Coralis
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
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 84,143 / year
Cash-on-Cash
2.2%
Levered cashflow AED 19,793
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 126,750 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Coralis launch basis2,167AED 1.95MCurrent launch / asking basis
Azizi Riviera at Meydan One ready-stock comps1,700AED 1.53MIndicative resale benchmark
Azizi Riviera at Meydan One premium peer launches2,100AED 1.89MNew-launch peer set
Trophy alternative proxy2,600AED 2.34MHigher-end anchor for negotiation context

Gallery

Coralis — View 2
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Coralis official render 1

Coralis official render 1

Coralis official render 2

Coralis official render 2

Coralis official render 3

Coralis official render 3

Coralis official render 4

Coralis official render 4

Coralis official render 5

Coralis official render 5

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Coralis official render 7

Coralis official render 7

Coralis official render 8

Coralis official render 8

Astraterra Properties

Official Documents

Download official marketing materials from Palladium Prime Real Estate Development.

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Payment Structure

10% down payment

Flexible Payment

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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

Meydan Racecourse — 2 mins
Downtown Dubai — 10 mins
Dubai Mall — 12 mins
Business Bay — 8 mins
Azizi Riviera at Meydan OneAzizi Riviera at Meydan OneDubai, UAE

Developer Track Record

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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