Sea Coral By Next Realty
- Apartments
- Bedrooms
- On request
- Size
- 447–1,596 sqft
- Payment plan
- On request
- Completion
- Pre-launch
- Available
- On request
- Handover
- Q3 2027
About Sea Coral By Next Realty
Sea Coral Property Investment Case
Sea Coral By Next Realty is an 80-unit residential building on the first shoreline of Dubai Islands, positioned within the Palm Deira community that anchors this new waterfront district. The building rises to G+2P+8+R, a compact 10-floor structure that keeps the development boutique relative to the towers rising across the wider archipelago.
The developer, marketed as NEXT, cites a projected ROI of up to 12% and a payback period of 6 to 7 years for the project, based on its own price-growth forecast running from Q4 2024 through Q4 2027. Construction is scheduled to start in August 2024 with completion targeted for August 2027, giving the project a roughly three-year delivery window typical of off plan projects Palm Deira is now attracting as the islands develop.
Sea Coral Dubai Apartments and Building Design
The apartments in Palm Deira at Sea Coral occupy a low-rise footprint of only 10 floors, a deliberate design choice by NEXT to prioritize direct beach access and unobstructed sea views over height. All 80 units sit within a single building, supported by an amenities complex covering 3,060 square meters.
NEXT positions the project around visual aesthetics and harmony, pairing a first-shoreline address with what the brochure describes as 5-star service delivered around the clock. This service model is intended to differentiate the building from standalone residential stock elsewhere on Dubai Islands.
Amenities and Master Community Context
Dubai Islands, the master community surrounding Palm Deira, comprises five islands with 20 kilometers of beachfront, more than 80 planned resorts and hotels, over 20,000 residential units, yacht marinas, golf courses, and wellness facilities once fully built out. Sea Coral sits within this broader master plan rather than as an isolated project.
On-site amenities at Sea Coral itself include a swimming pool, fitness center, restaurant, dedicated parking, direct beach access, and a yacht club, giving residents recreational and lifestyle infrastructure without leaving the building's footprint.
Developer Track Record
NEXT is an international developer with a portfolio built primarily along the Black Sea coast of Georgia, alongside projects in Ukraine, Kazakhstan, Poland, Spain, Kenya, and the UAE. The company reports more than 6,000 hotel rooms and branded apartments delivered and over 450,000 square meters of residential and commercial space built across 10 offices globally.
Sea Coral By Next Realty represents one of NEXT's entries into the Dubai market, sitting alongside other branded developments in its regional portfolio such as Villa by Next and Villa Perla By Next. This gives buyers a data point on delivery experience outside the UAE, though the Dubai Islands project is among the developer's newer local ventures.
Key highlights
- First-shoreline location on Dubai Islands
- Only 10 floors, 80 premium apartments
- 3,060 sqm dedicated amenities complex
- Developer-projected ROI up to 12%, 6-7 year payback
- 5-star service offered 24/7
- Construction start August 2024, handover August 2027
Why this project
- First-shoreline apartments on Dubai Islands with beach, yacht club, and 5-star service across a boutique 10-floor building of 80 units.
Amenities
- •Swimming pool
- •fitness center
- •restaurant
- •parking
- •beach access
- •yacht club
- •5-star service
- •3
- •060 sqm amenities complex
Location
Waterfront Apartments Dubai Connectivity
Sea Coral occupies a first-shoreline position on Dubai Islands, the five-island district being developed north of Deira and connected to mainland Dubai by road links serving Port Rashid and the wider Dubai Creek corridor. Its beachfront setting places daily life on the water rather than inland, a point of differentiation for properties for sale in Palm Deira compared to landlocked communities further south.
The surrounding Palm Deira area is being built out with resorts, marinas, and low-rise residential stock, meaning infrastructure and amenity density will increase as neighboring plots complete alongside Sea Coral's own 2027 handover.
Project information
- Developer
- Nakheel
- Handover
- Q3 2027
- Total units
- 80
- RERA Escrow
- Abu Dhabi Islamic Bank
- DLD Project #
- 3062
DLD-verified today
Project intelligence
Construction timeline. DLD resale and rent analytics will populate as this community matures.
Sea Coral By Next Realty — handover progress
0%Source: Dubai Land Department open data. Analytics are computed from registered transactions and rent contracts; figures are indicative and not a guarantee of future performance.
Frequently asked questions about Sea Coral By Next Realty
How many units and floors does the building have?
Sea Coral comprises 80 apartments across a single G+2P+8+R building, roughly 10 usable floors above the podium levels.
Who is developing Sea Coral By Next Realty?
The project is developed by NEXT, an international developer with residential and hospitality projects across Georgia, Ukraine, Kazakhstan, Poland, Spain, Kenya, and the UAE.
What amenities are included on site?
The brochure lists a swimming pool, fitness center, restaurant, parking, direct beach access, and a yacht club, supported by a 3,060 sqm amenities complex.
What ROI does the developer project for this investment?
NEXT's own materials cite a projected ROI of up to 12% with an estimated payback period of 6 to 7 years, based on a price-growth forecast through 2027.
Which bank holds the project's escrow account?
The escrow agent recorded with Dubai Land Department is Abu Dhabi Islamic Bank.
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