Damac Properties to Launch Damac Riverside Residential Community in Dubai
Damac Properties, one of Dubai’s leading real estate developers, is preparing to unveil its newest residential community, Damac Riverside, situated in Dubai Investments Park 2 within the Jebel Ali District. This exclusive development will feature 1,900 high-end townhouses, designed with modern living in mind, offering expansive interiors and top-tier fittings. Strategically located between Jebel Ali Al Hibab Road and Emirates Road, Riverside promises easy access to key areas of Dubai, ensuring excellent connectivity for its residents.
Damac Riverside: Luxury Living and Premium Amenities
Riverside will provide a wide array of upscale amenities that cater to the varied needs of future residents. These amenities will be centered around three key areas: Food and Wellbeing, Health and Activity, and Social and Culture. These facilities are designed to enhance the lifestyle experience of residents, combining convenience, luxury, and community-oriented spaces.
Properties and Investment Potential at Riverside
The townhouses within Damac Riverside are designed in small clusters of no more than four homes, fostering a low-density living environment that offers privacy and exclusivity. Each townhouse spans three levels, featuring a maid’s room, covered parking for two cars, and expansive gardens, which provide peaceful outdoor spaces perfect for families.
Set to be completed by 2027, Riverside offers an excellent investment opportunity, with prices starting from AED 2.4 million. The development’s flexible payment structure, which requires 70% during construction and the remaining 30% upon handover, ensures that it is accessible to a broad range of investors. As the first phase of this new community, Riverside is poised for growth, and property values are expected to appreciate over time, providing early investors with significant returns.
About the Developer: Damac Properties
Damac Properties is a renowned name in the Middle Eastern real estate market, known for its focus on quality and innovation. With a portfolio that includes around 46,000 completed homes and 33,000 more in development, Damac is playing a key role in shaping Dubai’s skyline and setting new standards in luxury living. Although the company has been involved in several recent launches, Riverside marks Damac’s first new master community in some time, signifying an exciting new chapter for the developer.
Damac Riverside offers investors a prime opportunity to invest in a high-quality, well-connected community with significant potential for growth, backed by a trusted developer with a proven track record.
