Dubai Maritime City · Off-plan · 91% of homes registered

Chelsea Residences 2 by DamacWhat it sells for

1-bedrooms sell off-plan for about AED 2.64M, and about 35 of 805 are left.

At a glance

Updated with deals to 3 Nov 2026
Sells forAED 2.64Mfor a typical 1-bedroom, off-plan

From 239 off-plan sales in the last 12 months.

Homes leftAbout 83of 958 homes

3-bed homes are the tightest, about 97% registered.

Built5%at the last DLD inspection

Inspected on 6 Aug 2026.

Planned endDec 2029from DLD

38 months from now, on DLD's record.

What brings you here?

Apartment type

Prices and rents at Chelsea Residences 2 by Damac

How many homes are left in Chelsea Residences 2 by Damac?

About 83 homes left of 958

3-bed homes are the tightest, about 97% registered. 958 homes in 3 buildings of 33 to 36 floors.

1 bed770 of 805 registered
2 bed77 of 124 registered
3 bed28 of 29 registered
RegisteredNot yet registeredEach square is 10 homes

How fast are they going?

4 homes a month

Registered over the last 3 months.

  • 1 bed3 a month
  • 2 bed1 a month
  • 3 bed0 a month

What are people paying right now?

AED 2,790AED 3,050AED 3,311AED 3,572Dec 25Feb 26Apr 26Jun 26Aug 26Oct 26
Typical price per sq ftBar shows the middle half of dealsFewer dealsMore deals

Typical price per sq ft

AED 3,202

Across all home types, last 3 months.

Latest 3 deals

  • AED 5.69M3 bed · 2,045 sq ft · 26 Oct 2026
  • AED 3.13M1 bed · 1,001 sq ft · 23 Oct 2026
  • AED 2.51M1 bed · 774 sq ft · 30 Sep 2026

Investor intelligence

Most rent for the price1-bed homesAbout 2.5% at rents in Dubai Maritime City today
Most choice left2-bed homesAbout 47 left
Ready homes nearbyAED 1.69M1 bed resale in Dubai Maritime City, against AED 2.96M here
HomeTypical price, last 3 monthsSizePer sq ftRent nearby, a yearRent on price
1 bedAED 2.96M907 sq ftAED 3,228AED 75k2.5%

How does the price compare with nearby off-plan projects?

  • Portside SquareAED 2,944
  • Fior 1AED 2,953
  • TaleaAED 3,018
  • Chelsea Residences by DamacAED 3,142
  • Chelsea Residences 2 by DamacAED 3,202

Price per sq ft. Nearby projects use the last 12 months.

How far along is the building work?

5% built

At the DLD inspection on 6 Aug 2026. Planned end Dec 2029.

0%25%50%75%100%20262027202820292030Even pace to the planned datePlanned end Dec 2029Today

Build intelligence

Is it on track?

38 months remain to the planned end date, with 95% of the building work still to do.

What did each inspection find?

6 Aug 20265.4% built+4.8 pts6 photos
9 Apr 20260.7% built+0.6 pts4 photos
5 Nov 2025Under 0.1% built+0.0 pts2 photos
5 May 20250.0% builtFirst visit2 photos

Who is building Chelsea Residences 2 by Damac?

Damac Crest Development L.L.C logo

Damac Crest Development L.L.C

DLD lists Damac Crest Development L.L.C as the developer. Buyers' payments go to an escrow account at Abu Dhabi Commercial Bank.

2being built
0finished
0cancelled
See every Damac project →

Also being built

  • Chelsea Residences By Damac5%

Developer intelligence

How long does Damac Crest Development L.L.C take to build?

Active projects past their planned end0 of 2On DLD's latest dates

Where is Chelsea Residences 2 by Damac?

2% above

the typical off-plan price per sq ft in Dubai Maritime City, over the last 12 months.

Chelsea Residences 2 by Damac against Dubai Maritime City

  • Chelsea Residences 2 by DamacOff-plan, 266 sales in 12 monthsAED 3,202 per sq ft
  • Dubai Maritime CityOff-plan, 3,360 sales in 12 monthsAED 3,128 per sq ft

A 1-bedroom in Dubai Maritime City

  • A typical 1-bedroom resells forAED 1.69M
  • New 1-bedroom leases sign forAED 75k a year
  • Rent as a share of the price4.4%

How busy it is

  • Sales in the last 12 months3,425
  • Off-plan share of sales98%

Still selling nearby

Typical off-plan price per sq ft and sales, last 3 months

See all of Dubai Maritime City

Similar buildings

Talea

Talea

Dubai Maritime City

Typical 1-bed
Fewer than 20 sales
Sales, 12 months
63
Fior 1

Fior 1

Dubai Maritime City

Typical 1-bed
AED 2.26M off-plan
Sales, 12 months
65
Portside Square

Portside Square

Dubai Maritime City

Typical 1-bed
AED 2.43M off-plan
Sales, 12 months
88

Questions people ask

Quick answers, from the same deals as the rest of this page.

How much is a 1-bedroom in Chelsea Residences 2 by Damac?

About AED 2.64M off-plan, from 239 sales in the last 12 months. No resale price yet.

How many homes are left in Chelsea Residences 2 by Damac?

About 83 of 958, going by sales registered with DLD.

How much of Chelsea Residences 2 by Damac is built?

5% at the DLD inspection on 6 Aug 2026.

About our data

Where our numbers come from

Every number on this page comes from a real deal registered with the Dubai Land Department. Here's how we turn them into prices you can use.

Sales
Every sale of an apartment in Chelsea Residences 2 by Damac registered with the Dubai Land Department since January 2024, up to 3 Nov 2026. Sales up to 2 Nov 2026 come from Dubai Real Estate Data, based on DLD open data (CC BY 4.0). Newer sales come straight from the DLD open-data portal.
Leases
Every Ejari lease registered with the Dubai Land Department since January 2026, up to 2 Nov 2026. Leases don't list bedrooms, so we work them out from the size. Lease length comes from the start and end dates.
What we count
Apartments and hotel apartments. Villas and townhouses aren't included yet.
Typical price
The middle deal: half sold for more, half for less. One penthouse can't skew it the way it skews an average.
Typical range
The range we show: from the 25th to the 75th percentile. Fair means inside it. High and low mean outside it.
Time frames
Prices look at the last 12 months of resales. Rents look at new leases since 3 Aug 2026. Price changes compare the last 3 months with the same 3 months a year earlier. Rent changes compare new leases now with those signed from January to March 2026.
Return
A year of typical rent as a share of the typical price, also called gross yield. It comes before service charges, fees and empty months.
Your apartment's value
We start from the typical price at the typical size, then add or take off the going price per sq ft for the difference in size.
When we hold back
We give a price or rent only with at least 10 resales in the last 12 months or 10 new leases in the last 3 months behind it. A project gets its own page with at least 30 sales in 12 months or 30 new leases in 3 months, or with at least 20 sales since January 2024 and 5 of them in the last 12 months. We say prices or rents rose or fell only when the change is over 3% and each period has at least 30 deals. Otherwise we say so and show nearby buildings instead.
Build progress and developer
Percent built, inspection dates and photos, the planned end date, the home count and the developer's project counts come from the project records of the Dubai Land Department. Homes left are the homes it lists for the project, minus the sales registered with it.
What the records leave out
Floor, view, furnishing and condition.

We update with every data release. This page was last updated on 3 Nov 2026.

Free · From deals registered with the DLD

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