Chelsea Residences - Dubai Maritime City

The world's first Chelsea FC branded residences. Located in Dubai Maritime City, offering a 60/40 payment plan and sports-centric luxury living.

Project facts

developer
DAMAC Properties
location
Dubai Maritime City (DMC), Jumeirah Peninsula, Dubai
property type
Apartment
project price
AED 2,170,000 – AED 8,000,000
listed handover
2029-12-31

Project overview

ALI FAIZAN'S INVESTMENT THESIS: THE SPORTS BRAND ARBITRAGE (Verdict Score: 9.5/10) We are witnessing a historic moment in branded real estate. Dubai has seen fashion brands (Cavalli, Armani) and automotive brands (Bugatti, Mercedes) enter the market. Now, for the first time, we have a global sports legacy entering the arena: Chelsea Football Club. Developed by DAMAC Properties in the rapidly gentrifying Dubai Maritime City (DMC), Chelsea Residences is not just a home; it is a collector's item. 1. THE BRAND FACTOR: WHY 'CHELSEA' MATTERS Branded residences in Dubai historically command a 25-30% premium over non-branded stock upon resale. The 'Chelsea' brand taps into a massive, globally loyal demographic that traditional luxury brands cannot reach. This project is not just selling apartments; it is selling tribal belonging. With amenities like the Stamford Summit rooftop pitch and a dedicated athlete training center, this asset has a unique USP (Unique Selling Proposition) that separates it from every other tower in the city. 2. THE LOCATION: THE RISE OF MARITIME CITY Dubai Maritime City is the 'Dark Horse' of Dubai's coastline. While investors were fighting for units on the Palm Jumeirah, DMC has been quietly building the infrastructure to rival it. The AED 5.3 Billion Al Shindagha Corridor is nearly complete, connecting this peninsula to Downtown Dubai in under 20 minutes. Investing here at ~AED 2,800 per sq. ft. is a strategic value play, considering nearby branded waterfront projects trade significantly higher. 3. THE PRODUCT: HIGH SPECS & HIGH CEILINGS DAMAC has elevated the standard here. The most notable feature is the 3.4-meter floor-to-ceiling height. This is exceptional volume, creating a sense of grandeur rarely seen in this price bracket. The interiors utilize porcelain tiles, premium joinery, and expansive glass to capture the dual-aspect views of the Arabian Gulf and the Dubai Skyline. 4. THE FINANCIALS: 60/40 PLAN The payment plan is structured for capital appreciation. By paying 60% during construction and 40% on completion (December 2029), investors have a long runway to ride the market growth. The completion date aligns with the full maturity of the Maritime City master plan, ensuring you take handover in a living, breathing community. Final Verdict: For the sports enthusiast or the strategic investor looking for a high-yield 'Holiday Home' asset with a unique brand hook, Chelsea Residences is an undeniable buy.

Unit types and layouts

  • name
    1 Bedroom Residence
    area unit
    sqft
    unit type
    1br
    balcony size
    100
    units amount
    72
    unit bedrooms
    1
    units area to
    811
    price currency
    AED
    units price to
    2620000
    view direction
    Sea / Community
    normalized type
    1br
    units area from
    773
    unit description
    Perfectly sized for high occupancy. Features a powder room and laundry room. Average price ~AED 2,900 psf.
    units price from
    2170000
    unit number start
    231
    unit number prefix
    A
  • name
    2 Bedroom Residence
    area unit
    sqft
    unit type
    2br
    balcony size
    250
    units amount
    68
    unit bedrooms
    2
    units area to
    1615
    price currency
    AED
    units price to
    4500000
    view direction
    Panoramic Ocean
    normalized type
    2br
    unit number end
    74
    units area from
    1158
    unit description
    Generous layouts with 3.4m ceilings. Corner units offer dual views. Ideal for end-users.
    units price from
    3130000
    unit number start
    7
    unit number prefix
    CH
  • name
    3 Bedroom Residence
    area unit
    sqft
    unit type
    3BR
    balcony size
    400
    units amount
    28
    unit bedrooms
    3
    units area to
    2100
    price currency
    AED
    units price to
    7030000
    view direction
    Direct Seafront
    units area from
    2027
    unit description
    Expansive family homes. Features maid's room, large terrace, and premium positioning in the tower.
    units price from
    4940000

Saved payment plans

  • plan name
    60/40 Construction Linked Plan
    is default
    true
    description
    20% Deposit + 4% DLD. 1% monthly installments during construction. 40% on Completion (Dec 2029).
    post handover months
    0
    on handover percentage
    40
    construction percentage
    40
    down payment percentage
    20
    post handover percentage
    0

Project analysis

time horizon
long-term
risk assessment
level
low-medium
explanation
DAMAC is a delivery machine. The risk lies in the long timeline (2029), but the payment plan mitigates this by spreading cash flow.
market expertise
Branded residences are resilient. Even in market softenings, they hold value better than generic towers. Chelsea Residences adds a new category—'Sports Luxury'—which has zero competition in Dubai. This scarcity is your safety net.
investment insights
  • insight
    First-ever Chelsea FC residences. This creates a global marketing hook that no other tower has.
    category
    Brand Power
  • insight
    AED 5.3B Shindagha Corridor upgrade ensures seamless connectivity to the city.
    category
    Infrastructure
  • insight
    3.4 meters is rare. It adds volume and luxury perception that justifies the price point.
    category
    Ceiling Height
  • insight
    60/40 over 5 years is comfortable. It aligns cash outflow with asset appreciation.
    category
    Payment Plan
personal experience
I have visited the Maritime City site extensively. The transformation is real. The new roads are open, the skyline is rising. Standing on the plot, looking back at the Burj Khalifa, you realize that this is the last piece of prime waterfront land near Downtown. Chelsea Residences occupies a prime corner plot, ensuring its views are protected.
expected roi analysis
We project 35-45% capital appreciation by the 2029 handover. The long construction period works in your favor, allowing the surrounding Maritime City infrastructure (and prices) to mature before you settle the final 40%.
personal recommendation
Chelsea Residences is a masterstroke of branding. I recommend this project to investors who understand the power of 'Tribal Loyalty.' Football fans are the most loyal customer base in the world. By owning a unit here, you are tapping into a rental market that goes beyond typical tourism. Combined with the 60/40 plan and the regeneration of DMC, this is a strong asset for a diversified portfolio.
target investor profile
Ideal for sports enthusiasts, Holiday Home investors targeting the UK/European market, and long-term capital growth seekers.

Amenities

  • Stamford Summit (Rooftop Football Pitch)
  • Chelsea Athlete Training Centre
  • Football Simulation Room
  • Cryotherapy & Rain Therapy
  • Infinity Pool & Kids Pool
  • Sports Bar & Powerhouse Lounge
  • The Legends Walkway
  • Outdoor Gym & Jogging Track
  • Valet Parking
  • 24/7 Security

Interior specifications

style
Contemporary Luxury
window Type
Floor-to-Ceiling Double Glazed
flooring Type
Porcelain Tiles
ceiling Height
3.4 meters

Project questions and answers

  • question
    1. What is Chelsea Residences?
    answer
    Chelsea Residences is a luxury branded residential project by DAMAC Properties in collaboration with Chelsea Football Club. It is located in Dubai Maritime City.
  • question
    2. Where is it located?
    answer
    It is situated in Dubai Maritime City (DMC), a freehold peninsula located between Port Rashid and Dubai Dry Docks, offering direct sea views.
  • question
    3. What is the Payment Plan?
    answer
    The payment plan is 60/40. 20% Deposit, 40% in installments during construction (approx 1% monthly), and 40% upon completion in December 2029.
  • question
    4. Who is the developer?
    answer
    The developer is DAMAC Properties, one of the largest private developers in Dubai, known for DAMAC Hills and other branded residences like Cavalli and Safa.
  • question
    5. What are the starting prices?
    answer
    1BR starts from AED 2.17M, 2BR from AED 3.13M, and 3BR from AED 4.94M.
  • question
    6. Is it Freehold?
    answer
    Yes, Dubai Maritime City is a 100% Freehold zone, available for purchase by all nationalities.
  • question
    7. What is the ceiling height?
    answer
    The apartments feature an impressive 3.4-meter floor-to-ceiling height, creating a spacious and airy atmosphere.
  • question
    8. What unique amenities does it have?
    answer
    It features the 'Stamford Summit' rooftop football pitch, a Football Simulation Room, Cryotherapy chambers, and an Athlete Performance Training Centre.
  • question
    9. When is the handover date?
    answer
    The anticipated completion date is December 31st, 2029.
  • question
    10. Can I get a mortgage?
    answer
    Yes, the 40% payment on handover can be financed through a mortgage for eligible buyers.
  • question
    11. How many towers are there?
    answer
    The development consists of 6 towers in total, with the current launch focusing on Towers A, B, and C.
  • question
    12. What are the unit sizes?
    answer
    1BR units are approx. 773-811 sqft, 2BR units are 1,158-1,615 sqft, and 3BR units are over 2,000 sqft.
  • question
    13. Is there beach access?
    answer
    DMC is a waterfront destination. While the project overlooks the sea, specific beach access is part of the wider Maritime City master plan which includes promenades and potentially man-made beach areas.
  • question
    14. How far is the airport?
    answer
    Dubai International Airport (DXB) is approximately 23 minutes away.
  • question
    15. Is it a good investment?
    answer
    Yes, due to the unique 'Chelsea FC' branding, the project has high potential for short-term rental yields (holiday homes) and long-term capital appreciation as DMC matures.
  • question
    16. What is the service charge?
    answer
    Estimated between AED 20-25 per sqft, covering the maintenance of the extensive sports and wellness amenities.
  • question
    17. Can I resell during construction?
    answer
    Yes, typically after 30-40% of the payment plan is cleared, you can resell the unit.
  • question
    18. Are the units furnished?
    answer
    Units are typically unfurnished but come with high-end fitted kitchens and bathrooms.
  • question
    19. What views are available?
    answer
    Units offer views of the Arabian Gulf, the Dubai Skyline (Burj Khalifa), and the port/community.
  • question
    20. Is there a Metro station?
    answer
    The nearest Metro station is approx. 18 minutes away, but future transport links are planned for the Maritime City district.
  • question
    21. Are pets allowed?
    answer
    Yes, the community is pet-friendly.
  • question
    22. What makes the location special?
    answer
    It is a peninsula, meaning it is surrounded by water, offering privacy and exclusivity while being close to the city center.
  • question
    23. Is there retail nearby?
    answer
    Yes, the project is close to the Gold Souk and City Walk, and DMC itself will have retail and F&B outlets.
  • question
    24. How many units in the project?
    answer
    Tower A has 146 units, Tower B has 162 units. The total for this phase is 308 units.
  • question
    25. Why 'Chelsea'?
    answer
    The brand partnership brings a unique identity, quality assurance, and global recognition that aids in property value retention.

Project documents

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