DAMAC Harbour Lights Dubai Maritime City Dubai

DAMAC Harbour Lights, full name Harbour Lights de GRISOGONO Geneve, is a 52-storey residential tower in Dubai Maritime City, between Port Rashid and Drydocks World. DAMAC Properties is building it through its subsidiary DAMAC JWF Investment, with interiors and common areas styled with the Geneva jeweller de GRISOGONO. It holds 294 apartments of one to three bedrooms above five podium levels, with an amenity floor on level 52.

The tower topped out in July 2026, and DAMAC's website gives completion as Q2 2027. Resale one-bedrooms of about 750 sq ft are listed from AED 1.58 M (about Rs 4.07 crore), on the original 20/60/20 plan. The price trail is messy, and this page sets out every figure in print and which one to trust.

At a glance

Price and unit pricing

We print AED 1.58 M because it is the lowest one-bedroom ask on the resale listings for the tower, the most recent prices in print, and the source listing gives none. It sits about 5% below the AED 1.66 M initial one-bedroom price a broker quotes, which fits a buyer taking over a contract from a launch investor.

The other figures do not agree and we do not smooth them. A AED 1.32 M start appears on one project page with no unit named. A portal gives the sales-launch start as AED 2.4 M, which may refer to the larger units. One broker page prices a two-bedroom from AED 6.67 M, far above the rest, which likely describes a unit with its own terrace pool. The DLD transaction record for the tower is what settles what units have sold for.

Against the district

At about AED 2,107 per sq ft on the 750 sq ft plan, the entry one-bedroom is below Breez by Danube at about AED 3,234 and near the AED 2,462 to 2,808 asked for resales at LIV Maritime. Those are newer launches with later handovers. DAMAC's own later launch here, DAMAC Chelsea Residences, starts at AED 2.16 M and hands over years after Harbour Lights.

Payment plan and total cost

The plan is 20/60/20: 20% on booking, 60% in nine instalments during construction, and 20% at handover. With the tower topped out, launch buyers have paid most of the construction share, so a buyer today usually takes over a contract.

Worked example: a AED 1,580,000 one-bedroom

DAMAC adds its own admin charges, and a broker adds 2% plus VAT, about AED 33,180 on this price.

Taking over a contract. On a resale you repay the seller what they have paid DAMAC plus their premium, and owe DAMAC the remaining instalments. If 80% is paid on a AED 1,500,000 contract and you agree AED 1,580,000, you pay the seller about AED 1,280,000 and owe DAMAC AED 300,000 at handover, plus the 4% DLD fee on AED 1,580,000. Ask DAMAC for a statement of account and its transfer fee in writing before paying the seller.

Service charge. Not published for Harbour Lights or for Dubai Maritime City in the sources checked. A branded tower with a sky-level infinity pool and spa rooms will sit at the higher end for new Dubai towers. Get DAMAC's first-year budget per sq ft in writing before handover.

Location and connectivity

Dubai Maritime City is a man-made peninsula between Port Rashid and Drydocks World, being turned from a maritime business zone into a waterfront residential district. Road access is via Sheikh Rashid Road and Al Mina Road. District projects quote about 15 to 20 minutes to Downtown Dubai and to Dubai International Airport (DXB) outside peak hours. There is no metro station in the district; the nearest are on the Bur Dubai side.

Harbour Lights faces the water, with sea views on the Gulf side and the city skyline on the other. Al Seef and the Dubai Creek waterfront are the nearest leisure strip, and Jumeirah 1 and La Mer are a short drive west along the coast.

The district is still under construction. Several towers by Danube, LIV, Omniyat and DAMAC are rising nearby, and the shipyard next door is a working industrial site. Being among the first to hand over means early residents live through the build-out around them. For wider options, see all Dubai projects we track or the full projects list.

Amenities and specifications

The de GRISOGONO tie-up shows in the finishes: white and gold decor, chandeliers and ceiling mirrors in the apartments, and common areas styled by the jeweller. The amenity design is described as inspired by luxury cruise ships. Select apartments have a private swimming pool on the terrace.

The main amenity floor is at the top, on level 52, with an infinity pool, a gym, and steam and sauna rooms facing the Gulf and the Dubai coastline. The five podium levels hold parking and retail at the base.

Sizes run from about 750 sq ft for a one-bedroom, up to about 2,036 sq ft for a two-bedroom and up to about 3,820 sq ft for the largest three-bedrooms. The sources checked do not publish the appliance package or parking per unit. Final specification as per the SPA.

About the developer

DAMAC Properties was founded in 2002 by Hussain Sajwani. In September 2026 it said it had handed over more than 50,000 homes, with over 55,000 in its pipeline and more than AED 10 billion of construction contracts awarded in the first half of 2026.

For Harbour Lights, DAMAC signed the main works contract with Modern Building Contracting Company (MBCC), a Dubai contractor. Construction began in February 2023, and the AED 243 million tower topped out in July 2026, when DAMAC said its Dubai projects had stayed on track despite supply-chain pressure. De GRISOGONO also styled DAMAC's Canal Heights towers in Business Bay. Company-wide, a 2026 review of DLD data puts DAMAC's average delay at six to twelve months beyond the SPA date, with snagging complaints more common than at Emaar or Sobha. A topped-out tower lowers that risk, but plan for a careful inspection.

For Indian buyers

Ownership. Dubai Maritime City is freehold for foreign buyers. During construction your purchase is an Oqood record at the DLD; at handover the DLD issues the title deed in your name. The UAE has no annual property tax and no VAT on a residential sale; the government cost is the 4% DLD transfer fee, AED 63,200 on the entry one-bedroom.

Remittance. Under the Liberalised Remittance Scheme each person can send USD 250,000 per financial year. The one-bedroom with fees is about AED 1.65 M, roughly USD 449,000: above one person's allowance, inside a couple's USD 500,000. TCS of 20% on remittances above Rs 10 lakh a year is adjusted against your income tax.

Golden Visa. The property route needs AED 2 million. One-bedrooms here sit below it; the two and three-bedrooms, quoted from about AED 2.7 M, should clear it on the title deed value.

Rent and tax. District gross yields of 6% to 7.5% are quoted on completed stock bought at lower prices; on AED 1.58 M that would be about AED 94,800 to 118,500 a year, but new supply in the district may push early rents lower. The UAE levies no tax on the rent; an Indian tax resident declares it in India, with the 30% standard deduction, and reports the flat as a foreign asset.

Pros

• Topped out in July 2026, with DAMAC's site giving Q2 2027: the nearest DAMAC handover in the district
• About AED 2,100 per sq ft on the 750 sq ft one-bedroom, below newer Maritime City launches
• 294 homes in a 52-storey tower - a low count for the height
• Sea views on a peninsula surrounded by water on three sides
• 20/60/20 leaves only 20% at handover

Cons

• Starting prices in print run from AED 1.32 M to AED 2.4 M; only the unit's contract settles it
• No metro in Dubai Maritime City; a car is needed
• A working port and shipyard next door, with more towers rising around it
• Service charge not published; a branded tower with a sky pool will not be cheap to run
• DAMAC's record adds six to twelve months to most handovers

Who this is for

• Buyers who want a sea-view DAMAC apartment with keys in 2027
• Investors who want a nearly finished tower rather than a 2029-2030 launch
• Couples funding under USD 500,000 through the LRS
• Buyers who like de GRISOGONO's decorative interiors

Who should look elsewhere

• Commuters who need the Dubai Metro
• Buyers who want a finished neighbourhood around them today
• Golden Visa buyers looking at a one-bedroom, which sits below AED 2 M
• Anyone who will not check a seller's paid-up amount with DAMAC

Our verdict

Harbour Lights is the DAMAC tower in Dubai Maritime City that is closest to done: topped out in July 2026 with DAMAC's site giving Q2 2027. That timing is its best feature in a district where most launches hand over in 2028 to 2030. The one-bedroom at about AED 1.58 M works out near AED 2,100 per sq ft on the 750 sq ft plan, below Breez and near LIV Maritime's resale asks. The weak points are the district itself - no metro, a working port next door, a lot of new supply - and a price trail so scattered that the only reliable figure is the one on the seller's contract.

A reasonable buy for someone who wants a sea-view apartment with keys in 2027 and can live with a car-dependent district. Pay close to AED 1.58 M to 1.66 M for a one-bedroom, check the seller's paid-up amount and DAMAC's transfer fee, and get the service-charge budget before you sign.

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 is the price of DAMAC Harbour Lights?

Resale one-bedrooms are listed from AED 1.58 M to 1.82 M (about Rs 4.07 to 4.69 crore). Other pages quote an initial one-bedroom price of AED 1.66 M, a start of AED 1.32 M, and a sales-launch start of AED 2.4 M. Two-bedrooms are quoted from about AED 2.7 M. The seller's DLD-registered contract settles what a unit cost.

What is the payment plan?

20% on booking, 60% in nine instalments during construction and 20% at handover. On AED 1,580,000 that is AED 316,000, AED 948,000 and AED 316,000, plus AED 63,200 of DLD transfer fee.

When is handover?

DAMAC's website gives completion as Q2 2027, and one portal prints May 2027. The tower topped out in July 2026. Allow for DAMAC's usual six to twelve months of slippage.

Is Harbour Lights the same as DAMAC Chelsea Residences?

No. Both are DAMAC projects in Dubai Maritime City, but Chelsea Residences is a later launch with a football-club theme and a much later handover. Harbour Lights is the de GRISOGONO tower, already topped out.

What is the service charge?

Not published for Harbour Lights or for the district. Ask DAMAC for the first-year budget per sq ft in writing before handover.

Does it qualify for the UAE Golden Visa?

A one-bedroom at AED 1.58 M to 1.82 M does not; the property route needs AED 2 M. Two and three-bedrooms, quoted from about AED 2.7 M, should clear it on the title deed value.

Can an Indian buyer own a unit here?

Yes. Dubai Maritime City is freehold for foreign buyers. The money leaves India under the LRS, up to USD 250,000 per person per financial year, and the DLD issues the title deed in your name after handover.

Compare with other Dubai projects

Also in Dubai Maritime City: Anwa Aria (from AED 1.5 M, handover 2026), Orise by Beyond (from AED 1.7 M, handover 2028), LIV Maritime (from AED 1,710,000, handover 2028) and Danube Breez (from AED 1,400,000, handover 2029).

More by DAMAC: Portofino DAMAC Lagoons (from AED 1,569,000, off-plan), Damac Upper Crest (from AED 1,650,000, ready) and Green Acres at DAMAC Hills (from AED 1,660,000, ready).

A similar budget elsewhere in Dubai: Bayline Apartments (from AED 1.6 M, handover 2027), Emaar Golf Heights (from AED 1.6 M, handover 2026) and ONE B Tower (from AED 1.6 M, handover 2028).

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 Cost of Buying Property in Dubai. Every Dubai project we track is listed on the Dubai section.