558,000 · Dec 2023December 2023
1404	1-bed	994 sqft	AED 1.8MAED 1,802,000 · Dec 2023December 2023
1405	1-bed	1,029 sqft	AED 2.65MAED 2,647,000 · Dec 2023December 2023
1406	Studio	531 sqft	AED 2.92MAED 2,919,000 · Dec 2023December 2023
1501	2-bed	1,454 sqft	AED 1.9MAED 1,895,000 · Dec 2023December 2023
1502	1-bed	1,017 sqft	AED 1.82MAED 1,821,000 · Dec 2023December 2023
1503	1-bed	994 sqft	AED 3.67MAED 3,666,000 · Dec 2023December 2023
1504	1-bed	994 sqft	AED 1.77MAED 1,774,780 · Dec 2023December 2023
1505	1-bed	1,029 sqft	AED 2.66MAED 2,658,000 · Dec 2023December 2023
1506	2-bed	1,380 sqft	AED 3.04MAED 3,036,000 · Feb 2024February 2024
1601	2-bed	1,454 sqft	AED 1.9MAED 1,904,000 · Dec 2023December 2023
1602	1-bed	1,017 sqft	AED 1.83MAED 1,830,000 · Dec 2023December 2023
1603	1-bed	994 sqft	AED 3.59MAED 3,593,000 · Dec 2023December 2023
1604	1-bed	994 sqft	AED 1.82MAED 1,818,000 · Dec 2023December 2023
1605	1-bed	1,029 sqft	AED 2.67MAED 2,671,000 · Dec 2023December 2023
1701	2-bed	1,454 sqft	AED 1.91MAED 1,912,000 · Dec 2023December 2023
1702	1-bed	1,017 sqft	AED 1.84MAED 1,837,000 · Dec 2023December 2023
1703	1-bed	994 sqft	AED 3.7MAED 3,702,000 · Dec 2023December 2023
1704	1-bed	994 sqft	AED 1.83MAED 1,826,000 · Dec 2023December 2023
1705	2-bed	1,178 sqft	AED 2.68MAED 2,682,000 · Dec 2024December 2024
1706	Studio	531 sqft	AED 3.06MAED 3,064,000 · Dec 2023December 2023
1801	2-bed	1,454 sqft	AED 1.92MAED 1,920,000 · Dec 2023December 2023
1802	1-bed	1,017 sqft	AED 1.85MAED 1,846,000 · Dec 2023December 2023
1803	1-bed	994 sqft	AED 3.63MAED 3,629,000 · Dec 2023December 2023
1804	1-bed	787 sqft	AED 1.83MAED 1,833,000 · Apr 2025April 2025
1805	1-bed	1,029 sqft	AED 2.7MAED 2,695,000 · Dec 2023December 2023
1806	Studio	531 sqft	AED 2.97MAED 2,973,000 · Dec 2023December 2023
1901	2-bed	1,454 sqft	AED 1.93MAED 1,928,000 · Dec 2023December 2023
1902	1-bed	1,017 sqft	AED 1.85MAED 1,853,000 · Dec 2023December 2023
1903	3-bed	1,804 sqft	AED 3.42MAED 3,418,720 · Feb 2024February 2024
1904	1-bed	783 sqft	AED 1.84MAED 1,842,000 · Mar 2024March 2024
1905	1-bed	1,029 sqft	AED 2.71MAED 2,706,000 · Dec 2023December 2023
1906	Studio	531 sqft	AED 3.09MAED 3,092,000 · Dec 2023December 2023

1–7 of 59

1606, Coral Reef in numbers

Sold once: by DAMAC on 7 December 2023 for AED 2,946,000, or AED 5,548 per sqft.

Source: Dubai Land Department. Updated 7 December 2023.

Questions about 1606, Coral Reef

What did unit 1606 last sell for?

AED 2,946,000 on 7 December 2023, sold by the developer: AED 5,548 per sqft for 531 sqft. It is the only registered sale of the unit.

How big is unit 1606?

531 sqft (49.3 sqm): a studio on the 1st floor of a 48-storey tower.

What is unit 1606 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1606, Coral Reef

Starts from the last sale price (AED 2.95M, 7 December 2023). Switch to today's estimate once you have unlocked it.

Price: AED 2,946,000
Deposit, UAE resident (20%): AED 589,200
Deposit, non-resident (40%): AED 1,178,400
Monthly over 25 years at 3.7%: AED 12,053

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →