Damac Bay 2 is an off-plan project by DAMAC in Dubai Marina, Dubai. Prices start from AED 8,338,000, the payment plan is 20% On booking · 20% During construction · 60% Upon Handover, handover is expected in Q4 2028 and construction is 26% complete.
Damac Bay 2 is an off-plan residential project by DAMAC in Dubai Marina, Dubai. It is the second phase of the DAMAC Bay waterfront development and follows the Cavalli-inspired concept of the first phase. The Dubai Land Department (DLD) register shows 26% construction progress and expected completion in Q4 2028.
Damac Bay 2 at a glance
| Item | Detail |
|---|---|
| Developer | DAMAC |
| Area | Dubai Marina, Dubai |
| Unit types | 2–4 bed apartments and duplexes |
| Units / buildings (DLD) | 21 units, 2 buildings |
| Construction start | July 2023 |
| Construction progress (DLD) | 26% |
| Expected completion (DLD) | Q4 2028 |
| Starting price | AED 8,789,999 (developer price list, may change) |
| Highest listed price | AED 30,111,999 |
| Payment plan | 20% on booking, 20% during construction, 60% upon handover |
| Service charge | AED 25–27 per sq ft |
| Furnishing | Kitchen only |
| Sales status | On sale |
Unit sizes and prices
The developer price list shows these two-bedroom and three-bedroom options:
- 2 bed: from AED 7,633,000 (2,281 sq ft) up to AED 9,627,000 (2,863 sq ft), across several layouts.
- 2 bed: from AED 4,115,000 for 931 sq ft. This is below the stated starting price, so ask Dani to confirm it.
- 3 bed: from AED 8,886,000 (2,323 sq ft) and from AED 9,688,000 (2,213 sq ft).
Four-bedroom pricing is not in the data we hold. Prices change, so ask Dani for the latest price list and floor plans.
Interiors and amenities
The developer describes porcelain tiled floors, painted plastered walls with accent walls, partly finished gypsum ceilings and built-in wardrobes. Kitchens are fitted with a refrigerator, cooker, hob and washing machine. Homes are otherwise unfurnished.
The amenity list leans towards wellness and the Cavalli brand. It includes an infinity pool, floating spa pods, hot boat tubs, a yoga area, tropical treatment rooms, a Cavalli museum, an art and fashion studio, a virtual fitting room, a Cavalli sushi bar, a jungle bar and a café and lounge. Confirm the final amenity list before you reserve.
Location: Dubai Marina
Dubai Marina is a high-rise waterfront community built around an artificial canal. It is known for Marina Walk, restaurants, the beach at JBR and easy links to Sheikh Zayed Road, the Metro and the tram. It tends to suit buyers who want a walkable, busy waterfront setting, and investors who look for steady rental interest.
Distances from the project data:
- South beach lifestyle: 0.85 km, about 3 minutes by car
- Marinascape Mall: 1.7 km, about 8 minutes
- Raffles Early Childhood Centre: 1.3 km, about 7 minutes
- Media City Amphitheatre: 2.1 km, about 7 minutes
- Palm Jumeirah: 6.1 km, about 12 minutes
- Airport: 31.4 km, about 29 minutes
The developer's overview also mentions access to the Dubai Harbour waterfront promenade. Check the exact plot and walking routes on a map before you decide. You can compare other schemes on our Dubai Marina off-plan projects page.
Construction progress and handover
DLD data shows construction began in July 2023 and is 26% complete, with completion expected in Q4 2028. This is an expected date, not a promise. Handover dates can move.
Before you buy, check:
- The latest progress figure on the DLD register.
- The handover date written in the sale and purchase agreement (SPA).
- The unit count and building details. The register lists 21 units in 2 buildings, while the developer describes a 49-storey tower, so ask Dani to explain the difference.
- The service charge estimate of AED 25–27 per sq ft, which is a running cost after handover.
About the developer
DAMAC is a Dubai developer that has built residential and branded projects across the city for many years. It often works with fashion and design brands. See all DAMAC off-plan projects to compare.
How to buy off-plan in Damac Bay 2
- Choose a unit. Ask for the current price list, floor plan and availability.
- Reserve. You pay a booking deposit and sign a reservation form.
- Sign the SPA. Read the handover date, payment schedule and penalty clauses.
- Register with DLD. The sale is recorded in the Oqood system. The DLD fee is 4% of the price.
- Pay by schedule. The published plan is 20% on booking, 20% during construction and 60% upon handover. Under Dubai escrow law, buyer payments go into a regulated escrow account for the project.
Many units here are priced above AED 2 million, which is the usual Golden Visa property threshold. Eligibility depends on current rules and on how much has been paid, so check this before you rely on it. Our buying in Dubai FAQ covers the basics, and you can browse all Dubai off-plan projects.
To get the latest prices, floor plans and payment plan for Damac Bay 2, contact Dani.
Frequently asked questions
Who is the developer of Damac Bay 2?
Damac Bay 2 is developed by DAMAC. It is the second phase of the DAMAC Bay waterfront development and follows the Cavalli-inspired concept of the first phase.
Where is Damac Bay 2?
The project is in Dubai Marina, Dubai. The South beach lifestyle area is about 0.85 km (3 minutes by car) away, and Palm Jumeirah is about 6.1 km (12 minutes).
When is Damac Bay 2 expected to be handed over?
The DLD register shows expected completion in Q4 2028, with construction 26% complete. Construction started in July 2023. Treat the date as an expectation and check the handover date in your SPA.
What is the payment plan for Damac Bay 2?
The published plan is 20% on booking, 20% during construction and 60% upon handover. Prices and terms can change, so ask Dani for the current price list and payment plan.
Can foreigners buy in Damac Bay 2?
Foreign buyers can generally buy freehold property in designated areas of Dubai, including Dubai Marina. Confirm the unit's freehold status and your own circumstances before you reserve.
Project facts come from the Dubai Land Department project register and the developers' published price lists, and are refreshed regularly. Prices, availability and payment plans can change at any time: ask Dani for the latest.
Prices, availability and payment plans change often and are set by the developer. Ask for the latest details before making a decision.
