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DAMAC Riverside is the newest flagship development by leading Dubai developer DAMAC Properties. Strategically located along a picturesque riverfront, it brings a world-class living experience merging luxury with nature and community.
The Vision Behind DAMAC Riverside
DAMAC Riverside is envisioned as a sanctuary where residents can lead a healthier, more meaningful life. The master plan of DAMAC Riverside focuses on two key aspects – bringing people closer to nature and building stronger communities.
The architecture and amenities are thoughtfully designed around these ideas. There is a dedicated Green Vein zone showcasing sustainable design and wellness amenities. The lively Water Vein zone offers recreational facilities to foster togetherness.
This vision makes DAMAC Riverside more than just another luxury development. It aspires to nurture the mind, body and soul, creating a wholesome living experience.
The Allure of DAMAC Riverside
Luxurious Living Conceptualized To Perfection
DAMAC Riverside features a premium collection of 4 & 5-bedroom villas and townhouses designed for utmost luxury. Meticulous attention is given to every detail, right from the materials used to the amenities provided.
Only premium finishes are employed, including Italian marble floors, designer kitchens, luxury bathroom fixtures and more. The properties have expansive private gardens, allowing residents to enjoy Dubai’s perfect weather.
With just 1,900 units spread over 3-4 clusters, the community provides an exclusive feel avoiding congestion. This adds to the luxury quotient by creating privacy and space to enjoy the lush greenery.
Types of Properties
DAMAC Riverside features luxury 4-bedroom and 5-bedroom townhouses ranging in size from 2,297 to 3,407 square feet. The townhouses come in well-designed layouts, offering spacious and private living along the community’s waterfront.
DAMAC Green Vein also contains exclusive collections of 4-bedroom and 5-bedroom villa plots. It ranges from 1,550 to 2,556 Sq. Ft.
Type (4 bed room units ) | Total Sellable Area (sqft) |
---|---|
Type 1 | 2,420.04 |
Type 2 | 2,297.43 |
Type (5-bedroom units) | Total Sellable Area (sqft) |
---|---|
Type 1 | 3,407.42 |
Breathtaking Waterside Setting
The network enjoys a serene waterside location. The tranquil surroundings offer a chilled escape from Dubai’s busy cityscape. Yet, it gives comfort to being near commercial enterprise districts like Dubai Marina , while avoiding the hustle-bustle. The waterside location strikes the right balance between tranquillity and accessibility.
A Sanctuary Reconnecting Residents with Nature – The Green Vein
The Green Vein is thoughtfully designed to bring residents closer to nature, highlighting eco-conscious architecture and amenities. All structures utilize sustainable principles to reduce environmental impact. There is optimum use of natural ventilation, sunlight and greenery across the zone.
One of the key attractions is the on-site hydroponic farm offering fresh organic produce. Residents can enroll in outdoor culinary classes and learn more about nutrition and organic living. The Green Vein also features a Zen-inspired spa for indulgent treatments along with callisthenics stations.
The peace rooms provide ideal resting spaces to meditate, practice mindfulness or just relax in solitude. All these amenities promote holistic well-being in harmony with nature.
Amenity | Description |
---|---|
Culinary Classes | Outdoor classes using organic ingredients from hydroponic farms to improve cooking skills and healthy food choices. |
BBQ Live | Live cooking stations where private chefs demonstrate culinary skills for BBQ parties. |
Hydroponic Farms | Sustainable farms providing fresh organic greens to promote a healthy lifestyle. |
Zen Spa | A serene retreat offering rejuvenating massages, treatments, and meditation for relaxation. |
Calisthenics Station | Workout stations equipped with TRX training and organic bars for exercise activities. |
Peace Rooms | Dedicated areas promoting healthy sleep patterns and rest zones for productivity. |
Clubhouse | A communal hub for residents to gather, socialize, and enjoy co-working, gym, and more. |
Amphitheater | A natural setting for shows and gatherings to enhance cultural activities |
Building A Vibrant Community – The Water Vein
While the Green Vein nourishes the soul, the lively DAMAC Water Vein boosts resident interaction and forges community bonds. It offers exciting recreational facilities set along the waterfront that you can enjoy with family, friends, and neighbours.
State-of-the-art fitness zones merge functionality with aesthetic beauty for fulfilling workout sessions. The floating sports fields allow residents to play matches against new backdrops daily. Beyond sports and wellness, the Water Vein also provides entertainment options to unwind. There are multiple restaurants to explore exotic cuisines.
The amenities unite people, nurture meaningful relationships, and build a tight-knit community.
Amenity | Description |
---|---|
Portofino Ristorante | An Italian restaurant accessible by boat where residents can enjoy flavors of Italy with scenic waterfront views. |
Fitness On Water | Aquatic fitness facilities for workouts combining innovation, functionality and aesthetics for a comprehensive exercise experience. |
Essential Oil Lakes | Private water bodies infused with essential oils providing aromatherapy and relaxation. |
Proposal Deck | A specially designed floating deck creating memorable moments for marriage proposals with stunning views. |
Floating Opera | A floating stage hosting musicals and operas entertaining the community. |
Floating Cinema | Floating cinemas provide a distinctive mix of movie entertainment against peaceful natural backdrops. |
Island Restaurant | A dining venue located amid natural beauty offering spectacular landscapes and views. |
The Unrivaled Investment Potential of DAMAC Riverside
With its unique concept, luxury offering and waterfront location, DAMAC Riverside promises to be a rewarding investment opportunity.
Strong Rental Yields
Dubai has established itself as one of the top rental markets globally, especially for branded luxury properties by developers like DAMAC . Their projects enjoy strong tenant demand and average occupancy rates of 80-90%.
Industry experts forecast the rental yields for different unit types in DAMAC Riverside as:
Unit Type | Potential Rental Yield |
---|---|
4-bed townhouse | 5-6% |
5-bed townhouse | 7-9% |
The riverside location, developer’s reputation, and community’s luxury amenities ensure excellent tenant demand. DAMAC Riverside is well-positioned to capitalize on Dubai’s buoyant luxury rental market.
For reference, established DAMAC communities like DAMAC Hills have delivered robust rental returns:
Community | Unit Type | Avg. Rental Yield |
---|---|---|
DAMAC Hills | 3-bed villa | 6.38% |
DAMAC Hills | 4-bed villa | 6.45% |
DAMAC Hills | 5-bed villa | 6.79% |
DAMAC Lagoons | 3-bed townhouse | 5.5% |
DAMAC Lagoons | 2-bed apartment | 8.7% |
Capital Appreciation
As a new launch, DAMAC Riverside offers strong potential for capital growth in the long-term as the community matures over the next decade.
DAMAC has an excellent track record of delivering communities like Damac Hills, Damac Lagoons, and others where property values have appreciated considerably post-delivery.
For example, in DAMAC Hills, 3-bed villas have seen their value rise from AED 1.2M at launch in 2013 to AED 2M in 2023 – a 66% increase.
Similarly, townhouses in DAMAC Lagoons have appreciated from their launch price.
Backed by DAMAC’s reputation for concepts like the Green Vein and Water Vein, Riverside will likely develop a premium community status over the years. This scarcity value will drive capital appreciation for properties.
Attractive Payment Plan
DAMAC Riverside offers an attractive payment plan to make luxury living more affordable. The starting price for a 4-bedroom townhouse is AED 1.99 million.
The payment plan is:
- 5% down payment on the booking date
- 70% paid during construction in easy monthly instalments
- 25% to be paid on completion and handover of unit
This flexible 75/25 payment plan also comes with 1% payment plan, so you can own a luxury home in DAMAC Riverside within your budget. The minimal 5% down payment makes it very convenient for buyers. The instalments during construction also provide flexibility compared to full payment plans.
Strong Connectivity
' Connectivity also matters in real estate investment. Just near Expo 2020, Damac Riverside offers an easy across to Dubai. This prime location ensures high demand for rental properties and potential for long-term appreciation. With convenient access to major highways and public transportation, DAMAC Riverside is a strategic investment opportunity in a rapidly developing area.
- DAMAC Mall – 9 Minutes
- DAMAC Lagoons-10 Minutes
- Al Maktoum International Airport- 10 Minutes
- Dubai Metro – 15 Minutes
- Expo 2020 – 16 Minutes
- Dubai Marina -24 Minutes
- Palm Jebel Ali-25 Minutes
The Pillars Supporting the Developer’s Impeccable Reputation
When investing for the long-term, the developer’s reputation and track record become paramount. Damac has proven itself as one of the most reliable and successful developers in the UAE property market.
Highest Standards of Construction Quality
DAMAC develops all its projects in-house with its own team of engineers and construction crew. This gives them better control over quality and timely completion. To date DAMAC has delivered c. 47,000 quality homes, with c. 33,000 more under way.
The company procures superior quality materials and fittings from leading European brands, importing marble from Italy and ceramics from Spain. Their focus on quality construction shows in the durability and longevity of projects.
Timely Delivery Enhancing Investor Trust
Unlike others, DAMAC delivered projects on time or before the deadline. For instance, DAMAC Hills was launched in late 2013 and the main project was completed by 2019 as per the timeline. Damac’s consistency and professionalism enhance investor confidence. Not only this, Damac Hills was the first project that brought Trump International Golf Club in the Middle East. And for this, Damac Hills was recognized by “The Best Golf Project in the World.”
Branded Developments Setting New Benchmarks
Damac has partnered with global names like VCavalli, Versace, De Grisogono, Zuhair Murad, FENDI Casa, the Trump Organization and Paramount Hotels & Resorts to create branded properties in Dubai. These projects set new standards in luxury living through bespoke designer residences.
For instance, Damac Ivy and Damac Sage are popular example. Damac’s brand partnerships reflect the company’s commitment to conceptualizing new paradigms in luxury.
Trusted Track Record Spanning Over a Decade
With 16 years of experience and successful deliveries across Dubai, Damac enjoys tremendous goodwill and trust. Their communities like Damac Hills, DAMAC lagoon, and others are testament to the developer’s capabilities. For its Dubai real estate developments and community management services, Damac has earned so many awards.
- 2017 Arabian Property Awards – Best Residential High-rise Development, Best Mixed-use Development, Best Hotel Interior, Best Developer Website, Best Hotel Architecture
- 2020 International Business Magazine Award for Most Socially Responsible Real Estate Company UAE
- 2023 Luxury Lifestyle Awards – Best Luxury High Rise Living for CAVALLI CASA TOWER *** 2023 World Business Outlook Awards** – Leading Real Estate Developer of Luxury Properties in UAE
DAMAC was also one of the few developers that continued construction uninterrupted even during the 2008-09 global financial crisis. This strong track record provides assurance to homebuyers and investors.
DAMAC Riverside Vs Other Communities in Dubai
Feature | DAMAC Riverside | Other Communities |
---|---|---|
Location | Close to Al Maktoum International Airport and new business hubs | Various locations across Dubai |
Living Density | Low density with a maximum of 4 units per cluster | Higher density with more units |
Unit Types | 4-5 bedroom townhouses and villas | Varies from community to community |
Amenities | Themed amenities like floating sports and spa | Varied amenities depending on community |
Payments | Flexible 75/25 payment plan (1% monthly) | Shorter or full payment plans |
ROI Potential | High potential due to luxury branding and amenities | Varies depending on factors like location |
Sustainability | Emphasis on green spaces and technologies | Attention to sustainability varies |
Lifestyle | Resort-like setting with wellness focus | Lifestyles depend on facilities provided |
Exclusivity | Limited 1,900 units for privacy and luxury feel | More units for less exclusivity |
Surrounding Facilities
DAMAC Riverside is strategically located to provide residents with easy access to a wide variety of amenities. Let’s take a look at some of the fantastic facilities in the vicinity:
Schools
There are several top international schools are situated close to Damac Riverside. South View School, Jebel Ali School, and Royal Grammar School Guildford in Dubai are all within a 7km radius. This ensures children get a high-quality education without lengthy commutes.
Healthcare
Getting prompt medical assistance is crucial. Fortunately, residents are well served in this regard. The multispecialty NMC Royal Hospital is about 10km away. Mediclinic Parkview Hospital and Saudi German Hospital are also within 15km reach. This provides ample healthcare options for any emergencies or routine checkups.
Entertainment Galore
With so many options for recreation right on your doorstep, you’ll never run out of things to do! Reel Cinemas and numerous family attractions at The Springs Souk are 10 minutes away by car. You can also look forward to golf at Trump International Golf Club or Green Golf Club, both under 10km away.
Parks
Although DAMAC Riverside is nature-focused, there are many parks like Damac Hills Park and Mudon Central Park await within 6km. These lovely settings are perfect for kids to run free or for friends and family to relax.
The Road Ahead – Building on a Legacy of Excellence
While DAMAC Riverside raises the bar once again for master-planned communities, the developer still has an exciting pipeline ahead.
Ongoing mega-projects like Aykon City, DAMAC Lagoons and Akoya Oxygen will add to Damac’s portfolio of destination developments. Their recently launched Nucleus concept also promises a new living paradigm merging residential, retail and hospitality.
As newer projects get delivered over the next decade, DAMAC will cement its position among Dubai’s top-tier developers. For discerning investors, Damac properties will continue to present a blend of luxurious living spaces and rewarding returns.
Conclusion
DAMAC Riverside brings a fresh perspective to luxury community living. The concept goes beyond material comforts to nurture the mind, body and soul in harmony with nature.
Alongside the rewarding lifestyle, the project also checks the right boxes for rental income and capital growth. Backed by the reputed Damac brand, it makes for a well-rounded property investment.
DAMAC Riverside perfectly balances the architecture to amenities, location to community spirit. This riverside sanctuary promises to deliver and excel for those seeking a wholesome living experience paired with lucrative investment returns.