Riverside by DAMAC Properties

Riverside, a large residential community by DAMAC Properties in Dubai Investments Park, offers 1,900 townhouses with 4-5 bedrooms as of May 2024. Inspired by cities like Rome, Paris, and New York, these homes range from 2,297 to 3,407 sq. ft. and feature storage areas, garages, and balconies, with 5-bedroom units including a terrace and maid’s room.

The community is divided into two zones: Water Vein, with aquatic fitness, a floating opera, cinema, and dining options, and Green Vein, featuring sports facilities, a zen spa, hydroponic farms, and children’s play areas. A clubhouse offers a gym, co-working space, bowling alley, and more.

Riverside is conveniently located near major roads, providing easy access to Al Maktoum International Airport and Palm Jumeirah in under 30 minutes. Nearby amenities include supermarkets, pharmacies, schools, and hospitals, making it ideal for families.

Close to Expo City Dubai, Riverside is also a prime location for professionals. Investors can expect strong rental returns, with neighboring Al Furjan showing an ROI of 4.9% and rents starting at AED 170K (USD 46K). Residents can apply for a 2-year residency visa, or a 10-year Golden Visa for purchases over AED 2M (USD 545K), covering family and domestic staff.

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About the Developer

DAMAC Properties is a leading luxury real estate developer in the Middle East, known for creating iconic residential, commercial, and leisure projects. Established in 2002, DAMAC has delivered high-end properties across the UAE and internationally, partnering with top brands like Versace and Fendi for exclusive designs. The company is recognized for its focus on quality, innovative architecture, and creating vibrant communities with world-class amenities. Notable projects include DAMAC Hills, AKOYA Oxygen, and Aykon City in Dubai, all reflecting its commitment to redefining luxury living.