Chelsea Residences 2 by Damac at Maritime City

Payment Plan

The 50/50 payment plan at Chelsea Residences Phase 2 is structured across 3 stages whose distribution creates a balanced and accessible financial commitment appropriate to an under-construction premium apartment investment at the AED 2.32 million and above price level.

20% is due on the booking date, which at the AED 2.32 million starting price means the initial capital required to secure a Chelsea Residences Phase 2 1 bedroom apartment is AED 464,000. 30% is paid during construction via easy instalments, distributed across the development timeline to December 2029 possession in a payment cadence that tracks the project’s physical progress, giving buyers the confidence of a payment schedule whose alignment with real construction milestones is backed by the visible and confirmable evidence of an under-construction site. 50% is due at handover at 100% completion in December 2029, concentrating the majority of the purchase price at the exact moment the Chelsea Residences Phase 2 apartment is fully completed and ready to deliver value, whether through immediate owner-occupation in 1 of Dubai’s most maritime and most culturally distinctive waterfront addresses or through the commencement of premium rental income from a tenant community whose preference for a Damac Properties Chelsea branded apartment at Dubai Maritime City reflects the premium quality the name and the setting together promise.