What is the price of Damac Bay 2?

Damac Bay 2 is priced from AED 7.28M in Dubai Harbour, Dubai.

What is the payment plan for Damac Bay 2?

Damac Bay 2 offers a 20/60/20 payment plan with handover expected Q4 2028.

What rental yield does Damac Bay 2 offer?

Projected gross rental yield for Damac Bay 2 is 5.5 to 7.5% annually.

When is Damac Bay 2 handover?

Damac Bay 2 is scheduled for handover in Q4 2028 in Dubai Harbour, Dubai.

Can foreigners buy Damac Bay 2?

Yes. Dubai freehold zones allow any nationality to purchase off-plan property with full ownership rights and no property tax.

UAE Real Estate · Dubai

Damac Bay 2 in Dubai Harbour

Launch Price

AED 7.28M

Property Type

Mixed-Use

Bedrooms

1 - 5 Beds

Payment Plan

20/60/20

Handover

Q4 2028

Projected Yield

5.5 to 7.5%

Off-plan multiple/other buyers in Dubai Harbour will find Damac Bay 2 starting at AED 7.28M. A 20% booking payment secures the unit. Construction-phase instalments total 60%, with the remaining 20% due at handover scheduled for Q4 2028. Projected gross returns run in the 5.5 to 7.5% range annually, in line with similar off-plan product in Dubai. Damac Bay 2 sits in the premium tier. MonthlyDubai can match this project with your monthly capacity alongside comparable alternatives.

Payment Plan Breakdown

Minimum monthly instalment during construction: AED 132,436. No mortgage or bank approval required.

Phase	%	Amount
On Booking	20%	AED 1,456,800 Due on signing SPA
During Construction	60%	AED 132,436/mo 33 months
On Handover	20%	AED 1,456,800 Due at Q4 2028
Total	100%	AED 7,284,000

Questions about Damac Bay 2

What payment plan does Damac Bay 2 offer?+

Damac Bay 2 uses a 20/60/20 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q4 2028.

Can I buy this project without a mortgage?+

Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.

Is this project registered with RERA?+

MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.

How do I find out if this fits my monthly budget?+

Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Damac Bay 2 fits your budget and send you comparable alternatives.

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