About Coral Isle Residences
Coral Isle Residences is a residential building by Grovy Homes Real Estate Development, in Palm Deira, Dubai. It rises 11 storeys (a ground floor, 2 podium levels and 8 floors), built as a concrete structure with internal and external finishes. The project comprises 68 homes.
Key information

Developer
Grovy Homes Real Estate Development
- Expected handover
- TBC
- Status
- Not started
- Location
- Palm Deira, Dubai
- Master project
- Palm Deira
- Construction started
- 2025
- Number of buildings
- 1
- Number of units
- 68
- Registered with DLD
- 01 May 2025
- Escrow account no.
- 0000695010000002
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2025
- Under construction7% complete
- Expected handoverTBC
Construction progress
11 inspection photos from the Dubai Land Department. Latest 17 Aug 2026 at 7% complete.











Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
2 Elevators
12 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
2
Median price
AED 2.3M
Median price / sqft
AED 2K+0%
Off-plan share
100%
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 1 | 1,086 sqft | AED 2.3M | AED 2K |
| 2 Bed | 1 | 1,073 sqft | AED 2.2M | AED 2K |
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 18 Aug 2026 | Off-plan | 1,073 sqft | AED 2.2M | AED 2K |
| 20 Jul 2026 | Off-plan | 1,086 sqft | AED 2.3M | AED 2K |
Unit mix
68 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| 1 B/R | 20 | 834 - 982 sqft |
| 2 B/R | 42 | 1,073 - 1,544 sqft |
| 3 B/R | 4 | 1,826 - 1,964 sqft |
| 4 B/R | 2 | 2,312 - 2,325 sqft |
Payment plan
Payment plans are set by Grovy Homes and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Palm Deira, Dubai.
Coral Isle Residences
Dubai, United Arab Emirates
Frequently asked questions
Coral Isle Residences has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 7% complete.
