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Chelsea Residences By DAMAC
Chelsea Residence by Damac, Maritime City
About this Project
Construction Status
Project Details
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•Type: apartment
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•Completion Date: 2029-12-31
Amenities
Project Timeline
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•Expected Booking Date: 19/07/2025
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•Construction Started: 20/07/2025
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•Expected Completion : 31/12/2029
Available unit types from developer
APARTMENT
1 Bedroom
Available Layouts
| Layout Type | Size (sqft) | Floor Plan |
|---|---|---|
| Type A | 811.00 | View |
APARTMENT
2 Bedrooms
APARTMENT
3 Bedrooms
Available Layouts
| Layout Type | Size (sqft) | Floor Plan |
|---|---|---|
| Type A | 2,132.00 | View |
Standard
down payment
20%during construction
40%handover
40%Monthly Payment Calculator
📋 Note:
This is an estimate only. Actual rates and terms may vary based on your credit profile, bank policies, and current market conditions. Additional costs like insurance, registration fees, and bank charges are not included.
Location
Chelsea Residence by Damac , Maritime City
Yes, Chelsea Residences By DAMAC is a strong investment opportunity due to its premium seafront location, modern architecture, and access to private beaches and luxury waterfront amenities. Located in Dubai Maritime City, adjacent to Port Rashid and minutes from DIFC and Downtown Dubai, the project sits within a government-backed regeneration zone with AED 5.3 billion allocated for infrastructure upgrades. Residents benefit from direct access to metro stations, cruise terminals, marinas, and iconic landmarks like the QE2 hotel. The project offers a selection of 1, 2, and 3-bedroom apartments with panoramic Gulf and skyline views, catering to professionals and global investors. With limited supply, competitive pricing, and rising demand in the area, Chelsea Residences presents excellent potential for capital appreciation and high rental returns.
The stating price for Chelsea Residences By DAMAC is 2,320,000 AED.
Chelsea Residences By DAMAC is located in Dubai Maritime City, a prime waterfront district positioned between Port Rashid and the heart of Dubai.
Chelsea Residences By DAMAC is a freehold property, allowing both local and international buyers full ownership of their units in Dubai.
The payment plan for Chelsea Residences By DAMAC is structured as follows: • 20% Down Payment – Due at the time of sales launch • 40% During Construction – Paid in scheduled installments throughout the construction period • 40% On Handover – Paid upon completion and delivery of the unit
Chelsea Residences By DAMAC is owned and developed by Damac Properties, a leading real estate company in Dubai known for delivering high-end residential and commercial projects. Damac has a strong track record of creating luxury developments across prime locations in the UAE and internationally. The company is recognized for its commitment to quality, innovative design, and premium lifestyle offerings, making Chelsea Residences a trusted investment backed by an established and reputable developer.
Chelsea Residences By DAMAC is scheduled for delivery in December 2029. This completion timeline provides buyers and investors with a clear target for handover and occupancy. The project is currently progressing according to its development plan, aligning with Damac Properties’ standards for timely execution. With the expected handover in late 2029, buyers can plan their investments and future residency with confidence in a strategic and rapidly developing waterfront location.
Chelsea Residences By DAMAC offers a range of high-quality apartment options designed to suit various lifestyle needs and investment goals. The development includes one-bedroom, two-bedroom, and three-bedroom units, each featuring modern interiors and access to premium waterfront amenities. The 1-bedroom apartments start from AED 2.2 million and offer a size of 773 square feet. The 2-bedroom units are priced from AED 3.1 million, with a size of 1,158 square feet. The 3-bedroom apartments start at AED 4.9 million and span 1,652 square feet. These options cater to professionals, families, and investors looking for upscale seafront living in Dubai Maritime City.
Launch Price
*Prices may vary