DAMAC Chelsea Residences at Dubai Maritime City

DAMAC Properties is set to launch an innovative residential project, Chelsea Residences, strategically located in the heart of Dubai Maritime City. This exclusive development is the world’s first Chelsea FC-branded residential community, combining luxury waterfront living with a lifestyle centered on wellness and fitness. With more than 1,400 upscale units, the project is designed to offer a premium residential experience.

Prospective buyers can choose from a selection of 1, 2, and 3-bedroom apartments. The 1-bedroom units start at 775 square feet (72 m²), 2-bedroom layouts begin at 1369 square feet (127 m²), while 3-bedroom apartments span from 2027 square feet (188 m²). DAMAC provides a convenient 60/40 interest-free payment plan, requiring just a 20% initial payment, making property ownership more accessible in this prestigious Dubai location.

The development is scheduled for handover in the third quarter of 2029. Combining strategic location advantages, modern amenities, and robust investment returns, DAMAC Chelsea Residences at Dubai Maritime City stands out as a compelling choice for both homeowners and investors alike.

Premium Interiors and High-End Finishes

Every residence is thoughtfully designed with expansive floor-to-ceiling windows and private balconies, ensuring abundant natural light and panoramic views. The interiors boast modern features such as central air conditioning, elegant porcelain flooring, built-in wardrobes, and tastefully finished walls and ceilings. Kitchens come fully equipped with essential appliances, including a refrigerator, stove, and dishwasher. The building infrastructure includes high-speed elevators and a secure access system to enhance safety and convenience.

Lifestyle Amenities for Residents

Residents will benefit from an extensive list of on-site amenities that cater to a balanced lifestyle. These include multiple swimming pools, a fully equipped gym, a spa, and dedicated yoga rooms. Families will appreciate the children’s play areas and private club facilities, while adults can unwind in lounges, private cinemas, and restaurants. Outdoor fitness enthusiasts can make use of a running track, an outdoor gym, and a unique football simulator.

Prime Location with Excellent Connectivity

Located between Port Rashid and Dubai Dry Docks, Dubai Maritime City offers seamless access to key areas across the emirate. The location is well-connected to Dubai’s major road networks and public transportation systems. Travel times include approximately 10 minutes to Downtown Dubai and DIFC, and just 15 minutes to Dubai International Airport.

The broader Dubai Maritime City area is home to an array of upscale facilities such as yacht clubs, marinas, retail outlets, fine dining establishments, and luxury hotels. Residents will also find a range of health and education services in close proximity, making it a self-sufficient and vibrant urban community.

Investment Perspective

From an investor’s viewpoint, the project offers strong earning potential. Expected rental yields range from 5% to 7% annually, with capitalization rates projected to reach 8% to 12% within five years. These metrics position Chelsea Residences as an attractive option for those looking to invest in Dubai real estate.