Chelsea Residences 2 By Damac
Data through 22 Oct 2026 · DLD project registry and registered sales · trailing 12 months Oct 2025 – Sep 2026 · rebuilt daily
Chelsea Residences 2 By Damac is a project by Damac Crest Development L.L.C, recorded at 5% complete at its last Dubai Land Department inspection. 394 sales registered in the trailing 12 months at a median AED 2.63M (3 203 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.
Source: Registered DLD transactions · Data through 22 Oct 2026 · sample 394 records · outlier-trimmed median, complete months only · Methodology v1.0 ↗
What the DLD registry says about this project
| Field | Value | Provenance |
|---|---|---|
| Developer | Damac Crest Development L.L.C | DLD verified |
| Status | Active | DLD verified |
| Construction progress | 5% — at the last DLD inspection | DLD verified |
| Registered with DLD | 12 May 2025 | DLD verified |
| Construction started | 29 Sep 2025 | DLD verified |
| Declared completion | 31 Dec 2029 — registry date, not a handover promise | DLD verified |
| Units in the project | 958 | DLD verified |
| Project area | 83 443 sqm | DLD verified |
| Escrow agent | Abu Dhabi Commercial Bank | DLD verified |
| Project number | 3743 | DLD verified |
Source: DLD project registry (Mashrooi) · Data through 22 Oct 2026 · registry fields as recorded, not developer marketing · Methodology v1.0 ↗
Price per square foot, month by month
median interquartile range (middle 50% of transactions)
Source: Registered DLD transactions · Data through 22 Oct 2026 · monthly medians, months with fewer than 5 registered sales are left blank; the line stops at Aug 2026: in the 1 months since, no month reached the five registered sales a median needs (4 in total) · Methodology v1.0 ↗
Construction, inspection by inspection
The DLD registry holds 4 technical inspections for this project, from 5 May 2025 at 0.0% to 6 Aug 2026 at 5.4%. Since 5 May 2025 the recorded percentage has moved 0.36 percentage points a month. Inspections are irregular and the percentage is what was recorded at each one, not a live measure of the site.
each dot is one DLD technical inspection; the line between two of them is drawn, not measured; the dashed mark is the completion date declared in the registry
| Inspection | Recorded | Change |
|---|---|---|
| 6 Aug 2026 | 5.4% | +4.8 pp |
| 9 Apr 2026 | 0.7% | +0.6 pp |
| 5 Nov 2025 | 0.0% | +0.0 pp |
| 5 May 2025 | 0.0% | — |
Source: DLD project registry (Mashrooi) — technical inspections · Data through 22 Oct 2026 · percentage as recorded at each inspection; inspections are irregular, and an unchanged value means no new inspection, not that work stopped · Methodology v1.0 ↗
The same figures as a table
| Month | Sales | Median price | Median AED/sqft | IQR AED/sqft |
|---|---|---|---|---|
| Aug 2026 | 7 | AED 2.98M | 3 241 | 3 163 – 3 246 |
| Jul 2026 | 6 | AED 2.85M | 2 986 | 2 927 – 3 003 |
| Jun 2026 | 7 | AED 3.00M | 2 995 | 2 929 – 3 094 |
| May 2026 | 8 | AED 2.68M | 3 174 | 3 041 – 3 421 |
| Apr 2026 | 26 | AED 2.79M | 3 289 | 2 979 – 3 423 |
| Mar 2026 | 26 | AED 2.87M | 3 180 | 3 086 – 3 472 |
| Feb 2026 | 36 | AED 2.56M | 3 219 | 3 202 – 3 351 |
| Jan 2026 | 20 | AED 2.67M | 3 223 | 3 038 – 3 467 |
| Dec 2025 | 35 | AED 2.67M | 3 261 | 3 041 – 3 436 |
| Nov 2025 | 89 | AED 2.52M | 3 188 | 3 020 – 3 271 |
| Oct 2025 | 130 | AED 2.57M | 3 205 | 3 022 – 3 340 |
| Sep 2025 | 217 | AED 2.52M | 3 173 | 3 054 – 3 293 |
| Aug 2025 | 139 | AED 2.55M | 3 214 | 3 067 – 3 339 |
Source: Registered DLD transactions · Data through 22 Oct 2026 · complete months only; the current month is excluded because DLD keeps registering it · Methodology v1.0 ↗
By number of bedrooms
| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| 1-bedroom apartments | 350 | AED 2.59M | 3 220 | 776 sqft | — | — |
| 2-bedroom apartments | 32 | AED 4.66M | 2 847 | 1 663 sqft | — | — |
| 3-bedroom apartments low sample (12) | 12 | AED 5.64M | 2 744 | 2 045 sqft | — | — |
Source: Registered DLD sales and Ejari rental contracts · Data through 22 Oct 2026 · yield shown only where at least 15 rents and 15 ready-home sales support it · Methodology v1.0 ↗
Registered sales by year
median interquartile range (middle 50% of transactions)
| Year | Sales | Median price | Median AED/sqft | Total registered value |
|---|---|---|---|---|
| 2026 | 140 | AED 2.73M | 3 203 | AED 423.27M |
| 2025 | 733 | AED 2.54M | 3 182 | AED 2.05B |
Source: Registered DLD transactions · Data through 22 Oct 2026 · calendar years; the current year is partial · Methodology v1.0 ↗
Latest registered sales
| Date | Property | Registration | Size | Price | AED/sqft |
|---|---|---|---|---|---|
| 30 Sep 2026 | 1 B/R Flat — CHELSEA RESIDENCES 2 BY DAMAC | Off-plan | 774 sqft | AED 2 510 640 | 3 242 |
| 25 Sep 2026 | 1 B/R Flat — CHELSEA RESIDENCES 2 BY DAMAC | Off-plan | 921 sqft | AED 2 949 210 | 3 202 |
| 22 Sep 2026 | 2 B/R Flat — CHELSEA RESIDENCES 2 BY DAMAC | Off-plan | 1 659 sqft | AED 4 955 040 | 2 986 |
| 11 Sep 2026 | 1 B/R Flat — CHELSEA RESIDENCES 2 BY DAMAC | Off-plan | 774 sqft | AED 2 406 350 | 3 108 |
| 26 Aug 2026 | 1 B/R Flat — CHELSEA RESIDENCES 2 BY DAMAC | Off-plan | 921 sqft | AED 2 961 000 | 3 215 |
| 21 Aug 2026 | 1 B/R Flat — CHELSEA RESIDENCES 2 BY DAMAC | Off-plan | 777 sqft | AED 2 416 800 | 3 111 |
| 21 Aug 2026 | 2 B/R Flat — CHELSEA RESIDENCES 2 BY DAMAC | Off-plan | 1 158 sqft | AED 3 439 680 | 2 970 |
| 12 Aug 2026 | 1 B/R Flat — CHELSEA RESIDENCES 2 BY DAMAC | Off-plan | 921 sqft | AED 2 992 000 | 3 248 |
| 10 Aug 2026 | 1 B/R Flat — CHELSEA RESIDENCES 2 BY DAMAC | Off-plan | 894 sqft | AED 3 046 000 | 3 409 |
| 7 Aug 2026 | 1 B/R Flat — CHELSEA RESIDENCES 2 BY DAMAC | Off-plan | 776 sqft | AED 2 518 000 | 3 244 |
| 5 Aug 2026 | 1 B/R Flat — CHELSEA RESIDENCES 2 BY DAMAC | Off-plan | 921 sqft | AED 2 985 000 | 3 241 |
| 27 Jul 2026 | 2 B/R Flat — CHELSEA RESIDENCES 2 BY DAMAC | Off-plan | 1 663 sqft | AED 4 999 000 | 3 007 |
Source: Registered DLD transactions · Data through 22 Oct 2026 · individual registrations, shown exactly as recorded, without trimming · Methodology v1.0 ↗
What these numbers do not show
- Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
- Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
- A handover promise. The declared completion date is a registry field, not a commitment.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.
Where this project sits
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