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Damac Properties · Dubai Harbour

Damac Bay 2

Handover Q4 2028Plan 20/60/20
Brochure
Starting price
AED 7.28M
From 1BR
Price / sqft
size not yet published
Rental yield
7%
gross p.a., Dubai avg
Capital appreciation
+11%
to handover (2.7y)
Popularity
44/100
demand index

About this project

Damac Bay 2 is a residential development by DAMAC Properties located in Dubai Harbour. The project features apartments and duplexes designed in collaboration with Italian fashion brand Cavalli, blending contemporary architecture with coastal living.

Unit Types and Layout

The building offers 1, 2, and 3-bedroom apartments, plus 3 to 5-bedroom duplexes with private pools. Units feature spacious layouts, quality finishes, and views of the waterfront and surrounding area.

Location and Access

Positioned in Dubai Harbour, residents benefit from proximity to the marina, beach, commercial districts, and transport connections. The neighborhood includes dining, retail, and waterfront promenades.

Amenities

Facilities include a gymnasium, shared pool and spa, covered parking, children's play area, and barbecue zones. The development also provides sea views and Cavalli-inspired dining options.

Completion and Payment

Construction is underway with completion expected in Q4 2028. The payment structure requires 20% on booking, 60% during construction, and 20% at handover.

Gymnasium
Shared Pool
Shared Spa
Covered Parking
Children's Play Area
Barbecue Area
Sea Views
Private Pools
Cavalli-Inspired Dining
Marina Access
Waterfront Promenades

Project facts

Ownership
Freehold
Government fee
4%
Property types
Apartment, Duplex
Buildings
1
Expected completion
31 Dec 2028

Project timeline

  1. Booking Started
    1 Apr 2023 · completed
  2. Construction Started
    21 Apr 2024 · completed
  3. Expected Completion
    31 Dec 2028

Construction progressestimate

ExcavationStructureFaçadeMEPHandover

~25% — estimated from construction phase.

Frequently asked questions

What is the starting price for units at Damac Bay 2?
The starting price is AED 7,284,000.
What is the payment plan for Damac Bay 2?
The payment plan requires 20% down payment at booking, 60% during construction in installments, and the final 20% upon handover.
When will Damac Bay 2 be completed?
The project is scheduled for completion in December 2028.
Who is developing Damac Bay 2?
Damac Bay 2 is developed by DAMAC Properties.
Is Damac Bay 2 a good investment?
The development is located in Dubai Harbour with access to commercial areas and waterfront attractions. It features Cavalli-branded design and marina views. The area's growth and the developer's track record may appeal to investors seeking coastal properties in Dubai.