What is the price of Chelsea Residences 2 By Damac?

Chelsea Residences 2 By Damac is priced from AED 2.16M in Maritime City, Dubai.

What is the payment plan for Chelsea Residences 2 By Damac?

Chelsea Residences 2 By Damac offers a 20/40/40 payment plan with handover expected Q4 2029.

What rental yield does Chelsea Residences 2 By Damac offer?

Projected gross rental yield for Chelsea Residences 2 By Damac is 5.3 to 7.4% annually.

When is Chelsea Residences 2 By Damac handover?

Chelsea Residences 2 By Damac is scheduled for handover in Q4 2029 in Maritime City, Dubai.

Can foreigners buy Chelsea Residences 2 By Damac?

Yes. Dubai freehold zones allow any nationality to purchase off-plan property with full ownership rights and no property tax.

Dubai Coastal Growth · Dubai

Chelsea Residences 2 By Damac in Maritime City

Chelsea Residences 2 By Damac Maritime City render

Launch Price

AED 2.16M

Property Type

Apartment

Bedrooms

1 - 3 Beds

Payment Plan

20/40/40

Handover

Q4 2029

Projected Yield

5.3 to 7.4%

With 1 - 3 beds layouts and a starting price of AED 2.16M, Chelsea Residences 2 By Damac enters the Maritime City off-plan market. The payment plan is 20/40/40: 20% secures the unit, 40% is paid during construction, and 40% falls due at handover in Q4 2029. Coastal regeneration in this Dubai corridor has lifted rental values, with projected gross yields running 5.3 to 7.4%. MonthlyDubai can match you with Chelsea Residences 2 By Damac and similar projects across Dubai based on your monthly instalment. Free, no agency fees.

Payment Plan Breakdown

Minimum monthly instalment during construction: AED 19,200. No mortgage or bank approval required.

Phase	%	Amount
On Booking	20%	AED 432,000 Due on signing SPA
During Construction	40%	AED 19,200/mo 45 months
On Handover	40%	AED 864,000 Due at Q4 2029
Total	100%	AED 2,160,000

Questions about Chelsea Residences 2 By Damac

What payment plan does Chelsea Residences 2 By Damac offer?+

Chelsea Residences 2 By Damac uses a 20/40/40 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q4 2029.

Can I buy this project without a mortgage?+

Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.

Is this project registered with RERA?+

MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.

How do I find out if this fits my monthly budget?+

Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Chelsea Residences 2 By Damac fits your budget and send you comparable alternatives.

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