Developer: Damac J R Two Investment · Dubai Marina

Damac Bay

Damac Bay is a residential project by Damac Properties in Dubai Marina, Dubai, with handover Q1 2027, construction 33.8% complete per the DLD registry, 1087 units.

HandoverQ1 2027Developer supplied
Construction33.8%DLD registry · checked 18 Aug 2026
Units1 087DLD registry

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

Units for sale in Damac Bay

Prices, layouts and terms on request.

Payment plan 60/40

The purchase price is split into these stages.

120%Down payment
240%During construction
340%On handover

The exact schedule is confirmed in the sale agreement for the selected unit.

Handover date & construction progress

33.76%
  • HandoverQ1 2027
  • Status date18.08.2026
  • Progress between DLD inspections+4.91% (2026-04-17 → 2026-08-18)
  • DLD project number2559

Data from the Dubai Land Department project registry (updated 22.09.2026 09:55).

Construction progress 102
18 August 2026 33.76%
Damac Bay, Dubai Marina construction progress — 18 August 2026, 33.76% complete, photo 1 of 10Damac Bay, Dubai Marina construction progress — 18 August 2026, 33.76% complete, photo 2 of 10Damac Bay, Dubai Marina construction progress — 18 August 2026, 33.76% complete, photo 3 of 10Damac Bay, Dubai Marina construction progress — 18 August 2026, 33.76% complete, photo 4 of 10Damac Bay, Dubai Marina construction progress — 18 August 2026, 33.76% complete, photo 5 of 10Damac Bay, Dubai Marina construction progress — 18 August 2026, 33.76% complete, photo 6 of 10Damac Bay, Dubai Marina construction progress — 18 August 2026, 33.76% complete, photo 7 of 10Damac Bay, Dubai Marina construction progress — 18 August 2026, 33.76% complete, photo 8 of 10Damac Bay, Dubai Marina construction progress — 18 August 2026, 33.76% complete, photo 9 of 10Damac Bay, Dubai Marina construction progress — 18 August 2026, 33.76% complete, photo 10 of 10

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
09.09.20261 BR76.43 414 000
26.08.20261 BR76.83 495 000
26.08.20261 BR78.33 700 000
05.08.20262 BR59.22 699 772
28.07.20261 BR121.14 177 150
29.06.20262 BR149.96 600 000
08.06.20261 BR72.93 119 000
21.05.20262 BR126.85 292 000
13.05.20261 BR38.61 675 000
28.04.20261 BR121.33 686 440
16.04.20261 BR121.14 071 000
13.04.20261 BR119.43 949 000
09.04.20261 BR121.33 951 360
06.04.20261 BR120.84 034 000
30.03.20261 BR73.03 488 120
26.03.20261 BR121.13 919 680
09.03.20261 BR116.63 895 650
06.03.20261 BR121.14 137 000
04.03.20261 BR86.33 484 000
27.02.20261 BR114.74 093 000

Dubai Land Department transaction registry, updated 2026-09-20. Explore Dubai property transactions →

Registered transactions in Damac Bay

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

1 151deals since 2023
41 943AED per m², median
0%resale, the rest bought from the developer
+3%over the past year

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +1% over the same period, so the building matched it.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
1 bedroom813 517 00043 420686
2 bedrooms1335 526 00041 549299
3 bedrooms1958 520 00043 692148
4 bedrooms42620 760 00048 73210
5 bedrooms61029 948 00049 0957

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

How the price per square metre moved

From 2023 to 2025 — -11% on the price per square metre in this building. The district moved -4% over the same period, so the building lagged the market.

41 9252023
46 5022024
37 4062025
40 3572026*

Top to bottom: purchase price per m², year, annual rent per m², gross yield.

All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.

* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

Damac Bay

About the project

Damac Bay is an active residential project in Dubai Marina by Damac J R Two Investment. The development comprises three residential towers and shared basement and podium levels, with 1,087 units in total. Construction was 28.85% complete at the latest inspection on 17 April 2026, and the project completion date is 15 January 2027.

Three-tower waterfront development

Damac Bay is planned as three towers with shared basement and podium structures. Tower A is specified as 47 floors plus three mechanical floors and a roof level; Tower B has 47 floors plus three mechanical floors and a roof level; and Tower C has 48 floors plus three mechanical floors and a roof level. The shared structure includes three basement levels, a ground floor, three podium levels and one further floor. The three towers are connected by rooftop sky bridges and sit on seven common podium levels. The scheme is presented as a Cavalli-branded residential development, with views described towards Palm Jumeirah, the Arabian Sea, Dubai Eye and the Dubai Marina skyline.

Apartments and duplex residences

The available residence mix includes one-, two- and three-bedroom apartments, alongside a limited collection of larger three-, four- and five-bedroom residences. One-bedroom apartments range from 660 to 1,360 sq ft, with prices from AED 2.9 million. Two-bedroom apartments range from 1,277 to 1,728 sq ft and start from AED 4.4 million. Three-bedroom apartments are offered in two ranges: 1,992 to 2,125 sq ft from AED 6 million, and 3,243 to 3,321 sq ft from AED 14.2 million. Four-bedroom residences range from 4,295 to 4,370 sq ft from AED 19.1 million. Five-bedroom residences range from 6,473 to 6,582 sq ft from AED 28.7 million. Selected larger duplexes on higher floors include private pools. Kitchens are equipped with European-branded appliances.

Water, wellness and rooftop facilities

The ground-level facilities include a private beach and the Cavalli Private Club. Podium amenities include a wave pool for surfing, a cigar lounge, a fully equipped gym and spa, a jungle oasis, a water maze and a juice bar integrated into the water. The podium also includes an island with sunken water seating, a glass water bridge with a Cavalli display, a fashion snorkelling pool and hammock areas. At rooftop level, the plans include infinity pools, garden walkways in the sky and floating pool pods with provisions for workspace and meetings. The rooftop programme also includes informal office cubicles and meeting rooms, an opera school and performance area, and virtual-reality education facilities.

Dubai Marina setting

Damac Bay is located in Dubai Marina, a waterfront district built around an artificial marina more than three kilometres long. The district has a landscaped promenade used for walking, jogging and cycling, with restaurants and cafes along the waterfront. Dubai Marina connects to the Arabian Gulf and forms part of Dubai’s coastal development zone. JBR Beach is 0.7 km from the central marina area, while Palm Jumeirah is 3.8 km away. Mall of the Emirates is 7.5 km away, Expo City Dubai is 13.2 km away, Downtown Dubai is 18.9 km away and Dubai International Airport is 29.9 km away. The nearest Red Line metro station, R36, is 723 metres from the central marina area.

Construction progress and payment structure

The project began on 15 April 2023 and is active. Its latest recorded construction completion ratio is 28.85%, based on an inspection dated 17 April 2026. The recorded project completion date is 15 January 2027. The payment structure allocates 20% at booking, 60% during construction and the final 20% at completion. The development has 1,087 units across its three residential towers. This unit count applies to the project as a whole, including the residential accommodation within the tower scheme.

The developer

Damac J R Two Investment is the developer of Damac Bay. The project is located in Dubai Marina and is registered under project number 2559. The same project number applies to its official project record and construction-progress entry. Damac Bay has a recorded start date of 15 April 2023 and a completion date of 15 January 2027. The development’s total recorded area is 136,056.28.

Frequent questions

Who is the developer of Damac Bay?
Damac Bay is developed by Damac J R Two Investment.
Where is Damac Bay located?
Damac Bay is located in Dubai Marina, Dubai.
What is the starting price at Damac Bay?
One-bedroom apartments start from AED 2.9 million. Prices listed for larger residences extend to AED 28.7 million for five-bedroom homes.
What apartment types are available at Damac Bay?
The development includes one-, two- and three-bedroom apartments, plus larger three-, four- and five-bedroom residences. Selected larger duplexes include private pools.
When is Damac Bay scheduled for completion?
The recorded project completion date is 15 January 2027.
What is the Damac Bay payment plan?
The payment structure is 20% at booking, 60% during construction and 20% at completion.
What is the current construction status of Damac Bay?
Damac Bay is active and was 28.85% complete at the inspection dated 17 April 2026.
How many units are in Damac Bay?
Damac Bay has 1,087 units across three residential towers.
What amenities are planned at Damac Bay?
Facilities include a private beach, Cavalli Private Club, wave pool, gym and spa, rooftop infinity pools, garden walkways and workspaces.
What is near Damac Bay?
JBR Beach is 0.7 km from the central Dubai Marina area, Palm Jumeirah is 3.8 km away, and the nearest Red Line metro station is 723 metres away.
How can I buy an apartment in Damac Bay?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

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How to cite:Damac Bay — Continental Club Property, from Dubai Land Department registry and developer data, 2026-09-09, https://continentalclub.ae/project/damac-bay-dubai-marina/