(Last Updated On: July 27, 2023)

Foreign investors have started to buy property in DAMAC Bay 2 by Cavalli in Dubai because of their high investment opportunity. Off-plan real estate investing is a great opportunity to benefit from rising real estate prices. By purchasing a property while it is still under construction, you can save significantly on its cost and sell it at a profit in the future. In addition, you get to choose from the best properties on the market and invest in properties that will meet the latest quality standards.

Why off-plan in Dubai? 

For investment purposes, new under-development buildings are most often chosen. It is advisable to do so for several reasons:

• A new apartment has no sales history, and the buyer cannot have problems with the previous owners. Future buyers will not have to face any legal issues. 
• The quality of construction and safety margin of new buildings are incomparable with old houses. During the construction of new houses modern technologies and architectural solutions are used, which meet the requirements of today and make the life of the inhabitants more comfortable. If you compare the life of new buildings and objects of the secondary market, the latter are in a deliberately losing situation.
• Modern new buildings are often built in already settled neighborhoods or are built in complexes, simultaneously with infrastructure facilities.

If you plan to sell the property later and get a significant profit, it is best to invest in the early stages of construction.

About DAMAC Bay 2 by Cavalli 

DAMAC Properties, a leading luxury real estate developer in Dubai, has launched sales for its latest off-plan project, DAMAC Bay 2 by Cavalli. The project is a collaboration between DAMAC and the renowned Italian fashion house, Roberto Cavalli.

Located in the vibrant Dubai Harbour district, DAMAC Bay 2 by Cavalli will feature a stunning waterfront development comprising two towers – one residential and one hotel – connected by a podium. The residential tower will offer 360-degree views of the marina and the Arabian Gulf, while the hotel tower will be operated by the renowned hospitality brand, Roberto Cavalli Hotels & Resorts.

Residences for sale in the residential complex 

The residential towers will feature 202 luxury apartments, including 1- to 7-bedroom units, as well as penthouses. Each unit will be designed to reflect the signature style of Roberto Cavalli, with high-quality finishes and luxurious amenities.

Residents of DAMAC Bay by Cavalli will have access to a range of world-class facilities, including a state-of-the-art gym, spa, swimming pool, and a private beach club. The development will also feature a variety of dining options, including a signature restaurant by Roberto Cavalli.

Access to all sought-after attractions 

DAMAC Bay 2 by Cavalli is located in one of Dubai’s most sought-after neighborhoods, offering residents easy access to a range of entertainment and leisure options, including the Dubai Marina Mall, Jumeirah Beach Residence, and the Dubai Eye.

The launch of DAMAC Bay by Cavalli comes at a time when Dubai’s real estate market is experiencing a resurgence, with a growing demand for luxury properties. Dubai Harbour district has been one of the most popular areas for property buyers in the city, with a steady increase in sales over the past year.

With its prime location, luxurious amenities, and stunning design, DAMAC Bay 2 by Cavalli is expected to attract a high level of interest from investors and homebuyers looking for an exceptional lifestyle experience in Dubai.

Trust to the DAMAC Properties developer 

When buying off-plan properties, it is important to choose a reputable developer to ensure that your investment is secure and your property will be delivered on time and to the expected quality. Here are some tips to help you consider DAMAC Properties a reliable developer:

1. Do your research. Look for information about the developer’s track record, experience, and reputation. Check their website, social media pages, and online forums for reviews and feedback from previous buyers.
2. Visit their completed projects. Take a look at the developer’s previous projects to see the quality of their work and how well they have been maintained.
3. Check their financial stability. Make sure the developer has a strong financial position and is able to complete the project without any delays or issues.
4. Look for transparency. A reputable developer will provide clear and transparent information about the project, including the timeline, payment plan, and any additional fees or charges.
5. Check their legal compliance. Make sure the developer has all the necessary permits and approvals from the relevant authorities to carry out the project.

By following these tips, you can be confident in your choice of developer when buying off-plan properties in Dubai.

Investments in residences of exceptional style 

Some general advantages of buying apartments with stylish designs:

1. Aesthetically pleasing. One of the most obvious benefits of buying an apartment with a stylish design is the visual appeal. A well-designed apartment can create a sense of luxury and sophistication, making it more enjoyable to live in.
2. Higher resale value. Apartments with stylish designs are often more attractive to buyers, which can increase their resale value. This means that if you decide to sell your apartment in the future, you may be able to get a higher price for it.
3. Better functionality. Stylish designs often prioritize functionality, which means that your apartment may be more practical and comfortable to live in. Features such as built-in storage, efficient use of space, and modern appliances can make your daily life easier and more convenient.
4. Improved quality of life. Living in an apartment with a stylish design can improve your overall quality of life. A well-designed space can create a sense of calm and relaxation, making it easier to unwind after a long day.
5. Prestige. Owning an apartment with a stylish design can be seen as a status symbol, which can be appealing to some buyers. It can also be a source of pride and satisfaction to live in a space that is well-designed and aesthetically pleasing.

Conclusion 

In conclusion, the launch of sales in DAMAC Bay 2 by Cavalli in Dubai is an exciting opportunity for those looking to invest in a stylish and luxurious apartment. The development’s prime location, stunning waterfront views, and unique design by fashion icon Roberto Cavalli make it a highly desirable property. Potential buyers can expect to enjoy a range of benefits, including improved functionality, higher resale value, and an overall improved quality of life. Contact AX CAPITAL for getting more relevant information.