- Designed to foster a vibrant community, the project includes retail outlets, dining options, and recreational facilities.
Damac unveils its new masterpiece “Damac Riverside”; a one-of-a-kind community that features a high realm of integration, in terms of flagship facilities and recreational activities.
It is a large-scale development on the Dubai River in Al Ras al Khor, UAE, offering a unique collection of residential, commercial, and housing choices, including apartments and townhouses, for sale.
The Damac Riverside community in Dubai has a lot to offer, concerning amenities and features that will change the future lifestyle approach.
The Article Key Points:
- Robust Growth & Investment Opportunities in Dubai
- Geographical Location of Damac Riverside.
- Riverside Damac Villas and Lowest Prices.
- Riverside Payment Plan and Services.
Robust Growth & Investment Opportunities in Dubai’s Residential Market
The residential industry in Dubai experienced significant growth since the beginning of 2023, due to the properties’ price increase by approximately 18% between the last 2 years.
Dubai off-plan properties hit 39.84 per cent of total sales, according to the Dubailand government.
Owing to the latest paper launched by Deloitte, certain areas in Dubai witnessed traffic from both buyers and investors; including Palm Jumeirah, Damac Hills, Dubai South, and MBR City.
Investments with the highest ROI require some tips and tricks. Here are some things to consider when searching for a real estate ROI
- Focus on off-plan properties: Did you know that investing in under-construction properties ensures better returns? “Damac Riverside” is now a great opportunity to invest in.
- Consider Rental Yields
- Research the Market
- Diversify Portfolio
- Leverage Property Management Services
After all, why should I invest in DAMAC? Let’s see the advantages you will lavish after this great decision, considering the consequences as well.
Investing with Damac ensures a high ROI, plenty of unit choices, strategic locations, and a flexible payment plan.
Even so, Damac has quickly caught up to this potential obstacle for some with a flexible payment plan that extends for 4 or 5 years, starting with a low down payment and otherwise a high payment plan for lower interest rate seekers.
What is the ROI in Damac Properties?
- Damac Hills Community’s solid ROI is 6.78% for an average price of 6,960,000 AED.
- Damac Hills 2 Community’s ROI is 6.77% for an average price of 500,000 AED.
- Make a powerful pitch for investing in Damac New Community (Riverside in Dubai) with a 10% down payment and 8% guaranteed returns for 4 years.
What are the Key Factors For A High ROI?
Let’s take into consideration that the location is the main factor that impacts the ROI, and that is what makes the investors attracted to a specific property particularly if it is under construction (for lower purchase prices).
That is what makes the Damac Riverside Community a lucrative investment: under-construction, lower prices, and a high ROI.
Other factors that make for the highest ROI on the property:
- Emerging markets
- Supply and Demand
- Neighbourhood and Amenities
- Rental Market
- Urban Revitalization
- Local Regulations
Riverside by Damac Master Plan: Need an Endless Luxury?
Here’s an overview of what luxury looks like at Damac Riverside Daily Living and a full guide to the community’s master plan, ensuring that customers will have the best experience on this land.
The developer aims to transform a life that will never be repeated in this short time, not just offering a limited edition of the future but also giving many options of types and villa spaces. Moreover, it offers an exceptional experience that delves into a vibrant and sustainable mode.
Turn the mode on and let the luxury delve.
Residential master plans offer apartments, townhouses, and villas ranging from 1 BD to 5 BD with high-end finishes.
Hospitality Components: Various lavish upscale hotel accommodations with world-class amenities, branded hotel residences for those seeking a luxurious lifestyle, and integrated hotel services and facilities for residents.
Retail and Dining Experiences: A vibrant riverfront promenade with a curated selection of retail outlets, gourmet restaurants, cafes, entertainment venues, and outdoor dining and leisure spaces.
Recreational and Lifestyle Amenities: Expansive green spaces and landscaped parks surrounding the units and amenities, plus jogging tracks, cycling paths, sports facilities, outdoor swimming pools and wellness centers are examples.
What Customers Should Expect to See in Damac Riverside Community?
- Expansive green spaces.
- Outdoor recreation.
- Swimming pools.
- Fitness centres & Sports courts.
- Communal lounges.
- Gourmet restaurants & Cafes.
- Entertainment venues.
Damac Riverside Geographical Location
Damac Developer has a master choice in its communities in Dubai. A quick look at the other communities in Damac, such as Damac Hills 1 and 2, will reveal smart location choices that have proximity to major roads, besides the well-established connection to Dubai, a sought-after destination.
The Damac Riverside community is located on Dubai River, in Ras Al Khor, Dubai, United Arab Emirates. It features a prime waterfront view and proximity to key landmarks in Dubai.
Damac Riverside in Dubai features a great proximity to Sheikh Zayed Road, Dubai Metro network, and Dubai Water Taxi; a traditional boat service along the Dubai River.
Where to go from Riverside Damac:
- 5 minutes to Dubai Creek Harbour
- 10 minutes to Dubai Design District (D3)
- 15 minutes to Dubai International Airport.
Riverside Damac Villas and Lowest Prices
Riverside Damac Villas offers a unique living experience along the Dubai River sanctuary view, with sizes ranging from 2,000 to 3,500 square feet for 3 to 5 bedrooms of townhouses and villas, with prices starting from 2 million AED.
Damac Riverside Villas Spaces
- Select House announced that the starting space of a 3-bedroom townhouse ranges from 2,000 to 2,500 square feet.
Damac Riverside Townhouses Prices
- 3-bedroom townhouses: starting from 2,200,000 AED.
Features of Damac Riverside Villas
- Private gardens and balconies with river views.
- Integrated smart home technology.
- Access to the community’s recreational facilities and services.
- Dedicated parking spaces for each villa.
Riverside by Damac Payment Plan and Services: What the future looks like
To Purchase a villa at Riverside Community by Damac you have to know first the payment plan; as it starts with a 10% down payment which is a low payment in Dubai.
Riverside by Damac development installment plan is 90%, soon will be the announcement of the handover date and the installment phases.
Damac Riverside will open a sanctuary haven for customers’ future, in addition to the luxury of world-class amenities and services, expect this level of living with – 24/7 Security and Concierge Services and Waste Management and Cleaning Services.
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