AED 2,850,000

Own this from just

11,722 AED/month
2 Bedrooms
3 Bathrooms
1,006 sqft / 93 sqm
APARTMENT FOR SALE IN CHELSEA RESIDENCE BY DAMAC, MARITIME CITY

MOTIVATED SELLER | UNIQUE OPPORTUNITY | WON'T LAST

Unparalleled Waterfront Lifestyle
Nestled along the shores of Dubai Maritime City, Chelsea Residences boasts uninterrupted panoramic views of the Arabian Gulf and Dubai skyline in every unit—no exceptions.

Prime Location & Connectivity
• Just 15–20 minutes to Downtown Dubai, DIFC, and DXB Airport, with easy access to major highways and metro lines.
Maritime City Dubai

• Positioned between Port Rashid cruise terminal and Dubai Drydocks, with a vibrant mix of commercial, maritime and leisure infrastructure.

Architecture & Residences
• A collection of six branded residential towers developed in collaboration with Chelsea FC, offering 1‑, 2‑, and 3‑bedroom apartments.
The Times.
• Ranging from ~780 to over 2,130 sq ft, each with floor‑to‑ceiling windows, smart layouts, premium finishes, and sea views.
• Architecturally designed by Gensler, ensuring a modern coastal aesthetic with smart, ventilated layouts.

Investment Potential
Competitive pricing: starting from AED 2.16M (1‑bed), AED 3.10M (2‑bed), and AED 4.77M+ (3‑bed).

Flexible payment terms: typical 60/40 post‑handover payment plan; some reports of 20/40/40 or even 1% monthly during construction.

Projected rental yields: range from ~6% to 7%+ for most units; potential growth driven by branded premium.

Capital appreciation: early estimates suggest combined annual returns (rental + value growth) of 15–20% in early years, tapering to sustainable 10–13% long-term.

Golden Visa eligibility: investments over AED 2M may qualify purchasers for UAE residency benefits.

Timeline & Status
• Off-plan project, scheduled for completion in December 2029. Some sources note Q4 2029 or earlier in Q4 2027 discrepancies exist—expect handover timeframe approval by late 2029.

• Currently open for reservations with starting price offers and payment plan options.

Property details

Property Type

Apartment

Property Size

1,006 sqft / 93 sqm

Bedrooms

2

Bathrooms

3

Available from

24 Jul 2026


Amenities

Study

Central A/C

Balcony

Shared Pool

Shared Spa

Security

Concierge

Covered Parking

Built in Wardrobes

Walk-in Closet


Project information

project imageproject imageproject image

Under Construction

Chelsea Residences

1, 2 and 3 bedrooms

Developed by:

Damac Properties

Delivery Date:

Q4 2029

Down payment:

20%

Property types:

Apartment


Location

Map preview
Maritime City
Community Insights

Mostly apartments | Waterfront

Price Range:

890K-50M AED

Price Insights

This property costs 13% less than the average price of 2 bedroom in Maritime City

Average Sale Price is 3,265,333 AED

This property is 20% smaller than the average size of 2 bedroom in Maritime City

Average size is 1,264 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Maritime City

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Monthly payment

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Regulatory information
Regulatory information

Reference

189-ShabeerChelsea02

Listed

2 days ago

Broker License

820864

Agency name

PROPERTIES EXCHANGE REAL ESTATE L.L.C

Zone name

Madinat Dubai Almelaheyah

DLD Permit Number:

71756065540

Agent License

78066

DLD Permit Number

Fathima Arzana

5.0

usually responds within 5 minutes

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