Developer Deal
From
AED 410,000
Handover
Q3 2024
Payment Plan
50/50
Down Payment
10%
Back to Developer Deals
DeveloperGrovy Real Estate Development LLCView developer profile
Coral Isle Residences
Dubai Islands, Dubai, UAE
DeveloperGrovy Real Estate Development LLCView developer profileDLD Waiver
—
Discount
—
Handover
Q1 2027
Post Handover
—
Payment Plan
60%
40%
20% down
About Coral Isle Residences
Coral Isle represents the pinnacle of Grovy’s luxury portfolio—a serene, fully furnished waterfront destination located in the heart of Dubai Islands. The project is master-planned for elite urban living, offering residents a blend of seclusion, sophistication, and superior lifestyle amenities. With direct beach access and panoramic views of the Arabian Gulf, Coral Isle sets a new benchmark for hi…
Project documents
Brochures
Not available yet
Floor plans
Not available yet
Master plans
Not available yet
Payment schedule
20/40/40 Payment Plan
- Deposit
- 20%
- During construction
- 40%
- On handover
- 40%
- Post-handover
- 0%
Market Intelligence
Completed transactions in Dubai Islands
Median sale price/sqft
AED 1,934/sqft-15.6%
Median sale price
AED 3,615,392
Gross rental yield
0.8%
Median annual rent
AED 29,791
Median price/sqft over time
Jan 24Range AED 1,423 – AED 2,567Dec 24
Community activity
LiquidityStrongPrice momentumFalling
1,922 sales and 18 rentals in the last 12 months
Primary vs resale
Primary 63%Resale 37%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-31 | Zephyra Residences | 1 | 763 sqft | AED 1,585,253 | 2,079 |
| 2024-12-31 | Zephyra Residences | 1 | 763 sqft | AED 1,585,253 | 2,079 |
| 2024-12-30 | Azura Residences | 1 | 847 sqft | AED 1,669,858 | 1,971 |
| 2024-12-30 | Haven Bay | 2 | 1,252 sqft | AED 2,614,000 | 2,087 |
| 2024-12-30 | Bay Villas | 4 | 5,541 sqft | AED 10,200,000 | 1,841 |
| 2024-12-30 | Dubai Islands | — | 33,153 sqft | AED 28,500,000 | 860 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Coral Isle Residences
Our team will send you the complete payment schedule, floor plans and current offer from Grovy Real Estate Development LLC.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about Coral Isle Residences
- What is the handover date for Coral Isle Residences?
- Coral Isle Residences is scheduled for handover in Q1 2027.
- What is the starting price of Coral Isle Residences?
- Prices start from AED 1,750,000. Contact our team for current availability.
- Who is the developer of Coral Isle Residences?
- Coral Isle Residences is being developed by Grovy Real Estate Development LLC.
- Where is Coral Isle Residences located?
- Coral Isle Residences is located in Dubai Islands, Dubai, UAE.