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Damac Bay 2

Dubai Harbour · Off-plan
Dubai Harbour

Damac Bay 2

Homes
2 to 4 bedroom apartments & duplexes
Handover
Q4 2027
Status
Off-plan
From AED 8.3M
by DAMAC

Damac Bay 2 is the second phase of the DAMAC Bay waterfront developmen. This 49-storey residential tower continues the branded Cavalli-inspired concept introduced in the first phase, offering a refined coastal lifestyle in one of Dubai’s most sought-after waterfront locations. The project is designed as a high-rise luxury residence that combines elegant architecture, sea views, and proximity to marina and beachside attractions, reinforcing its position within an exclusive waterfront community.

Project details
Developer
DAMAC
Community
Home types
2 to 4 bedroom apartments & duplexes
Handover
Q4 2027
Project status
Off-plan
Pricing
From AED 8.3M
Location
Damac Bay 2 sits here, in Dubai Harbour, Dubai.
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Dubai Harbour in numbers
Sales recorded
1,055
Median price
AED 5.82M
Median price per sqft
AED 4,127
Average price per sqft
AED 4,132

Dubai Harbour recorded 1,055 registered sales from May 2025 to May 2026, at a median of AED 5.82M, or AED 4,127 per square foot. Apartments were 100% of those 1,055 sales. These are Dubai Land Department transactions, not asking prices, so they are what buyers actually paid.

Damac Bay 2 questions
Where is Damac Bay 2 located?
Damac Bay 2 is in Dubai Harbour, Dubai, Dubai.
When does Damac Bay 2 hand over?
The developer has scheduled handover for Q4 2027. Off-plan handover dates move. We track the DLD construction reports on this project and will tell you if it slips.
Who is the developer of Damac Bay 2?
Damac Bay 2 is developed by DAMAC. Before you commit to any off-plan purchase we will look at that developer's actual delivery record rather than their brochure.
How much do homes at Damac Bay 2 cost?
Current guidance is From AED 8.3M. For context, Dubai Harbour recorded 1,055 registered sales from May 2025 to May 2026, at a median of AED 5.82M. Launch pricing changes by release, so ask us for the live price list and availability rather than working from a published figure.
What types of home does Damac Bay 2 have?
2 to 4 bedroom apartments & duplexes. Floor plans and the unit mix per release come from the developer, and we can send you the current set with what is still available.
Is Dubai Harbour a good area to invest in?
On the numbers, Dubai Harbour is an active market: 1,055 sales registered with the DLD from May 2025 to May 2026 at a median of AED 4,127 per square foot. Volume that high means you can sell again when you want to, which matters more than a headline yield. Whether it suits you depends on whether you want income or capital growth, and we will pull the rental performance for the specific unit type you are considering.
Can foreigners buy at Damac Bay 2?
Any nationality can buy freehold in Dubai's designated freehold areas, with no residency visa or UAE bank account required, and you can complete from overseas by Power of Attorney. A purchase at or above AED 2 million can also qualify you for the 10 year Golden Visa. We confirm the ownership type on this specific project in writing before you pay anything.
What is the payment plan on Damac Bay 2?
Payment plans on off-plan are set by the developer per release and change between phases, so any plan published on a third party site is likely out of date. Your payments go into a RERA-regulated escrow account tied to this project rather than to the developer directly. Ask us for the current schedule, including whether there is a post-handover element.
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