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Hello everyone. A seafront residence in Dubai carrying the name of a football club. Today, DAMAC Properties and Chelsea FC delivered in partnership with Chelsea Residences is what we are looking at today!
For prices, taxes and the whole buying process, see our guide: Dubai Property Guide
Apartment types, current price range and location: see the project page
Chelsea Residences is rising in Dubai Maritime City, an artificial peninsula between Port Rashid and Dubai Drydocks and one of the points where the city’s relationship with the sea is strongest. The scheme is being developed under a brand partnership with the English football club Chelsea FC.
Prices
- Apartments: AED 2,513,000and up
- one, two and three bedroom options
- Apartment size: 80 m²and up
- A seafront location
- Developer: DAMAC Properties, brand partner Chelsea FC
- Address: Dubai Maritime City, Dubai
DAMAC Propertiesis the most active developer of branded residences in Dubai. After its schemes with Cavalli and Versace, the Chelsea FC partnership adds a sports brand dimension to its portfolio. Branded residences tend to hold their ground more strongly on the resale market in Dubai thanks to the brand value.
Why Chelsea Residences?
There are two arguments. The first is the seafront: genuine sea views are limited in Dubai and feed straight into price. The second is the brand: the Chelsea FC name separates the scheme from Dubai’s standard tower stock and gives it recognition, particularly among international buyers.
- Mall of the Emirates 25 dakika mesafede
- Gallery 27 Dubai 29 dakika, The Greens Souq 31 dakika
- Emirates Hospital 17 dakika
- Mediclinic Dubai Mall and Medcare Hospital Al Safa 18 minutes
- The maritime corridor around Port Rashid and Dubai Drydocks
Daily life
Dubai Maritime City is a peninsula themed around the sea and maritime industry. The area is still developing, which is an advantage in terms of entry price, but for everyday needs you may for now have to go out into the neighbouring districts. The seafront and the marina culture are the scheme’s main promise of a way of life.
Rental yield and tenant profile
Branded, seafront units lift listing performance directly on short lets: the visual difference and the brand recognition raise the click through rate. Over the long term, corporate tenants come to the fore. No income tax is charged on rental income in Dubai.
Communal areas and specification
- Apartments with a sea view
- Sport focused shared areas through the Chelsea FC partnership
- Swimming pool and fitness areas
- A location close to the seafront
- Landscaped communal areas
- Parking
Who is buying?
Investors after brand value and a sea view, and anyone wanting a unit that will stand out on short lets. The recognition of the football brand draws particular interest from buyers in Europe and Türkiye.
Total cost: what you actually pay when you buy at Chelsea Residences
There is no stamp duty in Dubai; its equivalent is the Land Department (DLD) transfer fee of 4% of the sale price. The table below is indicative, based on the entry price.
| Item | Amount |
|---|---|
| Property price | AED 2,513,000 |
| Land Department transfer fee (DLD, 4%) | AED 100,520 |
| Registration and administration fees | about AED 4,200 |
| Approximate total | AED 2,617,720 |
With a loan there are mortgage registration and bank charges, and if you let the property, management commission. For purchases on the United Kingdom side, use our purchase cost calculator page.
What to Check Before You Decide
- Dubai Maritime City is still a developing area; the social amenities will come with time.
- On brand licensed schemes the service charge can be higher than on unbranded equivalents.
- Brand partnerships are fixed term agreements; check in the contract how long the brand stays attached to the scheme.
- An off plan scheme; DAMAC has not yet fixed the handover date.
- The entry price is at the top of the DAMAC apartment schemes on this list.
How does Chelsea Residences compare with the alternatives?
- Safa Gate: on the central corridor, at a slightly more affordable entry price.
- Ellington House: a design led boutique alternative in Dubai Hills Estate.
- Damac Tower: the same developer’s London scheme, with Versace interiors.
We can work out together which project fits your goal, judged on budget, intended use and exit plan. We can also compare branded residences on premium potential and service charge.
Answers to the most common questions on this topic: Can You Buy Property in Dubai in Instalments? How Payment Plans Work
