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Project profile

Chelsea Residences 2 by DAMAC Project · Dubai Maritime City · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: DAMAC Crest Development

Registered salesLast 12 months
245
Median off-plan pricePer sq ft
AED 3,203
Construction progressDLD end date Dec 2029
5.4%

Data to 4 November 2026

Dubai Land Department lists the project as under construction, 5.4% complete, with a DLD end date of 31 December 2029. In the last 12 months, Dubai Land Department registered 245 sales in Chelsea Residences 2 by DAMAC, worth AED 714.5M in total. The median off-plan price was 3,203 AED/sqft.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.

Abstract illustration, not an architectural rendering

A project, in progress.

Construction progress5.4%

Under construction

Start
29 September 2025
DLD end date
31 December 2029
Units
958
Buildings
3

DLD progress 5.4% (register read on 1 November 2026); 26% of the registered period (29 September 2025 to 31 December 2029) has passed. How this is worked out

Launch and latest registrations.

Launch priceFirst 90 days from Jul 2025, 494 home sales
AED 3,174
Last 12 months245 home sales
AED 3,203
ChangeSame home types, AED/sqft
+0.2%

Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.

Chelsea Residences 2 by DAMAC registered prices, over time.

Median registered price, AED per sq ft

Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Off-plan (registered sales)
Jul 2025 3,129 AED/sqft 123 sales
Aug 2025 3,215 AED/sqft 139 sales
Sep 2025 3,174 AED/sqft 217 sales
Oct 2025 3,214 AED/sqft 130 sales
Nov 2025 3,186 AED/sqft 89 sales
Dec 2025 3,259 AED/sqft 35 sales
Jan 2026 3,188 AED/sqft 20 sales
Feb 2026 3,219 AED/sqft 36 sales
Mar 2026 3,174 AED/sqft 26 sales
Apr 2026 3,294 AED/sqft 27 sales
May 2026 3,166 AED/sqft 8 sales
Jun 2026 2,995 AED/sqft 7 sales
Jul 2026 2,979 AED/sqft 6 sales
Aug 2026 3,241 AED/sqft 7 sales
Sep 2026 — 4 sales
Oct 2026 — 2 sales

What does each home type sell and rent for in Chelsea Residences 2 by DAMAC?

  • Apartment · 1 bed

    Median price, all sales
    AED 2.7M
    AED/sqft
    3,219
    Sales
    219
  • Apartment · 2 beds

    Median price, all sales
    AED 4.7M
    AED/sqft
    2,856
    Sales
    20
  • Apartment · 3 beds

    Median price, all sales
    AED 5.6M
    AED/sqft
    2,721
    Sales
    6

Last 12 months. Prices are medians of at least 5 registered sales, ready and off-plan together.

Service charges.

In the area report.

The Dubai Maritime City area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Dubai Maritime City area report

Explore the towers.

The latest registered sales in Chelsea Residences 2 by DAMAC.

  • 26 Oct 2026

    Apartment3 bedsOff-plan2,045 sqft

    Tower-A

    AED 5,690,0002,782 AED/sqft

  • 23 Oct 2026

    Apartment1 bedOff-plan1,001 sqft

    Tower-B

    AED 3,132,0003,129 AED/sqft

  • 30 Sep 2026

    Apartment1 bedOff-plan774 sqft

    Tower-C

    AED 2,510,6403,244 AED/sqft

  • 25 Sep 2026

    Apartment1 bedOff-plan921 sqft

    Tower-B

    AED 2,949,2103,202 AED/sqft

  • 22 Sep 2026

    Apartment2 bedsOff-plan1,659 sqft

    Tower-A

    AED 4,955,0402,987 AED/sqft

  • 11 Sep 2026

    Apartment1 bedOff-plan774 sqft

    Tower-C

    AED 2,406,3503,109 AED/sqft

  • 26 Aug 2026

    Apartment1 bedOff-plan921 sqft

    Tower-B

    AED 2,961,0003,215 AED/sqft

  • 21 Aug 2026

    Apartment2 bedsOff-plan1,158 sqft

    Tower-A

    AED 3,439,6802,970 AED/sqft

  • 21 Aug 2026

    Apartment1 bedOff-plan777 sqft

    Tower-C

    AED 2,416,8003,110 AED/sqft

  • 12 Aug 2026

    Apartment1 bedOff-plan921 sqft

    Tower-B

    AED 2,992,0003,249 AED/sqft

Questions about Chelsea Residences 2 by DAMAC

What is the price per sq ft in Chelsea Residences 2 by DAMAC?

In the 12 months to 4 November 2026, the median registered off-plan sale price was 3,203 AED/sqft.

How many homes were sold in Chelsea Residences 2 by DAMAC in the last 12 months?

In the last 12 months, Dubai Land Department registered 245 sales in Chelsea Residences 2 by DAMAC, worth AED 714.5M in total. The median off-plan price was 3,203 AED/sqft. Registered sales to 4 November 2026.

When is Chelsea Residences 2 by DAMAC due to be completed?

Dubai Land Department lists the project as under construction, 5.4% complete, with a DLD end date of 31 December 2029. An end date is the date in the DLD register, not a handover forecast.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

Developer's image · DAMAC Properties

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