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Chelsea Residences 2 By Damac
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Chelsea Residences 2 By Damac

Damac Properties
Starting from
2.16M AED
Handover
Q4 2029
Stage
Under construction
Payment Plan
20/40/40
Property Type
Apartment
Price per sqft
AED 2,497
11% below area avg

Floor Plans & Unit Types

1 Bedroom
780 sqft
2 Bathrooms
from 2.16M AED
Ask about this layout
2 Bedrooms
1,300 sqft
3 Bathrooms
from 3.1M AED
Ask about this layout
3 Bedrooms
2,040 sqft
4 Bathrooms
from 4.77M AED
Ask about this layout

How much you pay, and when

20%
Booking
now
40%
Construction
12 quarters
40%
Handover
Q4 2029
Amounts for each layout · 3
  • 1 Bedroom

    780 sqft

    from AED 2.16M

    AED 2,769 per sqft

    Booking

    AED 432K

    Construction

    AED 864K

    12 × AED 72K

    Handover

    AED 864K

    Ask
  • 2 Bedrooms

    1,300 sqft

    from AED 3.1M

    AED 2,385 per sqft

    Booking

    AED 620K

    Construction

    AED 1.24M

    12 × AED 103K

    Handover

    AED 1.24M

    Ask
  • 3 Bedrooms

    2,040 sqft

    from AED 4.77M

    AED 2,338 per sqft

    Booking

    AED 954K

    Construction

    AED 1.91M

    12 × AED 159K

    Handover

    AED 1.91M

    Ask

Payment schedule by quarter

On the cheapest layout (1 bed from AED 2,160,000): what leaves your account and when. By handover you will have paid AED 1,296,000, with the rest due on keys.

WhenPaymentPaid to dateLeft to payShare of the flat
Q1 2027AED 72,000AED 504,000AED 1,656,00023%
Q2 2027AED 72,000AED 576,000AED 1,584,00027%
Q3 2027AED 72,000AED 648,000AED 1,512,00030%
Q4 2027AED 72,000AED 720,000AED 1,440,00033%
Q1 2028AED 72,000AED 792,000AED 1,368,00037%
Q2 2028AED 72,000AED 864,000AED 1,296,00040%
Q3 2028AED 72,000AED 936,000AED 1,224,00043%
Q4 2028AED 72,000AED 1,008,000AED 1,152,00047%
Q1 2029AED 72,000AED 1,080,000AED 1,080,00050%
Q2 2029AED 72,000AED 1,152,000AED 1,008,00053%
Q3 2029AED 72,000AED 1,224,000AED 936,00057%
Q4 2029AED 72,000AED 1,296,000AED 864,00060%

Amounts start from each layout's lowest price on the developer's plan. The 4% DLD fee and developer charges come on top.

DLD transactions

873deals registered
of 958 homes in the project
about 91% sold
50% sold in the first 3 months
Paid in deals, per sqftAED 3,194
Developer asks now, per sqftAED 2,497
deals went 28% dearer than the developer asks now
Deal price since launch+2%
Deals by month
Jul 2025Sept 2026

Dubai Land Department data via Dubai Data, to 22 October 2026

Location & Nearby Places

Google Maps

Compared with the area

Price per sqft
-11%
AED 2,497 per sqft - 11% below the Maritime City average of AED 2,805.
Entry price
11 of 31
The entry price is lower than for 11 of the 31 projects in Maritime City in our catalogue.
Handover
2029
Handover is later than for most projects in the area. Projects in Maritime City hand over between 2026 and 2029.
Payment plan
20/40/40
Differs from the usual plan of Damac Properties: most of the developer's 131 projects in our catalogue use 20/55/25.
Smallest unit
780 sqft
In line with the typical smallest unit in Maritime City (753 sqft).

Calculated across the 31 projects we track in Maritime City. Figures come from our own catalogue, not from a market index.

Amenities

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

About Chelsea Residences 2 By Damac

Nestled in Maritime City, Dubai, Chelsea Residences 2 By Damac is a new off-plan project by the renowned developer Damac Properties.

The project offers 1, 2 and 3-bedroom apartments with prices starting from AED 2.2M. Handover is scheduled for Q4 2029 with a 20%/40%/40% payment plan.

The development includes Rooftop Football, Leisure and Entertainment, Beach Club, Gymnasium among its amenities. Chelsea Residences 2 By Damac represents a strong investment opportunity in one of Dubai's growing communities.

About the developer

Damac Properties

Luxury-focused branded residence pioneer - Cavalli, Versace, Trump golf, Just Cavalli villas. Founded by Hussain Sajwani in 2002.

Founded
2002
Projects with us
151
Areas
27
Handover
2025-30

Projects by handover year

9
2025
15
2026
41
2027
25
2028
25
2029
14
2030

About the area

Maritime City

New projects
32
Prices from
AED 820K
Deals a year (DLD)
3,181
AED per sqft in deals
3,186

Price per sqft by year, AED

1,857
2015
2,200
2016
1,725
2022
1,926
2023
2,448
2024
3,019
2025
3,188
2026

Frequently Asked Questions

What is the starting price of Chelsea Residences 2 By Damac?
Chelsea Residences 2 By Damac by Damac Properties offers apartment in Maritime City, Dubai starting from AED 2.2M. Prices vary depending on unit size and floor level. Contact us for the latest availability and pricing.
What is the payment plan for Chelsea Residences 2 By Damac?
Chelsea Residences 2 By Damac offers a flexible off-plan payment plan: 20% down payment, 40% during construction, 40% on handover. This structure allows buyers to spread payments across the construction period, reducing upfront costs.
When is the handover date for Chelsea Residences 2 By Damac?
Chelsea Residences 2 By Damac is scheduled for handover in Q4 2029. Damac Properties is one of Dubai's leading developers with a strong track record of on-time delivery.
What types of units are available at Chelsea Residences 2 By Damac?
Chelsea Residences 2 By Damac features 1-bedroom apartments, 2-bedroom apartments and 3-bedroom apartments in Maritime City, Dubai. Each unit is designed with contemporary finishes and maximises natural light and views.
Where is Chelsea Residences 2 By Damac located in Dubai?
Chelsea Residences 2 By Damac is situated in Maritime City, Dubai. The area offers excellent connectivity to major business districts, retail centres and leisure destinations across the city.
Is Chelsea Residences 2 By Damac available for foreign buyers?
Yes. Chelsea Residences 2 By Damac is a freehold development in Maritime City, Dubai, which means it is open for purchase by non-UAE nationals and foreign investors with 100% ownership rights.
What amenities does Chelsea Residences 2 By Damac offer?
Chelsea Residences 2 By Damac features a full range of lifestyle amenities including Rooftop Football, Leisure and Entertainment, Beach Club, Gymnasium, Shared Spa and more. The development is designed to offer resort-style living within Maritime City, Dubai.
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