Coralis Residences

Coralis Residences is a single building developed by Palladium Prime Real Estate Development in Meydan, currently under construction and available for presale. The project comprises five residence types, ranging from one-bedroom apartments to five-bedroom sky villas, with prices running from AED 1.95 million to AED 26 million.

# The building and its position in Meydan

The architecture takes its formal cues from the geometry of coral: curved facades, an organic massing, and a silhouette that reads differently depending on the angle of approach. Whether the execution fully delivers on that ambition will be confirmed at completion, but the design intent is legible and coherent.

Meydan sits between Downtown Dubai and the older residential corridors of Nad Al Sheba. The area has spent the better part of a decade transitioning from a racecourse precinct into a broader mixed-use district, and land values have moved accordingly. A single-building project on this scale occupies a particular niche: it is neither a boutique townhouse cluster nor a large-scale tower complex, which gives it a degree of intimacy that larger Meydan developments do not offer.

# Residences, layouts and finish

The unit mix runs from a 900 sq ft one-bedroom apartment, priced at AED 1.95 million, through to a 5,500 sq ft four-bedroom residence at AED 26 million. A five-bedroom configuration extends to 8,400 sq ft, though pricing for that tier has not been disclosed publicly. The two-bedroom sits at 1,200 sq ft (AED 2.475 million) and the three-bedroom at 2,150 sq ft (AED 4.5 million).

All units are delivered furnished. That is a meaningful distinction at this price point, removing the procurement and fit-out friction that often consumes six to twelve months post-handover. Service charges are set at AED 30 per sq ft, which prospective buyers will want to model carefully against comparable buildings in the district before committing.

The four and five-bedroom sky villas are accessed by private lifts and positioned to face Downtown Dubai and the Burj Khalifa. At 5,500 sq ft and above, they constitute a separate product tier within the building, one aimed at buyers who want the privacy of a villa format without leaving a managed residential tower.

# Amenity provision

The podium level holds a landscaped deck with a pool and a basketball court. The developer's materials reference additional leisure programming, but the confirmed amenities on record are those two. Buyers should verify the full podium specification directly before exchange.

# Location, access and the Meydan context

Meydan's geographical logic is its centrality. Downtown Dubai is reachable in a short drive; Dubai Hills Estate sits to the south-west; and the older Emirates Road corridor connects northward without significant congestion outside peak hours. The Meydan Racecourse, which hosts the Dubai World Cup each spring, is the district's most prominent landmark and anchors its identity as a venue for an internationally mobile resident base.

The area's green infrastructure, tree-lined boulevards and proximity to open parkland give it a spatial quality that denser parts of the city cannot replicate.

# Who this project suits, and where it sits in the market

At the one and two-bedroom end, Coralis competes with a broad swathe of Meydan and Mohammed Bin Rashid City product, and the per-square-foot pricing will attract buyers who want a furnished entry into the district without a large capital commitment. The sky villa tier is a different conversation entirely. A 5,500 sq ft, four-bedroom unit at AED 26 million targets buyers who are already active in the AED 20 million-plus segment and are weighing Meydan against Palm Jumeirah or Dubai Hills as a primary or secondary residence.

The five-unit count is the most unusual variable here. For buyers who value low-density living within a managed building, that figure is the single most compelling number in the project sheet.