DAMAC Properties
Dubai Maritime City, Dubai
A London-inspired waterfront community of three DAMAC towers in Dubai Maritime City, with 1 to 3 bedroom apartments from AED 2.46M, a 60/40 payment plan and handover in Q4 2029.
Overview
Chelsea Residences is a waterfront development by DAMAC Properties in Dubai Maritime City, with a design concept that blends Dubai's skyline with the feel of London's Chelsea. The first phase has three towers of 25, 28 and 30 residential floors above a ground floor and two podium levels, with stepped facades and sea and skyline views.
Homes range from one to three bedrooms, with current one-bedroom prices from about AED 2.46 million for around 771 sq ft and two-bedrooms from about AED 4.58 million. Interiors follow a light, minimalist style with natural textures.
an infinity pool, beach access and a beach club, cryotherapy, forest relaxation pods, a meditation garden, indoor and outdoor yoga, a football field and football simulator, an open-air gym, an owners' lounge and waterfront dining. Dubai Maritime City sits between Port Rashid and Dubai Islands, a few minutes from Downtown and DIFC.
Highlights
The points buyers usually ask about first.
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02
03
04
05
06
Amenities
Shared spaces saved on this project.
Layouts
3 bedroom configurations are available. Starting size and price apply across the mix unless the developer quotes separately.
Starting figures
Project entry size and price — shared across the bedroom mix below.
1
Bedroom
2
Bedroom
3
Bedroom
Payment plan
Each stage is a share of the starting price. The developer confirms the final schedule.
5%
On booking (plus Oqood, title deed and DSR fees)
AED 123K of the starting price
10%
1 month after booking
AED 246K of the starting price
45%
During construction: monthly instalments with milestone payments
AED 1.11M of the starting price
40%
On completion (Q4 2029)
AED 983K of the starting price
Buying context
These are market context notes, not a forecast for this project. The entry price is the only figure taken from the listing.
Entry price
AED 2.46M
Starting price on this listing
Ownership
Freehold
Foreign buyers can hold the title
Buyer protection
DLD escrow
Off-plan funds sit in a regulated account
Typical yield
6–8%
Dubai range. Not this project’s return
Costs
Standard Dubai purchase costs. The exact fee is confirmed in the reservation.
DLD registration
4%
of purchase price
Oqood / admin
AED 3K–5.2K
off-plan registration
Agency fee
0%
paid by developer
Service charge
AED 16–22
estimated per ft²
Buying journey
One adviser stays with you from the reservation through handover.
Choose a layout and sign the reservation form.
5 plus DLD fees confirms the allocation.
Complete the sale agreement and Oqood registration.
Snagging, the final payment and keys in Q4 2029.
Location
Chelsea Residences by DAMAC is plotted in Dubai Maritime City. Open a pin to see what sits nearby.
Apartments · Off Plan
Map pin is searched from the project name and area — no coordinates to maintain.
Open in Google MapsChelsea Residences by DAMAC, Dubai Maritime City, Dubai, United Arab Emirates
Questions
In Dubai Maritime City, on the waterfront between Port Rashid and Dubai Islands, a few minutes from Downtown Dubai, DIFC and Bur Dubai.
Brochure
We send the Chelsea Residences by DAMAC pack to your inbox after a short enquiry.
The content is for information purpose only.
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