Development of the Week: Chelsea Residences
Do you love football? Specifically, Chelsea Football Club? If you do, Chelsea Residences by DAMAC Properties would be the perfect place to live for you. This landmark collaboration between DAMAC and the London based football club will bring about Dubai’s first football-branded residences. Let’s look at this unique property development and see what makes it different.
ABOUT CHELSEA RESIDENCES DUBAI
DAMAC certainly is among the biggest real estate developers in Dubai. On the other hand, Chelsea is a global brand with a huge following in the UAE. Both brands have come together to present Chelsea Residences Dubai, located in Dubai Maritime City.
The Chelsea Residences by DAMAC development spans two phases and features six towers ranging from 25 to 33 storeys. The project will offer 1, 2 and 3-bed units. Those residing in these luxury apartments in Dubai will wake up to sweeping views of the ocean. Most importantly, the design and lifestyle will be vastly influenced by Chelsea’s legacy. The historic football club and the legendary players who have donned the club kit will be at the centre of this project.
Chelsea Residences by DAMAC Properties will be a tribute to the champions who have played for the club and pay tribute to the passion, prestige and performance of the 2025 UEFA Conference League Champions. So, when it comes to amenities, residents will enjoy Chelsea-themed facilities in-house. From the refined interiors to the grander details, everything will reflect the football club.
It’s location in Dubai Maritime City is also worth noting. From the perspective of young parents, there will be multiple schooling options such as Al Ittihad School, Safa British School, Horizon International School, The English College and JSS Private School. Whereas, the closest healthcare centres include Emirates Hospital, Mediclinic Dubai Mall and Medcare Hospital Al Safa.
To enjoy some leisure time or for shopping, residents of Chelsea Residences will be able to go to popular malls like the Gallery 27 Dubai, The Greens Souq (31 mins) and Mall of the Emirates; all located at around half an hour drive.
Plus, being located near Port Rashid means it’s easy to rent mega yachts for dinner cruises and social gatherings. Besides the in-house sporting facilities including football facilities, Just Padel is located close by.
So, if you fancy living in a modern built project which will remind you of the glory of your beloved football team, this might be the right development for an investment.
PROPERTIES
In total, the project will feature over 1,400 residences. As discussed, this DAMAC luxury residential project will offer 1 to 3-bed units.
The covered area of the 1-bed flat would be 775 sq. ft. with a starting price of AED 2.17M. It will have an integrated kitchen with full-height cabinetry and Bosch-series appliances. The sunlit living area would be the highlight of the flat. The sliding glass doors open to balconies facing the Arabian Gulf or Port Rashid. Residents will be able to benefit from built-in wardrobes in the master suite, an in-unit laundry closet and a guest powder room.
Similarly, there will be two types of 2-bed units. Type A will have a covered area of 1,160 sq. ft. and the starting cost would be AED 3.13M. Whereas, Type B will have a covered area of 1,620 sq. ft. and an initial price of AED 3.4M.
Type A flats will be corner units with extended balcony and guest powder room. On the other hand, Type B flat residents will benefit from larger foyer, separate family alcove and two balconies.
The initial cost for a 3-bed unit is AED 4.94M and will have a covered area of 2,842 sq. ft. The property will have a separate family lounge, maid’s room with bathroom and a study nook.
Chelsea Residences design features will certainly make it standout from the competition. Visit the official website to have a look at Chelsea Residences floor plans.
CHELSEA RESIDENCES PAYMENT PLAN
A 70/30 payment plan has been announced.
Milestone | Payment Percentage |
|---|---|
Milestone Booking Deposit | Payment Percentage 24% |
Milestone Monthly Progress | Payment Percentage 1% * 42 months |
Milestone Final Handover Payment | Payment Percentage 40% |
CHELSEA RESIDENCES AMENITIES
Flats for sale in Chelsea Residences offer top amenities:
- Chelsea Lion beach
- Stamford Summit
- Football simulation room
- Chelsea Athlete Performance Training Centre
- The pride of the ocean
- Underwater-themed kids play area
- Serenity spa
DEVELOPER
In the past two decades or so, DAMAC Properties has emerged as one of the leading developers in the UAE. It has handed over properties worth more than AED 50 billion to satisfied customers. From DAMAC Hills to high-rise icons such as Coral Reef, DAMAC projects have become a symbol of innovation, growth and development.
Awarded multiple times for their outstanding contribution to the field and Dubai economy, the company has built a hugely positive reputation by adopting a transparent milestone reporting system, on-time completion and stringent quality standards.
FIND A RELIABLE AGENT
To get the deal done, hire an area expert.
FAQs
WHAT IS THE COMPLETION DATE OF THE PROJECT?
The project is expected to complete by Q4, 2029.
WHICH OTHER DAMAC OFF-PLAN PROJECTS CAN I CONSIDER?
Check out the list of the off-plan DAMAC Projects that you can opt for. Use TruEstimate™ to get a comprehensive, data-backed sale valuation report for your freehold property in Dubai.
That concludes our look at Chelsea Residences. While the UAE based fan base of the football club would be enthused most by the project, just as an investment opportunity, the project holds value for anyone looking for medium to long term profits.
Title Image Credit: DAMAC Properties
