706, 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 706, Coral Reef
What is 706 worth today?
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Source: Dubai Land Department. Updated 11 December 2023.
Key facts
- Type
- Studio apartment
- Size
- 531 sqft
- Floor
- 7th of 48
- Parking
- 1
- Developer
- DAMAC
- Last sold
- AED 2.91M · December 2023
- Building
- Coral Reef
About 706, Coral Reef
706 is a studio of 531 sqft on the 7th floor of Coral Reef, a 48-storey tower in Dubai Maritime City by DAMAC. The developer sold it on 11 December 2023 for AED 2,910,000, or AED 5,480 per sqft, 76% 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 706 sits
All 22 studios →706 last sold in December 2023 at AED 5,480 per sqft, 76% above what studios in Coral Reef were fetching at the time (AED 3,108).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,454 sqft | AED 1.82MAED 1,822,000 · Dec 2023December 2023 | ||
| 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, Coral Reef in numbers
- Sold once: by DAMAC on 11 December 2023 for AED 2,910,000, or AED 5,480 per sqft.
Source: Dubai Land Department. Updated 11 December 2023.
Questions about 706, Coral Reef
What did unit 706 last sell for?
AED 2,910,000 on 11 December 2023, sold by the developer: AED 5,480 per sqft for 531 sqft. It is the only registered sale of the unit.
How big is unit 706?
531 sqft (49.3 sqm): a studio on the 7th floor of a 48-storey tower.
What is unit 706 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 706, Coral Reef
Starts from the last sale price (AED 2.91M, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,910,000
- Deposit, UAE resident (20%)
- AED 582,000
- Deposit, non-resident (40%)
- AED 1,164,000
- Monthly over 25 years at 3.7%
- AED 11,906
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →