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DAMAC Bay 2 by Cavalli — beachfront apartments for sale

Phase two of DAMAC's Cavalli waterfront: two sea-facing towers of 47 and 49 storeys with a Cavalli Museum, glamping spa and sky duplexes. 1-beds from ~AED 2.9M.

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AED 2.9M

1-bed from

Q4 2028

handover

5-6%

gross yield

47+49

storeys, two towers

By WIZI PREMIUM · Updated 3 July 2026

In short

DAMAC Bay 2 by Cavalli is the second, taller act of DAMAC Properties' Cavalli waterfront in Dubai Harbour: two sea-facing towers of 47 and 49 storeys with roughly 643 homes, facing Bluewaters and Palm Jumeirah — compare with the three 42-storey towers of DAMAC Bay. 1-beds list from ~AED 2.9M; the DLD median in H1 2026 was ~AED 4,330/sqft. Gross yields run 5-6%. Handover Q4 2028 on a 60/40 plan — for buyers who want the Cavalli Museum, glamping spa and a longer payment runway.

Developer: DAMAC Properties · Sources: developer materials, Bayut, Propsearch (DLD), Provident · 2026

The project

Two taller towers — the second act of Cavalli on the Harbour

DAMAC Bay 2 by Cavalli adds two towers of 47 and 49 storeys — around 643 homes — beside the original three-tower DAMAC Bay, out-scaling its 42-storey neighbours at the seaward edge of Dubai Harbour, facing Bluewaters and Palm Jumeirah. Where phase one is built around seaside living, Bay 2 turns the Roberto Cavalli partnership into theatre: a Cavalli Museum, an art-and-fashion studio with virtual fitting room, a glamping-tent spa, floating relaxation and zero-gravity dream pods, hot-tub boats and a 43rd-floor infinity pool with a sushi bar.

Homes run from 1-3 bedroom apartments (1-beds from ~733 sqft) to 4-5 bedroom sky duplexes on the crown floors. The 60/40 plan keeps a full 40% payable at completion in Q4 2028 — a longer runway than phase one, which hands over in Q3 2027; if earlier keys matter more than payment spread, compare with DAMAC Bay. DLD registered 21 Bay 2 sales in H1 2026 at a median of ~AED 4,330/sqft.

Dubai Harbour, Dubai

Gallery

Inside DAMAC Bay 2 by Cavalli

Prices & payment · 2026

How much DAMAC Bay 2 by Cavalli costs

Type	From	Gross yield
1 bedroom	~AED 2.9M	5.5-6%
2 bedroom	~AED 4.2M	5-5.5%
3 bedroom	~AED 7.9M	4.5-5%
Duplex (4-5 BR)	AED 20M+	4-4.5%

2026 asking prices cross-checked against DLD-registered sales; varies by unit, floor and view. Payment plan: 60/40, 20% down, 40% at completion (Q4 2028). Sources: Bayut, DLD, DAMAC Properties.

Market context

Dubai apartment price ladder

Here is where Dubai's most-traded apartment areas sit on price per square foot — useful market context when weighing DAMAC Bay 2 by Cavalli.

Palm JumeirahAED 3,450

Downtown DubaiAED 3,011

Business BayAED 2,547

Dubai MarinaAED 2,058

Dubai Hills EstateAED 1,820

JVCAED 1,150

Dubai SouthAED 1,050

Average price / sqft by area · Source: Dubai Land Department transactions & Bayut, 2026 · indicative

Recent sales · DLD

What DAMAC Bay 2 by Cavalli actually sold for

21 home sales were registered at DAMAC Bay 2 by Cavalli in Jan–Jun 2026, at a median of AED 4,090,000 (~AED 4,330/sqft). Most recent registered transactions:

Date	Beds	Status	Size	Price	AED/sqft
2026-06-23	1 B/R	Off-plan	797 sqft	AED 3,683,000	4,619
2026-06-18	2 B/R	Off-plan	931 sqft	AED 4,171,000	4,480
2026-06-10	2 B/R	Off-plan	1,160 sqft	AED 5,160,000	4,448
2026-04-08	2 B/R	Off-plan	1,182 sqft	AED 4,045,600	3,423
2026-03-17	2 B/R	Off-plan	1,736 sqft	AED 7,284,000	4,195
2026-03-13	2 B/R	Off-plan	931 sqft	AED 4,041,000	4,340

Source: Dubai Land Department — registered residential sales, Jan–Jun 2026. Apartments, villas and townhouses only; land plots are excluded because plot prices are not comparable with homes. Actual recorded deals, not asking prices.

Investment view

Is DAMAC Bay 2 by Cavalli right for you?

In favour

Cavalli Museum, fashion studio and glamping spa — amenities phase one doesn't have
Two of the taller towers in Dubai Harbour: 47 and 49 storeys
60/40 plan with a full 40% due only at completion
Seaward corner of the Harbour facing Bluewaters and Palm Jumeirah

Worth knowing

Handover Q4 2028 — about a year after DAMAC Bay phase one
Higher entry than phase one: 1-beds from ~AED 2.9M
Premium service charges on luxury towers
Capital tied up over an extended construction period

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What it earns

Currency

Purchase budget AED 2,900,000

AED 2.9MAED 9.6M

Gross estimate from typical Dubai Harbour yields; net is lower after service charges (AED 12–25/sq.ft). Off-plan rent applies after handover (Q4 2028).

Monthly rent—

Annual income—

Gross yield—

Payback—

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FAQ

Common questions

How much is an apartment at DAMAC Bay 2 by Cavalli?

1-bedroom apartments at DAMAC Bay 2 start from around AED 2.9M in current listings — a 797 sqft 1-bed closed at AED 3,683,000 in June 2026 per DLD. Compact 2-beds trade from ~AED 4.2M, 3-beds from ~AED 7.9M, and 4-5 bedroom sky duplexes run AED 20M and above.

What yield does DAMAC Bay 2 by Cavalli give?

Expected gross rental yields are around 5-6%. The project's DLD median in Jan–Jun 2026 was ~AED 4,330/sqft across 21 registered sales, and Dubai Harbour short-let demand after handover supports the top of that range.

When does DAMAC Bay 2 by Cavalli hand over?

Handover is targeted for Q4 2028 — about a year after the three original DAMAC Bay towers (Q3 2027). The 60/40 plan means 20% down, the balance during construction and a full 40% only at completion.

Is DAMAC Bay 2 by Cavalli a good investment?

Yields are similar to phase one at around 5-6% gross; the case for Bay 2 is structural. You get two taller towers (47 and 49 storeys vs three 42-storey towers at DAMAC Bay), a fashion-led amenity stack — Cavalli Museum, art and fashion studio, glamping spa — and a 60/40 plan that leaves 40% payable at handover in Q4 2028. Choose the first phase for earlier keys; choose Bay 2 for the longer runway and newer stock.

What is the payment plan at DAMAC Bay 2 by Cavalli?

DAMAC Bay 2 by Cavalli is offered on a 60/40 plan: 20% on booking, staged payments during construction and 40% at completion in Q4 2028 (developer terms, subject to availability). We confirm the exact schedule and any current incentives per unit on request.

Does DAMAC Bay 2 by Cavalli qualify for the Golden Visa?

Yes — units at DAMAC Bay 2 by Cavalli from AED 2M qualify the buyer for the UAE 10-year Golden Visa, available off-plan. With 1-beds from around AED 2.9M, every apartment in both towers clears the threshold; we handle the application paperwork.

Explore more

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