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Chelsea Residences, Towers 1 and 2
Chelsea Residences is a waterfront apartment scheme in Dubai Maritime City, built by DAMAC Properties in partnership with Chelsea Football Club.
From AED 2.3mfor 1-bed
- ≈ £469k · $626k
Plan: 20/40/40
Handover: Q4 2029
Since 2003 · Dubai + London · Licence 601049 · RERA ORN 1219
Key information
Chelsea Residences, Towers 1 and 2 at a glance
- Developer
- DAMAC Properties
- Location
- Dubai Maritime City
- Homes
- 1, 2, 3
- Sizes
- 811 to 2,132 sq ft
- Handover
- Q4 2029The developer’s date. Use the date in your sale agreement.
- Government fee
- 4% of the price to the Dubai Land DepartmentAED 92,000 on the starting price
All key information5 more facts: payment plan, status, launched, number of homes, progress
- Payment plan
- 20/40/40
- Status
- Under construction
- Launched
- July 2025
- Number of homes
- Over 1,400 homes across the full six-tower scheme
- Progress
- About 5% built (DLD-derived portal data, August 2026)
Checked 13 October 2026 against the developer’s own pages and public records. Starting prices are the developer’s published figures and change often: ask for today’s price list.
Reviewed by Ayman Hoque, Operations Manager, Live Dubai InternationalDubai Land Department broker card no. 55937 · Checked 13 October 2026 · 3 sources
What stands out
- Built in partnership with Chelsea Football Club
- Six towers and over 1,400 homes in total
- 1, 2 and 3 bedroom apartments
More that stands out2 more points and 8 amenities listed by the developer
- Waterfront site in Dubai Maritime City
- Handover expected Q4 2029
- Beach lagoon
- Rooftop football pitch
- Football simulators
- Performance gym
- Kids' play area
- Spa
- Wellness centre
- Rain therapy area
Payment plan
How you pay for Chelsea Residences, Towers 1 and 2
20% on booking, 40% during construction, 40% on handover. DAMAC's page also shows a 1% monthly option.
What it costs to buy
- PriceFrom AED 2.3m
- Dubai Land Department fee (4%)AED 92,000
- RegistrationAbout AED 520
- Developer’s admin feeVaries by project
Pounds and dollars are a guide, at mid-market rates on 3 November 2026; your bank’s rate will differ. Plans as published by the developer change between launches and unit types: we confirm the current plan in writing with the price list, and yours is the one in the sale agreement.
Before you buy
Before you buy, check
- 40% of the price is due at handover on the 20/40/40 plan.
- Construction was at an early stage in August 2026. Ask for the latest DLD figure.
- Tower names are used loosely in listings. Confirm exactly which tower your unit is in.
Check the project and its escrow account with the Dubai Land Department before you pay.
Who Chelsea Residences, Towers 1 and 2 suits3 kinds of buyer
- Buyers who want a sea-view apartment near old Dubai and Downtown
- Chelsea supporters who value the club branding
- Buyers who can wait until late 2029
Prices and floor plans
Today’s prices for Chelsea Residences, Towers 1 and 2
We send the current price list, floor plans and payment plan, and tell you honestly how it compares with similar projects. No spam.
More about Chelsea Residences, Towers 1 and 2
Where it isDubai Maritime City
Chelsea Residences is in Dubai Maritime City, a peninsula between Port Rashid and the Dubai dry docks. The area is reached by road and has no metro station of its own.
Pictures4 more developer renders
Developer render, 2 of 5 
Developer render, 3 of 5 
Developer render, 4 of 5 
Developer render, 5 of 5
Images: DAMAC Properties. Artist impressions may differ from the finished building.
Common questions5 answered from the facts above
When will Chelsea Residences be finished?
Handover is expected in Q4 2029, with December 2029 quoted by several sources.
Who is the developer of Chelsea Residences?
DAMAC Properties, in a branding partnership with Chelsea Football Club.
Where is Chelsea Residences?
In Dubai Maritime City, on the coast between Port Rashid and the dry docks.
What homes are available at Chelsea Residences?
Apartments with 1, 2 and 3 bedrooms, from about 811 to 2,132 sq ft.
What is the payment plan at Chelsea Residences?
The launch plan was 20/40/40. DAMAC's page also shows a 1% monthly option, so ask which applies.
Everything elseOther DAMAC projects, sources
Other DAMAC projects
DAMAC · Business BayWaterfrontCanal CrownFrom AED 3.5m≈ £713k · $953k
DAMAC · DAMAC IslandsWaterfrontDAMAC IslandsFrom AED 2.6m≈ £530k · $708k
DAMAC · DAMAC Islands 2WaterfrontDAMAC Islands 2From AED 2.75m≈ £560k · $749kSources 3, checked 13 October 2026
This page is a guide, not financial advice. Details come from the developer and public records and can change. Check the project and its escrow account with the Dubai Land Department before you pay.