Chelsea Residences By Damac
Under constructionby Damac Crest Development · Dubai Maritime City
Updated 22 October 2026 · Source: DLD open data · Information, not financial advice. Not an official DLD product.
The median sale price in Chelsea Residences By Damac is AED 3.29M (AED 3,056 per sqft), in line with the Dubai Maritime City median of AED 3,186 per sqft, from 119 sales in the last 12 months. It is 5% built, with handover planned for Dec 2029. The escrow account is at Dubai Islamic Bank (Public Joint Stock Company).
Schedule check
Build progress is 23 pts behind the share of time used.
Progress gap compares build progress with the share of planned time already used. A project 40% built after using 60% of its planned time shows -20 pts.
Registry details
Compare with other projects in Dubai Maritime City
| Project | Developer | Status | Median price | Price / sqft | Sales |
|---|---|---|---|---|---|
| Chelsea Residences By Damac | Damac Crest Development | 5% | AED 3.29M | 3,056 | 119 |
| Franck Muller Yachting | London Gate Real Estate Development | 0% | AED 1.84M | 2,583 | 577 |
| Chelsea Residences 2 By Damac | Damac Crest Development | 5% | AED 2.63M | 3,203 | 394 |
| Kanyon By Beyond | Cobia Real Estate Development | 0% | AED 2.73M | 2,889 | 332 |
| 31 Above By Beyond | Beyond Vespera Real Estate Development | 1% | AED 10.51M | – | 115 |
| Talea | Manarola Real Estate Developments | 0% | AED 4.15M | 3,036 | 111 |
| Oceanz 2 By Danube | Danube Properties Development | 42% | AED 2.00M | 2,620 | 66 |
Other projects by Damac Crest Development
Questions buyers ask
How much does a home in Chelsea Residences By Damac cost?
The median DLD sale price is AED 3.29M (AED 3,056 per sqft), from 119 sales in the last 12 months. The middle half of sales ran from AED 2.48M – AED 4.62M.
When is the handover of Chelsea Residences By Damac?
The DLD registry shows a planned completion date of Dec 2029. Build progress is 5%. Build progress is 23 pts behind the share of time used.
Who is the developer of Chelsea Residences By Damac?
Damac Crest Development. The DLD registry lists 2 projects by this developer, 0 of them completed.
Ask before you buy off-plan
- Is the project registered with DLD and is the escrow account in the developer's name at the bank shown here?
- What share of the price must be paid before the developer allows resale?
- What does the sale agreement say about delay compensation and the latest handover date?
- Is the payment plan linked to construction milestones or to calendar dates?
Get help with Dubai Maritime City from a RERA-licensed specialist.
Source: DLD project registry and sales, via Dubai Data. Data through 22 October 2026. Registry dates can lag official extensions. Source · ZoneIQ gives information, not financial or investment advice. Figures are medians and estimates. Check any unit yourself before you commit.