Damac Bay is a residential project by Damac Properties in Dubai Marina, Dubai, with handover 15.01.2027, construction 28.9% complete per the DLD registry.
Construction progress
- Handover15.01.2027
- Status date17.04.2026
- DLD project number2559
Data from the Dubai Land Department project registry (updated 08.08.2026 10:48).
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.
All Dubai construction in the DLD register · Developer: Damac Properties · District: Dubai Marina
Recent transactions
| Date | Type | Size, m² | Price, AED |
|---|---|---|---|
| 05.08.2026 | 2 BR | 59.2 | 2 699 772 |
| 28.07.2026 | 1 BR | 121.1 | 4 177 150 |
| 29.06.2026 | 2 BR | 149.9 | 6 600 000 |
| 08.06.2026 | 1 BR | 72.9 | 3 119 000 |
| 21.05.2026 | 2 BR | 126.8 | 5 292 000 |
| 13.05.2026 | 1 BR | 38.6 | 1 675 000 |
| 28.04.2026 | 1 BR | 121.3 | 3 686 440 |
| 16.04.2026 | 1 BR | 121.1 | 4 071 000 |
| 13.04.2026 | 1 BR | 119.4 | 3 949 000 |
| 09.04.2026 | 1 BR | 121.3 | 3 951 360 |
| 06.04.2026 | 1 BR | 120.8 | 4 034 000 |
| 30.03.2026 | 1 BR | 73.0 | 3 488 120 |
| 26.03.2026 | 1 BR | 121.1 | 3 919 680 |
| 09.03.2026 | 1 BR | 116.6 | 3 895 650 |
| 06.03.2026 | 1 BR | 121.1 | 4 137 000 |
| 04.03.2026 | 1 BR | 86.3 | 3 484 000 |
| 27.02.2026 | 1 BR | 114.7 | 4 093 000 |
| 18.02.2026 | 1 BR | 114.7 | 3 843 180 |
| 16.02.2026 | 2 BR | 132.5 | 6 233 900 |
| 12.02.2026 | 1 BR | 79.7 | 3 359 000 |
Dubai Land Department transaction registry, updated 2026-08-08. Explore Dubai property transactions →
Places nearby
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.
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.
What buyers actually paid
| Type | Size, m² | Price, AED | Per m² | Deals |
|---|---|---|---|---|
| 1 bedroom | 81 | 3 517 000 | 43 420 | 683 |
| 2 bedrooms | 133 | 5 526 000 | 41 549 | 299 |
| 3 bedrooms | 195 | 8 520 000 | 43 692 | 148 |
| 4 bedrooms | 426 | 20 760 000 | 48 732 | 10 |
| 5 bedrooms | 610 | 29 948 000 | 49 095 | 7 |
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.
The upper figure is the median price per m² in AED, the lower one is the number of deals. Years with fewer than eight deals are skipped.
* 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.
