DAMAC Properties is bringing a large townhouse community to Dubai Investments Park. Called DAMAC Riverside, it features a collection of 4-5 bedroom townhouses inspired by Rome, Paris, London, Amsterdam and New York. At the end of 2024, the developer announced a new phase of the project with 1-2 bedroom apartments.
IN A NUTSHELL
AED 1,9M
STARTING PRICE
Easy 70/30
PAYMENT PLAN
Update soon
HANDOVER
DAMAC Properties is bringing a large townhouse community to Dubai Investments Park. Called DAMAC Riverside, it features a collection of 4-5 bedroom townhouses inspired by Rome, Paris, London, Amsterdam and New York. At the end of 2024, the developer announced a new phase of the project with 1-2 bedroom apartments.
DAMAC Riverside by DAMAC Properties
Situated in Dubai Investments Park, DAMAC Riverside is a large-scale residential community by DAMAC Properties. As of May 2024, there are a total of 1,900 townhouses with 4-5 bedrooms available for purchase. The architectural design of the residences is inspired by the world’s top cities, and include Rome, Paris, London, New York and Amsterdam.
The area of the units ranges from 2,297 sq. ft to 3,407 sq. ft over two or three storeys. The layouts include a storage area, laundry room, garage and balconies. Additionally, 5-bedroom units feature a terrace and maid’s room.
At the end of 2024, the developer announced a new phase of the project with 1-2 bedroom apartments.
DAMAC Riverside boasts outstanding infrastructure, with a variety of recreational amenities spanning across two zones: Water Vein and Green Vein. The Water Vein is designed with leisure and water sport in mind. Here you will find aquatic fitness areas, splash climbing, essential oil lakes, a floating opera and cinema, along with two restaurants – Portofino Ristorante and Island Restaurant. You can even propose to your loved one on the beautiful floating proposal deck for a truly romantic experience.
At the same time, the Green Vein offers unique opportunities for sport and leisure along with functional spaces for work and personal development. Residents will enjoy such offerings as culinary classes, hydroponic farms, a zen spa, BBQ & live cooking stations, a callisthenics zone, peace and meditation rooms, an amphitheatre and a children’s adventure land. There are also many amenities available in the clubhouse with its gym, co-working space, bowling alley, arcade and outdoor cinema.
DAMAC Riverside is located near the junction of Sheikh Zayed Bin Hamdan Al Nahyan St and Yalais St/Jebel Ali-Al Hibab Rd, which make commuting around the city easy. For instance, the trip to Al Maktoum International Airport and Palm Jumeirah takes under 30 minutes.
Within walking distance of DAMAC Riverside are Al Maya Supermarket, Aster Pharmacy 2 DIP and Fida Al Madina Hypermarket. Also nearby is Nibras International School Dubai, which offers American Curriculum for students from Kindergarten to Grade 12.
Families with children will particularly be interested in living here, as it will take only 10 minutes by car to reach prestigious academic and healthcare facilities. Among them are Greenfield International School, The International School of Choueifat – Dubai Investments Park and NMC Royal Hospital DIP.
This community is also a great option for those who want to live close to their workplace in Expo City Dubai. DAMAC Riverside is nestled about a 15-minute drive away from Expo City Dubai, which houses offices of local and global businesses, along with organisations and educational institutions such as Siemens Energy, Emirates Airlines, Fingulf, Terminus Group and more.
If you wish to rent your property out, you can get a glimpse of the investment potential of real estate in DAMAC Riverside by taking a look at the indicators of neighbouring Al Furjan. As of May 2024, a 4-bedroom townhouse generates an ROI of 4.9%, with annual rents starting from AED 170K (USD 46K). Therefore, you can expect to generate passive rental income which will increase alongside the development of the community.
When investing in DAMAC Riverside, you will be able to apply for a 2-year residency visa. If the purchase sum is AED 2M (USD 545K) or more, you become eligible for a coveted 10-year Golden Visa. Both of these residencies cover your family, whilst the Golden visa also provides sponsorship of domestic staff.
Exteriors
Exteriors
4-Bedroom
5-Bedroom
4-Bedroom Townhouse
5-Bedroom Townhouse
4-Bedroom Townhouse
5-Bedroom Townhouse
Frequently Asked
Questions & Answers
Where is DAMAC Riverside located?
DAMAC Riverside is located in DIP.
What property types are available at DAMAC Riverside?
There are 1-2 bedroom apartments and 4-5 bedroom townhouses on offer.
Is DAMAC Riverside a good investment?
Yes. If you wish to rent your property out, you can get a glimpse of the investment potential of real estate in DAMAC Riverside, by taking a look at the indicators of the neighbouring Al Furjan. As of December 2024, a 1-bedroom apartment generates an ROI of 5.5%, with annual rents starting from AED 50K (USD 13.6K). Therefore, you can expect to generate passive rental income, which will increase alongside the development of the community.
How much does property in DAMAC Riverside cost?
As of Q2 2024, the starting price for a townhouse in DAMAC Riverside is AED 1.9M (USD 517K). For this type of property, there is a 70/30 payment plan available. The starting price for an apartment is AED 900K (USD 245K).
What schools are close to DAMAC Riverside?
Greenfield International School and The International School of Choueifat – Dubai Investments Park are the schools closest to the development.
What amenities will I find in DAMAC Riverside?
DAMAC Riverside boasts outstanding infrastructure, with a wide and unique variety of recreational amenities spanning across two zones: the Water Vein and Green Vein. The Water Vein is focused on water sport and leisure and has aquatic fitness spaces, floating sports, splash climbing, proposal deck, essential oil lakes, a floating opera and a floating cinema along with two restaurants – Portofino Ristorante and Island Restaurant, Green Vein offerings encompass culinary classes, hydroponic farms, a zen spa, BBQ & live cooking stations, a callisthenics space, meditation rooms, an amphitheatre and a children’s adventure land. The clubhouse also has many premium amenities such as a co-working space, gym, outdoor cinema, arcade and bowling alley.
What is the transport accessibility of DAMAC Riverside?
DAMAC Riverside is located near the junction of Sheikh Zayed Bin Hamdan Al Nahyan St and Yalais St/Jebel Ali-Al Hibab Rd, providing good access to key areas of the city. For instance, the trip to Al Maktoum International Airport and Palm Jumeirah takes under 30 minutes.
Is DAMAC Riverside popular among families?
Yes. The community will be of interest to families with children, as it will take about 10 minutes by car to reach prestigious academic and healthcare facilities.
Zero spam. Unsubscribe at any time
Be the first to hear about new off-plan projects and get access to VIP pre-launch bookings with special offers from the developers
Being qualified property experts with years of experience, we realize how confusing Dubai’s off-plan property market could be for new buyers, as well as for professional investors. Especially when there are thousands of off-plan properties in Dubai.
You won’t need to look through countless listings on other the UAE's property websites. We have gathered all available information about off-plan property in one place and created a short quiz for you to find your perfect home in less than two minutes. Follow simple steps on the screen to get your personal selection of projects that meet all your requirements.
It takes less than 2 minutes
Yulia Berezhnaya
Senior Sales Advisor
of Metropolitan Premium Properties
+971 58 648 8888
Office 1913, Al Manara Tower
Business Bay, Dubai, UAE
© 2024