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Off-planUnder construction

DAMAC Bay 2

by DAMAC Properties Dubai Marina

About DAMAC Bay 2

DAMAC Bay 2 is a residential and retail tower by DAMAC Properties, in Dubai Marina, Dubai. It rises 30 storeys (1 basement level, a ground floor, 4 podium levels and 25 floors), built as a concrete structure with internal and external finishes. The project comprises 646 homes across 2 buildings.

Key information

DAMAC Properties
Developer
DAMAC Properties
Expected handover
TBC
Status
Under construction
Location
Dubai Marina, Dubai
Master project
Dubai Harbour
Construction started
2023
Number of buildings
2
Number of units
646
Registered with DLD
10 May 2023
Escrow bank
Emirates NBD
Escrow account no.
0205844210302
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2023
  2. Under construction
    30% complete
  3. Expected handover
    TBC

Construction progress

46 inspection photos from the Dubai Land Department. Latest 15 Jul 2026 at 30% complete.

DAMAC Bay 2 construction — photo 1
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DAMAC Bay 2 construction — photo 46

Amenities

Physical features recorded on the Dubai Land Department buildings register.

2 Swimming Pools
Covered Parking
20 Elevators
62 Floors
Retail & Shops

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
629
Median price
AED 4.9M
Median price / sqft
AED 4K+1%
Off-plan share
100%

Priced 195% above than the Marsa Dubai median of AED 1K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
1 Bed224811 sqftAED 3.5MAED 4K
2 Bed3011,290 sqftAED 5.4MAED 4K
3 Bed1002,056 sqftAED 8.6MAED 4K
4 Bed25,952 sqftAED 30.1MAED 5K
5 Bed27,624 sqftAED 36.9MAED 5K

Price per sqft by year

+1% since 2023

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
17 Aug 2026Off-plan930 sqftAED 3.7MAED 4K
27 Jul 2026Off-plan931 sqftAED 4.0MAED 4K
22 Jul 2026Off-plan796 sqftAED 3.8MAED 5K
01 Jul 2026Off-plan1,649 sqftAED 7.0MAED 4K
24 Jun 2026Off-plan797 sqftAED 3.7MAED 5K
18 Jun 2026Off-plan931 sqftAED 4.2MAED 4K
11 Jun 2026Off-plan1,160 sqftAED 5.2MAED 4K
08 Apr 2026Off-plan1,182 sqftAED 4.0MAED 3K

Unit mix

646 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Commercial3-
1 B/R219730 - 877 sqft
2 B/R308929 - 2,934 sqft
3 B/R1101,642 - 6,212 sqft
4 B/R45,870 - 6,059 sqft
5 B/R27,593 - 7,656 sqft

Payment plan

Payment plans are set by DAMAC Properties and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Dubai Marina, Dubai.

Dubai Marina

Dubai, United Arab Emirates

Frequently asked questions

DAMAC Bay 2 has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 30% complete.

Other new projects in Dubai Marina

More off-plan launches around Dubai Marina.

Handover TBC30% complete

DAMAC Bay 2

Enquire