Chelsea Residences
Chelsea Residences Offered by Buy Dubai Off-Plan
Chelsea Residences

Chelsea Residences

by DAMAC in Dubai Maritime City View on map Under construction

Starting price
AED 2,170,000
Payment plan
60/40
Handover
Q4 2029

≈ € 521,000

Project details

Starting price AED 2,170,000 ≈ € 521,000 What will my monthly payments be?
Payment plan 60/40 60% during construction, 40% at handover
Handover Q4 2029 Under construction
Bedrooms 123
Property type
Apartment
Floor area
72 to 191 m²
Developer
DAMAC
Project brochure
Free, with no obligation

The Chelsea Residences brochure

Download the brochure for Chelsea Residences for free with all the information about this project.

  • Floor plans by property type
  • Full price list
  • Payment plan
Download the brochure

About Chelsea Residences

  • Unique football theme in collaboration with Chelsea FC

  • Waterfront apartments with sea views and modern layouts

  • Premium wellness facilities such as halotherapy and cryotherapy

  • Strategic location in Dubai Maritime City with excellent transport links

  • Private beach and luxury amenities including an infinity pool and rooftop football pitch

Chelsea Residences at Dubai Maritime City: Luxury apartments by Damac

Chelsea Residences is an exclusive residential building in Dubai Maritime City, developed by Damac Properties in collaboration with Chelsea Football Club. This project combines luxury living with a football theme, making it unique in its class. The residence consists of three towers with one, two, and three-bedroom apartments, all featuring modern finishes and spacious balconies with water views. Completion is scheduled for the fourth quarter of 2029, giving investors the opportunity to get involved in a project with significant potential now. The location offers not only stunning views but also easy access to key areas such as Old Dubai, Deira, and economic zones like DIFC and Dubai Healthcare City. The area surrounding the project is currently undergoing a transformation, with new developments such as the Dubai Reef project and improved public beaches nearby. This makes Chelsea Residences an attractive investment for those seeking a luxury home in a dynamic environment.

Apartment types and layouts at Chelsea Residences Dubai Maritime City

Chelsea Residences offers a selection of waterfront apartments with one, two, or three bedrooms, ranging in size from 71.81 m² to 191.01 m². The apartments are designed with an open-plan layout, allowing for ample natural light and a spacious feel. The kitchens are equipped with high-quality appliances and modern cabinetry, while the bathrooms are styled like a boutique hotel, with refined accessories and soft lighting. The balconies provide panoramic views of the water and the Dubai skyline, creating a serene living environment. The residence focuses on a high-end lifestyle, with attention to detail in every aspect of the interior. The combination of functionality and aesthetics makes these homes ideal for both families and professionals seeking comfort and style. Furthermore, the apartments feature high-quality materials and finishes, meeting the expectations of the most discerning buyers.

About the developer Damac and the Chelsea Residences design

Damac Properties, a renowned developer in Dubai, is behind Chelsea Residences. The company is known for its innovative projects and collaborations with international brands, as in this case with Chelsea FC. The building itself is an architectural masterpiece, inspired by maritime elegance and the rhythm of ocean waves. The three towers range in height from 25 to 33 storeys and are designed to maximise natural light and views. The use of biophilic design creates a harmonious connection between indoor and outdoor spaces, featuring garden terraces and large windows. The communal amenities are located on the podium level, including an infinity pool with sea views, sun decks, and lounge areas. Additionally, there are fitness facilities, yoga studios, and a spa, all focused on wellness and relaxation. The building also offers a retail promenade, ensuring residents have daily necessities within easy reach. All of this makes Chelsea Residences not just a place to live, but a place to enjoy life.

Location and Area

Chelsea Residences is located in Dubai Maritime City, an area known for its maritime charm and excellent transport links. The location provides easy access to major traffic arteries such as Sheikh Rashid Road and the Shindagha Corridor, putting the centre of Dubai within easy reach. The nearby Al Ghubaiba metro station offers a quick connection to other parts of the city, such as Dubai International Airport, which is approximately a 20-minute drive away. The surrounding area is currently undergoing further development, with projects such as the Dubai Reef project and new public beaches in the planning stages. This makes the area attractive for future residents and investors. Furthermore, the neighbourhood benefits from the transformation of Old Dubai, preserving historical elements while incorporating modern infrastructure. The combination of a tranquil waterfront and urban dynamism makes this location unique. Whether for work, shopping, or relaxation, everything is within reach, making Chelsea Residences an ideal place to live and invest.

Flexible payment plan for Chelsea Residences apartments

The payment plan for Chelsea Residences is structured to minimise financial risk for investors. The plan provides for a payment of 60% during the construction phase and the remaining 40% upon completion. This allows buyers to phase their investment without having to pay the full amount immediately. The starting price for an apartment in this project is AED 2,170,000, depending on the type and size of the unit. For international investors, it is important to know that we can guide you through the entire purchase process. We assist not only with the financial settlement but also with any questions regarding taxes, leasing, and resale. The payment plan is transparent and offers certainty, making it an attractive option for those looking to invest in Dubai’s real estate market. Please feel free to contact us for more information on the possibilities.

Amenities

Payment plan for Chelsea Residences

60%40%
60%
During construction, in instalments
AED 1,302,000
≈ € 312,000
40%
After handover
AED 868,000
≈ € 208,000

Monthly payments and your own funds

How much do you need for Chelsea Residences, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 4,392

≈ € 1,050 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 1,302,000≈ € 312,500
Your funds at handover
AED 0≈ € 0
Mortgage at handover
AED 868,000≈ € 208,300
Purchase costs4% DLD fee and mortgage costs
AED 98,520≈ € 23,600
Total funds required
AED 1,400,520≈ € 336,100
Request finance guidance for Chelsea Residences
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Floor plans

Photos of Chelsea Residences

Location

Dubai Maritime City, Dubai Dubai International Airport: 20 minutes (car) · Nearby Metro Station: 18 minutes (car)
Open in Google Maps

Travel times from Chelsea Residences

  • Dubai International Airport: 20 minutes (car)
  • Nearby Metro Station: 18 minutes (car)

About DAMAC

Damac offers an extensive portfolio of off-plan real estate projects in Dubai, ranging from luxury apartments to exclusive villas. These projects are located in prestigious areas such as Dubai Marina, Downtown Dubai, and Palm Jumeirah. Off-plan investing with Damac means purchasing a property before construction is completed, which often brings financial advantages. The developer is known for its timely handovers and quality finishes.

On this page, you will find a complete overview of all current off-plan projects by Damac, including details on location, floor area, and payment terms. Contact us for more information on specific projects.

All projects by DAMAC

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Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.