701, 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 701, Coral Reef
What is 701 worth today?
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Source: Dubai Land Department. Updated 6 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,454 sqft
- Floor
- 7th of 48
- Parking
- 1
- Developer
- DAMAC
- Last sold
- AED 1.82M · December 2023
- Building
- Coral Reef
About 701, Coral Reef
701 is a two-bedroom apartment of 1,454 sqft on the 7th floor of Coral Reef, a 48-storey tower in Dubai Maritime City by DAMAC. The developer sold it on 6 December 2023 for AED 1,822,000, or AED 1,253 per sqft, 49% below the AED 2,439 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 701 over time
701 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Coral Reef, and where 701 sits
All 66 2-beds →701 last sold in December 2023 at AED 1,253 per sqft, 49% below what two-beds in Coral Reef were fetching at the time (AED 2,439). 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 7th floor
All 278 units in Coral Reef| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 1,017 sqft | AED 1.75MAED 1,751,000 · Dec 2023December 2023 | ||
| 703 | 1-bed | 994 sqft | AED 3.5MAED 3,503,000 · Dec 2023December 2023 | ||
| 704 | 1-bed | 994 sqft | AED 1.74MAED 1,741,000 · Dec 2023December 2023 | ||
| 705 | 1-bed | 1,029 sqft | AED 2.55MAED 2,550,000 · Dec 2023December 2023 | ||
| 706 | Studio | 531 sqft | AED 2.91MAED 2,910,000 · Dec 2023December 2023 |
701, Coral Reef in numbers
- Sold once: by DAMAC on 6 December 2023 for AED 1,822,000, or AED 1,253 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 6 December 2023.
Questions about 701, Coral Reef
What did unit 701 last sell for?
AED 1,822,000 on 6 December 2023, sold by the developer: AED 1,253 per sqft for 1,454 sqft. It is the only registered sale of the unit.
How big is unit 701?
1,454 sqft (135.1 sqm): a two-bedroom apartment on the 7th floor of a 48-storey tower.
What is unit 701 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.
Selling 701? Put it on the OpenOffers board
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Mortgage on 701, Coral Reef
Starts from the last sale price (AED 1.82M, 6 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,822,000
- Deposit, UAE resident (20%)
- AED 364,400
- Deposit, non-resident (40%)
- AED 728,800
- Monthly over 25 years at 3.7%
- AED 7,454
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →