New homes in DAMAC Bay by Cavalli start at AED 2,950,000; keys are due Sep 2027; you pay 20% to book, 60% while it is built and 20% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 39 off-plan sales of 1-bed apartments of 414 sq ft to 1,397 sq ft in DAMAC BAY. Their median price is AED 3,214 per sq ft (about AED 2,308,000 at 718 sq ft). This project's from price is AED 4,109 per sq ft (AED 2,950,000 for its smallest home, 718 sq ft), 28% more.
Keys
Sep 2027
The developer's handover date
Payment plan
20 / 60 / 20
20% to book, 60% while it is built, 20% at the keys
Bedrooms
1 to 5 beds
Sizes
718 to 6,582 sq ft
Ownership
Freehold
Property types
Apartment and Duplex
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 4,109 per sq ft
Similar off-plan homes: AED 3,214 per sq ft
RERA project
2559
Check it in Dubai REST, the Dubai Land Department's official app.
Built
16%
Being built. DLD register, Jun 12, 2026
Completion on the register
Jan 2027
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك الإمارات دبي الوطني (ش.م.ع)
The bank that holds your payments
Registered homes
1,087
In 4 buildings
Paying for it
You pay 20% when you book, 60% as the building goes up, and 20% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
20%
AED 590,000
Feb 2027
While it is built
20%
AED 590,000
Apr 2027
While it is built
20%
AED 590,000
Jul 2027
While it is built
20%
AED 590,000
Sep 2027
Keys
20%
AED 590,000
Booking payment, 20%
AED 590,000
Dubai Land Department fee (Oqood), 4%
AED 118,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 708,000
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Buildings in this area paid a median of AED 19 per sq ft a year in 2023, from 35 buildings on the Dubai Land Department register. For the smallest home (718 sq ft) that is about AED 14,000 a year.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 39 off-plan sales of 1-bed apartments of 414 sq ft to 1,397 sq ft in DAMAC BAY, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Dubai Land Department recorded 39 off-plan sales of 1-bed apartments of 414 sq ft to 1,397 sq ft in DAMAC BAY, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 3,214 per sq ft
AED 2,823 to AED 3,054 per sq ft
6 sales
AED 3,054 to AED 3,286 per sq ft
16 sales
AED 3,286 to AED 3,518 per sq ft
4 sales
AED 3,518 to AED 3,749 per sq ft
2 sales
AED 3,749 to AED 3,981 per sq ft
4 sales
AED 3,981 to AED 4,212 per sq ft
1 sale
This project's from price is in this band.
AED 4,212 to AED 4,444 per sq ft
3 sales
AED 4,444 to AED 4,675 per sq ft
3 sales
AED 2,823 per sq ftAED 4,675 per sq ft
This project AED 4,109 per sq ft
Half of the sales sold for AED 3,112 to AED 3,754 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 2,823 to AED 3,054 per sq ft
6
AED 3,054 to AED 3,286 per sq ft
16
AED 3,286 to AED 3,518 per sq ft
4
AED 3,518 to AED 3,749 per sq ft
2
AED 3,749 to AED 3,981 per sq ft
4
AED 3,981 to AED 4,212 per sq ft
1
AED 4,212 to AED 4,444 per sq ft
3
AED 4,444 to AED 4,675 per sq ft
3
The 3 closest sales
Picked from the 39 similar sales above, closest in size to this project's smallest home.
Oct 2025AED 3,339,000AED 4,675 per sq ftDAMAC BAY - TOWER A, 714 sq ft
Feb 2026AED 3,047,040AED 4,307 per sq ftDAMAC BAY - TOWER C, 708 sq ft
Jan 2026AED 2,950,000AED 3,758 per sq ftDAMAC BAY - TOWER B, 785 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Dubai Harbour in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 2,950,000 here
Off-plan medianAED 3,526,000AED 3,758 per sq ft
Sales235
28% above 39 similar sales
2-bed apartment
Off-plan medianAED 7,485,000AED 4,331 per sq ft
Sales310
3-bed apartment
Off-plan medianAED 10,684,000AED 4,662 per sq ft
Sales144
4-bed apartment
Off-plan medianAED 20,273,000AED 4,483 per sq ft
Sales53
5-bed apartment
Off-plan medianToo few sales for a median
Sales7
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
3.4%
Typical for similar ready homes
5.7%
Median rent of 1-bed apartments in Dubai Harbour
AED 100,000 a year
Rent contracts counted
4,311
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 100,000 a year
2-bed apartment
AED 150,000 a year
3-bed apartment
AED 225,000 a year
4-bed apartment
AED 300,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 100,000 ÷ AED 2,950,000 = 3.4%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Mina Seyahi Tram Stop550 m, 11 min walkTram stop
Marina Beach Dubai1.8 km, 8 min driveBeach
Marina Walk950 m, 15 min walkWaterfront
ICCA Dubai2.1 km, 9 min driveSchool
Regent International School3.1 km, 12 min driveBritish school
Emirates International School - Meadows3.4 km, 11 min driveIB school
Delhi Private School6.4 km, 13 min driveIndian school
Dubai Marina Mall1.8 km, 4 min driveMall
Health Avenue Polyclinics800 m, 13 min walkHospital
DAMAC Bay by Cavalli is a three-tower DAMAC Properties project in Dubai Harbour, branded with Cavalli, with one- to five-bedroom apartments and duplexes from AED 2,950,000 and a listed handover of September 2027. 80% is due before handover, and the from price is 28% above 39 similar one-bedroom sales in the project (12 months to October 2026).
The from price is 28% above 39 similar one-bedroom sales in DAMAC Bay (12 months to October 2026). The check compares price per square foot, not total price. Ask for prices on your exact floor and view.
The plan is 20% on booking, 60% during construction and 20% at handover. At the from price you pay AED 590,000 to book, AED 1,770,000 during the build and AED 590,000 at handover. The listed handover is about ten months away, so ask when the 60% construction payment falls due. Separately, the 4% DLD fee comes to AED 118,000; ask when it is due.
Apartments have one to three bedrooms, and duplexes of three to five bedrooms with private pools sit on the upper floors. The developer also offers full floors of 7 or 8 units, about 8,682 to 8,799 sq ft in total. The listed size range is 718 to 6,582 sq ft, but the unit sizes given run from about 663 sq ft for one bedroom to 6,473 sq ft for five, so check the floor plan of your unit. Homes are unfurnished, with kitchen appliances, walk-in wardrobes and balconies.
The Mina Seyahi tram stop is about 550 m away and Dubai Media City about 820 m. Marina Walk is about 940 m away and Marina Beach about 1.8 km.
