Coralis — project image
Off-Plan

Coralis

From AED 1.95M·Handover Sep 2028·10% down payment Payment
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AED 1.95M
Starting Price
Sep 2028
Handover
10% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Coralis is a premium residential development by Palladium Prime Real Estate Development, located in the Meydan One area. Inspired by the organic forms of living corals, the project reflects a harmonious blend of nature and contemporary design. Fluid architectural lines, soft contours and panoramic glazing highlight its natural aesthetic and create a distinctive architectural identity. The complex consists of a basement level, ground level and ten residential floors. Available units include 1–3 bedroom apartments, sky villas, and commercial spaces. Spacious layouts, large windows and open terraces are oriented towards the views of Meydan Riviera. The interiors feature a light, natural palette with premium materials, creating an atmosphere of comfort and serenity. Residents enjoy a selection of high-end amenities, including a swimming pool, fitness areas, a paddle tennis court, lounge zones, water features and landscaped terraces. The location in Meydan One ensures quick access to key destinations in Dubai: 5–7 minutes to Dubai Design District and Downtown Dubai, around 8 minutes to Business Bay, 3 minutes to Meydan Racecourse. For sale: 1 BR - from 1 950 000 AED / 900 sq. ft. 2 BR - from 2 475 000 AED / 1 200 sq. ft. 3 BR - from 4 500 000 AED / 2 150 sq. ft. Sky Villas - from 26 000 000 AED / 5 500 - 8 400 sq. ft. Retail EOI: 50 000 AED Launch date: May 2026

Project Specifications
DeveloperPalladium Prime Real Estate Development
LocationAzizi Riviera at Meydan One
Unit Types1 BR, 2 BR, 3 BR, Apartments, Villa
AreaAzizi Riviera at Meydan One
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 84,142 / year
Cash-on-Cash
2.2%
Levered cashflow AED 19,792
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 897,000 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Palladium Prime Real Estate Development.

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Payment Structure

10% down payment

Published payment summary

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Amenities & Lifestyle

Adults Pool
Bar
Children’s pool
Covered Parking
Kids splash pad
Lift
Lobby
Lounge
Outdoor Theater
Paddle court
Pool Deck
Retail outlets
Shared Jacuzzi
Shared Pool
Shared gym
Steam
Sunken Seating
Yoga Area

Location

Azizi Riviera at Meydan One

Nearby Destinations

Azizi Riviera at Meydan One

Developer and Project Facts

01

Coralis by Palladium Prime Real Estate Development

02

Located in Azizi Riviera at Meydan One

03

Starting from AED 1,950,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Sep 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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