Chelsea Residences 2 — off-plan in Dubai Maritime City

• Developer — DAMAC Properties (high — official product + portal) ^{[1] [3]}
• Product strings — Chelsea Residences 2 · Chelsea Residences 2 By Damac (high) ^[3]
• Brand partnership — Chelsea Football Club × DAMAC (high) ^{[1] [5]}
• District — Dubai Maritime City (high) ^{[1] [3]}
• Product type — waterfront apartments, phase 2 of Chelsea Residences (high) ^{[3] [2]}
• Towers — three towers A–C on Propsearch + DAMAC blog + PF copy; PF key field also says 4 buildings (med — conflict flagged) ^{[4] [3]}
• Beds marketed — 1, 2 and 3 bedroom (high) ^{[3] [1]}
• Unit count — ~836 residences on one building guide (low — not dual-confirmed) ^[4]
• Starting price (marketing) — from about AED 2,160,000 on the phase-2 portal card (med) ^[3]
• Portal layout bands — 1BR ~780 sqft from ~AED 2.2M; 2BR ~1,300 sqft from ~AED 3.1M; 3BR ~2,040 sqft from ~AED 4.8M (med — PF table) ^[3]
• Payment plan (conflict) — PF 20/40/40 vs DAMAC blog 24% booking + 1% monthly × 42 + 40% handover for the umbrella product (med — SPA wins) ^{[3] [2]}
• Portal construction stamp — construction started 30 September 2025; progress 0.04% as of 5 November 2025 update (med/low for progress %) ^[3]
• Portal completion stamp — 31 December 2029 / Q4 2029 (med) ^{[3] [1]}
• Ownership field on portal — freehold (med) ^[3]
• RERA / escrow IDs — not published on the DAMAC product page or the PF phase-2 card at capture (unknown) ^{[1] [3]}

Lean on high/med rows for a shortlist. When payment headlines clash, rebuild cash-flow from the SPA only.

Chelsea Residences 2 is phase 2 of DAMAC’s Chelsea FC–branded waterfront campus in Dubai Maritime City — not the whole district, not Oceanz by Danube (a different developer next door), and not a generic “Maritime City apartment” pack. ^{[1] [3]}

DAMAC’s official product page sells Chelsea Residences as one branded programme (1,400+ homes across the full campus in partnership materials). ^{[1] [5]} A DAMAC blog splits the campus into Chelsea Residences 1 (Towers A–C) and Chelsea Residences 2 (Towers A–C). ^[2] Propsearch names phase-2 sub-buildings Chelsea 2 Tower A / B / C. ^[4]

Property Finder’s phase-2 card markets 1–3 bedroom apartments, a three-tower waterfront story, and layout rows from about 780 sqft (1BR) to 2,040 sqft (3BR). ^[3] The same card’s key information field also prints 4 buildings — treat that as a portal conflict against the three-tower copy and Propsearch’s three-tower map until drawings settle it. ^{[3] [4]}

One building guide estimates ~836 units for phase 2. ^[4] Treat that as a rough inventory sketch, not a registered schedule. Amenity marketing (rooftop pitch, athlete training centre, beach club, spa) is campus-level on DAMAC’s page — confirm whether your SPA grants full campus access or phase-only rights. ^[1]

Exterior images on this research page are downloaded marketing renders from the DAMAC product gallery and the Property Finder phase-2 card — they show campus massing, not your specific unit. ^{[1] [3]} Floor plans and the SPA tower/unit ID define what you buy.

For phase 2 only, Property Finder’s timeline is the most specific public calendar: expected booking stamp 29 September 2025, construction started 30 September 2025, expected completion 31 December 2029 (Q4 2029). ^[3] DAMAC’s product unit cards and blog also point at Q4 / December 2029. ^{[1] [2]} Timelines slip; only the SPA and written handover notice bind.

Payment plan conflict (do not ignore):

• Property Finder for Chelsea Residences 2 prints 20% at sales launch / booking, 40% during construction, 40% on handover. ^[3]
• DAMAC’s Chelsea Residences blog (umbrella product) prints a different 60:40 cash-flow: 24% booking, 1% monthly × 42 months, 40% at handover. ^[2]

Those are not the same schedule. Do not average them. Rebuild AED and dates from the SPA instalment table for your unit. Pre-registration sale samples on Propsearch show phase-2 units already trading — secondary pricing is not a substitute for a dated developer price list. ^[4]

Builder page: DAMAC. Brand size plus a Chelsea FC partnership does not shorten escrow, variation or service-charge checks for phase 2.

District page: Dubai Maritime City — Chelsea Residences 2 sits in that waterfront district, near Port Rashid / cruise framing in marketing. ^[1] District amenity and drive-time claims are context, not a promise for your unit, view or commute.

Neighbour product (own fact file, different developer): Oceanz by Danube. Match the SPA project name to Chelsea Residences 2 / Chelsea Residences 2 By Damac and the correct tower letter — not a generic Maritime City pack. ^{[3] [1]}

1. Payment-plan conflict — PF 20/40/40 vs DAMAC blog 24%+1%×42+40%; only the SPA schedule is cash-flow truth. ^{[3] [2]}
2. Phase vs campus confusion — official DAMAC page markets full Chelsea Residences; phase-2 buyers must lock tower ID (A–C) on the SPA. ^{[1] [2]}
3. Tower count conflict — three-tower story vs PF “4 buildings” key field. ^{[3] [4]}
4. Marketing “from” price is not a unit quote — PF AED 2.16M / 2.2M bands can move; confirm dated list. ^[3]
5. ~836 unit figure is single-guide — do not treat as locked. ^[4]
6. RERA and escrow not published here — get both numbers before any booking fee moves. ^{[1] [3]}
7. Campus amenity access — beach club / rooftop pitch / training centre may be shared marketing; prove access rights in writing. ^[1]
8. Long wait to keys — portal target is end-2029; construction progress stamps can lag reality. ^[3]

No yield guarantees. No “limited stock” story without a dated inventory sheet.

1. Print the SPA name as Chelsea Residences 2 / Chelsea Residences 2 By Damac with tower (A/B/C) and unit ID — no campus shorthand. ^{[3] [4]}
2. Demand written RERA registration and escrow account numbers for phase 2 only.
3. Get a dated unit price list (reject verbal “from”) and match net area on official plans. ^[3]
4. Rebuild the SPA instalment table in AED and calendar dates; drop any public 20/40/40 or 24%+monthly headline that does not match the contract. ^{[3] [2]}
5. Confirm beds, floor, parking, view and amenity rights on drawings — not on lifestyle renders. ^[1]
6. Test the 31 Dec 2029 / Q4 2029 portal stamp against written construction updates. ^[3]
7. Keep phase 2 off Chelsea Residences 1 paperwork and off Oceanz by Danube.
8. Use the same buyer checklist on due diligence.