1 Bed Apartment for Sale in Chelsea Residences by DAMAC, Dubai Maritime City

Chelsea Residences by DAMAC in Dubai Maritime City, Dubai: a 1-bedroom apartment available off-plan at AED 2,500,000, handover scheduled for Jun 2030.

Inside the project

Branding comes from Chelsea Football Club, which sets it apart from unbranded towers nearby. Location references for Dubai Maritime City include Port Rashid. The community falls under Crownsbridge's Dubai Creek, Al Jaddaf & Port Rashid area on crowns.ae.

Ownership and returns context

Ownership is freehold. Rental income and resale gains on the property are not taxed in the UAE. About 60% of the price is committed before keys, so budget for that outlay ahead of handover. The 2030 handover sets the timeline for any rental income.

The essentials

• Price: AED 2,500,000
• Size: approx. 772 sq ft (about 72 sq m)
• Works out at roughly AED 3,238 per sq ft
• Layout: 1 bedroom, 1 bathroom (indicative)
• Expected handover: Jun 2030
• Payment plan: 60/40
• Developer: DAMAC

Plan and instalments

On the 60/40 structure, roughly AED 1,500,000 (60%) is paid before handover and AED 1,000,000 (40%) on completion in Jun 2030.

Investment notes

Projected capital appreciation in comparable Dubai off-plan segments has often been discussed in the market as around ~15% per annum in strong cycles — past performance is not a guarantee of future results, and returns vary by project, timing, and market conditions. Off-plan units can often be sold or assigned prior to completion for profit, subject to developer and Dubai Land Department (DLD) rules, fees, NOC requirements, and market demand.

Caveats

Confirm the exact floor plan, size and bathroom count before reservation. Developer prices and availability move quickly — we confirm both before you reserve.

Get the details

Ask Crownsbridge (RERA ORN 45080) for the floor plan, SPA draft and current availability for Chelsea Residences by DAMAC.