503, Coral Reef
Sold prices and rental history: sold once, by the developer in February 2024, 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 503, Coral Reef
What is 503 worth today?
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Source: Dubai Land Department. Updated 23 February 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,804 sqft
- Floor
- 5th of 48
- Parking
- 1
- Developer
- DAMAC
- Last sold
- AED 3.17M · February 2024
- Building
- Coral Reef
About 503, Coral Reef
503 is a three-bedroom apartment of 1,804 sqft on the 5th floor of Coral Reef, a 48-storey tower in Dubai Maritime City by DAMAC. The developer sold it on 23 February 2024 for AED 3,170,320, or AED 1,757 per sqft, 17% below the AED 2,125 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 503 over time
503 has sold once; the dashed line is the three-bed median of each year in the building.
3-beds in Coral Reef, and where 503 sits
All 27 3-beds →503 last sold in February 2024 at AED 1,757 per sqft, 17% below what three-beds in Coral Reef were fetching at the time (AED 2,125).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jul 202416 July 2024 | 1,735 sqft | 3,817,000 | 2,200 | ||
| 13 May 202413 May 2024 | 1,735 sqft | 3,765,000 | 2,170 | ||
| 3 May 20243 May 2024 | 1,804 sqft | 4,221,000 | 2,340 | ||
| 25 Apr 202425 April 2024 | 1,804 sqft | 4,564,000 | 2,530 |
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 5th floor
All 278 units in Coral Reef| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,454 sqft | AED 1.81MAED 1,806,000 · Dec 2023December 2023 | ||
| 502 | 1-bed | 1,017 sqft | AED 1.74MAED 1,735,000 · Dec 2023December 2023 | ||
| 504 | 1-bed | 994 sqft | AED 1.73MAED 1,725,000 · Dec 2023December 2023 | ||
| 505 | 1-bed | 1,029 sqft | AED 2.53MAED 2,527,000 · Dec 2023December 2023 | ||
| 506 | Studio | 531 sqft | AED 2.88MAED 2,882,000 · Dec 2023December 2023 |
503, Coral Reef in numbers
- Sold once: by DAMAC on 23 February 2024 for AED 3,170,320, or AED 1,757 per sqft.
Source: Dubai Land Department. Updated 23 February 2024.
Questions about 503, Coral Reef
What did unit 503 last sell for?
AED 3,170,320 on 23 February 2024, sold by the developer: AED 1,757 per sqft for 1,804 sqft. It is the only registered sale of the unit.
How big is unit 503?
1,804 sqft (167.6 sqm): a three-bedroom apartment on the 5th floor of a 48-storey tower.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 503? Put it on the OpenOffers board
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Mortgage on 503, Coral Reef
Starts from the last sale price (AED 3.17M, 23 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,170,320
- Deposit, UAE resident (20%)
- AED 634,064
- Deposit, non-resident (40%)
- AED 1,268,128
- Monthly over 25 years at 3.7%
- AED 12,971
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →