1-BED APARTMENT CHELSEA RESIDENCES BY DAMAC TOWER C
1BR + 2BA · 771 sqft · Chelsea Residences by DAMAC Tower C
★ Golden VisaVerified 13h ago
Now
AED 2.45M
AED 3,179
Price / sqft
771 sqft
Built-up area
1BR + 2BA
6d
On market
vs 5d median
AED 12,633
Mortgage est.
25y · 6% · 20% down
II · THE THESIS
DEAL SCORE PENDINGWHY THIS IS A DEAL
01
HEADLINE · COMPOSITE
SCORE BREAKDOWN
Awaiting first price event to compute score.
Insider unlocks the four evidence rows below.
Motivation · Negotiability · Below median · Every section below
INPUTS
4 signals + relist
WEIGHTS
Drop 35 · Neg 25 · Med 20 · Conf 10 · Relist 10
COMPS
10 comps · Daily
BENCHMARK
Dubai Maritime Cit, last 180d
REFRESH
Daily
IV · CASHFLOW
UAE CB GUIDELINES · YOUR ASSUMPTIONSMORTGAGE · RENT · BREAK-EVEN
YOUR ASSUMPTIONS
Down payment20%
15%40%
Interest rate6.00%
3.50%8.00%
Term25 yr
15 yr30 yr
UAE CB caps · 25-yr tenor · 80% LTV on a first home ≤ AED 5M · rates vary by bank — drag the sliders
MONTHLY · NOW
AED 13K
vs AED 13K at pre-drop price (AED 2.45M) · See cuts ↓
DOWN PAYMENT
AED 490K
20% of price
DLD FEE
AED 98K
4% of price
MORTGAGE REG
AED 5K
0.25% loan + 290
CASH TO CLOSE
AED 593K
Day-one out-of-pocket
LOAN AMOUNT
AED 1.96M
25y · 6.00%
TOTAL INTEREST
AED 1.83M
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 12K
/ mo · ~6% gross yield
BUY · NOW
AED 13K
+AED 379 / mo
Your monthly cost is already higher than the rent estimate — the buy vs rent break-even leans on price appreciation rather than monthly cash flow.
STRESS TEST
AT VARIOUS RATESIf rates climb to 8%, your payment grows by ~AED 3K/mo.
V · COMPARABLES
DUBAI MARITIME CITY · 1BR · ACTIVEVALUE · 10 COMPS
VALUE HEADLINE
AED 3,179 /sqft+14%
vs area median AED 2,792 /sqft · 9 comps
RANK
9 / 10
MID/HIGH RANGE
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %AED / SQFT · DISTRIBUTION
BREAKDOWN · 9 LISTINGS
MORE EXPENSIVE /SQFT
1
11% of comps
CHEAPER /SQFT
8
See table
MEDIAN DOM
—
this listing: —
NEW THIS WEEK
—
Last 7 days
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThisAED 2.45M7713,179———Full Seaview · Fully Furnished · 30/70 PP · 40 + AmenitiesAED 1.70M6602,576——-19%Full Sea View · 30 · 70 PP · Forest communityAED 3.60M1,3882,594——-18%Full Sea & Marina View · Nautica OneAED 1.75M6512,688——-15%Panoramic Sea View · Fully Furnished · Book With 10% · 30/70 PPAED 1.10M3952,785——-12%0.5% Monthly · 20/80 PP · Free Golden Visa · Fully FurnishedAED 1.10M3942,792——-12%TAKEAWAYOf 9 comparables, 1 are more expensive per sqft. The 8 cheaper ones are a mix of smaller units and older buildings.
Unlock all comparables · AED 199 / mo
Scatter · distribution · full table · CSV export
VI · AREA INTEL
DUBAI MARITIME CITY · ACTIVE COMPSGEOGRAPHY · PULSE · VELOCITY
MEDIAN PRICE · ACTIVE
AED 2.35MThis: AED 2.45M · +5%
AVG DOM
5d
THIS: 6D · +1D
ACTIVE COMPS
10
listings in segment
SIMILAR INVENTORY
Browse drops in Dubai Maritime City