- Sold from9 sales, last 90 days · DLD; cheapest: all 1-beds
- AED 2.42M≈ $658K
- Listed fromper propertyfinder.ae, 1 Oct 2026
- AED 2.16M
- Buyers paid vs DLD median
- −4%
Price, payment plan and homes
Price per DLD; listed price per propertyfinder.ae, 1 Oct 2026- Sold from
- AED 2.42M
- 9 sales, last 90 days · DLD; cheapest: all 1-bedsListed from AED 2.16M
- Bedrooms
- 1 bed to 3 bed
- 780 – 2,040 sqft · 958 units
- Payment plan
- 20/40/40
- AED 432K to book
- Handover
- Q4 2029
- 0% built per the DLD
DLD registered sales
- Last 90 days
- AED 2.51M – AED 3.44M
- · 9 sales, mostly 1-beds
Homes and floor plans
958 homes · FreeholdPick a home: the plan and the forecast follow it.
Paid: middle half of each type's off-plan sales, Nov 2025–Oct 2026 · DLD
Payment plan · 1-bed apartment
On AED 2.16M- 20% at bookingAED 432K
- 40% during construction, until handover (Q4 2029)AED 864K
- 40% on handover (Q4 2029)AED 864K
Before the keys: AED 1.3M, 60% of the price.
Damac Properties’ own file on propertyfinder.ae, checked 30 Sep 2026
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 62
Price per sqft vs registered sales
Dubai Land Department open data · as of 10 Nov 2026−4% below what buyers paid nearby
30 off-plan sales, last 6 months · middle half AED 2,979 – AED 3,234
Off-plan sales, last 6 months, 384 registered sales in the area · middle half AED 2,913 – AED 3,483
Our estimate from the listed prices and unit sizes
Off-plan sales pace
5 a month
30 off-plan sales, last 6 months
How this is measured
Buyers paid a median of AED 3,094/sqft in this project (off-plan sales, last 6 months, 30 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 2,385/sqft (est.). Source: Dubai Land Department open data.
How the 62 was scored
7 of 8 factors · 85% of the weight · 10 Nov 2026- 01Price against what buyers actually paidAssessed · weight 25
- 02Developer track recordAssessed · weight 20
- 03Payment planAssessed · weight 10
- 04Location and infrastructureAssessed · weight 15
- 05How big the resale market isAssessed · weight 10
- 06Construction on scheduleToo early to judge · weight 15
- 07How much is still being built nearbyAssessed · weight 5
- 08The basics on fileAssessed · weight 0
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
- 30 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, 0% 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 30 registered sales, against 384 in the area.
61 → 62 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.
Share this score
Show this score on your site
Paste this where the badge should appear. It links back here and updates when the Rendr Score does.
Score card · Change card (1080 × 1350, for posting).
Free · 90 days · the whole site
The full breakdown behind the 62
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 225 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 2, and everything behind the 62.
- Projects scored
- 1,673
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q4 2029
Launched · 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 2 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 registration3743
- 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
1The escrow account
We hold no escrow account number. Ask the developer for it, and check it on dubailand.gov.ae before paying.2The handover date
The listed date is Q4 2029. Ask for the date in the sales agreement.3Today's price list
AED 2,160,000 is a starting price from propertyfinder.ae, 1 Oct 2026. Ask for the unit's own price.4The instalment dates
20% at booking, 40% during construction, 40% at handover. Ask for each payment's date and amount.
About
Chelsea Residences 2 is Damac's apartment tower in Dubai Maritime City, Dubai, with one to three-bedroom apartments from about 780 to 2,040 sq ft.
- Developer
- Damac Properties
- Status
- Launched
- Sales launch
- 29 Sep 2025
- Total units
- 958
- Storeys
- 34
- Ownership
- Freehold
Amenities
- Rooftop Football
- Leisure and Entertainment
- Gymnasium
- Shared Spa
- Children's Pool
- View of Water
- Dining in building
- Lobby in Building
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 2: questions buyers ask
How much does Chelsea Residences 2 cost?
Registered sales at Chelsea Residences 2 start from AED 2,415,000 (about $658K): the cheapest tenth of 9 off-plan sales (all 1-beds), Aug–Oct 2026, per DLD. It is listed from AED 2,160,000, per propertyfinder.ae on 1 Oct 2026.
What is the price per sqft at Chelsea Residences 2?
Buyers paid a median of AED 3,094 per sqft at Chelsea Residences 2 (off-plan sales, last 6 months, 30 registered sales).
When is the Chelsea Residences 2 handover date?
Chelsea Residences 2 is expected to hand over in Q4 2029. The project is launched, 0% built according to the DLD's projects file (data.dubai, loaded 2026-06-15).
What is the Chelsea Residences 2 payment plan?
Chelsea Residences 2 is offered on a 20/40/40 plan: 20% on booking, 40% during construction and 40% at handover.
Is Chelsea Residences 2 priced above or below what buyers paid nearby?
Buyers paid a median of AED 3,094 per sqft in Chelsea Residences 2 (off-plan sales, last 6 months, 30 registered sales), which is 4% below 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 2?
Chelsea Residences 2 scores 62 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 2?
Chelsea Residences 2 is being developed by Damac Properties. It sits in Dubai Maritime City, Dubai.
Is Chelsea Residences 2 registered with DLD?
Chelsea Residences 2 is registered with the Dubai Land Department (DLD) under number 3743. Check it at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026 · 4 changes since, last 4 Oct 2026
Construction 0% complete
Source: the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
Sales launch date set to 29 Sep 2025
Source: the DLD's projects file (data.dubai, loaded 2026-06-15)
Status changed to Launched (was Announced)
Source: propertyfinder.ae, read 24 Sep 2026
Payment plan stated: 20/40/40
Source: propertyfinder.ae, read 24 Sep 2026
Listed on the site
Source: propertyfinder.ae, read 24 Sep 2026