Chelsea Residences by DAMAC: World’s First Chelsea FC-Branded Waterfront Living in Dubai - Payment Plan
Chelsea Residences payment plan
Chelsea Residences by Damac Properties in Dubai Maritime City is sold with a 20/40/40 payment plan: 20% down payment on booking, 40% during construction and 40% on handover.
With prices starting from AED 2,100,000, the 20% down payment starts from about AED 420,000, and handover is expected in Q4 2029.
Below is the full instalment schedule and a mortgage calculator, so you can see what you pay before handover and what is left to finance. Ask us for the official payment plan PDF and the current price list.
Payment Plan Breakdown
Down Payment
On Booking Date
During Construction
Easy Installments
On Handover
Upon Completion
Detailed Payment Schedule
| Installment / Milestone | Percentage | Description / Trigger |
|---|---|---|
| Down Payment | 20% | |
| During Construction | 40% | |
| On Handover | 40% |
Mortgage Calculator
Monthly EMI: AED 0
Breakup of Total Payment
Upfront Costs & Bank Fees
Monthly Breakdown of EMI
| Inst # | Opening Balance | Monthly EMI | Interest | Principal | Closing Balance |
|---|
Chelsea Residences payment plan FAQ
What is the payment plan for Chelsea Residences?
Chelsea Residences has a 20/40/40 payment plan: 20% down payment on booking, 40% during construction and 40% on handover.
How much is the down payment for Chelsea Residences?
The down payment is 20% of the price. For a unit starting at AED 2,100,000, that is about AED 420,000, plus the 4% DLD fee where it applies.
When is the handover of Chelsea Residences?
Handover of Chelsea Residences is expected in Q4 2029. The amount due on handover can be paid in cash or with a mortgage.
Developer: Damac Properties · Community: Dubai Maritime City · See all Damac Properties projects
