Gallery
Imagery courtesy of DAMAC Properties.
The project
About Chelsea Residences
Chelsea Residences is a DAMAC waterfront apartment development in Dubai Maritime City, set between Port Rashid and the Dubai Dry Docks.
Entry pricing is cited around AED 2.16M–2.17M, with one launch figure of AED 2.55M; layouts span roughly 771 to 2,855 sq ft. A 60/40 plan has been reported.
Handover is scheduled for Q4 2029; a second phase, Chelsea Residences 2, has also been released.
Pricing
Published pricing by configuration
As published by the sources listed at the foot of this page. Developer pricing changes between releases — confirm before relying on any figure.
At a glance
Chelsea Residences key facts
- Developer
- DAMAC Properties
- Community
- Dubai Maritime City
- Status
- Launched
- Handover
- Q4 2029
- Starting price
- AED 2.17M
- Unit types
- 1 Bedroom, 2 Bedroom, 3 Bedroom
- Ownership
- Freehold — open to all nationalities
Available units
Chelsea Residencesunits & prices
Starting prices by unit type as published at the latest update. Developer pricing moves with each release — message us for the current price list and live availability.
Process
How to buy at Chelsea Residences
- 01
Shortlist and reserve
Choose a unit type and view at Chelsea Residences and secure it with the booking deposit.
- 02
Sign the SPA
DAMAC Properties issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion (scheduled Q4 2029), the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Sea-facing Maritime City address
- Close to Dubai Islands and Old Dubai
- Follow-on phase signals demand
What to weigh
- Q4 2029 handover
- Payment plan details vary by listing
- Maritime City still maturing as a residential district
FAQ
Chelsea Residences — frequently asked questions
What is the starting price of Chelsea Residences?
Published pricing at Chelsea Residences starts from AED 2.17M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Chelsea Residences?
Chelsea Residences is scheduled for handover in Q4 2029. Off-plan timelines can move, so confirm the current schedule before committing.
Who is the developer of Chelsea Residences?
Chelsea Residences is developed by DAMAC Properties in Dubai Maritime City, Dubai.
What unit types are available at Chelsea Residences?
Chelsea Residences offers 1 Bedroom, 2 Bedroom, 3 Bedroom.
Where is Chelsea Residences located?
Chelsea Residences is in Dubai Maritime City, Dubai.
Can foreigners buy at Chelsea Residences?
Yes. Dubai Maritime City is a freehold area, so buyers of any nationality can own property at Chelsea Residences outright.
Does buying at Chelsea Residences qualify for the UAE Golden Visa?
Units at Chelsea Residences start at AED 2.17M, which meets the AED 2 million property threshold for the 10-year UAE Golden Visa (subject to current ICP rules).
What are the purchase costs at Chelsea Residences?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 87K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Chelsea Residences?
MRK Real Estate advises on primary purchases and resales at Chelsea Residences. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with DAMAC Properties before any transaction.
