401, 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.
Property timeline for 401, Coral Reef
What is 401 worth today?
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Source: Dubai Land Department. Updated 11 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,454 sqft
- Floor
- 4th of 48
- Parking
- 1
- Developer
- DAMAC
- Last sold
- AED 1.8M · December 2023
- Building
- Coral Reef
About 401, Coral Reef
401 is a two-bedroom apartment of 1,454 sqft on the 4th floor of Coral Reef, a 48-storey tower in Dubai Maritime City by DAMAC. The developer sold it on 11 December 2023 for AED 1,797,000, or AED 1,235 per sqft, 48% below the AED 2,391 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 401 over time
401 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Coral Reef, and where 401 sits
All 66 2-beds →401 last sold in December 2023 at AED 1,235 per sqft, 48% below what two-beds in Coral Reef were fetching at the time (AED 2,391). Over the last 12 months two-beds sold for AED 3,145,000, around AED 2,350 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jun 202611 June 2026 | 1,338 sqft | 3,145,000 | 2,350 | ||
| 27 Feb 202527 February 2025 | 1,178 sqft | 2,994,000 | 2,540 | ||
| 19 Feb 202519 February 2025 | 1,178 sqft | 3,218,000 | 2,730 | ||
| 10 Feb 202510 February 2025 | 1,338 sqft | 3,050,000 | 2,279 |
Coral Reef
Building278 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
Other units on the 4th floor
All 278 units in Coral Reef| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 1,017 sqft | AED 1.73MAED 1,728,000 · Dec 2023December 2023 | ||
| 403 | 1-bed | 994 sqft | AED 3.36MAED 3,363,000 · Dec 2023December 2023 | ||
| 404 | 1-bed | 994 sqft | AED 1.72MAED 1,716,000 · Dec 2023December 2023 | ||
| 405 | 1-bed | 1,029 sqft | AED 1.93MAED 1,931,000 · Dec 2023December 2023 | ||
| 406 | Studio | 531 sqft | AED 1.67MAED 1,673,000 · Dec 2023December 2023 | ||
| 407 | 1-bed | 1,178 sqft | AED 1.83MAED 1,831,000 · Dec 2023December 2023 |
401, Coral Reef in numbers
- Sold once: by DAMAC on 11 December 2023 for AED 1,797,000, or AED 1,235 per sqft.
- Two-beds in Coral Reef sold for AED 3,145,000–3,145,000 in the 12 months to November 2026; the building's median across all types is AED 2,432 per sqft.
Source: Dubai Land Department. Updated 11 December 2023.
Questions about 401, Coral Reef
What did unit 401 last sell for?
AED 1,797,000 on 11 December 2023, sold by the developer: AED 1,235 per sqft for 1,454 sqft. It is the only registered sale of the unit.
How big is unit 401?
1,454 sqft (135.1 sqm): a two-bedroom apartment on the 4th floor of a 48-storey tower.
What is unit 401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Coral Reef sold for AED 3,145,000 to 3,145,000 in the last 12 months, around AED 2,350 per sqft.
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Mortgage on 401, Coral Reef
Starts from the last sale price (AED 1.8M, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,797,000
- Deposit, UAE resident (20%)
- AED 359,400
- Deposit, non-resident (40%)
- AED 718,800
- Monthly over 25 years at 3.7%
- AED 7,352
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →