Apartments · Dubai Harbour
Damac Bay 2
by Damac Properties · Dubai Harbour
Discover a world of luxury living by the sea at Damac Bay Phase 2 by Cavalli, a sensational seafront property designed for those seeking the ultimate lifestyle experience. This beautiful branded residence by the renowned Italian fashion designer offers a…
Listed 21 Mar 2025
Off-planSource: developer listing, last verified .
DLD verification pendingOverview
About Damac Bay 2
Damac Bay Phase 2 by Cavalli is a seafront branded residence from the Italian fashion designer, with every home facing the beach. The mix covers 1 to 3-bedroom apartments plus a top tier of ultra-luxury 3 to 5-bedroom apartments. Prices start from AED 3.5M, on a 60/40 payment plan.
The project sits in Dubai Harbour, where Palm Jumeirah meets Bluewaters. It is one of the region's most distinctive communities. Residents get exclusive beach access and a wide choice of activities and facilities.
Highlights
Why buyers look at this project
Top-Tier Homes
Homes run from 1 to 5 bedrooms, with views over the sea and the shoreline.
Unusual Facilities
Amenities include hydrotherapy, floating relaxation pods, hot tub boats and glamping tents.
Cavalli-Branded Interiors
Every apartment in DAMAC Bay Phase 2 carries the Cavalli name, bringing the fashion house's style into each unit.
Beach Access for Residents
A key draw of DAMAC Bay Phase 2 by Cavalli is its exclusive private beach access.
Views Across Dubai Harbour
DAMAC Bay Phase 2 also offers wide views over Dubai Harbour.
Details
Project details
- Starting Price
- AED 3,500,000
- Payment Plan
- 60/40
- Property Types
- Apartments
- Developer
- Damac Properties
- Handover
- 2028
- Bedrooms
- 1, 2, 3, 4, 5
- Location
- Dubai Harbour
- Status
- Off-plan
Gallery
Renders and views
Developer renders and photos as published. Drag or swipe for more.
Amenities
Amenities
Damac Bay 2 comes with a broad set of high-end amenities covering the needs of day-to-day modern life.
- Infinity pool
- Cavalli Museum
- Glamping tent
- Floating therapy pods
- Hydrotherapy and hot tub boats
- Walkthrough showers
- Spa Services
- Dream pods
- Sushi bar
Payment plan
How the price is paid
60/40
How 60/40 plans workStep 1
During Construction
60%
≈ AED 2,100,000 on the starting price
Step 2
On Handover
40%
≈ AED 1,400,000 on the starting price
Payment plans extending past handover may be offered. Speak to our advisors about tailored financing.
Amounts are indicative, calculated on the published starting price. The 4% DLD registration fee and admin fees are extra.
Unit types
Units and floor plans
Floor plans are sent on request, with current availability and the exact price list.
Unit mix: 1, 2, 3, 4, 5 · Apartments
Request floor plansClose
Location
Dubai Harbour and connectivity
Damac Bay by Cavalli is in Dubai Harbour, a waterfront community and one of the city's most sought-after addresses. The building sits inside the region's largest marina. Its premium apartments look out over Palm Jumeirah and Bluewaters Island.
About the area
Dubai Harbour
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Investment outlook
This off-plan project presents strong investment potential across the UAE, with projected rental yields of 6–8%, long-term capital appreciation, and growing demand from both residents and international investors.
- Projected Rental Yield
- 6–8%
- Potential Capital Appreciation
- 10–15%
- Golden Visa Eligibility Potential
- AED 2M+
- UAE off-plan properties continue to attract strong local and international investor demand.
- Selected communities may offer rental yields of around 6–8%, depending on location and unit type.
- Buyers may benefit from 10–15% potential price growth by handover in high-demand areas.
- Properties from AED 2 million may qualify for UAE Golden Visa eligibility, subject to regulations.
General Dubai market context as published in the developer’s marketing, not a project-specific forecast. Yields depend on the unit, the purchase price and the rent achieved.
Financing
Financing options
- Low Down Payment
- Developer Payment Plans
- Post-Handover Plans
- Mortgage Assistance
- Interest-Free Installments
- Resident & Non-Resident Financing
Developer plans are interest-free by design; bank mortgages for off-plan are usually available from a set construction stage. Our experts can introduce mortgage advisors for residents and non-residents.
About the developer
Damac Properties
78 projects listed
Explore the world of DAMAC Properties, one of Dubai’s most recognised private real estate developers, known for shaping luxury communities, branded residences, and lifestyle-driven destinations across the UAE and international markets. Since 2002, DAMAC has delivered tens of thousands of homes and built a reputation for bold design, glamour, and…
All projects by Damac PropertiesFAQ
Questions buyers ask
What is off-plan property in Dubai?
Off-plan property is a unit purchased directly from the developer before or during construction, typically at a lower entry price and with flexible, milestone-based payment plans.
Can foreigners buy property in Dubai?
Yes. Foreign nationals can buy freehold property with 100% ownership in Dubai's designated freehold areas, with no residency requirement.
What is a payment plan and how does it work?
A payment plan splits the property price into instalments — usually a down payment on booking, staged payments during construction, and a final amount on handover.
What is the UAE Golden Visa and how can real estate qualify?
The Golden Visa is a long-term, renewable UAE residency (up to 10 years). A property investment of AED 2 million or more typically qualifies the owner to apply.
How do I get a mortgage for a Dubai property?
Both residents and non-residents can obtain mortgages from UAE banks, generally financing 50–80% of the value depending on status. Our team can connect you with mortgage advisors.
What is the expected ROI from Dubai off-plan property?
Dubai off-plan typically delivers strong returns — rental yields of around 6–8% plus notable capital appreciation by handover, varying by location and project.
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Enquire
Ask about Damac Bay 2
Brochure, floor plans, current availability and the exact price list, sent by a real estate expert who answers. Starting price AED 3,500,000, 60/40 plan, handover 2028.
AED 3.5M
60/40 plan · 2028