--- title: "DAMAC Riverside by DAMAC Properties" canonical: https://www.uaepropertyagents.com/dubai/dubai-investments-park/damac-riverside markdown: https://www.uaepropertyagents.com/md/dubai/dubai-investments-park/damac-riverside.md type: development description: "DAMAC's townhouse community set along a man-made river in Dubai Investments Park 2. Five-bedroom townhouses listed from AED 4,337,000 in November 2026, with handover shown as Q2 2028." last_verified: 2026-11-13 sources: 5 publisher: "UAE Property Agents (Omnia)" language: en-GB usage: "You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting." --- # DAMAC Riverside by DAMAC Properties > DAMAC's townhouse community set along a man-made river in Dubai Investments Park 2. Five-bedroom townhouses listed from AED 4,337,000 in November 2026, with handover shown as Q2 2028. Facts last verified 13 November 2026 against the sources listed at the end. ## Key facts | Fact | Value | | --- | --- | | Developer | [DAMAC Properties](https://www.uaepropertyagents.com/developers/damac) | | Location | [Dubai Investments Park](https://www.uaepropertyagents.com/dubai/dubai-investments-park) (DAMAC Riverside), Dubai | | Status | under construction | | Developer's handover target | Q2 2028 | | Sales launched | 2024-05 | | Tenure | freehold | | Price | From AED 4,337,000 to AED 4,485,000 (published figure, 13 November 2026) | | Average price per sq ft | AED 1,273 | | Home types | 5-bedroom townhouses | | Total units | 1902 | | Golden Visa value test | Some homes are priced at or above AED 2,000,000 | ## Overview DAMAC Riverside is a community that [DAMAC](https://www.uaepropertyagents.com/developers/damac) is building in DIP 2, the newer residential part of [Dubai Investments Park](https://www.uaepropertyagents.com/dubai/dubai-investments-park) in south-west Dubai. DAMAC describes it as the city's first riverside community: a 10 million sq ft master plan with 1,902 villas and townhouses and 4,490 apartments, laid out along a man-made river with a lagoon beach, floating sports, an island restaurant and a stage on the water. This page covers the townhouses; the apartments are sold separately as DAMAC Riverside Views. DAMAC records the launch as May 2024, and Property Finder records construction starting the same month. On 13 November 2026 DAMAC's website listed nine five-bedroom homes in the Olive cluster, all of one 3,407 sq ft layout, priced from AED 4,337,000 to AED 4,485,000. These are the units on offer in November 2026, not the full range. DAMAC's card calls them villas, but its FAQ describes the homes here as four- and five-bedroom townhouses, so we list them as townhouses. No four-bedroom homes were offered online that day. Property Finder quotes four-bedroom homes from AED 3.6 million and five-bedroom homes from AED 4.1 million, which we treat as launch figures. DAMAC's plan PP-648073 (November 2026) for these homes asks for 24% immediately, then 55% in 15 instalments from month 3 to month 17 after purchase, and 25% on completion. The schedule totals 104% because the immediate payment includes the 4% DLD registration fee, so the developer's own split is 20% on booking, 55% during construction and 25% on completion. That is a fast schedule: most of the price is paid within about a year and a half of purchase. On timing the sources differ. DAMAC's unit card gives handover in the second quarter of 2028, while Property Finder gives the fourth quarter of 2027. Property Finder also showed several other Riverside phases, including Riverside Phase 2, Lush and IVY, as sold out on 13 November 2026, while DAMAC still listed the Olive homes. Who it suits: families who want a five-bedroom home with a short wait, close to Al Maktoum International Airport. What to weigh: a heavy payment load in the first 17 months, a location inside a mixed industrial and residential park, and a single layout on offer. DAMAC's FAQ puts South View School Dubai about 9 minutes away by car, Al Maktoum International Airport about 12 minutes and Dubai Marina Mall about 22 minutes. ## Unit types and prices | Unit type | Price from | Price to | Size | Bathrooms | Availability | | --- | --- | --- | --- | --- | --- | | 5-bedroom townhouses | AED 4,337,000 | AED 4,485,000 | 3,407 sq ft | | available | Prices are published starting prices from the developer or Property Finder, as each type's note says, checked 13 November 2026. ## Payment plans ### 20/55/25 - Booking deposit: 20% (On booking) - During construction: 55% (15 instalments from month 3 to month 17 after purchase) - On completion: 25% (Q2 2028) Paid before handover: 75%. DAMAC plan PP-648073 (November 2026), published for 5-bedroom townhouses in the Olive cluster. DAMAC's schedule shows 24% due immediately; the instalments total 104% of the price, so this includes the 4% DLD registration fee. ## What works - Five-bedroom townhouses of about 3,400 sq ft with handover shown for the second quarter of 2028. - A master plan built around a man-made river, with a lagoon beach, water sports and an island restaurant. - Al Maktoum International Airport is about 12 minutes away by car on DAMAC's figures. - Only 25% of the price is left for completion. ## What to weigh - 75% of the price, plus the DLD fee, is due within about 17 months of purchase. - DAMAC's card gives Q2 2028 while Property Finder gives Q4 2027; confirm the contractual date. - Dubai Investments Park mixes industrial and residential land; check what surrounds your cluster. - Only one five-bedroom layout was offered online, and no four-bedroom homes. - The community is planned for more than 6,000 homes in total, so expect a large volume of similar stock at completion. ## Location In DIP 2, the residential part of Dubai Investments Park in south-west Dubai. Drive times are DAMAC's approximate figures. - South View School Dubai: about 9 minutes - American Hospital Mira Clinic: about 12 minutes - Al Maktoum International Airport: about 12 minutes - Fairgreen International School: about 13 minutes - Ranches Primary School: about 13 minutes - DAMAC Mall: about 14 minutes - NMC Speciality Hospital: about 14 minutes - City Centre Me'aisem: about 18 minutes - Ibn Battuta Mall: about 19 minutes - Dubai Marina Mall: about 22 minutes ## Amenities - Malibu Cove beach - Essential oils lake - Peace room - Floating sports - Calisthenics stations - Cooking stations - Island restaurant - Adventure land - Floating stage ## Questions and answers ### What is the starting price at DAMAC Riverside? On 13 November 2026 DAMAC listed five-bedroom townhouses of 3,407 sq ft from AED 4,337,000 to AED 4,485,000. No four-bedroom homes were listed online that day. ### When is DAMAC Riverside due for handover? DAMAC's unit card gives the second quarter of 2028. Property Finder gives the fourth quarter of 2027, so confirm the contractual date in the sale and purchase agreement. ### What is the payment plan? DAMAC's plan PP-648073 (November 2026) asks for 24% immediately, including the 4% DLD registration fee, then 55% in 15 instalments up to month 17 after purchase and 25% on completion. ### How big is DAMAC Riverside? DAMAC gives the master plan 10 million sq ft, with 1,902 villas and townhouses and 4,490 apartments. The apartments are sold as DAMAC Riverside Views. ### Who is the developer of DAMAC Riverside? DAMAC Riverside is being developed by [DAMAC Properties](https://www.uaepropertyagents.com/developers/damac). About DAMAC Properties: Dubai's largest private developer, known for the DAMAC Hills and DAMAC Lagoons villa communities and for fashion- and sport-branded towers. ### Can foreigners buy at DAMAC Riverside? Yes. Dubai Investments Park is a designated area where buyers of any nationality can own freehold property, whether or not they live in the UAE. The purchase is registered with the DLD. ### Does buying at DAMAC Riverside qualify for a Golden Visa? Homes priced at AED 2 million or more can support an application for the UAE's 10-year Golden Visa. At DAMAC Riverside, every unit type starts above that level. Approval is at the authorities' discretion and off-plan purchases have their own conditions: see our [Golden Visa guide](https://www.uaepropertyagents.com/guides/uae-golden-visa-property). ### What fees are payable on top of the price at DAMAC Riverside? The main cost is the DLD transfer fee (4%). On the entry price of AED 4,337,000 that comes to about AED 173,480, plus small administration charges. There is no stamp duty, no annual property tax and no tax on rental income for individuals in the UAE, though your home country may tax you. Our [buying cost calculator](https://www.uaepropertyagents.com/tools/purchase-cost-calculator) itemises it. ## Sources Facts on this page were last checked against these sources on 13 November 2026. - [DAMAC Properties: DAMAC Riverside](https://www.damacproperties.com/en/communities/damac-riverside/projects/damac-riverside/) - [DAMAC Properties: DAMAC Riverside 5-bedroom homes](https://www.damacproperties.com/en/communities/damac-riverside/projects/damac-riverside/properties/5-villa/) - [DAMAC Properties: projects with available inventory](https://www.damacproperties.com/en/search/?type=project&onlyAvailable=true) - [Property Finder: Damac Riverside](https://www.propertyfinder.ae/en/new-projects/damac-properties/damac-riverside) - [Property Finder: Damac Properties new projects (page 5)](https://www.propertyfinder.ae/en/new-projects/dev/damac-properties?page=5) --- Source page: https://www.uaepropertyagents.com/dubai/dubai-investments-park/damac-riverside. Published by UAE Property Agents, Omnia Capital Group. You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting.