Quick answer: Coralis Grand Residences is a Palladium canal-front launch in Meydan Riviera with 68 residences, 1–3 bedroom apartments and three Sky Villas. Palladium states prices start at AED 1.95 million and handover is planned for Q3 2028. The launch is confirmed from Palladium’s official materials; buyers should independently match the project number, escrow account and unit details in Dubai Land Department records before paying.
Coralis Grand Residences at a glance
| Developer | Palladium Prime Real Estate Development LLC |
|---|---|
| Location | Meydan Riviera, on the Meydan Canal promenade |
| Homes | 1, 2 and 3-bedroom residences; three crown-level Sky Villas |
| Building | G+10, according to Palladium |
| Total units | 68, according to the official project page |
| Starting price | AED 1.95 million |
| Target handover | Q3 2028 |
| Information checked | 30 September 2026 |
Editorial status: Developer launch confirmed. DLD project number and escrow details were not independently located in the public sources reviewed for this update. This is not a recommendation to buy, and availability can change without notice.
What has been verified?
Palladium’s official project page and the supplied launch brochure consistently identify Coralis as a canal-front residential project in Meydan Riviera. Both describe coral-inspired architecture, podium leisure spaces and a limited residential collection. The official page states 68 units, a Q3 2028 handover and an AED 1.95 million entry price.
The developer identifies itself as Palladium Prime Real Estate Development LLC and displays licence number LLC-1094766. A company licence is not the same thing as registration of an individual off-plan project, so buyers should verify both separately.
Residences and indicative prices
The official source confirms 1, 2 and 3-bedroom residences plus three Sky Villas, but it does not publish a complete live inventory. A current secondary project-data page reports the following indicative launch pricing and sizes:
| Type | Indicative size | Indicative launch price |
|---|---|---|
| 1 bedroom | From about 900 sq ft | From AED 1.95m |
| 2 bedroom | From about 1,200 sq ft | From AED 2.475m |
| 3 bedroom | From about 2,150 sq ft | From AED 4.5m |
| Sky Villa | About 5,500 sq ft in the secondary listing | About AED 26m in the secondary listing |
These figures are inventory-sensitive and should be treated as indicative until confirmed on a dated reservation form and SPA.
Payment plan: what is currently published?
A secondary source describing the plan as developer-published shows a 30/30/40 structure: 30% across booking and the first 60 days, 30% during construction in six 5% instalments, and 40% at handover. It also lists the 4% DLD registration charge and an AED 5,000 administration charge separately.
Because the complete schedule is not displayed on Palladium’s public project page, ask for a unit-specific, dated payment schedule. Confirm whether every instalment is linked to a date or construction milestone and whether any administrative charges are refundable.
Amenities and design
Palladium describes a 25-metre infinity pool in one section of its page but a 50-metre pool in another. We therefore do not treat the exact pool length as settled. The broader amenity list includes a main infinity pool, children’s pool, gym, three padel courts, jogging or cycling routes, outdoor theatre, co-dining area, recreation room, podcast room and landscaped spaces. Sky Villas are marketed with private pools and dedicated elevators.
The claim that a particular view is permanently protected is a developer claim. It should be checked against the approved plot plan, neighbouring plot status and the SPA rather than assumed from marketing material.
Who might consider Coralis?
- Buyers seeking a smaller, design-led canal-front project rather than a large master-development tower.
- End users who value access to central Dubai and a broad podium amenity programme.
- Investors comfortable assessing off-plan construction, service-charge and future-supply risk.
It may be less suitable for buyers who need immediate rental income, a completed home or a fully evidenced yield history. Projected ROI and capital appreciation are not guaranteed.
Due diligence before reserving
- Use the DLD project-status service to match the exact project, developer and plot.
- Verify the advertising permit through the DLD licence and permit validation service.
- Obtain the project registration number and escrow account name in writing.
- Compare the SPA with the reservation form: size, view, parking, completion date, grace period, cancellation terms and assignment fee.
- Request the estimated service charge and check whether furnished items, appliances and management services are included.
Independent view
Coralis has a clear boutique-waterfront proposition and its official headline facts are unusually specific. The strongest unresolved items are regulatory identifiers, live inventory and the final unit-level commercial schedule. Those should be resolved before a buyer transfers reservation money.
Request the Coralis source pack
Ask us for the brochure, verification checklist and the developer’s latest unit-specific information. We will clearly identify the source and date of anything sent.
Frequently asked questions
Is Coralis Grand Residences officially launched?
Yes. Palladium has published a dedicated official project page and launch brochure. That confirms the developer launch; it does not replace project-number and escrow verification with DLD.
What is the starting price?
Palladium states a starting price of AED 1.95 million. Live availability and premiums depend on the unit.
When is handover expected?
The developer’s target is Q3 2028. Off-plan completion dates may change and the SPA controls the buyer’s contractual position.
Does Coralis offer a post-handover plan?
The currently reviewed secondary schedule shows 40% due at handover, not after handover. Confirm the final schedule directly for the selected unit.
Sources
- Palladium — Coralis Grand Residences official project page
- Coralis by Palladium launch brochure supplied to Dubai Real Estate Deals, reviewed 30 September 2026
- EZRE — published Coralis payment-plan and indicative unit data
- Dubai Land Department — project registration requirements
Editorial disclosure: Dubai Real Estate Deals is an independent informational publisher, not a real estate brokerage. Project facts and availability may change. Verify legal, financial and technical matters with qualified professionals and official authorities.
Leave a Reply