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Damac Bay 2 – project rendering
Damac Bay 2 – exterior view 1
Damac Bay 2 – exterior view 213 photos
Off-planOn saleWaterfront

Damac Bay 2

by DAMAC · Dubai Harbour, Dubai

Damac Bay 2 is an off-plan apartments development by DAMAC in Dubai Harbour, Dubai. Prices start from AED 4,115,000, with 2br – 5br listed and handover expected in Q4 2027.

Starting price
AED 4.12M
Handover
Q4 2027
Down payment
20%
Bedrooms
2BR – 5BR

Payment plan 20 / 20 / 60 · Cash today AED 823K

Project data last verified:

Project information is compiled from developer materials and Tasqio's tracked database. Comparisons use currently tracked real projects. Methodology

Overview

Damac Bay 2 is the second phase of the DAMAC Bay waterfront developmen. This 49-storey residential tower continues the branded Cavalli-inspired concept introduced in the first phase, offering a refined coastal lifestyle in one of Dubai’s most sought-after waterfront locations. The project is designed as a high-rise luxury residence that combines elegant architecture, sea views, and proximity to marina and beachside attractions, reinforcing its position within an exclusive waterfront community. The development focuses on delivering a premium seaside living experience, with residents benefiting from direct access to Dubai Harbour’s waterfront promenade, leisure zones, and surrounding marina lifestyle amenities. The concept emphasizes a balance between serenity and vibrancy, offering a resort-style environment within an urban coastal setting. Its location ensures seamless connectivity to key leisure destinations and major areas of Dubai, enhancing both lifestyle and convenience. The interiors are finished with porcelain tiled flooring, painted plastered walls with selected accent walls, and partially finished gypsum ceilings, creating a clean and contemporary aesthetic. Kitchens are fully fitted and include refrigerator, cooker, hob, and washing machine.

  • 20/20/60 payment plan, 20% at booking
  • Handover Q4 2027
  • Only kitchen
  • 21 units across 2 buildings

Project facts

Last updated:
Key facts for Damac Bay 2
Project
Damac Bay 2
Developer
DAMACFact
Location
Dubai Harbour, Dubai, United Arab Emirates
Property type
Apartments
Starting price
AED 4,115,000Fact
Price per sqft
AED 4,420Fact
Handover
Q4 2027Fact
Construction progress
26%Fact
Down payment
20%Fact
Payment plan
20 / 20 / 60Fact
Unit types
2BR – 5BR
Service charge
AED 26 per sqft per yearFact
Status
On sale

Amenities

  • Organic Water Walkways
  • Hot Boat Tubs
  • Yoga Area
  • Jungle Bar
  • Tropical Treatment Rooms
  • The Pods The Speaker You Can Enter
  • Floating Tents Retreat Spa
  • Floating Spa Pods
  • Cavalli Museum
  • Virtual Fitting Room
  • Cavalli Art & Fashion Studio
  • Cafe & Lounge
  • Sunken Seating
  • Infinity Pool
  • Floating Therapy Pods
  • Banana Leaf Body Wrap Treatment
  • Hydrotherapy Walk Through Shower
  • Dream Pods
  • Cavalli Sushi Bar Copy

Investment analysis

Methodology
Investment ScoreAnalysis

Not enough data to score

How this is calculated
Gross yield
—

Not estimated: no rent data for this area yet

Price vs areaFact
0.0%

In line with area · tracked listings

Payment Score
30

20% at booking

Rental return calculator

Tasqio only estimates rent and short-term income where registered rental contracts exist for the community. That data is not yet connected for Dubai Harbour, so no yield is shown for Damac Bay 2. The price, payment plan and handover facts above come directly from the licensed listing feed.

Short-term potential
—

No short-term data for this area

Supply risk
—

Awaiting pipeline data

Liquidity
—

Awaiting transaction data

Prices

Price per sqft comparison
Project price / sqftAED 4,420Fact
Dubai Harbour off-plan averageAED 4,420Estimate
Relative value0.0%In line with area

Starting price history

Launch 1 Jul 2023
17 Oct 2026AED 4,115,000AED 4,420/sqft

Payment plan

Fact — Licensed data feed
  1. 1On booking

    20%

    AED 823,000

    At booking

  2. 2During construction

    20%

    AED 823,000

    10% → 90% construction

  3. 3Upon Handover

    60%

    AED 2,469,000

    Handover · Q4 2027

Cash requirements at the starting price
Cash needed today (20%)AED 823,000
Average monthly construction payment (14 months)AED 58,786
Handover payment (60%)AED 2,469,000

Amounts are calculated from the starting price and the published plan. Exact schedules vary by unit; request the current payment schedule for a specific unit.

Units

Unit types with sizes and starting prices
Unit typeSize (sqft)From
2 Bedroom931 – 2,864AED 4,115,000
3 Bedroom1,989 – 6,212AED 8,235,000
4 Bedroom5,879 – 6,059AED 29,809,000
5 Bedroom7,656 – 7,656AED 37,666,000

Location

Nearby

Points of interest near Damac Bay 2 with road distance and drive time
PlaceTypeDistanceDrive
South beach lifestylebeach0.9 km3 min
Raffles Early Childhood Centrelandmark1.3 km7 min
Marinascape Mallmall1.7 km8 min
Media City Amphitheatrelandmark2.1 km7 min
Palm Jumeirahdistrict6.1 km12 min
Airportairport31.4 km29 min

Road distances and drive times as supplied by the data provider.

Developer

DAMAC logo

DAMAC

27 completed projects on record

DAMAC Properties is part of DAMAC Group that has been shaping the Middle East's luxury real estate market since 1982, delivering iconic residential, commercial and leisure properties across the region and beyond. Since the early days of DAMAC Properties, the organisation has continually received recognition and accolades for its contribution to the real estate development sector. Having now received over 100 global awards and commendations, for everything from high-rise architecture and interior design to excellence in hospitality and international golf course communities, DAMAC only goes from strength to strength. DAMAC Properties has grown to become one of the world’s foremost luxury developers, with projects spanning the GCC, Levant, Middle East, United States and United Kingdom.

Developer ScoreAnalysis
69/100Partial data
How this is calculated

Frequently asked questions

What is the starting price of Damac Bay 2?

Damac Bay 2 starts from AED 4,115,000 (about AED 4,420 per sqft) as of 17 Oct 2026.

Who is the developer of Damac Bay 2?

Damac Bay 2 is developed by DAMAC.

When is the handover of Damac Bay 2?

Handover is planned for Q4 2027. Construction is 26% complete according to the latest observation.

What is the payment plan for Damac Bay 2?

The published plan is 20 / 20 / 60 with 20% at booking. At the starting price that is AED 823,000 today, about AED 58,786 per month during construction and AED 2,469,000 at handover.

Where is Damac Bay 2 located?

Damac Bay 2 is in Dubai Harbour, Dubai, in a waterfront position. Nearby: South beach lifestyle, Raffles Early Childhood Centre, Marinascape Mall, Media City Amphitheatre, Palm Jumeirah, Airport.

What unit types are available at Damac Bay 2?

2 Bedroom from AED 4.12M (931–2864 sqft); 3 Bedroom from AED 8.23M (1989–6212 sqft); 4 Bedroom from AED 29.81M (5879–6059 sqft); 5 Bedroom from AED 37.67M (7656–7656 sqft).

Data sources

  • Project information: developer and licensed data provider, observed 17 Oct 2026
  • Photos and plans: Developer materials via Reelly
  • Area statistics: listing prices from 1 tracked project, observed 2026-10-17; transaction statistics not yet connected
  • Rental and short-term estimates: not shown; no rent basis for this community yet
  • Scores: Tasqio Analysis, weight set v1 (40% of inputs available)

Last updated: · View Tasqio methodology · Data sources

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From

AED 4.12M