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ENI Coral Tower - Image 1
Popular in Business Bay
Starting FromAED 4,037,000
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Status

Completed

Handover

Nov 2014

Total Units

N/A

Ownership

Freehold

Lifestyle

Luxury

About the Project

Overview

TL;DR Summary

  • Project Name: ENI Coral Tower
  • Developer: Emirates National Investment (ENI)
  • Location: Marasi Drive, Business Bay, Dubai
  • Status: Completed (Launched 2014)
  • Starting Price: AED 125,000 to AED 160,000+ (Average Annual Rent for 2-Bedrooms)
  • Property Types: 2, 3, and 4-Bedroom Apartments (19 Floors, 146 Units)
  • Key Amenities: Swimming Pool, Fully Equipped Gym, Steam & Sauna, Mini Golf, Kids Play Area.

Introduction to ENI Coral Tower

Welcome to ENI Coral Tower, an elegant and fully established 19-storey mixed-use development situated on the prestigious Marasi Drive in the heart of Business Bay, Dubai. Developed by Emirates National Investment (ENI) and launched in 2014, Coral Tower was designed to offer a balanced, family-friendly urban lifestyle right amidst the commercial intensity of the city. Comprising 146 spacious residential units alongside convenient ground-floor retail, it represents a highly reliable and comfortable living proposition.

ENI Coral Tower moves away from the trend of micro-apartments, focusing exclusively on larger 2, 3, and 4-bedroom configurations. This deliberate design choice fosters a stable, mature community demographic, making it highly attractive to established professionals and families. With its comprehensive suite of classic amenities, solid build quality, and spectacular views, Coral Tower remains a highly sought-after address for those seeking a premium rental or long-term home in Business Bay.

Unbeatable Location & Connectivity: Business Bay

The strategic location of ENI Coral Tower on Marasi Drive provides an exceptional geographical advantage. Business Bay is universally recognized as the commercial heart of Dubai, a dynamic mixed-use district that rivals global financial centers. Situated adjacent to Downtown Dubai, residents of Coral Tower are living at the absolute epicenter of the city's economic and cultural life.

Connectivity from the tower is exceptional. The development offers seamless and immediate access to major arterial roads, most notably Al Khail Road (E44), Financial Centre Road, and Sheikh Zayed Road (E11). This ensures that commuting to key destinations across the city, such as the Dubai International Financial Centre (DIFC), Dubai Marina, and Dubai International Airport, is highly efficient.

The immediate vicinity is enriched with a plethora of lifestyle conveniences. Coral Tower’s position on Marasi Drive means residents have direct access to the beautifully landscaped promenades of the Dubai Water Canal, perfect for jogging or evening strolls. Furthermore, the world-renowned Dubai Mall, offering an endless array of dining, shopping, and leisure options, is just minutes away. This prime positioning ensures that world-class entertainment and essential services are always within immediate reach.

Architectural Brilliance and Classic Design Philosophy

The architectural narrative of ENI Coral Tower is defined by classic, imposing verticality and a commitment to functional, spacious design. The 19-storey structure features a robust facade with extensive use of glass, maximizing natural light and offering sweeping, unobstructed views of the surrounding cityscape, the Burj Khalifa, and the sparkling Dubai Canal.

The interior design philosophy is centered entirely on maximizing space utility and providing long-term comfort. Because the building focuses on larger configurations, the layouts are exceptionally generous. The units feature expansive living and dining areas, large, well-appointed closed or semi-open kitchens, and wide balconies.

The interior finishes are of a high standard, utilizing durable flooring, contemporary cabinetry, and elegant sanitary ware. Many units feature dedicated maid’s rooms and ample storage spaces, reflecting a profound understanding of what established families require in a primary residence.

World-Class Amenities and Lifestyle Offerings

ENI Coral Tower is designed to offer a comprehensive suite of classic premium amenities that cater to health, wellness, and community interaction. Emirates National Investment ensured that the facilities matched the prestige of the Business Bay address, providing a sanctuary of relaxation within the bustling district.

At the heart of the leisure offerings is a large, beautifully maintained outdoor swimming pool, perfect for relaxation and active swimming, surrounded by a spacious sun deck. For fitness enthusiasts, the building boasts a fully equipped state-of-the-art gymnasium featuring modern cardiovascular and strength-training equipment. The wellness experience is further enhanced by the inclusion of dedicated sauna and steam rooms.

The development is highly family-oriented, featuring a safe, dedicated children's play area. Uniquely, the building also features a mini-golf facility, adding an element of distinct recreational charm. The ground floor incorporates retail shops, adding immense daily convenience for residents. Absolute peace of mind is ensured with 24/7 security, comprehensive CCTV monitoring, an integrated intercom system, and dedicated, secure resident parking.

Comprehensive Unit Configurations and Layouts

ENI Coral Tower offers a highly focused portfolio of 146 residential units, prioritizing expansive living spaces over high density. The tower exclusively comprises 2-bedroom, 3-bedroom, and 4-bedroom apartments.

The sizing is generous and practical, designed to maximize the luxurious living experience. The 2-bedroom apartments are significantly larger than the Dubai average, generally ranging from 1,000 to over 1,500 square feet, offering ample room for couples and small families. The 3 and 4-bedroom units provide massive living areas, multiple en-suite bathrooms, and expansive balconies, making them perfect for larger families seeking villa-like proportions within a high-rise setting.

While specific sales prices fluctuate based on market availability, the rental market for Coral Tower is incredibly robust and clearly defined. Due to the high demand for spacious, family-oriented units in Business Bay, these apartments command premium rental rates. Average annual rents for the 2-bedroom configurations typically range from AED 130,000 to AED 160,000+, depending heavily on the specific floor, upgrades, and whether the unit offers full Canal or Burj Khalifa views.

Flexible and Investor-Friendly Dynamics

As a fully completed and highly mature development (launched 2014), ENI Coral Tower offers immediate, tangible value for both end-users and investors. The secondary market for these units is highly active and liquid, supported by the building's established reputation, its generous unit sizes, and its prime location on Marasi Drive.

Buyers benefit from the absolute security of purchasing a finished, income-generating asset. The purchasing process is straightforward, with various attractive mortgage options readily available from major UAE banks. The transparent management ensures that the physical asset is maintained to exacting standards, preserving its value over the long term.

For investors seeking massive and immediate rental yields, Coral Tower is a phenomenal asset. The building's focus on larger units makes it incredibly popular with high-paying corporate tenants and established expatriate families looking for long-term leases. The building typically experiences incredibly low vacancy rates, making it a highly reliable, cash-flow generating asset with strong gross yields.

The Visionary Developer: Emirates National Investment (ENI)

The exceptional quality and enduring prestige of Coral Tower are a direct reflection of its developer, Emirates National Investment (ENI). As a prominent UAE-based investment and development company, ENI has a diverse portfolio of successful commercial, residential, and agricultural projects.

ENI brings a commitment to robust engineering, practical design, and superior facility management to all their developments. Their philosophy is centered on delivering world-class projects that enhance the urban fabric of Dubai while providing genuine, long-term value to end-users and investors. When investing in a property backed by ENI, buyers are assured of a residence that has been built to exacting standards and managed to preserve its premium status over the decades.

The Investment Case for ENI Coral Tower

The investment case for ENI Coral Tower is exceptionally strong, driven primarily by its irreplaceable location in Business Bay, its focus on large family-sized units, and the sheer prestige of its Canal-side positioning. The demand for well-located, spacious apartments in Business Bay remains incredibly high, driven by the continuous influx of corporate professionals.

Coral Tower offers a highly attractive proposition for landlords. The combination of premium amenities—particularly the pool, the gym, and the mini-golf—makes the building highly competitive. Investors can reliably achieve strong net yields, securing stable, long-term tenancies from families who value the space and the location.

Furthermore, investing in a completed, high-quality asset in Dubai's commercial center offers significant security. As the infrastructure surrounding the Dubai Water Canal continues to mature, the capital appreciation potential and value retention for properties in ENI Coral Tower remain incredibly robust, making it a strategic, high-performing blue-chip asset for any diversified real estate portfolio.

Conclusion: A Paradigm of Spacious Urban Living

In summary, ENI Coral Tower by Emirates National Investment is a masterclass in classic, premium urban living. By harmonizing an elegant high-rise architectural design, a wealth of active lifestyle and wellness amenities, an unbeatable, highly connected strategic location directly on Marasi Drive, and the proven expertise of the developer, it offers an unmatched living proposition. The diverse range of expansive 2, 3, and 4-bedroom apartments caters perfectly to the needs of modern professionals and established families, providing a secure, comfortable, and highly functional sanctuary. The exceptionally strong investment fundamentals, driven by massive rental demand for large units in Business Bay, further solidify its status as a premier choice in the Dubai real estate market. We invite you to explore the excellent possibilities that await at ENI Coral Tower and secure your future in a vibrant, world-class commercial and residential hub.

Visual Experience

Gallery

ENI Coral Tower gallery 1
World-Class

Amenities

Swimming Pool

Gym

Sauna

Steam Room

Amenities.mini_golf

Amenities.clubhouse

Kids Play Area

Retail Outlets

Amenities.security

Parking

Concierge

Strategic Position

Location

Business Bay

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