DAMAC Riverside Project Analysis

updated on: 6th Feb 2025

Overview

DAMAC Riverside is a stunning new development by DAMAC Properties, offering a mix of 4 & 5-bedroom townhouses and the newly launched 1 & 2-bedroom apartments. Designed for luxury and comfort, this community blends modern architecture, top-class amenities, and a peaceful riverside location to create the perfect living experience.

The community is divided by Water Vein and Green Vein.

The Water Vein: is all about luxury and leisure by the water—floating restaurants, water-based fitness, and entertainment on the water, like opera and cinemas. It’s like a fancy island getaway.

The Green Vein: focuses on nature, wellness, and adventure—organic farms, outdoor workouts, spa relaxation, and fun spaces for kids and adults. It’s like a peaceful eco-retreat.

In simple terms,

Water Vein = luxury by the water, & Green Vein = nature and wellness living.

Construction Site

Project Details

Community Size

The DAMAC Riverside project covers a huge land area of 10.8 million square feet, which is about 190 football fields in size.

Unit Types

Riverside will feature Townhouses and Apartments

Unit Details

Apartments

Riverside will be featuring 1 & 2 bedroom apartments

There are about 40 buildings (all G+8) spread across 8 different clusters.

• Teal: 1 Tower
• Azure: 2 Towers
• Marine: 4 Towers
• Indigo: 2 Towers
• Royal: 4 Towers
• Capri: 2 Towers
• Sky: 6 Towers
• Pacific: 1 Tower

DAMAC Riverside has a total of 2,523 apartments (as of now). These units are spread across different buildings.

80% of the apartments in each building will have 1 bedrooms and 20% of them will be 2 bedrooms

Here’s how many apartments are in each building (the remaining clusters are not announced yet):

• Azure: 555 apartments
• Marine: 558 apartments (across 2 buildings)
• Capri: 555 apartments
• Indigo: 397 apartments
• Royal: 458 apartments (across 2 buildings)

Sizes:

• 1-Bedroom Apartments: 785 sq. ft. – 988 sq. ft.
• 2-Bedroom Apartments: 1,077 sq. ft. – 1,568 sq. ft.

Prices:

• 1-Bedroom Apartments: AED 880,000 – AED 1,717,000 / Price Per Square Foot (PSF): AED 1,125 – AED 1,737 per sq. ft.
• 2-Bedroom Apartments: AED 1,315,000 – AED 2,417,000 / Price Per Square Foot (PSF): AED 1,221 – AED 1,541 per sq. ft.

Service Charges:

Would be anywhere between AED 13-15 per sqft.

Building Layout & Views:

Left-side buildings will be single-loaded, meaning all units only face the river with no back-facing apartments. These buildings will be 14 floors high, offering unobstructed waterfront views. Residents on this side will have exclusive river views, making it a premium location. The Etihad Rail runs behind these buildings, but since they are single-loaded, no unit faces the railway. The river-facing view is the main highlight, providing a resort-like living experience with direct water access.

Right-side buildings are double-loaded, meaning units have two different views – one side faces the river, and the other side faces the townhouse community. These buildings are 7 to 8 floors high, offering diverse scenery options for residents. Some apartments get both partial river and community views, making them a balanced choice between nature and neighborhood.

Townhouses

To be updated

River vein Specs

Floor Plans

Apartments:

Townhouses:

To be updated

Project Amenities

The community offers a range of amenities for both Water Vein and Green Vein lifestyles, catering to luxury by the water and nature-focused wellness experiences.

Water Vein Amenities

• Portofino Restaurant
• Island Restaurant
• Fitness by the Water
• Opal Chess Haven
• Floating Opera
• Clubhouse & Retail

Green Vein Amenities

• Culinary Classes
• BBQ & Live Cooking Station
• Hydroponic Farm
• Calisthenics Stations
• Wall Climbing
• Zen Spa
• Essential Oil Lakes
• Floating Cinema
• Peace Rooms
• Amphitheatre
• Games Zone (Adults)
• Adventure Land (Kids)

Within the community

School

• A School Inside the Community – Families living in DAMAC Riverside don’t have to travel far to send their kids to school. It’s right there within the community
• Safe & Convenient – Parents avoid long drives and traffic, making daily school runs super easy.
• Increases Property Value – Homes near good schools are always in demand, meaning higher resale and rental value for investors.

Entry Points

Entry Point 1 (From D57 Yalayis Street): This is the main entrance, giving easy access to the community from a major road. Perfect for people coming from the central parts of Dubai.

Entry Point 2 (From E611 Emirates Road): This entrance is closer to highways, making it ideal for people coming from other parts of the UAE or those who want a quick route to major areas.

Payment Plan

The payment will be on a 70/30 basis. here’s a simple breakdown of the cash outlay:

1. Big First Payment (20%) – When you book, you pay 20% upfront.
2. Tiny Monthly Payments (70%) – Every month after the 3rd month, you pay just 1% (except for a few months where it’s 5% – that’s 70% of the payment).
3. Final Big Payment (30%) – When the home is ready (May 2028), you pay the last 30%.

Handover

The project handover for Riverside Views is scheduled for Mar 31, 2029 (Q1).

Location & Connectivity’s

Roads

The community is connected to big highways like Yalayis Street and Emirates Road at the border of Dubailand and Dubai south.

Location Map

Time to reach the following by drive

Communities:

• Expo City – 12 mins
• Damac Hills 1 – 10 mins
• Damac Hills 2 – 20 mins
• Dubai Marina – 23 mins
• Emaar Oasis (future community) – 5-8 mins
• Emaar South – 15 mins
• MAG 5 Boulevard – 10 mins
• Green Community, DIP 1 – 8 mins
• Nshama Townsquare – 7 mins
• Cherrywoods by Meraas – 9 mins
• Tilal Al Ghaf – 15 mins
• Damac Lagoons – 15 mins

Landmarks:

• Al Qudra Lake – 30 mins
• Jebel Ali Free Zone (JAFZA) – 17 mins

Metro & Etihad Rail Stations:

• Dubai Investment Park 1 Metro Station – 14 mins
• Etihad Rail Station (not confirmed yet)

Airport:

• Al Maktoum International Airport (DWC) – 15 mins

Hospitals:

• NMC Royal Hospital, DIP 1 – 13 mins

Malls:

• Mall of Emirates – 24 mins
• Damac Mall – 10 mins
• Dubai Outlet Mall – 15 mins

Points of interest:

• Trump International Golf Club, DAMAC Hills 1

Etihad Rail

According to available information (Feb 2025), the Etihad Rail network is planned to pass near the DAMAC Riverside area.

What is Etihad Rail?

• It’s a big train project in the UAE designed to connect major cities and areas across the country.

How Does It Relate to DAMAC Riverside?

• The train route includes a part that goes near Dubai Investment Park, which is close to DAMAC Riverside.
• This means that in the future, residents of DAMAC Riverside will have easy access to the train, making travel to other parts of Dubai and the UAE more convenient.

Benefits for Residents:

• Quick Travel: The train will allow fast trips to places like Abu Dhabi, Fujairah, and other emirates.
• Less Traffic Hassle: Using the train can help avoid busy road traffic.
• Eco-Friendly: Trains are generally better for the environment compared to cars.

Neighboring Communities

The Oasis by Emaar

The Oasis by Emaar is a significant new development in Dubai, and its location is relatively close to DAMAC Riverside.

The Oasis by Emaar will be a high-end residential community in Dubai featuring 7,000 luxury villas and mansions surrounded by lakes, canals, and parks. It includes large green spaces, beaches, jogging tracks, gyms, pools, and sports courts for an active lifestyle.

Will Emaar Oasis Make DAMAC Riverside Desirable? YES! Here’s Why:

Imagine you live in a nice neighborhood. Now, a super fancy new area is being built right next to yours. This is exactly what’s happening with Emaar Oasis and Damac Riverside.

Richer people will move nearby: Emaar is known for super high-end villas. The people buying these homes are wealthy professionals, business owners, and VIPs. Since Riverside is right next to it, this means more rich and successful people will be in the same area.

The area becomes more expensive over time: When luxury communities are built, land and property prices in the nearby areas increase. This means:

• If you buy property in Riverside now, it could go up in value because of Emaar Oasis.
• High-end places attract more investors, so Riverside might become even more premium over time.

Fancy shops, restaurants & services will open nearby: Rich people want good restaurants, shopping malls, and luxury services close to their homes. So, with Emaar Oasis coming, big brands, premium supermarkets, fine-dining restaurants, and high-end fitness clubs might open near Riverside too.

Better Roads & Infrastructure: When two big developers (Emaar & Damac) build communities close to each other, the government improves the roads, public transport, and overall infrastructure. This means:

• Better roads for driving
• More public transport options
• Well-maintained parks & green areas

Overall Prestige, It Feels More Exclusive: People prefer living near high-end areas. If someone is choosing between two places, they might pick Riverside because it’s next to a premium Emaar project. More rich neighbors = more exclusivity & luxury vibes.

The Heights Country Club & Wellness By Emaar

The Heights Country Club & Wellness by Emaar Properties is planned near DAMAC Riverside. However, there are unconfirmed details about whether this community will materialize or not. If it does, it will bring significant benefits to Riverside as well. This community will feature luxurious townhouse and villas (no apartments).

Will Emaar’s Heights Country Club Make DAMAC Riverside Desirable? YES! Here’s Why:

Imagine you live in a nice neighborhood, and suddenly a fancy new wellness and country club opens right next to you. What happens? The area becomes more high-end, and more rich and successful people start moving in. That’s exactly what’s happening with The Heights Country Club & Wellness by Emaar near DAMAC Riverside.

The Whole Area Becomes More Prestigious: Would you rather live next to a regular neighborhood or beside a premium golf & wellness community? Most buyers prefer to live near other luxury communities because it adds prestige and exclusivity to their own home. Since Emaar’s luxury project is next to Riverside, it makes Riverside more desirable and high-end too.

Grand Polo Club & Resort By Emaar

What’s Happening?

Two giant developers, Emaar and Damac, are building fancy communities right next to each other.

• Emaar’s Grand Polo Club & Resort: Huge 60 million sq. ft. project with luxury homes, horse-riding facilities, and a high-end lifestyle.
• Damac Riverside: A separate but nearby community that will benefit from Emaar’s presence.

This community will feature luxurious townhouse and villas (no apartments).

How Does This Help Damac Riverside?

The presence of a high-end development like the Grand Polo Club and Resort can elevate the overall perception of the neighborhood, making it more attractive to potential buyers and investors. When such a prestigious project is built near DAMAC Riverside, it can have several positive effects on property values:

1. Better Reputation – Emaar’s project is expensive and high-end. When a rich neighborhood pops up, the surrounding areas become more desirable too.
2. More Facilities & Infrastructure – Because Emaar is spending billions, roads, shops, and parks in the area will improve. This benefits everyone nearby, including Damac Riverside.
3. Higher Demand – Rich people moving into Emaar’s project means the whole area becomes hot property. More demand = higher prices = good for investors.
4. Property Prices Go Up – Studies show that when a luxury community is built, nearby properties increase in value during and after construction.

Bottom Line for Investors

If you buy in Damac Riverside now, as Emaar builds its fancy project next door, the value of your property will likely go up. So, if you sell later, you could make a good profit. Simple!

Impact of Al Maktoum International Airport on DAMAC Riverside

Big Airport = More Money & More People

Dubai is building a massive airport (Al Maktoum International) in Dubai South. It will be bigger than Dubai International Airport and create tons of jobs for pilots, airline staff, logistics workers, and airport employees.

The complete transition of major operations, including those of Emirates and FlyDubai, to DWC is expected by 2032.

This expansion aims to accommodate up to 260 million passengers annually, making it a central hub for global air travel.

More Jobs = More People Need Homes

People who get these jobs will want to live close to work instead of spending hours in traffic. This means more demand for houses and apartments near the airport.

More Demand = Higher Property Prices

When more people want to live in an area, property prices go up. It’s like if everyone suddenly wanted the same limited number of apartments – the owners can charge more because people are desperate to buy or rent.

Riverside Views by DAMAC & Dubai South = Smart Investment

A project like Riverside Views by DAMAC is very close to the new airport. That means high demand in the future because:

1. Workers at the airport will want to live nearby.
2. Business travelers and companies will also rent properties there.
3. The government is improving roads and transport, making the area even better.

Airbnb Potential

If you see the image, the hotel listings confirm that the area already has strong demand for short-term stays, making Airbnb investments in Riverside Views by DAMAC a great opportunity for high rental returns.

These hotels are spread across different areas, primarily near Dubai South, the new airport (Al Maktoum International), and Jebel Ali.

Al Maktoum International Airport is undergoing a massive expansion to become the world’s largest airport, with a future capacity of up to 260 million passengers annually.

Currently, Dubai South has a limited number of hotels, such as Aloft Dubai South, Staybridge Suites, and Holiday Inn Dubai Al-Maktoum Airport.

Given the anticipated surge in passenger numbers and the existing shortage of accommodations, Riverside Views by DAMAC presents a prime opportunity for investors. Its proximity to the expanding airport makes it an attractive option for short-term rentals, catering to travelers, airline staff, and business professionals seeking convenient lodging.

Investing in Riverside Views now positions you to meet the growing demand for accommodations in Dubai South, potentially leading to substantial returns as the airport reaches its full capacity.

Hotels vs Riverside

If you stay in an Airbnb at DAMAC Riverside, you get way more than what a hotel can offer. Here’s why:

• More Space – Airbnb units are bigger than hotel rooms (unless they are deluxe or presidential) suites, so you don’t feel stuck in a small box.
• Better Amenities – Hotels give you a bed, a TV, and maybe a gym, but at Riverside, you get:
  • Private pools & infinity pools instead of crowded hotel pools.
  • High-end fitness centers & yoga decks instead of a basic gym.
  • Lush gardens & hydroponic farms where you can pick fresh food.
  • Outdoor BBQ areas & community lounges to relax with friends.
• Feels Like Home – You get a kitchen to cook your own food, a living area to chill, and balconies with great views. Hotels? Just a single room.
• No Hidden Fees – Hotels charge for room service, laundry, and even WiFi. At an Airbnb, most of this is already included!
• Long-Term Friendly – If you’re staying for weeks or months, an Airbnb is cheaper and more comfortable than paying high hotel rates.

Current Airbnb units

If you see the image above, there aren’t many Airbnb listings around DAMAC Riverside and in the Dubai south (DWC) region in general, which means there’s less competition for short-term rentals in this area. As more people visit and move into Riverside when its ready, demand for Airbnb stays will go up, making it a great opportunity for investors. With waterfront views, luxury amenities, and The Loop nearby, Riverside could attract tourists, business travelers, and long-term renters looking for something better than a hotel.

In simple terms: less Airbnb competition now = more money for early investors later!

The Loop Project by URB

The Loop is being developed by URB, a Dubai-based company specializing in sustainable urban planning and green infrastructure. URB focuses on designing smart, eco-friendly cities that promote walkability, cycling, and renewable energy.

They are also behind other futuristic projects in Dubai, like Dubai Reefs (a floating eco-city) and Dubai Green Spine (a sustainable urban corridor). Their goal is to transform Dubai into a leader in green, walkable cities, aligning with the Dubai 2040 Urban Master Plan.

URB is building a giant, futuristic sidewalk that stretches 93 kilometers long—that’s longer than the entire city! This project is called The Loop, and it’s designed so people can walk, jog, or ride bikes instead of using cars.

Why is this a big deal?

• No more sweating in the heat – The Loop will be climate-controlled, meaning it’ll stay cool even in Dubai’s summer.
• No need for cars – It connects different parts of the city, making it easy to go to work, shop, or meet friends without driving.
• Good for the planet – Less traffic and fewer cars mean cleaner air and a healthier environment.
• More than just a walkway – It will have resting spots, fitness areas, and even gardens that grow food along the way!

The goal

By 2040, 80% of Dubai’s residents should be able to use The Loop for daily trips. It’s like turning the whole city into a walkable, eco-friendly paradise!

How does The Loop support the 20-Minute City?

1. Easy, Car-Free Travel – The Loop connects different parts of Dubai, so people can walk or bike to essential places quickly and comfortably.
2. Climate-Controlled Pathways – Dubai’s heat is a challenge, but The Loop will be temperature-regulated, making walking and cycling practical year-round.
3. Healthier, Active Lifestyles – Instead of spending time stuck in traffic, people can stay active while commuting.
4. Eco-Friendly Urban Planning – Reducing car dependency lowers pollution and makes neighborhoods more livable.
5. Boosting Local Communities – The Loop will have shops, cafes, parks, and gardens, turning it into a hub for community life.

By 2040, Dubai wants 80% of trips to be made by walking, cycling, or public transport. The Loop makes this vision possible by linking key areas of the city in a way that’s fast, safe, and enjoyable.

Impact on DAMAC Riverside & nearby communities

Better Connectivity – DAMAC Riverside will be linked to major parts of Dubai through The Loop, making it easy for people to walk or cycle to places instead of driving.

Higher Property Value – Homes near The Loop will be more attractive because people love having walkable, green spaces. This could increase property prices in DAMAC Riverside over time.

Easier Access to Key Locations – The Loop connects Expo City, Business Bay, Dubai Marina, and more, making it super convenient for Riverside residents to move around.

Healthier Lifestyle – With The Loop nearby, Riverside residents can walk, jog, or cycle for daily activities, promoting a healthier and more active lifestyle.

Less Traffic & More Sustainability – The Loop encourages car-free movement, meaning less congestion and a quieter, cleaner environment around DAMAC Riverside.

Boost for Retail & Business – Shops, cafes, and services near The Loop in Riverside will get more visitors, improving business opportunities.

Capital appreciation & Rental trends in current DAMAC’s projects

DAMAC Lagoons, Santorini

DAMAC Lagoons consists of numerous luxury residential clusters around a massive lagoon system. You can choose from multiple clusters providing contemporary villas and townhouses.

All clusters provide direct access to the Lagoon and its waterways. Residents can enjoy facilities together with non-public beaches, parks and strolling paths. The Lagoon community is ambitious to provide citizens with tranquility and clean entry to Dubai. Continue reading to learn more about DAMAC Lagoon Clusters.

Capital appreciation:

The Santorini Cluster in DAMAC Lagoons has seen a 31.1% increase in price per sqft from AED 1075/sqft in 2021 to a projected AED 1410/sqft by 2025, showing steady appreciation. Prices remained stable in 2021-2022, then started rising in 2023 (AED 1174/sqft), with a bigger jump in 2024 (AED 1344/sqft). This growth indicates high demand and strong investment potential, making DAMAC a profitable choice for buyers looking for rising property values in Dubai.

• Bought in Dec 2021 for AED 1.66M (AED 1,070/sqft) from the developer.
• Resold in Jun 2023 for AED 2.1M (AED 1,350/sqft) → AED 434K profit in 1.5 years.
• YoY Growth: ~20% per year
• Resold again in Jan 2025 for AED 2.35M (AED 1,520/sqft) → AED 250K extra profit in another 1.5 years.
• YoY Growth: ~11% per year
• Total profit before handover: AED 684K (41.1%)

• Bought in Jun 2022 for AED 2.56M (AED 1,080/sqft).
• Resold in Dec 2023 for AED 3.1M (AED 1,310/sqft) → AED 541K profit in 1.5 years.
• YoY Growth: ~19% per year
• Resold again in Jan 2025 for AED 3.31M (AED 1,400/sqft) → AED 210K more in profit.
• YoY Growth: ~7% per year
• Total profit before handover: AED 751K (30%)