DAMAC Riverside Views

DAMAC Riverside Views is DAMAC Properties' first launch of 2025, unveiled on 29 January 2025 at the Coca-Cola Arena in Dubai in a landmark event headlined by Amira Sajwani and featuring globally acclaimed celebrities including Bollywood superstar Shah Rukh Khan. Located within the 250 Plus acre DAMAC Riverside master community at Dubai Investment Park 2, the development offers 4,000 Plus wellness-inspired 1 and 2-bedroom apartments across 8 uniquely themed waterfront clusters: Teal, Azure, Marine, Indigo, Royal, Capri, Sky and Pacific. DAMAC Riverside is built around a central artificial river dividing the community into two distinct zones, Water Vein and Green Vein, surrounded by an extraordinary amenity programme including essential oil lakes, a floating opera, a floating chess stage, hydroponic farms providing fresh produce daily, Malibu Cove, Peace Rooms, a Portofino Italian restaurant, a floating island restaurant, and a Zen Spa. The architecture draws inspiration from iconic global river cities, blending eco-friendly construction with riverside luxury at one of Dubai's most accessible price points.

• Unit Types: 1BR and 2BR Apartments

• Starting Price: AED 888,000

• Payment Plan: 70/30 with 20% Booking and 1% Monthly Instalments

• Handover: May 2028 to Q2 2029 (by Cluster)

• Master Community: DAMAC Riverside, 250 Plus Acres, 8 Themed Clusters, 4,000 Plus Units

• Unique Concept: Water Vein and Green Vein Community Design Around Artificial River

• Signature Amenities: Essential Oil Lakes, Floating Opera, Hydroponic Farm, Malibu Cove, Peace Rooms, Portofino Restaurant

• Location: Dubai Investment Park 2, 15 Minutes from Expo City and Al Maktoum Airport

• Launch Event: Coca-Cola Arena, 29 January 2025, Shah Rukh Khan in Attendance

• Developer: DAMAC Properties, 48,000 Plus Homes Delivered, Listed on Dubai Financial Market

• One of Dubai's most distinctive wellness lifestyle communities, with essential oil lakes, floating opera, hydroponic farm, Peace Rooms and Malibu Cove found nowhere else in the city

• Entry from AED 888,000 for a waterfront wellness apartment, one of the most accessible branded community entry points in Dubai

• 15 minutes from Al Maktoum International Airport, set to become the world's largest airport with 260 million passengers annually

• 10 to 15 minutes from Expo City Dubai, a permanent innovation, business and residential destination

• DIP corridor gross rental yields of 6% to 8% with wellness positioning for premium rates above standard product

• DIP corridor properties appreciated 15 to 20% annually with Al Maktoum Airport as the primary long-term catalyst

• 8 uniquely themed waterfront clusters across 250 Plus acres, with 4,000 Plus units ensuring strong secondary market liquidity

• 70/30 plan with 20% on booking and 1% monthly instalments, 30% at May 2028 to Q2 2029 handover by cluster

• AED 750K Plus qualifies for UAE 2-Year Property Investor Visa, AED 2M Plus for UAE 10-Year Golden Visa

• DAMAC Properties, listed on Dubai Financial Market, 48,000 plus homes delivered, DAMAC's first launch of 2025

• Freehold ownership, 100% foreign ownership permitted, zero income tax and zero capital gains tax

• Located in Dubai Investment Park 2 (DIP 2), Near Junction of Sheikh Zayed Bin Hamdan Al Nahyan Street and Jebel Ali Al Hibab Road

• Emirates Road (E611) Within 5 Minutes

• Sheikh Mohammed Bin Zayed Road (E311) Within 10 Minutes

• Expo City Dubai Within 10 to 15 Minutes Drive

• Al Maktoum International Airport (DWC) Within 15 Minutes Drive

• Trump International Golf Club Dubai Within 15 Minutes Drive

• Global Village Within 16 Minutes Drive

• Dubai Outlet Mall Within 19 Minutes Drive

• DAMAC Mall Within 20 Minutes Drive

• Dubai Sports City Within 15 Minutes Drive

• Palm Jumeirah Within 30 Minutes Drive

• Downtown Dubai and Burj Khalifa Within 30 to 35 Minutes Drive

• Dubai International Airport (DXB) Within 35 Minutes Drive

DAMAC Riverside Views features one of the most distinctive and immersive amenity programmes of any residential community in Dubai, centred around an artificial river ecosystem with Water Vein and Green Vein zones, delivering a wellness-first lifestyle inspired by the world's most iconic river cities.

• Central Artificial River as Community Centrepiece with Water Vein and Green Vein Zones

• Malibu Cove Beach and Water Leisure Area

• Floating Island Restaurant for Waterfront Dining

• Portofino Italian Restaurant

• Zen Spa with Full Treatment Facilities

• Essential Oil Lakes for Aromatherapy and Sensory Wellness

• Hydroponic Farm Providing Residents with Fresh Greens Daily

• Floating Opera for Cultural and Entertainment Events

• Opal Chess Haven, Floating Chess Stage

• Peace Rooms Designed to Encourage Mindfulness and Creativity

• Fitness Facilities by the Water Including Calisthenic Stations

• Yoga and Meditation Studios

• Indoor and Outdoor Swimming Pools

• Running and Cycling Tracks Along Riverside Promenade

• Tennis and Squash Courts

• Outdoor Cinema

• Amphitheatre for Events

• Kidz Adventure Land for Children

• Games Zone and Social Lounge Areas

• Riverside Promenade for Scenic Walks

• Landscaped Gardens and Green Parklands

• Clubhouse with Retail Outlets

• 24/7 Security Across the Community

• Covered Parking per Unit

• 1BR Apartment - Size: 786 Sqft (73 Sq. M), G+8 to G+14 Floors, 1 Bedroom, 1-2 Bathrooms, Parking: 1 Space, River or Community Views, Price AED 888,000

• 2BR Apartment - Size: 1,023 Sqft (95 Sq. M), G+8 to G+14 Floors, 2 Bedrooms, 2-3 Bathrooms, Parking: 1 Space, River or Community Views, Price AED 1,420,000

• Payment Plan: 70/30

• On Booking: 20%

• During Construction: 50% in staged 1% monthly instalments

• On Handover: 30% (May 2028 to Q2 2029, Varies by Cluster)

Market Snapshot

• Dubai apartment prices rose 19.2% year-on-year in 2024 with the Dubai Investment Park and Dubai South corridor recording strong transaction growth

• DAMAC Riverside Views launched at the Coca-Cola Arena on 29 January 2025 to extraordinary market demand, DAMAC's first launch of 2025

• Dubai Investment Park 2 is strategically positioned between Expo City Dubai and Al Maktoum International Airport, two of Dubai's most significant long-term demand catalysts

• DAMAC Properties has delivered 48,000 plus homes globally since 2002 and is listed on the Dubai Financial Market, providing highest-tier delivery confidence

• 4,000 Plus units across 8 clusters provides strong secondary market liquidity with diverse buyer and renter appeal

• Entry from AED 888,000 for a waterfront wellness-community apartment positions Riverside Views as one of the most accessible branded waterfront entry points in Dubai

Rental Yield

• Dubai Investment Park and surrounding corridors tracking gross rental yields of 6% to 8% as of Q1 2026

• 1BR at AED 888K estimated gross annual rental income of AED 53,280 to AED 71,040 at 6% to 8% yield

• 2BR at AED 1.42M estimated gross annual rental income of AED 85,200 to AED 113,600 at 6% to 8% yield

• Unique wellness amenities including essential oil lakes, floating opera, hydroponic farm and Peace Rooms position Riverside Views for premium rental demand above standard DIP product

• Corporate and family demand from Expo City Dubai and Al Maktoum Airport ecosystem workers supports strong consistent occupancy

• Monthly instalment of AED 8,880 for a 1BR during construction is lower than typical monthly rental income at handover, making cash flow management straightforward

Capital Appreciation

• Dubai Investment Park corridor properties have appreciated 15 to 20% annually driven by Expo City evolution and Al Maktoum Airport expansion

• Al Maktoum International Airport within 15 minutes is set to become the world's largest airport by 2030 to 2035 with 260 million passengers annually, the single most significant infrastructure catalyst for the DIP corridor

• Expo City Dubai within 10 to 15 minutes continues to evolve as a permanent business, innovation and residential district

• DAMAC Riverside's unique Water Vein and Green Vein concept with 8 themed clusters creates a lifestyle address that outperforms standard DIP apartments on resale

• Early buyers entering at AED 888K benefit from appreciation across the construction period through to May 2028 handover

• DAMAC brand premium adds 10 to 15% resale value above comparable non-DAMAC product in the same corridor

Price Per Sqft Value

• At AED 888,000 for a 786 sqft 1BR in a waterfront wellness community with 25 Plus world-class amenities, entry pricing per sqft is among the most competitive in Dubai

• 70/30 plan with 20% booking and 30% at handover, spread across 1% monthly instalments during construction

• Monthly instalment of approximately AED 8,880 for 1BR is highly manageable and lower than rental income expected post-handover

• DAMAC's listed developer status and track record ensures strong UAE bank mortgage approval confidence at handover

Key Risk to Note

• 30% at handover (May 2028 to Q2 2029 by cluster) requires mortgage pre-planning from mid-2026 for May 2028 clusters

• UAE residents access up to 80% LTV mortgages, non-residents up to 50% LTV

• UAE banks offer off-plan pre-approval up to 24 months in advance of handover

• Dubai Investment Park retail and lifestyle options outside the community are still developing and will mature over 2 to 3 more years

• A minimum 2 to 4 year hold post-handover recommended for optimal capital appreciation

Q1. What makes DAMAC Riverside Views unique in Dubai?

Riverside Views is built around a central artificial river with a Water Vein and Green Vein community design, offering amenities found nowhere else in Dubai including essential oil lakes for aromatherapy, a floating opera, a floating chess stage, a hydroponic farm providing fresh greens daily, Peace Rooms for mindfulness, Malibu Cove, Portofino Italian Restaurant, and a Zen Spa. Launched with Shah Rukh Khan at the Coca-Cola Arena, it is DAMAC's most distinctive wellness lifestyle community to date.

Q2. How do I handle the 30% payment at handover?

Start mortgage pre-approval 18 to 24 months before your selected cluster's handover date. UAE residents access up to 80% LTV, non-residents up to 50% LTV. The 1% monthly instalments during construction keep cash flow manageable, and DAMAC's listed developer status supports smooth UAE bank approval at handover.

Q3. Will property values appreciate?

Yes. The DIP corridor appreciated 15 to 20% annually driven by Expo City and Al Maktoum Airport proximity. Al Maktoum becoming the world's largest airport within 15 minutes is the single biggest upcoming catalyst. DAMAC Riverside's unique concept delivers a 10 to 15% brand and lifestyle premium above standard DIP product on resale.

Q4. What rental income can I expect after handover?

DIP corridor gross yields track 6% to 8% as of Q1 2026. On a 1BR at AED 888K that is approximately AED 53,280 to AED 71,040 annually. Essential oil lakes, floating opera, hydroponic farm and Malibu Cove position Riverside Views for premium rental rates above standard DIP apartments, with strong corporate demand from Expo City and Al Maktoum Airport workers.

Q5. Who is DAMAC Properties?

DAMAC Properties is one of Dubai's largest and most recognised luxury developers, founded in 2002 and listed on the Dubai Financial Market. With 48,000 plus homes delivered globally, DAMAC has delivered iconic lifestyle communities including DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons, DAMAC Sun City and now DAMAC Riverside. Riverside Views was DAMAC's first launch of 2025, reflecting the developer's continued leadership in Dubai's off-plan market.