“In the name of ALLAH, the Most Gracious, the Most Merciful”
iRealtor Real Estate – Your Dream Home Awaits!
Bismillah in Arabic calligraphy
Community guide · Dubai

Living in Dubai Maritime City

A waterfront peninsula next to Port Rashid, being turned into a seafront residential district.

About Dubai Maritime City

Dubai Maritime City is a peninsula between Port Rashid and the Arabian Gulf. Google Maps places DAMAC's Chelsea Residences and Harbour Lights in Madinat Dubai Al Melaheyah.

DAMAC's projects here include Chelsea Residences, Coral Reef and Harbour Lights de GRISOGONO.

Key facts
EmirateDubai
OwnershipOpen to all buyers (freehold projects)
Home typesApartments
Main developerDAMAC (main residential developer here)
Price per sq ft*Ask uslatest prices on request
Rental yield*Ask usdepends on the unit
*Bayut Dubai H1 2026 market report. Market data changes; ask us for today's figures.

Market data: registered sales

What homes in Dubai Maritime City actually sold for, from sales registered with the Dubai Land Department.

Sales registered (12 months)3,181
Median sale priceAED 2,489,560-2.1% vs previous 12 months
Median price per sq ftAED 3,186+10.0% vs previous 12 months
Off-plan share of sales98.8%
Home typeMedian sale priceMedian rentGross yieldSales
StudiosAED 1,377,000AED 65,000 a year–799
1-bedroom apartmentsAED 2,481,600AED 95,000 a year–1,473
2-bedroom apartmentsAED 4,150,000AED 132,000 a year–629
3-bedroom apartmentsAED 5,895,120AED 217,500 a year–125
Source: datadubai.ae / DLD (Dubai Land Department open data, CC BY 4.0). Registered sales Oct 2025 to Sep 2026, data to 15 Oct 2026. Figures are medians of real registered transactions (resale and off-plan), not asking prices, developer prices or a valuation. Records: Dubai Maritime City.

Your guide to Dubai Maritime City

Buying in Dubai Maritime City

  • Off-plan seafront apartments. Ask us which towers are still selling.
  • Foreign buyers can own freehold in Dubai's designated freehold areas. We confirm every unit's title and status with the Dubai Land Department before you pay anything.
  • Budget for the one-off 4% Dubai Land Department transfer fee. It is a purchase cost, not a yearly tax.
  • Homes worth AED 2 million or more can qualify for the UAE 10-year Golden Visa, off-plan included. The authorities make the final decision.

Renting in Dubai Maritime City

  • Ask us for ready rentals nearby in Mina Rashid and Bur Dubai.
  • Every Dubai lease is registered on Ejari.
  • Rent increases at renewal follow the RERA rental index, so check the official calculator before you agree a new rent.

Investing in Dubai Maritime City

  • A seafront district close to the old city. We check handover dates and service charges first.
  • Individuals' rental income from UAE property is outside UAE Corporate Tax (Cabinet Decision No. 49 of 2023), and there is no annual property tax.

Selling or letting in Dubai Maritime City

  • We price your unit against the newest launches in the area.
  • New launches compete for the same buyers, so a ready home has to stand out on price, condition and photos. We handle all of that for you.

Lifestyle and amenities

Sea

Seafront towers on the Gulf.

Port

Next to Port Rashid and Mina Rashid.

Old Dubai

Close to Bur Dubai and Al Fahidi.

City

A short drive to Downtown Dubai.

Dubai Maritime CityDubaiOpen in Google Maps →

Getting around

  • Downtown Dubai · short drive*
  • Dubai International Airport · short drive*
*Check live traffic before you travel.

Dubai Maritime City FAQs

{{f.a}}

Sources (checked 15 October 2026)
  1. Google Maps - Chelsea Residences by DAMAC, Madinat Dubai Al Melaheyah
  2. Google Maps - Harbour Lights by DAMAC, Madinat Dubai Al Melaheyah
This guide is general information, not legal or financial advice. Prices, yields and rules change; we confirm the latest position before you commit.

Thinking about Dubai Maritime City?

Tell us your budget and timing. An iRealtor advisor will share the best options on Dubai Maritime City, ready or off-plan.