The Chelsea Residences by DAMAC Properties will be built at Dubai Maritime City area. It is the world’s first branded residential development created in partnership with Chelsea FC. DAMAC Chelsea Residences includes over 1,400 properties with waterfront views and offers unique amenities focused on health, fitness and well-being for residents.

All apartments at DAMAC Chelsea Residences feature floor-to-ceiling panoramic windows and balconies. The properties feature central air conditioning, built-in wardrobes, porcelain stoneware floors, plastered and painted walls and ceilings. Kitchens are equipped with a refrigerator, stove and dishwasher. The development will have high-speed lifts and an access control system.

Dubai Maritime City, where the apartments at DAMAC Chelsea Residences are located, is situated between Port Rashid and Dubai Dry Docks. This location provides easy access to the sea, airports and public transport. The area is connected to the city’s main road network, providing convenient travel throughout the emirate. Residents of these properties in Dubai can reach Downtown Dubai and DIFC in approximately 10 minutes and Dubai International Airport in 15 minutes.

The area offers a variety of amenities, including yacht clubs, marinas, water sports, luxury hotels, shopping centres, restaurants, cafes and fitness centres. In addition, Dubai Maritime City has schools and medical facilities.

The investment potential of property at Dubai Maritime City is high. Apartments at Dubai Maritime City can generate returns of 5% to 7% per annum, with capitalization rates reaching 8-12% annually over the next five years. These figures make buying an apartment at DAMAC Chelsea Residences a profitable investment.

The completion date for the construction of the property at DAMAC Chelsea Residences is scheduled for Q3 2029. Given its strategic location, wide range of amenities and high investment potential, apartments at DAMAC Chelsea Residences at Dubai Maritime City are an excellent choice for investors and buyers.