
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.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| DAMAC «Bay 2 by Cavalli» launch basis | 3,333 | AED 3.00M | Current launch / asking basis |
| Dubai Harbour ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Dubai Harbour premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |

























DAMAC «Bay 2 by Cavalli» official render 1

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DAMAC «Bay 2 by Cavalli» official render 10
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Dubai Harbour
DAMAC «Bay 2 by Cavalli» by Damac Properties
Located in Dubai Harbour
Starting from AED 3,000,000
Unit mix includes 1 BR, 2 BR, 3 BR, 4 BR
Expected handover: Dec 2028
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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