Damac Bay 2
The facts, verified
About the project
Project general facts Damac Bay 2 is the second phase of the DAMAC Bay waterfront developmen. This 49-storey residential tower continues the branded Cavalli-inspired concept introduced in the first phase, offering a refined coastal lifestyle in one of Dubai’s most sought-after waterfront locations. The project is designed as a high-rise luxury residence that combines elegant architecture, sea views, and proximity to marina and beachside attractions, reinforcing its position within an exclusive waterfront community. The development focuses on delivering a premium seaside living experience, with residents benefiting from direct access to Dubai Harbour’s waterfront promenade, leisure zones, and surrounding marina lifestyle amenities. The concept emphasizes a balance between serenity and vibrancy, offering a resort-style environment within an urban coastal setting. Its location ensures seamless connectivity to key leisure destinations and major areas of Dubai, enhancing both lifestyle and convenience. The interiors are finished with porcelain tiled flooring, painted plastered walls with selected accent walls, and partially finished gypsum ceilings, creating a clean and contemporary
Amenities
Payment plan
| Milestone | Share | On AED 8.3M |
|---|---|---|
| On booking | 20% | AED 1.7M |
| During construction | 20% | AED 1.7M |
| Upon Handover | 60% | AED 5.0M |
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Unit mix
Floor plans
Dubai Harbour masterplan
Location & connectivity
- Marinascape Mall8 min
- South beach lifestyle3 min
- Airport29 min
- Raffles Early Childhood Centre7 min
- Palm Jumeirah12 min
Questions investors ask
Does this qualify for the Golden Visa?
Yes, units from AED 2M qualify for the 10-year Golden Visa, including off-plan with a payment plan in progress. We handle the application as part of the purchase.
Is the project escrow-registered?
Yes, escrow account 0205844210302. Payments release to the developer only against certified construction progress.
What are the fees on top of the price?
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.