Riverside Villas Project Ivy, Lush and Sage

Buy Ivy, Lush, Sage Villas in Phase 1 of Damac Riverside

Damac Riverside Villas is a collection of luxurious 4 and 5 bedroom villas and townhouses along the stunning water canals in Dubai. The project is developed by Damac Properties, one of the leading developers in Dubai. For all the information about buying a villa in Dubai from this unique project and from the popular property developer Damac Dubai, stay with the Emirates Real Estate Group Amlakuae.com.

Location of Riverside Town by DAMAC

Riverside Town by DAMAC is ideally located between Jebel Ali Al Habbab Road and Emirates Road, providing easy access to the city’s main attractions and daily amenities. The project is also close to Al Maktoum International Airport, making it an ideal choice for travelers and those traveling to Dubai for business.

Riverside Town amenities

Riverside Villas by DAMAC offers a wide range of amenities for residents, including:

1. Lush Lagoons and Greenery: The project is beautifully designed with lush lagoons and greenery, perfect for family living.
2. Amenities: The complex includes a gym, swimming pool, playground, basketball court, tennis court, soccer field and barbecue
3. Security: The project has 24-hour security and secure entrance gates to provide residents with peace of mind.
4. Nursery: There is a nursery in the complex to take care of your children.
5. Mosque: There is a mosque in the complex so that Muslims can perform their prayers with ease
6. Restaurants and Shops: There are a number of restaurants and shops in the complex so that residents can get their food and necessities without having to leave their homes.

Benefits of Living in Riverside DAMAC:

1. Luxurious Lifestyle: Riverside DAMAC Villas offers a luxurious lifestyle in a peaceful and beautiful environment.
2. Excellent Location: The project is located in a prime location with easy access to all amenities.
3. Amenities: The complex offers a wide range of amenities for residents.
4. Investment: DAMAC Riverside Villas is a good investment option with the potential for significant capital appreciation in the coming years.

DAMAC Exclusive Villa Townhouses

• DAMAC Hills One
• DAMAC Hills Two
• DAMAC Lagoon
• Riverside

DAMAC Riverside Townhouse

DAMAC’s newest townhouse, RIVERSIDE, is located within the closest distance to two popular areas (Palm Jebel Ali and Al Maktoum International Airport), with the first phase set to launch in 2024. The new townhouse, Riverside, is a 15-minute metro ride away and is home to Expo City, the world’s largest international exhibition center.

Like all of DAMAC’s current communities, Riverside also features a full range of independent urban amenities.

• Clubhouse (pool, relaxation rooms, Zen spa)
• Community pool (gym, water sports, climbing wall)
• Amphitheater/lawn
• Children’s adventure land
• Hydroponic farms
• Play areas
• Calisthenics stations
• BBQ stations/cooking classes
• Essential oils lake
• Portofino restaurants
• Floating opera house
• Proposal platform
• Mosques
• K-12 school
• Retail
• Daycare
• Kindergarten
• Healthcare services
• Offices

Riverside is starting to sell affordable four- and five-bedroom villas.

Supply and demand for the DAMAC villa and townhouse market

By 2024, the demand for buying villas under construction will be 51%, while the demand for buying ready-made villas is 48%. One of the reasons for the widespread acceptance of villas under construction is the higher growth in added value during the year and again at the time of delivery.

Increase in demand for purchasing and supplying townhouses in different years:

2020

• Villas available for sale 1650
• Villas in demand 2544

2021

• Villas available for sale 5075
• Villas in demand 5092

2022

• Villas available for sale 10,679
• Villas in demand 8,128

2023

• Villas available for sale 12,141
• Villas in demand 10,798

2024 first half

• Villas available for sale 1,444
• Villas in demand 2,780

Residential units in the townhouse category are witnessing high demand from end users and investors. As can be seen in the above explanation, secondary market prices have surpassed the initial capital values.

This trend has been driven by the COVID-19 pandemic, as families have opted to settle in townhouses, leading to a parallel growth in capital values ​​in both the primary and secondary markets.
The average capital value of townhouses in Dubai has crossed the AED 1,000 per square foot mark, providing a valuable proposition for DAMAC Riverside.

Rental Requests and Rental Yields

1. According to Property Monitor, long-term gross rental yields for 4- and 5-bedroom townhouses have ranged between 6% and 7% over the past 12 months. However, if the villa or townhouse is located near water, or has a park or a special view, the rental yields will be higher.
2. Five-bedroom townhouses command higher rents, with an average gross rental yield of around 6.9% over the past 12 months, as tenants pay more for larger townhouses. And there are fewer larger townhouses on the market, which increases demand.
3. The average rent for a four-bedroom is AED 251,000, while for a five-bedroom it is AED 300,000.

The following three towns are located next to each other:

• Emaar South
• Riverside
• The Height by Emaar

The starting price per square foot in Riverside by Emaar is the lowest of all, between 872 and 1075 dirhams, while in the two towns The Height by Emaar and Emaar South by Emaar Dubai, prices start from 1025 to 1200. The delivery of Riverside villas is from 2027.

Impact of Al Maktoum International Airport in the region

1. In 2023, Dubai ranked first in attracting foreign direct investment (FDI) projects in new business areas.
2. Increase in MICE events at Expo City
3. Expo City is expected to host more MICE (meetings, incentives, conferences and exhibitions) events as it takes over part of the burden of the World Trade Center (WTC).
4. Business travelers coming to Expo City will be looking for residential options in this area, with Dubai South, Riverside, and Jebel Ali being among the preferred options.

How to buy Your Unit at Riverside Villas by Amlakuae Group

Reserving your unit at the luxurious and unique DAMAC Dubai Villas to pre-purchase an apartment in Dubai is a simple and hassle-free process:

• Contact our experts:

Get in touch with dedicated UAE property consultants to guide you through the buying process and answer your questions. You can register your interest via WhatsApp.Contact us to discuss the details of buying an apartment in Dubai, including payment plans, amenities and special offers.

• Review and select your payment plan:

The Riverside Villas: IvyT Lush, sage apartment offers a great payment plan as defined above. Get more details about the payment plan from our real estate agents via WhatsApp.

• Buy directly from the developer:

We accept various payment methods including cash, Bitcoin, bank cards and cheques.

• Download the necessary documents:

Brochures and floor plans are available to review the project details and amenities. Just send us a message on WhatsApp. We will also send you the payment plan details on WhatsApp.