Chelsea Residences 2 — project image
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Chelsea Residences 2

From AED 2.51M·Handover Dec 2029·15% down payment Payment
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AED 2.51M
Starting Price
Dec 2029
Handover
15% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Chelsea Residences 2 is the second phase of a premium residential project by Damac, located in the prestigious Dubai Maritime City. The development features three towers with a ground floor, two parking levels, and between 30 and 33 residential floors. The collection offers 1-, 2-, and 3-bedroom apartments designed with a focus on modern comfort and style. The architecture draws inspiration from the Chelsea Football Club, blending refined London aesthetics with Dubai’s resort-like energy. The facades feature flowing lines and contemporary glasswork that highlight the project’s coastal character. Interiors follow a biophilic concept, combining light color palettes with natural materials. Panoramic windows provide up to 270-degree views and fill each space with natural light, enhancing the sense of openness and tranquility. Residents enjoy access to an infinity pool, state-of-the-art gyms, a cinema, football simulator, spa center, podium with relaxation and meditation zones, pools for both adults and children, restaurants, cafés with healthy menus, and Chelsea Lion Beach with a coral reef. The project is just 23 minutes from Dubai International Airport, 22 minutes from Burj Khalifa and The Dubai Mall, 14 minutes from J1 Beach, and 15 minutes from City Walk.

Project Specifications
DeveloperDamac Properties
LocationDubai Maritime City
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaDubai Maritime City
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 108,436 / year
Cash-on-Cash
2.2%
Levered cashflow AED 25,507
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.16M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

15% down payment

Published payment summary

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Amenities & Lifestyle

Children’s pool
Cinema
Dining outlets (coffee houses & restaurants)
Infinity pool
Jogging tracks
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lobby
Meditation zone
Open air gym
Private beach access
Recreational areas
SPA
Shared gym & fitness
Social zone
Yoga studio

Location

Chelsea Residences 2 location map
Project location

Nearby Destinations

Dubai Maritime City

Developer and Project Facts

01

Chelsea Residences 2 by Damac Properties

02

Located in Dubai Maritime City

03

Starting from AED 2,513,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Dec 2029

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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