5BR Townhouse in DAMAC Riverside, DIP at AED 5,500,000 - Off-Plan, 60% Paid, Corner Plot 2,757 sqft

Property Overview

A 5-bedroom townhouse in DAMAC Riverside by DAMAC Properties in Dubai Investment Park. The asking price is AED 5,500,000 for 3,407 sqft BUA on a 2,757 sqft corner plot, equalling AED 1,614 per sqft. The unit is off-plan with 60% of the purchase price already paid. Handover is expected Q4 2027.

Property Highlights

• Type: 5-bedroom townhouse
• Built-up area: 3,407 sqft (confirmed by multiple sources)
• Plot size: 2,757 sqft (corner, above standard)
• Asking price: AED 5,500,000
• Rate: AED 1,614 per sqft
• Payment status: 60% paid
• Handover: Q4 2027

Important: Pricing Context

Current 5BR resale asking prices in DAMAC Riverside:

• AED 3,500,000 for 5BR back-to-back in Lush (3,407 sqft, 1,550 sqft plot)
• AED 3,800,000 for 5BR in Sage
• AED 4,004,000 to AED 4,012,000 for 5BR corner in Ivy (3,422 sqft, 2,364 sqft plot)
• AED 4,300,000 for 5BR in Olive (new launch phase)

The asking price of AED 5,500,000 is AED 1,200,000 to AED 2,000,000 above current comparable listings. The larger corner plot of 2,757 sqft commands a premium over standard plots, but the asking price is significantly above the market range. No original purchase price was provided by the agent, so it is not possible to determine whether this represents a loss or profit for the seller.

Buyers should compare this against available 5BR corner units at AED 4,000,000 to AED 4,300,000 before proceeding.

Plot Size Context

The 2,757 sqft plot is at the upper end of DAMAC Riverside 5BR plots. Standard configurations include: back-to-back units at 1,550 sqft, end units at 2,364 to 2,587 sqft and corner units at larger plots. The 2,757 sqft figure suggests a premium corner position. The specific sub-community (Ivy, Sage, Lush or Olive) is not stated.

About DAMAC Riverside

DAMAC Riverside is a low-density townhouse community by DAMAC Properties spanning 10 million sqft in Dubai Investment Park 2. The development comprises approximately 1,900 townhouses across 4BR and 5BR configurations in sub-communities named Ivy, Sage, Lush and Olive, plus the Riverside Views apartment component. The design features a Green Vein (park spine) and Water Vein (lakes, streams and waterways) running through the community.

Amenities

DAMAC Riverside features essential oil lakes, zen spa, aquatic fitness zones, a floating opera stage, open-air cinema, hydroponic farms, a floating restaurant, clubhouse with gymnasium and co-working spaces, bowling, arcade room, community kitchen, organic farm, amphitheatre, children's playgrounds, BBQ areas, climbing wall and sports facilities. Each townhouse includes a private swimming pool and smart home systems.

Location

DAMAC Riverside is in Dubai Investment Park 2, accessible via Yalayis Street and Emirates Road. The location is in the Jebel Ali district, near Al Maktoum International Airport.

Verification Notes

The asking price, BUA, plot size and 60% payment status are from the agent brief. No original purchase price was provided. The BUA of 3,407 sqft is confirmed by multiple sources. The asking price is above current comparable listings. Buyers should verify the original purchase price, remaining payment obligations, specific sub-community and corner plot positioning.