NEXT Coral Dubai Islands: Off-Plan Apartments Guide (2026)

NEXT Coral Dubai Islands is an 80-apartment, ten-floor residential building that the developer NEXT sells off-plan on Dubai Islands, with a handover shown as December 2027 and a one-bedroom apartment of 80 m² from USD 573,449 on the developer’s project page.

This guide reads that page as it stood on 8 November 2026 and sets its figures beside the rules that govern off-plan sales in Dubai: the interim property register, the project escrow account and the Dubai Land Department fee schedule. Where the page publishes nothing, the guide says so in a neutral clause and names the official way to check.

Overview of NEXT Coral Dubai Islands

NEXT, a developer whose site lists offices in Batumi, Tbilisi, Dubai and Warsaw, presents NEXT Coral as a residential complex by the sea on Dubai Islands. The project is the only one in the United Arab Emirates on the developer’s project list, and the About page records the start of construction in its 2022 entry, in the same sentence as NEXT Gardens in Georgia.

The building-details block of the project page prints 80 apartments, 10 floors, 4 elevators, 87 parking spaces and a land plot of 3,060 m². Calculated here, and not printed by the developer, the plot works out at 38.25 m² per apartment and the parking at 1.09 spaces per apartment. An even spread over the floors would be eight apartments a floor, although the page gives no floor-by-floor count.

The offer is off-plan. The page gives the handover as December 2027 and a payment plan of 10% as the first payment, 30% in instalments and 60% in December 2027. Prices are printed in US dollars beside the badge “Renovation Included”. Section 2 sets out the six printed prices, and section 4 the facilities and the legal frame.

The project page does not publish a plot number, a street address, a map pin, the name of the master developer, the contracting entity, a RERA or Dubai Land Department project number, an escrow bank, a unit-by-unit price list or an availability table. These are normal parts of a Dubai off-plan file, and sections 4 to 6 explain how a buyer obtains each one.

The page also carries income and residency statements; their terms belong in the sale documents, and this guide replaces them with the official rules.

Unit types, sizes, prices and the payment plan

The project page prints prices for four unit types in a hero strip and in two layout blocks. The one-bedroom and two-bedroom blocks each give a starting size and price and an upper size and price; the hero strip adds a one-bedroom-plus-study and a three-bedroom. The table lists every printed figure and converts it to dirhams at the official peg of 3.6725 per US dollar.

The page carries the badge “Renovation Included” beside the prices. Its running text says the apartments use quality materials, furniture and appliances that meet international standards, and it does not say whether furniture is part of the price; the specification annex of the sale contract is where that is settled. Each apartment is described as having separate living areas, a full kitchen, a terrace and floor-to-ceiling windows.

The numbers below are calculated from the printed pairs of size and price. A starting price and a starting size are printed together, so the price per square metre is arithmetic on figures the developer publishes together, and not a rate the developer states.

Five of the six rows sit between USD 7,036 and USD 7,313 per square metre, a spread of 3.9% from lowest to highest. The largest two-bedroom, at USD 7,865 per square metre, is 9.7% above the smallest one-bedroom, the only row that departs far from the others. The page gives no reason for it, and a larger unit may sit higher in the building or carry a larger terrace; the layout blocks do not say.

Bedroom count does not rank the units by size. The largest printed one-bedroom (167 m²) is bigger than the 1+1 + Study (130 m²) and bigger than the smallest two-bedroom (138 m²), and at USD 1,174,939 it costs more than either. The smallest two-bedroom costs 1.70 times the smallest one-bedroom for 1.725 times the area, so the extra bedroom is priced almost exactly in proportion to the extra floor space.

A buyer who compares by area and price per square metre, not by the label, avoids reading a larger one-bedroom as a smaller purchase.

Every printed price is above AED 2,000,000 once converted; the smallest, 2,105,991, is the nearest. AED 2,000,000 is USD 544,588 at the peg. The residence rule that uses this figure is described in section 6, and it applies to the value that Dubai Land Department assigns, not to a listing price.

The payment plan in dirhams

The page also carries a banner, common to the developer’s projects, saying that a 0% instalment plan of 12 to 45 months is available depending on the project and the handover date. It does not say whether the banner applies to the 30% instalment block of this project, so the length and the interest terms of that block are items for the sale contract.

From 8 November 2026 to December 2027 is 13 months. As an illustration only, and not the developer’s schedule, 30% of the smallest price paid in 13 equal monthly amounts would be USD 13,233 a month, or AED 48,600. The largest single sum is the 60% at handover, AED 1,263,595 on the smallest apartment. The page publishes no mortgage or financing arrangement for that balance, so the buyer has to plan how it will be paid.

Location of NEXT Coral Dubai Islands: the islands and the site

Dubai Islands is the name Nakheel, the master developer, gives to a group of five islands along Dubai’s northern coastline, formerly known as Deira Islands. Nakheel’s release of 22 August 2022 gives a total area of 17 square kilometres, describes the plan as aligned with the Dubai 2040 Urban Master Plan, and says the islands are reached by road bridges and water transport and lie a short distance from Dubai International Airport, Dubai Creek, Jumeirah and Downtown Dubai.

The release gives no distances in kilometres or minutes.

The same release lists over 80 resorts and hotels, over 20 kilometres of beaches including a Blue Flag certified beach, about two square kilometres of parks and open spaces, and golf courses overlooking the Arabian Gulf. The developer’s project page repeats the five islands, the 20 kilometres of beaches and the 80 resorts and hotels, and adds more than 20,000 homes. The Nakheel release read for this guide prints no home total, so that figure is attributed to NEXT alone.

Nakheel’s news list shows that building on the islands continued through the autumn of 2026. Items dated 17 September to 26 October 2026 name a main construction contract for Bay Grove Residences, described as 617 homes, a marine-works contract for 3 km of western shoreline and the launch of the gated Bay Estate community. These are Nakheel projects and not NEXT’s; they place the neighbourhood as an active building site, with completion dates that the headlines do not give.

Where the building stands on the islands

The developer’s page places NEXT Coral on Dubai Islands and publishes no plot number, no street and no coordinates; the page source carries no map. Its two proximity entries read “50 meters”, “First line”, “to the yacht club” and “300 meters”, “Dubai Island Beach”. The page does not say what the 50 metres are measured from, whether the yacht club is already built, or which of the five islands holds the building.

Those gaps matter because of what Dubai requires for registration. The Register Project service of Dubai Land Department (DLD) lists, among the documents a developer submits, a no-objection letter from the main developer approving the project name, the off-plan sale and the marketing, and a development agreement where the landowner differs from the developer. The land must lie in a freehold or long-term lease area, and an ownership deed must exist; preliminary sales certificates are not accepted.

A buyer who holds the plot number can ask for each of these documents by name.

DLD’s Project Status Enquiry can be searched by project name or number. The page template shows, for each registered project, the project number, the developer, the units registered, the start and completion, the property location, the management company and the escrow bank. Matching that record to the developer’s “Dubai Islands” wording is the quickest way to tie the sales material to a registered plot.

The page gives travel times for six places without saying whether they are by road, at what hour, or measured from the building door. Dubai International Airport, Downtown Dubai and Palm Jumeirah are separate districts of the city, so the figures of 10, 20 and 30 minutes are the developer’s estimates. A buyer can test them on a map application at the hour of day that matters to the household.

Tenure and title

The page does not say whether the plot is freehold. DLD’s frequently asked questions state that, under the Real Estate Registration Law, foreign ownership is open in freehold areas, and the registration terms quoted above tie off-plan projects to freehold or long-term lease land. The question for the developer is therefore which of the two applies and where it is recorded. The answer sits in the project registration certificate and, after completion, in the title deed. The freehold and leasehold guide explains the difference.

Nothing on the page describes rental use, short-term letting or a hotel-style management arrangement. The facilities list mentions room service and laundry service, and the page does not say whether they are offered to owners, to guests or to both. This guide therefore does not describe a rental programme and does not estimate income.

Facilities, off-plan protections and fees

What the page lists in the building

The facility list on the project page is short. The table gives each item in the page’s words, beside the points the page leaves open.

The page also prints performance statements about earthquake resistance and energy savings. They are the developer’s own engineering claims, and this guide does not restate them; a buyer who relies on them asks for the structural and thermal design documents.

Pool, lifts, cooling and parking are the items that normally carry running cost. Under Dubai’s Law No. 27 of 2007 on jointly owned property, structural parts, swimming pools, parking areas, elevators and cooling systems are Common Areas unless the site plan says otherwise (Article 7). An Owners Association manages them (Article 21), and each owner pays a share of the annual service fees in proportion to the unit’s area (Article 22), as the DLD legislation compendium prints them.

The project page publishes no service-fee estimate; the buyer asks for the budget per square metre and for the name of the management company.

How Dubai regulates an off-plan sale

Dubai Law No. 13 of 2008 requires every off-plan disposition to be entered in the Interim Property Register, and a sale or other disposition that is not entered there is void (Article 3). A developer may not sell off-plan before it holds the land and the approvals of the competent entities (Article 4), and a private sale contract in a project those entities have not approved is null and void (Article 10).

When the completion certificate is issued, the developer enters the project and the sold units in the Property Register in the purchasers’ names (Article 8).

Law No. 8 of 2007 covers the escrow account. A developer that sells off-plan must ask DLD to open one, in the name of the project, with an escrow agent that DLD accredits, and the purchasers’ payments are deposited there (Articles 6 and 7). After the completion certificate, the escrow agent retains 5% of the account’s total value until one year after the units are registered in the purchasers’ names (Article 14).

Executive Council Resolution No. 6 of 2010 adds that a broker marketing the project must pay sale proceeds into the project escrow account without first deducting a commission (Article 12).

DLD’s service pages describe the current mechanics. A project is registered through the Oqood portal against a 30% security, supplied as completed construction, a bank-issued instrument or a cash deposit. Release from the escrow account is applied for through the same portal and is tied to a recent technical report issued by DLD. The English compendium in which the three laws are printed is dated 2014, so a buyer checks the current text of any article before relying on it.

How a buyer verifies the project

Law No. 8 of 2007 also says that a developer may not advertise off-plan units in local or international media, or take part in exhibitions to promote them, without written authorisation from DLD (Article 5). DLD’s project record is available on its website and, according to the page, in the Dubai REST application under Project Status. The checklist puts the documents in the order a buyer can usually obtain them.

1. Ask the developer for the RERA project number and the registered name of the company that will sign the sale and purchase agreement.
2. Search the number or the project name in DLD’s Project Status Enquiry and compare the developer, location, units registered and completion shown there with the sales material.
3. Ask for the escrow bank and account name, and confirm that the payments, including the first payment, are made into that account; Article 7 of Law No. 8 of 2007 provides for purchasers’ payments to be deposited in the project’s escrow account.
4. After signing, ask for the provisional registration certificate; the sale and purchase contract is to be registered in the provisional register within 90 days of signing, per the DLD service page.
5. Ask for the plot number, the tenure of the plot and the master developer’s no-objection letter for the off-plan sale.
6. Ask whether the developer is registered in DLD’s Trakheesi system, which the Register Project terms mention, and whether the advertising carries DLD’s written authorisation (Law No. 8 of 2007, Article 5).
7. Check in the contract the net area of the unit, the handover date and what counts as handover, and the payment dates.
8. Ask for the service-fee estimate and the name of the Owners Association manager.

Dubai Land Department fees on the printed prices

The registration fee on the sale contract is the main fee that DLD sets. The table applies it to the smallest one-bedroom price, USD 573,449, which is AED 2,105,991 at the peg of 3.6725; the Central Bank of the UAE’s exchange-rate table for September 2026 shows the US dollar at 3.6725. DLD describes the same 4% in two ways, and the table prints both.

The percentages are the published ones; the amount payable in a given purchase is the figure in the signed contract and the DLD receipt. The 2013 fee table and the 2014 compendium are older than the current DLD pages, so the buyer asks the developer for the fee statement that DLD issues for the unit.

Buying an off-plan apartment in Dubai in brief

The developer’s page describes a three-step process: reserve the unit, sign a preliminary purchase agreement and register the future ownership, then pay monthly or quarterly and take ownership after completion and full payment. The page names a “Public Registry” for the registration and does not name Dubai Land Department or Oqood; in Dubai the register for off-plan sales is DLD’s provisional register, so the buyer asks for the Oqood registration certificate.

The steps below combine the developer’s description with the official services quoted in section 4. Times are given only where a source states them.

The documents differ by buyer type. For an individual, the DLD service page asks for a copy of the sale and purchase contract and, for a non-resident, a valid passport copy. A company buyer submits a valid trade licence and the licence holder’s identification, and a foreign company also supplies a translation of its memorandum of association into Arabic, ratified by the Ministry of Foreign Affairs, with a letter of no objection from a free zone where relevant.

The buyer therefore decides before reservation whether the apartment is to be held personally or through a company.

Resolution No. 6 of 2010 gives DLD a conciliation role if the developer and the purchaser disagree (Article 14), and lets a purchaser ask a court to end the contract in listed cases: the developer refuses to deliver the final sale agreement, declines to settle payments in line with construction milestones, makes material changes to the agreed specification, or hands over a unit unfit for use because of material defects (Article 20).

Reading the specification annex and the milestone schedule before signing is the practical use of those provisions.

If a buyer misses an instalment, the developer’s route is the one DLD describes on its deregistration service page: a warning, a notice period and a technical report on the building before the provisional registration can be cancelled. Resolution No. 6 of 2010 sets the notice period at 30 days and caps what a developer may retain according to how much of the project is built (Articles 15 and 17).

These rules protect both sides, and the payment dates in the contract are the ones to read first.

Tax, residence and financing for a foreign buyer

The UAE government portal states that the country does not levy income tax on individuals and levies 5% value added tax on the purchase of goods and services. The Federal Tax Authority’s guide for natural persons treats income from real estate investment, meaning sale, leasing and sub-leasing of land or property that is not carried out through a trade licence, as excluded from corporate tax.

Whether VAT applies to a particular supply of an apartment is a point for the sale contract and a tax adviser, and the property tax guide covers the recurring charges.

For residence, the u.ae portal’s table of Golden Visa categories lists investors in real estate with a minimum capital of AED 2 million. The duration shown there for real-estate investment on 8 November 2026 is five years, and the page was last updated on 28 July 2026. The Golden Visa guide discusses the property route in more detail, and the Federal Authority for Identity, Citizenship, Customs and Port Security handles the application.

The developer’s page states a residency benefit; the official rule is the one in the table, and any visa depends on the buyer’s own application.

On this page every printed price converts to more than AED 2,000,000, so each is at or above the threshold figure. Eligibility turns on the value that DLD recognises, on whether an off-plan unit counts, and on the paperwork required, none of which a developer’s price list settles. A buyer who wants residence as an outcome asks DLD and the Federal Authority before paying.

The project page publishes no mortgage, bank partner or financing offer. The 60% balance due in December 2027 is therefore a cash obligation unless the buyer arranges a loan separately, and lenders set their own terms for non-residents and for off-plan units. This guide gives no lending figures because none was found on an official source for this project.

What to prepare when reserving

1. The reservation form showing the unit number, floor, net area, price in USD and the AED equivalent with the exchange rate used.
2. The draft sale and purchase agreement, with the definition of handover, the payment dates and the specification annex for the renovation.
3. The RERA project number, the escrow bank and account name, and a printout of the DLD project record.
4. The full legal name and registration details of the contracting entity, since the developer’s website names no legal entity.
5. The plot number, the tenure of the plot and the master developer’s no-objection letter for the off-plan sale.
6. The provisional registration certificate that follows signing, and the service-fee estimate for the building.
7. A valid passport copy, which DLD lists for non-resident individuals, and any further identification the developer asks for.

How NEXT Coral Dubai Islands compares with the other NEXT projects

NEXT Coral Dubai Islands is the only NEXT project outside Georgia among the thirteen NEXT listings on this site. The other twelve sit in Batumi and its coast, in Kobuleti or in Tbilisi, and the table lists all thirteen with the figures on the developer’s project pages and home-page cards on 8 November 2026. The starting prices do not share one basis: some include renovation, some are white-box or furnished studios, and the card for each project names its own cheapest unit.

In round numbers, the Dubai price is 2.8 times the highest Georgian starting price in the table (USD 206,000 for a Petite Studio in Tbilisi) and 11.7 times the lowest (USD 49,000), but the units differ in type, size and finish, so the ratios describe the cards and not like-for-like homes. The legal frame also differs.

Georgian purchases are registered with the National Agency of Public Registry, the Dubai purchase with Dubai Land Department, and the Georgia country page and the UAE country page collect the listings of each market.

For context in other Georgian cities, the Batumi page and the Tbilisi page list the projects of each city, and the Mira Verde project in the Tbilisi hills is described in a separate guide. The Delux Horizon and Mardi Hills pages cover two Batumi projects by other developers. No project in this comparison is presented as better than another.

For Dubai itself, the off-plan buyer’s guide covers the payment-plan types and the rules for buying property in Dubai the general legal frame; the Dubai city page lists the other Dubai listings on this site.

NEXT (developer)

This section reports what the developer’s own pages state. The home page and the About page present NEXT, also written NEXT Group or Next Property, as a development company, and the home page’s figures block gives 8 years in real estate development. The About page tells the company’s history as a timeline that begins in 2018 with NEXT Apartments, NEXT Green and NEXT White in Batumi.

The timeline places NEXT Hotels, Wyndham and Villa Park in 2020, Radisson Blu and NEXT Collection in 2021, and NEXT Address, NEXT Coral and NEXT Gardens in 2022. It then names NEXT Amani in Kenya in 2023 and NEXT Oriental and Villa Perla in Marbella in 2024, and an expansion to Zanzibar. The project list in the site menu includes, alongside the thirteen listings compared above, NEXT Amani, Villa Perla by Next, Villa Park, NEXT Apartments, NEXT White and NEXT Green.

The site lists offices in Batumi, Tbilisi, Dubai and Warsaw, and a Kenya address at Tatu City, and the About page names Radisson Hotel Group and Wyndham Hotels and Resorts as hotel partners for its Radisson Blu and Wyndham projects. For the Dubai project, the page names no hotel brand or operator; the services listed are concierge, room service, laundry, reception and security. The developer also publishes a mobile application for managing bookings and payments.

Everything in this section is the developer’s own statement, and none of it has been audited for this guide.

Frequently asked questions

What is NEXT Coral Dubai Islands?

It is a residential complex that the developer NEXT sells off-plan on Dubai Islands, a group of five islands off Dubai’s northern coast. The project page prints 80 apartments in a ten-floor building, four unit types from one to three bedrooms, a handover of December 2027 and a payment plan of 10%, 30% and 60%. It names no plot number or master developer, so the project record at Dubai Land Department is the place to confirm the details.

How many apartments does NEXT Coral Dubai Islands have, and what types?

The building-details block gives 80 apartments, 4 elevators, 10 floors and 87 parking spaces. The printed types are One Bedroom (1+1) from 80 m² up to 167 m², a 1+1 + Study of 130 m², Two Bedroom (2+1) from 138 m² up to 267 m² and a Three Bedroom (3+1) of 257 m². The page lists no studio, duplex or penthouse and does not say how many apartments of each type exist.

What does an apartment in NEXT Coral Dubai Islands cost?

The cheapest printed price is USD 573,449 for a 1+1 of 80 m², which is AED 2,105,991 at the 3.6725 peg. The largest printed price is USD 2,099,908 for a 267 m² two-bedroom. The page carries a “Renovation Included” badge beside the prices, and the six printed figures are not a unit-by-unit price list; the buyer asks for the current price of the exact unit in writing, together with its net area.

How does the 10/30/60 payment plan work?

The page prints 10% as the first payment, 30% in instalments and 60% in December 2027. On the smallest apartment that is USD 57,345, USD 172,035 and USD 344,069. The page says payments are monthly or quarterly during construction but publishes no dates, and the 60% handover payment is the largest sum. A reservation deposit of USD 1,000 to 3,000 holds a unit for a week or up to a month.

When is the handover, and what does it include?

The page gives December 2027 as the handover and as the date of the 60% payment, and the About page places the start of construction in 2022. A month is printed, not a day. The sale contract should define handover, for example as the completion certificate or the unit being ready for inspection, since the title entry follows completion and full payment under Dubai’s register rules.

Where exactly on Dubai Islands is the building?

The page does not say. It gives “50 meters” to a yacht club and “300 meters” to Dubai Island Beach, with travel times of 2 to 30 minutes to other places, and it prints no plot number, street or coordinates. The buyer asks for the plot number and the master developer’s name, then looks the project up in DLD’s Project Status Enquiry to see the registered location.

Does the project page publish RERA, DLD or escrow details?

No. The page prints no project number, escrow bank or permit, and the developer’s site names no contracting entity. That is the normal starting position of a sales page, and Dubai provides the check: the developer supplies the RERA number, the buyer searches DLD’s Project Status Enquiry, and the escrow bank shown there is compared with the account named in the contract before any payment.

Which fees come on top of the price?

The main fee is DLD’s registration fee of 4% of the contract value, which is AED 84,240 on the smallest apartment. DLD’s pages show it as seller 2% and purchaser 2% plus small fixed fees, and the parties’ agreement decides who pays. Service fees, any brokerage and the developer’s own administration charge are not published on the page and belong in the contract.

Can a foreign buyer own an apartment here, and does it reach the Golden Visa threshold?

DLD states that foreign ownership is open in freehold areas, and the page does not say which tenure applies, so the plot’s tenure is confirmed in the registration documents. The u.ae portal lists a minimum capital of AED 2 million for the real-estate investor category, and all printed prices exceed it once converted. The qualifying value is the one DLD assigns to the property, and the visa is a separate application.

What does “Renovation Included” mean for the finish?

The page shows a “Renovation Included” badge beside the prices and says the apartments use quality materials, furniture and appliances. It does not list brands, fixtures or whether furniture is supplied. The specification annex of the sale contract is the document that defines the finish, and the buyer asks for it, with the net area and the layout drawing for the unit, before signing.

Sources and last check

Last checked: 8 November 2026. Sources:

• NEXT: NEXT Coral project page
• NEXT: home page with project cards
• NEXT: About page and company timeline
• Nakheel: Dubai Islands master plan release, 22 August 2022
• Dubai Land Department: Register Project service
• Dubai Land Department: registering an initial (off-plan) sale
• Dubai Land Department: escrow account activation
• Dubai Land Department: Project Status Enquiry
• Dubai Land Department: termination of initial registration
• Dubai Land Department: frequently asked questions
• Dubai Land Department: release on developers’ registration fees, 31 May 2021
• Dubai Land Department: Dubai Real Estate Legislation compendium (Laws 8/2007, 13/2008, 27/2007; Resolutions 6/2010, 30/2013)
• UAE government portal: Golden Visa categories
• Federal Authority for Identity, Citizenship, Customs and Port Security
• UAE government portal: taxation
• Federal Tax Authority: Real Estate Investment for Natural Persons corporate tax guide
• Central Bank of the UAE: exchange rates, September 2026
• National Agency of Public Registry of Georgia (comparison of registration bodies)

This is not legal, tax or financial advice.