The Coral Collection Villas by Nakheel Properties
Last Update: 2023-10-05 11:38:47
Located on the one-of-a-kind Palm Jebel Ali, The Coral Collection is an ultra-luxe residential development by Nakheel Properties. It features a limited range of exquisitely designed 3-storey 7-bedroom villas. They come in 8 distinctive styles: Hibiscus, Coral Living, Red Aurora, Porcelain Rose, Cranberry Sky, Terracotta, Redwood, Ruby Sunset.
Villa owners will enjoy the absolute comfort here thanks to a formal living room, a terrace with a swimming pool, a media room, a lounge, a laundry and a library. The layouts may include a gym as well, enabling you to work out at any time of the day without ever having to leave your home. Each villa will boast direct connectivity to its own private beach, which means that you will have a piece of Dubai’s longest coastline all to yourself.
The interiors will boast a natural colour scheme with the use of coral, brown, blue, beige, saffron and grey. Elements from wood, marble and raw stone will add even more sophistication and elegance to the entire look.
Property Prices
As of September 2023, the starting price for a palatial villa in The Coral Collection is AED 29M (USD 7.9M).
Payment Plan
20% On Booking
10% 2nd Installment
10% 3rd Installment
10% 4th Installment
10% 5th Installment
10% 6th Installment
10% 7th Installment
20% Handover in Q1-4 2027
Location
The uber-exclusive villa development boasts outstanding connectivity to the emirate’s mainland via Sheikh Zayed Road. As a result, within just half an hour by car, you can access Al Maktoum International Airport. It will take the same amount of time to reach 2 of the city’s most popular leisure hubs – Dubai Marina and Palm Jumeirah. Here, you will be treated to high-end retail stores, signature spas, award-winning restaurants, trendy nightclubs and more.
Privileges of Property Ownership
While the project is under construction, you can take advantage of a convenient 80/20 payment plan, where the booking fee stands at 20%. During the construction period, 60% is to be paid in 10% instalments, and the remaining 20% upon completion of The Coral Collection in 2027.
You now have the opportunity to become the owner of one of the first waterfront residences on Dubai’s biggest and most unique island. The lavish villa development is a serene sanctuary where you and your family can enjoy scenic natural surroundings, a colossal 68 mile coastline, and absolute privacy.
Real estate on Palm Jebel Ali can be resold profitably, based on the latest indicators of Palm Jumeirah. In H1 2023, as reported by Bayut & dubizzle, the price per sq. ft of upscale villas here increased to 16.4% in comparison with H2 2022. The supply of elite beachfront properties doesn’t meet the demand, which will help you generate attractive profit if you choose to resell your property.