The Final Tower of Chelsea Residences by DAMAC: Prices, Details and What's Confirmed

The Final Tower of Chelsea Residences by DAMAC: Prices, Details and What's Confirmed

DAMAC Properties has launched the sixth and final tower of Chelsea Residences, its waterfront development in Dubai Maritime City built in partnership with Chelsea Football Club. The launch was announced on 16-17 July 2026, following what DAMAC and multiple outlets describe as a complete sell-out of the first five towers. Here is what is officially confirmed about the final tower — and what still needs verification before you treat it as settled.

What's Confirmed So Far

• Location: Dubai Maritime City, positioned between Port Rashid and Dubai Creek.
• Project scale: Six towers in total, reaching approximately 130 metres, with more than 1,400 apartments across the full development.
• Sales status: The first five towers are reported as fully sold out; the sixth tower is the final release.
• Starting price: From AED 2.56 million (approximately $697,000).
• Unit sizes: From approximately 827 square feet.
• Unit types: One, two and three-bedroom apartments, all with sea views.
• Signature amenities: A rooftop football pitch described as the only one of its kind in a UAE residential project, a blue-sand beach referencing Chelsea FC's team colors, a beach club, and an Athlete Training Centre.
• Branding: Developed in partnership with Chelsea Football Club and marketed as the world's first football-branded residence.

Note: No official handover or completion date for the final tower has been published in the sources reviewed as of 16 August 2026. Any specific handover date circulating elsewhere should be treated as unconfirmed until DAMAC or a verified sales channel confirms it directly.

Why the Location Matters

Dubai Maritime City sits in a coastal, established district close to Old Dubai and Mina Rashid — a different profile from DAMAC's newer master communities further from the city core, such as DAMAC Lagoons or DAMAC Islands. For an investor, this generally means a shorter drive to established business and tourism zones, at a density and price point closer to Dubai's established waterfront segment rather than a suburban master-planned community still building out its own infrastructure.

What "Football-Branded" Actually Means for an Investor

The Chelsea FC partnership is a branding and lifestyle layer — the rooftop pitch, the Athlete Training Centre, and the beach club are amenities, not financial guarantees. Branded residences in Dubai have generally traded at a premium to comparable non-branded units, according to third-party market research reviewed for this article, but that premium reflects broader market and brand trends rather than a return DAMAC itself has promised for this specific tower. Anyone weighing this project against a non-branded alternative should treat the "football branding" as a demand and differentiation factor to investigate, not a projected yield.

Note: Any rental yield or resale premium figure you see quoted for Chelsea Residences elsewhere should be checked against a live, dated data source (such as DLD transaction data for comparable units) before being used in a decision — it is not something confirmed directly by DAMAC in the sources reviewed for this article.

A Quick Framework Before You Commit

1. Confirm current availability and exact unit-level pricing directly with DAMAC's sales channel — "starting from" prices apply to the smallest/lowest-floor units, not the full range.
2. Ask specifically for the payment plan and any confirmed handover date for this tower, since neither was published in the general launch coverage.
3. Compare price per square foot against other DAMAC waterfront or branded-residence launches, not just the community average.
4. Treat the sell-out of the first five towers as a demand signal, not a guarantee that the sixth tower will perform identically — scarcity marketing is common at final-phase launches.

Frequently Asked Questions

Where exactly is Chelsea Residences by DAMAC located? In Dubai Maritime City, between Port Rashid and Dubai Creek.

How much do units in the final tower start from? From AED 2.56 million (about $697,000) for units starting at approximately 827 square feet, based on the July 2026 launch coverage. Confirm the current price directly with DAMAC, as "starting from" pricing can change as inventory sells.

Is there an official handover date for this tower? Not in the sources reviewed for this article as of 16 August 2026. Ask DAMAC's sales team directly for a confirmed handover date before purchasing.

What makes this project "football-branded"? Its partnership with Chelsea Football Club, reflected in a rooftop football pitch, an Athlete Training Centre, a Chelsea-colors blue-sand beach, and a beach club.

Investment Takeaway

The final tower of Chelsea Residences combines a confirmed, specific launch (price, size, location, amenities) with several details — handover date, exact payment plan, current unit-level pricing — that are not yet public. That mix is normal at this stage of a launch, but it means the responsible next step is a direct conversation with DAMAC's sales channel rather than acting on secondary coverage alone.

Talk to a real estate advisor for a project-specific analysis matched to your budget and goals.

Author: Real Estate Investment Team — Muhalab Adam · Published: August 16, 2026 · Last updated: August 16, 2026

Sources: Gulf Today (17 July 2026), Emirates Free Zones News (17 July 2026), IndexBox.