Under constructionApartment

Dubai Maritime City · Dubai

Chelsea Residences

by Damac Properties

© Damac Properties
60of 100

Rendr Score

Fair

#932 of 1115 on sale in Dubai →
Sold from100 sales, last 90 days · DLD; cheapest: all 1-beds
AED 2.42M≈ $659K
Listed fromper propertyfinder.ae, 1 Oct 2026
AED 2.32M
Buyers paid vs DLD median
At
Price, payment plan and homes ↓
Compare
DLD sales register · 10 Nov 2026See the 152 registered sales at Chelsea Residences: date, size and price paid. Plus the 7 assessed factor scores and the score history. Free.Unlock free →

Price, payment plan and homes

Price per DLD; listed price per propertyfinder.ae, 1 Oct 2026
Sold from
AED 2.42M
100 sales, last 90 days · DLD; cheapest: all 1-bedsListed from AED 2.32M
Bedrooms
1 bed to 3 bed
811 – 2,132 sqft · 703 units
Payment plan
20/40/40
AED 464K to book
Handover
Q4 2029
0% built per the DLD

DLD registered sales

Last 90 days
AED 2.49M – AED 2.79M
· 100 sales, mostly 1-beds

Homes and floor plans

703 homes · Freehold

Pick a home: the plan and the forecast follow it.

  • Chelsea Residences 1 bed apartment floor plan
  • Chelsea Residences 2 bed apartment floor plan
  • Chelsea Residences 3 bed apartment floor plan

Paid: middle half of each type's off-plan sales, Nov 2025–Nov 2026 · DLD

Payment plan · 1-bed apartment

On AED 2.32M
  1. 20% at bookingAED 464K
  2. 40% during construction, until handover (Q4 2029)AED 928K
  3. 40% on handover (Q4 2029)AED 928K

Before the keys: AED 1.39M, 60% of the price.

Brochure PDF

Damac Properties’ own file on propertyfinder.ae, checked 30 Sep 2026

Open in the map

Location · Dubai Maritime City · Dubai

Man-made peninsula between Port Rashid and Dubai Drydocks, offices and a marina with apartment towers under construction.

Forecast

What the 1-bed apartment could be worth

More in Dubai Maritime City

Compare side by sideAll projects in Dubai Maritime City

The in-depth review

Why it scores 60

Price per sqft vs registered sales

Dubai Land Department open data · as of 10 Nov 2026

At the median

Buyers paid hereAED 3,206/sqft

109 off-plan sales, last 6 months · middle half AED 3,125 – AED 3,258

Dubai Maritime City median · apartmentsAED 3,210/sqft

Off-plan sales, last 6 months, 384 registered sales in the area · middle half AED 2,913 – AED 3,483

Asking now (est.)AED 2,319/sqft

Our estimate from the listed prices and unit sizes

See each of the 152 sales: date, size, price

Off-plan sales pace

18 a month

109 off-plan sales, last 6 months

How this is measured

Buyers paid a median of AED 3,206/sqft in this project (off-plan sales, last 6 months, 109 registered sales, as of 10 Nov 2026) against the DLD median of AED 3,210/sqft for apartments in Dubai Maritime City, as of 10 Nov 2026. DLD registers every sale in Dubai, and names the project on each. Both figures are sales of homes that were not built yet: this project's against its area's. Asking from AED 2,319/sqft (est.). Source: Dubai Land Department open data.

How the 60 was scored

7 of 8 factors · 85% of the weight · 10 Nov 2026
  1. 01Price against what buyers actually paidAssessed · weight 25
  2. 02Developer track recordAssessed · weight 20
  3. 03Payment planAssessed · weight 10
  4. 04Location and infrastructureAssessed · weight 15
  5. 05How big the resale market isAssessed · weight 10
  6. 06Construction on scheduleToo early to judge · weight 15
  7. 07How much is still being built nearbyAssessed · weight 5
  8. 08The basics on fileAssessed · weight 0
Confidence: high
How each factor was measured

Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.

Price against what buyers actually paid
109 registered off-plan sales here, against the median of 384 off-plan sales in Dubai Maritime City · DLD
Developer track record
Our rating, 20 delivered projects, how its 33 finished buildings resell and who stands behind it
Payment plan
20% down · 40% during construction · 40% on handover
Location and infrastructure
Our rating of Dubai Maritime City, and 5 kinds of places measured from the pin · OpenStreetMap
How big the resale market is
20 resales of finished apartments in Dubai Maritime City this year · DLD
Construction on schedule
0% built, 1% due by now (handover Q4 2029): judged once 10% of the build is due · DLD
How much is still being built nearby
1,075 homes sold in Dubai Maritime City this year, 98% off-plan · DLD
The basics on file
Registration or escrow number on file · DLD

Confidence high: what buyers paid here is a median of 109 registered sales, against 384 in the area.

59 → 60 10 Nov 2026, price, developer record, resale factorsScored since 24 Sep 2026 · 10 score changes

The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.

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The full breakdown behind the 60

Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,673 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.

  • The 152 registered sales here: date, size and price paid
  • The 7 assessed factor scores, with the figure and source behind each
  • Damac Properties' DLD record: 17 projects, 0 past their date
  • Score history since 24 Sep 2026 and why each move happened
  • Rent, a mortgage and fees in the forecast, year by year

See what buyers paid at Chelsea Residences, and everything behind the 60.

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Read by the person who runs Rendr, who works in real estate and may contact you about property. Never sold.

I am
Projects scored
1,673
projects scored
Factors
8
factors, formula public
Registers
ADREC · DLD
registered sales, not asking prices

Handover date

Q4 2029

Under construction · 0% built, the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026

What this means

Also due in 2029 in Dubai Maritime City: 9 more projects we list

Damac Properties: 20 projects delivered in the last ten years, typically 12 months late, none cancelled.

Chelsea Residences is due to hand over in Q4 2029. Construction is 0% complete according to the DLD's projects file (data.dubai, loaded 2026-06-15) (15 Jun 2026). Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.

DLD registration status

Verified 1 Oct 2026
  • Project registration3719
  • Escrow accountNot published yet
  • Developer licenceNot published yet
Where the figures come from

Check it on dubailand.gov.ae. How to read the DLD register.

Figures from propertyfinder.ae, read 1 Oct 2026, last verified 1 Oct 2026. Construction figure from the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026. Launch date from the DLD's projects file (data.dubai, loaded 2026-06-15).

Before you pay: four things to check

  1. 1The escrow accountWe hold no escrow account number. Ask the developer for it, and check it on dubailand.gov.ae before paying.
  2. 2The handover dateThe listed date is Q4 2029. Ask for the date in the sales agreement.
  3. 3Today's price listAED 2,320,000 is a starting price from propertyfinder.ae, 1 Oct 2026. Ask for the unit's own price.
  4. 4The instalment dates20% at booking, 40% during construction, 40% at handover. Ask for each payment's date and amount.

About

Chelsea Residences is Damac's apartment tower in Dubai Maritime City, Dubai, with one to three-bedroom apartments from about 811 to 2,132 sq ft.

Developer
Damac Properties
Area
Dubai Maritime City
Status
Under construction
Sales launch
19 Jul 2025
Total units
703
Storeys
26
Ownership
Freehold

Amenities

  • Indoor Swimming Pool
  • Landscaped Gardens
  • Cycle track
  • Gymnasium
  • Restaurants
  • Children's Play Area

What’s nearby

straight-line distance
  • Supermarket or mall3.2 km
  • Beach3.3 km
  • Metro or tram stop3.3 km
  • Hospital or clinic3.5 km
  • School3.6 km

The nearest of each on OpenStreetMap, Sep 2026.

Chelsea Residences: questions buyers ask

How much does Chelsea Residences cost?

Registered sales at Chelsea Residences start from AED 2,419,000 (about $659K): the cheapest tenth of 100 off-plan sales (all 1-beds), Aug–Nov 2026, per DLD. It is listed from AED 2,320,000, per propertyfinder.ae on 1 Oct 2026.

What is the price per sqft at Chelsea Residences?

Buyers paid a median of AED 3,206 per sqft at Chelsea Residences (off-plan sales, last 6 months, 109 registered sales).

When is the Chelsea Residences handover date?

Chelsea Residences is expected to hand over in Q4 2029. The project is under construction, 0% built according to the DLD's projects file (data.dubai, loaded 2026-06-15).

What is the Chelsea Residences payment plan?

Chelsea Residences is offered on a 20/40/40 plan: 20% on booking, 40% during construction and 40% at handover.

Is Chelsea Residences priced above or below what buyers paid nearby?

Buyers paid a median of AED 3,206 per sqft in Chelsea Residences (off-plan sales, last 6 months, 109 registered sales), which is level with the median of AED 3,210 per sqft that buyers actually paid for apartments in Dubai Maritime City, across 384 sales registered with DLD.

What is the Rendr Score of Chelsea Residences?

Chelsea Residences scores 60 of 100 on the Rendr Score, fair, as of 10 Nov 2026; 7 of its 8 factors are assessed, 85% of the weight.

Who is the developer of Chelsea Residences?

Chelsea Residences is being developed by Damac Properties. It sits in Dubai Maritime City, Dubai.

Is Chelsea Residences registered with DLD?

Chelsea Residences is registered with the Dubai Land Department (DLD) under number 3719. Check it at dubailand.gov.ae before you pay.

Changes

Listed 24 Sep 2026 · 3 changes since, last 4 Oct 2026

  1. Construction 0% complete

    Source: the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026

  2. Sales launch date set to 19 Jul 2025

    Source: the DLD's projects file (data.dubai, loaded 2026-06-15)

  3. Payment plan stated: 20/40/40

    Source: propertyfinder.ae, read 24 Sep 2026

  4. Listed on the site

    Source: propertyfinder.ae, read 24 Sep 2026

Sold from

AED 2.42M

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