DAMAC Bay by Cavalli Dubai is an off-plan residential project at Dubai Harbour, described by the developer DAMAC Properties as a 42-storey tower of apartments and duplexes with interiors designed by Cavalli, and listed on its project page with a payment plan of 60/40* and a handover of Q3, 2027.

This guide to DAMAC Bay by Cavalli Dubai reads the damacproperties.com project page, Property Finder, Gulf News and Zawya as they stood on 13 November 2026. The sources do not agree on the handover, on the number of towers, on the floor split or on whether units are still on sale, so every figure is shown with its source and date and none is picked over another.
It adds the unit mix and size ladder, the payment plans as arithmetic in AED and USD, the drive times the developer prints, the Dubai rules on freehold, registration, escrow and fees, and a list of what a buyer can ask for in writing before reserving.
The damacproperties.com project page presents DAMAC Bay by Cavalli under the headline “a new wave” of waterfront living and calls it a 42-storey building with sleek exteriors and Cavalli-designed nautical interiors. It lists 1 to 3 bedroom apartments and 3 to 5 bedroom duplexes with sea views, a payment plan of 60/40* and a project handover of Q3, 2027.

The page is branded “Branded by Cavalli”, and that is the whole of the brand statement made here: Cavalli is the brand partner as the developer prints it.
The location is Dubai Harbour. The developer’s FAQ says the project sits in Dubai Harbour, which it describes as opposite Dubai Marina, and the page data carries coordinates of 25.092668 north, 55.143734 east. The street named by that portal is King Salman Bin Abdulaziz Al Saud Street. No plot number, building number or master-developer note is printed on the pages read.
For anyone comparing DAMAC Bay by Cavalli Dubai with its sequel, DAMAC Bay 2 by Cavalli is a separate project in the same area with its own page on this site. This guide covers the first project only.
| DAMAC Bay by Cavalli Dubai: item | Value as printed | Source and date |
|---|---|---|
| Developer | DAMAC Properties | damacproperties.com, 13 Nov 2026 |
| Brand partner | Cavalli (“Branded by Cavalli”) | damacproperties.com, 13 Nov 2026 |
| Location | Dubai Harbour, Dubai | damacproperties.com, 13 Nov 2026 |
| Project type | Off-plan residential (developer FAQ) | damacproperties.com, 13 Nov 2026 |
| Unit types | 1 to 3 bedroom apartments; 3 to 5 bedroom duplexes (intro text); cards list 1 BR apartments, 4 BR and 5 BR penthouses | damacproperties.com, 13 Nov 2026 |
| Size on unit cards | 1 BR up to 1,304 sq ft; 4 BR up to 10,036 sq ft; 5 BR up to 10,054 sq ft | damacproperties.com, 13 Nov 2026 |
| Payment plan | 60/40* (asterisk printed, no note read) | damacproperties.com, 13 Nov 2026 |
| Handover | Q3, 2027 in the intro block; Q4 / 2028 on the unit cards | damacproperties.com, 13 Nov 2026 |
| Price | “From Loading…” in the page text, no price printed | damacproperties.com, 13 Nov 2026 |
| Ownership type | Freehold (portal) | Property Finder, 13 Nov 2026 |
The amenities the developer lists are an infinity pool, a sky garden, floating workstations, a private beach and an opera pavilion. No architect or contractor is named for this project in the sources read. The brand statement above is attributed text, not an assessment, and nothing in this guide rests on it.
Three kinds of source describe the project: the developer’s own page, a portal (Property Finder) and press (Gulf News, Zawya). They were read on 13 November 2026, apart from press items that carry their own date. The tables below set the sources side by side. Where they differ, the difference is recorded as a dated difference between sources and left open.
| DAMAC Bay by Cavalli Dubai: source | Status as printed | Handover as printed | Date |
|---|---|---|---|
| DAMAC project page, intro block | Off-plan; page data flag inventoryAvailable true | Project Handover Q3, 2027 | 13 Nov 2026 |
| DAMAC project page, unit cards | From Loading… (no price) | Q4 / 2028 on the 1 BR, 4 BR and 5 BR cards | 13 Nov 2026 |
| DAMAC project page, embedded data | Off-plan | deliveryDate field 2028-12-31 | 13 Nov 2026 |
| Property Finder project page | “Sold out”; construction started 16 April 2023; sales started 15 April 2023 | Delivery Date Q1 2027; expected completion 15 January 2027 | 13 Nov 2026 |
| Gulf News | Project launched January 2023 | “scheduled for completion July 2027” | 31 Jul 2025 |
Three handover answers sit inside the developer’s own page: Q3, 2027 in the intro block, Q4 / 2028 on the unit cards and 31 December 2028 in the embedded data. Property Finder prints Q1 2027 and a day, 15 January 2027. Gulf News printed July 2027 in July 2025. The sources read give no completion percentage, so no construction stage is stated here.
On status the developer page and the portal differ in kind. The developer page carries an inventory flag set to true and a unit-card block headed Available Units, with no price shown. Property Finder labels the project Sold out. Neither entry is repeated here as a fact about stock: the guide says only what each source prints and the date it was read.
| DAMAC Bay by Cavalli Dubai: item | Developer page | Property Finder | Zawya (release dated 2022 or early 2023) |
|---|---|---|---|
| Number of towers | Intro text speaks of “this exclusive tower” | Text: 3 interconnected towers; key information: Number of buildings 1 | 42-storey three-tower property |
| Storeys | 42-storey | Not printed | 42-storey |
| Floors for 1 to 3 BR apartments | Level 2 to level 28 (FAQ) | Not printed | 2nd to 32nd floors |
| Floors for larger units | 3 to 5 BR from level 29 to level 40 (FAQ) | Not printed | 3 to 5 BR duplexes on the 33rd to 42nd floors |
| Total units | Not printed | Not printed | Not printed |
The floor split is where the sources diverge most. Counted from the figures, the FAQ’s levels 2 to 28 are 27 levels and levels 29 to 40 are 12 levels, while Zawya’s floors 2 to 32 are 31 and 33 to 42 are 10. These are not the same arrangement, and both end at a different top level.
The FAQ’s top level of 40 sits below the 42 storeys named in the intro text, which may reflect plant or rooftop levels, but no source says so and the guide does not assume it.
Some guide pages and aggregator snippets quote totals of roughly 1,066 or 1,069 units. The developer prints no unit total, and the figures were not found on a page that could be re-read, so they are not used. The facts file for this listing leaves the unit count empty for that reason.
The developer’s page text prints no price for DAMAC Bay by Cavalli. Where a price would be, the visible text reads “From Loading…”, because the figure is filled in by the page’s script. The embedded page data does carry a minimum price field, but it holds integers that look like AED multiplied by 100. A payload number is therefore never printed here as a price.

One payload value can be checked against an outside source: the minimum, once divided by 100, equals AED 3,939,000, which is the launch price Property Finder prints for the project (shown there as 3.9M AED, and as a starting price of 3939000 AED). The guide therefore states AED 3,939,000 as inferred from the payload (divide by 100) and matching Property Finder, and does not state a developer maximum, because no outside source matches it.
| DAMAC Bay by Cavalli Dubai: price item | AED | USD at 3.6725 per USD (arithmetic) | Source and note |
|---|---|---|---|
| Developer page text | No price printed | Not applicable | damacproperties.com, 13 Nov 2026 |
| Minimum inferred from payload (divide by 100) | 3,939,000 | about 1,072,566 | Payload, matching Property Finder launch price |
| Launch / starting price on the portal | 3,939,000 | about 1,072,566 | Property Finder, 13 Nov 2026; the same page shows Sold out |
The USD column is plain arithmetic at the pegged rate of 3.6725 dirhams per US dollar: 3,939,000 divided by 3.6725 is about 1,072,566. It is not a quoted price and carries no currency-risk statement, since the peg is a fixed official parity.
No source read prints a price per square foot or per square metre, so none is given. A reader who wants one can divide a unit’s written price by its written area once the unit is named in a price list.
The portal’s own text says that prices, availability and purchase conditions may change frequently. That line is attributed to Property Finder and read on 13 November 2026. Because the same page shows the project as Sold out, a buyer asking about DAMAC Bay by Cavalli may be offered resale units rather than developer units. Whether any unit is open from the developer is a question for the developer, in writing, with a unit number.
The developer’s site shows its display currency as GBP in the language bar, which is why project cards elsewhere on the site show a pound sign. The prices above are AED, the currency of the payload and of the portal figure.
This section follows one angle: how far the printed sizes, bedroom counts and floor figures can be lined up, and where they cannot. It uses only the developer’s unit cards and text, plus the press description, and calculates only from printed numbers.

| DAMAC Bay by Cavalli Dubai: unit card | Bedrooms | Area up to (sq ft, as printed) | Area up to (m2, calculated) | Handover on the card |
|---|---|---|---|---|
| 1 BR apartments | 1 | 1,304 | 121.1 | Q4 / 2028 |
| 4 BR penthouse | 4 | 10,036 | 932.4 | Q4 / 2028 |
| 5 BR penthouse | 5 | 10,054 | 934.0 | Q4 / 2028 |
The square-metre column multiplies the printed square feet by 0.092903. The cards say “Up to”, so each number is a ceiling for that card, not a size for every unit of that type. The embedded data lists a size range of 1,304 to 10,054 sq ft, which is 121.1 to 934.0 m2 by the same factor, and bedrooms of 1, 4 and 5 with bathrooms from 2 to 7.
The developer’s intro text names 1 to 3 bedroom apartments and 3 to 5 bedroom duplexes. The 2 and 3 bedroom types, and the 3 bedroom duplex, have no card of their own in the page read.
The jump from 1,304 to 10,036 sq ft between the 1 BR card and the 4 BR card is a factor of about 7.7, calculated from the printed numbers. Between the 4 BR and 5 BR cards the difference is 18 sq ft, about 1.7 m2.
A 4 BR penthouse card and a 5 BR penthouse card of almost the same ceiling area suggest the cards describe the largest unit in each group, which is a reading of the numbers and not a statement in any source.
Types are named differently across sources. The developer’s cards say apartment and penthouse. The developer’s intro text says duplexes. Property Finder lists the property types as Apartment and Duplex, and its text mentions duplexes in 3 and 5 bedrooms with a private pool each. Because that private-pool line appears on a portal and not on the developer page, it is recorded as the portal’s wording and not as a fact about a unit.
| DAMAC Bay by Cavalli Dubai: floor reading | Levels | Count (calculated) | Source |
|---|---|---|---|
| 1 to 3 BR units | 2 to 28 | 27 levels | Developer FAQ |
| 3 to 5 BR units | 29 to 40 | 12 levels | Developer FAQ |
| 1 to 3 BR units | 2 to 32 | 31 floors | Zawya |
| 3 to 5 BR duplexes | 33 to 42 | 10 floors | Zawya |
A buyer cannot settle this from the marketing pages. The unit number in the contract fixes the floor, and the floor plan attached to the contract fixes the area. Both are items on the list of what to ask for in writing further down this page.
The ceiling area of the larger cards is also the reason that price and area should be asked for together. A written offer that names the unit, the floor, the area in square feet and the AED price lets a buyer calculate a figure per square foot independently, which is the one number the sources for DAMAC Bay by Cavalli do not print.
The developer prints the payment plan as 60/40*, with an asterisk. The page text read on 13 November 2026 carries no note explaining the asterisk and no definition of which instalments make up the 60 and the 40. Property Finder prints a three-part plan, 20/40/40: 20% down payment at sales launch, 40% during construction and 40% on handover. Other portals and search results quote further splits, but those pages were not re-read, so they are left out.

Both plans can be applied, as arithmetic, to the one AED figure available for comparison, the inferred minimum of AED 3,939,000. This is an illustration of what the percentages mean in dirhams, not a price list, since no unit is named.
| DAMAC Bay by Cavalli Dubai: plan on AED 3,939,000 | Stage | Share | AED (calculated) | USD at 3.6725 (calculated) |
|---|---|---|---|---|
| Developer 60/40* | First part (stage not defined on the page) | 60% | 2,363,400 | about 643,540 |
| Developer 60/40* | Second part (stage not defined on the page) | 40% | 1,575,600 | about 429,027 |
| Property Finder 20/40/40 | At sales launch | 20% | 787,800 | about 214,513 |
| Property Finder 20/40/40 | During construction | 40% | 1,575,600 | about 429,027 |
| Property Finder 20/40/40 | On handover | 40% | 1,575,600 | about 429,027 |
The two plans share one number, a closing 40% of AED 1,575,600 on this illustration. They differ in how the first 60% is split. Property Finder splits it into 20% at launch and 40% during construction. The developer’s 60/40* does not say whether the 60 is a down payment, a staged payment or both.
A buyer who is offered either plan can ask the developer to state, in the sale contract, each instalment in AED, its due date or its construction milestone, and the name of the escrow account that receives it. The Dubai rules on that account are explained in the section on buying off-plan below.
The sale agreement for an off-plan unit is registered with Dubai Land Department. The fee schedule for that registration is shown in the table of Dubai rules below, and a share of it can be agreed between the parties, so the plan percentages should be read together with the registration fee and the service charge, not alone.
The developer lists five amenity cards for DAMAC Bay by Cavalli: an infinity pool, a sky garden, floating workstations, a private beach and an opera pavilion. The card for the infinity pool says it is a rooftop pool, the card for floating workstations says they float in the pool, the private beach card mentions food and beverage outlets, and the pavilion card says it sits on the roof with a water fountain synchronised to opera performances.

Zawya reported the original launch with more detail, in an item dated by its copyright line 2022 and syndicated from TradeArabia.
It describes a white-sanded private beach, food and beverage outlets, a Cavalli Lounge, a lobby with high glass windows, a podium with a water maze, hammocks above a ground-level infinity pool, a rooftop infinity pool on each of three towers, an opera pavilion, a fountain in the central tower, and a Cavalli-inspired bridge that coils across the rooftops.
These are the release’s words, attributed to the developer’s statements at the time, and they were not re-checked against the present page.
| DAMAC Bay by Cavalli Dubai: amenity | Developer page (13 Nov 2026) | Zawya release (2022) |
|---|---|---|
| Pool | Infinity pool (rooftop) | Rooftop infinity pool on each of three towers; ground-level infinity pool at podium |
| Garden | Sky garden | Not mentioned |
| Work areas | Floating workstations | Floating workstations on the roof pool |
| Beach | Private beach with food and beverage spots | White-sanded private beach, food and beverage outlets |
| Rooftop feature | Opera pavilion with synchronised fountain | Opera pavilion; central-tower fountain; Cavalli-inspired bridge |
| Lounge | Not mentioned | Cavalli Lounge |
Property Finder’s text adds business centres, entertainment zones, sports facilities and waterfront dining venues, in general terms and without a location in the building. A buyer who wants any of these in the contract should ask for it in the schedule of amenities, because a marketing line is not a contractual specification.
The developer’s interior note is limited to the phrase Cavalli-designed nautical interiors and a description of motifs such as sea shells, pearls and zebrafish-inspired patterns. The pages read give no finish schedule, no list of appliances and no statement about whether units are sold furnished.
DAMAC Bay by Cavalli is placed by the developer in Dubai Harbour, a waterfront district that the developer’s FAQ describes as opposite Dubai Marina. Property Finder says the building is off King Salman Bin Abdulaziz Al Saud Street and gives easy access to Dubai Marina, Palm Jumeirah and JBR as its wording.

The coordinates in the page data, 25.092668 and 55.143734, can be pasted into any map to see the position, and a visit on foot or by car is the only way to judge the surroundings.
The developer prints a table of times in its FAQ. The same list appears, word for word, on the page of the sequel project, so it is a district-level list and not a measurement made from this building’s entrance. The page says “mins” without stating whether the time is by car, by taxi or on foot, except for the two airports, where the Al Maktoum figure is called a 30-minute drive and the Dubai International figure is given as 40 mins.
| DAMAC Bay by Cavalli Dubai: place named by the developer | Time as printed |
|---|---|
| JBR Walk | 5 mins |
| Barasti Beach | 5 mins |
| Dubai Marina Walk | 6 mins |
| Dhow Cruise at the Marina | 7 mins |
| Xline Dubai Ziplining | 8 mins |
| Skydive Dubai | 12 mins |
| Dubai Marina Mall | 5 mins |
| Bluewaters Dubai | 6 mins |
| Ibn Battuta Mall | 10 mins |
| Madinat Jumeirah | 12 mins |
| Mall of the Emirates | 15 mins |
| Sunset Mall | 20 mins |
| Emirates Hospital Clinics, Dubai Marina | 5 mins |
| King Marina Medical Centre | 5 mins |
| Novomed Dubai Marina | 6 mins |
| Medcare Medical Centre JBR | 7 mins |
| Quality Life Medical Centre | 8 mins |
| Nucleus Clinic | 8 mins |
| Le Meridien Mina Seyahi | 5 mins |
| Westin Mina Seyahi | 5 mins |
| Grosvenor House | 5 mins |
| Marriott Harbour Hotel & Suites | 6 mins |
| Raffles Early Childhood Centre | 5 mins |
| Fun & Play Nursery | 6 mins |
| British Orchard Nursery | 10 mins |
| Dubai College | 12 mins |
| International School of Choueifat | 15 mins |
| Regent International School | 20 mins |
| Al Maktoum International Airport | 30-minute drive |
| Dubai International Airport | 40 mins |
Several of the names in this table, such as JBR Walk, Dubai Marina Walk and Dubai Marina Mall, are in the Dubai Marina and JBR area. Others are further along the coast, such as Madinat Jumeirah and Mall of the Emirates. The airport times are the only ones with a stated mode.
Property Finder’s page also carries a short text on living in Dubai Harbour, with district statistics. Those are market statistics from a portal and were not checked against the DLD open data, so the guide does not repeat or rely on them. DLD publishes transaction data of its own through its open data pages, and that is the primary source for any such figure.
The developer’s own text says the building offers sea views, and Zawya’s release says each unit was built to have a view of the sea. A view is a feature of a particular floor and orientation, so the written unit description should state it if it matters to the buyer.
Buying an off-plan unit such as DAMAC Bay by Cavalli in Dubai follows a set of public rules. The statements below come from Dubai Land Department (DLD), the Dubai Law Portal and the UAE government portal, re-read on 13 November 2026. They describe the rules and do not apply them to any one unit. This is general information, not legal, tax or financial advice, and a licensed adviser or the authority should be asked about a specific purchase.

Law No. 7 of 2006 limits ownership of real property in Dubai to UAE nationals, nationals of Gulf Cooperation Council states and companies fully owned by them, and to public joint stock companies. It allows non-UAE nationals to hold freehold or long leasehold rights in areas designated by the Ruler. Regulation No. 3 of 2006 is the original list of designated areas and later resolutions added others.
The UAE government portal page on expatriates buying property says that in Dubai, foreign ownership is permitted in areas designated as freehold, with ownership without restriction, usufruct or leasehold rights of up to 99 years.
Property Finder prints the ownership type for DAMAC Bay by Cavalli as Freehold. The developer’s own page read does not print a tenure. The DLD register and the sale contract are the documents that decide it, and the freehold and leasehold comparison on this site explains the difference between the two tenures in more detail.
| DAMAC Bay by Cavalli Dubai: rule | What the official source says | Source |
|---|---|---|
| Registration of the off-plan sale | The sale and purchase contract is registered in the provisional register within 90 days from the date of signing; the developer registers it through the Oqood portal | DLD service page for registering an initial sale |
| Fee on that page | Seller 2% of the sale value; purchaser 2% of the sale value; AED 10 knowledge fee; AED 10 innovation fee; AED 1,000 developer self-registration fee for a provisional sale | DLD service page for registering an initial sale |
| Registration fee, headline figure | 4% of the property’s value, paid on the agreement between seller and buyer, whether for a whole or a partial sale | DLD news item, 31 May 2021 |
| Developer’s project registration | Registers the project and opens an escrow account for off-plan sales; project registration fee AED 150,000 | DLD service page for registering a project |
| Escrow account | A project bank account into which amounts collected from purchasers of off-plan units are deposited; the escrow law applies to all developers selling off-plan in Dubai | DLD frequently asked questions |
| Escrow law | Law No. 8 of 2007 concerning real estate development escrow accounts; DLD publishes a compliance circular dated 8 January 2026 | DLD rules and regulations page |
The two fee lines show how the 4% headline and the 2%+2% split relate. The DLD service page shows a purchaser share of 2% plus the two AED 10 fees, and a seller share of 2%. The 2021 news item says the 4% is paid according to the agreement between the parties.
A buyer should therefore ask the developer who pays which share under the contract, and read the sale agreement’s fee clause. As arithmetic only, 4% of AED 3,939,000 is AED 157,560 and 2% is AED 78,780; these are not a quote for any unit.
According to the DLD frequently asked questions, all amounts received from buyers of off-plan units, including money from financing partners, are deposited in the project escrow account, and payments out of the account are, as a general rule, only for the contractors, consultants and marketing involved in the project. The same page says the account aims to regulate the building and construction of units sold off the plan and to safeguard purchasers’ rights.
For a payment plan that ties instalments to construction, the practical question is which milestone triggers each instalment. The sale contract should state it. The DLD project status service lets a user search a project by name or number and see, among other data, its status and the escrow account details, and the DLD describes the percentage of completion as part of that data. A buyer can run that search after obtaining the project name and number from the developer.
The UAE government portal Golden Visa page lists a category for real-estate holders with a minimum capital of AED 2 million, and a duration of 5 years listed for real estate, in the table read on 13 November 2026. The developer’s pages show a Golden Visa label on the unit cards, with no terms.
The label is a statement by the developer, and the guide does not treat any unit as eligible. The DLD Golden Visa service page is the DLD route for the property-based application, and the guide to the Dubai Golden Visa on this site describes it in more detail.
As arithmetic, AED 2,000,000 is about USD 544,588 at 3.6725. Whether a particular unit counts, whether a mortgage affects it, and whether the duration differs from the table, are questions for the authority at the time of application, since the rules and the durations published there can change.
Service charges for jointly owned property in Dubai are set within a regulatory framework, and the DLD service charge index lets a user look up RERA-approved charges for registered buildings. A new building has no history to look up, so the service-charge estimate for the building is one of the items to ask for in writing.
For tax, see the guide to property tax in Dubai, and for loans, the guide to mortgages in Dubai for foreigners. The off-plan buyers guide and the guide on whether foreigners can buy apartments in Dubai cover the same steps in plain language.
Before reserving a unit in DAMAC Bay by Cavalli or paying any deposit, a buyer can ask for the following documents and answers in writing. The list is a normal checklist for an off-plan purchase in Dubai and does not suggest anything about this project.

A buyer can also ask for a printout of the unit’s floor plan with its measured area and for the permitted use of the unit. These documents let a buyer compare the contract with what the marketing pages say about DAMAC Bay by Cavalli, and they also help an independent adviser check the purchase. The DLD title deed verification service and the DLD licence and permit validation service are public DLD services that can be used after the documents are received.
DAMAC Bay by Cavalli is one of several DAMAC projects with Cavalli branding on the developer’s site, and several others are on this site or will be published here. The table lists them with the area each source prints, followed by nearby Dubai listings from other developers. The table does not rank anything.

| DAMAC Bay by Cavalli Dubai and related listings: project | Area as printed | Developer | Notes |
|---|---|---|---|
| DAMAC Bay 2 by Cavalli | Dubai Harbour | DAMAC Properties | Sequel to this project; the developer page prints Q4, 2028 and a plan of 50/50* |
| Cavalli Tower | Dubai Marina (developer data) | DAMAC Properties | Cavalli-branded tower; separate project, not part of the Bay pair |
| Couture by Cavalli | Business Bay (developer data) | DAMAC Properties | Cavalli-branded; along the Dubai Canal at Safa Park per the developer |
| DAMAC Chelsea Residences | Dubai Maritime City (developer data) | DAMAC Properties | Co-branded with Chelsea as the developer prints it |
| DAMAC Casa | Al Sufouh (developer data) | DAMAC Properties | Separate DAMAC project; the developer data places it in Al Sufouh |
| The Royal Oceanic | Dubai Marina | Other developer | Existing listing on this site in the neighbouring community |
| Ellington Beach House | Palm Jumeirah | Ellington Properties | Existing listing on this site, same coast |
| Ocean House by Ellington | Palm Jumeirah | Ellington Properties | Existing listing on this site, same coast |
| Celestia | Dubai South | DAMAC Properties | The existing DAMAC listing on this site |
The pair most often read together is DAMAC Bay by Cavalli and DAMAC Bay 2 by Cavalli, since the developer’s pages use the same drive-time list for both. They differ in the printed plan (60/40* against 50/50*), in the printed handover (Q3, 2027 on the intro block against Q4, 2028) and in the storey count printed by the developer (42 against 49). Those figures come from the two project pages and are not a comparison of quality or value.
Readers looking at the wider market can use the Dubai real estate market guide, the Dubai developers directory, the Dubai listings and the UAE listings on this site. The developer directory has a profile of DAMAC Properties.
DAMAC Properties is a Dubai developer. DAMAC press release of 20 November 2024 says that DAMAC has launched more than 75 towers since its founding in 2002, and the same release names the founder and chairman as Hussain Sajwani. Some sources date the DAMAC group to 1982, and both dates are reported; the guide uses the one from the company’s own release.
The DAMAC press release of 4 September 2026 says that DAMAC has handed over more than 50,000 homes, that 55,000 or more units and more than 100 million square feet are in planning and development, and that it targets the delivery of more than 8,800 units in 2026 across its communities, naming DAMAC Lagoons, DAMAC Hills, DAMAC Hills 2, Chic Tower and Elegance Tower. These are the company’s own figures, dated 4 September 2026.
The developer’s master communities named in its materials include DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons, DAMAC Sun City, DAMAC Riverside and DAMAC Islands. The company’s pages print brand partnerships with Versace, Roberto Cavalli and de GRISOGONO, as the developer names them. The guide records them as printed and says nothing further about any partner.
The company’s contracting entity for this project is not named on the project page read, so it appears in the list of things to ask for in writing. No telephone numbers or e-mail addresses from the developer’s site are reproduced here.
DAMAC Bay by Cavalli Dubai is an off-plan residential project at Dubai Harbour by DAMAC Properties, branded by Cavalli as the developer prints it. The developer’s page describes a 42-storey building with 1 to 3 bedroom apartments and 3 to 5 bedroom duplexes. Its FAQ calls the project off-plan, and Zawya’s release speaks of three towers, so the number of towers differs between sources.
The sources differ and none is chosen here. The developer’s intro block prints Q3, 2027, its unit cards print Q4 / 2028 and its embedded data holds 31 December 2028. Property Finder prints Q1 2027 and 15 January 2027, and Gulf News printed July 2027 on 31 July 2025. The contract’s date is the one that counts.
The developer’s page prints no price; the text shows From Loading. An amount inferred from the page data, AED 3,939,000, matches the launch price on Property Finder. At 3.6725 per USD that is about USD 1,072,566. The portal marks the project Sold out, so a written price for a named unit is the only reliable figure.
The developer’s page carries an inventory flag set to true and an Available Units block with no prices. Property Finder labels the project Sold out. These are two statements by two sources on 13 November 2026. The guide does not say the project is available or sold out, and a buyer can ask the developer in writing which units it holds.
The developer prints 60/40* with an asterisk and no note in the text read. Property Finder prints 20/40/40: 20% at sales launch, 40% during construction and 40% on handover. On the inferred AED 3,939,000, the Property Finder plan comes to AED 787,800, then 1,575,600, then 1,575,600. The contract sets the actual schedule.
It is in Dubai Harbour, which the developer’s FAQ describes as opposite Dubai Marina. Property Finder places it off King Salman Bin Abdulaziz Al Saud Street. The developer’s list gives 5 minutes to JBR Walk and Dubai Marina Mall, 40 minutes to Dubai International Airport and a 30-minute drive to Al Maktoum International Airport.
The DLD service page lists 2% of the sale value for the seller and 2% for the purchaser, plus AED 10 knowledge and AED 10 innovation fees, for registering an initial sale. A 2021 DLD news item gives 4% as the registration fee payable according to the agreement between seller and buyer. The sale contract should state who pays which share.
DLD says amounts received from buyers of off-plan units are deposited in the project’s escrow account and, as a general rule, used for contractors, consultants and marketing for the project. The escrow law is Law No. 8 of 2007. A buyer can ask for the account details and check the project on the DLD project status service.
The guide does not claim it. The developer’s cards carry a Golden Visa label with no terms. The UAE government portal’s table lists a minimum of AED 2 million for the real-estate category, with durations and conditions set by the authority. Whether a unit counts is confirmed with the authority at the time of application.
Dubai law allows non-UAE nationals to hold freehold rights in areas designated by the Ruler. Property Finder prints Freehold for this project. The developer’s page read prints no tenure, and the contract and DLD register decide it. The guide on whether foreigners can buy apartments in Dubai covers the rules in more detail.
Last checked: 13 November 2026. Sources:
This is not legal, tax or financial advice.
