Dubai property between 2 and 3 million AED: published prices and what a 20% plan looks like
Two projects in the Orven selection publish a starting price between AED 2 and 3 million, Fior 1 and Chelsea Residences' one-bedroom homes, and both clear the AED 2 million Golden Visa threshold on their own.

Two projects in the Orven selection currently publish a developer starting price between AED 2 million and AED 3 million: Fior 1 at AED 2.2 million and Chelsea Residences' one-bedroom homes at AED 2.17 million. Both individually clear the AED 2 million mark that opens the door to a Golden Visa application, under conditions to confirm with the authorities. Only Chelsea's payment plan is published in detail; Fior 1's is on request.
What is published in this band
| Project | District | Typology | Starting price (AED) | ≈ USD |
|---|---|---|---|---|
| Fior 1 | Rashid Yachts & Marina | 1 to 3 bed apartments | From AED 2.2 million* | ≈ 599,000 |
| Chelsea Residences | Dubai Maritime City | 1 bedroom | AED 2.17 million** | ≈ 590,900 |
\ Developer-advertised starting price; current units and prices require confirmation. \\* DAMAC brochure figure supplied by Orven, subject to availability.
Fior 1 sits inside Emaar's Rashid Yachts & Marina, with a marina-view infinity pool and a promenade running through the community. Chelsea Residences is DAMAC's branded collection in Dubai Maritime City, with a two-, and three-bedroom range priced above this one-bedroom entry point.
Clearing the Golden Visa threshold
Both starting prices in this band sit above the AED 2 million threshold that opens the door to a Golden Visa application, under conditions to be confirmed with the authorities. See our guide on the Golden Visa property threshold for how that application generally works. Buying a unit at AED 2.17 million or AED 2.2 million does not guarantee approval; the standard conditions still apply.
Chelsea's published 60/40 plan, costed on AED 2.17 million
Chelsea Residences publishes a schedule of 20% at reservation, then 40 monthly instalments of 1% each from month 3 to month 42, followed by 40% at handover, plus the 4% DLD fee on top of the deposit. On the AED 2.17 million one-bedroom starting price, that works out as follows.
| Stage | Share | Amount (AED) | ≈ USD |
|---|---|---|---|
| Reservation | 20% | 434,000 | ≈ 118,200 |
| Monthly instalments (months 3-42) | 40% total, 1% per month | ≈ 21,700 per month | ≈ 5,900 per month |
| Handover | 40% | 868,000 | ≈ 236,400 |
| DLD fee (on top) | 4% | 86,800 | ≈ 23,600 |
Handover is scheduled for December 2029 (brochure figure, verified 17 September 2026). Fior 1's payment plan has not been published on Emaar's official page, so your adviser confirms the exact schedule before you reserve.
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Converting to US dollars, not euros
The dirham is pegged at a fixed 1 USD = 3.6725 AED, so AED 2.2 million converts to a stable figure of about 599,000 USD, and AED 2.17 million to about 590,900 USD. The euro-dollar rate is not fixed and moves daily; Orven never publishes a set euro conversion. If your budget is in euros, take today's rate from your bank and apply it to the USD figures above.
What is still on request in this range
Several other projects in the selection could land between AED 2 and 3 million once a price is published, but none has released one yet: Coastal Haven, Luxury Canal Residences, Hilton Residences, Sanctuary Residences and Golf Residences among them. Chelsea's own two-bedroom homes, published at AED 3.13 million, sit just above this band; see our guide on Dubai property prices in 2026 for how the wider market is currently priced, or ask your adviser directly.
How the money is actually held
Every instalment on an off-plan purchase, whether it is Chelsea's monthly 1% payments or a deposit on Fior 1, goes into an escrow account controlled by the Dubai Land Department rather than directly to the developer. Progress can be checked through the DLD's own Project Status Enquiry service. See our guide on how an escrow account works in Dubai for what that protection actually covers, and what is Oqood for how the off-plan registration itself is recorded before title deed transfer.
Getting today's figures
Message Orven on WhatsApp at +971 52 776 1939 or by email at sales@orvenproperties.com with the budget you are working with. Your adviser confirms the units available in this range today, the current price, and, for Chelsea, the exact instalment dates, with no obligation to proceed. Brokerage is provided through ORVEN REAL ESTATE BROKERAGE L.L.C S.P.C (Economic License No. CN-6800129, ADRA).
FAQ
Does a property between AED 2 and 3 million qualify for the Golden Visa? Both published prices in this band, AED 2.17 million and AED 2.2 million, clear the AED 2 million threshold on their own, subject to conditions confirmed with the authorities.
What does Chelsea's 20% down payment actually cover? On the AED 2.17 million one-bedroom price, 20% at reservation is AED 434,000, followed by 40 monthly instalments of about AED 21,700 and a 40% payment of AED 868,000 at handover.
Is Fior 1's payment plan the same as Chelsea's? No. Fior 1's schedule is not published on Emaar's official page; your adviser confirms it before you reserve.
How much is AED 2.2 million in US dollars? At the fixed rate of 1 USD = 3.6725 AED, AED 2.2 million is about 599,000 USD.
Are there other projects that might fall in this price band? Possibly, but their starting prices are not yet published. Your adviser requests the current figure for any project you are considering.
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Fior 1
Rashid Yachts & Marina · 1–3 bedroom apartments
Payment schedule on request
Read the guide →Frequently asked questions
Does a property between AED 2 and 3 million qualify for the Golden Visa?
Both published prices in this band, AED 2.17 million and AED 2.2 million, clear the AED 2 million threshold on their own, subject to conditions confirmed with the authorities.
What does Chelsea's 20% down payment actually cover?
On the AED 2.17 million one-bedroom price, 20% at reservation is AED 434,000, followed by 40 monthly instalments of about AED 21,700 and a 40% payment of AED 868,000 at handover.
Is Fior 1's payment plan the same as Chelsea's?
No. Fior 1's schedule is not published on Emaar's official page; your adviser confirms it before you reserve.
How much is AED 2.2 million in US dollars?
At the fixed rate of 1 USD = 3.6725 AED, AED 2.2 million is about 599,000 USD.
Are there other projects that might fall in this price band?
Possibly, but their starting prices are not yet published. Your adviser requests the current figure for any project you are considering.
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