Chelsea Residences 2 By Damac construction progress
Chelsea Residences 2 By Damac in Dubai Maritime City is 5.4% built at the Land Department inspection of August 2026. Developer Damac Crest Development. Completion registered for December 2029.
5.4%
Built, at the Land Department site inspection of 6 August 2026
Running behind its date
- Completion date (Land Department)
- December 2029
- Finish at recent pace
- September 2039
- Construction started
- September 2025
- Registered with the Land Department
- May 2025
- Developer
- Damac Crest Development
- Community
- Dubai Maritime City
- Units
- 958
- Escrow bank
- Abu Dhabi Commercial Bank
- Name in Arabic
- تشلسي ريزيدنس 2 باي داماك
- Land Department project number
- 3743
- Land Department site inspections
- 4
Schedule
Between November 2025 and August 2026 the site added about 0.6 points a month. At that rate it would finish around September 2039, more than three months after the December 2029 date registered with the Land Department.
Site inspections
6 August 2026
5.4%+4.8 pts
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9 April 2026
0.7%+0.6 pts
5 November 2025
0%+0.0 pts
5 May 2025
0%
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Context
Dubai Maritime City has 23 projects under construction, 29% built on average.
Damac Crest Development has 2 projects under construction in Dubai, none past their registered completion dates.
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- When will Chelsea Residences 2 By Damac be completed?
- The completion date registered with the Dubai Land Department is December 2029. At the pace of its recent inspections the site would reach 100% around September 2039. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of Chelsea Residences 2 By Damac is built?
- 5.4%, measured at the Land Department site inspection on 6 August 2026. The Land Department engineers have inspected the site 4 times since May 2025.
- Is Chelsea Residences 2 By Damac delayed?
- It is running behind. At the rate of the last year it would finish more than three months after its registered date of December 2029.
- Who is building Chelsea Residences 2 By Damac?
- The registered developer is Damac Crest Development. It has 1 other project under construction in Dubai.
- Which bank holds the escrow account for Chelsea Residences 2 By Damac?
- Abu Dhabi Commercial Bank. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.
- Chelsea Residences By DamacAlso by Damac Crest Development. 5.2%, Due December 2029.
- Harbour LightsNearby in Dubai Maritime City. 64%, Due May 2027.
- Mar CasaNearby in Dubai Maritime City. 56%, Due October 2026.
- Aria By BeyondNearby in Dubai Maritime City. 85%, Due January 2026, passed.
- Coral ReefNearby in Dubai Maritime City. 33%.
- Off-plan handover in DubaiWhat happens between 100% and getting your keys.
- Snagging a new Dubai homeHow to inspect the unit before you accept it.
Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.