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Damac Properties · Maritime City

Chelsea Residences 2 By Damac

Hot Handover Q4 2029Plan 20/40/40
Brochure
Starting price
AED 2.16M
From 1BR
Price / sqft
1,059
AED, derived from PropertyFinder unit data
Rental yield
7%
gross p.a., Dubai avg
Capital appreciation
+15%
to handover (3.7y)
Popularity
88/100
demand index

About this project

Chelsea Residences 2 by Damac is a three-tower waterfront development in Dubai Maritime City, offering 1 to 3-bedroom apartments with completion scheduled for December 2029. Starting prices begin at AED 2,160,000. The project combines coastal views with modern layouts and Chelsea FC-inspired design elements throughout the interiors and common spaces.

Location and Connectivity

Situated in Dubai Maritime City, the development offers direct access to Downtown Dubai and Dubai Creek Harbour. Dubai International Airport is 15 minutes away, while the Burj Khalifa can be reached in 20 minutes. Sheikh Zayed Road and the Dubai Metro are nearby, providing quick connections to DIFC, Business Bay, and other commercial districts.

Design and Interiors

Each tower features linear contours and full-height glazing that frames views of the sea and skyline. Units include 3.4-meter floor-to-ceiling windows, polished stone finishes, warm wood accents, and brushed metal details. Layouts are designed around natural light and practical family living.

Amenities

The Chelsea Athletic Training Centre includes cryotherapy chambers, halotherapy lounges, aerial yoga studios, and a pitch-side aqua gym. Recreational facilities include the Stamford Summit rooftop football pitch, The Dome adventure playground, and aquatic exploration zones for children. Wellness options feature the Blue Beach Club, forest pods, meditation paths, and sensorial art installations. Additional amenities include swimming pools, landscaped gardens, shaded play areas, 24-hour security, and concierge services.

Investment Profile

The development offers flexible payment plans—20% on booking, 40% during construction, and 40% on handover. The freehold structure allows full ownership for UAE nationals and international buyers. Limited waterfront inventory and strong connectivity support rental demand and long-term capital appreciation potential.

Rooftop Football
Leisure and Entertainment
Beach Club
Gymnasium
Shared Spa
Children's Pool
View of Water
Dining in building
Lobby in Building
Cryotherapy Chambers
Halotherapy Lounges
Aerial Yoga Studios
Pitch-Side Aqua Gym
Stamford Summit Rooftop Football Pitch
Victory Beacon Light Installation
The Dome Adventure Playground

Project facts

Ownership
Freehold
Government fee
4%
Property types
Apartment
Buildings
3
Expected completion
31 Dec 2029

Project timeline

  1. Expected Booking Date
    29 Sept 2025 · completed
  2. Construction Started
    30 Sept 2025 · completed
  3. Expected Completion
    31 Dec 2029

Construction progressestimate

ExcavationStructureFaçadeMEPHandover

~25% — estimated from construction phase.

Frequently asked questions

Is Chelsea Residences 2 a good investment?
Chelsea Residences 2 offers investment appeal due to its waterfront location in Dubai Maritime City, connectivity to Downtown Dubai and Dubai International Airport, and limited supply of coastal inventory. The development includes 1 to 3-bedroom apartments with sea and skyline views, 3.4-meter floor-to-ceiling windows, and Chelsea FC-inspired interiors. Amenities such as cryotherapy chambers, halotherapy lounges, aerial yoga studios, a rooftop football pitch, pitch-side aqua gym, The Dome kids' play area, Blue Beach Club, and forest pods support both rental demand and lifestyle appeal. The combination of freehold ownership, flexible payment plans, and strategic location positions the project for potential capital appreciation.
Where is Chelsea Residences 2 located?
Chelsea Residences 2 is located in Dubai Maritime City, with direct access to Downtown Dubai, Dubai Creek Harbour, and surrounding commercial and leisure districts.
Who is developing Chelsea Residences 2?
Chelsea Residences 2 is developed by Damac Properties, a Dubai-based developer known for residential projects with distinctive design and luxury standards.
When will Chelsea Residences 2 be completed?
Chelsea Residences 2 is scheduled for completion on December 31, 2029, marking the official handover of units to buyers.
Is Chelsea Residences 2 freehold or leasehold?
Chelsea Residences 2 is freehold, allowing full ownership rights for UAE nationals and international investors.
What is the payment plan for Chelsea Residences 2?
The payment plan requires 20% on booking, 40% during construction in monthly installments over 40 months, and 40% on handover.
What is the starting price for Chelsea Residences 2?
The starting price for Chelsea Residences 2 is AED 2,160,000.
What unit types are available at Chelsea Residences 2?
Chelsea Residences 2 offers 1-bedroom apartments (780 sqft, AED 2,160,000), 2-bedroom apartments (1,300 sqft, AED 3,100,000), and 3-bedroom apartments (2,040 sqft, AED 4,770,000).