−24% Damac bay 2 tower В
1 BR · Apartment
About the building
Located in Dubai Harbour. Developer — Damac Properties.
What the building has
- Swimming pool
- Spa and sauna
Where it is
The pin is placed by project — accurate to the development, not the door.
Emaar Beachfront
A private peninsula between Marina and the Palm: Emaar towers on their own stretch of beach, inside Dubai Harbour.
- private beach access
- upmarket short-let
- new-build Emaar stock
What to check: Parts of the surrounding Dubai Harbour development are still under construction and the timeline has moved before. Confirm what is complete around your specific tower rather than relying on the masterplan render.
Full district guide →Questions and answers about lot NP5-107364
How much is this 1-bedroom apartment in Damac bay 2 tower В?
Lot NP5-107364 is priced at AED 2 600 000, about $708 000. The size is 795 sq ft (74 m²), which works out at AED 3 270 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 3 410 000; it is now AED 2 600 000 — AED 810 000 less, or 24%.
Is this expensive or cheap for Emaar Beachfront?
The database holds 201 lots in Emaar Beachfront, starting from AED 700 000. The area median is AED 4 321 per sq ft; this lot, at AED 3 270, is 24% below it. 29 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Emaar Beachfront area guide →Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 20%, here AED 520 000; a loan of AED 2 080 000 over 25 years at 3.75–4.99% a year comes to roughly AED 10 700–12 100 a month. A non-resident puts down from 40% (AED 1 040 000) and pays about AED 8 000–9 100 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 104 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 2 600 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Damac bay 2 tower В?
The project has 643 units. The developer is Damac. Figures are from the project passport: Propsearch and the Dubai Land Department.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP5-107364 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Damac bay 2 tower В
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