Damac Bay 2

- AVA00495

Dubai Harbour, Dubai, United Arab Emirates

Price: AED 2.99MBeds: 1Baths: 1Sq. Ft.: 854/Sq. Ft.: AED 3,504/sq ft
Property image
APARTMENTListed by AvacasaUnder Construction
1 / 7
Street View

DAMAC Bay 2 by Cavalli presents an unparalleled living experience in Dubai Harbour, where the untamed allure of the jungle meets the pinnacle of luxury. These residences, masterfully designed by Roberto Cavalli, showcase a bold fusion of high fashion and artistic expression, creating homes that are as unique as they are opulent. Offering a selection of meticulously crafted 1 to 5-bedroom apartments and duplexes, each residence boasts breathtaking seafront views, allowing residents to immerse themselves in the beauty of the Arabian Gulf.

Beyond the exquisite interiors and stunning vistas, DAMAC Bay 2 benefits from its prime location, providing convenient access to a wealth of amenities. Families will appreciate the proximity to esteemed educational institutions such as Regent International School (4.2 km), Emirates International School Meadows (4.5 km), and Dubai International Academy Emirates Hills (5.8 km). Daily necessities are easily met with VIVA Supermarket (Dubai Marina) just 2.1 km away and Spinneys (Dubai Marina) at 2.5 km. Residents can rest assured knowing that quality healthcare is within reach, with Emirates Hospital Clinic Marina located 3.2 km away and Al Zahra Hospital Dubai at a distance of 10.4 km.

For frequent travelers, Dubai International Airport (DXB) is a convenient 33.1 km away, while Al Maktoum International Airport (DWC) is situated 38.5 km from the property. Commuting is made simple with the JBR, Seaside Bus Stop just 2.2 km away, the Sobha Realty Metro Station at 3.4 km, and easy access to Sheikh Zayed Road (E11) only 4.1 km from DAMAC Bay 2. DAMAC Bay 2 by Cavalli offers a harmonious blend of luxury, convenience, and connectivity, making it an ideal place to call home.

Property Details

Micro-market
Dubai Harbour
Configuration
1, 2, 3, 4, 5 BHK Apartment, Duplex
Property Type
Apartment
Built-up Area
854 sq ft
Status
Under Construction

Project Timeline

Key milestones for this project, updated as the developer confirms them.

Project announcement

Booking Started

Construction Started

Expected Completion

Q1 2028

Available Properties

Project variants for under-construction developments — unit types, sizes, starting prices and possession dates.

Inventory Type

VariantSizeStarting PricePossessionCTA
1 BHK Apartment854 sq ftAED 2.99MQ1 2028

Property Information

  • Community: Dubai Harbour
  • Project Name: Damac Bay 2

  • Listing Price: AED 2.99 M
  • List Date: Dec 28, 2025
  • Days on Market: 112
  • Listing ID: AVA00495
  • Status: Under Construction

  • Floors Allowed: 49

Can you own this, and how?

Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.

I am buying as:

Status
  • Permitted, freehold anywhere in Dubai
What you actually hold
  • You hold freehold title registered with the Dubai Land Department. There is no area restriction on where you may own.
Key rules and restrictions
  • GCC nationals are treated on the same footing as UAE nationals for ownership purposes.
  • A company owned wholly by GCC nationals gets the same treatment.
  • Some master communities impose their own transfer conditions through the developer.
Funds and process
  • Pay through UAE banking channels. The transfer completes at a Dubai Land Department trustee office where the title deed is issued on the day.
Taxes
  • The Dubai Land Department transfer fee is 4% of the price, split 2% each in law but paid in full by the buyer in most deals, plus a trustee office fee and a title deed issuance fee. There is no annual property tax and no capital gains tax in the UAE.
Verify before you buy
  • Get a title deed copy and check it against the Dubai REST app.
  • Ask for the developer no-objection certificate confirming service charges are clear.

Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in the UAE before you commit.

Investment Information

  • Capital Appreciation: 8%

Location

Damac Bay 2, Dubai Harbour, Dubai, United Arab Emirates

  • Airport: Dubai International Airport (DXB) - 33.1 km
  • Airport: Al Maktoum International Airport (DWC) - 38.5 km
  • Railway: Sobha Realty Metro Station - 3.4 km
  • Highway: Sheikh Zayed Road (E11) - 4.1 km
  • Hospital: Emirates Hospital Clinic Marina - 3.2 km
  • Grocery: VIVA Supermarket - 2.1 km
  • Grocery: Spinneys - 2.5 km

Nearby Attractions

Fine-grained ratings and travel times for popular spots nearby.

RatingAttractionTypeBest Time to VisitDistance
Ain DubaiObservation WheelOctober to April1.7 km
Burj Al ArabHotelLate afternoon and evening11.4 km
Skydive DubaiAdventure SportEarly morning1 km
Dubai Marina WalkPromenadeEvening0.7 km
JBR BeachBeachEarly morning2.1 km
Bluewaters IslandEntertainmentEarly morning1.7 km

Social Infrastructure

Key education, healthcare, and dining amenities near this property.

Education
InstitutionTypeDistanceNotes
Regent International SchoolSchool4.2 kmFollows the National Curriculum of England.
Emirates International School MeadowsSchool4.5 kmFollows the International Baccalaureate (IB) curriculum.
Dubai International Academy Emirates HillsSchool5.8 kmOffers the International Baccalaureate (IB) curriculum.
Hospitals & Vet Clinics
HospitalTypeDistanceNotes
Emirates Hospital Clinic MarinaClinic3.2 kmClinic branch of a larger hospital network for outpatient care.
Al Zahra Hospital DubaiHospital10.4 kmJCI accredited hospital with a 187-bed capacity.
Dining & Cafes
RestaurantRatingDistanceNotes
The CroftBritish cuisine with views of the marina.
Observatory Bar & Grill4.5Located on the 52nd floor of the Marriott Harbour Hotel with views of the Marina and Palm Jumeirah.
Asia AsiaLocated in Pier 7, offering Asian cuisine and views of Dubai Marina.
Bar du PortSlick spot on the water at Dubai Harbour with a lively vibe.
Indya by VineetFunky and vibrant Indian restaurant.

Investment Calculator

Calculate your EMI, returns and investment potential

₹19,460.936

per month

20 years • 8.5% interest • Fixed rate

6%12%

₹19K

Monthly EMI

Principal & Interest
₹19K
Property Taxes
₹2K
Maintenance
₹10K

Investment Returns

8%

Expected ROI

0%

Rental Yield

Bank Interest Rates

SBI8.40% – 9.65%
HDFC8.60% – 9.50%

Investment Summary

Total Investment₹29.90 L
Down Payment₹7.47 L
Loan Amount₹22.43 L

This calculator is for illustrative purposes only.

Rental Yield Calculator

Calculate potential returns on rental property investments

How much do you want to invest?

₹29.90 L
₹1,000
25%
30%

Net Rental Yield

2.1%

Monthly Income

₹5K

Rental Breakdown

Total Investment₹29.90L
Gross Annual Rental₹0.91L
Management Fee- ₹0.27L
Net Annual Rental₹0.64L
Gross Yield3.1%
Net Yield2.1%
Payback Period46.8 years

This calculator is for illustrative purposes only. Actual returns depend on market conditions, property management, and occupancy.

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