Apartment by DAMAC «Bay 2 by Cavalli»

AED 2,936,000

Discount: 9% of original price AED 3,236,000
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Vector icon 1 Beds Vector icon 1 Bath Vector icon 743 sqft

Dubai Harbour

Daria
Daria Property broker

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Bay 2 by Cavalli 1BR Apartment in Dubai Harbour — Investor Distress Deal, 9% Below OP

Damac Bay 2 is an off-plan residential tower situated in Dubai Harbour, one of the emirate’s most ambitious waterfront destinations. This one-bedroom unit is scheduled for handover in Q2 2027 and is being offered at a price below its original purchase cost, giving buyers a rare and direct entry point into a sought-after project before completion.

The discount reflects a motivated seller’s position rather than any weakness in the asset. For end-users and investors alike, acquiring below the original price in a pre-handover waterfront tower represents a genuine opportunity to lock in value ahead of delivery.

Unit Features:

– One-bedroom apartment
– 743 ft² (69 m²)
– Handover Q2 2027
– Off-plan resale
– Dubai Harbour waterfront address
– Distress deal below OP

Architecture & Concept:

Damac Bay 2 draws its design language from the world of haute couture, developed in collaboration with fashion house Cavalli. The tower is conceived as a statement address along the Dubai Harbour shoreline, blending bold architectural form with resort-style interiors. Residences are designed to frame panoramic sea and marina views.

About the Developer:

Damac Properties is one of the UAE’s leading luxury real-estate developers, with a track record spanning residential, commercial and hospitality assets across the region and beyond.

Location & Benefits:

– Dubai Harbour, master-planned waterfront district
– Minutes to Dubai Marina and JBR
– Direct access to Sheikh Zayed Road
– Close to Dubai Harbour Marina and cruise terminal
– Strong rental catchment from marina and waterfront demand
– High-profile address with growing infrastructure

Investment Appeal:

– Waterfront location drives consistent rental demand
– Below-original-price entry reduces acquisition risk
– Capital appreciation expected at and post handover
– Cavalli-branded interiors support premium positioning
– Dubai Harbour is an undersupplied, high-visibility district
– Resale upside as project nears Q2 2027 delivery

Frequently Asked Questions:

Q: When is the handover date for this unit?
A: Handover is scheduled for Q2 2027.

Q: Why is this unit priced below the original purchase price?
A: The seller is in a motivated position and has listed at a discount to the original price, making this a distress resale opportunity.

Q: Is Damac Bay 2 a suitable option for rental investment?
A: Yes. Dubai Harbour commands strong tenant interest due to its waterfront setting, proximity to Dubai Marina, and branded residential offering.

To find out more or to submit an offer, please use the enquiry form on this page.

Payment plan

On booking
20% + 4% DLD + 1000 AED Oqood fee
From 3 to 18 months after booking
30% (5% quarterly)
On completion
50%

Property information

Handover Date

December 31, 2028

Property Type

Apartment

Ownership Type

Freehold

Building Information

Building name

DAMAC «Bay 2 by Cavalli»

Amenities

  • BBQ
  • Children’s pool
  • Concierge Service
  • Covered Parking
  • Coworking zone
  • Dining outlets (coffee houses & restaurants)
  • Kids Play Area
  • Laundry
  • Leisure areas
  • Pets Allowed
  • Retail outlets
  • SPA
  • Security and CCTV
  • Shared Pool
  • Shared gym & fitness
DAMAC Properties
DAMAC Properties View developer

Location

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