Chelsea Residences

Chelsea Residences is the project DAMAC has built around a partnership with Chelsea Football Club, on the reclaimed peninsula of Dubai Maritime City beside Port Rashid. DAMAC describes it as the first residential scheme branded by a football club, and its project page refers to more than 1,400 homes facing the sea. The club's name shows mainly in the shared facilities: a beach with blue sand, a rooftop football pitch, football simulators and an athlete training gym, alongside a spa, a wellness centre and a children's play area. DAMAC opened sales in May 2025, and Property Finder records construction starting in July 2025.

On 13 November 2026 DAMAC's own site listed 10 one-bedroom apartments of 772 to 1,001 sq ft, priced from AED 2,457,000 to AED 3,099,000, and 10 two-bedroom apartments of 1,575 to 1,659 sq ft, priced from AED 4,825,000 to AED 5,228,000. These are the units on offer in November 2026, not the full range in the towers. DAMAC's FAQ also mentions three-bedroom apartments, but none was offered online on that date. The starting figure on DAMAC's project page matches the cheapest listed unit.

DAMAC's published plan for both unit types (PP-633763, May 2026) asks for 9% immediately, 55% across 34 instalments in the 35 months after purchase, and 40% on completion. Those payments add up to 104% of the price because the immediate payment includes the 4% DLD registration fee, so on the price itself the plan is 5/55/40. The same plan code covers Chelsea Residences 2, which Property Finder lists as a separate project. DAMAC's unit cards give handover as the second quarter of 2030 for one-bedroom homes and the fourth quarter of 2029 for two-bedroom homes, so the later date is shown here. Property Finder gives the fourth quarter of 2029.

The sources disagree on availability. Property Finder showed developer stock as sold out on 13 November 2026, with 19 resale listings, while DAMAC's own site still listed 20 units. Property Finder also shows a 20/40/40 plan and a launch price of AED 2.3 million, which look like the original launch terms. Ask which building, floor and plan apply to any unit you are offered.

Who it suits: buyers who want a sea-facing apartment close to the older city, and who value the Chelsea facilities for their own use or as a point of difference when letting. What to weigh: the cheapest listed units work out at roughly AED 3,060 to 3,180 per sq ft, a high level for a district where most towers are still being built and are due between 2026 and 2030. DAMAC puts Dubai International Airport about 20 minutes away and Mall of the Emirates about 25 minutes by car.