AED 2,550,000
| Deal type | Below Market |
| Price | AED 2,550,000 |
| Bedrooms | 1 |
| Size | 776 sq.ft |
| Type | Apartment |
| Status | Below market value |
| Handover | Q1-2028 |
| Area / Master development | Dubai Harbour |
| Community | Dubai Harbour |
Golden Visa eligibility, rental and yield figures, handover timing and transport connectivity described above reflect source information published as at 17 August 2026 and can change. Confirm current status before relying on them.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Buyer costs
Dubai transfer costs for an ready unit. Every figure editable — NOC is set by the developer and varies.
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| DLD transfer fee | — |
| NOC fee | — |
| Trustee / registration | — |
| Agency fee | — |
| VAT on agency (5%) | — |
Total cost
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Full payment schedule and unit details are released to qualified buyers on enquiry.
Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.
Finance
Indicative monthly repayment on a UAE bank mortgage.
| Down payment | — |
| Loan amount | — |
| Total interest | — |
| Total repaid | — |
Monthly payment
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Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.
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