DAMAC Properties
Shoreline By Damac
Shoreline by Damac, Al Marjan Island, Ras Al Khaimah
From AED 1,830,000
- Payment plan70/30
- HandoverQ3 2028
- Units1–5 BR · Apartments, townhouses
- Home
- Off-plan projects
- Dubai
- Dubai Maritime City
- Chelsea Residences
Off-plan
Golden Visa guidance
Chelsea Residences
Chelsea Residences is an off-plan apartments development by DAMAC Properties in Dubai Maritime City, with homes from AED 2,170,000 on a 60/40 payment plan and handover expected in Q4 2029. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.
Starting from
AED 2,170,000
Overview
Apartments in Dubai Maritime City.
Chelsea Residences by DAMAC is an ultra-luxury waterfront development located in the heart of Dubai Maritime City. This distinctive project comprises six towers across two phases, offering a curated selection of 1- to 3-bedroom residences. Designed with elegant architecture and modern living in mind, Chelsea Residences combines serene coastal surroundings with vibrant urban energy, delivering a lifestyle that is both refined and inspiring.
Each apartment features generous layouts, double-glazed windows, fully equipped kitchens, built-in wardrobes, and refined finishes that enhance everyday comfort. The towers offer a wealth of thoughtfully crafted wellness and leisure amenities, including infinity pools, aerial yoga rooms, kids' underwater-themed play areas, a jogging track, Chelsea Football Simulation Room, outdoor gyms, and the Chelsea Blue Beach Club. The wellness experience is further elevated by rain therapy, cryotherapy, water treatment tunnels, and forest relaxation pods.
Chelsea Residences is not just a home—it’s a lifestyle destination. Strategically positioned near Port Rashid, DIFC, and Downtown Dubai, residents enjoy both breathtaking sea views and good access to key business and entertainment hubs. With a phased, flexible payment plan and amenities inspired by sports and wellness concepts, Chelsea Residences sets a new standard in branded luxury living in Dubai.
Details
Key facts.
- Developer
- DAMAC Properties
- Area
- Dubai Maritime City, Dubai
- City
- Dubai
- Starting price
- AED 2,170,000
- Status
- Off-plan
- Handover
- Q4 2029
- Property types
- Apartment
- Unit types
- 1–3 BR
- Payment plan
- 60/40
- Golden Visa
- Priced from AED 2M
Gallery
Project photos.
Amenities
Life in and around the building.
- Children's Pool
- Shared Gym
- Balcony
- Security
- Children's Play Area
- Covered Parking
- Lobby in Building
- Shared Pool
- View of Landmark
- View of Water
Payment plan
60/40, paid in 3 steps.
60% before handover40% on handover
- 120%Down paymentOn booking
- 240%Construction instalmentsDuring construction
- 340%Handover paymentOn handover
| Milestone | Share | Amount (AED)* |
|---|---|---|
| Down payment | 20% | 434,000 |
| Construction instalments | 40% | 868,000 |
| Handover payment | 40% | 868,000 |
| Total | 100% | 2,170,000 |
*Worked example on the starting price of AED 2,170,000. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).
Floor plans
Unit types & sizes.
| Unit type | Size (sq ft) |
|---|---|
| 1 bedroom | 773 |
| Unit type | Size (sq ft) |
|---|---|
| 2 bedrooms | 1158 |
| Unit type | Size (sq ft) |
|---|---|
| 3 bedrooms | 1652 |
Location
In Dubai Maritime City.
Investment
The numbers, worked out.
- Entry price
- AED 2,170,000
- Paid before handover
- AED 1,302,000 (60%)
- Due on handover
- AED 868,000 (40%)
- DLD registration (4%)
- AED 86,800 verify
- Golden Visa threshold
- From-price is AED 2M or more
Worked from the starting price and the stated payment plan; your unit’s figures come from the sales offer. The 4% DLD figure is DLD’s published sale-registration fee (how it is split is set in the sale agreement). Not financial advice. See the investor guide.
Developer
About DAMAC Properties.
Developer and master developer of DAMAC Lagoons, with DAMAC Islands 2 in Dubailand.
- Projects on Sovereign
- 39
Brochure & floor plans
Get the brochure and floor plans.
Ask our team, or leave your details and we will send the developer’s brochure and floor plans with current availability.
- Project brochure
- Floor plans for every unit type
- Latest prices and payment plan
- Broker (Sovereign Realty) ORN
- 46342
Sovereign Realty’s broker registration. Trade licence 1430699.
FAQ
Questions about this project.
What is the starting amount at Chelsea Residences?
Homes at Chelsea Residences start from AED 2,170,000 for 1-bedroom homes. Availability and figures change with each release, so request the latest availability before you reserve.
What is the payment plan for Chelsea Residences?
DAMAC Properties offers a 60/40 payment plan: 60% during construction and 40% on handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.
When is handover at Chelsea Residences?
Handover is expected in Q4 2029. Completion dates can move, so check the developer's latest construction update before you plan around it.
What fees sit on top of the payment plan at Chelsea Residences?
Budget for the Dubai Land Department registration fee of 4% of the sale value, usually paid at signing, and Sovereign's brokerage fee of 2%. Any developer admin charge is set in the sale and purchase agreement for the unit.
Does Chelsea Residences qualify for the UAE Golden Visa?
A home with a purchase value of AED 2 million or more, held in your name, can support a 10-year Golden Visa. Off-plan units need extra documents, so read our Golden Visa guide first.
Who is the developer of Chelsea Residences?
Chelsea Residences is developed by DAMAC Properties. See the developer page for their other projects in Dubai.
How do I get the floor plans and brochure for Chelsea Residences?
Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for Chelsea Residences.
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this project?
Ask about availability, the payment plan or resale rules.