DAMAC Riverside
- AVA001105DAMAC Riverside, Dubai Investment Park (DIP), Dubai, United Arab Emirates
DAMAC Riverside
- AVA001105DAMAC Riverside, Dubai Investment Park (DIP), Dubai, United Arab Emirates
DAMAC Riverside is a master-planned waterfront community by DAMAC Properties, located in Dubai Investment Park 2 (DIP) with easy access to key roads, major highways and Al Maktoum International Airport. Marketed as 'Life by Nature' and Dubai's first riverside community, it is designed around health, wellness and social connection. The residences are 4 and 5 bedroom townhouses and villas of naturally modern architecture, arranged across three clusters - Ivy, Lush and Sage - each offering Back, Park and Water facing plots. The 4 bedroom townhouses have a total sellable area of approximately 2,297 sq.ft (THRS-M2 middle unit) to 2,420 sq.ft (THRS-M1 middle unit), and the 5 bedroom townhouses (THRS-E end unit) approximately 3,407 sq.ft, each set on private plots. Interiors seamlessly blend natural elements with modern aesthetics - warm wooden tones, contemporary tiling and expansive windows framing verdant greens. The community delivers an extensive amenity programme split into a wellness-focused Green Vein (zen spa, essential oils lake, peace rooms, hydroponic farms, calisthenics stations, BBQ and culinary classes) and a dining-and-leisure Blue Vein (floating opera, floating cinema, Portofino restaurant, island restaurant, Malibu Cove, kidz adventure land, games zone, amphitheatre, floating sports, splash climbing and a proposal deck). A launch 75/25 payment plan is offered with anticipated completion in December 2027 (Q4 2027).
Property Details
- Micro-market
- Dubai Investment Park
- Configuration
- Villa
- Property Type
- Villa
- Built-up Area
- 2,297 sq ft
- Status
- Under Construction
Project Timeline
Key milestones for this project, updated as the developer confirms them.
Project announcement
Booking Started
Construction Started
Expected Completion
To be announced soon
Available Properties
Project variants for under-construction developments - unit types, sizes, starting prices and possession dates.
Inventory Type
| Variant | Size | Starting Price | Possession | CTA |
|---|---|---|---|---|
| 4 BHK | - | ₹5.18 Cr | Under Construction | |
| 5 BHK | - | ₹8.27 Cr | Under Construction |
Amenities
Indoor
- Zen Spa
- Peace Rooms
- Culinary Classes
- Clubhouse
- Games Zone
Outdoor
- Essential Oils Lake
- Hydroponic Farms
- Calisthenics Stations
- BBQ Stations
- Malibu Cove
- Floating Opera
- Floating Cinema
- Floating Sports
- Splash Climbing
- Proposal Deck
- Kidz Adventure Land
- Amphitheatre
- Landscaped Greens
Other
- Portofino Restaurant
- Island Restaurant
Property Information
- Community: DAMAC Riverside, Dubai Investment Park (DIP), Dubai
- Project Name: DAMAC Riverside
- Listing Price: ₹5.18 Cr
- List Date: Sep 16, 2026
- Listing ID: AVA001105
- Status: Under Construction
- Construction Type: Waterfront townhouse/villa community (4BR & 5BR townhouses; Ivy/Lush/Sage clusters)
- Security: 24/7 security
Legal Information
Indicative legal & tax information based on available documents; verify with your lawyer before transacting.
- RERA Applicable
- Yes
- Occupancy Certificate
- No
- Authority
- Dubai Land Department (RERA)
- Fire NOC
- No
Can you own this, and how?
Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.
I am buying as:
- Status
- Permitted, freehold anywhere in Dubai
- What you actually hold
- You hold freehold title registered with the Dubai Land Department. There is no area restriction on where you may own.
- Key rules and restrictions
- GCC nationals are treated on the same footing as UAE nationals for ownership purposes.
- A company owned wholly by GCC nationals gets the same treatment.
- Some master communities impose their own transfer conditions through the developer.
- Funds and process
- Pay through UAE banking channels. The transfer completes at a Dubai Land Department trustee office where the title deed is issued on the day.
- Taxes
- The Dubai Land Department transfer fee is 4% of the price, split 2% each in law but paid in full by the buyer in most deals, plus a trustee office fee and a title deed issuance fee. There is no annual property tax and no capital gains tax in the UAE.
- Verify before you buy
- Get a title deed copy and check it against the Dubai REST app.
- Ask for the developer no-objection certificate confirming service charges are clear.
Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in the UAE before you commit.
Investment Information
- Type: Off-plan DAMAC waterfront townhouse community (DIP). Priced from cluster price lists: 4BR TH 1,988,000 (headline; ~AED 865/sqft) / 5BR TH 3,176,000. Handover Q4 2027. NOTE cluster lists are LOWER than the PropertyFinder CSV range (3.63M) - cluster minima authoritative. 4% DLD, 0% property tax
- Property Tax Jurisdiction: UAE - 0% property tax on residential
About the developer
DAMAC Properties is a Dubai-headquartered residential developer founded in 2002 by Hussain Sajwani, and one of the largest private developers in the UAE. It builds master communities and towers in Dubai and internationally, and is known for fashion-branded residences developed with houses such as Versace and Cavalli. The company was previously listed on the Dubai Financial Market and is now privately held by the Sajwani family.
Location
DAMAC Riverside, Dubai Investment Park (DIP), Dubai, United Arab Emirates
- Airport: Al Maktoum International Airport - 19 km
- Highway: Emirates Road Highway - 4 km
- Hospital: Prime Medical Centre - 10 km
- Grocery: Local Supermarkets - 1-3 km
- Tourist Hub: Expo City Dubai
Nearby Attractions
Fine-grained ratings and travel times for popular spots nearby.
| Rating | Attraction | Type | Best Time to Visit | Distance |
|---|---|---|---|---|
| 10 / 10 | Expo City Dubai | Exhibition Centre | Evenings and weekends | 3.5 km |
| - | The Market at DIP | Shopping | - | - |
| - | Dubai Lagoon | Leisure | - | 2.5 km |
| - | Jebel Ali Village | Cultural | - | 11 km |
| - | Dubai Miracle Garden | Leisure | November to May | 11 km |
Ownership economics
Will this home pay for itself?
1Buy
What you pay to own it.
2Earn
What it brings in as a holiday rental.
3Grow
What it could be worth.
Social Infrastructure
Key education, healthcare, and dining amenities near this property.