Off-plan investment brief · Illustrative project
Coral Residences
West Crescent, Palm Jumeirah · Aldana Developments (fictional)
Coral Residences is an illustrative collection of 64 branded residences on the West Crescent of Palm Jumeirah, with hotel-style services from a five-star operator.
- Starting price
- AED 6.9M
- USD 1.88M
- Payment plan
- 60/40
- developer schedule
- Handover
- Q4 2028
- launched Q1 2026
- Est. net yield
- 6.1%
- post-handover
- Units
- 64
- G + 7
- Developer
- Aldana Developments
- fictional
Demonstration imagery — not project renders.
Unit configurations
| Type | Size (sq ft) | From (AED) | From (USD) | |
|---|---|---|---|---|
| 2 BR Apartment | 1,850–2,100 | 6,900,000 | USD 1.88M | |
| 3 BR Apartment | 2,900–3,300 | 12,800,000 | USD 3.49M | |
| 4 BR Penthouse | 6,000–6,400 | 31,000,000 | USD 8.44M |
Payment schedule · 60/40
| Milestone | Timing | % | AED | Cumulative |
|---|---|---|---|---|
| Booking | On reservation | 10% | 690,000 | 10% |
| SPA signing | Within 30 days | 10% | 690,000 | 20% |
| Construction 30% | Est. Q2 2027 | 20% | 1,380,000 | 40% |
| Construction 70% | Est. Q1 2028 | 20% | 1,380,000 | 60% |
| Handover | Q4 2028 | 40% | 2,760,000 | 100% |
| DLD fee (4%, on booking) | 276,000 |
Capital deployed pre-handover
AED 4.14M
Indicative value at handover
AED 8.17M
Est. annual net rent
AED 421K
Assumes 7% annual growth over 2.5 years; illustrative only and not a forecast.
Amenities
- Private beach club
- Hotel-serviced residences
- Spa & hammam
- Infinity pool
- Private cinema
- Valet & concierge
- Kids' club
- Residents' lounge
Location
Signature frond villas with their own beaches, branded residences along the trunk and hotel-serviced apartments on the crescent. Palm Jumeirah remains the city's benchmark for waterfront living.