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Chelsea Residences towers seen from the water by day
Dubai Maritime City, Dubai1 / 12 · The towers from the water. Developer render.

Chelsea Residences by DAMAC

Six waterfront towers of 1, 2 and 3-bedroom apartments in Dubai Maritime City, built by DAMAC under its partnership with Chelsea FC. The final tower, Tower C, launched in July 2026 from AED 2.56M on a 60/40 plan, with completion anticipated for June 2030.

WhatsApp us about Chelsea Residences by DAMAC

DAMAC's Chelsea FC-branded towers in Dubai Maritime City.

From
AED 2.56M
1-bed, Tower C. DAMAC's Tower C sheet, press release and Gulf News, Jul 2026
Payment plan
60/40
Handover
Jun 2030 (Tower C)
Towers
6
Two phases of three
Homes
1,400+
1, 2 and 3 bed
Floors
Ground, 2 podium levels and 25 to 33 floors
Varies by tower
Registration
DLD
Dubai

Checked 31 Oct 2026 against the developer's documents. Indicative and subject to change. From AED 2.56M is about $697K · £524K · €625K (rates on 29 Oct 2026).

By Tyler Newman, Host of The Off Plan ShowLast updated

the short version

What is Chelsea Residences by DAMAC?

Chelsea Residences is a DAMAC apartment development in Dubai Maritime City, branded with Chelsea FC. DAMAC became the club's official property development partner in April 2025 and launched the project the same week, with more than 1,400 homes planned.

It is six towers in two phases, Chelsea Residences 1 and 2, each with a ground floor, two podium levels and 25 to 33 floors of homes above. The homes are 1, 2 and 3-bedroom apartments on a waterfront corner plot, with football and wellness amenities on the podium and a football pitch on the roof.

DAMAC says the first five towers sold out. The sixth and final tower, Tower C, launched on 16 July 2026. DAMAC's Tower C sheet lists 359 homes, almost all of them 1-bedroom apartments from AED 2.56M, plus a single 2-bedroom (AED 3.68M) and a single 3-bedroom (AED 7.60M). The plan is 60/40: 60% in instalments over 41 months and 40% on completion, which DAMAC anticipates on 30 June 2030.

from the developer

Chelsea Residences by DAMAC - Dubai Launch | DAMAC Properties

Chelsea Residences by DAMAC - Dubai Launch | DAMAC Properties · Official video from DAMAC Properties
World's First Football-branded Residences | DAMAC Properties · Official video from DAMAC Properties
From Stamford Bridge to the shores of Dubai - Chelsea Residences by DAMAC | DAMAC Properties · Official video from DAMAC Properties
Experience Chelsea Residences by DAMAC through ImmersvX | DAMAC Properties · Official video from DAMAC Properties
where it is

Where is Chelsea Residences in Dubai?

It is in Dubai Maritime City, on a waterfront corner plot with the sea on two sides. DAMAC quotes 22 minutes to Downtown Dubai and 23 minutes to Dubai International Airport. It is a Dubai purchase, registered with the Dubai Land Department (DLD).

Map showing where Chelsea Residences by DAMAC is
Drive times (DAMAC)
J1 Beach14 min
City Walk15 min
Metro18 min
Downtown Dubai22 min
Dubai International Airport23 min
Open in Google Maps →
site plan

How are the six towers laid out?

Aerial site plan labelling Chelsea Residences 1 (Towers A, B, C) and Chelsea Residences 2 (Towers A, B, C) around a podium of pools on the waterfront
Two phases of three towers around a shared podium. Each tower has a ground floor and two podium levels, then: Chelsea Residences 1, Tower A 25 floors, Tower B 28, Tower C 30; Chelsea Residences 2, Tower A 33 floors, Tower B 30, Tower C 33. Developer render.
Rooftop football pitch (Stamford Summit)Blue-sand beach (Chelsea Lion Beach)Beach clubInfinity poolCoral-reef swimming poolAthlete Performance Training CentreFootball simulation roomSpa and cryotherapyKids pool and kids areaJogging trackCinemaHealthy fine-dining restaurant
unit types

What can you buy in Tower C, and for how much?

Tap a home to see its floor plan, room sizes and what's included.

Prices and the unit count are from DAMAC's Tower C price and payment sheet (Jul 2026): 1-bed from AED 2.56M, 2-bed AED 3.68M, 3-bed AED 7.60M, 359 homes. DAMAC's sheet doesn't give areas, so sizes are from the brokerage Ezre and Property Finder/Bayut listings for Tower C (Oct 2026), and the floor plans are DAMAC's drawings as republished by Ezre. Price per sq ft is DAMAC's starting price divided by the listed total area (including balcony). The first five towers are sold out; homes there are resale only.

how you pay

What is the Chelsea Residences payment plan?

  1. 5%On booking
  2. 10%Within 1 month of booking (plus the 4% DLD fee on top of the first deposit)
  3. 5%Within 3 months
  4. 0.5%0.25% in each of months 4 and 5
  5. 6%Within 6 months
  6. 1.25%0.25% a month, months 7 to 11
  7. 6%Within 12 months
  8. 1.25%0.25% a month, months 13 to 17
  9. 5%Within 18 months
  10. 1.25%0.25% a month, months 19 to 23
  11. 5%Within 24 months
  12. 1.25%0.25% a month, months 25 to 29
  13. 5%Within 30 months
  14. 1.25%0.25% a month, months 31 to 35
  15. 5%Within 36 months
  16. 1.25%0.25% a month, months 37 to 41
  17. 40%On completion (anticipated 30 June 2030)
Worked example: Tower C 1-bedroom at AED 2.56M
WhenShareYou pay
On booking5%AED 128,000
Within 1 month of booking (plus the 4% DLD fee on top of the first deposit)10%AED 256,000
Within 3 months5%AED 128,000
0.25% in each of months 4 and 50.5%AED 12,800
Within 6 months6%AED 153,600
0.25% a month, months 7 to 111.25%AED 32,000
Within 12 months6%AED 153,600
0.25% a month, months 13 to 171.25%AED 32,000
Within 18 months5%AED 128,000
0.25% a month, months 19 to 231.25%AED 32,000
Within 24 months5%AED 128,000
0.25% a month, months 25 to 291.25%AED 32,000
Within 30 months5%AED 128,000
0.25% a month, months 31 to 351.25%AED 32,000
Within 36 months5%AED 128,000
0.25% a month, months 37 to 411.25%AED 32,000
On completion (anticipated 30 June 2030)40%AED 1,024,000
DLD registration fee, on signing4%AED 102,400

DAMAC's Tower C sheet: 5% on booking, then instalments over 41 months adding up to 60%, and 40% on completion, anticipated 30 June 2030. The 4% Dubai Land Department fee is paid on top of the first deposit, and DAMAC counts the down payment as complete at 19% including the DLD fee. Admin fees are extra.

what buyers ask

Questions buyers ask about Chelsea Residences by DAMAC

Is Chelsea Residences a good investment?

We don't give investment advice, but these are the numbers. DAMAC's Tower C 1-beds start at AED 2.56M for about 771 sq ft (listings), roughly AED 3,320 per sq ft. When the first towers went on sale in May 2025, Gulf News reported 1-beds from AED 2.17M at AED 2,807 per sq ft, 2-beds at AED 2,579 and 3-beds at AED 2,474, against typical Dubai Maritime City prices of AED 1,800–2,100 per sq ft at the time. So the branded towers launched above the area's prices, and Tower C is priced above the first release.

DAMAC reports more than 50,000 homes delivered. Tower C is on a 60/40 plan, with 40% due on completion, anticipated on 30 June 2030. Weigh the branded premium against Maritime City prices, the 40% due in 2030 and the number of similar 1-beds in the project.

What are the service charges at Chelsea Residences?

DAMAC hasn't published a service charge for Chelsea Residences, and none is set yet. In Dubai, RERA, part of the Dubai Land Department, approves each community's service charge budget, and owners see it on the DLD's Mollak system. For a new building the budget is set nearer completion, and it pays for shared facilities such as the rooftop football pitch, podium pools, spa and cinema.

None of the six towers has been handed over, so there is no comparable from the project itself, and we haven't found a published rate for a completed DAMAC tower in Dubai Maritime City to compare with. Ask DAMAC for its estimated charge per sq ft before you book. On a 771 sq ft Tower C 1-bed, every AED 10 per sq ft adds about AED 7,700 a year.

Is Chelsea Residences' handover on track?

DAMAC's Tower C sheet gives an anticipated completion date of 30 June 2030, and Property Finder lists December 2029 for the earlier towers. The project launched in April 2025 and the final tower in July 2026, so construction is at an early stage. DAMAC hasn't published a progress figure or named a main contractor for Chelsea Residences that we could find.

For DAMAC's wider delivery record, its September 2026 release reported more than 50,000 homes handed over, about 8,800 homes targeted for 2026 and more than USD 2.72 billion of construction contracts awarded in the first half of 2026. The 40% balance is due on completion, so check the completion date and any grace period written in your SPA.

What are buyers asking about Chelsea Residences?

Is it sold out? DAMAC says the first five towers sold out. Tower C, launched on 16 July 2026, is the last release, and 357 of its 359 homes are 1-beds. Which payment plan is right? For Tower C, DAMAC's sheet gives 60/40; the 20/40/40 plan on portals belongs to the earlier towers.

Is it really linked to Chelsea FC? Yes: DAMAC became the club's official property development partner in April 2025. Can I buy a 1-bed for less than AED 2.56M? Not from DAMAC in Tower C; lower prices on portals are earlier-tower figures or resale units. Is there a DLD fee waiver? DAMAC's sheet says the 4% fee is paid on top of the first deposit, so get any offer in writing.

before you believe the reels

What you'll hear online vs. the official facts

"Chelsea Residences starts from AED 2.17M"That figure is from portal pages for the earlier, now sold-out towers. DAMAC launched the final tower, Tower C, from AED 2.56M in July 2026.
"The payment plan is 20/40/40 (or 24% plus 1% a month, or 50/50)"For Tower C, DAMAC's sheet gives 60/40: 5% on booking, instalments over 41 months to 60%, and 40% on completion. The 20/40/40 plan on Property Finder belongs to the earlier towers.
"Handover is Q4 2029"Property Finder shows December 2029 for the earlier towers. For Tower C, DAMAC's sheet gives an anticipated completion date of 30 June 2030. Check the date in your SPA.
"No DLD fee and only 5% down"DAMAC's Tower C sheet asks for 5% on booking and 10% within a month, and says the 4% DLD fee is paid on top of the first deposit. Ask DAMAC in writing whether any DLD offer applies to your unit.
"Tower C has 2- and 3-bedroom apartments to choose from"DAMAC's floor table for Tower C lists 357 one-bedroom apartments, one 2-bedroom and one 3-bedroom.
"Chelsea Residences is one building"It is six towers in two phases of three, with 25 to 33 floors of homes above the podium, according to DAMAC's brochure.
The developerDAMAC Properties logo

Who is DAMAC Properties?

DAMAC was founded in Dubai in 2002 by Hussain Sajwani and has been privately held since 2022. It reports more than 50,000 homes delivered and more than 54,000 under construction, and it recorded Dh36 billion in sales in 2025 (Gulf News, January 2026).

All DAMAC Properties projects
questions buyers ask

Chelsea Residences by DAMAC FAQ

Where is Chelsea Residences by DAMAC?

In Dubai Maritime City, on a waterfront corner plot. DAMAC quotes 22 minutes to Downtown Dubai and 23 minutes to Dubai International Airport.

Is Chelsea Residences really linked to Chelsea FC?

Yes. DAMAC became Chelsea FC's official property development partner in April 2025, and the towers carry the club's branding and football-themed amenities.

How much is an apartment at Chelsea Residences?

In Tower C, the final tower, DAMAC prices 1-bedroom apartments from AED 2.56M. The one 2-bedroom is AED 3.68M and the one 3-bedroom AED 7.60M.

How big are the apartments?

Tower C 1-bedroom apartments start from about 771 sq ft including the balcony (listings; DAMAC's release says from 827 sq ft). The 2-bedroom is about 1,158 sq ft and the 3-bedroom 2,855 sq ft.

What is the payment plan?

60/40 for Tower C: 5% on booking, 10% within a month, then instalments over 41 months that bring you to 60%, and 40% on completion. The 4% DLD fee is paid on top of the first deposit.

When is handover?

DAMAC's Tower C sheet gives an anticipated completion date of 30 June 2030. Portals show December 2029 for the earlier towers.

Is Chelsea Residences sold out?

DAMAC says the first five towers sold out. Tower C, launched in July 2026, is the last release, and its 2- and 3-bedroom homes are single units.

What fees do I pay on top?

The Dubai Land Department fee of 4% of the price, paid with the first deposit, plus admin fees. DAMAC hasn't published a service charge.

before you buy

Guides for Chelsea Residences by DAMAC buyers

How do you buy off-plan in Dubai from the UK?Read the guide →What happens if you can't pay an off-plan instalment in Dubai?Read the guide →Can you sell an off-plan property in Dubai before handover?Read the guide →
Sources (14)

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