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Damac · Dubai Maritime City · Dubai · Updated 17 September 2026

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Chelsea Residences 2

Damac · Dubai Maritime City · Dubai · Damac profile →

Transactions this year121
Size770 – 1,030 sqft
Median price2,697,000 AED
Price per sqft3,218 AED
Payment plan20/40/40
HandoverQ4 2029
RERA project number3743 registered 12 May 2025, status active
Escrow accountYes, held at Abu Dhabi Commercial Bank
Construction progress5.44% built last Dubai Land Department inspection 6 August 2026, 4 inspections on record
Completion date on file31 December 2029 date registered with the Dubai Land Department
Location25.2700, 55.2800 approximate, community centre · Open in Google Maps
Golden visaEligible, starting price at or above 2,000,000 AED

Transactions and median prices for this unit type come from the Dubai Land Department open transaction data, 2026 year to date. Starting price, payment plan and handover read in September 2026 on a property portal listing for this project (secondary source, the developer does not publish the price). Project number, escrow account, construction progress and inspection dates come from the Dubai Land Department Mashrooi project status enquiry, read in September 2026.

Damac official page phase 1 page, no dedicated page for phase 2  ·  Source of the figures

Your numbers, 1 bedroom
Cashback40,000 AEDestimated
Community median 2,462,975 AED1 bedroom, Dubai Maritime City
Community price / sqft 3,205 AEDthis project is 0% above
1 bedroom stock in the area 12,673 units26 projects
Market activity121 sales1 bedroom units registered at the Dubai Land Department in 2026, against 416 in Dubai Maritime City
Estimated gross yield5%about 135,000 AED a year, Dubai Maritime City average
Damac track record+9%their 1 bedroom units sell above the community median, on 2 projects
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