4-Bedroom Off-Plan Townhouse in the Ivy Cluster, DAMAC Riverside — Below-Market Distress Sale

Property Overview

This is an off-plan four-bedroom townhouse in the Ivy cluster of DAMAC Riverside, a DAMAC Properties riverside community in Dubai Investments Park 2, Dubai. Measuring 2,297 sq ft, it is offered as a below-market distress sale at AED 2,550,000, or about AED 1,110 per sq ft. Handover is scheduled for Q4 2027 on a 75/25 payment plan.

Property Highlights

• Off-plan four-bedroom townhouse in the Ivy cluster, DAMAC Riverside
• 2,297 sq ft in a riverside wellness community
• Classified below market on the agent's assessment (comparable to be logged)
• Waterway living with floating cinema, beach and waterfront dining
• Asking price of AED 2,550,000 (approximately AED 1,110 per sq ft); handover Q4 2027

Deal Classification and Pricing

This is a distress listing classified as Below Market on the agent's and DPF operator's assessment. Against the size of 2,297 sq ft, the asking price works out to about AED 1,110 per sq ft.

A specific dated market comparable was not included in the written brief and is to be recorded on DPF's evidence file; a specific savings percentage is therefore not stated on the page. The agent markets the unit as "price dropped" and "direct with owner" — agent-supplied claims to be verified against current comparable transactions.

Layout and Payment

The brief describes a four-bedroom townhouse of 2,297 sq ft in the Ivy cluster, on a 75/25 payment plan. Bathroom count, parking, plot size, view and furnishing were not supplied and should be confirmed, though four-bedroom units include a private garden, maid's room and covered parking as standard. To keep this listing accurate, no unit-specific details beyond those supplied and standard project features have been added.

About DAMAC Riverside, Ivy and DAMAC

DAMAC Riverside is an off-plan riverside townhouse community by DAMAC Properties in Dubai Investments Park 2, comprising around 1,900 four and five-bedroom townhouses across clusters such as Sage, Ivy and Lush, with architecture inspired by Rome, Paris, London, New York and Amsterdam. Built around a central waterway, the wellness-focused community offers a floating cinema and opera, a man-made beach, hydroponic farms, essential oil lakes, a Zen spa, calisthenics stations, an amphitheatre, waterfront restaurants (Portofino and Island), swimming pools and a gym. The community sits at the intersection of Yalayis Street and Emirates Road, near Al Maktoum International Airport and Expo City. Handover is scheduled for Q4 2027.

Payment Plan and Handover

This is an off-plan resale on a 75/25 payment plan, so the buyer takes over the seller's position subject to DAMAC's transfer process and the signed SPA. The amount paid to date, outstanding balance, transfer fees and exact handover for this unit should be confirmed. Handover is scheduled for Q4 2027.

Location and Connectivity

Dubai Investments Park 2 sits at the intersection of Yalayis Street and Emirates Road, near Al Maktoum International Airport and Expo City Dubai. Specific drive times were not supplied and are not stated here to avoid unverified claims; buyers should confirm distances to their own key destinations.

Verification Notes

• Agent-supplied facts: four-bedroom townhouse, 2,297 sq ft, Ivy cluster, off-plan, AED 2,550,000 asking price, a Q4 2027 handover and a 75/25 payment plan.
• Deal classification: Below Market, kept on the agent's/operator's assessment as instructed. The specific dated market comparable was not supplied and should be added to the evidence record; no savings percentage is stated as a result.
• Calculated by DPF: an indicative AED 1,110 per sq ft from the asking price and stated size.
• Taxonomy: DAMAC Riverside sits in DIP 2; align with the earlier DAMAC Riverside 5-bedroom listing's community/area fields before publishing.
• Researched project facts: developer (DAMAC Properties), DAMAC Riverside clusters (including Ivy), 4-bedroom townhouse sizes, amenities and Q4 2027 handover were taken from DAMAC/market sources.
• The agent's "Price Dropped | Direct with Owner" statement is preserved as an attributed agent marketing claim and is not presented as DPF-verified fact.