Developer: Grovy Real Estate Development · Dubai Islands

Coral Isle Residences

Coral Isle Residences is a residential project by Grovy Real Estate Development in Dubai Islands, Dubai, with prices from AED 1 750 000, handover Q1 2027, construction 7.2% complete per the DLD registry, 68 units.

Price fromAED 1 750 000Developer supplied
Unit types1–3 BR826–1 964 ft²DLD registry
HandoverQ1 2027Developer supplied
Construction7.2%DLD registry · checked 17.08.2026

Layouts and sizes

TypeUnitsTypical size, sq.ft
1 Bedroom27826–1 086
2 Bedroom351 150–1 614
3 Bedroom61 825–1 964

Size range excludes the smallest and largest 5% of units of each type.

All units are freehold. Data from the DLD registry.

Sales pace · DLD data as of 10 Nov 2026

Source: Dubai Land Department registrations (include off-plan resales). Ask us for current availability.

Payment plan 60/40, 2Yrs (P.H.O)

The purchase price is split into these stages.

120%Down payment
240%During construction
340%Post-handover

The exact schedule is confirmed in the sale agreement for the selected unit.

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A broker will compare this project with 3 similar ones: prices, handover dates and payment plans.

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Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Indicative monthly payment for prices from 1 750 000 AED is 7 390 AED.

Calculate mortgage

Estimates only; not a bank approval.

Handover date & construction progress

7.15%
  • StatusActive
  • Construction started15.04.2025
  • HandoverQ1 2027
  • Status date17.08.2026
  • Progress between DLD inspections+5.04% (01.04.2026 → 17.08.2026)
  • Escrow bankZand Bank
  • DLD project number3322

Data from the Dubai Land Department project registry (updated 13.11.2026 05:55).

Inspection history 3
025507510004.02.202517.08.2026
Actual, per inspections

Pace: 1.11% per month. At this rate 100% falls on 02.08.2033.

The pace is calculated from the past year of inspections. It is an estimate, not a developer commitment. For reference: across 1,175 completed projects the median pace is 2.48% per month and the median build takes 40 months.

Construction progress 49
17.08.2026 7.15%
Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 1 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 2 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 3 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 4 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 5 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 6 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 7 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 8 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 9 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 10 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 11 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 12 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 13 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 14 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 15 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 16 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 17 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 18 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 19 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 20 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 21 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 22 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 23 of 24Coral Isle Residences, Dubai Islands construction progress — 17 August 2026, 7.15% complete, photo 24 of 24
01.04.2026 2.11%
Coral Isle Residences, Dubai Islands construction progress — 1 April 2026, 2.11% complete, photo 1 of 12Coral Isle Residences, Dubai Islands construction progress — 1 April 2026, 2.11% complete, photo 2 of 12Coral Isle Residences, Dubai Islands construction progress — 1 April 2026, 2.11% complete, photo 3 of 12Coral Isle Residences, Dubai Islands construction progress — 1 April 2026, 2.11% complete, photo 4 of 12Coral Isle Residences, Dubai Islands construction progress — 1 April 2026, 2.11% complete, photo 5 of 12Coral Isle Residences, Dubai Islands construction progress — 1 April 2026, 2.11% complete, photo 6 of 12Coral Isle Residences, Dubai Islands construction progress — 1 April 2026, 2.11% complete, photo 7 of 12Coral Isle Residences, Dubai Islands construction progress — 1 April 2026, 2.11% complete, photo 8 of 12Coral Isle Residences, Dubai Islands construction progress — 1 April 2026, 2.11% complete, photo 9 of 12Coral Isle Residences, Dubai Islands construction progress — 1 April 2026, 2.11% complete, photo 10 of 12Coral Isle Residences, Dubai Islands construction progress — 1 April 2026, 2.11% complete, photo 11 of 12Coral Isle Residences, Dubai Islands construction progress — 1 April 2026, 2.11% complete, photo 12 of 12

13 more photos in the DLD register

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Handover is close: snagging inspection

Planned handover of Coral Isle Residences: Q1 2027. Before you sign the handover form we check 110 points, send a photo report within 24 hours and file the defect list with the developer. Fixed price from 749 AED.

Snagging inspection: prices and scope

Recent transactions

DateTypeSize, m²Price, AED
18.08.20262 BR99.72 203 200
20.07.20261 BR100.92 312 000

Dubai Land Department transaction registry, updated 12.11.2026. Explore Dubai property transactions →

PDF shortlist · updated 1 November 2026

Dubai Islands: new projects and prices

30 projects · prices from DLD and developers

  1. Azizi Wasel Azizi Wasel Dubai Islands · Studio, 1–3 BR from AED 1,040,000
  2. DO Hotels & Residences DO Hotels & Residences Dubai Islands from AED 1,050,000
  3. Ellington Cove 2 Ellington Cove 2 Dubai Islands from AED 1,250,000

27 more in the PDF: prices, handover dates, payment plans

The PDF opens instantly. Refreshed monthly from DLD data.

Amenities

  • Infinity pool
  • Barbecue area
  • Game zone
  • Golf simulator
  • Fitness hub
  • Calisthenics gym
  • Open theater
  • Jacuzzi
  • Pool bar
  • Aqua gym
  • Sauna
  • EV charging
  • Cabanas
  • Kids play area
  • Gym

What is nearby

  • Burj Al Arab25 мин
  • Downtown Dubai20 мин
  • Dubai Gold Souk7 мин
  • Dubai International Airport15 мин
  • Dubai Marina30 мин
  • Jumeirah Beach10 мин

Places nearby

Coral Isle Residences

About the project

Coral Isle Residences is a 68-unit waterfront residential development on Dubai Islands by Grovy Real Estate Development. The project comprises a G+2P+8 building with studios and one-, two- and three-bedroom beach-view apartments. It is active, with a reported completion ratio of 7.15% and handover scheduled for Q1 2027.

The project and building design

Coral Isle Residences is planned as one building configured across a ground floor, two podium levels and eight residential floors. The building has 68 homes in total. Its design uses rounded forms and fluid elevations inspired by ocean waves, coral reefs and the movement of water. The residential concept centres on beach-view apartments and waterfront living at Dubai Islands. Interior planning incorporates natural light, open spaces and smart storage solutions. The project also includes EV charging, supporting electric-vehicle use within the development. The scheduled project completion date is 31 March 2027.

Apartment types

The available home mix comprises studios and one-, two- and three-bedroom apartments. The apartments are presented as beach-view residences within the Dubai Islands setting. The layouts are designed with open living areas, natural light and space-planning features intended to support everyday use. Buyers can consider a range of formats, from studio homes to larger three-bedroom apartments, within the same 68-unit building. This limited unit count places all residences within a single G+2P+8 development rather than a multi-building scheme.

Amenities and shared facilities

The amenity programme includes an infinity pool, jacuzzi, pool bar and cabanas. Fitness facilities comprise a fitness hub, gym, calisthenics gym and aqua gym. Wellness provision includes a sauna, while the development also has a barbecue area, game zone, golf simulator and open theatre. A dedicated kids play area is included for younger residents. EV charging forms part of the shared facilities. Together, these amenities span poolside, fitness, wellness, leisure and family-oriented spaces within Coral Isle Residences.

Dubai Islands location

Coral Isle Residences is located on Dubai Islands. The Gold Souk is listed at 7 minutes, while Jumeirah is listed at 10 minutes and Al Ghurair Centre at 14 minutes. Dubai International Airport (DXB) is listed at 15 minutes. Dubai Frame is listed at 19 minutes, and both DIFC and Downtown Dubai are listed at 20 minutes. Museum of the Future is listed at 18 minutes, Burj Al Arab at 25 minutes and Dubai Marina at 30 minutes. Dubai Islands Beach is 1.6 km away, with Dubai Heritage Village at 3.1 km and Dubai Museum at 3.2 km.

Price, payment plan and handover

Prices for Coral Isle Residences start from AED 1,750,000. The payment plan is structured as 60/40 with a two-year post-handover period. A 20% down payment is due on booking, followed by 40% during construction across the first to fourth instalments. The remaining 40% is payable post-handover within 24 months. Handover is scheduled for Q1 2027, with a project completion date of 31 March 2027. The project began on 15 April 2025 and is active with a reported completion ratio of 7.15%.

The developer

Grovy Real Estate Development is the developer of Coral Isle Residences. The company was founded in 1985. At Coral Isle Residences, Grovy Real Estate Development is delivering a single-building project of 68 residences at Dubai Islands, covering studios and one-, two- and three-bedroom apartment types. The development combines the stated beach-view residential positioning with a building programme that includes two podium levels and eight residential floors above the ground level.

Frequent questions

Who is the developer of Coral Isle Residences?
Coral Isle Residences is developed by Grovy Real Estate Development, founded in 1985.
Where is Coral Isle Residences located?
The project is located on Dubai Islands. Dubai Islands Beach is 1.6 km away.
What is the starting price at Coral Isle Residences?
Prices start from AED 1,750,000.
When is handover for Coral Isle Residences?
Handover is scheduled for Q1 2027. The project completion date is 31 March 2027.
What is the Coral Isle Residences payment plan?
The plan is 60/40 with a two-year post-handover period: 20% on booking, 40% during construction and 40% within 24 months after handover.
What apartment types are available at Coral Isle Residences?
The project includes studios and one-, two- and three-bedroom apartments.
How many units are in Coral Isle Residences?
Coral Isle Residences has 68 units in one G+2P+8 building.
What is the construction status of Coral Isle Residences?
The project is active, with a reported completion ratio of 7.15%.
What is nearby Coral Isle Residences?
The Gold Souk is listed at 7 minutes, Dubai International Airport at 15 minutes and Downtown Dubai at 20 minutes. Dubai Heritage Village is 3.1 km away.
How can I buy an apartment in Coral Isle Residences?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

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How to cite:Coral Isle Residences — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-01, https://continentalclub.ae/project/coral-isle-residences-dubai-islands/

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