
Chelsea Residences By DAMAC
by Damac Properties
Dubai Maritime City
- Starting price
- AED 2,560,000
- Handover
- December 2029
- Payment Plan
- 60/40
- Developer
- Damac Properties
- Status
- Off-plan
Chelsea Residences By DAMAC
Designed with architectural finesse and modern sensibility, this high-rise development offers an elevated lifestyle through smart home features, luxurious interiors, and panoramic views of the Arabian Gulf. Backed by a AED 5.3 billion infrastructure revitalization initiative, this project blends urban elegance with coastal tranquility. It appeals to professionals, families, and global investors alike who are looking for sophistication, serenity, and strong capital potential in one of Dubai’s most promising waterfront locations.
Prime Location
• Minutes from DIFC and Downtown Dubai • Quick access to Bur Dubai and Al Mina Road • Direct metro connectivity and public transport access • Short drive to Dubai International Airport • Surrounded by cruise terminals, marinas, and leisure spots
Amenities
• Private beach access • Rooftop terraces with panoramic views • Temperature-controlled swimming pools • Spa, sauna, yoga, and meditation areas • Fully equipped fitness center • Jogging tracks and landscaped gardens • Co-working spaces and business center • Retail outlets and restaurants on-site • 24/7 concierge and security services • Dedicated parking for residents and visitors
Unit Type
1-Bedroom Apartments
• Open-plan layouts, balconies, and gourmet kitchens • Ideal for singles and couples
2-Bedroom Apartments
• Expansive living areas with dedicated workspace • Perfect for small families or working professionals
3-Bedroom Apartments
• Family-sized units with maid’s room and terraces • High-end finishes and premium appliances
All units feature smart home tech, built-in wardrobes, central AC, modern bathrooms, and are pre-wired for high-speed internet.
Delivery Date
• The delivery date is December 31, 2029.
Starting Price
• The starting price is 2,320,000 AED.
Chelsea Residences By DAMAC Properties redefines the standard for waterfront luxury living. Located in the emerging hub of Dubai Maritime City, it delivers not just exceptional homes, but also long-term investment potential in a community set to transform. With unmatched views, elegant interiors, and elite amenities, Chelsea Residences is a visionary development for those who value lifestyle, growth, and prestige. Whether for personal use or investment, it stands as a timeless address with coastal charm and metropolitan connectivity.
Gallery
Floor plans & unit types
| Type | Beds | Size |
|---|---|---|
| Apartment | 1 | — |
| Apartment | 2 | — |
| Apartment | 3 | — |
Amenities & Features
- Shared Pool
- Balcony
- Gym
Location
Exceptional connectivity in Dubai Maritime City
Almost entirely off-plan, with most towers handing over from 2026 onward, so there is little rental evidence yet. The waterfront position and closeness to the old city are the investment case.
- 15 min—Downtown Dubai
- 15 min—Dubai International Airport (DXB)
- 15 min—Dubai Creek Harbour
- 25 min—Mall of the Emirates
- 25 min—Dubai Hills Mall
Approximate drive times, estimated from the project’s location.
Payment plan
Spread the cost across the build — pay in stages up to handover.
60/40
paid during construction / on and after handover
60%
During Construction
40%
On Handover
Expected completion: December 2029
Begin your property journey with us
Speak to an off-plan specialist about this project — no obligation.
- Unit availability and launch pricing
- Payment plan and handover guidance
- Golden Visa eligibility advice
Golden Visa Checker
10-year residency eligibility
Likely eligible for the 10-year Golden Visa property route.
AED 2,000,000 is the widely-cited threshold — confirm current ICP/DLD rules before relying on this.
Rental Yield Calculator
Gross & net return on investment
Gross yield
3.9%
Net yield
2.9%
Net of service charge (AED 12,000/yr), ~6% void & 5% management; net yield on price + 4% DLD transfer. Net operating income AED 77,000/yr.





