Next Coral: Apartments on Dubai Islands, with a Price Range Worth Unpacking
Next Coral is a residential apartment project by Next Group, located on Dubai Islands in Dubai. Construction began in June 2024, and the project targets a December 2027 completion. That gives an off-plan buyer roughly 18 months before keys change hands.
Dubai Islands: What the Location Delivers
Dubai Islands sits off the Deira coastline, north of the older commercial districts and connected to the mainland by road. The address puts residents close to the established urban infrastructure of Deira while having the geographic separation of an island setting.
For end-users, the island configuration means daily errands and commute patterns are framed by a short crossing to the wider city. Proximity to Deira gives access to a dense mix of retail, dining, and transport links. For investors, the positioning within a developing coastal zone means the value proposition is tied to how the broader Dubai Islands area fills out over the next several years.
From AED 1.82M to AED 7.27M: Three Products in One Building
The price range here is wide: AED 1,820,862 at entry, AED 7,275,428 at the top. That gap reflects three distinct apartment tiers within the same development.
One-bedroom units dominate the floor mix. Sizes run from 762 sq ft to 1,795 sq ft, all starting at the same base price of AED 1,820,862. The variation in size at a single starting price means the effective per-square-foot rate shifts significantly across the layout range. Compact units around 762 sq ft sit at one end; larger 1-bedroom configurations above 1,700 sq ft sit at the other.
Two-bedroom apartments start at AED 3,458,261, ranging from 1,490 to 1,985 sq ft in most configurations, with two layouts reaching close to 2,880 sq ft. Those larger floor plates stand out within the 2-bedroom range.
Three-bedroom units start at AED 7,275,428, with areas from 2,769 to 2,902 sq ft. These are the building's largest product and the most relevant for buyers prioritizing scale at a premium coastal address.
The entry tier suits buy-to-let investors targeting the 1-bedroom rental segment. The upper end serves buyers who want full-size apartments with the corresponding capital commitment.
What the Amenities Say About the Project
| Category | Amenities |
|---|---|
| Wellness | Indoor Swimming Pool, Gymnasium |
| Dining & Retail | Restaurants, Retail Facilities |
| Convenience | Valet Parking |
The amenity list is concise and purposeful. An indoor pool means year-round use without disruption from Dubai's summer heat. Restaurants and retail within the building reduce the friction of island living, where off-site trips add time to every routine errand. Valet parking points toward a service-oriented positioning for residents who prefer managed conveniences.
The set as a whole targets practical daily ease rather than an expansive amenity campus. That aligns with a professional renter or owner-occupier profile.
December 2027 Handover: Where the Build Cycle Stands
Construction has been running since June 2024. With a target completion of December 2027, the project is past the halfway point of its build cycle, with approximately 18 months remaining.
For an off-plan buyer entering today, the remaining construction period is roughly a year and a half. The earlier the stage, the longer the uncertainty window; at this point, the window has narrowed considerably since the June 2024 start.
Getting In for 20%: The Payment Structure
| Phase | Percentage |
|---|---|
| Down payment | 20% |
| During construction | 40% |
| On handover | 40% |
The structure is straightforward: a 20% deposit secures the unit, 40% is paid in installments across the construction period, and the remaining 40% is due at handover in December 2027.
The two back-weighted tranches mean half of the full purchase price is committed in the final stages of the purchase cycle. Full payment falls due at delivery, with no post-handover installment option.