Damac Bay 2

Damac Bay 2

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Damac Bay 2 in Dubai

Damac Bay 2 by Cavalli is a new development by Damac, the second phase of a premium project in the Dubai Harbour neighbourhood. Two towers of 47 and 49 floors are based on a 4-storey podium featuring numerous amenities and parking for 781 spaces. The remaining floors provide exclusive apartments in Damac Bay 2 for investment or relocation with designs by the Cavalli fashion house. The development offers one- to three-bedroom simplexes and luxury three- to five-bedroom duplexes.

Construction is scheduled to be completed in Q1 2028. At the start of sales, you can buy an apartment in Damac Bay 2 by Cavalli or even an entire floor at the most favourable price. Prices for luxury flats start at AED 3.2 million (USD 871,000). On our website, you can find apartment layouts in Damac Bay 2, prices from the developer, and units available for purchase.

Location

Damac Bay 2 by Damac Properties is located in Dubai Harbour. This is a waterfront community with developed infrastructure, a cruise port, and a marina, positioned between the man-made Palm Jumeirah archipelago and Bluewaters Island. Dubai Harbour has everything you may need for life: shops, restaurants, and entertainment venues. Many attractions and popular sites are located within two kilometres:

  • Dubai Marina Walk shopping promenade;
  • Dubai International Marine Club;
  • Skydive Dubai parachute centre;
  • JBR Beach.

Residents will have easy access to the metropolis’ key highway, Sheikh Zayed Road. Prestigious schools and hospitals with state-of-the-art facilities are within a 5- to 15-minute drive from Damac Bay 2 in the UAE. Downtown Dubai, DXB, and Al Maktoum airports can be reached in 20-30 minutes.

Buying a property for investment in Damac Bay 2 will be a worthwhile decision. Luxury housing in Dubai is in high demand, with transactions in this category growing by 85% in 2022 alone. Luxury and ultra-luxury residences with unique amenities in the prestigious coastal area are rapidly increasing in value. Over the past year, price growth in the neighbouring communities of Palm Jumeirah and Bluewaters reached 54% and 56%, respectively. It is possible to buy a premium off-plan apartment in Damac Bay 2 at an early stage of construction and make a substantial resale profit upon completion. A long-term strategy for leasing the acquired housing is also available. The average return on investment (ROI) in the Dubai Harbour area reaches 6.7% per annum, which allows you to expect a stable and high profit.

Features

Apartments in Damac Bay 2

Damac Bay 2 in Dubai Harbour offers branded furnished residences in different layouts:

  • One-, two-, and three-bedroom luxury apartments;
  • Three-, four-, and five-bedroom ultra-luxury duplexes.

At the entrance, there is a designer lobby with high ceilings, live plants, marble floors, and chandeliers reminiscent of precious stones. There will also be a concierge desk and a lounge area with exquisite furniture.

Flats in Damac Bay 2 offer spectacular views of the Persian Gulf and Dubai Marina. The apartment area starts at 68 m2. High ceilings from 3.4 to 4.3 metres make the space more voluminous and spacious.

Apartments for sale in Damac Bay 2 by Cavalli are delivered with exclusive finishes, whose luxury is emphasised by expensive materials: marble, metal, crystal, leather, and fabric with animal prints. Textured walls, furniture with metal inserts, marble tables and countertops, sculptures made of golden metal, spectacular columns, shaped lamps, and design elements made of green glass embody the signature style of the Cavalli brand.

All residences feature balconies, while duplexes will also have spacious terraces with private pools and lounge areas. The layouts include fully equipped kitchens with appliances.

Privileges

Damac Bay 2 in Dubai will be a magnificent place for glamorous and comfortable living surrounded by luxury, sophisticated design, and unrivalled amenities. Residents will have access to:

  • Three infinity pools with a lounge area;
  • Floating pods and glamping tents;
  • Zero-gravity Dream Pods with built-in speakers for a unique musical experience;
  • Area with water treatments and floating Jacuzzis;
  • Cavalli Museum, virtual fitting rooms, and the Cavalli Art and Fashion Studio to fulfill your wildest design fantasies;   
  • Yoga studio overlooking the bay and the Ain Dubai wheel;
  • Spa with tropical treatments and banana leaf wraps;
  • Sushi and juice bar;
  • Direct access to the beach.

Residents will also be able to enjoy the first phase infrastructure, including a snorkeling pool, children’s swimming school, fountain show, and numerous restaurants.

Owners of one- and two-bedroom properties in Damac Bay 2 will also receive one parking space, while those living in three- or four-bedroom residences will have two spaces. For spacious residences with five bedrooms, there are three or four spaces.

Damac Bay 2 by Damac Properties

The complex is being built by Damac Properties, which is one of the major developers in the UAE, operating since 2002. The developer specialises in the construction of premium properties and has successfully implemented more than 43,000 projects over the years. The developer’s real estate is characterised by high quality and exclusive design.

On the website, you can learn more about the layouts, explore the advantages, and choose a property for relocation or investment. Specialists are ready to help you find and buy real estate in Damac Bay 2 by Cavalli. Leave a request right now to get the most favourable offer.

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Floor plan information

Bedrooms:1
Bathrooms:1
Show 3dModel
Bedrooms:4
Bathrooms:4
Show 3dModel
Bedrooms:3
Bathrooms:3
Show 3dModel
Bedrooms:4
Bathrooms:4
Show 3dModel
Bedrooms:2
Bathrooms:2
Show 3dModel

Atmosphere at Damac Bay 2

Damac Bay 2 is a perfect place for glamorous and comfortable living surrounded by luxury, sophisticated design, and unrivaled amenities. The residences’ panoramic windows offer spectacular views of the Persian Gulf and the scenery of the Dubai Marina area.

Average prices
  • Size
  • 1
  • 2
  • 3
  • 4
  • 6
  • 7
  • Price
  • 2m- 4m
    avg. AED 3m
    View
  • 3m- 7m
    avg. AED 4m
    View
  • 5m- 21m
    avg. AED 9m
    View
  • 9m- 19m
    avg. AED 13m
    View
  • 3m- 43m
    avg. AED 23m
    View
  • 16m- 44m
    avg. AED 35m
    View

PAYMENT PLAN

Installment: 120%

On Booking

Installment: 360%

Within 48 Months From Booking

Installment: 320%

On Completion

Convenience of living at Damac Bay 2

Residents will have easy access to the key metropolis highway Sheikh Zayed Road. Prestigious schools and hospitals with modern facilities are within a 5- to 15-minute drive from Damac Bay 2 in the UAE. Downtown Dubai, DXB, and Al Maktoum airports can be reached within 20-30 minutes.

Year of foundation

2002

Main office

Dubai

Number of employees

1600

Estimated cost

$1.660 billion

Location

SCHOOLS NEARBY

Icademy Middle East FZ.LLCBlock 12, Dubai Knowledge Village, Dubai, United Arab EmiratesDistance: 1.95 kmiCademy Middle EastDubai Knowledge Park, Block 12,Floor 1, Unit F12, Dubai, UAEDistance: 1.96 kmRegent International Private SchoolThe Greens, Emirates Living CommunityDistance: 3.09 kmEmirates International School MeadowsMeadows 3, Emirates HillDistance: 3.33 kmAmerican School of DubaiAl Barsha, Dubai, United Arab EmiratesDistance: 4.01 km

Dubai Harbour

Dubai Harbor - luxury waterfront area by Meraas Holding

EXPLORE
Dubai Harbour

Properties in Damac Bay 2

Ax loader
Damac Bay II

Emaar Beachfront

Apartment
341866 sq.ft
7426000
Ax loader
Damac Bay II

Emaar Beachfront

Apartment
341945 sq.ft
7762000
Ax loader
Damac Bay II

Emaar Beachfront

Apartment
342010 sq.ft
8271000
Ax loader
Damac Bay II

Emaar Beachfront

Apartment
231251 sq.ft
5119000

Frequently asked questions & answers

Who is the developer of Damac Bay 2?

Damac Properties is carrying out the construction.

What is the completion date of Damac Bay 2?

The complex will be commissioned in early 2028.

What are the payment plans for Damac Bay 2?

The developer offers an 80/20 scheme with a 20% down payment.

How much does an apartment cost in Damac Bay 2?

As of Q3 2023, the starting price is AED 3.2 million (USD 871,000).

Can I obtain residency if I buy property in Damac Bay 2?

Investors who have invested more than AED 2 million (USD 544,500) in the UAE real estate can apply for a golden resident visa.

Is Damac Bay 2 a good place for living in Dubai?

Premium development with extensive infrastructure for leisure and relaxation, a variety of spa treatments, and exclusive design will allow you to enjoy a luxurious and comfortable life in resort style.

What are the pros and cons of living in Dubai Harbour?

It is a prestigious waterfront community with a yacht club and Dubai‘s largest marina, close to iconic resort neighbourhoods and with easy access to the emirate’s key locations.

What are the offered unit types?

The complex offers different properties for sale in Damac Bay 2, including one- to three-bedroom simplexes and three- to five-bedroom duplexes. Investors can also purchase the entire floor. 

Can a foreigner buy property in Damac Bay 2?

Apartments in the freehold district are available for purchase for citizens of all countries.

What is the address of Damac Bay 2?

The 49-storey development is being built in the Dubai Harbour neighbourhood.

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