Elton
Vedaire Residences
Meydan Avenue, Meydan, Dubai
From AED 1,350,000
- Payment plan30/70
- HandoverQ3 2027
- Units1–2 BR
Coralis Residences is an off-plan apartments development by Palladium in Meydan, Dubai, with homes from AED 1,950,000 on a 60/40 payment plan and handover expected in Q2 2028. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.
Overview
Coralis Residences by Palladium stands out as a beautifully crafted architectural statement inspired by the intricate forms of living coral. Its graceful curves, organic geometry, and calming visual rhythm give the building a uniquely elegant identity, making it feel like a living sculpture rather than a typical building. With a design centered on balance, it offers an atmosphere of refined serenity and luxurious comfort for its residents.
The project features a sophisticated selection of 1, 2, and 3 bedroom apartments, each thoughtfully designed with refined simplicity and natural light flowing through expansive layouts. Above them sit the established 4 and 5 bedroom sky villas, each accessed by a private lift and offering uninterrupted views of Downtown Dubai and the Burj Khalifa. This combination of residences and sky villas ensures that every lifestyle need is met with exceptional elegance.
A full podium level is devoted to leisure, creating a peaceful retreat elevated above the city’s energy. Residents can enjoy amenities such as paddle tennis courts, landscaped outdoor decks, and serene water-edge zones that promote relaxation and wellness. Every detail of the amenity spaces is crafted to bring luxury and calm into daily life.
Inside each home, the interiors are designed with a focus on natural elegance, high-quality materials, and clean contemporary finishes. Kitchens, living spaces, and bedrooms are shaped by a sense of understated luxury, emphasizing comfort and style in equal measure. From the fine detailing to the smooth flow of each layout, every element reflects the project’s commitment to premium modern living.
Details
Gallery
Amenities
Payment plan
| Milestone | Share | Amount (AED)* |
|---|---|---|
| Down payment | 10% | 195,000 |
| Construction instalments | 50% | 975,000 |
| Handover payment | 40% | 780,000 |
| Total | 100% | 1,950,000 |
*Worked example on the starting price of AED 1,950,000. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).
Floor plans
| Unit type | Size (sq ft) |
|---|---|
| 1 bedroom | 900 |
| Unit type | Size (sq ft) |
|---|---|
| 2 bedrooms | 1200 |
| Unit type | Size (sq ft) |
|---|---|
| 3 bedrooms | 2150 |
| Unit type | Size (sq ft) |
|---|---|
| 4 bedrooms | 5500 |
| Unit type | Size (sq ft) |
|---|---|
| 5 bedrooms | 8400 |
Location
Investment
Worked from the starting price and the stated payment plan; your unit’s figures come from the sales offer. The 4% DLD figure is DLD’s published sale-registration fee (how it is split is set in the sale agreement). Not financial advice. See the investor guide.
Developer

Sovereign Realty’s broker registration. Trade licence 1430699.
FAQ
Homes at Coralis Residences start from AED 1,950,000 for 1-bedroom homes. Availability and figures change with each release, so request the latest availability before you reserve.
Palladium offers a 60/40 payment plan: 60% during construction and 40% on handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.
Handover is expected in Q2 2028. Completion dates can move, so check the developer's latest construction update before you plan around it.
Budget for the Dubai Land Department registration fee of 4% of the sale value, usually paid at signing, and Sovereign's brokerage fee of 2%. Any developer admin charge is set in the sale and purchase agreement for the unit.
A home with a purchase value of AED 2 million or more, held in your name, can support a 10-year Golden Visa. Off-plan units need extra documents, so read our Golden Visa guide first.
Coralis Residences is developed by Palladium. See the developer page for their other projects in Dubai.
Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for Coralis Residences.
Similar projects
Elton
Meydan Avenue, Meydan, Dubai
From AED 1,350,000
True Future
Meydan Horizon, Meydan, Dubai
From AED 1,350,000
Palladium
Al Jaddaf, Dubai
From AED 960,000
Palladium
Dubai Internet City, Dubai
From AED 1,250,000
Swipe for more
Speak to us
Ask about availability, the payment plan or resale rules.