Chelsea Residences 2
by DAMAC Properties · Dubai Maritime City
Chelsea FC-branded seafront homes priced within 0.6% of the community median - brand without the premium.
Price From
AED 2.51M
Handover
Q4 2029
31 Dec 2029 · ~41 months away
Listed Inventory
58
units live in the catalog
Unit Types
1 BR · 2 BR · 3 BR
Prices by Unit Type
Lowest listed price per unit type in Chelsea Residences 2, from live developer-catalog inventory as of 2 Jul 2026.
| Unit type | From | From AED/sqft |
|---|---|---|
| 1 BR | AED 2,513,000 | AED 3,086 |
| 2 BR | AED 5,016,000 | AED 3,017 |
| 3 BR | AED 6,098,000 | AED 2,980 |
full listed inventory analysed (58 units)
Payment Plan
5% booking (+AED 1,000 Oqood) + 10%, then 45% during construction at ~1% monthly with 5% milestones, 40% on handover. 100% before handover, no post-handover tail.
15%
Down payment
45%
During construction
40%
On handover
Handover Timeline
Step 1
Launch
Booking + SPA, first payment due
Step 2
Construction
45% payable in construction-linked instalments
Step 3
Handover
31 Dec 2029
~41 months from now · 40% due
Handover dates are the developer's announced targets and can move — plan your cashflow with a buffer.
Why Chelsea Residences 2
- Chelsea FC-branded seafront residences in Dubai Maritime City
- Priced almost exactly at the community: subject median AED 3,154/sqft vs Dubai Maritime City resale median AED 3,135/sqft (+0.6%, 1,655 DLD transactions) - branded product without a branded premium
- 1% monthly construction-phase payments after a 15% start
- 58 live listed units from AED 2.51M (1BR) - real selectable inventory, not waitlist
Chelsea Residences 2 vs Dubai Maritime City Resale
How this project's pricing sits against actual transacted resale in the same community — Dubai Land Department data, not asking prices.
Dubai Maritime City resale median
AED 3,135/sqft
1,655 DLD transactions
Chelsea Residences 2 median
AED 3,154/sqft
Premium vs resale
+0.6%
Subject prices roughly in line with Dubai Maritime City resale (0.6% gap, n=1655).
DLD comps as of 2 Jul 2026
The Developer
DAMAC Properties
108
Active projects
32
Delivered projects
19
Districts active in
AED 3.03M
Avg portfolio entry
DAMAC Properties has 108 active projects and 32 delivered projects across 19 districts. Average entry price across the active portfolio is AED 3,029,829.
Chelsea Residences 2 — Buyer FAQs
What is the starting price of Chelsea Residences 2?
Chelsea Residences 2 by DAMAC Properties starts from AED 2,513,000 (1 BR from AED 2,513,000, 2 BR from AED 5,016,000, 3 BR from AED 6,098,000). Prices are from the developer catalog as of 2026-07-02 and can change between releases.
When does Chelsea Residences 2 hand over?
The announced handover for Chelsea Residences 2 is 31 Dec 2029 (Q4 2029). Off-plan handover dates can shift, so treat this as the developer's current target rather than a guarantee.
What is the payment plan for Chelsea Residences 2?
5% booking (+AED 1,000 Oqood) + 10%, then 45% during construction at ~1% monthly with 5% milestones, 40% on handover. 100% before handover, no post-handover tail. The full price is payable before or at handover — there is no post-handover tail.
How does Chelsea Residences 2 pricing compare to Dubai Maritime City resale?
Transacted resale in Dubai Maritime City has a median of AED 3,135/sqft across 1,655 DLD transactions. The project's listed inventory has a median of AED 3,154/sqft — 0.6% above resale.
Who is the developer behind Chelsea Residences 2?
Chelsea Residences 2 is developed by DAMAC Properties. DAMAC Properties has 108 active projects and 32 delivered projects across 19 districts. Average entry price across the active portfolio is AED 3,029,829.
Interested in Chelsea Residences 2?
Book a call with our off-plan specialist — current availability, the full payment schedule, and an honest view on whether this project fits your brief.
We work across multiple developers, so you get a comparison, not a sales pitch.
Data as of 2026-07-02— developer catalog + Dubai Land Department transaction records, refreshed monthly. Prices, plans and handover dates are the developer's announced figures and can change between releases.