
Off-plan
Harbour Lights by de GRISOGONO
DAMAC Properties
- Apartments
- 2 bed
- 2,051 sq ft
- Handover Q4 2027
- 5/55/40 plan
From AED 6.67M

New developments, starting prices and what Dubai Maritime City is like to live in.
Pictured: Chelsea Residences by DAMAC Properties
4 developments by DAMAC Properties, Beyond Developments and Danube Properties, with entry prices from AED 1.65M to AED 7.6M.

Off-plan
DAMAC Properties
From AED 6.67M

Off-plan
Beyond Developments
From AED 2.5M

Off-plan
Danube Properties
From AED 1.65M

Off-plan
DAMAC Properties
From AED 2.46M
The lowest published starting price for each home type across the developments we cover here.
| Home type | Lowest price at | From |
|---|---|---|
| 1-bedroom apartmentsin 2 developments | Chelsea Residences | AED 2,457,000 |
| 2-bedroom apartmentsin 3 developments | Soulever by Beyond | AED 4,700,000 |
| 3-bedroom apartmentsin 1 development | Soulever by Beyond | AED 7,600,000 |
Developer list prices, each dated on its development page. Not a valuation.
A reclaimed peninsula between Mina Rashid and Dubai Dry Docks, turning from a stalled maritime business zone into a dense cluster of waterfront apartment towers due from 2026 to 2030.
Dubai Maritime City is a man-made peninsula on the old-Dubai coast, between Port Rashid (Mina Rashid) and Dubai Dry Docks, about ten kilometres from Dubai International Airport. It belongs to the DP World group and was conceived in the 2000s as a maritime business cluster with a shipyard precinct, a training campus, offices and a residential district. Sources put its size at between roughly 230 and 250 hectares.
The original plan stalled after the 2008 crisis. The industrial precinct was built and still operates, with ship lifts, workshops and repair yards, but the residential plots sat empty for more than a decade. Infrastructure work resumed around 2020, and a AED 140 million roads and utilities package linking the peninsula with Mina Rashid was announced in February 2022. Since then developers have launched towers at speed.
The names are familiar. DAMAC has Harbour Lights, Coral Reef and the football-branded Chelsea Residences. Beyond, the Omniyat group's newer brand, has assembled a run of plots along the northern edge with projects including Saria, Orise, Sensia, Talea and Soulever. Danube has Oceanz, Breez and Bluz; Select Group has Nautica; London Gate has Franck Muller Yachting. Published handover dates run from late 2026 to 2030.
The draw is a sea-facing address a short drive from Downtown and DIFC at prices below the Palm or Dubai Harbour: one-bedroom apartments in the better towers start at a little over AED 2 million. The questions are about what the district will feel like when a dozen or more towers complete within a few years of each other beside a working shipyard, served by a single causeway.
Approximate drive times in normal traffic.
Published figures, each with its source and period. Yields are gross, before service charges, voids and fees.
Property Finder’s figures are averages across home types, so they mix studios and large homes. Read 12 November 2026.



Dubai
Pictured: The Meriva Collection by Ellington Properties
Side by side on published prices, yields, new developments and drive times.
Yes. The residential towers being sold in Dubai Maritime City are freehold and open to buyers of any nationality.
The district is part of the DP World group. Individual towers are built by private developers who bought plots, including DAMAC, Beyond, Danube, Select Group and London Gate.
There is no single date. The first of the current wave of towers are scheduled for handover in late 2026 and 2027, with later launches such as Chelsea Residences and Soulever targeted for 2029. Expect construction on the peninsula until at least 2030.
Among the developments we cover in Dubai Maritime City, prices start from AED 1,650,000 at Shahrukhz Residences by Danube. The highest entry price is AED 6.67M at Harbour Lights by de GRISOGONO.
Current developments we cover in Dubai Maritime City are by DAMAC Properties, Beyond Developments and Danube Properties.
Published figures for Dubai Maritime City: AED 3,128 per sq ft for all homes (average sale price per sq ft; Property Finder, from registered transactions, 12 months to 12 November 2026, 2,671 sales). Averages move with the mix of homes sold, and asking prices usually sit above prices paid. Compare areas in our price per sq ft table.
The published average gross rental yield in Dubai Maritime City is 5.23% for all homes (Property Finder, from registered transactions, 12 months to 12 November 2026, 2,671 sales). Gross yield is before service charges, empty months, management and fees, so the net figure is lower: work it out for a specific home with the rental yield calculator, or compare areas on rental yields by area.
The average annual rent on new contracts in Dubai Maritime City is AED 113,373 for all homes (Property Finder, from registered tenancy contracts, 12 months to 12 November 2026, 139 contracts). That average mixes studios with larger homes, so ask for the rents achieved on comparable units before relying on a figure for one property.
Tell us your budget and we'll shortlist what fits, or say if another area suits you better.