DAMAC Bay 2 by Cavalli Dubai Harbour

DAMAC Bay 2 by Cavalli is a DAMAC Properties tower at Dubai Harbour, the marina district between Bluewaters Island and Palm Jumeirah, with interiors designed under the Roberto Cavalli brand. It holds one to three bedroom apartments of 733 to 3,375 sq ft and three, four and five bedroom duplexes of 5,140 to 7,656 sq ft.

One-bedrooms start at AED 2,900,000 (about Rs 7.47 crore) for about 780 sq ft, two and three bedroom homes run AED 4.4 to 6 million, and the duplexes begin at AED 14.24 million. The plan is 20/60/20 and completion is expected in January 2028. The source listing carries no price. Its sister phase is DAMAC Bay by Cavalli Tower C. Everything else is in our Dubai section and the projects list.

At a glance

Price and unit pricing

The entry rate of about AED 3,718 per sq ft is the number to hold on to. It is above Downtown Dubai's roughly AED 2,800 to 3,200 for new stock and nearly 50% above the Dubai Creek Harbour median of AED 2,518. Dubai Harbour is priced as the marina district it is, and the comparison a buyer should make is with Emaar Beachfront and Bluewaters rather than with the mainstream communities.

There is a quiet oddity worth pointing out: the duplexes work out cheaper per square foot than the one-bedrooms, roughly AED 2,770 against AED 3,718. That is normal in tall towers, where small units carry the highest rate, but it means anyone buying for value per foot rather than for entry price should look up the stack rather than down it.

Payment plan and total cost

A 20/60/20 plan: 20% on booking, 60% through construction, 20% at handover. By current Dubai standards, where 10% bookings are common, that is a heavy front end.

Look at the booking column. AED 580,000 to reserve the smallest unit is more than a whole apartment costs in several Dubai communities, and AED 2.85 million on a duplex is a serious commitment against a building that does not yet exist. That is the trade for a marina address from a developer with 50,000 homes behind it.

The unpublished number is the service charge. Nobody prints one for this building, and Dubai Harbour's branded towers sit well above the AED 18 to 25 per sq ft that a mainstream prime district charges. On a 780 sq ft unit, every AED 10 per sq ft is AED 7,800 a year. Ask for the projected budget in writing before the booking cheque, not after.

Location and connectivity

Dubai Harbour is the marina and cruise-terminal district between Bluewaters Island and Palm Jumeirah, with Ain Dubai and the JBR beachfront next door. Dubai Marina and JBR are about five minutes by car, Palm Jumeirah about ten, Sheikh Zayed Road about ten and Downtown roughly 25.

There is no Metro station inside the district; the nearest is at Dubai Marina. What Dubai Harbour has instead is water on three sides and a marina big enough to berth superyachts, which is the whole basis of its pricing. It is also a district still being built: towers, retail and the promenade are arriving in phases, so a buyer completing in 2027 or 2028 will move into something part-finished.

Amenities and specifications

The building is one to three bedroom apartments with a duplex tier above, interiors under the Roberto Cavalli brand. It is worth being precise about what that branding is, because two very different things get called branded residences in Dubai. A hotel-branded residence comes with an operator and a service agreement that binds how the building is run. A design collaboration like this one delivers a fit-out and a design language, not an operating standard. The finish is real and the name carries resale weight; the day-to-day service level will be whatever the owners' association contracts for.

The district supplies the rest: marina berths, the promenade, the cruise terminal, and the beach and retail of JBR and Bluewaters a few minutes away. The duplexes at 5,140 to 7,656 sq ft are the building's scarcest product — floor areas at that scale inside a Dubai tower are rare, and they should be priced on that rather than on the tower's entry rate.

About the developer

DAMAC Properties, founded in 2002, is one of the largest private developers in the UAE: 50,000 homes handed over, more than 54,000 under construction, 8,800 units delivered in 2026 and over AED 10 billion of construction contracts awarded in the first half of that year. Branded work with Cavalli, Paramount and others is central to how it sells.

The honest caveat is timing. DLD data shows an average 6 to 12 month delay on DAMAC projects delivered in 2023 and 2024, at the upper end of the sector, and its DAMAC Lagoons clusters have slipped by up to a year. The pattern is consistent: the buildings get finished, the dates move. For a buyer that means January 2028 is the contracted date and mid-2028 is the prudent assumption, and any plan that depends on rent from a specific month should have slack in it.

For Indian buyers

Dubai Harbour is freehold, so an Indian citizen owns a DAMAC Bay 2 home outright with a Dubai Land Department title deed, pays no annual property tax in the UAE and no UAE tax on the rent.

Funding is the real constraint at this price. AED 2.9 million is about USD 790,000, which is four annual allowances under the Liberalised Remittance Scheme limit of USD 250,000 per person per financial year. The plan's shape makes it harder rather than easier: the 20% booking alone is about USD 158,000, and the 20% handover tranche is another USD 158,000 due on one date. A family pooling allowances, or a UAE mortgage at 50 to 75% of value for a non-resident, is the practical route. On a duplex at AED 14.24 million, about USD 3.88 million, only the mortgage route is realistic. Tax collected at source applies above the current threshold and is credited on your Indian return.

On residency, every unit clears the AED 2 million Golden Visa threshold comfortably, which for many buyers at this level is a significant part of the case. On income, be realistic: at about AED 3,718 per sq ft the rent cannot keep pace, and prime Dubai waterfront yields sit in the low single digits once an unpublished but certainly high service charge is deducted. This is an address-and-capital purchase. Rent, if you let it, is taxable in India for a resident at slab rates as income from house property with the standard 30% deduction, and the property is declared in Schedule FA every year you hold it.

Pros

• Marina frontage at Dubai Harbour, between Bluewaters and Palm Jumeirah
• A full published size schedule, which many Dubai launches do not provide
• Cavalli-designed interiors, a genuine differentiator in the fit-out
• A duplex tier of 5,140 to 7,656 sq ft, a scale rarely offered in a Dubai tower
• Every unit clears the AED 2 million Golden Visa threshold comfortably

Cons

• An entry rate near AED 3,718 per sq ft is among the highest in this Dubai batch
• 20% on booking is a heavy entry: AED 580,000 on the smallest unit, AED 2.85 million on a duplex
• DAMAC's recent deliveries have run 6 to 12 months late on DLD data
• No service-charge figure is published for a district where branded towers charge heavily
• Design branding without an operating agreement means no service standard is contractually guaranteed

Who this is for

• Buyers who want marina frontage and will hold through a possible delay
• Duplex buyers looking for 5,000 sq ft and up inside a Dubai tower
• Buyers for whom the Cavalli fit-out is the point

Who should look elsewhere

• Yield investors: at AED 3,718 per sq ft the rent cannot keep up
• Buyers who cannot fund a 20% booking and a 20% handover tranche
• Anyone who needs a firm handover date

Our verdict

DAMAC Bay 2 is a clean version of an expensive proposition, and both halves of that matter. It is clean because the numbers are all published and they agree with each other: sizes from 733 to 3,375 sq ft, duplexes from 5,140 to 7,656, a price ladder from AED 2.9 million to AED 19.07 million, and a 20/60/20 plan. You can compute a rate per square foot on every tier, which is more than several Dubai launches in this batch allow. It is expensive because that rate is about AED 3,718 per sq ft at the entry, well above Downtown's new-build range and far above the Creek Harbour median of AED 2,518. Marina frontage at Dubai Harbour, between Bluewaters and the Palm, is what the difference buys. Two things to weigh carefully. The booking is 20%, which on the smallest unit is AED 580,000 and on a duplex AED 2.85 million, so the cash commitment before a building exists is substantial. And the handover is January 2028 from a developer whose recent deliveries have run 6 to 12 months late on the DLD's own data. Neither is a reason to avoid it; both are reasons to buy it as a home or a long hold rather than as a trade, and to make sure your own timeline has slack in it.

A properly documented branded tower on the best marina frontage in Dubai, at a rate that reflects it. Buy it for the address, the duplex scale or the fit-out, with a budget that survives a six to twelve month delay. Get the projected service charge before you book; it is the one number nobody has published.

Talk to Realty Hunting for the current price list, the developer's latest payment plan and a site-visit plan.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What does DAMAC Bay 2 cost?

One-bedrooms start at AED 2.9 million for about 780 sq ft, roughly AED 3,718 per sq ft. Two and three bedroom homes run AED 4.4 to 6 million, three-bedroom duplexes from AED 14.24 million and four-bedroom duplexes from AED 19.07 million. The source listing carries no price.

How big are the homes?

Apartments run 733 to 3,375 sq ft across one to three bedrooms, and the duplexes 5,140 to 7,656 sq ft. A full published size schedule is more than many Dubai launches give you, and it is what makes the rate per sq ft checkable here.

What is the payment plan?

20% on booking, 60% through construction and 20% at handover. On the entry one-bedroom that is AED 580,000 to book; on a three-bedroom duplex it is AED 2,848,000. This is a heavy front end by current Dubai standards, where 10% bookings are common.

When is handover?

January 2028 is the expected completion. Weigh it against DAMAC's record: DLD data shows an average 6 to 12 month delay on its 2023 and 2024 deliveries, and its Lagoons clusters slipped by up to a year. The buildings do get finished, but treat the date as contracted rather than expected.

What does the Cavalli branding actually give you?

Interior design, not management. Unlike a hotel-branded residence with an operator running the building to a service standard, a design collaboration delivers a fit-out and a design language. That is a real thing to buy, but nothing about the building's future service level is contractually guaranteed by the brand.

What are the service charges?

No figure for the building is published by the sources checked. Dubai Harbour is a prime waterfront district and branded towers there typically charge well above the AED 18 to 25 per sq ft of a mainstream prime area. Ask for the projected budget in writing before booking; on a 780 sq ft unit every AED 10 per sq ft is AED 7,800 a year.

Does it qualify for the Golden Visa?

Yes, comfortably at every size. The threshold is AED 2 million of property and the entry one-bedroom is AED 2.9 million.

Can an Indian citizen buy here?

Yes, Dubai Harbour is freehold. At AED 2.9 million, about USD 790,000, the entry unit needs four remitters under the USD 250,000 per person LRS allowance or several financial years; the 20% booking alone is about USD 158,000. A UAE mortgage at 50 to 75% of value for a non-resident is the practical route. Rent is taxable in India for a resident and the asset goes into Schedule FA.

How does it compare with DAMAC Bay Tower C?

They are the two phases of the same DAMAC and Cavalli programme at Dubai Harbour. Bay 2 has a clear published size schedule and a consistent price ladder; the first phase's Tower C carries figures the sources do not agree on. If you want the version whose numbers can be checked, it is this one.

Compare with other Dubai projects

Also in Dubai Harbour: Damac Bay by Cavalli Tower C (from AED 3,900,000, handover 2029).

More by DAMAC: Cavalli Tower (from AED 2.9 M, handover 2026), Damac Lagoons Morocco (from AED 2.99 M, handover 2026) and Damac Morocco 2 (from AED 2.99 M, handover 2026).

A similar budget elsewhere in Dubai: Omniyat Opus (from AED 3 M, ready), Cotier House (from AED 3.08 M, handover 2027) and Esmé Beach Residences (from AED 3.1 M, handover 2027).

Read next: DAMAC Projects in Dubai: Prices, Clusters and the Delivery Record · Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · The Dubai Golden Visa Through Property. Every Dubai project we track is listed on the Dubai section.