DAMAC «Bay 2 by Cavalli» — project image
Off-Plan

DAMAC «Bay 2 by Cavalli»

From AED 3.00M·Handover Dec 2028·15% down payment Payment
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AED 3.00M
Starting Price
Dec 2028
Handover
15% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Bay 2 by Cavalli is a stunning development by Damac Properties, located on the shores of the Arabian Gulf in the Dubai Harbour area. The complex consists of one basement level, a ground level, four podium levels, and 49 residential floors. It offers luxurious one-, two-, and three-bedroom apartments with breathtaking views of the coastline and sea, as well as exclusive three-, four-, and five-bedroom residences on the upper floors. Owners of these residences can enjoy spectacular views of the city and a private pool on a spacious terrace. Each living space features well-thought-out layouts that blend seamlessly with the exquisite interiors designed by Cavalli’s top designers. The residences feature premium finishes and high-end appliances for maximum comfort. The complex combines elegance with exclusive amenities. Residents can enjoy a private beach, a gym, a spa, swimming pools, and a unique water maze. Cafés, restaurants, children’s play areas, and sports facilities are also available. Thanks to its prime location, residents can easily reach Dubai’s key landmarks. Dubai Marina is 5 minutes away, Burj Al Arab is 10 minutes, and Dubai Mall and Dubai International Airport are just 20–25 minutes by car.

Project Specifications
DeveloperDamac Properties
LocationDubai Harbour
Unit Types1 BR, 2 BR, 3 BR, 4 BR, Apartments
AreaDubai Harbour
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 129,450 / year
Cash-on-Cash
2.2%
Levered cashflow AED 30,450
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.38M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

15% down payment

Published payment summary

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Amenities & Lifestyle

BBQ
Children’s pool
Concierge Service
Covered Parking
Coworking zone
Dining outlets (coffee houses & restaurants)
Kids Play Area
Laundry
Leisure areas
Pets Allowed
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym & fitness

Location

Dubai Harbour

Nearby Destinations

Dubai Harbour

Developer and Project Facts

01

DAMAC «Bay 2 by Cavalli» by Damac Properties

02

Located in Dubai Harbour

03

Starting from AED 3,000,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, 4 BR

05

Expected handover: Dec 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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