Project general facts Chelsea Residences by DAMAC is an ultra-luxury waterfront development located in Dubai Maritime City. The project consists of six architecturally distinctive towers developed in two phases, offering a curated collection of 1- to 3-bedroom residences. Designed with a contemporary approach that blends elegant coastal aesthetics with urban sophistication, the development provides residents with panoramic sea views and excellent connectivity to key districts such as Port Rashid, DIFC, and Downtown Dubai, making it a strategically positioned branded residential destination. The project offers an extensive range of lifestyle, wellness, and sports-inspired amenities designed to create a resort-like living experience. These include infinity pools, aerial yoga spaces, jogging tracks, outdoor gyms, and dedicated wellness zones such as cryotherapy, water treatment tunnels, rain therapy areas, and forest relaxation pods. Additional lifestyle features include a Chelsea Football simulation room, kids’ underwater-themed play areas, and the exclusive Chelsea Blue Beach Club, creating a diverse environment that blends recreation, fitness, and relaxation. The interiors are
| Milestone | Share | On AED 2.46M |
|---|---|---|
| On booking | 5% | AED 123K |
| During construction | 55% | AED 1.35M |
| Upon Handover | 40% | AED 983K |

DAMAC Properties is part of DAMAC Group that has been shaping the Middle East's luxury real estate market since 1982, delivering iconic residential, commercial and leisure properties across the region and beyond. Since the early days of DAMAC Properties, the organisation has continually received recognition and…
Chelsea Residences starts from AED 2.46M and runs to AED 5.38M, across 1 bedroom, 2 bedroom, 3 bedroom. Prices move with each release; the pack carries the current list.
5% on booking, 55% during construction, 40% upon handover, worked in dirhams on AED 2.46M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
DAMAC lists handover for DEC 2029, with the project currently under construction. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
In Maritime City, Dubai: Little Diamond Nursery Al Raffa 4.4 km, Wasl Community Park 4.4 km, Al Rais Shopping Centre 5.3 km. The Maritime City community guide on this site has the registered prices, rents and schools around it.
Yes, units from AED 2M qualify for the 10-year Golden Visa, including off-plan with a payment plan in progress. We handle the application as part of the purchase.
Yes, escrow account 001582176820101. Payments release to the developer only against certified construction progress.
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.