Apartment in Damac Bay by Cavalli - Alira Real Estate - Real estate in the UAE (2024)

DAMAC Bay by Cavalli is a three-tower luxury development that will become another popular attraction in Dubai Harbour. The project is being implemented by the developer DAMAC Properties in partnership with the world-famous Cavalli brand. A distinctive feature of the complex is a 270-degree view of the picturesque surrounding landscapes. Commissioning is scheduled for the 3rd quarter of 2027.

Location:

“Surrounded by lush gardens and picturesque avenues, DAMAC Bay by Cavalli offers easy access to the emirate’s key transport artery, Sheikh Zayed Road. So you can easily move around Dubai. The Palm Jumeirah and Dubai Internet City are just a 10-minute drive away, and Dubai International Airport is 20 minutes away if there’s no traffic.

— There are many fine restaurants nearby where you can treat yourself to delicious dishes. These include Bounty Beets, Attiko Dubai, Fish Beach Taverna, Sui Mui Dubai and other first-class establishments.

– In addition, there are many recreational and entertainment options within walking distance, including: Dubai International Nautical Club; Vista Panoramica Dubai Marina; Skydive Dubai; JBR Beach; Dubai Marina Walk; The Walk; Meraas viewpoint.

Dubai Harbor houses a cruise terminal and the world’s largest marina, capable of accommodating up to 700 yachts and boats. In addition to water activities, residents of DAMAC Bay by Cavalli will be able to take advantage of new hotels, cafes, restaurants, boutiques and much more.

Economic attractiveness:

— By purchasing a home in DAMAC Bay by Cavalli, you become eligible for a 10-year golden resident visa, which is issued when you invest in a home an amount of AED 2,000,000 ($545,000).

– You will also be able to sponsor your family and household staff, apply for an Esaad card and enjoy other attractive benefits.

— The return on investment in DAMAC Bay by Cavalli will be 5% of the cost of housing.

In addition, you always have the opportunity to rent out the property or resell it for a profit.

Apartment in Damac Bay by Cavalli - Alira Real Estate - Real estate in the UAE (2024)
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