DAMAC BAY 2
About DAMAC BAY 2
Share ShareDamac Bay 2 by Damac Properties
Damac Bay 2 in the UAE is the second phase of a premium project by the developer Damac Properties in the prestigious Dubai Harbour beachfront community. The 2 skyscrapers of 47 and 49 floors on a massive podium with a pool include branded apartments and duplexes with 1 to 5 bedrooms. The area of the designer residences by the fashion house Cavalli starts at 68 m², and ceiling height from 3.4 meters.
The complex was designed in collaboration with the legendary Italian brand. It will house a museum and a Cavalli fashion studio, which will be available to residents.
Construction is scheduled for completion in early 2028. The 1-bedroom apartments have a starting price of AED 3 million (USD 817,000). To learn more about the layouts in Damac Bay 2, prices from the developer, please check out the website and contact our specialists.
Damac Bay 2 location
The development is being built in the Dubai Harbour area, between 2 man-made islands, Palm Jumeirah and Bluewaters, next to the famous Dubai Marina community. The waterfront community occupies an area of over 1.8 million m². It is home to 2 world-class cruise terminals and the largest marina in the MENA region with 1,100 berths, a sailing club, a helipad, fueling stations, and crew quarters. The Marine Club, Marina Walk promenade, and JBR Beach are all within a 5- to 7-minute drive.
The neighborhood is characterized by excellent transport accessibility due to its proximity to Sheikh Zayed Road. Downtown Dubai, Business Bay, and DIFC can be reached in 20 minutes, so residents of Damac Bay 2 will have easy access to the emirate’s most popular attractions, shopping and business complexes. The airport shuttle will take no more than 30 minutes.
Property in Damac Bay 2 for investments
Investing in real estate in Damac Bay 2 is a safe and secure way to save and grow your money. The project was launched recently, so the prices for premium residences are the most favorable now. In addition, the cost of luxury housing in the coastal areas of Dubai is growing at a high rate: it has increased by 54–56% over 2022. Investors can buy apartments in Damac Bay 2 for investment and resell them after delivery with a substantial profit or earn on rent. The profitability ratio in Dubai Harbour is up to 6.7% per annum, and rental values of residences range from AED 130,000 to 1 million (USD 35,500 to 272,500) per year.
Project details
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Payment plan
Benefits of buying property in Damac Bay 2
Apartments in Damac Bay 2
The development includes luxury furnished residences ranging from 68 to 314 m²:
- 1- to 3-bedroom apartments;
- 3- to 5-bedroom duplexes.
The layouts feature bedrooms with en-suite bathrooms, kitchens with brand-name appliances, large living and dining rooms, and spacious balconies or terraces with seating areas. Duplexes will have a private pool on the terrace.
The interiors of Damac Bay 2 in Dubai Harbour by Cavalli boast a rich color palette inspired by rainforests and luxurious decor elements of marble, golden metal, and colored glass. Fabrics with animalistic prints, sculptures, columns, high ceilings, panoramic windows, and multi-level lighting system, complement the design.
Those who own a property in Damac Bay 2 will have 1 to 4 spaces in the closed parking lot.
Privileges of Damac Bay 2
Damac Bay 2 in Dubai offers residents a variety of amenities that will ensure a luxurious resort lifestyle:
- Direct access to a private beach;
- 3 infinity pools;
- Floating pods and Jacuzzis;
- Zero-gravity Dream Capsules;
- Glamping tents;
- View Gym;
- Water treatment area;
- Cavalli Fashion Museum and Studio;
- Virtual fitting rooms;
- Tropical Spa;
- Sushi Bar;
- Covered parking lot;
- 24-hour security.
The designer apartments in Damac Bay 2 offer stunning views of the Gulf waters, white yachts, and the legendary Dubai Marina area.
Location
Developer
DAMAC Properties has been shaping the Middle East's luxury real estate market since 2002. To date DAMAC has delivered c. 43,700 quality homes, with c. 28,000 more under way.
- 3 300 000 AED - 28 000 000 AEDCompletion date III quarter, 2028 (Off-plan)
- 2 950 000 AED - 32 580 000 AEDCompletion date II quarter, 2027 (Off-plan)
- 1 790 000 AED - 3 000 000 AEDCompletion date III quarter, 2026 (Off-plan)
- 2 599 000 AED - 74 999 548 AEDCompletion date II quarter, 2025 (Off-plan)
- 1 527 888 AED - 7 500 000 AEDCompletion date IV quarter, 2021 (Completed)
- 2 275 000 AED - 6 600 000 AEDCompletion date III quarter, 2021 (Completed)
- 1 246 000 AED - 2 950 000 AEDCompletion date II quarter, 2025 (Off-plan)
- 1 900 000 AED - 74 999 548 AEDCompletion date IV quarter, 2026 (Off-plan)
- Dubai Creek Harbour, Dubai1 800 000 AEDCompletion date III quarter, 2028 (Off-plan)
- 1 720 000 AED - 4 310 000 AEDCompletion date IV quarter, 2026 (Off-plan)
- Dubai Creek Harbour, Dubai1 700 000 AEDCompletion date III quarter, 2028 (Off-plan)
- 694 000 AEDCompletion date IV quarter, 2023 (Off-plan)
