Chelsea Residences – Maritime City Payment Plan & Down Payment
20/40/40 — 20% down payment at launch, 40% during construction, 40% on handover.
Down payment: 20% on booking, about AED 460,000 at the entry price, plus the 4% DLD fee at registration.
| Milestone | % | Entry price (AED 2.3M) |
|---|---|---|
| Down payment at launch | 20% | AED 460,000 |
| During construction | 40% | AED 920,000 |
| On handover | 40% | AED 920,000 |
| DLD transfer fee, on purchase | 4% | AED 92,000 |
| Cash needed before handover | 60% + fee | AED 1,472,000 |
| On handover | 40% | AED 920,000 |
Excludes the AED 1,000 Oqood registration, any developer admin fee and service charges; confirm every figure against your sale agreement. Compare payment plans across every Dubai project →
If the marketed date and the date in your sale agreement differ, the contract governs — get it in writing before you pay.
Chelsea Residences – Maritime City Handover Date & Construction Progress
Handover: December 2029. Chelsea Residences – Maritime City is not in the part of the DLD register we track (projects registered or due in 2026), so we cannot show its % built here.
Check the escrow account and construction progress on the DLD register or the Dubai REST app before you pay — here is how to read an escrow account, and what it does not protect →
Property Overview
Chelsea Residences – Maritime City unit types & floor plans
| Unit | Size |
|---|---|
| 1 Bed Apartment | 811 sq ft |
| 2 Bed Apartment | 1,401 sq ft |
| 3 Bed Apartment | 2,132 sq ft |
Floor plans: not published in a form we can verify — ask the developer for the plan of your exact unit and floor before you commit.
Chelsea Residences – Maritime City Location & Master Plan
Future Infrastructure Confidence
Dubai Maritime City benefits from ongoing waterfront redevelopment, proximity to Port Rashid, and road connectivity improvements linking the district to central Dubai.
Nearby Transport
Amenities & Facilities
Is Chelsea Residences – Maritime City a good investment? Our view
Chelsea Residences introduces new apartment inventory to Dubai Maritime City, supported by coastal zoning and DAMAC’s development pipeline.
Who it suits
Chelsea Residences suits buyers seeking waterfront apartments with brand-led positioning rather than family-scale master communities.
For investors
From an investor perspective, the project’s value is driven by waterfront scarcity and brand recognition, with exits tied to market sentiment rather than community absorption.
If you will live there
For end users, the project offers sea-facing apartment living within a niche coastal district close to central Dubai.
How Dubai Maritime City compares
Thinking about Chelsea Residences – Maritime City? See how its area stacks up on recorded prices, unit mix and delivery.
FAQs
What is the starting price?
Apartments at Chelsea Residences start from approximately AED 2.3 million.
What is the payment plan for Chelsea Residences – Maritime City?
The structure is 20% down payment at launch; 40% during construction; 40% on handover. Note that 40% falls due at handover, which is a substantial lump sum — plan that capital well in advance rather than assuming finance will be available.
When is the expected handover?
The project is scheduled for completion in December 2029.
Is Chelsea Residences freehold?
Yes, the project offers freehold ownership.
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Data & accuracy: Figures on this page are compiled from Dubai Land Department open data, developer materials and market sources, and can change without notice. Prices, payment plans, handover dates and availability must be verified directly with the developer or a RERA-licensed broker before you commit to anything. Nothing here is financial advice or an offer to sell. Spotted something wrong? Tell us and we'll correct it. Last updated 13 Oct 2026.