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in a nutshell

Located in Dubai Investments Park, Riverside by Damac is an urban luxury property with a prime location. The developer of this project is Damac Properties, which is well-known for developing world-class communities. The developments here comprise 4 and 5-bedroom townhouses and villas. The architectural inspirations for developing this community are taken from global cities such as Rome, Paris, and London, which promise lavish living in one of the sought-after neighborhoods of Dubai.

Riverside by DAMAC Properties

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At Damac Riverside, the Riverside by Damac project was developed with a thoughtful concept that took inspiration from cities such as New York and Amsterdam. It offers 4 and 5-bedroom townhouses and villas. The property there comes in sizes of 2,297 square feet and up to 3,407 square feet with spacious layout halls, including a private garage, balconies, and, for bigger units, a private terrace and maid's room. No matter if it's a family or an investor, Riverside blends functional space with timeless elegance in each property.

Riverside Dubai is not only a home; it is also a whole lifestyle. There are two thematic zones that differentiate the "Water Vein" and the "Green Vein," offering something for every family member. For those who prefer something different, the Water Vein offers unparalleled aquatic experiences such as fitness areas, essential oil lakes, and a floating opera. Residents will also have access to culinary options, such as waterfront dining at Portofino Ristorante and Island Restaurant.

The Green Vein offer residents a community to experience a vast number of activities, ranging from a zen garden and culinary schools to hydroponic farms and meditation rooms. Childrens can enjoy in dedicated kid’s adventure land, and fitness enthusiasts can have access to a callisthenics zone, a well-equipped gym, and outdoor sport facilities.

Moreover, there will be large outside recreational facilities, exclusive club houses consisting of a co-working space, bowling alley, arcade, and outdoor cinema. So, whether you are looking to relax, work, or have fun, Riverside at Damac Riverside is the epitome of every dimension of modern life, making it one of the most admired addresses in Dubai.

About Location
Dubai Investments Park in Dubai

Riverside by Damac is located at Dubai Investments Park and is easily connected to most areas of Dubai. Strategically located alongside Sheikh Zayed Bin Hamdan Al Nahyan Street and Jebel Ali-Al Hibab Road, the development provides unbeatable access to different places, such as Al Maktoum International Airport and Palm Jumeirah, which are less than 30 minutes away. Proximity to essential services in Al Maya Supermarket, Aster Pharmacy, and top educational institutions like Greenfield International School makes it an ideal location for families.

Riverside Dubai is strategically positioned next to NMC Royal Hospital and numerous international schools, making it a perfect place for families with kids. Its proximity to Expo City Dubai has many strategic advantages for families with professionals working in this fast-emerging business capital. It will be within an easy commuting distance from the top-tier companies and organizations located a mere 15-minute drive away.

Dubai residency visa schemes are also available for investors in Damac Riverside. As long as the investor has an investment of AED 2 million and above, they can get a golden visa for 10 years, including their family and domestic staff. Investors with an investment below AED 2 million can get a 2 year residency visa, offering a layer of benefits for buying property here.

Riverside Dubai is not only a luxury home but also a sound investment. It sits close to major roads and hubs, including Expo City, which further elevates the value of the property. Other similar properties, such as Al Furjan, have already shown returns at a real point of 4.9% for 4-bedroom townhouses. This project is surely a safe bet for those who want to invest in generating passive income returns through renting the property at Riverside at Damac.

Floor Plans of Riverside

4-Bedroom villa

Total

2297 sqft

4-Bedroom townhouse

Total

2420 sqft

5-Bedroom villa

Total

3407 sqft

5-Bedroom townhouse

Total

3407 sqft

You do not need to pay the full price upfront

01.

5%

Downpayment

02.

70%

During construction

03.

25%

On handover

Frequently Asked Questions & Answers

According to Mercer’s survey 2024 Cost of Living City Ranking, Dubai still ranks in 15th position making it one of the appealing choices for real estate investors or buyers. According to the ideal estimation, the average cost of living in Dubai for an individual is between AED 5K to AED 5.5k monthly. Further, with a family of an average of four persons, one has to pay around AED 17K a month.

As a resident of UAE, you have to renew your driving license every 5 years. However, being a UAE or GCC national will increase this duration of renewal to 10 years. The process of license renewal is exceptionally easy as you can do this online via the RTA website, RTA smart App, Dubai Driving App or through self-service machines at any of the available Customer Happiness Centres. Additionally, it is significant for you to settle any of the traffic fines before the renewal. Besides, if you are under 21 you only need a valid Emirates ID. On the other hand, individuals above 21 age have to show an eye test certificate. The fee amount of this is AED 120 (USD 32) for customers younger than 21 and AED 320 (USD 87) for the driver above the age of 21. After applying for renewal you will get a temporary driving license. The time it will take for the renewal is between 5-15 days

You can sell your property in Dubai in just seven simple steps; Selecting a reputable real estate agent or agency, filling out forms A and B, Advertising your property for sale, setting the right price, signing Form F, Obtaining NOC, and finally transferring Ownership. These steps may vary, therefore, it is significant to take a property guide before selling your property asset.

There are various reasons why it is highly positive to invest in real estate in Dubai. One of the major reasons that make Dubai real estate attractive is the comparatively low prices of Emirates than Europe, America and Asia. Furthermore, investment in Dubai real estate is one of the major reasons in terms of reducing inflation. This is because there is a direct relation between the economic indicators and the demand for real estate. Another benefit of investing in Dubai real estate is a 3-year investor visa which you can obtain after purchasing ready-to-move property for a minimum amount of AED 750K (USH 205K), or a 5-year investor visa on opting for a ready-to-move residence for the initial cost of AED 2M (USD 545K). As a visa holder, you can bring your spouse and children to the UAE conveniently. Finally, the rental property in Dubai can generate an upto-staggering ROI of 8-10%, which is exceptionally impressive.

Many individuals wonder if foreigners can invest or buy property in Dubai and whether it can be considered a good long-term investment. The answer is yes, non-resident investors, expats, and foreign nationals in Dubai can own property on a freehold basis. This simply means that individuals can lease, buy or sell their property. Besides foreigners can buy property in Dubai for various lengths of time including freehold property, leasehold for up to 99 years or common hold with no age restrictions.

Dubai real estate is dynamic as well as comes in various price ranges from affordable property options to luxury real estate. The price of the residence is generally influenced by the location. On the other hand, the least expensive areas to buy apartments in the Emirates include Dubai Production City and International City. On the other hand, a few of the districts including NASHAMA Town Square and Serena offer low-cost exquisite living.

Dubai real estate offers plenty of property options, which you can opt for on an affordable budget. As of 2024, a few of the top affordable communities to invest in for beginners are Jumeirah Village Circle (JVC), International City, Dubai South and Dubai Investment Park.

In the bustling metropolis of Dubai, a shining Emirates of the UAE residents are allowed to buy properties in the designated freehold areas, Off-plan development, is highly appealing as their prices are exceptionally low and the developers offer attractive payment plans.

If you are a foreigner, you can acquire freehold ownership without any restriction whether it is a freehold property contract, off-plan property or a lease up to 99 years with no Visa required. Besides this, primarily you have two choices to invest in Dubai real estate either to invest in off-plan property or ready-to-move property.

The start with, the investment property market of Dubai offers high rental yields as compared to other stable real estate markets the ROI in Dubai is much higher that is up to 10% making it one of the highly appealing locations to invest. Additionally, the residences have world-class infrastructure, you can experience high-end living and economic stability all at once.

Off-plan properties in Dubai are the development projects that are under construction. In recent times, the interest of buyers in off-plan properties in Dubai has drastically increased. As per the news report by Arabia Business, in 2024 in July off-plan properties in Dubai, these properties accounted for 60% of property transactions which is a 49% increase from the previous year of 2023.

The process of buying an off-plan property in Dubai is exceptionally easy. As Dubai's real estate market is open for any of the buyers, the only things you will require are a Visa/Emirates ID and a passport copy.

Obtaining citizenship in the United Arab Emirates is easy and does not require a complex process. There are various neutralization methods including residency, marriage, merit, investment, Arabic proficiency and good reputation.

Purchasing a property in Dubai will grant you numerous positive outcomes from high rental yields of up to 10%, to unmatched amenities from exclusive and strategic locations to attractive opportunities to invest.

As the rule of residence, was implemented in 2019 that is UAE’s Golden Visa system offers long-term residence visas. This visa is automatically renewed on the condition that all the rules are adhered to. This visa is issued for the duration of 5 or 10 years.

Although the minimum investment amount required in Dubai depends on various factors the range may start from a few thousand AED to millions of AED. However, on average or according to the rough estimate the minimum investment amount in Dubai ranges from AED 10K to AED 50K.

Got Confused? Complete A Quiz & Get The Best Offers

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.

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Our Expert Will Help You
Buy The Best Property in Dubai

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Mohamad Zeaiter

Senior Property Advisor

of Property Sales

Dubai, UAE Building 1 Office #103 Bay Square