Chelsea Residences 1
Project Overview
Chelsea Residences 1 is the first phase of a premium residential project by Damac, located in Dubai Maritime City. The development consists of three towers, each comprising a ground floor, two podium parking levels, and 25 to 30 residential floors featuring one- to three-bedroom apartments. The building’s design is inspired by the spirit of the legendary Chelsea Football Club, blending the elegance of London with Dubai’s coastal resort lifestyle. The façades are defined by fluid lines and modern glass architecture that reflect the project's seaside character. Interiors feature biophilic design, floor-to-ceiling windows offering up to 270-degree views, and a bright palette of natural materials that create a sense of space and tranquility. The layouts are thoughtfully designed for modern, comfortable living. Residents enjoy a wide range of amenities, including an infinity pool, fitness centers, cinema, football simulation room, spa, wellness and meditation zones, children’s and adult pools, gourmet restaurants, a health-focused café, and the Chelsea Lion Beach with a coral reef. All of this creates a unique environment for active and fulfilling everyday life. The complex is just 23 minutes from Dubai International Airport, 22 minutes from Burj Khalifa and The Dubai Mall, 14 minutes from J1 Beach, and 15 minutes from City Walk.
Illustrative Rental Scenario
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Amenities & Lifestyle
Location
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Developer and Project Facts
Chelsea Residences 1 by Damac Properties
Located in Dubai Maritime City
Starting from AED 2,386,000
Unit mix includes 1 BR, 2 BR, 3 BR, Apartments
Expected handover: Dec 2029
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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