407, 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 407, Coral Reef
What is 407 worth today?
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Source: Dubai Land Department. Updated 8 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,178 sqft
- Floor
- 4th of 48
- Parking
- 1
- Developer
- DAMAC
- Last sold
- AED 1.83M · December 2023
- Building
- Coral Reef
About 407, Coral Reef
407 is a one-bedroom apartment of 1,178 sqft on the 4th floor of Coral Reef, a 48-storey tower in Dubai Maritime City by DAMAC. The developer sold it on 8 December 2023 for AED 1,831,000, or AED 1,554 per sqft, 38% below the AED 2,516 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 407 over time
407 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Coral Reef, and where 407 sits
All 163 1-beds →407 last sold in December 2023 at AED 1,554 per sqft, 38% below what one-beds in Coral Reef were fetching at the time (AED 2,516). Over the last 12 months one-beds sold for AED 1,710,000 to 2,057,000, around AED 2,514 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 May 202623 May 2026 | 780 sqft | 2,057,000 | 2,638 | ||
| 30 Mar 202630 March 2026 | 796 sqft | 2,002,000 | 2,514 | ||
| 17 Nov 202517 November 2025 | 787 sqft | 1,710,000 | 2,172 | ||
| 27 Aug 202527 August 2025 | 780 sqft | 2,100,000 | 2,693 |
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 | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,454 sqft | AED 1.8MAED 1,797,000 · Dec 2023December 2023 | ||
| 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, Coral Reef in numbers
- Sold once: by DAMAC on 8 December 2023 for AED 1,831,000, or AED 1,554 per sqft.
- One-beds in Coral Reef sold for AED 1,710,000–2,057,000 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 8 December 2023.
Questions about 407, Coral Reef
What did unit 407 last sell for?
AED 1,831,000 on 8 December 2023, sold by the developer: AED 1,554 per sqft for 1,178 sqft. It is the only registered sale of the unit.
How big is unit 407?
1,178 sqft (109.4 sqm): a one-bedroom apartment on the 4th floor of a 48-storey tower.
What is unit 407 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 2,057,000 in the last 12 months, around AED 2,514 per sqft.
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Mortgage on 407, Coral Reef
Starts from the last sale price (AED 1.83M, 8 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,831,000
- Deposit, UAE resident (20%)
- AED 366,200
- Deposit, non-resident (40%)
- AED 732,400
- Monthly over 25 years at 3.7%
- AED 7,491
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →