Madinat Dubai Almelaheyah — new off-plan project
Madinat Dubai Almelaheyah· Dubai

CHELSEA RESIDENCES 2 BY DAMAC TOWER-B

DLD data as of 16 Aug 2026 · Last deal: 8 Apr 2026

Pictured: Chelsea Residences 1 Tower C· new project in the area
Direct DLD data

This building's market

Price benchmark (12 mo)
AED 2.6M
+4.5% year-on-year
Implied annual rent
Gross payback
Price per ft² (12 mo)
AED 3 187
+0.2% year-on-year
Deals in 12 mo
110
264 in 24 mo· -28.6%
Estimated gross yield
Dynamics — what changed

Last 12 months vs the previous 12 (DLD registered deals, not a forecast).

Price benchmark (12 mo)
Prev. 12 mo
AED 2.5M
Last 12 mo
AED 2.6M
+4.5% · prices roughly stable
Price per ft² (12 mo)
Prev. 12 mo
AED 3 180
Last 12 mo
AED 3 187
+0.2% year-on-year
Monthly activity
2025-072026-04
DLD registration historyMonthly aggregates of registered sales, not listing prices.
Month
2026-04
Deals
2
Price benchmark
AED 3.9M
per ft²
AED 3 010
Month
2026-03
Deals
4
Price benchmark
AED 3.1M
per ft²
AED 3 162
Month
2026-02
Deals
18
Price benchmark
AED 2.5M
per ft²
AED 3 189
Month
2025-12
Deals
6
Price benchmark
AED 2.7M
per ft²
AED 3 125
Month
2025-11
Deals
6
Price benchmark
AED 2.6M
per ft²
AED 3 108
Month
2025-10
Deals
22
Price benchmark
AED 2.6M
per ft²
AED 3 253
Month
2025-09
Deals
52
Price benchmark
AED 2.5M
per ft²
AED 3 184
Month
2025-08
Deals
78
Price benchmark
AED 2.5M
per ft²
AED 3 208
Month
2025-07
Deals
76
Price benchmark
AED 2.5M
per ft²
AED 3 151
By unit type (24 mo)
TypeDealsPrice benchmarkper ft²
1BR257AED 2.5M3 184
2BR7AED 5.2M3 147

Other buildings in the area with data

Fresh off-plan

Fresh off-plan nearby

New projects in the area — developer renders

Get a shortlistPhoto: developer render, area illustration — not an exact view of this building.

Source: Dubai Land Department (DLD). Price is a deal-count-weighted average of monthly transaction medians. Implied rent = price × gross yield; payback = 100 ÷ yield. These are gross benchmarks before service charges, vacancy, maintenance and financing; not an offer or unit valuation.

Related

Catalogues and comparisons for more context.

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