- Near Baghdad Airport
- Luxury Villas
- AED 36,00,000
- 4 and 5 BHK Bedrooms
- +917008939537
DAMAC Hills Baghdad
DAMAC Properties Dubai has launched its first Iraqi villa project named DAMAC Hills Baghdad, a luxury residential master community on the city’s outskirts. Phase 1 (announced Oct 2025) spread across 6.2 million m² and comprises three gated villa clusters – Misk, Fayrouz, and Lamar – near Abbas Ibn Firnas Square by Baghdad International Airport. It is a high-end residential project featuring exclusively 4‑ and 5‑bedroom villas built to “celebrate Iraq’s timeless…design heritage” in a modern community. DAMAC markets the scheme as a “landmark” development aligned with Baghdad’s 2030 city plan and National Investment Commission goals, designed to uplift living standards and attract foreign capital.
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DAMAC Hills Baghdad Project Highlights
- Luxury Villas – The community offers only spacious elegant villas (4- and 5-bed layouts with maids’ and drivers’ quarters), each with private gardens and pools. Designs blend traditional Iraqi motifs (arches, courtyards, natural materials) with contemporary finishes, reflecting “Iraq’s rich architectural heritage”.
- Master-Planned Community – DAMAC Hills Baghdad is a fully integrated, gated development (one of the largest in the capital) with extensive green parks and leisure areas, fitness and sports facilities, retail outlets, and dining venues. Central features include landscaped parks and plazas, a health/fitness club, jogging trails and playgrounds, plus cafés and fine-dining restaurants.
- Advanced Infrastructure – The project includes dedicated utilities (modern water treatment/distribution, on-site electricity substation) and sustainable systems (solar-powered water heating) for uninterrupted services. These ensure self-sufficiency and efficiency in utility supply.
- Security & Services – A fully guarded, 24/7 secured gated community with CCTV surveillance, perimeter security and on-call maintenance. The master plan emphasizes one of Baghdad’s “most secure and well-planned” residential environments.
- Strategic Placement – Situated near major transport routes, the site offers convenient connectivity. It fronts Abbas Ibn Firnas Square, just 5 minutes by car from Baghdad Intl Airport, ~10 minutes from the Green Zone and Mansour District, and ~15 minutes from top hotels and universities. This prime location ties into the city’s redevelopment plan (Baghdad 2030) and supports NIC-driven foreign investment initiatives.
Let me share something truly special with you about Chelsea Residences Phase II by DAMAC Properties. The company has partnered with Chelsea Football Club, one of the world’s most famous and successful football teams, to build luxury sea facing apartments in Dubai. For the very first time, Chelsea’s passion for performance and dedication to excellence are coming together with DAMAC Group reputation for crafting extraordinary waterfront residences. And the result is a gated community that feels alive with energy and pride, where every detail is inspired by the spirit of football champions.
When you look at these high-rise towers, you can feel that inspiration. They are designed as a reflection of Chelsea Club very essence—pride, purpose and the relentless drive to be the best. Each building blurs the line between modern urban living and indulgent resort-style luxury in a way that feels fresh and timeless at the same time.
DAMAC off plan properties in Dubai and Chelsea combination of contemporary design that creates a unique atmosphere you simply will not find anywhere else in the Dubai real estate market. This new launch luxury project is for everyone. Property investor searching for a high-demand property with exceptional resale potential or a homebuyer who is thinking of buying a panoramic seafront properties in Dubai with world-class amenities. DAMAC Dubai Chelsea Residences offers you a luxurious lifestyle that will be a reward for you.
Investment Opportunities in DAMAC Hills Baghdad
DAMAC Hills Baghdad is positioned to tap rising demand for luxury Iraqi real estate. Market indicators suggest steady growth and attractive yields: for example, investment guides note rental yields of 6–10% in Baghdad’s key districts and historically rising prices (on the order of ~4–8% annually in recent years). With Iraq’s urban population growing and a chronic housing shortage (millions of units), high-end gated communities are scarce, implying strong demand from affluent locals and overseas Iraqis. DAMAC’s entry leverages its brand reputation and regional expansion (already active in KSA, Qatar, Jordan, etc.), signaling confidence to investors and aiming to capture a share of the Gulf-planted capital now flowing into Baghdad.
Key investment points include: – First-Mover Advantage: As the first major international luxury developer in Baghdad, DAMAC can command premium positioning. The project’s high-end standards and global marketing appeal to wealthy buyers (expatriates, diplomats, business elite) who seek upscale, “world-class” housing in Iraq.
– Competitive Pricing: Iraq’s real estate prices remain well below Gulf markets, making Baghdad an attractive value proposition. (Local reports suggest villa prices start around IQD 1.37 billion, roughly US$1.0–1.1 million, though official pricing is just being released.) This low entry price coupled with growth potential (versus Amman, Riyadh or Dubai) may yield higher returns over time.
– Strong Demand Drivers: The project aligns with government incentives and Baghdad’s rebuilding. Expanding infrastructure (roads, utilities, communications) and improved security in core areas are drawing investors back, as seen by recent interest from Gulf and diaspora buyers.
Rare Waterfront Sea View Apartments
Only 7% of Dubai's coastline remains for future development, making this a limited-supply, high-demand asset.
100% Freehold Ownership + Tax Free
100% freehold ownership and zero property tax for both local and international buyers.
Premium ROI Potential
Waterfront homes in Dubai achieve up to 48% higher resale and rental value than non-waterfront properties.
Chelsea FC Branded Appeal
Backed by a global football icon, ensuring long-term demand and a powerful lifestyle brand story.
UAE Golden Visa Eligible
Investments from AED 2M+ qualify buyers for the 10-year UAE Golden Visa, offering long-term residency.
Safe, Stable and Global City
Dubai ranks #4 safest city in the world and hosts 70% of Fortune 500 HQs, with strong infrastructure and quality of life.
DAMAC Hills Baghdad Project Features
- Property Types: Phase 1 consists solely of luxurious villas. There are no apartments or townhouses in this phase. Villa floor plans range from large single-story bungalows to multi-storey duplexes (some with private pools) – all with 4 or 5 bedrooms plus service quarters. (For instance, a typical 5-bed villa spans ~750–800 m² across 2–3 floors.)
- Design & Architecture: Interiors will feature high-end finishes, smart-home automation, integrated HVAC and solar heating systems for comfort and efficiency. The aesthetic is inspired by Iraq’s “timeless…design heritage,” likely including Mashrabiya-style screens, stone facades and water features, fused with contemporary luxury detailing. DAMAC has not announced any external design partners, but its history of branded collaborations (Versace, Cavalli) suggests premium fixtures and fittings throughout.
- Collaboration: To date there’s no public news of a local partner or designer; DAMAC is executing through its own subsidiary (DICO International – Iraq). The project is being developed as an integrated masterplan by DAMAC’s in-house team in conjunction with Baghdad’s planning authorities.
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DAMAC SEA CREST MARITIME CITY
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PROJECT HIGHLIGHTS
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Theme Type
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Waterfront Sea Facing Luxury Apartments
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Number of Towers
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6 High Rise Towers
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Unit Type
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1, 2 and 3 Bedroom Apartments
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Sale Price (AED)
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Starts at AED - 2.16 Million Onwards
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Apartment Size
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780 to 2040 Sq. Ft Area
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Location
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Maritime City Dubai
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Payment Plan and Offers
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Special Launch Offers and 60:40 Payment Plan
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Possession Date
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Project Completion Date is 2029
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Amenities
DAMAC Hills Baghdad is planned as a fully self-sufficient lifestyle community. Notable amenities include (plans indicate):
– Community Parks & Gardens: Several large central parks, ornamental water features and green spaces for leisure and children’s play.
– Health & Wellness: A clubhouse with gym/fitness studios, swimming pools, running/jogging paths, and sports courts.
– Dining & Retail: Onsite cafes, restaurants and possibly convenience shops serving the residents. (The promotional material mentions “fine dining outlets” and cafés as part of the amenities.)
– Utilities & Technology: A dedicated potable water system and treatment plant, on-site power substation with backup, and solar-powered heating – ensuring reliable services even during city outages.
– Security & Services: Gated entrances, 24/7 guarded security with surveillance cameras, and a maintenance team. Residents benefit from a managed community with round‑the‑clock security and maintenance services.
Location Review and Advantage
DAMAC Hills Baghdad occupies a strategic site west of the city center: on the south side of Baghdad International Airport (Abbas Ibn Firnas Square). Key locational benefits:
– Immediate Airport Access: Only ~5 minutes’ drive to Baghdad Intl Airport, facilitating travel for global investors and residents.
– Connectivity: Proximity to major highways and arterial roads linking the airport to the Green Zone and city core. The site is near multi-lane freeways on both sides of the Tigris, enabling easy commute north/south.
– Premium Neighbors: About 10 minutes from the Green Zone (government/embassy district) and Al-Mansour (upscale residential/commercial area). Nearby universities and medical centers also enhance convenience.
– Hospitality Hub: Within ~15 minutes of Baghdad’s top hotels, conference centers and shopping destinations, making it attractive for VIP guests.
– Urban Redevelopment Zone: The area is earmarked for new development under Baghdad’s 2030 vision, meaning infrastructure (roads, utilities, security) is slated for upgrading. Being one of the first high-end projects here, Damac enjoys a low-density, “new city” feel with room for further appreciation as the neighborhood grows.
DAMAC Official Partner of Chelsea Football Club
At DAMAC Real Estate, we don’t just build luxury properties, we always love to build those experiences that will leave you a legacy for lifetime. And now, we are proud to share something truly iconic with you all property investors around the world. DAMAC is the Official Property Development Partner of Chelsea Football Club, one of the most celebrated football clubs in the world. Here we are not just doing a branding exercise, we are brining you first-of-its-kind football-themed real estate development in Dubai property market.
This under construction project is a tribute to Chelsea FC legendary spirit and DAMAC luxury real estate expertise. There will be around high-rise towers in this project. When you buy Chelsea Residences in Dubai, and the moment you walk into the grand lobby to the high-performance training spaces, the exclusive concierge services, here every detail has the energy and identity of Chelsea FC. You will feel like you are living the legacy, not just watching it.
And to show the strength of this global partnership, DAMAC Group now proudly featured on Chelsea official jerseys — both men’s and women’s — for the remainder of the 2025–2026 season. That kind of brand synergy translates into immense visibility, credibility, and long-term brand value for investors like yourself.
DAMAC Hills Baghdad Pricing
Detailed pricing and payment schedules were not formally released at launch, but early data indicates substantive investment levels.
Media reports around opening suggested starting prices near IQD 1.37 billion (≈US$1.05M) for a standard villa, with higher-end models exceeding that.
DAMAC traditionally offers off-plan payment plans. Borrowing from its Dubai practice, a typical structure would be ~10–20% down at booking, roughly 40–50% during construction installments, and the balance on handover.
The company noted handover around 2028, implying up to ~3–4 years of installments post-booking. Financing may be arranged via Iraqi or regional banks (subject to local regulations).
Note: Prices in Iraqi dinars (IQD). Actual sales prices may vary by floor-plan and upgrades.
DAMAC Islands Images
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| Location | Dubailand |
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| Property Type | Luxury Townhouse and Villas |
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| Possession Date | Q4 2028 |
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| Theme | Maldives |
| Website | DAMAC Properties |
DAMAC Hills Baghdad ROI Analysis
Baghdad’s luxury sector is nascent but strengthening. Current data and expert analysis suggest:
– Rental Yields: High-end Baghdad properties can command gross rental yields on the order of 6–10% per annum. Gated community villas (especially furnished) tend to be in short supply, so if leased to foreign workers or executives, yields may be at the upper end of this range.
– Capital Appreciation: Iraq’s overall price growth has been modest (~2–7% annually post-2018), but prime central neighborhoods saw stronger increases as security improved. Given Damac Hills’ unprecedented scale and quality, it could set new benchmarks in Baghdad pricing. Regional peers have seen mid-to-high single-digit annual gains in value.
– Resale Prospects: As DAMAC Hills Baghdad will be one of the largest private residential enclaves, secondary market liquidity may grow over time. Early buyers benefit from branding and first-mover advantages. Resale prices will hinge on actual market uptake, but the project’s exclusivity and alignment with government planning bodes well for long-term resale value.
– Demand Drivers: Factors supporting strong ROI include Iraq’s young population and housing shortage (a chronic gap of millions of units), plus an inflow of diaspora and Gulf capital seeking stable investments. The proximity to business/government hubs (Green Zone) is likely to sustain demand from professionals.
– Risks: Investors should weigh Iraq-specific risks: currency volatility (IQD) and geopolitical uncertainty. Historically, periods of instability caused price swings, though the recent trend has been stabilization and cautious optimism. Foreign buyers should perform due diligence on title procedures and legal frameworks for non-Iraqi ownership.
LOCATION CONNECTIVITY
- 3 mins from Dubai International School
MAJOR LANDMARKS
- 2 mins from DUBAI Grand Central Park
SCHOOLS AND COLLEGES
- 2 mins from Grand Central Park
HOTELS AND RESTAURANTS
- 2 mins from Grand Central Park
MEDICAL AND HEALTHCARE
- 2 mins from Grand Central Park
MALLS AND SHOPPING CENTERS
- 2 mins from Grand Central Park
LOCAL MARKET
- 2 mins from Grand Central Park
Let me walk you through why connectivity and infrastructure are such strong advantages for Chelsea Residences Phase 2 by DAMAC. This entire part of Dubai is transforming thanks to the Shindagha Corridor Project, which is one of the biggest infrastructure upgrades in the city’s history.
The Shindagha Corridor itself is a 13-kilometre strategic route connecting historic Shindagha, Bur Dubai, and Deira. What is really impressive is that this project upgrades 15 major intersections, including Sheikh Rashid Road, Al Mina Road, Al Khaleej Street, and Cairo Street. In practical terms, it is going to improve mobility for over a million residents and support the value of major real estate developments in this area, like Chelsea Waterfront Residences in Dubai.
The investment is huge—around AED 5.3 billion—and when it is completed, it will cut travel time dramatically. We are talking about reducing trips that used to take almost two hours down to about 16 minutes by 2030. That level of accessibility is exactly what smart investors look for because it boosts long-term demand and property values.
If we look closer at the different phases, you will see how thorough this transformation really is. Phase 1 focused on the Wafi Interchange with a new 700-meter, 3-lane flyover and two additional bridges to smooth out traffic flow around Sheikh Rashid and Oud Metha.
Phase 2 improved the access to Deira Islands and Al Khaleej Street, adding five new ramp bridges and better connections to key waterfront areas. This was completed between 2017 and 2020.
Phase 3 brought the striking Infinity Bridge, which has 12 lanes and can handle 24,000 vehicles per hour, along with dedicated tunnels and upgraded interchanges. This has been fully operational since mid-2023, making travel to and from Dubai Maritime City faster than ever.
Phase 4 is happening now and is almost complete. It includes a major 4.8-kilometre road upgrade, three new bridges, and the Al Khaleej Street Tunnel, which is a 1.65 km, six-lane tunnel that will ensure smooth, free-flowing traffic. This tunnel alone can handle up to 12,000 vehicles per hour. The entire corridor links right into the Infinity Bridge and transforms the Cairo–Al Wuheida roundabout into a fully signalized junction. By March 2025, this phase will be 90% complete.
So when you think about the value of owning waterfront property here, remember you are investing in an address that is not just beautiful but also backed by Dubai’s most ambitious infrastructure plan. Whether you plan to live in your apartment, rent it out, or hold it for long-term appreciation, this kind of accessibility and forward-looking development is a major advantage that will set your property apart in the Dubai real estate market.
Dubai Investment Park
18 mins
Expo 2020 Venue
15 mins
Burj Al Arab
30 mins
Dubai International Airport
23 mins
DAMAC Hills Baghdad Investors Appeal
DAMAC Hills Baghdad offers several compelling investment and lifestyle attractions:
– Brand & Track Record: DAMAC is a renowned luxury developer (49,000+ homes delivered globally) with high-profile branded projects. Its entry into Iraq signals confidence and adds premium cachet. This level of developer pedigree and international marketing is unprecedented in Baghdad’s market.
– Exclusivity: The project’s scale, security and design create an enclave-quality community unavailable elsewhere in Iraq. Limited supply of such elite housing drives prestige appeal for affluent buyers. The project is marketed as “one of the largest residential developments in Iraq” and a gateway to modern urban living.
– Quality & Security: The emphasis on luxury finishings and strict security provides peace-of-mind. 24/7 surveillance and a full-time maintenance team ensure a world-class living standard – a strong draw for families and professionals who prioritize safety and convenience.
– Synergy with National Vision: By aligning with Baghdad’s 2030 development plan and NIC investment goals, the project benefits from government support. Investors may view it as a “next big thing” tied to Iraq’s rebuilding agenda.
– International Appeal: With Iraq easing foreign investment laws (allowing ownership in designated developments), DAMAC Hills Baghdad opens Iraq’s real estate to global investors. The address near embassies and the Green Zone also appeals to international executives and diplomats. In short, DAMAC Hills Baghdad combines a strong brand, luxurious lifestyle amenities, strategic location, and growth potential – making it an attractive proposition for both local and international investors.
Let us walkthrough the beautiful stylish 1 BHK bedroom of DAMAC Seacrest apartments. These new launch apartments are one of the most anticipated seafront luxury homes in Dubai Maritime City. Here we will only discuss the 1 BHK apartment layout, for 2 and 3 BHK you can visit the detailed floor plan page. You can get a real feel for the space you are investing in.
As soon as you enter the 1 BHK apartment, you will be greeted by a bright, open entryway that leads directly into a well-planned kitchen on your right. It is a semi-open kitchen, measuring approximately 3.30 by 2.80 meters. It comes equipped with ample countertop space, modern cabinetry and provisions for all your essential appliances. It is a perfect room for cooking, and even if you rent it out to tenants, they will really appreciate this modern living.
Moving ahead when you walk into the heart of the home, that is the Living and Dining area of your new apartment, which is a spacious 3.20 by 4.95 meters. What really makes this space special is how it really connects directly to the sea-facing balcony, when you sit here it allows plenty of natural light to pour in. This part of your house is ideal space for entertaining guests, enjoying your morning coffee, or just relaxing with a sunset view over the Arabian Gulf.
Now, let us check out the Balcony, which is the most highlighted in all the units, whether it is 1, 2 or 3 BHK bedroom, your balcony is special. It stretches across 7.10 meters in length and 2.30 meters in width. It is large enough to set up a cozy sitting area or even a compact outdoor dining table. You are going to love this space; it is what resort-style living is all about.
Heading back in, the bedroom is tucked into the left side of the layout, giving it privacy and a peaceful vibe. At 3.15 by 3.20 meters, it comfortably fits a king-sized bed, nightstands, and has large sliding doors that open onto the balcony as well — so you can wake up to those sea views every morning.
From the bedroom, you walk directly into the Walk-in Closet (W.I.C) — a neat, dedicated space measuring 2.10 by 1.60 meters for your wardrobe and storage needs. This leads into the main bathroom, which is generously sized at 1.65 by 2.60 meters and features premium sanitary fittings, a walk-in shower, and elegant marble finishings — in line with DAMAC’s luxury standards.
You will also notice there’s a separate Powder Room (PDR) near the entry, measuring 1.50 by 1.60 meters — ideal for guests, so your personal bathroom stays private. Right next to that is the Laundry Area, discreetly tucked in to allow for a washer/dryer and storage.
So overall, what you have here is a beautifully laid out 1 BHK apartment, smartly designed to feel spacious and full of luxury living, all in a compact footprint. If you buy any of these Sea Crest apartments, you are getting premium finishing, private outdoor space, and most importantly, a direct connection to the sea — something that not many apartments in Dubai can offer at this price point.
And of course, beyond the unit itself, you’ll have full access to all of DAMAC Sea Crest’s resort-style amenities — from the infinity pool, private beach, and wellness center, to the aqua-inspired gym and healthy dining zones.
Would you like me to show you available units on higher floors or with specific views? I can also help you block this layout today under our pre-launch inventory with special pricing and payment plans.
Let’s get you the perfect Sea Crest apartment.
Chelsea Residences Luxury Amenities
The project redefines luxury living with resort-style amenities inspired by athleticism and waterfront leisure. Highlights include the Chelsea Blue Beach Club, infinity pools, and the Stamford Summit Rooftop Pitch—a nod to Chelsea iconic home ground. Fitness enthusiasts will love the Chelsea Football Simulation Room and Athlete Training Center, complete with cryotherapy and aerial yoga. For relaxation, there are forest therapy pods, a wellness spa, and even a Victory Beacon celebrating the club’s legacy. Whether you’re training like a pro or unwinding in serene luxury, every aspect of life here is designed to inspire.
- CENTRAL HUB FOUNTAIN
- WEDDING VENUE
- AQUA DOME
- IGUANAS PARK AND FRUIT MARKET
- PADDLING (GONDOLA STYLE)
- WATER PLATFORMS
- LAGOON TOUR IN HAMMOCK
- LAGOON WATERFALLS
- MINIGOLF ISLAND
- TORTOISE GARDEN
- PARROT PARK
- AQUA PARK
- JUNGLE RIVER
DAMAC Chelsea Residences Pricing
At Chelsea Residences by DAMAC in Dubai Maritime City, we are offering a premium collection of 1-, 2-, and 3-bedroom sea-facing apartments, all designed to give you that resort-style living experience right along Dubai’s iconic coastline. Whether you are an investor focused on strong ROI or a homebuyer searching for a luxurious waterfront lifestyle, the pricing we have available right now is incredibly competitive for such an exclusive address.
Let me walk you through it step by step so you have a clear picture.
Our 1-bedroom apartments start from just AED 2.16 million, and the average pricing across available units stays right around that mark. These homes are a great fit for individuals, couples, or investors who want to tap into the short-term rental market, especially given their elegant interiors and uninterrupted sea views.
If you are looking for more space—maybe planning to live here longer term or use the property with your family—our 2-bedroom units start from AED 3.10 million, with average prices sitting at about AED 4.26 million. Of course, the final price depends on which floor you choose, the orientation of the apartment, and how close you are to the water. These 2-bedroom layouts have been particularly popular among end users and NRI investors who want more flexibility and stronger appreciation potential over time.
And for those who prefer the ultimate in space and luxury, our 3-bedroom residences begin at AED 4.77 million, with average prices reaching up to AED 5.89 million. These are the large, beautifully designed corner apartments, complete with expansive balconies and panoramic sea views. If you are a high-net-worth individual or looking for the perfect second home by the water, this is definitely the category to consider.
Every apartment here includes full access to our resort-inspired amenities—like the private coral beach, infinity sand pool, aqua gym, wellness spa, concierge service, and dedicated kids’ play zones. On top of that, we offer flexible payment plans to make your investment even more convenient, and if your purchase is above AED 2 million, you can also qualify for the UAE Golden Visa, which gives you and your family long-term residency.
Chelsea Residences Payment Plan
Chelsea DAMAC MASTER PLAN
Possession & Construction Status
Right now, Chelsea Residences by DAMAC is in its pre-launch phase, and you can already see the early preparations taking shape on-site. The construction teams are moving ahead carefully, making sure everything follows Dubai real estate development regulations to the letter.
This project sits right in Dubai Maritime City, which is such a strategic and fast-growing coastal area. It is all part of the government’s Vision 2030 master plan to transform this district into a landmark destination for living, business, and leisure.
At this stage, enabling works have already started, so things are progressing steadily toward full-scale construction. DAMAC Real Estate Group has kicked off early-phase site mobilization, and once the 2nd Phase official launch happens, the foundation works are expected to follow soon after.
As it stands, the anticipated possession date for Chelsea Residences by DAMAC is targeted for around the fourth quarter of 2029. Of course, this timeline could shift a little depending on final RERA approvals and how construction milestones unfold. But DAMAC has a strong reputation for quality and on-time handovers, and they are working with some of the most experienced consultants and contractors in the industry to make sure each stage of development stays on track.
If you decide to invest now, you will have complete transparency along the way. DAMAC keeps investors and buyers updated throughout the construction lifecycle via their dedicated client portal. You will be able to see regular progress reports, on-site photos, and all the official documentation updated in real time.
From what we are seeing already, this new launch is shaping up to be one of the flagship developments in Dubai Maritime City, perfectly positioned to meet the surge in demand as we move toward Dubai’s 2030 growth phase.
Return on Investment (ROI) & Appreciation
When you look at Return on Investment (ROI) and overall property appreciation, Chelsea Residences by DAMAC really stands out as an opportunity that ticks all the boxes—whether you are thinking about short-term gains or long-term wealth building.
Because this is a waterfront development in such a strategic location, it is uniquely positioned to benefit from several growth drivers all at once—tourism, international trade, luxury lifestyle demand, and the momentum behind Dubai’s Vision 2030. All of these factors together create a very strong case for sustainable property value growth.
If you are primarily focused on rental income, Chelsea Residences by DAMAC is projected to deliver rental yields between 7% and 10% annually, particularly for fully furnished 1- and 2-bedroom apartments. The combination of panoramic sea views, resort-style amenities, and close proximity to cruise terminals, business districts, and Dubai’s best tourist attractions makes these homes highly desirable for both long-term tenants and short-stay platforms like Airbnb.
Plus, with Dubai Maritime City developing into a fully integrated zone with commercial offices, educational institutions, and premium residential towers, you can expect steady demand from professionals, expats, and even maritime industry executives who will need high-quality accommodation right here.
From a capital appreciation perspective, the outlook is just as strong—if not even more exciting. Thanks to the rare beachfront setting, the very limited supply of sea-facing apartments across Dubai, and starting prices from around AED 2.16 million, investors can reasonably expect property appreciation in the range of 30% to 40% by 2030, depending on when they enter the project and which unit they choose.
Keep in mind, this area is surrounded by major infrastructure developments—like new cruise terminals, marine academies, luxury shopping zones, and landscaped waterfront promenades. As all of these come online, Dubai Maritime City is widely expected to emerge as one of the most prestigious addresses in the city.
In simple terms, Chelsea Residences by DAMAC is not just a beautiful home—it is a future-focused investment that has been designed to deliver solid rental yields, excellent resale potential, and ownership along one of the UAE’s most iconic coastlines. Whether you are thinking about leasing it out, selling at a profit later on, or holding it long-term, everything here points to a very compelling financial story.
Golden Visa & Foreign Ownership
One of the biggest advantages of investing in Chelsea Residences by DAMAC is how it opens the door to UAE Golden Visa eligibility and 100% foreign ownership, making it incredibly appealing for international investors and non-resident buyers.
If you are an overseas buyer considering Dubai real estate, you will be glad to know that Chelsea Residences sits within a designated freehold zone. This means you can own your apartment outright with a full title deed registered in your name—exactly the same rights as a UAE national. There are no restrictions based on nationality, and your ownership is permanent, renewable, and fully transferrable. This gives you complete peace of mind and strong legal protection.
Even more exciting, if your investment here is AED 2 million or more, you automatically become eligible to apply for the prestigious UAE Golden Visa. This long-term residency visa is valid for up to 10 years and allows you to live in the UAE while sponsoring your spouse, children, and even domestic staff. It is a fantastic option if you are thinking of making Dubai your second home or establishing a base in the region for the long term.
The Golden Visa comes with a host of benefits. You will have access to Dubai’s world-class healthcare and education systems, efficient banking, and a business-friendly environment that makes managing your affairs effortless. Plus, with no property taxes, no capital gains taxes, and no annual ownership fees, owning here becomes a very tax-efficient decision for international buyers.
In short, buying a home at Chelsea Residences by DAMAC is much more than just a lifestyle upgrade—it is a smart, strategic move that gives you the chance to secure residency in one of the most secure, stable, and globally connected cities anywhere in the world. Whether you are an investor looking for steady rental income or a family seeking freedom, flexibility, and long-term security, this project offers you a truly privileged way to call Dubai home.
Virtual Tour & Gallery
About DAMAC Properties
DAMAC Properties is one of the most iconic and trusted names in luxury real estate, not just in Dubai, but across the Middle East and internationally. Since its inception in 2002, DAMAC has redefined the skyline of Dubai with its bold architectural vision, world-class developments, and an unwavering commitment to quality and excellence. From stunning residential towers to integrated communities and branded residences, DAMAC has delivered over 42,000 luxury homes to discerning buyers and investors around the globe.
The developer is best known for creating homes that go beyond expectations — homes that combine elegant design, modern technology, and resort-style living in prime locations. Whether it’s the glamour of DAMAC Hills, the innovation behind DAMAC Lagoons, or the international appeal of Cavalli and de GRISOGONO branded residences, every DAMAC property reflects the group’s core philosophy of offering a lifestyle that is both aspirational and attainable.
DAMAC also stands out for its collaboration with some of the world’s most prestigious brands, including Versace, Cavalli, Fendi, de GRISOGONO, Paramount Hotels, and The Trump Organization — delivering residences that merge design, fashion, and luxury into everyday living.
Beyond the aesthetics and luxury, what truly sets DAMAC apart is its track record of delivery, strong after-sales service, and commitment to investor satisfaction. Buyers and investors from over 100 countries trust DAMAC not just for its product quality but also for its transparency, innovation, and ability to consistently create high-ROI assets in Dubai’s most sought-after locations.
With the launch of DAMAC Sea Crest in Dubai Maritime City, the brand once again affirms its vision of delivering seafront living that’s not just about lifestyle, but about long-term investment value. Backed by two decades of excellence, DAMAC continues to shape the future of luxury real estate — one landmark at a time.
Target Audience Who Are Buying This Project
The above image shows the target audience of DAMAC Maritime project in Dubai. Here we are looking at a very unique and highly qualified group of individuals who are deeply connected to the lifestyle, economy and future of Dubai. Because Sea Crest is located in Dubai Maritime City, one of the most strategically planned waterfront developments in the UAE, it naturally appeals to professionals and families who either work in or are directly linked to the maritime, trade, tourism, and business ecosystems of the city.
Many of our buyers come from the maritime and trading sectors — engineers, managers, technicians, and specialists who are involved in Dubai’s global port and logistics operations. The project is especially appealing to senior professionals and employees from Dubai Drydocks, staff of shipping companies, freight forwarders, classification societies, marine insurance firms, and maritime law firms. These individuals not only value the location for its convenience but also for the lifestyle it offers just minutes from their workspaces.
We also have strong interest from those working with Dubai Maritime City Authority (DMCA) — including international staff and visiting maritime delegations. Since the city is being positioned as a hub for maritime governance and innovation, the proximity of Sea Crest makes it a natural choice for this community.
On the leisure and tourism side, the Port Rashid and cruise industry professionals are also part of our core audience. That includes cruise terminal staff, the QE2 floating hotel personnel, marina crew, and yacht charter teams. Even cruise passengers who plan extended stays in Dubai see Sea Crest as a luxurious short-term investment or vacation home — somewhere they can come back to again and again.
Then we have the broader commercial audience — those working in Old Dubai’s trading districts, from banks and textile traders to wholesalers, consultants, and tourism-related professionals. These are people who may not necessarily work in the maritime field but want to live in a waterfront community with premium amenities and easy access to both business hubs and leisure zones.
We’re also seeing consistent demand from the DIFC and Downtown white-collar professionals — individuals who want a prestigious address by the sea while working in the city’s financial and corporate core. The lifestyle Sea Crest offers is a significant upgrade for them — more space, more serenity, and more prestige.
Finally, the project is also attractive to residents who are part of Dubai’s nearby infrastructure zones and freezones, including employees from DWTC, One Za’abeel, Dubai Healthcare City, and DAFZA. Not to mention, many local UAE nationals and long-time Dubai residents are showing interest in DAMAC Sea Crest as both an upgrade from their current homes and a long-term investment asset in a fast-appreciating location.
So whether you’re connected to maritime operations, business in Old Dubai, luxury tourism, or simply someone who values a waterfront lifestyle in a globally connected city — DAMAC Sea Crest has something exceptional to offer you.
CHELSEA Residence Interior
How to Buy CHELSEA APARTMENTS IN DUBAI?
Documents Required to buy Chelsea Apartments
Buying a home or making an investment in DAMAC Sea Crest is not just simple — it’s also transparent and secure. Whether you’re based in Dubai, the GCC, or anywhere else in the world, we make the process smooth by keeping the documentation requirements minimal and straightforward.
Let me walk you through exactly what you’ll need:
For UAE Residents:
If you are a resident living in the UAE (whether Emirati or expat), here’s what you’ll need:
- A valid Emirates ID
- A copy of your passport (with residency visa page)
- Your proof of address (can be DEWA bill, tenancy contract, or bank statement)
- Tax ID or NOC from employer if financing (in case of bank mortgage)
- Your filled KYC form (provided by DAMAC)
If you’re buying jointly with a spouse or family member, you’ll also need their documentation and a relationship proof (like a marriage certificate).
For International Buyers (Non-UAE Residents):
If you live outside the UAE and are planning to invest in DAMAC Sea Crest from abroad, you’ll only need a few key documents:
- A copy of your passport (valid for at least 6 months)
- A proof of address from your home country (such as a recent utility bill or bank statement)
- Your Tax Identification Number (TIN) or National ID (required for KYC)
- Completed Buyer Information / KYC Form (we’ll send this via email)
- A source of funds declaration (only if required by regulatory checks)
That’s all — you don’t need to fly to Dubai just to complete your booking. Everything can be done remotely through email, scanned documents, and online bank transfers.
For Corporate Buyers / Business Entities:
If you’re planning to purchase the property under your company’s name, here’s what we’ll need:
- A copy of the Trade License / Certificate of Incorporation
- Memorandum & Articles of Association (MOA)
- Passport copies of the authorized signatory/director(s)
- Board Resolution or Power of Attorney authorizing the purchase
- Company address and contact information
- Completed Corporate KYC Form
We also offer assistance if your company is registered outside the UAE and you’re looking to structure the deal smartly.
Future of DAMAC Hills Baghdad
High Rental Yields
safe Community
Top Healthcare
Best Amenities
Why you should invest in Chelsea Residences Dubai
High Rental Yields
safe Community
Top Healthcare
Best Amenities
Frequently Asked Questions
DAMAC Chelsea Residences is our latest luxury seafront residential project located in Dubai Maritime City, one of Dubai’s most prestigious waterfront masterplans. It’s strategically situated between Port Rashid and Dubai Drydocks, offering uninterrupted views of the Arabian Gulf and quick access to Downtown Dubai, DIFC, and the airport.
At DAMAC Chelsea Dubai, we are offering a premium range of 1, 2, and 3-bedroom sea-facing apartments. These units are thoughtfully designed with expansive layouts, private balconies, elegant finishes, and panoramic ocean views. Unit sizes range from approximately 780 to 2,040 sq. ft.
The starting price for 1-bedroom apartments is AED 2.16 million, 2-bedrooms from AED 3.10 million, and 3-bedroom residences begin at AED 4.77 million. These prices reflect the value of beachfront living, luxury design, and resort-style amenities — all in one of Dubai’s most anticipated coastal communities.
Chelsea Residential project is designed to feel like a private resort. Residents will enjoy a beautiful Infinity Sand Pool, private coral beach, aqua-inspired gym, starlit wellness centre, healthy gourmet dining, kids’ play areas, concierge services, and more. It’s a lifestyle upgrade in every sense.
Yes, absolutely. DAMAC Properties Chelsea Residences is a 100% freehold development, and foreign nationals can buy, own, and resell the property with full title deed rights. Whether you’re an end-user or an overseas investor, this project is fully open to international buyers.
Yes, it is. If your property investment is AED 2 million or more, you are eligible to apply for the UAE 10-Year Golden Visa. This visa allows you to live in the UAE with long-term residency and sponsor your spouse, children, and even domestic staff.
Based on market trends and our internal forecasts, you can expect rental yields of 7%–10% annually, especially if you opt for holiday home rentals. Over the next few years, we anticipate capital appreciation of 30%–40%, thanks to the prime location and Dubai Maritime City development roadmap.
The project is currently in its pre-launch and early construction stage, and we’re targeting handover by Q4 2029. DAMAC is known for timely delivery, and construction updates will be shared regularly through our client portal.
We offer flexible payment plans to suit both cash buyers and financed investors. Typically, you can secure your unit with a 20% down payment, followed by construction-linked installments, and in some cases, post-handover payment plans are available. We’ll help you structure it based on your preferences.
Booking is simple. Just get in touch with our sales team. We will help you select the best available unit, walk you through the price list, floor plans, and payment options. To reserve your apartment, you will need to submit an Expression of Interest (EOI) and a token amount. From there, we will complete your Sales Agreement, collect your documents, and officially secure your home.
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