Excitement is building in Dubai’s real estate scene with the arrival of Riverside Views Phase 2 by DAMAC. Building on the strong reception of the first phase, this development takes waterfront living to another level in what stands as the city’s inaugural riverside community. The focus here goes beyond mere residences; it centers on crafting a balanced lifestyle that merges the serenity of nature with the energy of urban surroundings.
Prime Riverside Location
Riverside Views Phase 2 occupies a key spot within DAMAC’s thoughtfully designed riverside master plan, granting direct access to Dubai’s captivating waterways. Daily views of the water with city life right at their doorstep is what residents can enjoy. This place has found a very rare mix of being exclusive yet connected which makes it an attractive spot for homeowners and investors in Dubai’s ever-changing market.
Exceptional Pricing and Unit Options
The pricing structure for this launch has garnered great interest because it offers strong value in the luxury segment.
One-Bedroom Apartments: Starting from AED 993,000, these thoughtfully designed units provide an ideal entry point into luxury riverside living.
Two-Bedroom Apartments: Starting from AED 1.9 million, these spacious residences offer enhanced comfort and functionality for growing families or those seeking additional space.
Flexible Payment Structure
DAMAC develops its payment plan with care toward ease and flexibility, extending it over 40 months to suit various financial conditions. The method begins with a 20% deposit at booking and is followed by several well-organized installments that will not strain you while construction is going on. Milestones come into the picture at the 12th, 19th, and 26th months with a requirement of 5% payment, mostly about 1% contribution per month bulk of the schedule. The setup ends up with a 30% payment at handover giving buyers very good time to set their resources properly. Such considerations speak volumes in practical terms for getting property in a competitive environment.
Expression of Interest Opportunity
To secure preferred positions in this sought-after project, DAMAC has initiated an Expression of Interest (EOI) program. The requirements are clear:
- 1-BR Units: AED 45,000
- 2-BR Units: AED 90,000
- Full Floor Options: AED 600,000
This EOI process allows potential buyers to reserve their preferred units while the full sales process is finalized, ensuring priority access to the best available inventory.
Development Timeline and Completion
The project has an Anticipated Completion Date (ACD) of March 31, 2029, thereby giving DAMAC an opportunity to have the best materials, technology and craftsmanship. The pace is very deliberate so as to ensure that what everyone associate with the brand is the final product-at the end of it all.
Investment Highlights
Riverside Views Phase 2 embodies more than individual homes; it forms part of Dubai’s groundbreaking riverside enclave, where peaceful waterside settings blend seamlessly with essential urban facilities. The master plan includes high-quality amenities and reflects DAMAC’s established reputation for excellence. This combination positions the project as a solid long-term prospect, whether for personal use or financial growth.
Additional Considerations
Buyers should consider the normal 4% Dubai Land Department (DLD) fee that is added along with the first deposit. It is a very common practice in local transactions which keeps the process transparent.
