Apartments · Dubai Islands
Coral Isle Residences
by Grovy Developers · Dubai Islands
- Island Living
Coral Isle Residences at Dubai Islands is an exclusive off-plan development by GROVY Real Estate Development, offering a refined selection of 1, 2, and 3-bedroom apartments across 11 meticulously designed floors. Nestled within one of Dubai’s most coveted coastal destinations,…
Listed 22 Apr 2025
Off-planSource: developer listing, last verified .
DLD verification pendingOverview
About Coral Isle Residences
Coral Isle Residences is an off-plan project on Dubai Islands from GROVY Real Estate Development. It is billed as exclusive. The building rises 11 floors and holds 1, 2 and 3-bedroom apartments. The site sits in one of the city's most sought-after coastal areas. The design pairs considered architecture with a calm island setting, and the developer presents it as a new benchmark for modern residential design.
The amenity list covers both rest and activity. For downtime there is a spa, an infinity pool, a kids' pool and an aqua gym. For training there is a modern fitness centre with a calisthenics gym, plus a jogging track. Social spaces include a golf simulator, a pool bar, an open-air theatre and a barbecue area. EV charging stations are also provided. The mix is aimed at families as well as active residents.
Highlights
Why buyers look at this project
Island Address
Located on Dubai Islands, with a quiet seaside setting and easy links to the rest of the city.
Resort-Type Facilities
Leisure options include a spa, an open-air theatre, a golf simulator and an infinity pool.
Contemporary Design and Floor Plans
Modern apartments from 1 to 3 bedrooms, planned for practical use, clean looks and good natural light.
Established Developer
Built by GROVY Real Estate Development, known for high-quality residential projects across Dubai.
Details
Project details
- Starting Price
- AED 1,690,000
- Payment Plan
- 60/40
- Property Types
- Apartments
- Developer
- Grovy Developers
- Handover
- 2027
- Bedrooms
- 1, 2, 3
- Location
- Dubai Islands
- Status
- Off-plan
Gallery
Renders and views
Developer renders and photos as published. Drag or swipe for more.
Amenities
Amenities
Coral Isle Residences provides a wide range of high-standard facilities intended to support everyday modern life.
- Gym
- Cinema Room
- Yoga Studio
- Infinity & Kids Pool
- BBQ Areas
- Lounge Areas
- Outdoor Workspace & Landscaping
- Private Hospitals and Hotels
- Cafés and Restaurants
- Cinemas & Lounges
Payment plan
How the price is paid
60/40
How 60/40 plans workStep 1
During Construction
60%
≈ AED 1,014,000 on the starting price
Step 2
On Handover
40%
≈ AED 676,000 on the starting price
A post-handover payment plan may be offered. Speak to our advisors about tailored financing options.
Amounts are indicative, calculated on the published starting price. The 4% DLD registration fee and admin fees are extra.
Unit types
Units and floor plans
Floor plans are sent on request, with current availability and the exact price list.
1-Bedroom Apartments
- Area
- 855 to 1,070 sq. ft.
Request floor planClose
2-Bedroom Apartments
- Area
- 1,070 to 1,790 sq. ft.
Request floor planClose
3-Bedroom Apartments
- Area
- 1,820 to 1,980 sq. ft.
Request floor planClose
Location
Dubai Islands and connectivity
The project, by Grovy Real Estate Development, occupies a strong spot on Dubai Islands. It offers calm waterfront living a short drive from the busy city centre. Sheikh Zayed Road (E11) is within easy reach, so the main business, retail and leisure districts are well connected. That makes the address suit both owner-occupiers and investors.
Drive times
- Gold Souk7 min
- Jumeirah10 min
- Al Ghurair Centre14 min
- Dubai International Airport (DXB)15 min
- Museum of the Future18 min
- Dubai Frame19 min
- DIFC20 min
- Downtown Dubai20 min
- Burj Al Arab25 min
- Dubai Marina30 min
Drive times as published by the developer, off-peak.
About the area
Dubai Islands
56 projects listed in Dubai Islands
Dubai Islands is Nakheel’s latest waterfront destination, transforming Dubai’s coastline with a future-focused island lifestyle. The master plan features five interconnected islands with residential, leisure, and hospitality experiences. Located in Deira, Dubai Islands offers a unique combination of beachfront living and city convenience. Residents enjoy…
All projects in Dubai IslandsInvestment
Investment outlook
This off-plan project presents strong investment potential across the UAE, with projected rental yields of 6–8%, long-term capital appreciation, and growing demand from both residents and international investors.
- Projected Rental Yield
- 6–8%
- Potential Capital Appreciation
- 10–15%
- Golden Visa Eligibility Potential
- AED 2M+
- UAE off-plan properties continue to attract strong local and international investor demand.
- Selected communities may offer rental yields of around 6–8%, depending on location and unit type.
- Buyers may benefit from 10–15% potential price growth by handover in high-demand areas.
- Properties from AED 2 million may qualify for UAE Golden Visa eligibility, subject to regulations.
General Dubai market context as published in the developer’s marketing, not a project-specific forecast. Yields depend on the unit, the purchase price and the rent achieved.
Financing
Financing options
- Low Down Payment
- Developer Payment Plans
- Post-Handover Plans
- Mortgage Assistance
- Interest-Free Installments
- Resident & Non-Resident Financing
Developer plans are interest-free by design; bank mortgages for off-plan are usually available from a set construction stage. Our experts can introduce mortgage advisors for residents and non-residents.
About the developer
Grovy Developers
1 project listed
Grovy Developers is a Dubai-based property developer whose roots trace to Grovy India, founded in 1985, before the business expanded into Dubai in 2015. Led by CEO Abhishek Jalan, the company focuses on premium residential development with a selective, quality-led approach. Grovy Dubai draws on the group’s longstanding real estate…
All projects by Grovy DevelopersFAQ
Questions buyers ask
What is off-plan property in Dubai?
Off-plan property is a unit purchased directly from the developer before or during construction, typically at a lower entry price and with flexible, milestone-based payment plans.
Can foreigners buy property in Dubai?
Yes. Foreign nationals can buy freehold property with 100% ownership in Dubai's designated freehold areas, with no residency requirement.
What is a payment plan and how does it work?
A payment plan splits the property price into instalments — usually a down payment on booking, staged payments during construction, and a final amount on handover.
What is the UAE Golden Visa and how can real estate qualify?
The Golden Visa is a long-term, renewable UAE residency (up to 10 years). A property investment of AED 2 million or more typically qualifies the owner to apply.
How do I get a mortgage for a Dubai property?
Both residents and non-residents can obtain mortgages from UAE banks, generally financing 50–80% of the value depending on status. Our team can connect you with mortgage advisors.
What is the expected ROI from Dubai off-plan property?
Dubai off-plan typically delivers strong returns — rental yields of around 6–8% plus notable capital appreciation by handover, varying by location and project.
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Enquire
Ask about Coral Isle Residences
Brochure, floor plans, current availability and the exact price list, sent by a real estate expert who answers. Starting price AED 1,690,000, 60/40 plan, handover 2027.
AED 1.69M
60/40 plan · 2027