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Off-planUnder construction

DAMAC Bay

by DAMAC Properties Dubai Marina

About DAMAC Bay

DAMAC Bay is a residential development by DAMAC Properties, in Dubai Marina, Dubai. It rises 5 storeys (3 basement levels, a ground floor, 3 podium levels and 1 floor), built as a concrete structure with internal and external finishes. The project comprises 1,087 homes across 4 buildings.

Key information

DAMAC Properties
Developer
DAMAC Properties
Expected handover
Q1 2027
Status
Under construction
Location
Dubai Marina, Dubai
Master project
Dubai Harbour
Construction started
2023
Number of buildings
4
Number of units
1,087
Registered with DLD
26 Jan 2023
Escrow bank
Emirates NBD
Escrow account no.
0205833344502
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2023
  2. Under construction
    34% complete
  3. Expected handover
    Q1 2027

Construction progress

57 inspection photos from the Dubai Land Department. Latest 18 Aug 2026 at 34% complete.

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Amenities

Physical features recorded on the Dubai Land Department buildings register.

4 Swimming Pools
Covered Parking
56 Elevators
59 Floors
Retail & Shops

Sales and prices

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

Recorded sales
1,120
Median price
AED 4.1M
Median price / sqft
AED 4K-9%
Off-plan share
100%

Priced 169% above than the Marsa Dubai median of AED 1K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
1 Bed672930 sqftAED 3.6MAED 4K
2 Bed2861,465 sqftAED 5.7MAED 4K
3 Bed1452,222 sqftAED 9.2MAED 4K
4 Bed104,631 sqftAED 21.1MAED 5K
5 Bed76,598 sqftAED 30.1MAED 5K

Price per sqft by year

-9% since 2023

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
09 Sept 2026Off-plan822 sqftAED 3.4MAED 4K
28 Jul 2026Off-plan1,304 sqftAED 4.2MAED 3K
08 Jun 2026Off-plan785 sqftAED 3.1MAED 4K
21 May 2026Off-plan1,365 sqftAED 5.3MAED 4K
28 Apr 2026Off-plan1,306 sqftAED 3.7MAED 3K
16 Apr 2026Off-plan1,304 sqftAED 4.1MAED 3K
13 Apr 2026Off-plan1,285 sqftAED 3.9MAED 3K
09 Apr 2026Off-plan1,306 sqftAED 4.0MAED 3K

Unit mix

1,087 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
PENTHOUSE6-
1 B/R638708 - 1,356 sqft
2 B/R2691,267 - 1,894 sqft
3 B/R1381,956 - 3,280 sqft
4 B/R104,464 - 5,446 sqft
5 B/R86,549 - 6,684 sqft
Commercial18-

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 has a planned handover of Q1 2027, and the latest DLD inspection puts construction at 34% complete.

Other new projects in Dubai Marina

More off-plan launches around Dubai Marina.

Handover Q1 202734% complete

DAMAC Bay

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