3-Bedroom Apartment in DAMAC Bay by Cavalli Tower A, Dubai Harbour — AED 8.1M Off-Plan Resale

Property Overview

This off-plan 3-bedroom apartment in DAMAC Bay by Cavalli Tower A, Dubai Harbour, is offered at AED 8,100,000. The agent states a size of 2,124 sqft, about AED 3,814 per square foot. It is a 07-series unit with Palm Jumeirah and Dubai Marina skyline views, 60% already paid and handover expected in Q3 2027.

Property Highlights

• Asking price: AED 8,100,000
• Size: 2,124 sqft (agent-stated)
• Price per sqft: approximately AED 3,814 (DPF calculation)
• Bedrooms: 3
• Unit series: 07, Tower A
• View: Palm Jumeirah and Dubai Marina skyline (agent-stated)
• Amount paid: 60% (agent-stated)
• Expected handover: Q3 2027 (agent-stated)
• Developer: DAMAC, in partnership with Cavalli
• Status: Off-plan

Why This Is Classified as Off-Plan Distress

The agent states that the asking price is 11.8% below the original purchase price. The original price itself was not included in the brief, so DPF cannot check the arithmetic or confirm the discount. The listing is therefore classified as an off-plan distress resale rather than Below OP.

Buyers should ask for the SPA showing the original price. Once confirmed, the discount can be measured directly against it.

About DAMAC Bay by Cavalli

DAMAC Bay by Cavalli is a three-tower branded residential development by DAMAC Properties in partnership with the Cavalli fashion house. It sits in Dubai Harbour, the waterfront district between Palm Jumeirah and Bluewaters Island. The project combines one to three-bedroom apartments with a limited number of larger duplexes on upper floors.

Published project information lists private beach access, infinity pools, a spa, a kids' club, co-working spaces and landscaped gardens for residents. Dubai Harbour is a freehold area, so foreign buyers can own property outright.

Layout, Floor and View

The agent confirms three bedrooms, a size of 2,124 sqft, a 07-series position in Tower A and views of the Palm and Marina skyline. The floor number, bathroom count, parking and full unit number were not supplied. Request the floor plan for the 07 series to confirm the layout and outlook.

Payment Plan and Handover

According to the agent, 60% of the purchase price has been paid and handover is expected in Q3 2027. The project launched on an 80/20 structure with 20% payable at handover, but this unit's own instalment schedule was not supplied. Obtain a DAMAC statement of account showing the paid amount, remaining instalments and any overdue sums before committing.

Buying Costs

Off-plan resales in Dubai are normally subject to a 4% Dubai Land Department fee on the purchase price, about AED 324,000 at the asking price, plus developer transfer charges and agency fees. Who pays each cost, and how the seller's paid amount is settled, should be agreed in writing.

Verification Notes

• Agent-supplied facts: tower, unit series, bedrooms, size, view, asking price, 60% paid, handover and the 11.8% below-OP claim.
• DPF calculations: price per square foot and the indicative 4% DLD fee.
• External research: project structure, location and amenities from published project information.
• Not supplied: original purchase price, amount paid in AED, floor number and unit number. These should be confirmed against the SPA and a DAMAC statement of account.