DAMAC Unveils Final Chelsea Residences Tower at DAMAC Lagoons
DAMAC Properties has announced the launch of the sixth and final tower within its Chelsea Residences collection, offering sea-view apartments at the DAMAC Lagoons master community.
DAMAC Properties has officially launched the last tower in its highly anticipated Chelsea Residences collection, marking a significant milestone for the developer's DAMAC Lagoons master community. This new phase introduces exclusive sea-view apartments, starting from a price point of $697,000 (approximately AED 2.56 million) for units spanning 827 square feet.
The Chelsea Residences form a crucial part of the broader DAMAC Lagoons development, which aims to create a Mediterranean-inspired lifestyle within Dubai. The previous five towers in the collection have reportedly seen strong demand, leading to this final release to complete the residential offering in this specific cluster.
These new apartments are designed to appeal to both end-users seeking premium living spaces and investors looking for assets with potential capital appreciation and rental yield. The emphasis on sea views, combined with the comprehensive amenities typical of a DAMAC master community, positions these units as desirable options in Dubai's competitive property market.
The launch signifies DAMAC's continued commitment to expanding its portfolio within Dubai and catering to diverse market segments. The successful rollout of the Chelsea Residences, culminating in this final tower, reflects ongoing developer confidence in the city's real estate trajectory and the appeal of themed, master-planned communities.
Questions, answered
- What has DAMAC Properties launched?
- DAMAC Properties has launched the sixth and final tower within its Chelsea Residences collection at the DAMAC Lagoons master community.
- What type of properties are available in the new tower?
- The new tower offers sea-view apartments. These units are part of the Chelsea Residences collection within DAMAC Lagoons.
- What is the starting price and size of the apartments?
- The sea-view apartments start from $697,000 (approximately AED 2.56 million) and have a minimum size of 827 square feet.
- Where is the new tower located?
- The tower is located within the DAMAC Lagoons master community in Dubai, as part of the Chelsea Residences collection.
This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.