Chelsea Residences 2 by Damac, Dubai Maritime City: Prices, Rents and Recent Sales

Updated 4 October 2026 · Source: Dubai Land Department records · All Dubai area guides

How much does it cost to buy or rent in Chelsea Residences 2 by Damac?

The most recent sale DLD has recorded in Chelsea Residences 2 by Damac was a 1-bedroom for AED 2,510,640 on 30 September 2026. The latest 10 sales, all from the past 6 months, had a median of AED 3,208 per sq ft.

Source: DLD-recorded sales and Ejari contracts for Chelsea Residences 2 by Damac, Madinat Dubai Almelaheyah. "6 months" and "12 months" mean the 6 and 12 months to the latest data.

Chelsea Residences 2 by Damac brochure and floor plans

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Recent sales in Chelsea Residences 2 by Damac

The latest DLD-recorded sales, newest first. Share transfers and data errors are filtered out by the DLD API.

Prices and rents by bedroom in Chelsea Residences 2 by Damac

Over the past 6 months, a typical 1-bedroom in Chelsea Residences 2 by Damac sold for AED 2,930,965.

Sale prices

Sale prices: median of DLD-recorded sales of each type in the 6 and 12 months to 7 October 2026 (at least 3 sales). * Busy building: median of the latest 10 sales, all inside that period. Rents: median of Ejari contracts registered in each period (at least 5), matched to each type by the building's registered unit sizes. Gross yield is annual rent divided by the sale price for the same period, before service charges and other costs. – means too few records in that period, or a figure still being compiled.

How prices have moved around Chelsea Residences 2 by Damac

The median price per sq ft across Dubai Maritime City went from AED 2,496 in Q4 2024 to AED 3,078 in Q3 2026, up 23.3%, and up 1.2% on the same quarter a year earlier. Recent sales in Chelsea Residences 2 by Damac averaged AED 3,208 per sq ft, 4.2% above the district.

District figures: DLD-recorded sales across Madinat Dubai Almelaheyah, quarters with at least 10 sales. A building-level chart replaces this once enough quarterly data is loaded.

How Chelsea Residences 2 by Damac compares with Dubai Maritime City

Recent sales here ran in line with the Dubai Maritime City median of AED 3,200 per sq ft in September 2026. The district's gross rental yield was 3.6% in the same report. Chelsea Residences 2 by Damac is by Damac Crest Development, and DLD recorded 627 sales in the project over the past 24 months. DLD lists 3 buildings under this project name, and the figures on this page combine them.

Market reports

For the wider picture, read our monthly reports built from the same DLD records.

• Dubai market report, August 2026: Prices firm as volume slips in August. A pause, or a turn?

Before you buy in Chelsea Residences 2 by Damac

• Ask for the service charge per sq ft and the last two years of statements.
• Check whether the unit is ready or off-plan. For off-plan, get the handover date and payment plan in writing.
• Compare the asking price with recorded sales in the same building, not just the area median.
• Get mortgage pre-approval before you make an offer, so you know your real budget.

Questions buyers and owners ask

How much is an apartment in Chelsea Residences 2 by Damac?

1-bedrooms sold at a median of AED 2,930,965 over the past 6 months; 2-bedrooms sold at a median of AED 4,966,800 over the past 6 months (AED 4,803,595 over 12 months); 3-bedrooms sold at a median of AED 5,596,000 over the past 12 months, based on DLD-recorded sales.

Who developed Chelsea Residences 2 by Damac?

Damac Crest Development, according to the DLD project register.

Which area is Chelsea Residences 2 by Damac in?

DLD records it in Madinat Dubai Almelaheyah, the district that covers Dubai Maritime City.

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