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Peak Trust - Global Real Estate

Chelsea Residences by DAMAC vs Aurea

Chelsea Residences by DAMAC is the cheaper and earlier of the two: it starts at AED 2,170,000 against AED 2,310,000, a 6% gap and hands over in 2029 against 2030. Aurea prices at AED 2,926 per square foot against AED 3,186. Both projects are in Madinat Dubai Almelaheyah, so the same area benchmark applies to each.

A side-by-side comparison of two off-plan developments in Madinat Dubai Almelaheyah, Dubai: pricing, payment plans, handover and developer track record, from official Dubai Land Department records.

Side by side

Chelsea Residences by DAMAC and Aurea compared

Both projects are in Madinat Dubai Almelaheyah · area avg AED 2,225/sqft · 5-yr area growth +34%. Chelsea Residences by DAMAC has the lower entry price.

Chelsea Residences by DAMAC versus Aurea comparison
Chelsea Residences by DAMACAurea
Starting priceAED 2,170,000AED 2,310,000
Payment plan20/40/4080/20
Handover20292030
DeveloperDAMAC PropertiesEmaar Properties
Total units982172
Developer projects222307
Developer delivered118201

Data computed by Peak Trust Analytics · Dubai market data powered by the Dubai Land Department (DLD) · Updated Jul 2026. Proprietary — not to be reused or redistributed without authorization. Not investment advice.

Questions & answers

Frequently Asked Questions

Which is cheaper, Chelsea Residences by DAMAC or Aurea?

Chelsea Residences by DAMAC has the lower entry price, from AED 2,170,000 against AED 2,310,000 for Aurea. Per square foot the order is Aurea at AED 2,926 and Chelsea Residences by DAMAC at AED 3,186.

Which hands over first, Chelsea Residences by DAMAC or Aurea?

Chelsea Residences by DAMAC is scheduled to hand over first, in 2029, against 2030 for Aurea.

What payment plans do Chelsea Residences by DAMAC and Aurea offer?

Chelsea Residences by DAMAC is offered on a 20/40/40 payment plan and Aurea on 80/20.

How do the developers of Chelsea Residences by DAMAC and Aurea compare?

DAMAC Properties has 222 projects registered with the Dubai Land Department and 118 delivered, against 307 registered and 201 delivered for Emaar Properties.

What do homes cost in Madinat Dubai Almelaheyah generally?

Homes in Madinat Dubai Almelaheyah sold at an average of AED 2,225 per square foot, from sale transactions registered with the Dubai Land Department. That is up 34% over five years.