Damac Bay

Damac Bay is a three-tower residential development by DAMAC Properties, positioned on the waterfront at Dubai Harbour and designed in collaboration with Roberto Cavalli. Completion is scheduled for July 2027, with construction currently at just under 29 per cent. The project delivers branded residences across a price range from approximately AED 3.9 million to AED 75 million.

# Three towers on the Dubai Harbour waterfront

Dubai Harbour sits at the meeting point of Palm Jumeirah and Dubai Marina, on a stretch of coastline that was largely undeveloped a decade ago. The district has matured into one of the emirate's more focused luxury addresses, built around deep-water berths, a beach club strip, and a cruise terminal rather than the mixed-use sprawl typical of older Dubai masterplans.

Damac Bay occupies a waterfront plot within that district. The three towers rise between 30 and 40 storeys, giving the development a scale that registers on the skyline without dominating it. The Cavalli collaboration shapes the visual language of the project, bringing the fashion house's signature aesthetic into the architecture and communal spaces rather than limiting it to branded fixtures in the apartments.

# Residences from one-bedroom flats to 10,000-square-foot penthouses

The unit mix spans one-bedroom apartments through to four and five-bedroom residences, and the size differential between the two ends of that range is striking.

One-bedroom apartments cluster around 1,255 to 1,306 square feet, priced in the AED 3.9 million to AED 4.4 million range. These are generous floor plates for single-bedroom product in Dubai, suggesting that the developer has prioritised proportional living space over unit count.

At the upper end, four-bedroom residences reach 8,894 to 10,035 square feet, priced between AED 66.8 million and AED 75 million. A single five-bedroom unit of 10,053 square feet is listed at AED 73 million. These are effectively large-format penthouses in everything but name.

Kitchens are fully fitted and appliance-equipped, covering refrigerator, cooker, hob and washing machine. Flooring runs to porcelain tile throughout, bathrooms carry modern sanitary ware with vanity storage, and walls are painted plaster with selected accent finishes. The residences are delivered with kitchen fit-out only, leaving furnishing and soft specification to the buyer. Service charges run at AED 25 to 27 per square foot annually.

# Amenities oriented around water and the Cavalli brand

The amenity programme leans into the waterfront setting and the Cavalli identity simultaneously. Infinity pools and a water maze address the aquatic brief; a fashion snorkelling pool is a more unusual addition, consistent with the brand collaboration. Garden walkways positioned at height and a jungle oasis bring greenery into what is otherwise a hard coastal environment.

The Cavalli Private Club gives residents access to a branded social venue within the building. Supporting that are a cigar lounge, spa, gym, dedicated co-working and meeting spaces, and food and beverage outlets both inside the towers and directly on the beach. Hammock and chilling spaces complete the leisure offering.

# Distances to Marina, Downtown and the airport

Dubai Marina Walk sits 1.7 kilometres away, roughly eight minutes by car. Dubai Marina Mall is 2.9 kilometres, nine minutes. The Marina Beach area is accessible in ten minutes, covering three kilometres.

Downtown Dubai is 22.4 kilometres and approximately 25 minutes in typical traffic conditions, which is workable for occasional trips but positions this development as a coastal address first, a city-centre commuter option second. Dubai International Airport is 32.6 kilometres, around 30 minutes by road.

The International School of Choueifat, located 4.8 kilometres away in 13 minutes, is the nearest named school in the data. Families with older children will want to map the full range of school options across the Marina and JBR corridor.

# Who this development suits, and where it sits in the current market

The one-bedroom units are priced at a significant premium to comparable stock across Dubai Marina and JBR, which reflects both the Dubai Harbour address premium and the Cavalli branding. Buyers treating this as an investment will need to weigh that premium against achievable rental yields in a submarket that is still establishing its rental depth.

The large-format upper-floor residences are a different conversation entirely. At AED 66 million to AED 75 million for nearly 10,000 square feet on the waterfront, they are competing with Palm Jumeirah villas and the top floors of One Za'abeel rather than anything in the Marina. For a buyer who wants that scale of space with direct sea orientation and marina-adjacent convenience, there are few direct comparisons in the current Dubai inventory.

Construction progress at 28.85 per cent against a July 2027 handover puts buyers roughly two and a half years from completion. That timeline suits international buyers structuring a purchase around an off-plan payment plan, and it leaves room for the Dubai Harbour district to continue filling in around the project before residents arrive.