Chelsea Residences by DAMAC, Dubai Maritime City: the branded waterfront guide

What Chelsea Residences is

Chelsea Residences by DAMAC is a branded waterfront apartment development in Dubai Maritime City, sold off-plan. The collection pairs sea-facing homes with concierge, fitness and sporting amenities carrying the Chelsea name. The homes run from one to three bedrooms, which places the project in the apartment segment rather than the villa or penthouse segment.

Two things define the offer. First, the setting: Dubai Maritime City is a waterfront district, and the residences are published as sea-facing. Second, the brand: the amenities are built around a sporting identity, from the concierge to the training centre, which is unusual among branded residences in Dubai, where the reference is more often a hotel or a fashion house.

This guide does not display a visual of the project. Floor plans, renderings and the current brochure are sent on request by your adviser. When you receive them, keep in mind that they are the developer's computer-generated images, not photographs of the site.

Published amenities

The developer lists the following amenities for Chelsea Residences:

• Chelsea-branded concierge
• Blue-sand beach
• Athlete Performance Training Centre
• Football simulation room
• Outdoor gym
• Jogging track

The list is oriented towards an active resident or guest: a training centre and a simulation room on one side, a beach and a jogging track on the other. Anything not on this list, including pool sizes, spa facilities or retail, is confirmed by your adviser from the sales documents, not assumed.

The district: Dubai Maritime City

Dubai Maritime City is a waterfront district built on reclaimed land, between the old port area and the sea. It is one of the addresses where Orven's selection is concentrated: Hilton Residences by Prestige One is also located there, so a buyer comparing two branded projects in the same district can do so with our team without changing area.

The developer does not publish travel times for Chelsea Residences, and we do not borrow them from other projects. What can be said is qualitative: a sea-facing address, a district still being built out, and a position on the city side of Dubai rather than in the southern communities. For a fuller description of the district and the two projects there, read our guide to Dubai Maritime City. The current selection of units is on the Chelsea Residences project page.

Price and payment plan

No starting price is printed here because the project is released tower by tower, and each release is priced by the developer at the time it opens. Ask for the latest tower release, unit availability and payment terms; your adviser sends the price list of the day and the exact schedule for the units you are considering. Never pay a booking amount on a schedule you have not seen in writing.

Whatever the plan, every off-plan payment goes to an escrow account opened for the project with a UAE bank and controlled by the Dubai Land Department. The developer draws on it as construction milestones are certified, and you can check the project's status through the DLD's Project Status Enquiry service.

On top of the price, budget the acquisition costs: the DLD registration fee of 4% of the price, the Oqood registration for an off-plan sale (a fixed fee, confirmed in the contract) and the developer's administrative charges. Bank financing for part of the price is possible for some non-residents, always subject to the lender's approval. Treat it as an option, never as acquired, until the bank confirms in writing.

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Which investor Chelsea Residences suits

The project makes most sense for three profiles.

A buyer in London or Toronto who follows football and wants a Dubai address with a recognisable identity, for personal use during the winter months and possible short lets the rest of the year. The brand is the reason to choose this project over an unbranded tower nearby.

An investor in Lagos or Nairobi who wants a branded apartment in a waterfront district but whose budget is set at the one- or two-bedroom level. Chelsea Residences stops at three bedrooms, so it does not push the buyer towards larger, more expensive typologies.

A family looking at a three-bedroom sea-facing home in a district where they can compare two branded projects side by side.

Two cautions. Any rental figure you see elsewhere is an illustration, not a promise: the rental market at handover is what counts. And the UAE does not tax rental income or capital gains for individuals, but your country of residence may. Check with your own adviser.

Reserving from abroad with Orven

You do not need to come to Dubai. The steps are the same from any city:

1. Message +971 52 776 1939 on WhatsApp, or write to sales@orvenproperties.com, with your budget and the number of bedrooms you want.
2. We send the latest tower release, the available units, the floor plans and the exact payment terms for two or three matching options.
3. You sign the booking form and the sales agreement electronically, with a copy of your passport.
4. The booking amount goes by bank transfer to the project's escrow account, with the proof of source of funds your bank requires.
5. The developer registers the sale with the DLD, and we follow the construction milestones with you until the title deed is issued.

Orven does not charge the buyer; our fee comes from the developer. Brokerage is carried out through ORVEN REAL ESTATE BROKERAGE L.L.C S.P.C (Economic License No. CN-6800129, ADRA).

FAQ

What is the starting price at Chelsea Residences by DAMAC? On request. The project is released tower by tower and each release is priced separately. Send your budget to Orven and we reply with the units that match it, at their current price.

What is the payment plan? On request. Your adviser confirms the schedule from the sales documents in force for the unit you choose. Ask for it in writing before paying the booking amount.

Which typologies are available? One-, two- and three-bedroom apartments. Availability by typology depends on the tower currently released.

Can I finance part of the price with a UAE bank? Some non-residents are eligible, subject to the lender's approval and valuation. Financing is possible, not guaranteed, until the bank confirms.

Are there photos of the building? The visuals available are the developer's renderings, not site photographs. Your adviser sends the brochure and floor plans on request.