Damac Bay
By DAMAC Properties · Apartments, Penthouse · Updated 07 Sep 2026
About Damac Bay
Project general facts
The award-winning master developer; DAMAC Properties in collaboration with Cavalli introduced a new premium complex called DAMAC Bay by Cavalli in the thriving Dubai Harbour in Q1 2023. The exclusive project is the company’s first in this neighborhood and it is set to offer one-of-a-kind waterfront living. In total, there will be 3 towers 30–40 stories high in this complex. The completion is scheduled for 2026.
Finishing and materials
Built-In Wardrobes. Centrally air conditioned. Adequate TV / Phone infrastructure
Living and Dining: All rooms feature double glazed windows. Porcelain Tiled Floors. Painted plastered walls with accent on selected wall Partial Painted gypsum ceiling.
Bathroom Features Floor / Wall porcelain or ceramic tiles Sanitary ware- Sanitary fittings and accessories Mirror. Vanity with with under counter storage.
Kitchen and appliances
Fitted kitchens with refrigerator, cooker, hob and washing machine. Porcelain tiled floors. Emulsion paints for walls counter top kitchen backsplash
Furnishing
No
Location description and benefits
Damac BAY is located at the intersection of the iconic Palm Jumeirah and Bluewater's, equidistant from Dubai International Airport and Al Maktoum International Airport. This unique waterfront neighborhood is a stone’s throw away from the city’s most-loved landmarks, beautiful beaches and world- famous attractions such as Ain Dubai and Burj Al Arab.
Developer-supplied project description; verify specifications against the SPA and RERA-registered brochure.
Location: Dubai Harbour
Damac Bay sits in Dubai Harbour, Dubai.
Sector: Emaar Beachfront · Open in Google Maps
Construction & payment
Construction start: 2023-04-15. Scheduled completion: 2027-09-30. Typical off-plan plans in this segment are 60/40 or 70/30 construction-linked, with a 10–20% booking amount and 4% registration fee. Ask us for the current plan on this project, including any post-handover option. Full cost breakdown: DLD fees guide.
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Other projects on sale in Dubai Harbour
Buyer questions
How much does Damac Bay cost?
Launch pricing starts at AED 3,939,000 and runs to about AED 75,039,000 for 1 – 5 bed apartments of 1,302–10,053 sqft. That is roughly AED 3,025 per sqft at entry.
When is Damac Bay handing over?
The developer's stated completion is Q3 2027. Status: under construction. Off-plan instalments are construction-linked and paid into a regulated escrow account, so your money is released to the developer only as build milestones are certified.
Can foreigners buy in Damac Bay?
Yes. Dubai Harbour is a designated freehold zone in Dubai; buyers of any nationality can hold full title registered at the Dubai Land Department. A purchase of AED 2 million or more also qualifies for the 10-year UAE Golden Visa.
Who is the developer of Damac Bay?
DAMAC Properties. They currently have 80 other projects on sale that we track. Check their delivery record and RERA registration on our developer scorecard before paying a booking deposit.
Check live availability in Damac Bay
Floor plans, payment schedule and registration costs, same day. RERA 41793.