AED 3,314,000

Damac Bay 2 is a high-rise residential tower positioned within Dubai Harbour, one of the emirate’s most ambitious waterfront developments. This off-plan unit is scheduled for handover in Q2 2027 and suits both end-users seeking a premium coastal address and investors targeting strong rental demand in a supply-constrained marina district.

The distress angle here is straightforward: the seller is exiting below their original purchase price, creating a rare entry point into a project where comparable units are not discounted. For a buyer with a medium-term horizon, this is a meaningful cost advantage that is unlikely to persist as the handover date approaches.

Unit Features:

– 1-bedroom apartment
– 818 ft² (76 m²)
– Off-plan, handover Q2 2027
– High-rise tower
– Dubai Harbour waterfront location
– Distress deal below original price

Complex Amenities:

– Waterfront promenade access
– Swimming pool
– Fitness centre
– Concierge services
– Dedicated parking

Architecture & Concept:

Damac Bay 2 draws on a nautical design language, with curved facades and floor-to-ceiling glazing that frame sea and marina views. The tower is conceived as a resort-style residence, integrating leisure and lifestyle amenities across its podium levels. Its position within Dubai Harbour places it at the intersection of two marinas and direct coastal access.

About the Developer:

Damac Properties is one of the UAE’s most established luxury developers, with a track record spanning two decades and thousands of delivered units across Dubai and internationally.

Location & Benefits:

– Dubai Harbour, prime coastal district
– Minutes to Dubai Marina and JBR
– Close to Sheikh Zayed Road connectivity
– Near Bluewaters Island and Ain Dubai
– Metro and water taxi access in the wider district
– High tenant demand from maritime and hospitality workforce

Investment Appeal:

– Strong short-term and long-term rental demand in Dubai Harbour
– Limited competing supply within the immediate waterfront precinct
– Value-growth potential as handover approaches in 2027
– Entry priced below original purchase price, a rare position in this project
– Liquid asset class in one of Dubai’s most recognised coastal addresses

Frequently Asked Questions:

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

Q: Why is this unit priced below similar listings in the project?
A: The seller is in a distress situation and has priced the unit below their original purchase price to facilitate a quick exit, making this a time-sensitive opportunity.

Q: Is Damac Bay 2 suitable for short-term rental?
A: Dubai Harbour is a licensed and high-demand area for short-term rentals, and the tower’s resort-style amenities support strong occupancy rates for furnished holiday lets.

To enquire about this distress-deal unit in Damac Bay 2, please use the contact form.