Is this a good buy?
Buy / Watch / Skip verdict scored against similar homes.
WATCH 72/100 conviction
OFF-PLANDEVELOPER OFF-PLAN
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Wolfie Verdict
WATCH72 / 100 conviction
Damac Bay 2 by DAMAC is a Developer Off-Plan launch in Dubai Harbour, handover 2027-Q4. Entry pricing starts at From AED 8.34M.
Dubai Harbour averages 4.8% annual appreciation and 6.2% area rent return once handed over. Wolfie projects a 26.3% value uplift over 5 years on these community fundamentals.
Investment Summary
Numbers at a glance
| Entry price | From AED 8.34M |
| Handover | 2027-Q4 |
| Payment plan | Payment Plan |
| Area average rent return | 6.2% |
| Annual appreciation | +4.8% |
| Y5 projected value | AED 10.53M |
| Golden Visa eligible | Yes (≥ AED 2M) |
| Developer | DAMAC |
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Location & Investment Impact
Location Analyzer
Schools (1) Healthcare (1) Shopping (1) Transport (2)
Dubai Marina, Dubai Harbour, Dubai, United Arab Emirates
What’s nearby
Metro station
Metro station (Green Line)
15min
Major road
Al Khail Road
6min
Beach / waterfront
the nearest waterfront
7min
Shopping centre
Carrefour Market
8min
School
the community nursery
10min
Hospital
Mediclinic
12min
Business hub
DIFC
19min
What this location means for your investment
Homes in Dubai Harbour command around a 8% rental premium over the Dubai average, driven by its established address and community amenities.
Corporate tenants from DIFC and Dubai Internet City, both under 17 minutes away, keep demand steady year round.
Improving transport links and an active development pipeline support continued capital appreciation.
Property description
About Damac Bay 2
Project Summary
Damac Bay 2 is a 49-storey residential tower by DAMAC in Dubai Harbour, the second phase of the DAMAC Bay waterfront development. The project offers 20 apartments with a Cavalli-inspired concept, starting at 8,338,000 AED and scheduled for completion in Q4 2027. Currently 26% complete, the tower is part of an exclusive waterfront community with direct access to the marina and beachside attractions. Residences feature porcelain tiled flooring, painted plastered walls with accent walls, and partially finished gypsum ceilings. Kitchens are fully fitted with refrigerator, cooker, hob, and washing machine. Built-in wardrobes are provided, while units are otherwise delivered unfurnished. Service charge is 25 to 27 AED per square foot. Dubai Harbour is a coastal district along the Persian Gulf with contemporary architecture and a marina. The location provides access to Jumeirah Beach and Jumeirah Beach Residence public beach, with connectivity to major highways and public transportation.
Features & Amenities
Organic Water Walkways
Hot Boat Tubs
Yoga Area
Jungle Bar
Tropical Treatment Rooms
The Pods The Speaker You Can Enter
Floating Tents Retreat Spa
Floating Spa Pods
Cavalli Museum
Virtual Fitting Room
Cavalli Art & Fashion Studio
Cafe & Lounge
Sunken Seating
Infinity Pool
Floating Therapy Pods
Banana Leaf Body Wrap Treatment
Hydrotherapy Walk Through Shower
Dream Pods
Cavalli Sushi Bar Copy
Payment Plan
Payment Plan
Floor Plans
Available units
| Type | Bedrooms | Size | Price | |
|---|---|---|---|---|
| 2-Bedroom | 2 | 2800.55–2800.55 | AED 8.93M | |
| 2-Bedroom | 2 | 2281.84–2281.84 | AED 7.63M | |
| 2-Bedroom | 2 | 2799.37–2799.37 | AED 9.50M |
Full Wolfie Report
Want the complete Wolfie analysis for this property?
We’ll generate a full PDF report, Wolfie Verdict, exit-strategy scenarios, capital appreciation, rental yield, and the investor brief, and an advisor will follow up to walk you through it.