Palm JumeirahAED 3,625/sqftCity WalkAED 3,268/sqftDubai Maritime CityAED 3,078/sqftDowntown DubaiAED 2,953/sqftDubai MarinaAED 2,836/sqftDubai IslandsAED 2,748/sqftBusiness BayAED 2,620/sqftDubai Creek HarbourAED 2,588/sqftDubai Hills EstateAED 2,444/sqftJumeirah Lakes TowersAED 2,229/sqftMohammed Bin Rashid CityAED 2,097/sqftAl JaddafAED 2,051/sqftJumeirah Village TriangleAED 1,673/sqftDubai SouthAED 1,630/sqftArjanAED 1,608/sqftJumeirah Village CircleAED 1,511/sqftDubai Sports CityAED 1,336/sqftPalm JumeirahAED 3,625/sqftCity WalkAED 3,268/sqftDubai Maritime CityAED 3,078/sqftDowntown DubaiAED 2,953/sqftDubai MarinaAED 2,836/sqftDubai IslandsAED 2,748/sqftBusiness BayAED 2,620/sqftDubai Creek HarbourAED 2,588/sqftDubai Hills EstateAED 2,444/sqftJumeirah Lakes TowersAED 2,229/sqftMohammed Bin Rashid CityAED 2,097/sqftAl JaddafAED 2,051/sqftJumeirah Village TriangleAED 1,673/sqftDubai SouthAED 1,630/sqftArjanAED 1,608/sqftJumeirah Village CircleAED 1,511/sqftDubai Sports CityAED 1,336/sqft
DLD · MEDIAN 12M TO JUL 2026

Dubai Land Department register

CHELSEA RESIDENCES 2 BY DAMAC

Registered, not startedDubai Maritime CityCompletion on file Dec 2029

958 homes on the DLD register in Madinat Dubai Almelaheyah, filed by DAMAC CREST DEVELOPMENT L.L.C. 588 sales have been registered against it between 28 Apr 2025 and 6 Aug 2026.

Construction completeRegistered, not started

As recorded by DLD's project register at 15 Jun 2026. An inspector's last visit, so it lags the site.

Developer entityDAMAC CREST DEVELOPMENT L.L.C
Area (DLD)Madinat Dubai Almelaheyah
StatusRegistered, not started
Homes958
Registered sales588
Project registry

WHAT DLD HAS ON RECORD

Registry as at 15 Jun 2026
Registered developer entityDAMAC CREST DEVELOPMENT L.L.C
Area (DLD)Madinat Dubai Almelaheyah
Master communityDubai Maritime City
Project statusRegistered, not started
Construction progress0.00% complete
Homes registered958
Buildings3
Registered start29 Sep 2025
Registered completion date31 Dec 2029
DLD project number3743
Description as recorded by DLD

Project consists of G+2P+33 Floors(Tower A) + 30Floors(Tower B) + 33 Floors(Tower C) + Roof, residential building located in Dubai Maritime City, Dubai.The building are designed to have a concrete structure and block with internal and external finishes.

Reproduced from the register verbatim, including its own abbreviations. It is the developer’s filed description, not our assessment of the project.

Source: Dubai Land Department project register, as recorded at 15 Jun 2026. “Registered completion date” is the completion date on file at DLD; it is a date on record, not a guarantee of handover, and where that date has already passed it means only that the register has not been updated, not that the project handed over. DLD does not publish a cancelled status for projects. Homes counted as registered apartments plus registered villas. Figures on this panel are the registry’s, and are stated as at a different date from the transaction figures elsewhere on the page. Registered completion: Dec 2029.

Registered sales

WHAT HAS ACTUALLY BEEN PAID HERE

DLD register · as at 6 Aug 2026

588 sales were registered against CHELSEA RESIDENCES 2 BY DAMAC between 7 Jul 2025 and 24 Jul 2026 — a span of 12 months. Those are completed registrations at the Dubai Land Department, not asking prices or listings.

Median AED/sqft
3,195
Across 588 registered sales
Median price
AED 2.58m
Median size 776 sqft
Registered sales
588
28 Apr 2025 to 6 Aug 2026
Vs area median
+2.8%
Madinat Dubai Almelaheyah: 3,109 AED/sqft, 3,247 sales, off-plan only, 12 months to 6 Aug 2026

The two figures behind that percentage are not drawn on the same population. This project’s median covers every registration type across the whole register we hold (28 Apr 2025 to 6 Aug 2026). The area figure covers off-plan only in Madinat Dubai Almelaheyah over the 12 months to 6 Aug 2026, pooled on the transaction register’s own area name, which does not always match the project register’s name shown above. Unit mix, floor level, view and use class are not controlled for on either side. Read it as an indication of where this project sits in its area, not as a like-for-like comparison.

Median AED/sqft by quarter
3,180Q3 2025n=2923,216Q4 2025n=1503,219Q1 2026n=983,172Q2 2026n=42

Q3 2025 median 3,180 AED/sqft over 292 sales; Q2 2026 median 3,172 AED/sqft over 42 sales — a change of -0.3% between those two quarters. Unit mix, floor level and view are not controlled for, so this is not a like-for-like comparison of the same unit.

Only quarters that reached 20 registered sales are plotted, and points are spaced evenly rather than by date. A quarter that fell below the floor is absent from the line rather than drawn as a gap, so the line is not a continuous record of every quarter in the window. Where it stops short of 6 Aug 2026, no later quarter cleared the floor.

By unit size
TypeSalesMedian sizeMedian AED/sqft
1 bedroom517776 sqft3,213
2 bedrooms511,656 sqft3,005
3 bedrooms202,045 sqft2,901

A median is shown only where the band reached 5 registered sales and the project itself cleared the 10-sale floor; otherwise the count stands on its own and the median is left blank. Where a project is below that floor, a band median would be the project median under a different heading.

First sale vs resale
Registration typeSalesMedian AED/sqft
Off-plan (first sale from developer)5883,195
Existing (resale)0

DLD splits registrations into off-plan and existing. The two are not directly comparable: an off-plan registration is a launch-price contract, an existing registration is a completed unit changing hands. Where both appear, the gap between them reflects that difference as much as any movement in value. A median is shown on each side only where the band reached 5 registered sales and the project itself cleared the 10-sale floor — below that floor the counts stand alone, because where every sale falls on one side its median is the project median restated.

Buildings in the register
BuildingSales
CHELSEA RESIDENCES 2 BY DAMAC TOWER-C235
CHELSEA RESIDENCES 2 BY DAMAC TOWER-B162
CHELSEA RESIDENCES 2 BY DAMAC TOWER-A125
The last 12 registrations to 6 Aug 2026
DateTypeUnitSizePriceAED/sqft
24 Jul 2026Off-plan2 bedrooms1,663 sqftAED 4,999,0003,007
24 Jul 2026Off-plan1 bedroom1,001 sqftAED 2,912,7202,910
23 Jul 2026Off-plan1 bedroom921 sqftAED 2,743,4402,979
17 Jul 2026Off-plan2 bedrooms1,663 sqftAED 4,978,5602,994
14 Jul 2026Off-plan1 bedroom1,001 sqftAED 2,794,0002,791
2 Jul 2026Off-plan1 bedroom774 sqftAED 2,469,1503,189
19 Jun 2026Off-plan1 bedroom1,002 sqftAED 3,183,0003,178
18 Jun 2026Off-plan1 bedroom776 sqftAED 2,704,0003,483
17 Jun 2026Off-plan1 bedroom1,002 sqftAED 2,986,0602,981
17 Jun 2026Off-plan1 bedroom1,002 sqftAED 2,881,2002,876
11 Jun 2026Off-plan1 bedroom1,001 sqftAED 3,012,5703,009
10 Jun 2026Off-plan1 bedroom1,001 sqftAED 2,997,7202,995

Basis: Dubai Land Department transaction register, arm’s-length sales of units and villas only. Gifts, mortgage registrations, zero-price rows, land plots and whole-building transfers are excluded, as are AED/sqft values outside 10020,000. Figures are medians, not averages. The register we hold runs from 28 Apr 2025 to 6 Aug 2026; 28 Apr 2025 is the earliest date in our copy of the register, not the date this project started selling, so the counts above are of sales registered in that window rather than since launch. This page is a dated extract taken on 7 Aug 2026, not a live query. Past registered prices are evidence of what has been paid, not a forecast of future value.

Location

WHAT THE REGISTER RECORDS NEARBY

Nearest metroAl Ghubaiba Metro Station
Nearest mallDubai Mall
Nearest landmarkBurj Khalifa

These are the values DLD records against this project’s own registered sales, not a distance we measured. Where a project’s sales disagree, the most frequently recorded value is shown.

Next step

ASK US ABOUT CHELSEA RESIDENCES 2 BY DAMAC

This page is the public register. What it cannot tell you is what is available now, at what price, on what payment terms, and how the specific unit compares with the ones already registered. Tell us your budget and objective and we will come back with the current position.

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