Chelsea Residences

- AVA00497

Dubai Maritime City, Dubai, United Arab Emirates

Price: AED 2.17MBeds: 1Baths: 1Sq. Ft.: 780/Sq. Ft.: AED 2,807/sq ft
Property image
APARTMENTListed by AvacasaUnder Construction
1 / 12
Street View

Chelsea Residences by DAMAC presents an unparalleled opportunity to reside in luxury, Chelsea Football Club-branded apartments nestled within the prestigious Dubai Maritime City. This waterfront development showcases a unique architectural design inspired by the intricate beauty of coral reefs, offering residents breathtaking terraces with panoramic views of the Arabian Gulf and the iconic Dubai skyline. Beyond the exquisite residences, a resort-like podium awaits, featuring a stunning infinity pool where residents can unwind and soak up the sun, as well as a one-of-a-kind rooftop football pitch for sports enthusiasts.

The prime location of Chelsea Residences ensures convenient access to a wide array of amenities. Families will appreciate the proximity to reputable educational institutions such as Ambassador School (10 km) and Gems Wellington Academy (12 km), while the University of Dubai is a short 25-30 minute commute away. For shopping and cultural experiences, the vibrant Meena Bazaar and Old Souk in Bur Dubai are just a 10-15 minute drive, and the trendy City Walk and Boxpark retail promenades are within a 15-20 minute reach. Healthcare needs are easily met with Aster Hospital Mankhool (8 km) and Rashid Hospital (9 km) nearby.

Commuting is a breeze with Dubai International Airport (DXB) only 20 minutes away by car, and quick access to major highways like Sheikh Zayed Road and Al Khaleej Road. While bus routes are readily available, residents can also take advantage of Dubai Metro connectivity via BurJuman, ADCB, or Max Metro stations in Bur Dubai, approximately a 14-18 minute journey. Chelsea Residences offers a harmonious blend of luxurious living, stunning design, and convenient access to Dubai's finest offerings.

Property Details

Micro-market
Dubai Maritime City
Configuration
1, 2 & 3 BHK
Property Type
Apartment
Built-up Area
780 sq ft
Status
Under Construction

Project Timeline

Key milestones for this project, updated as the developer confirms them.

Project announcement

Booking Started

Construction Started

Expected Completion

Q4 2029

Available Properties

Project variants for under-construction developments — unit types, sizes, starting prices and possession dates.

Inventory Type

VariantSizeStarting PricePossessionCTA
1 BHK780 sq ftAED 2.17MQ4 2029

Property Information

  • Community: Dubai Maritime City, Dubai
  • Project Name: Chelsea Residences

  • Listing Price: AED 2.17 M
  • List Date: Dec 28, 2025
  • Days on Market: 112
  • Listing ID: AVA00497
  • Status: Under Construction

  • Project Area: 16.4 acres

  • Pool: Infinity Pool

Can you own this, and how?

Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.

I am buying as:

Status
  • Permitted, freehold anywhere in Dubai
What you actually hold
  • You hold freehold title registered with the Dubai Land Department. There is no area restriction on where you may own.
Key rules and restrictions
  • GCC nationals are treated on the same footing as UAE nationals for ownership purposes.
  • A company owned wholly by GCC nationals gets the same treatment.
  • Some master communities impose their own transfer conditions through the developer.
Funds and process
  • Pay through UAE banking channels. The transfer completes at a Dubai Land Department trustee office where the title deed is issued on the day.
Taxes
  • The Dubai Land Department transfer fee is 4% of the price, split 2% each in law but paid in full by the buyer in most deals, plus a trustee office fee and a title deed issuance fee. There is no annual property tax and no capital gains tax in the UAE.
Verify before you buy
  • Get a title deed copy and check it against the Dubai REST app.
  • Ask for the developer no-objection certificate confirming service charges are clear.

Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in the UAE before you commit.

Investment Information

  • Capital Appreciation: 8%

Location

Dubai Maritime City, Dubai, United Arab Emirates

  • Airport: Dubai International Airport (DXB) - 14 km
  • Highway: Sheikh Zayed Road - 3 km
  • Railway: BurJuman Metro Station - 6.6 km
  • Hospital: Aster Hospital Mankhool - 8 km
  • Tourist hub: Meena Bazaar - 10-15 min drive

Nearby Attractions

Fine-grained ratings and travel times for popular spots nearby.

RatingAttractionTypeBest Time to VisitDistance
8.8 / 10Meena BazaarShopping DistrictAfternoon6.5 km
Old SoukMarketLate afternoon or early evening7.8 km
City WalkShopping DistrictEvenings (Oct-Apr)15.5 km
8.8 / 10BoxparkRetail PromenadeEvenings11.9 km

Social Infrastructure

Key education, healthcare, and dining amenities near this property.

Education
InstitutionTypeDistanceNotes
Ambassador SchoolSchool10 kmFollows the Council for the Indian School Certificate Examinations (CISCE) curriculum.
Gems Wellington AcademySchool12 kmOffers the British National Curriculum, including A-Level and BTEC Level 3 qualifications.
University of DubaiUniversity23.7 km25-30 minute commute
Hospitals & Vet Clinics
HospitalTypeDistanceNotes
Aster Hospital MankhoolHospital8 kmA 100-bed hospital with various specialties including cardiology, orthopedics, and pediatrics.
Rashid HospitalHospital9 kmA 786-bed government hospital, and is part of the Dubai Health Authority.
Dining & Cafes
RestaurantRatingDistanceNotes
Di Mare Restaurant4.628.5 kmServes authentic Italian food.
Pinzatta - Better Than Pizza4.528.5 kmKnown for its unique take on pizza.
Azzurro Pizzeria3.728.5 kmKnown for Italian cuisine, particularly pasta and pizza.

Investment Calculator

Calculate your EMI, returns and investment potential

₹14,123.823

per month

20 years • 8.5% interest • Fixed rate

6%12%

₹14K

Monthly EMI

Principal & Interest
₹14K
Property Taxes
₹2K
Maintenance
₹10K

Investment Returns

8%

Expected ROI

0%

Rental Yield

Bank Interest Rates

SBI8.40% – 9.65%
HDFC8.60% – 9.50%

Investment Summary

Total Investment₹21.70 L
Down Payment₹5.42 L
Loan Amount₹16.27 L

This calculator is for illustrative purposes only.

Rental Yield Calculator

Calculate potential returns on rental property investments

How much do you want to invest?

₹21.70 L
₹1,000
25%
30%

Net Rental Yield

2.9%

Monthly Income

₹5K

Rental Breakdown

Total Investment₹21.70L
Gross Annual Rental₹0.91L
Management Fee- ₹0.27L
Net Annual Rental₹0.64L
Gross Yield4.2%
Net Yield2.9%
Payback Period34.0 years

This calculator is for illustrative purposes only. Actual returns depend on market conditions, property management, and occupancy.

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