Chelsea Residences by DAMAC
Our view: Volume up 10.3% in a year the waterfront next door halved. Why ↓
Overview
The world's first residential project branded by Chelsea Football Club — DAMAC brings the iconic London club's legacy to Dubai's seafront. Waterfront towers blur the line between contemporary urban living and indulgent resort style, with 1–3 bedroom apartments and Chelsea-inspired experiences throughout.
Your instalments go into this project’s escrow account, regulated by the Dubai Land Department — never through us.
Before you reserve: how escrow protects your payments · how payment plans work · what happens at handover · paying from abroad · mortgages on off-plan
Where these numbers come fromFigures on this page come from project material published by DAMAC, last checked on 17 September 2026. We do not hold a live unit list for this project today — ask us and we will request one before you commit to anything.
Chelsea Residences by DAMAC prices: from AED 2.17M
Chelsea Residences by DAMAC starts from AED 2.17M. That is the entry price for the smallest unit type; the figure moves with the floor, the view and the specific unit, so we confirm the live list with DAMAC before quoting you anything.
Where Chelsea Residences by DAMAC is
Chelsea Residences by DAMAC is in Dubai Maritime City, Dubai. We keep a full page on Dubai Harbour listing every project we hold there.
Dubai Harbour sits between Palm Jumeirah and Bluewaters Island, built around the region's largest marina, a cruise terminal and views of Ain Dubai.
Volume up 10.3% in a year the waterfront next door halved.
entry-level stock in a mid-market waterfront address
AED, price paid
This district is bought for what it is, not for what is coming. Between now and 2033 we hold no confirmed, funded and dated project for Dubai Maritime City — no station, school, hospital or park commitment. The most recent delivery is Maritime Business Centre 2, AED 160 million, 125 offices, opened 22 May 2026. Some addresses are a bet on a pipeline; this one is a bet on the water and the volume.
- The momentum is real: 3,289 transactions, up 10.3% year on year, at AED 3,149/sqft registered and a median price of AED 2.75M (Property Finder).
- For contrast, Dubai Harbour next door did 840 transactions, down 54% year on year. Rising volume in one waterfront district while the neighbouring one halves is worth understanding before you choose between them.
Maritime City is new enough that no reliable district-wide service-charge series exists yet, so we get you the building's own figure rather than repeat a portal estimate as though it were data. On a waterfront tower that is the number that moves your net most. Same for the escrow account and the payment dates.
Dubai apartments rose 69% between Q1 2020 and Q3 2025 (Knight Frank, transaction basis), and the city's whole market went from AED 175 billion of transactions in 2020 to AED 917 billion in 2025 (Dubai Land Department). Then it cooled: the average price per square foot fell 1.7% in the year to August 2026, the first annual fall since February 2021 (Cavendish Maxwell). Every project on this site hands over between 2027 and 2031, so the five-year window is the one that matches the plan — but what the market did is not a forecast of what it will do.
Benchmarks are median registered sale prices from Dubai Land Department data, January to July 2026, compiled by dataHabibi. Infrastructure figures are from Dubai Media Office and RTA releases, dated in the text. Per-foot figures for this project are arithmetic on the price list above.
About the Developer
DAMAC Properties is known for branded projects, from golf communities to fashion-branded towers.
Chelsea Residences by DAMAC — common questions
Chelsea Residences by DAMAC starts from AED 2.17M. That is the entry price for the smallest unit type; the figure moves with the floor, the view and the specific unit, so we confirm the live list with DAMAC before quoting you anything.
Chelsea Residences by DAMAC is in Dubai Maritime City, Dubai. We keep a full page on Dubai Harbour listing every project we hold there.
No. On a new build the developer pays the brokerage commission, so what you pay is the price on DAMAC's own list plus the Dubai Land Department and registration fees every buyer pays whoever they buy through. Nothing on top.
The rest of the book in Dubai Harbour
| Project | Where | Handover | From |
|---|---|---|---|
| W Residences — Dubai Harbour | Dubai Harbour | From Dec 2028 | From AED 3.91M |
More by DAMAC
| Project | Where | Handover | From |
|---|---|---|---|
| Safa Gate | Sheikh Zayed Road — Safa Park, Dubai | From AED 1.38M | |
| DAMAC Islands 2 | Dubailand, Dubai | From AED 3.55M |