Chelsea Residences by DAMAC Properties, developer's render

Sales open soon · Freehold

Dubai Maritime City · Dubai

Chelsea Residences

by DAMAC Properties · handover Q4 2029

AED 2.16Mstarting price today

AED 3,197registered per sq ft

412sales in 12 months

958units

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Q4 2029Planned handover

DAMAC PropertiesDeveloper

958Units registered

Registered, not startedConstruction

FreeholdOwnership

3743DLD project number

1 to 3 bedroomsHomes on offer

About the project

Chelsea Residences, in plain numbers.

Chelsea Residences is an off-plan residential project by DAMAC Properties in Dubai Maritime City (Madinat Dubai Almelaheyah), Dubai. It is registered with the Dubai Land Department as project 3743, a project consists of g+2p+33 floors(tower a) + 30floors(tower b) + 33 floors(tower c) + roof, residential building located in dubai maritime city, dubai.the building are designed to have a concrete str scheme, with works dated from September 2025. Handover is planned for Q4 2029. 958 units are registered, mostly one-bedroom homes of about 807 sq ft and 2-bedroom homes of about 1,539 sq ft. The register shows 871 sales since September 2025, 412 of them in the last twelve months, at a median of AED 3,197 per sq ft.

Also in this development

Chelsea Residences 1 Tower A and Tower Bhandover Q4 2029
Chelsea Residences 1 Tower Chandover Q2 2030

Amenities

Rooftop Football
Leisure and Entertainment
Beach Club
Gymnasium
Shared Spa
Children's Pool
View of Water
Dining in building
Lobby in Building

Our view

37% above ready resales in Madinat Dubai Almelaheyah per sq ft
412 registered off-plan sales in 12 months

Registered projects only. Every project we show is registered with the Dubai Land Department; payments go into a RERA-supervised escrow account in the developer's name.

Prices and units

What is in Chelsea Residences.

Units by type from the Land Department's register, the prices they have sold at, and the developer’s price list on request.

Type	Units in the project	Typical size	Registered sales, 2 years	Median price	AED / sq ft
1 bedroom	805	807 sq ft	766	AED 2,525,000	3,202
2 bedrooms	124	1,539 sq ft	77	AED 4,590,990	2,985
3 bedrooms	29	2,077 sq ft	27	AED 6,002,000	2,919

Matched to the Land Department project Chelsea 2 Damac (project no. 3743).

Payment plan

How you pay.

20%40%40%

20%
On booking (down payment)20% of the price, about AED 432K on the starting price
40%
During construction40% of the price, about AED 864K on the starting price
40%
On handover40% of the price, about AED 864K on the starting price

A post-handover plan is also offered, where part of the price is paid after you receive the keys; ask us for its schedule.

Payment plan 20/40/40 as published by the developer, checked 26 Sept 2026. Plans change during a launch; we confirm the current one in writing before you reserve.

From the Land Department register

What Chelsea Residences actually sells for.

Registered sale prices, not the developer's list prices.

AED 3,197median per sq ft, last 12 months

412sales registered in 12 months

871sales registered in total, since September 2025

+37%against ready homes in Madinat Dubai Almelaheyah (AED 2,327 per sq ft)

Median registered price per square foot each quarter; the bars below count the sales. The shaded band holds the middle 60% of sales over the last 12 months.

Most recent registered sales
Date	Bedrooms	Sq ft	Price	AED / sq ft	Stage
22 Sept 2026	2 B/R	1,659	AED 4,955,040	2,986	Off-plan
11 Sept 2026	1 B/R	774	AED 2,406,350	3,108	Off-plan
26 Aug 2026	1 B/R	921	AED 2,961,000	3,215	Off-plan
21 Aug 2026	1 B/R	777	AED 2,416,800	3,111	Off-plan
21 Aug 2026	2 B/R	1,158	AED 3,439,680	2,970	Off-plan
12 Aug 2026	1 B/R	921	AED 2,992,000	3,248	Off-plan
10 Aug 2026	1 B/R	894	AED 3,046,000	3,409	Off-plan
7 Aug 2026	1 B/R	776	AED 2,518,000	3,244	Off-plan

Source: Dubai Land Department open data, matched by the registered project name. Unit numbers are never shown.

Location

Where it is.

Dubai Maritime City, Dubai.

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Buying off-plan in Dubai

What it costs beyond the price.

Land Department registration (Oqood): 4% of the price, usually paid with the booking instalment, plus the developer's small registration fee.
No agency fee to you when you buy from the developer: the developer pays our commission.
Your payments go into the project's escrow account, released to the developer as construction is certified.
At handover: service charges start, and a mortgage can finance the final payment if the plan allows it.

General guidance; we confirm every fee for this project in writing before you reserve.

Good to know

Questions people ask.

When is Chelsea Residences handed over?

The developer plans handover for Q4 2029. Launch dates can move, and we track the registered progress for you.

Who is the developer of Chelsea Residences?

DAMAC Properties (registered as Damac Crest Development L.L.C). The project is registered with the Dubai Land Department as number 3743.

What is the payment plan for Chelsea Residences?

20% on booking (down payment), 40% during construction, 40% on handover. We confirm the current plan in writing before you reserve.

What is the price per square foot in Chelsea Residences?

Registered sales over the last 12 months have a median of AED 3,197 per sq ft, against about AED 2,327 for ready homes in Madinat Dubai Almelaheyah.

Can foreigners buy in Chelsea Residences?

Yes. Chelsea Residences is freehold, so buyers of any nationality can own the property outright, registered in their own name with the Land Department.

Is buying off-plan safe?

Payments for a registered off-plan project go into a RERA-supervised escrow account, and your purchase is registered with the Land Department (Oqood). We check the developer's completed projects and the registered sales before we recommend a project.