DAMAC Bay by Cavalli

DAMAC Bay by Cavalli stands on the Dubai Harbour waterfront, across from Dubai Marina, with interiors by the Italian fashion house Roberto Cavalli on a sea theme. DAMAC describes a 42-storey project, and its renderings show three linked towers, as does Property Finder's overview. DAMAC's FAQ places one- to three-bedroom apartments on levels 2 to 28 and larger three- to five-bedroom homes on levels 29 to 40, although its penthouse listings carry floor 48 in the unit code. The shared facilities include an infinity pool, a sky garden, workstations set in the pool, a private beach and a rooftop pavilion where DAMAC plans opera performances with a fountain. DAMAC dates the launch to January 2023, and Property Finder records construction starting in April 2023.

On 13 November 2026 DAMAC's site listed five units. There was one one-bedroom apartment of 1,304 sq ft on floor 3, with two bathrooms, at AED 3,939,000, or about AED 3,020 per sq ft. There were three four-bedroom penthouses of 8,895 to 10,035 sq ft at AED 66,843,000 to AED 75,039,000, and one five-bedroom penthouse of 10,053 sq ft on floor 48 at AED 73,036,000. These are the units on offer in November 2026, not the full range in the towers. The two- and three-bedroom apartments in DAMAC's FAQ were not offered online on that date.

DAMAC's plan for all three unit types (PP-645992, October 2026, shared with DAMAC Bay 2) asks for 9% immediately, 55% in 23 instalments over the 24 months after purchase, and 40% on completion. Those payments add up to 104% of the price because the immediate payment includes the 4% DLD registration fee, so on the price itself the plan is 5/55/40. The project page headline still shows a 60/40 plan. Timing is the larger question: DAMAC's project page gives handover in the third quarter of 2027, its unit cards give the fourth quarter of 2028, and Property Finder lists January 2027. The latest date is shown here, and the gap of almost two years should be settled in writing before you sign.

Property Finder showed developer stock as sold out on 13 November 2026, with 148 resale listings, while DAMAC's own site still listed five units. Property Finder's launch figures were AED 3.9 million for one bedroom, AED 6.1 million for two, AED 11 million for a three-bedroom duplex, AED 20 million for four and AED 29 million for five bedrooms, on a 20/40/40 plan. DAMAC's remaining penthouses are priced well above those starting figures, so ask what sets them apart from resale stock.

Who it suits: buyers who want a branded, sea-facing home in a settled part of the coast, with JBR Walk and Dubai Marina Mall about five minutes away on DAMAC's figures, and penthouse buyers looking at the top of the market. What to weigh: the conflicting handover dates, the high price per square foot, and the lack of published detail on what the Cavalli brand provides once the towers are finished and how it affects the service charge.