1-Bedroom Sea and Palm View Apartment in DAMAC Bay 2 by Cavalli at Original Price

Property Overview

This off-plan 1-bedroom apartment in DAMAC Bay 2 by Cavalli, Dubai Harbour, is offered as a distress resale at its original purchase price of AED 3,671,000. The unit measures 825.38 sq ft, sits in the 06 series and, according to the agent, faces the sea and Palm Jumeirah. That works out to about AED 4,448 per sq ft.

Property Highlights

• Property type: Apartment
• Bedrooms: 1
• Built-up area: 825.38 sq ft
• Asking price: AED 3,671,000
• Original price: AED 3,671,000 (as stated by the agent)
• Price per sq ft: approximately AED 4,448
• Unit series: 06
• View: Sea and Palm Jumeirah
• Status: Off-plan
• Building: DAMAC Bay 2 by Cavalli
• Community: Dubai Harbour

Why This Is Listed as Off-Plan Distress

The agent describes this as a distress sale at the original price. Because the asking price equals the seller's original purchase price, there is no discount to the OP, and DPF does not present it as a below-OP deal. It is classified as off-plan distress because the project is still under construction and the seller is looking to exit at cost.

For a buyer, the value of an at-OP resale lies in entering at the seller's original purchase price, rather than at a discount. Compare it against DAMAC's current pricing for similar 06 series units and recent resale transactions in the tower before deciding. No DLD fee coverage or other seller incentive was mentioned in the brief.

About DAMAC Bay 2 by Cavalli

DAMAC Bay 2 by Cavalli is DAMAC's follow-up to its three-building DAMAC Bay project in Dubai Harbour. The Cavalli-branded tower offers apartments from one bedroom up to five-bedroom deluxe suites, with interiors and on-site facilities shaped by a nature-inspired design theme. Portal project data lists the tower at 49 storeys with expected completion in January 2028.

Layout and View

The agent confirms a 1-bedroom layout of 825.38 sq ft in the 06 series with sea and Palm Jumeirah views. Floor level, bathrooms, parking and furnishing were not supplied. Request the unit floor plan to confirm the layout and orientation.

Payment Plan and Handover

The brief did not include the amount already paid or the remaining instalments. Portal project data indicates a final 20% payment due on handover. Confirm the payment schedule, amount paid to date and any transfer fees from the seller's SPA and DAMAC's statement of account before committing.

Location and Connectivity

Dubai Harbour sits between Palm Jumeirah and Bluewaters Island, close to Dubai Marina and JBR. DAMAC positions the location as roughly midway between Dubai International Airport and Al Maktoum International Airport. Travel times depend on route and traffic, so buyers should check their own journeys.

Verification Notes

• Agent-supplied facts: 1 bedroom, 825.38 sq ft, 06 series, sea and Palm view, distress at OP, AED 3,671,000.
• DPF calculations: about AED 4,448 per sq ft. No savings, as the price equals the stated OP.
• External research: DAMAC Bay 2 project concept, unit mix and location from DAMAC's launch announcement; storey count, expected completion and handover payment from portal project data.
• Not supplied: amount paid, payment plan, floor, bathrooms, parking and furnishing.