Coral Isle Residences

Coral Isle Residences is a new off-plan residential development by GROVY Real Estate Development LLC in Dubai Islands, Dubai. Starting prices are from AED 1.91M, and handover is expected in 2027.

Buying at launch means securing the unit early on a construction-linked payment plan tied to construction milestones, with the balance due on handover. Payments are held in a RERA-regulated escrow account and released to the developer against verified build progress — the structural protection every off-plan buyer relies on. You can browse more off-plan Dubai projects by community, developer and payment plan.

Dubai Islands

Coral Isle Residences sits in Dubai Islands, one of the Dubai communities we track across our off-plan database. Location matters more off-plan than in a ready market, because you are buying against a master plan rather than a finished building — so connectivity, the surrounding pipeline and the developer's delivery record are worth confirming before you commit. See more off-plan projects in Dubai Islands.

The developer: GROVY Real Estate Development LLC

Coral Isle Residences is developed by GROVY Real Estate Development LLC. On any off-plan purchase the developer's track record is central — it is the difference between a rendering and a delivered home. Confirm GROVY Real Estate Development LLC's completed projects and handover history, and review the payment schedule and escrow arrangement before reserving. Their other launches are on the developers page.

Price and payment

Coral Isle Residences starts from AED 1.91M on a construction-linked payment plan. As with any off-plan purchase, underwrite it on the rent a completed unit can achieve rather than on projected appreciation, and read the payment plan against your own cash flow before committing.

Common questions

Where is Coral Isle Residences located? Coral Isle Residences is in Dubai Islands, Dubai. See other projects in the area on our Dubai Islands page.

How much does Coral Isle Residences cost? Starting prices are from AED 1.91M, on a construction-linked payment plan. Register your interest for the full unit-by-unit price list.

When does Coral Isle Residences hand over? Handover is expected in 2027. Off-plan handover dates are developer estimates and can move; confirm the latest schedule before you reserve.

Is Coral Isle Residences a good investment? That depends on the entry price, the community's rental demand and your holding period. Off-plan rewards buyers who can hold through construction and into the next cycle; it punishes anyone who needs liquidity before handover. Review the numbers with a RERA-licensed advisor first.