Four DAMAC projects on interest-free developer payment plans. One London consultant from reservation to keys. Mortgage on completion arranged in-house.
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Unit plans and payment calendars for the units that fit your budget, sent by Akhil Dinesh, Percy Estates. Prefer to talk? 07570 431570.
Akhil will email today's availability, unit plans and payment calendars within one working day. For a faster reply, WhatsApp 07570 431570.
Chelsea Residences by DAMAC, Dubai Maritime City, developer render.
Every figure is from the developer's current sales offer. Open a project for its unit plan, instalment calendar and government fees.
Dubailand · Lagoon Views 13, Tower A
Crystal lagoons, sandy beaches and Mediterranean-themed clusters beside DAMAC Hills and the Trump International Golf Club. The most affordable way into a DAMAC master community.
| Reservation (immediate) | 9% | £13,758 |
| Within 1 month | 10% | £15,287 |
| Within 3 months | 5% | £7,643 |
| Monthly, months 4-26 | 0.25% | £382 / mo |
| Month 12 · 18 · 24 · 27 | 12 · 7.5 · 7.5 · 8% | £18,344 · £11,465 · £11,465 · £12,230 |
| On completion · Mar 2029 | 40% | £61,148 |
Government fees (approx.): DLD 4% £6,115 + title deed £109 + Oqood £201 + DSR £201 = £6,626. GBP per DAMAC sales offer, 10 Sep 2026; subject to availability and exchange rate.
Dubailand · ELO Tower 13 · Park view
One of the most transacted communities in the UAE by Dubai Land Department volume: a 55 million sq ft neighbourhood with a wave pool, sports courts and Malibu Beach. ELO's 2-beds face the park.
| Reservation (immediate) | 9% | £26,810 |
| Within 1 month | 10% | £29,789 |
| Within 3 months | 5% | £14,895 |
| Monthly, months 4-18 | 2% | £5,958 / mo |
| Month 8 · Month 15 | 7% · 7% | £20,853 · £20,853 |
| On completion · Jul 2028 | 40% | £119,157 |
Government fees (approx.): DLD 4% £11,916 + title deed £109 + Oqood £201 + DSR £201 = £12,427. GBP per DAMAC sales offer, 10 Sep 2026; subject to availability and exchange rate.
DAMAC Hills · beside Trump International Golf Club
DAMAC's newest launch inside the established DAMAC Hills golf community: two residential towers and a commercial tower around co-working, retail, dining, padel courts and an urban-farm terrace. The longest payment runway of the four.
| Reservation (immediate) | 9% | £22,737 |
| Within 1 month | 10% | £25,264 |
| Within 3 months | 5% | £12,632 |
| Monthly, months 4-33 | 0.25% | £632 / mo |
| Month 12 · 18 · 24 · 29 · 34 | 11 · 6 · 6.5 · 6 · 4% | £27,790 · £15,158 · £16,421 · £15,158 · £10,105 |
| On completion · Aug 2029 | 40% | £101,055 |
Government fees (approx.): DLD 4% £10,105 + title deed £109 + Oqood £201 + DSR £201 = £10,616. GBP per DAMAC sales offer, 10 Sep 2026; subject to availability and exchange rate.
Dubai Maritime City · waterfront, 270° sea views
DAMAC is Chelsea F.C.'s official property development partner. Tower C takes the most coveted point of the masterplan: a rooftop Stamford Summit pitch, coral-reef pool, Chelsea Blue beach club, athlete performance centre and a sea-facing spa.
Layouts from one-bedroom (Type A) to three-bedroom with maid's room (Type B1/D1). Request the current price list and availability.
Mortgage, long-let versus Airbnb income, and resale value over ten years. Defaults are taken from current Dubai market data and every figure is editable. Illustrative only, not financial advice.
UAE Central Bank caps: up to 80% for an expat's first home under AED 5m, 60% for a second or investment property, maximum term 25 years. Non-resident buyers are commonly offered around 50% by lenders. The loan is drawn at handover and can cover the 40% completion payment. Our in-house team pre-qualifies you 12 months before handover.
Years count from handover. Equity is property value less the outstanding mortgage. Total return is equity gain plus cumulative net income less mortgage interest paid, shown against the cash you put in (including government fees). Excludes selling costs (typically 2% agent fee) and any UK tax.
| Year | Value | Loan balance | Equity | Net income | Cumulative |
|---|
Sources: AirDNA Dubai 2026, Reliant Surveyors 2025
Sources: Bayut DAMAC Hills 2, Oliva 2026
Sources: CBUAE rulebook, West Gate 2025
Dubai has just had its biggest year ever and is now moderating: H1 2026 sales volumes were 14% lower than H1 2025 while prices kept rising. That combination is what a buyer wants to see. Here is what the data says, and what would make us tell you to wait.
Sources: Dubai DMO, 2025 results · Provident, H1 2026 report · Global Property Guide, price index · The National, Fitch forecast
These are the eight questions almost every UK buyer asks us before reserving. If yours isn't here, ask Akhil and you'll get the same kind of answer.
Supply is real: about 120,000 homes hand over in 2026. But volumes fell 14% in H1 2026 while prices still rose 6%, which means demand is absorbing it. Three things protect you: buy in a master community with its own amenities and schools (not a standalone tower), buy from a developer with a delivery record, and buy at an entry price with a 7% yield so the income carries you through any flat patch. All four projects here pass those tests.
Anticipated completion dates are in the SPA. DAMAC is a listed-scale developer with over 48,000 homes delivered. If a project is delayed, your instalments are already sitting in a RERA-supervised escrow account tied to that project, released only against certified construction. We monitor progress and send you photos and the escrow milestone updates.
Less than a UK purchase. Reservation: passport copy and a form, same day. SPA: signed within 2 to 4 weeks, electronically or by courier, no need to fly. Oqood registration: filed by the developer within 60 days and issued in about 10 working days. No solicitor is required by law, though we recommend one; no survey, no chain, no gazumping.
No. Every step can be done from the UK and many UK buyers complete without visiting first. We send unit plans, floor positions, view videos and community footage, and can arrange a live video walk-through of the show apartment. If you'd like to see it, we'll arrange a visit around handover instead of before reservation.
Contracts are in dirhams, pegged to the US dollar, so your risk is GBP/USD. The 0.25% monthly instalments are small enough to buy currency gradually; the large milestones can be fixed in advance with a forward contract through a currency broker we can introduce. Rental income and the eventual sale price are also in a dollar-linked currency, which many UK investors see as a hedge.
Yes. Off-plan units can be resold once a set share of the price is paid (typically 30 to 40%, per the SPA), with the buyer taking over your payment plan. After handover the resale market is deep: 68,000 apartment sales in H1 2026 alone. Sale proceeds and rent are freely transferable; there are no capital controls in the UAE.
The costs are: 4% Land Department fee plus about £511 of registration charges at purchase; an annual service charge (DAMAC Hills 2 around AED 12 to 14 per sq ft, waterfront towers higher); 5% agent fee when you let; and DEWA utilities if you use it yourself. No stamp duty, no council tax, no annual property tax, no capital gains tax. Every project card above lists the exact fees.
Dubai's off-plan market is regulated by RERA under the Dubai Land Department: developers must hold an escrow account per project, register your interest as an Oqood, and cannot take your money outside escrow. Percy Estates is a UK company you can check at Companies House (no. 15525233), an official DAMAC sales partner, and your payments go to the developer's escrow, never to us.
We sell at the developer's list price with the developer's payment plans. Our commission comes from DAMAC; you pay nothing extra for using us.
Percy Real Estate Ltd, Canary Wharf, company no. 15525233. Sales, lettings and property management in London, so we know what a good tenant, a fair service charge and a sensible yield look like.
Akhil Dinesh handles your file personally: availability, reservation, SPA, Oqood, instalment reminders, mortgage, handover and letting. No call centre, no hand-offs.
Non-resident lending is a specialist area. We pre-qualify you 12 months before handover so the 40% completion payment is arranged, not a scramble.
The SPA, the escrow account number, the service charge estimate and the full instalment calendar in sterling, before you pay a reservation deposit.
UK GDPR, a published complaints procedure, a London office you can visit and a public profile on Matchouse. Speak to a past client if you'd like to.
Percy Estates made buying my first home a seamless experience. Their team's knowledge and attentive customer service were simply outstanding. I felt supported every step of the way.
Percy Estates exceeded my expectations in finding the perfect property. From start to finish, the process was smooth and stress-free.
Their team was highly knowledgeable and attentive to my needs, making the entire process enjoyable and efficient. I recommend them wholeheartedly.
One consultant in Canary Wharf who works directly with DAMAC. You pay the developer's list price, quoted in sterling.
Five steps, most of them done in the first month. Nothing is paid to Percy Estates at any point.
Three are in Dubailand's southern growth corridor between the Trump International Golf Club and the future Al Maktoum airport city. Chelsea Residences is on the Maritime City waterfront by Port Rashid.
Open in Google Maps: DAMAC Lagoons · DAMAC Hills 2 · DAMAC Hills · Dubai Maritime City · Map data © OpenStreetMap contributors
Property Consultant · Percy Estates, London
Your single point of contact, availability checks, reservation, SPA, Land Department registration, instalment reminders, mortgage introductions and handover. Send a budget and you'll get two or three specific units back, not a brochure.
Yes. All four projects are in designated freehold zones where foreign nationals hold full title in their own name, with no local partner and no time limit. Before handover your interest is registered as an Oqood; the title deed is issued by the Dubai Land Department at handover.
Reservation takes a day (passport copy, a form, the 9% deposit). The SPA is signed within 2 to 4 weeks, electronically or by courier. The developer registers your Oqood within 60 days and the certificate is usually issued in about 10 working days. Nothing requires you to travel; many UK buyers complete without visiting first.
None is required by law. We recommend an independent lawyer to review the SPA and will introduce one. There is no survey on off-plan; you buy against approved plans and the escrow-protected build. A power of attorney is only needed if you want someone else to sign for you.
DAMAC's current schedules ask for 9% on reservation, 10% within a month and 5% at three months, so roughly 20% secures the unit in the first four weeks and 24% by month three. From there instalments are small (0.25% to 2% a month with a few larger milestones) until 60% is paid, with 40% due on completion. Each project card shows the exact figures.
A 4% Dubai Land Department fee plus about £511 of registration charges (title deed, Oqood and DSR). There is no stamp duty, no annual property tax and no capital gains tax in the UAE. You pay the developer's list price; our commission is paid by DAMAC.
Around 120,000 homes hand over in 2026 and Fitch warned in 2025 of a possible correction of up to 15%. So far, H1 2026 volumes fell 14% while prices still rose 6%. We manage the risk by choosing master communities with their own demand, an established developer, entry-level prices and 7% yields, and by treating this as a 5 to 10 year hold. Nobody can promise you a number; we can show you the data.
Your money sits in a RERA-supervised escrow account for that project and is released only against certified construction. Completion dates and compensation terms are in the SPA. DAMAC has delivered more than 48,000 homes; we still recommend reading the delay clauses with your lawyer, and we send you progress updates throughout.
Yes, on completed property. UAE banks typically lend 50% to 60% of value to non-residents (the Central Bank ceiling is 80% for a first home under AED 5m), over up to 25 years, priced slightly above resident rates. The loan is drawn at handover to cover the 40% completion payment. Our in-house team pre-qualifies you 12 months ahead.
Yes, once a set share of the price is paid (typically 30 to 40%, per the SPA) the unit can be resold with the buyer taking over your payment plan. A small developer transfer fee applies. Most clients hold to handover and beyond, where the value is.
Use the planner above. Current long-let asking rents in DAMAC Hills 2 are around AED 39,000 for a studio, 55,000 for a 1-bed and 77,000 for a 2-bed. Dubai's short-let market averages about AED 638 a night at 69% occupancy; studios and 1-beds book best. Airbnb needs a DET holiday-home permit, furnishing and an operator.
Set per community by the developer and approved by RERA. DAMAC Hills 2 apartments run around AED 12 to 14 per sq ft a year; waterfront towers like Chelsea Residences are higher. We include the current estimate in every unit summary and in the planner.
Possibly. The UAE charges none, but UK residents are taxed on worldwide income and must declare it. We are not tax advisers; we'll point you to a specialist who works with our clients.
DAMAC contracts are in UAE dirhams, pegged to the US dollar. The GBP prices on this page are the developer's sterling quotes from 10 September 2026 and will move with GBP/USD. Small monthly instalments can be bought gradually; larger milestones can be fixed in advance with a forward contract through a currency broker we can introduce.
A titled property worth AED 2 million or more (about £400k, across one or more properties) qualifies you and your family for a renewable 10-year Golden Visa. Below that, a 2-year property investor visa is available from AED 750,000. Off-plan counts once a set share is paid; we'll confirm the current rules at the time.
Dubai allows non-Muslim owners to register a will with the DIFC Wills Service Centre or Dubai Courts so the property passes as you intend. We recommend doing this at handover and can introduce a specialist.
Percy Real Estate Ltd is registered in England and Wales, company no. 15525233, at 25 Cabot Square, Canary Wharf; check it on Companies House. We are an official DAMAC sales partner, listed on Matchouse, and we never take your money: deposits and instalments go to the developer's escrow.
Tell Akhil your budget and whether you'll let it, use it, or both. You'll get today's availability, unit plans and the exact instalment calendar.