What is the price of Damac Bay?

Damac Bay is priced from AED 3.88M in Dubai Harbour, Dubai.

What is the payment plan for Damac Bay?

Damac Bay offers a 20/40/40 payment plan with handover expected Q3 2027.

What rental yield does Damac Bay offer?

Projected gross rental yield for Damac Bay is 5.6 to 7.6% annually.

When is Damac Bay handover?

Damac Bay is scheduled for handover in Q3 2027 in Dubai Harbour, Dubai.

Can foreigners buy Damac Bay?

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 in Dubai Harbour

Launch Price

AED 3.88M

Property Type

Mixed-Use

Bedrooms

1 - 5 Beds

Payment Plan

20/40/40

Handover

Q3 2027

Projected Yield

5.6 to 7.6%

Off-plan multiple/other buyers in Dubai Harbour will find Damac Bay starting at AED 3.88M. A 20% booking payment secures the unit. Construction-phase instalments total 40%, with the remaining 40% due at handover scheduled for Q3 2027. Projected gross returns run in the 5.6 to 7.6% range annually, in line with similar off-plan product in Dubai. MonthlyDubai sends personalised shortlists to WhatsApp within 48 hours. Free to use, no agency commission involved.

Payment Plan Breakdown

Minimum monthly instalment during construction: AED 86,267. No mortgage or bank approval required.

Phase	%	Amount
On Booking	20%	AED 776,400 Due on signing SPA
During Construction	40%	AED 86,267/mo 18 months
On Handover	40%	AED 1,552,800 Due at Q3 2027
Total	100%	AED 3,882,000

Questions about Damac Bay

What payment plan does Damac Bay offer?+

Damac Bay uses a 20/40/40 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q3 2027.

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 fits your budget and send you comparable alternatives.

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