Living by the water in Dubai has never been easier.
One-bedroom apartments at Damac’s most recent building, Riverside Views, start at Dh888,000, while two-bedroom homes cost Dh1.42 million. As the project is expected to be finished in May 2028, the master developer is giving buyers a 70:30 payment split. The site is located in Dubai Investment Park’s Damac Riverside cluster.
“We are proud to continue listening to our customers’ feedback and bringing truly desired products to the market,” said Amira Sajwani, Managing Director of Damac Properties. “Riverside Views introduces a collection of stylish one—and two-bedroom apartments housed within eight uniquely themed clusters.”
This is one of the first significant off-plan releases in Dubai in 2025; in fact, it comes right after the more expensive “Damac Islands” opening in November of last year. The most expensive property there costs Dh18.61 million, while townhouses start at Dh2.25 million.
But it’s the sub-Dh1 million price tag for a one-bedroom apartment that’s getting a lot of attention from estate agents and, potentially, investors. “With all the community and the water elements thrown in, the Dh888,000 price tag will carry a lot of weight with potential buyers,” said an estate agent.
“Damac built up a significant cache with its water-themed Lagoons (in late 2021) and Islands (late 2024). Clearly, the developer reckons there is a newer buyer base for the more affordable housing options in Riverside Views.
“In terms of launch price, Damac is aiming for the sweet spot.”
In addition to key markets like India, Japan, China, Russia, and the US, Damac sponsored a month-long campaign for Riverside Views in the United Arab Emirates. (Shahrukh Khan, the Bollywood superstar, attended the launch event in Dubai.)
Riverside Views feature a ‘mix of greenery and water scenery, enhancing a sense of well-being and connection with the environment,” said Amira. “We will continue to shape Dubai’s luxury real estate landscape and bring iconic products.”
Farm and floating island F&B
Five dining options will be available at the new cluster, including a Zen spa, a floating island restaurant, and even a hydroponic farm that would produce “fresh greens daily.”