DAMAC «Bay 2 by Cavalli»
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
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

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.

Projected Cap Rate
4.3%
NOI AED 129,450 / year
Cash-on-Cash
2.2%
Levered cashflow AED 30,450
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 195,000 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
DAMAC «Bay 2 by Cavalli» launch basis3,333AED 3.00MCurrent launch / asking basis
Dubai Harbour ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai Harbour premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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DAMAC «Bay 2 by Cavalli» official render 1

DAMAC «Bay 2 by Cavalli» official render 1

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DAMAC «Bay 2 by Cavalli» official render 5

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DAMAC «Bay 2 by Cavalli» official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

15% down payment

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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 Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Dubai HarbourDubai HarbourDubai, UAE

Developer Track Record

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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