Apartment by DAMAC “Chelsea Residences 1”
AED 4,167,000
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Vector icon 2 Beds Vector icon 2 Baths Vector icon 1604 sqft

Maritime City

Daria
Daria Property broker

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Chelsea Residences 1 2BR Apartment in Dubai Maritime City — High-Demand Rental Location

Two-bedroom apartment, 149 sq m, Chelsea Residences 1 — waterfront living with the city centre and airport within 25 minutes

Dubai Maritime City is one of the few addresses in Dubai where a genuine seafront setting meets real urban connectivity. This 149 sq m (1,604 sq ft) two-bedroom apartment in Chelsea Residences 1 by Damac suits both investors looking for a well-located buy-to-let asset and families planning a move to Dubai. The area sees consistent rental demand, and with completion set for 2029, buying at this stage means locking in an early price with a manageable payment plan.

What this apartment offers — 149 sq m of considered space:
— two full-size bedrooms, each with a dedicated private zone;
— a generous open-plan living and dining area with clear zoning potential;
— 149 sq m gives enough room for a home workspace without compromising on living comfort;
— a high-floor position in one of three towers rising up to 30 residential storeys;
— two dedicated parking levels integrated into the building structure.

Chelsea Residences 1 amenities

— infinity pool overlooking the water;
— separate adult and children’s pools;
— fully equipped gyms;
— spa centre;
— private cinema;
— football simulator;
— podium with relaxation and meditation areas;
— restaurants and a café with a wellness-focused menu;
— Chelsea Lion Beach with a coral reef.

Architecture and concept

Chelsea Residences 1 is the opening phase of Damac’s larger development in Dubai Maritime City. Three towers — 25, 28 and 30 residential storeys respectively — share a self-contained infrastructure that reaches full beach resort standard. The project brings together seafront privacy and city-wide mobility in a combination that remains uncommon even at this price point in Dubai.

About the developer

Damac Properties is one of the UAE’s largest developers, with a broad portfolio of completed projects across Dubai and internationally. The company is known for premium residential complexes with extensive in-house amenities.

Payment plan

A 60/40 instalment scheme applies:
— 20% — initial payment on booking;
— 40% — during construction;
— 40% — on handover.
Completion: 2029.

Location — Dubai Maritime City

— 14 minutes to J1 Beach;
— 15 minutes to City Walk;
— 22 minutes to Burj Khalifa and The Dubai Mall;
— 23 minutes to Dubai International Airport;
— 25–30 minutes to Dubai Marina.

Frequently asked questions

Why is Dubai Maritime City worth considering as a location?
— The district is developing into a waterfront residential hub close to Dubai’s historic core. Its proximity to the airport, business districts and key retail destinations makes it equally suited to long-term residents and tenants.

How convenient is the connection to the airport?
— Dubai International Airport is roughly 23 minutes away by car — one of the strongest results among Dubai’s seafront neighbourhoods.

Is a 149 sq m two-bedroom apartment a good fit for families?
— Very much so. The layout provides two properly separated bedrooms, while the project’s family amenities — children’s pools, play areas, and open podium spaces — support comfortable everyday life with kids.

What exactly is Chelsea Lion Beach with a coral reef?
— It’s a dedicated private beach, exclusive to Chelsea Residences 1 residents, with an installed coral reef — an amenity that stands out even by Dubai’s standards.

Can I get a floor plan and a rental yield estimate for this apartment?
— Yes. Current floor plans, a rental projection and a full financial breakdown are available on request.

Enquire via the form on this page to receive the latest pricing, floor plans and yield analysis for the two-bedroom apartment, 149 sq m, in Chelsea Residences 1.

Payment plan

On booking
20% + 4% DLD + 1000 AED Oqood fee
From 3 to 32 months after booking
30% (1% per month)
On completion
50%

Property information

Handover Date

Q4 2029

Property Type

Apartment

Ownership Type

Freehold

Building Information

Building name

DAMAC “Chelsea Residences 1”

DAMAC Properties
DAMAC Properties View developer

Location

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