Where is DAMAC Chelsea Residences located?

DAMAC Chelsea Residences is located at Dubai Maritime City, between Port Rashid and Dubai Dry Docks.

What types of properties are available at DAMAC Chelsea Residences?

DAMAC Chelsea Residences offers 1, 2 and 3 bedroom apartments. The size of 1 bedroom apartments starts from 775 sqft (72 m²), 2 bedroom apartments from 1369 sqft (127 m²) and 3 bedroom apartments from 2027 sqft (188 m²).

What are the prices for apartments at DAMAC Chelsea Residences?

Prices for these apartments at Dubai Maritime City start at 2 170 000 AED (590 800 $) for a 1-bedroom apartment, from 3 140 000 AED (854 900 $) for 2 bedrooms and from 4 940 000 AED (1 344 900 $) for 3 bedrooms.

What interest-free payment plan is available when buying property?

DAMAC offers an interest-free payment plan on a 60/40 basis with a 20% down payment for buying these apartments at Dubai Maritime City.

When is the completion of DAMAC Chelsea Residences scheduled?

The completion of this property in Dubai is scheduled for Q3 2029.

What amenities are available to residents of DAMAC Chelsea Residences?

The development features swimming pools, a fitness centre, a spa, yoga rooms, an outdoor gym, a football simulator, a private club, restaurants, lounges, a children's room, an outdoor playground, a cinema, a running track, high-speed lifts and a 24-hour concierge service.

DAMAC Chelsea Residences at Dubai Maritime City

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.

DAMAC Chelsea Residences offers 1, 2 and 3 bedroom apartments. 1-bedroom apartments start at 775 sqft (72 m²), 2-bedroom apartments start at 1369 sqft (127 m²), and 3-bedroom apartments start at 2027 sqft (188 m²). Prices for these apartments at Dubai Maritime City start at 2 170 000 AED (590 800 $) for 1-bedroom layouts, 3 140 000 AED (854 900 $) for 2-bedroom options, and 4 940 000 AED (1 344 900 $) for 3-bedroom properties. DAMAC offers a 60/40 interest-free payment plan with a 20% down payment for buying this property in Dubai.

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.

Residents of property at DAMAC Chelsea Residences will enjoy a wide range of amenities, including swimming pools, concierge service, gym, spa, children's playroom, outdoor playground, private club, restaurants, lounges, cinema, yoga rooms, a running track, an outdoor gym and a football simulator.

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.