About Chelsea Residences 2 by DAMAC
Chelsea Residences 2 by DAMAC is a residential tower by DAMAC Properties, in Dubai Maritime City, Dubai. It rises 36 storeys (a ground floor, 2 podium levels and 33 floors), built as a concrete structure with internal and external finishes. The project comprises 958 homes across 3 buildings.
Key information
Developer
DAMAC Properties
- Expected handover
- TBC
- Status
- Not started
- Location
- Dubai Maritime City, Dubai
- Master project
- Dubai Maritime City
- Construction started
- 2025
- Number of buildings
- 3
- Number of units
- 958
- Registered with DLD
- 12 May 2025
- Escrow bank
- Abu Dhabi Commercial Bank
- Escrow account no.
- 14196956920001
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2025
- Under construction5% complete
- Expected handoverTBC
Construction progress
14 inspection photos from the Dubai Land Department. Latest 06 Aug 2026 at 5% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
3 Swimming Pools
Covered Parking
20 Elevators
36 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
868
Median price
AED 2.6M
Median price / sqft
AED 3K+1%
Off-plan share
100%
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 765 | 800 sqft | AED 2.6M | AED 3K |
| 2 Bed | 76 | 1,464 sqft | AED 4.4M | AED 3K |
| 3 Bed | 27 | 2,075 sqft | AED 6.1M | AED 3K |
Price per sqft by year
+1% since 2025AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 26 Aug 2026 | Off-plan | 921 sqft | AED 3.0M | AED 3K |
| 21 Aug 2026 | Off-plan | 777 sqft | AED 2.4M | AED 3K |
| 21 Aug 2026 | Off-plan | 1,158 sqft | AED 3.4M | AED 3K |
| 12 Aug 2026 | Off-plan | 921 sqft | AED 3.0M | AED 3K |
| 10 Aug 2026 | Off-plan | 894 sqft | AED 3.0M | AED 3K |
| 07 Aug 2026 | Off-plan | 776 sqft | AED 2.5M | AED 3K |
| 05 Aug 2026 | Off-plan | 921 sqft | AED 3.0M | AED 3K |
| 27 Jul 2026 | Off-plan | 1,001 sqft | AED 2.9M | AED 3K |
Unit mix
958 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| 1 B/R | 805 | 772 - 1,026 sqft |
| 2 B/R | 124 | 1,156 - 2,430 sqft |
| 3 B/R | 29 | 2,045 - 2,850 sqft |
Payment plan
Payment plans are set by DAMAC Properties and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Dubai Maritime City, Dubai.
Chelsea Residences 2 by DAMAC
Dubai, United Arab Emirates
Frequently asked questions
Chelsea Residences 2 by DAMAC has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 5% complete.