PropertyIndex

Damac Bay 2

Under Construction · 14%|646 units · 2 buildings

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Damac Bay 2 is an under-construction apartment development by DAMAC MDN INVESTMENT L.L.C in Dubai Harbour, Marsa Dubai, comprising 646 registered units. 629 sales are registered with the Dubai Land Department, at a current PIX© price of AED 4,396 per sqft. At AED 4,396 per sqft, Damac Bay 2 prices 12% above the Dubai Harbour average of AED 3,914 per sqft on registered sales.

PIX© price · 1.6% YoY
4.81MAED
Typical
4,396AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
629
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Damac Bay 2

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
730 – 7,656 sqft
6464.81M4,3961.6%
Residential
1 Bed · Apartment
730 – 877 sqft
219
2 Bed · Apartment
929 – 2,934 sqft
308
3 Bed · Apartment
1,642 – 4,444 sqft
110
4 Bed · Apartment
5,870 – 6,059 sqft
4
5 Bed · Apartment
7,593 – 7,656 sqft
2
Commercial
Shop
1,558 – 3,115 sqft
3
No rental contracts registered — the project has not handed over.
Sales — Project-Wide629 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Tower & Floor Analysis
last 24 months
All towers · 183 sales
Floors 2-22 · 46 sales
Floors 24-50 · 137 sales
Tower B · 82 sales
Floors 2-22 · 22 sales
Floors 24-50 · 60 sales
Tower A · 101 sales
Floors 2-22 · 24 sales
Floors 24-50 · 77 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
24 Jul 20262 BedTower A · Floor 449314,032,7004,332StandardOff-Plan Sale
21 Jul 20261 BedTower B · Floor 477963,768,0004,7340.0%StandardOff-Plan Sale
30 Jun 20263 BedTower A · Floor 471,6497,022,4404,260+4.0%StandardOff-Plan Sale
Rentals — Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Harbour

The closest-priced registered projects in Dubai Harbour.

Common questions about Damac Bay 2

Answered from Dubai Land Department registered transactions.

How much does a property in Damac Bay 2 cost?

Property in Damac Bay 2 sells at a current PIX© price of AED 4,396 per sqft, or about AED 4,814,930 for a typical unit, based on 629 sales registered with the Dubai Land Department.

When is Damac Bay 2 handing over?

Damac Bay 2 is under construction, and is 14% complete against the Dubai Land Department's reported progress.

Who is the developer of Damac Bay 2?

Damac Bay 2 is developed by DAMAC MDN INVESTMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Damac Bay 2?

Damac Bay 2 holds 646 registered units, per the Dubai Land Department unit register.

Have prices in Damac Bay 2 gone up or down?

Price per sqft has risen +1.6% over the last 12 months, to AED 4,396, across 629 registered sales.