DAMAC Bay 2 by Cavalli Dubai: Sources and Prices (2026)

DAMAC Bay 2 by Cavalli Dubai is a 49-storey off-plan tower in Dubai Harbour, branded by Cavalli, whose developer page prints a payment plan of 50/50* and a handover of Q4, 2028 but no price.

This guide to DAMAC Bay 2 by Cavalli Dubai reads the developer’s page, Property Finder, Bayut and a Zawya press release as they stood on 13 November 2026. Handover, payment plan, unit mix and price differ between them, so each figure is shown with its source and none is chosen. It adds the Dubai rules for an off-plan buyer from official pages and a list of what to request in writing.

Overview of DAMAC Bay 2 by Cavalli Dubai

The damacproperties.com project page describes DAMAC Bay 2 by Cavalli as a 49-storey tower in Dubai Harbour, branded by Cavalli, with a printed payment plan of 50/50* and a project handover of Q4, 2028. This is what the developer’s own page says on 13 November 2026; the sections below set it beside what Property Finder, Bayut and a Zawya press release print.

The page prints no price: where the total should be, it shows the word “Loading”. Everything about money in this guide is therefore labelled as inferred from the page data or as printed by a portal, with the source and the date, and nothing is chosen over anything else.

The developer’s FAQ calls the project an off-plan residential project with seafront apartments. The project card shows apartments of 2 to 4 bedrooms, while the intro text speaks of 1 to 5 bedrooms. Both are recorded in the unit section. The tower is the second building on the same shoreline as the three-tower DAMAC Bay by Cavalli, which has its own guide on this site.

The guide is structured as a reading aid. It lists what each source prints about status, handover, storeys, tenure and payment plan; it converts the AED figures at the peg of 3.6725 per US dollar; it works through the payment schedules as arithmetic; and it sets out the Dubai rules for an off-plan purchase from official pages: ownership areas, the Land Department fees, the Oqood register, the escrow account and the Golden Visa property route. It ends with the list of documents to request in writing.

What each source prints about status, handover, storeys, tenure and payment plan

Four public sources were read on 13 November 2026 for this guide: the developer’s project page, Property Finder’s new-projects page, the Bayut building page and a Zawya press release. They agree on the location, the developer, the Cavalli branding and the fact that the project is off-plan. They differ on the handover month, the payment plan and the description of the units. None of these differences is resolved here, because a reader can only settle them with the sales contract.

The developer’s page data also carries a launch date of 23 March 2023, a status label of off-plan, and an inventory flag that reads as available. Property Finder prints a sale start of 1 April 2023 and a construction start of 21 April 2024. Those two dates are different events and different sources, so they sit side by side in the table.

One reading note on storeys. The developer’s text and Bayut both say 49. A 2022 syndicated press item about a different DAMAC collection on the same waterfront is not used for the storey count, because it describes the tower differently from the later pages. The count to put in a contract is the one in the approved building permit and the sale and purchase agreement.

One reading note on handover. A developer’s printed quarter such as Q4, 2028 and a portal’s single date such as 31 December 2028 are consistent with each other. Bayut’s January 2028 is eleven months earlier. A buyer who needs a date for a plan, a loan or a move should ask which one the contract uses and in which clause.

Prices in AED and USD: what is printed, what is inferred and what is a portal indication

The price question for DAMAC Bay 2 by Cavalli Dubai has three layers, and they do not give one number. First, the developer’s visible page prints none. Second, the data behind the page stores a minimum and a maximum as integers that are one hundred times the dirham amount; this scaling is an inference, and the data file checked it on the sibling DAMAC Bay by Cavalli, where the same division reproduces Property Finder’s launch price.

Third, Property Finder prints its own starting price, which is lower than the inferred figure for this tower.

No stored integer is printed as a price in this guide. Where a figure appears, it is labelled either “inferred from the page data (divide by 100)” or “per Property Finder”. The dirham figures are converted to US dollars at the pegged rate of 3.6725 per dollar, which is arithmetic and not a quoted rate.

These “from” prices are portal indications of what some units cost; they are not a price list and they do not say which floor, view or finish they refer to. Property Finder also lists resale offers for the project, and one of its sold records from July 2026 is for a one-bedroom unit at a figure well below the one-bedroom “from” price shown at the top of the same page. This guide does not repeat resale transaction prices.

The point for a buyer is simple: the portal header, the portal history and the developer’s stored range do not describe the same thing, and only a unit-level price list in the contract does.

Property Finder’s page also carries a notice that prices, availability and purchase conditions may change frequently and should be confirmed with a representative. The developer’s page shows its display preference as the British pound, and the price label on the card follows that setting; nothing on the page was converted from pounds for this guide.

Reading the payment plan: 50/50* against 20/60/20, step by step

The most useful thing to understand about DAMAC Bay 2 by Cavalli Dubai before any call is how the two printed payment plans differ, because the plan decides when money leaves the buyer’s account. The developer prints 50/50* with an asterisk and no visible footnote on the page read. Property Finder and Bayut print 20/60/20: 20 percent at the sales launch, 60 percent during construction and 20 percent on handover. An aggregator wording of 80/20 was also seen in search results (per the data file).

The three can describe three different offers, or one offer at three dates, or one offer read differently. The page does not say. A reasonable reading is that 50/50* means half before handover and half at handover, but that is an interpretation, and the asterisk may carry conditions. The only authoritative text is the payment schedule attached to the sale and purchase agreement.

The tables below are arithmetic on a single figure, the lowest amount inferred from the page data. They are not a quote and do not apply to any specific unit. Their purpose is to show the size of each step, so that a buyer can compare the schedule in a contract with the plans printed on the web.

Three observations come out of the arithmetic. A 20 percent step at the launch means a large single payment before anything is built, and the two portals describe it as the down payment at the sales launch; a buyer reserving today may be at a different stage of the schedule, which is why the contract should list every instalment with a date or a construction milestone.

The 60 percent block is described by Bayut as sixteen instalments, numbered 2 to 17; whether they are equal or tied to milestones is not stated. And the final 20 percent falls due on handover, so it moves if the handover date moves.

Under the Dubai rules covered in the next sections, payments for an off-plan unit go into the project’s escrow account, and the schedule is expected to follow construction progress. Asking which milestone triggers each instalment, and who certifies it, is a normal question and is on the checklist near the end of this guide.

Unit types and sizes by source

The unit mix is the most visible disagreement about DAMAC Bay 2 by Cavalli Dubai. The developer’s card shows apartments of 2 to 4 bedrooms with areas from 2,324 to 6,059 square feet, which is about 215.9 to 562.9 square metres after conversion at 0.092903. The same page’s intro and FAQ text speak of 1 to 5 bedrooms. Bayut gives a size range for each type from one bedroom to five. Property Finder’s about text adds duplexes with private pools; the developer page does not mention them.

A card on a project page is usually a summary of what is currently listed, while the intro text describes the whole scheme. That would explain the difference, but the pages do not say so, and the guide records both. The practical check is a unit schedule with the unit number, the bedroom count, the internal and the balcony area and the floor.

Areas on all sources are printed in square feet. The conversion to square metres is shown to one decimal place and is arithmetic. No price per square foot or per square metre is printed or calculated here, because no source states one for this project.

Two reading notes on the tables. The bathroom counts in the developer’s page data run from 3 to 6, and Bayut prints one more bathroom than bedrooms for every type from one to five bedrooms; that is a pattern in the printed figures and not a statement about any particular unit.

And the largest areas printed by Bayut, up to 8,000 square feet for five bedrooms, are above the developer card’s maximum of 6,059 square feet, so the card and the portal do not describe the same range and the unit schedule in the contract is the document to rely on.

Location of DAMAC Bay 2 by Cavalli Dubai: Dubai Harbour, coordinates and printed distances

Dubai Harbour is the community given by the developer’s page data, by Property Finder and by Bayut. The developer’s coordinates for the project are 25.09144 north and 55.145448 east. The developer’s FAQ says the harbour sits opposite Dubai Marina; the Zawya release places the project at the intersection of Palm Jumeirah and Bluewaters Island and midway between Dubai International and Al Maktoum International airports. Bayut describes Dubai Harbour as close to Dubai Marina and Palm Jumeirah and reached via Sheikh Zayed Road.

The times in the first table are drive times as printed by the developer’s FAQ, with the dates of the reading, and Bayut’s own estimates beside them. They are marketing-page estimates, not measured journeys, and they differ in places: Skydive Dubai is 12 minutes on the developer’s page and 5 minutes on Bayut’s, while Dubai Marina Mall is 5 minutes on one and 9 on the other. Neither source states the time of day, the starting entrance or the route.

Both are labelled as printed, and a buyer who relies on a commute should test it at the relevant hour.

One printed detail is worth a second look: the developer lists Al Maktoum International Airport at a 30-minute drive and Dubai International at 40 minutes. The order may surprise anyone who knows the map, and the page does not explain it. It is repeated as printed with no comment on its accuracy, and the reader is pointed to a map and a route planner.

The surroundings are described by Bayut as including restaurants within a ten-minute drive, supermarkets within five minutes, and bus and taxi services nearby, with the Le Meridien Hotel 2 bus stop about an 8-minute walk away. A Property Finder reviewer’s comment about the wider Dubai Harbour area mentions ongoing construction nearby; it is a single user comment and is not treated as a fact about the project.

Amenities as the developer lists them

The developer’s page lists six amenity cards, shown in the table. They are what the developer says will be built, and the images on the page are renders, not photographs of a finished tower. A gym, covered parking, high-speed lifts, central air conditioning, security and maintenance services are named by Bayut but not on the developer’s amenity cards.

Several items in the Zawya press release, including a museum, a studio for fashion design, a virtual fitting room, glamping tents and a sushi bar, are press-release claims that the developer page does not repeat, and they are not described as part of the project here. The same goes for the portal statements about design quality and finishes: the sources print no finish specification, no brand of fittings and no handover condition.

For the buyer, the relevant question is which of these items are in the sale documents. The brochure and the marketing renders are not the contract. The specification schedule attached to the sale and purchase agreement is, and the list of requests below asks for it by name.

Buying off-plan in Dubai: freehold areas, Land Department fees, Oqood and escrow

This section states the Dubai rules for an off-plan purchase as the official pages print them on 13 November 2026, and applies them to DAMAC Bay 2 by Cavalli Dubai only as a method. It makes no statement that this project is registered, has an escrow account or has a permit; none of those facts is printed on the developer’s page, and the portals read give none. Part of the buyer’s work is to find them.

Ownership first. The UAE government portal states that in Dubai foreign ownership is permitted in areas designated as freehold, and that non-resident foreigners and expatriate residents may acquire freehold rights without restriction, usufruct rights, or leasehold rights of up to 99 years. Property Finder labels this project freehold; the developer’s page does not say. The guide on freehold and leasehold in Dubai and the one on whether foreigners can buy apartments in Dubai explain the categories in plain terms.

The fee lines deserve care. The Land Department’s page for registering the initial sale lists 2 percent of the sale value for the seller and 2 percent for the purchaser, which together are the 4 percent that Property Finder calls the government fee. Who pays which share is a matter for the contract, and this guide does not say how the sale and purchase agreement of this project allocates it.

As arithmetic only, 2 percent of the lowest figure inferred from the page data, AED 8,886,000, is AED 177,720 (about USD 48,392), and 4 percent is AED 355,440 (about USD 96,784); on Property Finder’s starting price of AED 7,284,000 the same shares are AED 145,680 and AED 291,360. The two small AED 10 fees come on top.

The Oqood step is the registration of the contract in the provisional register. The official page names the Oqood portal as the channel, and the service is used by the developer; the buyer’s role is to sign the contract and supply an identity document, and to ask for the provisional registration certificate the page lists as the issued document. The detail of the process is in the off-plan buyer’s guide.

The escrow rule is the one that matters most when a payment schedule runs for years. The two circulars on the Land Department’s rules page say, in the words of RERA, that payments connected to a real estate project are not to be collected outside the project’s designated escrow account, and that marketing of a project requires registration, an escrow account and a RERA permit with a QR code on adverts.

A buyer can therefore ask for the permit number, scan the QR code on the advert and ask for the escrow account name and the bank before paying any instalment.

Golden Visa rule, service charges and other Dubai points to check with the authority

The Golden Visa property route is stated here as a rule, and the guide makes no claim that a unit in DAMAC Bay 2 by Cavalli Dubai qualifies. The UAE government portal’s Golden Visa page lists investors in real estate with a minimum capital of AED 2 million. The Land Department’s service page for the investor application describes a property whose purchase value is equal to or more than AED 2 million at the time of purchase.

The two pages differ on the duration they print, and both are shown, because only the authority can say which applies to a given application.

Two points need checking with the authority and not with a developer or a portal. First, the Land Department page lists a title deed among the documents and requires the property to be wholly owned by the applicant; how that applies to a unit that is still registered in the provisional register is a question for the Land Department.

Second, if the unit is paid in instalments, the amount paid at the date of application is the number that a bank letter would have to show for a mortgaged property. The page of the developer carries a Golden Visa flag in its page data; that flag is a developer label and not a decision. The longer explanation is in the guide to the Dubai Golden Visa.

Three other points are about the cost of owning a unit once it is built. Service charges for jointly owned property in Dubai are handled through the Land Department’s Mollak system, which according to its About page issues quarterly service-charge invoices to owners and applies Law No. 6 of 2019 on jointly owned property; the Mollak site also has a service-charge index section. No service-charge estimate for this tower was found in any source, so the contract should state one.

On annual property tax, no official page that fixes a rule was found on 13 November 2026, so this guide states none; the separate guide on property tax in Dubai covers the subject, and its figures should be read against the latest official text. On finance, the guide on mortgages for foreigners in Dubai sets out the usual conditions; the developer’s page prints nothing about bank partners for this project.

What to ask for in writing before reserving

This is the normal checklist for any off-plan purchase, adapted to the open points in the sources for DAMAC Bay 2 by Cavalli Dubai. Each item is something to obtain in writing before paying a reservation amount, and each is something the sources on this page do not settle.

1. The sale and purchase agreement with the unit number, floor, bedroom count, internal and balcony areas and the view.
2. The handover date in the contract, written as a date or a quarter, with the clause that says what happens if it moves, and which of Q4 2028 or January 2028 it is.
3. The payment schedule with every instalment, its amount, and its date or construction milestone, and the explanation of the asterisk in 50/50*.
4. The escrow account name, the bank, and the account number as registered with RERA, with confirmation that every payment goes there.
5. The Land Department project number and the RERA marketing permit number and QR code, checked on the official register by the buyer.
6. The Oqood registration: who submits it, when, and the provisional registration certificate once issued.
7. The fee allocation: the Land Department fee shares of the buyer and the seller in writing, and any administration fee charged by the developer.
8. The service-charge estimate per square foot and the management company named in the contract.
9. The specification schedule: what the finish includes, the kitchen and bathroom fittings, the appliances and the air conditioning.
10. The tenure statement: freehold, with the Land Department’s designation of the plot.
11. The name of the legal entity that signs the contract, its licence and the person authorised to sign for it.
12. The Golden Visa position if residence matters: a written statement of what the developer says, with the reminder that the authority decides.
13. The meaning of the Cavalli branding in the contract: what the brand partner provides, and whether any design element is a contractual obligation.

A reservation form is often a shorter document than the agreement it leads to. It is worth asking whether the reservation amount is refundable, on what conditions, and where it is held. The same escrow rule applies: a project that is allowed to be marketed has an escrow account, and the account details are not a secret.

DAMAC Properties (developer)

This section uses only statements that DAMAC Properties makes about itself, and attributes them. In a press release of 20 November 2024 on PR Newswire (read via the data file, checked 13 November 2026) the company says it has launched more than 75 towers since its founding in 2002, and names Hussain Sajwani as founder and chairman.

In a release of 4 September 2026 it says more than 50,000 homes have been handed over and that it is targeting more than 8,800 units for delivery in 2026 across DAMAC Lagoons, DAMAC Hills, DAMAC Hills 2, Chic Tower and Elegance Tower.

The company’s master communities named in its releases include DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons, DAMAC Sun City, DAMAC Riverside and DAMAC Islands. Its releases also name branded collaborations with Versace, Roberto Cavalli and de GRISOGONO. This project is described by the developer as branded by Cavalli.

These are the developer’s statements about itself, read on 13 November 2026, and none of them is a statement about the legal entity that sells this unit. That entity is on the checklist above. The wider Dubai developers directory on this site collects the profiles of developers with projects in the city.

Other DAMAC projects and nearby Dubai listings

The table lists the other DAMAC listings on this site that share a shoreline, a brand partner or a common reading problem with this one, and three listings in neighbouring communities by other developers. No listing is described as better or worse than another; the table is there so that a reader can open the neighbours and compare the printed facts.

For the wider context, the UAE listings page and the Dubai listings page show all current entries, and the Dubai real estate market guide gives the background; its older figures should be checked against the Land Department’s current data before use.

Frequently asked questions

What is DAMAC Bay 2 by Cavalli Dubai?

It is a 49-storey off-plan tower in Dubai Harbour, branded by Cavalli as the developer prints it, from DAMAC Properties. The developer page lists a payment plan of 50/50* and a handover of Q4, 2028, and prints no price. It is the second building on the shoreline after the three-tower DAMAC Bay by Cavalli.

When is DAMAC Bay 2 by Cavalli Dubai due for handover?

The developer prints Q4, 2028 and its page data holds 31 December 2028. Property Finder prints December 2028 and Bayut January 2028. The contract date is the only one that counts, so ask which quarter it names and what happens if it moves.

How much does a unit cost?

The developer page prints no price. Its page data implies a range of AED 8,886,000 to AED 30,112,000 after dividing by 100, about USD 2,419,605 to USD 8,199,319 at 3.6725. Property Finder prints a starting price of AED 7,284,000, about USD 1,983,390. These are indications, not a price list.

Which payment plan applies?

The developer prints 50/50* and the portals print 20/60/20. The asterisk is not explained on the page read. The schedule attached to the sale and purchase agreement is the plan that applies, and every instalment should have a date or a milestone.

Can a foreigner buy in DAMAC Bay 2 by Cavalli Dubai?

The UAE government portal says foreign ownership in Dubai is permitted in designated freehold areas. Property Finder labels the project freehold, and the developer page prints no tenure. Ask for the tenure statement and the plot designation in writing.

What fees go to the Land Department?

The Land Department page for registering an initial sale lists 2 percent of the sale value for the seller and 2 percent for the purchaser, plus AED 10 and AED 10 fees. The contract says who pays what. On AED 8,886,000, 4 percent is AED 355,440 as arithmetic only.

Does DAMAC Bay 2 by Cavalli Dubai qualify for a Golden Visa?

No claim is made. The official pages describe a property route with an AED 2 million value rule, a title deed among the documents and a bank letter for mortgaged property. Eligibility is decided by the authority for each application, and the developer’s flag in its page data is not a decision.

How far is it from the airports and the Marina?

The developer’s FAQ prints 30 minutes by car to Al Maktoum International Airport, 40 minutes to Dubai International, 5 minutes to JBR Walk and 6 to Dubai Marina Walk. Bayut prints 8 minutes to Dubai Marina Walk. They are page estimates, and the route and the hour should be tested.

Sources and last check

Last checked: 13 November 2026. Sources:

• DAMAC Properties: DAMAC Bay 2 by Cavalli project page, read 13 November 2026
• Property Finder: Damac Bay 2, read 13 November 2026
• Bayut: DAMAC Bay 2 by Cavalli building page, read 13 November 2026
• Zawya: DAMAC Bay 2 by Cavalli press release, undated, read 13 November 2026
• PR Newswire: DAMAC handover release, 4 September 2026
• PR Newswire: DAMAC Islands release, 20 November 2024 (per the data file)
• UAE government portal: expatriates buying a property in the UAE
• UAE government portal: Golden Visa
• Dubai Land Department: request to register the initial sale
• Dubai Land Department: Golden Visa application, investor
• Dubai Land Department: rules and regulations
• RERA Circular 02-2025: compliance with Law No. 8 of 2007, marketing of projects
• RERA Circular 01-2026: compliance with Law No. 8 of 2007, escrow accounts
• Mollak, Dubai Land Department: about the service-charge system

Currency conversions at the pegged rate of 3.6725 AED per USD, square-foot conversions at 0.092903, payment-schedule and fee illustrations are calculated from the figures named in the text and are not published prices. Where a page could not be re-read, the figure is marked as per the data file, checked 13 November 2026. This is not legal, tax or financial advice.