Chelsea Residences 2 By Damac, Madinat Dubai Almelaheyah

Sold Prices · DLD Data

Chelsea Residences 2 By Damac

Madinat Dubai Almelaheyah, Dubai · Dubai Maritime City

AED 3,194

Avg Price / sqft

AED 3.0M

Avg Sale Price

140

DLD Sales Recorded

2.3%

Est. Gross Yield

View listings Explore Dubai Maritime City

Market snapshot

Chelsea Residences 2 By Damac — the numbers

Chelsea Residences 2 By Damac is a residential building in Madinat Dubai Almelaheyah, Dubai with approximately 958 units. Dubai Land Department records show 140 sales in the building, at an average price of AED 3.0M — around AED 3,194 per square foot.

Since January 2026, 140 sales completed in Chelsea Residences 2 By Damac, with the average price per square foot moving from AED 3,240 to AED 3,134 (-3.3%). That softening can open negotiating room for buyers.

Benchmarked against average residential rents in Madinat Dubai Almelaheyah, a typical unit in Chelsea Residences 2 By Damac returns an estimated 2.3% gross rental yield before service charges — a useful starting point for investors comparing towers across Madinat Dubai Almelaheyah.

Figures are from Dubai Land Department transaction records for Chelsea Residences 2 By Damac; individual units vary by floor, view and finish. Gross yield is estimated against average Madinat Dubai Almelaheyah residential rents, before service charges.

Price trend

Price trend in Chelsea Residences 2 By Damac

Average sale price per sqft by month since January 2026-3.3%

3,0113,1093,207Jan 26: AED 3,240/sqft · 20 salesJan 26Feb 26: AED 3,220/sqft · 36 salesMar 26: AED 3,221/sqft · 29 salesMar 26Apr 26: AED 3,192/sqft · 23 salesMay 26: AED 3,200/sqft · 8 salesMay 26Jun 26: AED 3,029/sqft · 7 salesJul 26: AED 2,978/sqft · 6 salesJul 26Aug 26: AED 3,205/sqft · 7 salesSep 26: AED 3,134/sqft · 4 salesSep 26

Unit types

Prices by unit type

1 Bed

AED 2.7M

AED 3,235/sqft

123 sales · last 12 months

2 Bed

AED 5.0M

AED 2,979/sqft

12 sales · last 12 months

3 Bed

AED 5.6M

AED 2,715/sqft

5 sales · last 12 months

Transactions

Recent sold prices

DateTypeBedsSize (sqft)PriceAED/sqft
30 Sept 2026Sales1774AED 2.5MAED 3,242
25 Sept 2026Sales1921AED 2.9MAED 3,202
22 Sept 2026Sales21,659AED 5.0MAED 2,986
11 Sept 2026Sales1774AED 2.4MAED 3,107
26 Aug 2026Sales1921AED 3.0MAED 3,215
21 Aug 2026Sales1777AED 2.4MAED 3,111
21 Aug 2026Sales21,158AED 3.4MAED 2,970
11 Aug 2026Sales1921AED 3.0MAED 3,248
10 Aug 2026Sales1894AED 3.0MAED 3,409
06 Aug 2026Sales1776AED 2.5MAED 3,244
04 Aug 2026Sales1921AED 3.0MAED 3,241
24 Jul 2026Sales21,663AED 5.0MAED 3,007
24 Jul 2026Sales11,001AED 2.9MAED 2,910
23 Jul 2026Sales1921AED 2.7MAED 2,979
17 Jul 2026Sales21,663AED 5.0MAED 2,994
14 Jul 2026Sales11,001AED 2.8MAED 2,791
02 Jul 2026Sales1774AED 2.5MAED 3,189
19 Jun 2026Sales11,002AED 3.2MAED 3,178
18 Jun 2026Sales1776AED 2.7MAED 3,483
17 Jun 2026Sales11,002AED 3.0MAED 2,981

About the area

Chelsea Residences 2 By Damac is in Dubai Maritime City

Dubai Maritime City is an innovative mixed-use development that blends residential, commercial, and recreational spaces, all set against a stunning waterfront backdrop. Strategically positioned between Port Rashid and Dubai Dry Docks, the community is particularly appealing to professionals, families, and investors seeking a modern coastal lifestyle with robust connectivity to the broader Dubai area.

Explore the Dubai Maritime City area guide

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FAQ

Chelsea Residences 2 By Damac: frequently asked questions

What is the average price in Chelsea Residences 2 By Damac?

The average recorded sale price in Chelsea Residences 2 By Damac, Madinat Dubai Almelaheyah is AED 3.0M, around AED 3,194 per square foot, based on Dubai Land Department transaction data.

Are prices in Chelsea Residences 2 By Damac going up or down?

Average sale prices in Chelsea Residences 2 By Damac have eased -3.3% per square foot since January 2026, across 140 DLD-recorded sales.

What rental yield can I expect in Chelsea Residences 2 By Damac?

Based on average Madinat Dubai Almelaheyah residential rents against sale prices in the building, a typical unit in Chelsea Residences 2 By Damac yields roughly 2.3% gross per year, before service charges and fees.

How many properties have sold in Chelsea Residences 2 By Damac?

140 sales have been recorded in Chelsea Residences 2 By Damac according to DLD data, across approximately 958 units.

Considering Chelsea Residences 2 By Damac?

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