Below market value, Distress Property, OFF PLAN

1BR Full Sea View | Damac Bay 2 Cavalli | Dubai Harbour | Distress AED 2.55M vs OP 3.15M

Ref: DPF-DB2-1BR-776-001

Damac Properties

Dubai Harbour, United Arab Emirates

Bedrooms

1

Down Payment

On Request

Handover Date

Q1-2028
aed 2,550,000
Request_call
Description

1 Bedroom Sea View Apartment for Sale in Damac Bay 2 Cavalli, Dubai Harbour — Distress Below Original Price

Full Sea View | Cavalli Branded | AED 2,550,000 vs OP AED 3,150,000 | AED 600,000 Below Original Price | Handover 2028

A genuine and time-sensitive distress opportunity in one of Dubai’s most sought-after Cavalli-branded waterfront projects — a 1-bedroom full sea view apartment in Damac Bay 2, Tower B, at Dubai Harbour, positioned between Dubai Marina and Palm Jumeirah. The seller is exiting at AED 2,550,000 — AED 600,000 (19%) below the original purchase price of AED 3,150,000 and also below the current prevailing market value for comparable units in this building. At 776 sq ft with a full sea view and 2028 handover, this is one of the most accessible and compelling entry points into a Roberto Cavalli-branded Dubai waterfront residence currently available. The seller is motivated and requires a swift transaction — buyers able to move quickly will find it extremely difficult to replicate this pricing in this project.

Property Highlights

  • Project: Damac Bay 2, Tower B — Cavalli Branded Residences
  • Developer: DAMAC Properties × Roberto Cavalli
  • Location: Dubai Harbour — between Dubai Marina and Palm Jumeirah
  • Unit Type: 1 Bedroom Apartment
  • Size: 776 sq ft
  • Floor: Low floor
  • View: Full sea view — Arabian Gulf
  • Handover: 2028 (exact date to be confirmed with DAMAC)
  • Original Price (OP): AED 3,150,000
  • Distress Price: AED 2,550,000
  • Saving vs OP: AED 600,000 (19% below original price)
  • vs Current Market: Also below current market value
  • Seller: Motivated — requires quick sale
  • Bathrooms: Available on request
  • Property Status: Off-Plan — Urgent Distress Sale

About Damac Bay 2 — Cavalli Branded Residences, Dubai Harbour

Damac Bay 2 is a collaboration between DAMAC Properties — one of the Middle East’s most prolific and internationally recognised luxury developers — and Roberto Cavalli, the iconic Italian fashion house renowned for its bold, exotic, and maximalist luxury aesthetic. The partnership delivers a residential product where the Cavalli brand’s signature design language — intricate patterns, rich textures, animal motifs, and opulent materials — is applied to the interiors of every residence, transforming what would otherwise be a premium apartment into a collectible branded lifestyle object. Dubai Harbour, where Damac Bay 2 is located, is itself one of Dubai’s most ambitious and premium waterfront master developments — positioned directly between Dubai Marina and Palm Jumeirah, it features a yacht marina with hundreds of berths, a cruise terminal, retail, dining, and hospitality, all delivering the full waterfront lifestyle that the Dubai Marina corridor has long commanded but with a newer and more contemporary community infrastructure.

Community and Lifestyle

  • Dubai Harbour — waterfront master community between Dubai Marina and Palm Jumeirah
  • Roberto Cavalli branded interiors — fashion-luxury lifestyle embedded in the residence
  • Full sea view from a waterfront position on the Arabian Gulf
  • Direct access to the Dubai Harbour marina, promenade, and coastline
  • Minutes from JBR beach, The Walk, and Dubai Marina Mall
  • Rooftop amenities including infinity pools, spa, and panoramic viewing
  • Premium short-term rental profile — Cavalli branding commands night-rate premiums
  • Target profile: globally mobile investors, lifestyle buyers, and luxury STR operators

Amenities

  • Rooftop infinity pool with panoramic sea and skyline views
  • Leisure pools and lagoon-style water features
  • Spa and wellness centre
  • State-of-the-art gymnasium and fitness facilities
  • Private beach club access
  • Concierge and reception services
  • Kids’ play areas and family facilities
  • Retail and F&B on the podium level
  • Underground parking
  • 24/7 security and building management
  • Roberto Cavalli branded lobby and common areas
  • Full confirmed amenities list available on request from DAMAC

Layout and Floor Plan

This 1-bedroom apartment in Damac Bay 2, Tower B spans 776 sq ft and is positioned on a low floor with a full sea view — a combination made possible by Dubai Harbour’s direct waterfront site, where even lower floors benefit from unobstructed Arabian Gulf vistas given the development’s position on the waterfront edge. The layout delivers a 1-bedroom configuration to the Cavalli-branded specification: bespoke interior finishes, signature design elements, and the fashion house’s characteristic luxury material palette throughout. Detailed floor plan for this 1-bedroom unit in Damac Bay 2 Tower B, Dubai Harbour is available on request.

Payment Plan and Distress Position

This is an urgent off-plan distress assignment in Damac Bay 2, Cavalli Branded Residences, Dubai Harbour. The seller’s position is clearly documented:

  • Original Purchase Price (OP): AED 3,150,000
  • Estimated DLD Paid by Seller (4%): Approximately AED 126,000
  • Estimated Seller Total Cost: Approximately AED 3,276,000
  • Distress Asking Price: AED 2,550,000
  • Saving vs OP: AED 600,000 (19% below original price)
  • Saving vs Total Cost (OP + DLD): Approximately AED 726,000
  • vs Current Market: Also below current prevailing market value

The full payment plan schedule for Damac Bay 2 — including total paid to date by the seller, remaining construction installments, and the on-handover payment — is available on request. DAMAC assignment fees, NOC, new DLD registration fees, and agency commission apply in addition to the distress price. The buyer assumes all remaining payment obligations to DAMAC from the point of assignment. Handover is 2028 — exact month to be confirmed with DAMAC Properties.

Location and Connectivity

  • Community: Dubai Harbour — between Dubai Marina and Palm Jumeirah
  • Key Roads: Sheikh Zayed Road (E11) — directly accessible
  • JBR Beach and The Walk: Approximately 5–10 minutes by car
  • Dubai Marina: Approximately 5–10 minutes by car
  • Dubai Marina Mall: Approximately 5–10 minutes by car
  • Ain Dubai and Bluewaters Island: Approximately 10–15 minutes by car
  • Palm Jumeirah: Approximately 10–15 minutes by car
  • Burj Al Arab: Approximately 15–20 minutes by car
  • Downtown Dubai / Burj Khalifa: Approximately 20–25 minutes by car
  • DIFC: Approximately 20–25 minutes by car
  • Dubai International Airport (DXB): Approximately 30–35 minutes by car
  • Al Maktoum International Airport (DWC): Approximately 30–35 minutes by car

Why This Damac Bay 2 Cavalli Distress Listing Is a Strong Opportunity

  • AED 600,000 below OP (19%) and below current market — double-layer distress discount
  • Roberto Cavalli branding commands 20–40% short-term rental premium over unbranded comparable units
  • Dubai Harbour is among Dubai’s most premium and newly established waterfront addresses
  • Full sea view on low floor — rare waterfront position ensuring view quality from day one
  • 776 sq ft — above average for a 1BR at this price point in Dubai Harbour
  • DAMAC Properties — one of the most established luxury developers in the UAE
  • 2028 handover — clear and structured timeline
  • Freehold — available to all nationalities
  • Motivated seller ensures transaction can be executed at speed

Frequently Asked Questions

What is the distress price and how much below the original price is it?

The distress asking price is AED 2,550,000. The original purchase price (OP) was AED 3,150,000 — a saving of AED 600,000, representing 19% below the original price. In addition, the property is also priced below the current prevailing market value for comparable Cavalli-branded 1-bedroom sea view units in Damac Bay 2, creating a double-layer distress position for the incoming buyer.

What is the handover date for Damac Bay 2?

Handover is scheduled for 2028. The exact month within 2028 is to be confirmed with the latest update from DAMAC Properties. DAMAC has a strong track record of delivering projects in line with committed timelines. Please contact our team for the most current handover schedule.

What is the Cavalli brand association and why does it matter for this investment?

Roberto Cavalli is one of Italy’s most iconic luxury fashion houses, known globally for its opulent, exotic, and maximalist design aesthetic. The Cavalli-DAMAC collaboration brings the fashion house’s signature design language into the interiors of every residence — bespoke finishes, signature patterns, high-quality materials, and branded common areas. Cavalli branding consistently commands a 20–40% rental premium over comparable unbranded units in the Dubai market, driven by the global recognition of the brand and the lifestyle aspirations it represents for short-term rental guests.

Why does a low floor unit have a full sea view in Dubai Harbour?

Dubai Harbour is built directly on the waterfront edge of the Arabian Gulf, meaning there are no obstructions between the development and the open sea. Even on lower floors, units on the sea-facing elevation of Damac Bay 2 Tower B benefit from direct, unobstructed Arabian Gulf views because the building fronts the water from its foundation. This is one of the key advantages of a true waterfront position versus inland towers that claim sea views from only the highest floors.

Who is the developer, DAMAC Properties, and are they reliable?

DAMAC Properties is one of the UAE’s largest and most internationally recognised luxury real estate developers, publicly listed and with a track record spanning decades and tens of thousands of units delivered across the UAE and internationally. DAMAC has a consistent history of completing and handing over its branded residential projects and is known for the quality of its branded partnerships — including Versace, Cavalli, and other iconic fashion and hospitality brands.

Can all nationalities purchase this apartment in Dubai Harbour?

Yes. Dubai Harbour is a designated freehold area in Dubai, allowing property ownership by all nationalities worldwide — both UAE residents and non-residents. There are no nationality restrictions on purchasing in Damac Bay 2 Cavalli Branded Residences.

What amenities does Damac Bay 2 offer?

Damac Bay 2 offers a full luxury amenity programme including a rooftop infinity pool with panoramic sea and skyline views, leisure pools and lagoon-style water features, spa and wellness centre, state-of-the-art gymnasium, private beach club access, concierge services, kids’ play areas, retail and dining on the podium, and 24/7 building security. The lobby and common areas carry the Roberto Cavalli branded design signature. Full confirmed amenities list is available on request from DAMAC Properties.

What are the assignment and additional costs for the buyer?

The buyer pays AED 2,550,000 to the current seller as the distress assignment price. Additional costs include DAMAC NOC and assignment fees, new Dubai Land Department registration fees, and agency commission of 2% plus VAT. The buyer also assumes all remaining payment obligations to DAMAC under the original payment plan. A full cost breakdown is available on request from our team.

What is the short-term rental and investment potential for a Cavalli-branded sea view unit?

Cavalli-branded waterfront residences at Dubai Harbour command among the highest short-term rental rates per square foot in the Dubai market. The combination of fashion-branded interiors, full sea view, Dubai Harbour waterfront setting, and proximity to JBR and Dubai Marina creates a compelling short-term rental product for international tourists and corporate guests. Entering at AED 2,550,000 — AED 600,000 below OP and below current market — adds an immediate equity cushion. Specific yield estimates and nightly rate comparables are available on request.

How do I get the floor plan, payment schedule, or initiate the assignment?

The detailed floor plan, DAMAC brochure, payment schedule, amount paid to date, and all assignment documentation for this 1-bedroom unit in Damac Bay 2 Tower B, Dubai Harbour are available on request. Contact our team directly via phone, email, or WhatsApp to receive the full information pack or to begin the assignment process. Given the seller’s urgency, early engagement is strongly recommended.

Floor Plan

Floor Plan — 1 Bedroom Full Sea View | Damac Bay 2 Cavalli, Dubai Harbour, Dubai

This 1-bedroom apartment in Damac Bay 2, Tower B spans 776 sq ft and is positioned on a low floor with a full Arabian Gulf sea view — enabled by Dubai Harbour's direct waterfront position where no buildings stand between the tower and the open sea, ensuring that even lower floors benefit from genuine unobstructed water views. The layout delivers the 1-bedroom configuration to the Roberto Cavalli branded design standard: bespoke interior finishes, signature Cavalli aesthetic elements, high-quality materials, and design detailing that reflects the fashion house's opulent and maximalist luxury language. The floor plan includes a living and dining area, the bedroom suite, bathroom, and kitchen, with balcony or terrace access capturing the sea view. Detailed floor plan with room-by-room dimensions, bathroom configuration, balcony dimensions, and building orientation for this unit in Damac Bay 2 Tower B are available on request from our team or directly from DAMAC Properties.

Payment_Plan

MilestonePayment%
Down_PaymentOn Request

Features

1 Bedroom
1 Bedroom
2028 Handover
2028 Handover
24x7 Security
24x7 Security
Ain Dubai
Ain Dubai
Beach Club
Beach Club
Below Market Value
Below Market Value
Cavalli Branded
Cavalli Branded
Concierge
Concierge
Full Sea View
Full Sea View
Gym
Gym
Infinity Pool
Infinity Pool
kids play area
kids play area
Low Floor
Low Floor
Off-Plan
Off-Plan
Outdoor cinema
Outdoor cinema
Palm Jumeirah
Palm Jumeirah
Parking Area
Parking Area
RESTAURANTS
RESTAURANTS
RETAIL OUTLETS
RETAIL OUTLETS
Sea View
Sea View
SPA
SPA
Swimming Pool
Swimming Pool
Waterfront
Waterfront

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