Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Madinat Dubai Almelaheyah · July 2026

Chelsea Residences 2 By Damac Tower B

Source: Dubai Land Department open data · Sales through August 20, 2026 · Rents through August 23, 2026

Period covered: Aug 24 to Jul 26 · Ref AR-B5225-202607

Key takeaways

  • Median price for apartments: AED 2,828,080 (AED 31,690 per sqm), down 6.0% year on year.
  • 2 sales recorded in July 2026, down 97% from a year earlier.

1.Apartments2 sales · July 2026

Median sale priceAED 2,828,080+15.2%vs last year
Median price / sqmAED 31,690-6.0%vs last year
Sales recorded2-97.4%vs last year
Median annual rentnew contracts
Gross yieldrent ÷ price

Small sample: medians for July 2026 are based on only 2 recorded sales and can swing month to month.

Sale price per sqm · 24 months

Jul 25 · 34K /sqmlow 32K · high 36KJul 26 · 32K /sqm

Monthly sales

77
Aug 24Jul 26 · 2 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
July 20262AED 2,828,080AED 31,690
June 20262AED 3,005,145AED 32,313
May 20263AED 2,923,000AED 33,163
April 20265AED 2,915,000AED 31,518
March 20264AED 3,148,000AED 34,227
February 202618AED 2,491,850AED 34,638

2.Methodology and source

Source. Sale transactions registered with the Dubai Land Department and rental contracts registered with Ejari, both published as open data (sales through August 20, 2026, rents through August 23, 2026). No listings, asking prices, or estimates.

Statistics. All figures are medians. Sale records with a price per sqm outside the 1st to 99th percentile of their area and property type are excluded. Rental figures use new registrations only; renewals are excluded. Partial months are never shown; months resting on fewer than ten sales are flagged.

Gross yield. Median annual rent of new contracts divided by median sale price for the same area, month, and property type. Indicative only; it does not account for service charges, fees, or vacancy.

Limitations. The DLD publishes with a lag of one to three months. Area and building names are normalized from multiple official spellings. This report is informational and is not a valuation or investment advice.