Below market value, Distress Property

Chelsea Residences Tower B | 3BR | Dubai Maritime City | AED 4,650,000 — 13.4% Below OP

Ref: CR-44981

Damac Properties

Dubai Maritime City, United Arab Emirates

Bedrooms

3

Down Payment

On Request

Handover Date

31 December 2029
aed 4,650,000
Request_call
Description

Chelsea Residences Tower B | 3 Bedrooms | Dubai Maritime City — 13.4% Below Original Price

Exclusive distress deal in Dubai Maritime City. This 3-bedroom corner apartment in Chelsea Residences Tower B by DAMAC Properties is priced at AED 4,650,000 — representing a AED 721,000 discount (13.4%) below the original price of AED 5,371,000 + 4% DLD fees.

Property Details

  • Unit: 3 Bedrooms + Big Balcony
  • Size: 2,050 Sq Ft
  • Floor: 7th Floor (Corner Unit)
  • View: Full Sea View
  • Location: Chelsea Residences Tower B, Dubai Maritime City
  • Developer: DAMAC Properties
  • Handover: 31 December 2029
  • Asking Price: AED 4,650,000
  • Original Price: AED 5,371,000 + 4% DLD
  • Discount: AED 721,000 (13.4% below OP+DLD)

Why Dubai Maritime City?

Dubai Maritime City is one of Dubai’s most coveted waterfront addresses — a master-planned community perched on the Arabian Gulf coast, offering residents the perfect blend of urban convenience and coastal luxury. Positioned between Dubai Marina and the Palm Jumeirah, Maritime City provides seamless access to the city’s key destinations while maintaining a serene, exclusive atmosphere.

From Chelsea Residences Tower B, you are minutes away from:

  • Dubai Marina & Marina Walk — 5 minutes
  • JBR — The Walk & Beach — 8 minutes
  • Jumeirah Beach — 10 minutes
  • Dubai International Airport — 25 minutes
  • Dubai International Financial Centre (DIFC) — 15 minutes
  • Downtown Dubai — 20 minutes

Corner Unit — Full Sea View

This 7th-floor corner unit is the most desirable position in the building. Corner units in Chelsea Residences Tower B offer panoramic sea views from multiple angles, maximum natural light, and enhanced privacy. The big balcony extends your living space outdoors — perfect for entertaining or unwinding against the backdrop of the Arabian Gulf.

Sea-facing apartments in Maritime City command a premium in both rental yield and resale value. This unit’s corner position and high floor amplify that premium, making it one of the most attractive inventory options in the cluster today.

DAMAC Properties — A Trusted Developer

DAMAC Properties is one of the largest and most successful real estate developers in the Middle East, with a portfolio that includes signature projects such as DAMAC Lakes, AKOYA, and the DAMAC Golf Club. Every DAMAC development is known for high-quality specifications, premium finishes, and thoughtful master-planning.

Chelsea Residences continues this tradition — offering contemporary architecture, generous ceiling heights, premium flooring, and thoughtfully designed layouts that maximize space and natural light.

Investment Highlights

  • 13.4% below original price — AED 721,000 discount including 4% DLD fees
  • Full sea view from 7th-floor corner position
  • Dubai Maritime City — established, high-demand rental location
  • DAMAC Properties — proven developer with strong track record
  • Big balcony — adds significant outdoor living space
  • Handover December 2029 — ample time for payment plan structuring
  • Off-plan pricing — historically best entry point for Dubai Marina area properties
  • Strong rental market — Maritime City apartments achieve consistent rental yields

Chelsea Residences Amenities

Residents of Chelsea Residences enjoy a comprehensive suite of world-class amenities:

  • Swimming pool with sea view
  • Fully equipped gymnasium
  • 24-hour security & CCTV monitoring
  • Covered parking
  • Large balcony — sea facing
  • Beach access
  • Landscaped gardens & recreational areas
  • Kids play area
  • Concierge services

Payment Plan & Financing

With handover scheduled for 31 December 2029, off-plan purchasers benefit from a structured payment plan typically offered by DAMAC Properties. Contact our team for the latest payment plan breakdown and financing options available through UAE-based banks.

Frequently Asked Questions

What is the asking price for this 3BR at Chelsea Residences Tower B?

The asking price is AED 4,650,000 — significantly below the original price of AED 5,371,000 + 4% DLD, representing a discount of AED 721,000 or 13.4%.

Is the 3-bedroom unit a corner position with sea view?

Yes — the unit is a 7th-floor corner apartment with a full sea view and a large balcony. Corner units are the most premium positions in the building.

When is handover for Chelsea Residences Tower B?

Handover is scheduled for 31 December 2029, providing an off-plan entry price opportunity with a structured payment plan.

Who is the developer of Chelsea Residences?

Chelsea Residences is developed by DAMAC Properties, one of the largest and most established developers in the Middle East with a portfolio of over 45,000 units across the UAE.

What is the size of the 3-bedroom apartment?

The apartment size is 2,050 square feet (approximately 190 square metres) with a large balcony as an additional outdoor living space.

Is financing available for this property?

Yes, most UAE banks offer mortgage financing for off-plan properties from reputable developers like DAMAC. Our team can connect you with preferred banking partners.

Contact Distress Property Finder

This is a genuine distress deal on a premium corner unit in one of Dubai’s most sought-after waterfront addresses. Don’t miss this opportunity — contact our team today for a private viewing or to secure this unit before it moves.

All information is provided in good faith and is subject to verification. Prices and availability are subject to change without notice.

Payment_Plan

MilestonePayment%
Down_PaymentOn Request

Features

24x7 Security
24x7 Security
Balcony
Balcony
Beach Access
Beach Access
Covered Parking
Covered Parking
Gym
Gym
kids play area
kids play area
Outdoor cinema
Outdoor cinema
Parking Area
Parking Area
RESTAURANTS
RESTAURANTS
RETAIL OUTLETS
RETAIL OUTLETS
Swimming Pool
Swimming Pool

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