DAMAC "Chelsea Residences 2"
DAMAC Properties · Dubai Maritime City · Dubai
SKID Score6.7 / 10
SKID Score
6.7 / 10
Worth comparing
Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: developer. Weakest: rental yield.
- Published price
- From AED 2.5M
- Payment plan
- —
- Handover
- Dec 2029
- Available units
- 1–2 beds · Freehold
- Gross yield
- 3.0%
- Fair value
- -4.7%
- Risk
- Medium
- At handover
- Plan not published
SKID intelligence
How does this project compare across all 10 factors?
- Gross yield
- 3.0%
- Fair value
- -4.7%
Last evaluated: 2026-10-08
01 · Ranked
10 factors
0% total
Tap any slice or factor below to inspect how SKID weighs and verifies it.
Why SKID gave it 6.7
| Factor | Weight | Score |
|---|---|---|
Location Amenities mention park | 22.2% | 6.5/ 10 |
Entry price Launch is -4.7% versus median DLD sale price per sq ft in this community | 16.7% | 6.0/ 10 |
Developer 22 other catalog project(s) already past their published handover | 16.7% | 8.6/ 10 |
Supply / competition Busy pipeline: 13 other launches in Dubai Maritime City | 11.1% | 5.0/ 10 |
Appreciation potential Community closed-sale trend is +8.0% year on year | 11.1% | 8.4/ 10 |
Rental yield Implied gross yield is 3.0% against community rents | 8.3% | 3.8/ 10 |
Delivery risk Handover is more than three years out | 5.6% | 6.4/ 10 |
Service charges Service charge published at 23 | 2.8% | 5.5/ 10 |
Exit liquidity 1159 closed sales in the last year in this community | 5.6% | 8.6/ 10 |
Strong
- • 22 other catalog project(s) already past their published handover
- • Community closed-sale trend is +8.0% year on year
- • 1159 closed sales in the last year in this community
Watch
- • Amenities mention park
- • Launch is -4.7% versus median DLD sale price per sq ft in this community
- • Handover is more than three years out
Risk
- • Busy pipeline: 13 other launches in Dubai Maritime City
- • Implied gross yield is 3.0% against community rents
- • Service charge published at 23
🤖What the agents are saying & Did each agent do its job?Show audit details ▾
Did each agent do its job?
No current news specifically about this project, developer, or community, so news did not change the SKID score.
Developer evaluation for DAMAC Properties: 8.6 / 10 from catalog delivery history. 22 other catalog project(s) already past their published handover Delivery risk 6.4 / 10. Handover is more than three years out.
Community read for Dubai Maritime City: location 6.5 / 10, supply 5.0 / 10. Amenities mention park Busy pipeline: 13 other launches in Dubai Maritime City
Pricing agent: Launch is -4.7% versus median DLD sale price per sq ft in this community Service charge published at 23 1159 closed sales in the last year in this community
ROI agent: Community closed-sale trend is +8.0% year on year Implied gross yield is 3.0% against community rents
No payment plan split was published, so the payment plan did not change the SKID score.
Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: developer. Weakest: rental yield.
What the agents are saying
News sentiment
No current news specifically about this project, developer, or community, so news did not change the SKID score.
Developer evaluation
Developer evaluation for DAMAC Properties: 8.6 / 10 from catalog delivery history. 22 other catalog project(s) already past their published handover Delivery risk 6.4 / 10. Handover is more than three years out.
Community
Community read for Dubai Maritime City: location 6.5 / 10, supply 5.0 / 10. Amenities mention park Busy pipeline: 13 other launches in Dubai Maritime City
Pricing
Pricing agent: Launch is -4.7% versus median DLD sale price per sq ft in this community Service charge published at 23 1159 closed sales in the last year in this community
ROI
ROI agent: Community closed-sale trend is +8.0% year on year Implied gross yield is 3.0% against community rents
Payment plan
No payment plan split was published, so the payment plan did not change the SKID score.
Orchestrator
Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: developer. Weakest: rental yield.
Location
Dubai Maritime City · Dubai
Recent sales nearby
| Date | Type | Price | Sq ft | AED / sq ft |
|---|---|---|---|---|
| 2026-07-07 | Off-plan · Apartment | AED 4.84M | 1,349 | 3,589 |
| 2026-07-07 | Off-plan · Apartment | AED 2.71M | 793 | 3,415 |
| 2026-07-07 | Off-plan · Apartment | AED 1.35M | 395 | 3,422 |
| 2026-07-06 | Off-plan · Apartment | AED 3.46M | 1,161 | 2,979 |
| 2026-07-03 | Off-plan · Apartment | AED 897K | 338 | 2,656 |
| 2026-07-02 | Off-plan · Apartment | AED 2.47M | 774 | 3,188 |
| 2026-07-01 | Off-plan · Apartment | AED 4.44M | 1,575 | 2,818 |
| 2026-07-01 | Off-plan · Apartment | AED 2.01M | 746 | 2,687 |
Closed sales in this community. These are not this tower's own contracts unless the record says so.
Available units
1–2 beds · Apartments
AED 2.5M – AED 4.95M
772 – 1,538 sq.ft
From AED 5.38M
1,673 sq.ft
From 772 sq ft / sq m as published
Service charge 23
Amenities
- Children’s Pool
- Lobby
- Shared Gym & Fitness Centre
- Infinity Pool
- Covered Gym
- Open-Air Gym
- Recreational Areas
- Jogging Tracks
- SPA
- Lift
- Parking
- Leisure Areas
- Dining outlets (coffee houses & restaurants)
- Social Zone
- Walking Paths
- Pool Deck
- Sitting Area
- Lounge
- Fountain
- Waterfall
- Owners’ Lounge
- Beach Access
- Sunset Bar
- Covered Kids’ Play Area
Compare
DAMAC "Chelsea Residences 2"
From AED 2.5M · ★ 6.7 / 10
Questions about this launch
- Who is building DAMAC "Chelsea Residences 2"?
- DAMAC Properties is the developer named on this launch.
- When is handover for DAMAC "Chelsea Residences 2"?
- The published handover is Dec 2029.
- What is the starting price of DAMAC "Chelsea Residences 2"?
- The published starting price is AED 2.5M.
- What does the SKID screen mean for DAMAC "Chelsea Residences 2"?
- The SKID screen for this launch in Dubai Maritime City is 68 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.