2-bed · 2,601 sqftDamac Bay 2 By Cavalli Tower B, Dubai Harbour · 15th floor

1501, Damac Bay 2 By Cavalli Tower B

Sold prices and rental history: sold once, by the developer in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 8.65M1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Damac Bay 2 By Cavalli Tower B

What is 1501 worth today?

Last sold for AED 8,652,300 in 2024

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1 Oct 2024Sold by developerOff-plan
AED 8,652,300AED 3,326 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
2,601 sqft
Floor
15th of 52
Parking
1
Developer
DAMAC
Last sold
AED 8.65M · October 2024

About 1501, Damac Bay 2 By Cavalli Tower B

1501 is a two-bedroom apartment of 2,601 sqft on the 15th floor of Damac Bay 2 By Cavalli Tower B, a 52-storey tower in Dubai Harbour by DAMAC. The developer sold it on 1 October 2024 for AED 8,652,300, or AED 3,326 per sqft, 23% below the AED 4,313 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical two-bed in Damac Bay 2 By Cavalli Tower B
5M7.5M20232024202520262027Typical sale price by year: 2023 AED 5,302,000; 2024 AED 5,461,000; 2025 AED 6,110,280; 2026 AED 4,038,000Sold by developer, October 2024: AED 8,652,300 (AED 3,326 per sqft)

1501 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Damac Bay 2 By Cavalli Tower B, and where 1501 sits

All 148 2-beds →

1501 last sold in October 2024 at AED 3,326 per sqft, 23% below what two-beds in Damac Bay 2 By Cavalli Tower B were fetching at the time (AED 4,313). Over the last 12 months two-beds sold for AED 3,711,000 to 6,886,000, around AED 4,325 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Aug 20263,711,000
10 Jun 20265,160,000
18 Feb 20264,025,000
16 Feb 20264,108,000
10 2-bed sales in the last 12 months

Damac Bay 2 By Cavalli Tower B

Building

319 apartments, 1-bed to 4-bed over 52 floors in Dubai Harbour by DAMAC. 16 sold in the last 12 months.

Typical price per sqft
AED 4,335 Up 0.1%
Typical sale
AED 4.02M
Typical rent
Few contracts
Typical yield
Damac Bay 2 By Cavalli Tower B, Dubai Harbour: prices, sales and rents →
Value
15021-bedAED 3.68M · Jul 2024
15032-bedAED 5.48M · Apr 2024
15042-bedAED 5.68M · Dec 2023
15051-bedAED 3.74M · Apr 2024
15061-bedAED 3.73M · Sep 2024
15082-bedAED 3.84M · May 2024

1501, Damac Bay 2 By Cavalli Tower B in numbers

  • Sold once: by DAMAC on 1 October 2024 for AED 8,652,300, or AED 3,326 per sqft.
  • Two-beds in Damac Bay 2 By Cavalli Tower B sold for AED 3,711,000–6,886,000 in the 12 months to November 2026; the building's median across all types is AED 4,335 per sqft.

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 1501, Damac Bay 2 By Cavalli Tower B

What did unit 1501 last sell for?

AED 8,652,300 on 1 October 2024, sold by the developer: AED 3,326 per sqft for 2,601 sqft. It is the only registered sale of the unit.

How big is unit 1501?

2,601 sqft (241.6 sqm): a two-bedroom apartment on the 15th floor of a 52-storey tower.

What is unit 1501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Damac Bay 2 By Cavalli Tower B sold for AED 3,711,000 to 6,886,000 in the last 12 months, around AED 4,325 per sqft.

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Mortgage on 1501, Damac Bay 2 By Cavalli Tower B

Starts from the last sale price (AED 8.65M, 1 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 8,652,300
Deposit, UAE resident (20%)
AED 1,730,460
Deposit, non-resident (40%)
AED 3,460,920
Monthly over 25 years at 3.7%
AED 35,399

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →