DAMAC Bay 2 by Cavalli

Dubai Harbour · Dubai

Developer price from2,900,000 AED
HandoverQ1 2028
Contact us
Payment plan20% / 60% / 20%
Property typeApartments
Unit types1 bed · 2 bed · 3 bed · 4 bed · 5+ bed · Duplex · Penthouse

About DAMAC Bay 2 by Cavalli

DAMAC Bay 2 by Cavalli is an off plan project by Damac in Dubai Harbour, Dubai, from 2,900,000 AED, with handover announced for Q1 2028. The Dubai Land Department recorded construction at 30.30%, buyer payments go to an escrow account at Emirates NBD and the developer has registered 643 homes.

Prices and payment plan

Payment plan, 1 bedroom20 / 60 / 20
Today20%580,000 AEDOn booking
Until Q1 202860%1,740,000 AEDDuring construction
Q1 202820%580,000 AEDOn handover
Total with fees3,016,020 AEDPrice 2,900,000 + land department fee 116,000 + 20 AEDSee the detail
Price2,900,000 AED
Dubai Land Department fee, 4%116,000 AED
Knowledge and innovation fees20 AED
Developer registration feeOn the developer invoice
Total estimate3,016,020 AED

Dubai Land Department fees for an off plan purchase, usually paid in full by the buyer. Full calculator, with mortgage

Homes in the project

1 bedroom21934%
2 bedrooms30848%
3 bedrooms11017%
4 bedrooms41%
5 bedrooms or more2<1%
Total643100%

Source: Dubai Land Department, units registered by the developer, file of 23 October 2026.

Price per sqft4,338 AED
Handover (developer)Q1 2028
RERA project number2644
Escrow accountEmirates NBD
Construction progress30.30% built
Golden visaEligible, starting price at or above 2,000,000 AED
Nearest metro stationSobha Realty, 1.3 km

Service charges: estimate at 15 AED per sqft a year, no official figure yet for Dubai Harbour.

Source: Damac, official project page · metropolitan.realestate

Data dates
Developer prices 29 September 2026
Dubai Land Department register 18 October 2026
Sales registered up to 2 November 2026

Property Radar score

out of 100
14 criteria measured

Highlights

Payments into an escrow accountHandover dateDeveloper record: projects on time

Good to know

Developer record: cancelled projectsEase of resale in the areaHomes of this type in the project
See all 14 criteria
Payments into an escrow account10/10
escrow at Emirates NBD, status active
Handover date10/10
handover Q1 2028
Developer record: projects on time9/10
60 of 62 ongoing projects still within their official end date
New-build price vs the same developer's secondary market8/10
+12.2% on 1 bedroom
Developer record: projects delivered8/10
94 delivered, 66 ongoing, 32 cancelled
Nearest metro station7/10
Sobha Realty, 1.3 km
Price per square foot vs the area4/10
4,338 against 3,593 AED per sqft in Dubai Harbour
Size vs the area5/10
about 820 sqft against 825 sqft for the same type in Marsa Dubai, Dubai Land Department
New-build price vs the secondary market4/10
+34% vs the area's secondary market
Net rental yield1/10
3.3% net of service charges
Share of the price paid before handover2/10
80% of the price paid before handover
Homes of this type in the project2/10
219 homes of this type registered in the project, out of 643
Ease of resale in the area1/10
82 completed units resold in Dubai Harbour over the last 12 months
Developer record: cancelled projects0/10
32 cancelled of 192
Construction progress
Information not public or confidential

Market data, 1 bedroom

In short: priced 21% above the area, gross yield 3.6% a year.
Price per sqft, AED
DAMAC Bay 2 by Cavalli4,338Off plan in the area4,163All sales in the area3,593Completed resale in the area3,106
Gross yield3.6%rent 130,000 AED a year, median of 679 registered rents in Dubai Harbour
Net yield3.3%After service charges

Same unit type, Dubai Land Department registered sales and rent contracts, Dubai Harbour.

After you buy

1
Today
Book with 20%

Through a licensed expert, at the developer price.

2
Q1 2028, handover
Pay the last 20%

In cash or with a mortgage, up to 80% for residents.

3
After the keys
Rent it out

Long term or holiday home, managed for you.

Services from our selected partners. It never changes the score.

Prices in Dubai

Median price per sqft of completed apartments resold across Dubai. Dubai Harbour has too few resales for a reliable series of its own.

1,0771,2131,3511,4052023202420252026
Since 2023+30%
2026 against 2025+4%

AED per sqft. Dubai Land Department sales, data.dubai. 2026 up to 23 September.

DAMAC Bay 2 by Cavalli in short

Starting price
  • 1 bedroom 2,900,000 AED
  • 2 bedrooms 4,400,000 AED
  • 3 bedrooms 7,000,000 AED

Source: Damac or a property portal, September 2026. Confirm with the developer.

Payment plan

20% On booking60% During construction20% On handover

Handover

Handover is announced for Q1 2028.

On time?

60 of 62 ongoing Damac projects are still within their official end date, in the Dubai Land Department project registry.

How to buy

A broker licensed by the Dubai Land Department, from our partner agency, confirms the price list and the units still available, and handles the booking with you. The contact is free.

Location and similar projects

No other off plan project is tracked in this area for now.

All projects →
Consultation fee for you0 AED

Talk to our licensed experts

  1. 1Answer a few short questions
  2. 2WhatsApp or call, you choose
  3. 3Developer price and units available
WhatsApp
After you buy, also help me with

Licensed expert: a broker holding a card from the Real Estate Regulatory Agency (RERA), the property regulator of the Dubai Land Department.

Talk to an agent