TAX BENEFITS
No tax on property ownership, no tax on rental income, VAT only 5%
HIGH PROFITABILITY
Rental yield reaches 7-12% per annum, Low inflation rate,
lack of exchange controls
STANDARD OF LIVING
High security, strict legislation protecting the rights of residents
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A new high-rise complex from the developer DAMAC Properties with private access to the waterfront in Dubai Maritime City. The tower will consist of an underground level, a six-story podium, 48 main levels and a roof with amenities. All designs are inspired by a coral reef theme. Amenities and services are not limited to Coral Reef, with the famous Queen Elizabeth 2 Hotel and entertainment at the mega-project Mina Rashid nearby.
Completion of construction: 1st quarter 2028
Completion of construction: 3rd quarter 2027