Back to map
Damac Properties · Dubai Harbour

Damac Bay

Handover Q1 2027Plan 20/40/40
Starting price
AED 3.94M
From 1BR
Price / sqft
size not yet published
Rental yield
7%
gross p.a., Dubai avg
Capital appreciation
+4%
to handover (1y)
Popularity
44/100
demand index

About this project

Damac Bay sits on the waterfront of Dubai Harbour, off King Salman Bin Abdulaziz Al Saud Street, within easy reach of Dubai Marina, Palm Jumeirah, and JBR. Developed by Damac Properties in partnership with Cavalli, the project comprises three interconnected towers housing seafront apartments and super-luxury duplexes with nautical-inspired interiors.

Unit Mix and Design

The development offers 1-, 2-, and 3-bedroom apartments, plus 3- and 5-bedroom duplexes. Select duplex units include private pools. The tower layout ensures every residence captures sea views.

Amenities and Lifestyle

Residents have access to shared pools and spas, a gymnasium, children's play areas, and barbecue facilities. Waterfront dining venues, business centers, entertainment zones, and sports facilities are integrated into the development. Units feature central air conditioning, built-in wardrobes, kitchen appliances, and covered parking. Select residences include private gardens, private gyms, and private jacuzzis.

Investment Profile

Priced from AED 3,939,000, Damac Bay is scheduled for completion in Q1 2027. The payment plan spreads 20% at booking, 40% during construction, and 40% on handover. The project targets buyers seeking branded waterfront living in a well-connected Dubai Harbour location.

Gymnasium
Study
Central A/C
Balcony
Private Garden
Private Pool
Private Gym
Private Jacuzzi
Shared Pool
Shared Spa
Security
Concierge
Maids Room
Covered Parking
Built in Wardrobes
Walk-in Closet

Damac Bay completion date and handover

Damac Bay by Damac Properties in Dubai Harbour, Dubai is scheduled for handover in Q1 2027 (January–March 2027). Construction is estimated at ~25% based on the developer's reported phase.

Damac Bay payment plan

The headline payment plan for Damac Bay is 20/40/40. See the full breakdown of booking, construction and post-handover instalments in the Financials tab.

  • Standard — Down Payment: 20% • During Construction: 40% • Handover: 40%

Damac Bay floor plans and unit types

Damac Bay offers 6 unit types:

1BR
from AED 3.94M
2BR
from AED 6.11M
3BR
3BR
from AED 11.28M
4BR
from AED 20.32M
5+
from AED 29.32M

Damac Bay rental yield and price per square foot

Estimated gross rental yield: 7% p.a., benchmarked against current Dubai Harbour rental data.

Project facts

Ownership
Freehold
Government fee
4%
Property types
Apartment, Duplex
Buildings
1
Expected completion
15 Jan 2027

Project timeline

  1. Booking started
    15 Apr 2023 · completed
  2. Construction Started
    16 Apr 2023 · completed
  3. Expected Completion
    15 Jan 2027

Construction progressestimate

ExcavationStructureFaçadeMEPHandover

~25% — estimated from construction phase.

Frequently asked questions

What's the starting price at Damac Bay?
The starting price is AED 3,939,000.
What payment plan does Damac Bay offer?
The payment plan requires 20% down payment at booking, 40% during construction, and 40% on handover.
Who developed Damac Bay?
Damac Bay is developed by Damac Properties, a major real estate developer in the Middle East known for luxury residential and commercial projects across Dubai and international markets.
Is Damac Bay a solid investment?
Damac Bay offers waterfront living in Dubai Harbour with proximity to Dubai Marina, Palm Jumeirah, and JBR. The project features Cavalli-branded interiors and a full suite of amenities. Its location and design position it for demand in the luxury market.
When will Damac Bay be completed?
Completion is scheduled for January 2027.