Distress Property, OFF PLAN

DAMAC Bay 2 Cavalli | Dubai Harbour | 1BR Sea View | Floor 43 | Below Market | AED 4.3M

Ref: DB2-DH-1BR-004

Damac Properties

Dubai Harbour, United Arab Emirates

Bedrooms

1

Down Payment

On Request

Handover Date

Q2-2028
aed 4,300,000
Request_call
Description
  • Unit: 1-Bedroom Apartment, DAMAC Bay 2 by Cavalli, Dubai Harbour, Dubai
  • BUA: 1,234 sq ft | Floor 43 | Full Sea View (Harbour + Palm Jumeirah)
  • Price: AED 4,300,000 | Original Purchase Price: AED 3,850,000 | Current Market Value: ~AED 4,800,000+
  • Status: Off Plan | Q1 2028 Handover | 29% Paid | 80/20 Payment Plan Transferable
  • USP: 43rd floor full sea view in a Roberto Cavalli-branded tower — below current market at AED 3,483/sqft

What is this DAMAC Bay 2 Cavalli 1BR deal in Dubai Harbour?

This 1BR DAMAC Bay 2 Cavalli Dubai Harbour listing offers a 43rd-floor, 1,234 sq ft apartment with full harbour and Palm Jumeirah sea views at AED 4,300,000. While the asking price is AED 450,000 above the seller’s original purchase price of AED 3,850,000, the unit is priced below current market valuations for comparable 43rd-floor Cavalli-branded units in Dubai Harbour, which are trading at AED 4,600,000–5,200,000 for equivalent specifications. The buyer steps into a premium address with AED 200,000–900,000 of immediate unrealised equity relative to market, plus a 71% completion balance on an 80/20 payment plan to Q1 2028 handover.

DAMAC Bay 2 by Cavalli is one of Dubai Harbour’s most distinctive residential projects, designed under the Roberto Cavalli brand with signature fashion-house interiors, bespoke lobby design, and premium amenity programming including beach club access, infinity pools, and signature dining. Dubai Harbour, located between JBR and Palm Jumeirah on the Sheikh Zayed Road coastal corridor, is one of Dubai’s newest premium waterfront addresses, anchored by the Dubai Harbour Marina, a retail waterfront, and the Dubai Harbour Cruise Terminal.

With 29% of the payment plan already completed and 71% remaining on the 80/20 structure, the buyer assumes a structured payment commitment to handover. This is a momentum-carry trade: the original buyer has absorbed the early payments and initial price appreciation risk; the incoming buyer acquires at a below-market entry with a defined completion path to a Q1 2028 handover in one of Dubai’s most premium branded residential towers.

DAMAC Bay 2 Dubai Harbour — Property Specifications

  • Project: DAMAC Bay 2 by Cavalli | Developer: DAMAC Properties
  • Type: 1-Bedroom Apartment | BUA: 1,234 sq ft
  • Bedrooms: 1 | Bathrooms: 2 | Parking: 1
  • Floor: 43rd Floor (High Floor) | View: Full Sea View (Dubai Harbour + Palm Jumeirah)
  • Furnishing: Unfurnished | Status: Off Plan
  • Handover: Q1 2028 | Amount Paid: 29%
  • Community: Dubai Harbour, Dubai, UAE
  • Original Purchase Price: AED 3,850,000
  • Estimated Current Market Value: AED 4,600,000–5,200,000
  • Asking Price: AED 4,300,000 | Below market by: AED 300,000–900,000
  • Price Per Sq Ft: AED 3,483
  • DLD Transfer Fee: 4% = AED 172,000
  • Estimated Service Charge: ~AED 25–30/sqft/yr ≈ AED 30,850–37,020/yr
  • Ownership: Freehold | Listing Reference: DB2-DH-1BR-004

Payment Plan — What the Buyer Steps Into

  • Original Purchase Price: AED 3,850,000
  • Already Paid by Seller: 29% = AED 1,116,500
  • Seller Asking Price: AED 4,300,000
  • Remaining to Developer (71%): ~AED 2,735,000 (payable per schedule to Q1 2028)
  • DLD Transfer Fee (4%): AED 172,000
  • Trustee / Conveyancing: ~AED 4,200
  • Total Indicative All-In Cost: ~AED 7,011,200 (AED 4.3M + remaining plan + DLD)

The buyer pays AED 4,300,000 to the seller for the assignment. The remaining 71% (~AED 2,735,000) of the original plan continues payable to DAMAC Properties per the original milestone schedule to Q1 2028 handover. An NOC is obtained from DAMAC for the assignment. The DLD registers the off-plan transfer at the assignment price. This is a transferable off-plan unit — confirm the exact milestone schedule with the DPF team before signing.

Pricing Analysis — Why This Is a Deal in 2026

  • Seller’s OP: AED 3,850,000 | Asking: AED 4,300,000 | Market estimate: AED 4,600,000–5,200,000
  • Price/sqft: AED 3,483 vs Dubai Harbour Cavalli-branded range AED 4,000–5,500/sqft
  • Estimated saving vs current market: AED 300,000–900,000 (6.5–17.3%)
  • Floor 43 premium: High-floor sea view units command 15–25% premium vs mid-floor in this project
  • Estimated gross rental yield (at handover): 5–7% on AED 4.3M acquisition

DAMAC Bay 2 by Cavalli is one of the most recognisable branded residential projects in Dubai Harbour. The Cavalli branding drives premium both in sale and rental markets — comparable branded luxury towers in Dubai consistently achieve 15–25% higher resale values and rental premiums than non-branded equivalents. At AED 3,483/sqft on the 43rd floor with full sea view, this unit is acquiring into the Cavalli premium at a below-market price — the seller has absorbed the launch-phase risk and the buyer inherits the appreciation gain.

Dubai Harbour — Location and Why It Matters

Dubai Harbour is a 20 million sqft integrated waterfront development positioned between Jumeirah Beach Residence (JBR) and Palm Jumeirah on Sheikh Zayed Road. The development houses one of the region’s largest marinas (1,100 berths), a retail waterfront promenade, the Dubai Harbour Cruise Terminal (handling vessels up to 2 km in length), and a growing hotel and residential community. The DAMAC Bay 2 towers are positioned within the marina precinct, giving residents direct access to the waterfront from their building.

Connectivity is excellent: DAMAC Bay 2 is approximately 2.8 km from JBR Walk, 3.5 km from Dubai Marina Mall, and 0.8 km from the Dubai Harbour Marina. The Walk at JBR and the JBR beach are within a 5–8 minute drive, and the Palm Jumeirah’s Nakheel Mall is 4 km away. For investors, Dubai Harbour’s brand strength and marina lifestyle position it as one of the most defensible luxury residential addresses in the UAE, with both rental and resale performance consistently outpacing the broader Dubai market.

Dubai Harbour — Distances and Connectivity

  • JBR Walk / The Beach: 2.8 km | ~8 min drive
  • Dubai Marina Mall: 3.5 km | ~9 min drive
  • Palm Jumeirah / Atlantis: 4.0 km | ~10 min drive
  • DMCC / JLT Metro Station: 5.5 km | ~12 min drive
  • Mall of the Emirates: 10.0 km | ~15 min drive
  • Downtown Dubai / Burj Khalifa: 25.0 km | ~30 min drive
  • Dubai International Airport (DXB): 34.0 km | ~35 min drive
  • Al Maktoum International Airport (DWC): 30.0 km | ~30 min drive

DAMAC Bay 2 Cavalli — Building Amenities

  • Roberto Cavalli-designed signature lobby and interiors
  • Infinity pool with full sea view
  • Private beach club access
  • Rooftop leisure deck and sky pool
  • Fully equipped Cavalli-branded gym
  • Spa and wellness centre
  • Concierge and valet parking
  • High-end dining outlets within the podium
  • Children’s pool and play area
  • Smart home system in each unit
  • 24-hour manned security and CCTV
  • Direct marina waterfront access

Who Should Buy This DAMAC Bay 2 1BR in Dubai Harbour?

  1. Capital appreciation investor: At AED 3,483/sqft on floor 43 of a Cavalli-branded tower in Dubai Harbour, this unit is acquiring below current market valuation for comparable high-floor sea-view units. With Q1 2028 handover providing a defined completion timeline, the investor carries a clear asset value uplift trajectory as Dubai Harbour matures and the marina lifestyle infrastructure fills out. Luxury branded towers in comparable Dubai waterfront locations have consistently delivered 20–40% above-launch returns by handover.
  2. Holiday home / short-stay investor: Cavalli-branded residences in premium Dubai waterfront locations achieve premium short-stay rates. A sea-view 1BR on floor 43 of DAMAC Bay 2 can command AED 1,200–1,800/night in peak season with 60–70% annual occupancy — generating gross annual revenue of AED 262,800–460,000. Net yield after management (~30%) of 4.3–7.5% on the AED 4.3M acquisition cost.
  3. Long-stay tenant play: Dubai Harbour 1BR units with sea views at premium addresses achieve AED 200,000–280,000/year on annual leases from corporate executives and UAE-based HNWI tenants. At AED 4.3M acquisition, estimated gross yield of 4.7–6.5% — supported by the scarcity premium of Cavalli-branded sea-view inventory in Dubai Harbour.

How to Acquire This Unit — Step by Step

  1. Contact DPF via WhatsApp quoting reference DB2-DH-1BR-004
  2. Receive the SPA copy, DAMAC milestone payment schedule, and current balance confirmation
  3. Confirm funding structure — AED 4,300,000 (assignment) + remaining DAMAC milestones
  4. Sign MOU outlining assignment price and timeline
  5. Obtain NOC from DAMAC Properties for the off-plan assignment
  6. Execute the SPA assignment and make the AED 4,300,000 payment to the seller
  7. Register the assignment at the Dubai Land Department and pay DLD fees
  8. Continue payments to DAMAC per original milestone schedule; receive keys and title deed at Q1 2028 handover. All listings verified by DistressPropertyFinder.com.

Frequently Asked Questions — DAMAC Bay 2 Cavalli Distress Sale

Is this property priced below the current market value?

Yes — at AED 4,300,000 (AED 3,483/sqft), this 43rd-floor Cavalli-branded unit with full sea view is estimated to be AED 300,000–900,000 below current market valuations of AED 4,600,000–5,200,000 for comparable DAMAC Bay 2 high-floor sea-view units in Dubai Harbour as of Q1 2026.

What is the price per square foot for DAMAC Bay 2 in Dubai Harbour?

AED 3,483/sqft based on 1,234 sq ft BUA and the AED 4,300,000 asking price. Comparable Cavalli-branded units in Dubai Harbour are currently trading at AED 4,000–5,500/sqft in the secondary market.

Is the payment plan transferable to the buyer?

Yes — this is an 80/20 payment plan with 29% already paid. The remaining 71% of the original plan transfers to the buyer and continues payable to DAMAC Properties per the original milestone schedule to Q1 2028 handover.

What are the total acquisition costs including DLD?

Indicative total outlay: AED 4,300,000 (assignment to seller) + remaining DAMAC milestones ~AED 2,735,000 + DLD fee AED 172,000 + trustee ~AED 4,200. Total plan commitment approximately AED 7,011,200.

What rental yield can I expect from this unit?

At Q1 2028 handover, estimated annual long-let income of AED 200,000–280,000 gives a gross yield of 4.7–6.5% on the AED 4.3M assignment price. Holiday rental on a managed basis can achieve 4.3–7.5% net yield given the premium sea-view and Cavalli brand positioning.

When is the handover / completion date?

Handover is scheduled for Q1 2028 per DAMAC Properties’ original project timeline. Confirm the latest developer update at the time of inquiry.

Is DAMAC Properties a reputable developer in Dubai?

DAMAC Properties is one of the UAE’s largest listed real estate developers, with a multi-decade track record of delivering luxury branded residences across Dubai, the UAE, and internationally. DAMAC Bay 2 by Cavalli is fully escrow-registered under RERA, providing buyer protection.

How do I proceed with buying this property through DistressPropertyFinder.com?

WhatsApp DPF quoting reference DB2-DH-1BR-004 to receive the full SPA, payment schedule, and DAMAC balance confirmation. DistressPropertyFinder.com will coordinate the NOC, assignment, and DLD registration process end-to-end.

Payment_Plan

MilestonePayment%
Down_PaymentOn Request

Features

24-hour concierge service
24-hour concierge service
24x7 Security
24x7 Security
Air Conditioning
Air Conditioning
Aquatic Gym
Aquatic Gym
Balcony
Balcony
Barbeque
Barbeque
Built in Wardrobes
Built in Wardrobes
CCTV Camera
CCTV Camera
Covered Parking
Covered Parking
covered parking area
covered parking area
Elevator
Elevator
Fitness center
Fitness center
Fitness center with virtual training programs
Fitness center with virtual training programs
Gym
Gym
Gymnasiums
Gymnasiums
kids play area
kids play area
Mosques
Mosques
Outdoor cinema
Outdoor cinema
Outdoor Gym
Outdoor Gym
Panoramic indoor gymnasium
Panoramic indoor gymnasium
Parking Area
Parking Area
RESTAURANTS
RESTAURANTS
RETAIL OUTLETS
RETAIL OUTLETS
Smart Home system
Smart Home system
Swimming Pool
Swimming Pool
Swimming Pool In Balcony
Swimming Pool In Balcony
Temperature Controlled Swimming Pool
Temperature Controlled Swimming Pool
Well-equipped gym and training studio
Well-equipped gym and training studio

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