3-Bedroom Palm and Marina View Apartment at DAMAC Bay by Cavalli Tower A, Dubai Harbour – 11.8% Below Original Price

Property Overview

This 3-bedroom off-plan apartment of 2,124 sq ft in DAMAC Bay by Cavalli, Tower A, Dubai Harbour, is offered at AED 8,100,000, which the agent states is 11.8% below the original purchase price. The unit is in the 07 series, has Palm and marina views, is 60% paid and has a stated handover of Q3 2027.

Property Highlights

• Asking price: AED 8,100,000
• Discount: 11.8% below original price (agent-stated)
• Size: 2,124 sq ft (agent-stated)
• Rate: approximately AED 3,814 per sq ft (calculated)
• Bedrooms: 3
• Unit series: 07
• View: Palm Jumeirah and marina (agent-stated)
• Amount paid: 60% (agent-stated)
• Handover: Q3 2027 (agent-stated)
• Building: DAMAC Bay by Cavalli, Tower A

Why the Price Qualifies as Below Original Price

The agent brief states the asking price is 11.8% below the seller's original purchase price. The exact original price was not supplied. Working back from the stated percentage, the original price would be roughly AED 9.18 million, which implies a saving of roughly AED 1.08 million. These are approximations, not supplied figures.

Buyers should ask to see the seller's SPA to confirm the original price, the exact discount and how much has already been paid to the developer before committing.

About DAMAC Bay by Cavalli and Dubai Harbour

DAMAC Bay by Cavalli is a three-tower residential development by DAMAC Properties, designed in partnership with the Roberto Cavalli brand. The project offers 1- to 3-bedroom apartments alongside larger duplexes and full-floor residences on the upper levels.

Reported amenities include an infinity pool, spa, gardens, kids' club, co-working and meeting spaces, a members' club, a cigar room and private beach access. Amenities are developer-stated and should be confirmed against DAMAC's final specifications.

Dubai Harbour is a freehold waterfront district between Palm Jumeirah and Bluewaters Island, centred on a large marina.

Layout, Floor and View

The agent describes a 3-bedroom, 2,124 sq ft unit in the 07 series with Palm and marina views. Floor level, bathroom count and the exact unit layout were not supplied. Request the floor plan for series 07 to confirm the layout and orientation.

Payment Plan and Handover

The seller has paid 60%, according to the agent. The remaining balance is payable to DAMAC under the original payment schedule, and the buyer will also reimburse the seller's paid amount minus the discount, depending on how the resale is structured. The agent gives handover as Q3 2027, which matches the project's publicly reported timeline. Confirm the outstanding instalments, due dates and the developer's transfer (NOC) fees from the SPA and a DAMAC statement of account.

Location and Connectivity

Dubai Harbour sits on the coast between Palm Jumeirah and Bluewaters Island, with road access via King Salman bin Abdulaziz Al Saud Street. DPF has not verified journey times from this tower, so check routes to your key destinations.

Verification Notes

• Agent-supplied: project, tower, bedrooms, size, price, 11.8% below OP, series 07, Palm and marina view, 60% paid, Q3 2027 handover.
• Calculated by DPF: price per sq ft; approximate original price and saving back-calculated from the stated percentage.
• External research: tower count, Cavalli partnership, amenity list and Dubai Harbour location, from secondary project references.
• Not supplied: exact original price, floor, bathrooms, parking, outstanding balance schedule.