Price from
AED 1.95M
Starting price for Coralis.

New Launch
Coralis by Palladium Development is a boutique 79-unit, 10-storey residential tower in Meydan with one-bedrooms from AED 1.95M and a Q3 2028 handover.
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Data coverage
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Price from
AED 1.95M
Starting price for Coralis.
Completion
Q3 2028
Tracked completion target for Coralis.
Related projects
8
Nearby launches and other Palladium Development projects.
Coralis is a boutique 10-storey residential tower in Meydan by Palladium Development, offering 79 apartments priced from AED 1.95M with a Q3 2028 handover. Entry-level one-bedrooms at 83.61 sqm price at AED 23,323 per sqm — competitive within the Meydan mid-market but above the cheapest district alternatives. Palladium has sold out two previous boutique projects — The Grandala in Jumeirah Gardens and Amazonia in Al Jadaf — providing a delivery credibility reference that matters at the zero-construction-progress stage Coralis occupies today. Before Coralis earns selection status, evaluate whether the boutique mid-rise scale justifies the per-sqm price against Binghatti's simultaneous high-volume launches in the same postcode, whether Q3 2028 timing aligns with your capital deployment horizon, and whether Palladium's two other active Dubai Internet City launches offer a sharper value entry within the same holding window.
Three standard apartment types define the Coralis pricing ladder. One-bedrooms measure 83.61 sqm at AED 1.95M, equating to AED 23,323 per sqm. Two-bedrooms at 111.48 sqm are listed at AED 2.48M — AED 22,201 per sqm — making the two-bedroom the marginally sharper entry on a per-sqm basis, which is atypical for boutique mid-rise product and worth interrogating with the developer on final pricing rationale. Three-bedrooms at 199.74 sqm price at AED 4.5M or AED 22,529 per sqm, maintaining consistent mid-market positioning across all three standard residential tiers. The penthouse at 510.97 sqm and AED 26M carries AED 50,884 per sqm — a dramatic uplift targeting an entirely different buyer profile and liquidity pool. Total unit count across the 10-storey building is 79. Boutique scale limits competing resale listings at handover, which is a genuine differentiator in a district where Binghatti is bringing thousands of units online simultaneously. The trade-off is constrained secondary-market depth — a thin order book cuts both ways if you need to exit quickly post-completion. A 5% buyer-side fee applies at acquisition and must be built into your all-in cost before comparing net entry prices against larger competing launches. Confirm construction-phase payment plan milestones directly with Palladium Development before any reservation — specific draw-down schedules and any DLD fee arrangements determine true capital deployment across the period to Q3 2028 handover.
Meydan occupies a strategically attractive gap between Downtown Dubai and the outer ring of the Mohammed Bin Rashid City masterplan, approximately 5–7 km from the Burj Khalifa with typical off-peak drive times of 10–15 minutes via Al Khail Road (E44). The Meydan Racecourse — permanent home of the Dubai World Cup, the world's richest horse race at a US$12 million prize purse — anchors the district's international identity and sustains occupier demand well beyond the racing calendar. The broader MBR City masterplan, covering approximately 54 square kilometres surrounding Meydan, includes planned retail, hospitality, and cycling infrastructure delivery that underpins the long-term capital appreciation thesis driving most off-plan activity here. The current absence of a Dubai Metro connection is a material constraint on tenant pool depth for any Meydan project, including Coralis. Residents rely entirely on private vehicles, which narrows the occupier profile and demands conservative rental yield assumptions until public transit connectivity improves. This limitation is particularly relevant for investors targeting a buy-to-let strategy post-handover, where tenant access to employment hubs without a car becomes a real leasing friction point. On the supply side, Binghatti alone is delivering multiple towers in Meydan targeting the same 2027–2029 handover window — the resulting absorption wave is the primary market risk for buyers banking on day-one rental demand or near-term resale premiums at completion.
Palladium Development has built a recognisable boutique pattern across five Dubai projects totalling approximately 700 units. The clearest delivery reference for Coralis buyers is The Grandala in Jumeirah Gardens — an 87-unit, eight-storey building that sold out on primary launch and is tracking to a June 2026 handover, giving buyers the nearest equivalent data point for Palladium's execution pace and post-handover resale market formation. Amazonia in Al Jadaf, a 91-unit building targeting September 2027 completion, also sold out on primary launch, demonstrating consistent market acceptance of the developer's boutique format and pricing approach across different Dubai districts. Two active projects sit alongside Coralis in the current Palladium pipeline. The Royal Yacht in Dubai Internet City is a larger 235-unit project sharing the same September 2028 handover date as Coralis, giving buyers direct developer concentration to consider if they hold positions in both. Magnolia, also in Dubai Internet City at the same handover timeline, opens from AED 1.25M for a one-bedroom — approximately AED 700,000 below Coralis's entry price for comparable developer exposure. If your investment thesis prioritises developer reliability over location-specific upside, comparing all three active Palladium launches across Meydan and Dubai Internet City on a per-sqm and projected yield basis before committing to any one of them is essential capital discipline. Secondary-market resale pricing on The Grandala will give the sharpest available signal on what Palladium product actually achieves post-handover in Dubai's current market.
Three Meydan launches demand direct comparison before Coralis earns a selection position. Zen Lagoons by Sanzen is the sharpest price challenge: a 230-unit, 23-storey tower targeting December 2028 handover with one-bedrooms priced below AED 1.4M at AED 20,715 per sqm — materially cheaper than Coralis on both absolute price and per-sqm metrics. Sanzen carries thinner delivery track record than Palladium, but the price differential is wide enough to demand serious due diligence on whether Coralis's boutique scale genuinely commands the premium in a rising-supply environment. Rove Home Meydan Horizon brings branded hotel-residence positioning at a March 2029 handover, with one-bedrooms from AED 1.62M at AED 27,629 per sqm — approximately 18% above Coralis on a per-sqm basis — justified by the Rove hospitality brand and operator-managed rental income that eliminates self-management risk for passive investment buyers. Vision Avtr, Binghatti's 66-storey tower in Meydan sharing the same September 2028 handover window as Coralis, enters at AED 2.6M for a one-bedroom at AED 25,678 per sqm. Binghatti's established Dubai delivery record — including Vision Simplex approaching its mid-2026 Meydan handover — adds credibility to its Q3 2028 pipeline commitments at a scale that Palladium simply cannot match. For the complete off-plan acquisition process and a full supply and demand breakdown for the district, Meydan's investment profile is the most decision-critical next step before signing any reservation form.

At AED 23,323 per sqm for a one-bedroom and AED 22,201 per sqm for a two-bedroom, Coralis sits in the mid-market range for Meydan. Binghatti's Vision Avtr, targeting the same September 2028 handover, prices one-bedrooms at AED 25,678 per sqm — roughly 10% above Coralis. Zen Lagoons by Sanzen, due December 2028, undercuts Coralis at AED 20,715 per sqm. Rove Home Meydan Horizon, a branded hotel-residence due March 2029, prices at AED 27,629 per sqm — around 18% above Coralis. Coralis is neither the cheapest nor the most expensive entry in its competitive set. Whether that mid-market position holds at resale in 2028 depends on boutique scarcity value against the supply pressure generated by Binghatti's simultaneous multi-tower delivery across the same district.
Palladium has two sold-out projects as concrete delivery references. The Grandala in Jumeirah Gardens — 87 units across eight storeys — sold out on primary launch and tracks to a June 2026 handover. Amazonia in Al Jadaf — 91 units across 12 storeys — also sold out and targets September 2027 completion. Neither project carries a documented delivery failure. As a boutique developer with approximately 700 units across five total projects, Palladium does not have the delivery volume of a major UAE builder, which means each new launch carries meaningful execution concentration risk. Under RERA regulations, all Dubai off-plan projects must be registered in the Oqood system with a ringfenced escrow account. Buyers should verify Coralis's DLD registration and escrow account details independently before transferring any reservation deposit.
The two-bedroom at 111.48 sqm for AED 2.48M prices at AED 22,201 per sqm — fractionally below the one-bedroom's AED 23,323 per sqm — which is unusual and suggests the one-bedroom is being carried at a slight premium. For rental income, one-bedrooms in Meydan attract a broader tenant pool, particularly corporate singles and couples, and achieve faster re-let cycles, reducing vacancy risk. Two-bedrooms appeal to families and longer-term tenants, producing more stable lease lengths but slower churn management when exits occur. Given that Meydan currently lacks a Dubai Metro connection and tenants must rely on private transport, the stronger and more diverse demand for one-bedrooms gives the AED 1.95M entry the edge for a pure income strategy. Model yield on realistic post-handover comparable rents and add the 5% buyer-side fee to your all-in acquisition cost before committing to either unit type.

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