Rendering of the Chelsea Residences towers on the waterfront at dusk

Off-plan property in Dubai Maritime City

New developments, starting prices and what Dubai Maritime City is like to live in.

Developments
4
Prices from
AED 1.65M
Tenure
Freehold
Next handover
Q4 2027

Pictured: Chelsea Residences by DAMAC Properties

New developments in Dubai Maritime City

4 developments by DAMAC Properties, Beyond Developments and Danube Properties, with entry prices from AED 1.65M to AED 7.6M.

All Dubai developments
  • Rendering of the Harbour Lights tower against a blue sky

    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

    Dubai Maritime City, Dubai
  • Developer rendering of the two Soulever towers with planted balconies above the sea

    Off-plan

    Soulever by Beyond

    Beyond Developments

    • Apartments, duplexes, penthouses
    • 1 to 5 bed
    • 830 to 3,115 sq ft
    • Handover Q1 2029
    • 50/50 plan

    From AED 2.5M

    Dubai Maritime City, Dubai
  • Developer rendering of the Shahrukhz Residences podium entrance with a palm-lined driveway and the sea beyond

    Off-plan

    Shahrukhz Residences by Danube

    Danube Properties

    • Apartments, penthouses
    • Studio to 5 bed
    • 395 to 3,607 sq ft
    • Handover Q4 2029
    • 10/20/70 plan

    From AED 1.65M

    Dubai Maritime City, Dubai
  • Rendering of the Chelsea Residences towers lit at night across the water

    Off-plan

    Chelsea Residences

    DAMAC Properties

    • Apartments
    • 1 to 2 bed
    • 772 to 1,659 sq ft
    • Handover Q2 2030
    • 5/55/40 plan

    From AED 2.46M

    Dubai Maritime City, Dubai

What new homes cost in Dubai Maritime City

The lowest published starting price for each home type across the developments we cover here.

Home typeLowest price atFrom
1-bedroom apartmentsin 2 developmentsChelsea ResidencesAED 2,457,000
2-bedroom apartmentsin 3 developmentsSoulever by BeyondAED 4,700,000
3-bedroom apartmentsin 1 developmentSoulever by BeyondAED 7,600,000

Developer list prices, each dated on its development page. Not a valuation.

What Dubai Maritime City is like

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.

Suits

  • Investors seeking sea-view apartments near the city centre
  • Buyers comfortable with an emerging district
  • Professionals working in DIFC or Downtown

In its favour

  • Open-sea frontage about 15 to 20 minutes from Downtown Dubai and Dubai International Airport
  • Projects from established names: DAMAC, Beyond (Omniyat group), Select Group, Danube
  • Next to Mina Rashid's marina and cruise terminal
  • Freehold for all nationalities

Worth knowing

  • Concentrated supply: nearly every tower was launched between 2022 and 2026 and is scheduled to hand over between late 2026 and 2030. Many are one- and two-bedroom investor units competing for the same tenants.
  • Property Finder's community panel showed average sale prices in Maritime City down 11.7% year on year when checked on 12 November 2026.
  • An operating ship-repair precinct with two ship lifts and more than 100 workshops shares the peninsula. Check the outlook and noise exposure of the specific plot.
  • Access is by a single causeway to the mainland road network; traffic at peak times is untested at full occupancy.
  • No metro station, and schools, supermarkets and community retail are not yet established on the peninsula.
  • The district has stalled once before (work stopped in 2010). Infrastructure is now largely in place, but the track record explains why some buyers discount it.

How Dubai Maritime City connects

Approximate drive times in normal traffic.

  • Mina Rashid5 min
  • Downtown Dubai20 min
  • Dubai International Airport20 min

Market figures

Published figures, each with its source and period. Yields are gross, before service charges, voids and fees.

Price per sq ft
AED 3,128Property Finder, 12 months to 12 November 2026
Gross rental yield
5.23%Property Finder, 12 months to 12 November 2026
Average annual rent
AED 113,373Property Finder, 12 months to 12 November 2026

Property Finder’s figures are averages across home types, so they mix studios and large homes. Read 12 November 2026.

Areas near Dubai Maritime City

All Dubai areas
  • Dubai

    La Mer

    Illustrative image

    Area guide
  • Aerial render of The Meriva Collection buildings along a beach on Dubai Islands

    Dubai

    Dubai Islands

    Pictured: The Meriva Collection by Ellington Properties

    8 developmentsFrom AED 1.05M

Compare Dubai Maritime City with

Side by side on published prices, yields, new developments and drive times.

More comparisons with Dubai Maritime City

Dubai Maritime City: questions buyers ask

Is Dubai Maritime City freehold?

Yes. The residential towers being sold in Dubai Maritime City are freehold and open to buyers of any nationality.

Who owns Dubai Maritime City?

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.

When will Dubai Maritime City be finished?

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.

How much does new property in Dubai Maritime City cost?

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.

Which developers are building in Dubai Maritime City?

Current developments we cover in Dubai Maritime City are by DAMAC Properties, Beyond Developments and Danube Properties.

What are property prices in Dubai Maritime City per square foot?

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.

What is the rental yield in Dubai Maritime City?

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.

What is the average rent in Dubai Maritime City?

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.

Considering Dubai Maritime City?

Tell us your budget and we'll shortlist what fits, or say if another area suits you better.

  • Current price list and availability, direct from the developer
  • No fee to you on off-plan purchases: the developer pays us
  • One salaried adviser, not on commission, from first call to handover

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