5 Bed Corner Townhouse at DAMAC Riverside, DIP 2 – Park Facing, AED 450K Below Original Price

Property Overview

This five-bedroom townhouse at DAMAC Riverside, Dubai Investment Park 2, is an off-plan resale offered at AED 3,900,000. The agent describes it as a single-row corner unit facing a park. The stated original purchase price is AED 4,350,000, so the asking price is AED 450,000 (10.3%) below OP. The cluster, built-up area and plot size were not supplied in the brief.

Property Highlights

• Asking price: AED 3,900,000
• Original purchase price (agent-stated): AED 4,350,000
• Saving versus OP: AED 450,000 (10.3%)
• Bedrooms: 5
• Position: single row, corner unit, park facing (agent-stated)
• Status: off-plan resale

Why the Price Qualifies as Below OP

The benchmark is the seller's original purchase price of AED 4,350,000, from the agent brief received on 14 October 2026. The asking price of AED 3,900,000 is AED 450,000 lower, equal to 10.3% of OP, matching the agent's stated AED 450,000 discount. A price per square foot cannot be calculated because the size was not supplied.

This comparison is with the seller's own purchase price only. It is not a claim that the townhouse is below current market value. Confirm the original price in the SPA before making an offer.

About the Project, Developer and Community

DAMAC Riverside is a waterside townhouse and villa community by DAMAC Properties in Dubai Investment Park 2, on the city's southern growth corridor towards Expo City Dubai and Al Maktoum International Airport. The masterplan is arranged in clusters, including Ivy, Sage, Lush and Olive, set among landscaped areas and waterways. It offers four- and five-bedroom homes. Published lifestyle features include water-based recreation, floating dining, outdoor fitness and wellness spaces, and community farming areas.

Layout and Plot

The agent describes a five-bedroom townhouse in a single-row, corner, park-facing position. Corner units typically have a larger plot or extra side garden, but the built-up area, plot size, cluster, bathroom count and parking were not supplied. Developer marketing lists five-bedroom Riverside homes at around 3,400 sq ft of built-up area. Confirm this unit's figures from the SPA, floor plans and the cluster masterplan.

Payment Plan and Handover

The amount the seller has paid, the remaining balance and the handover date were not supplied. DAMAC Riverside launched on a plan of 20% on booking, 55% during construction and 25% on handover. Published handover timing is Q4 2027 for the Ivy, Sage and Lush clusters and Q2 2028 for Olive. Obtain DAMAC's statement of account and confirm the contractual date in the SPA.

Location and Connectivity

Dubai Investment Park 2 sits off Sheikh Mohammed Bin Zayed Road and Emirates Road, near Expo City Dubai and Dubai South. Exact travel times depend on the route and time of day and have not been verified for this listing.

Verification Notes

• Agent-supplied facts: project, property type, bedrooms, single-row corner park-facing position, asking price and original price.
• DPF-calculated figures: saving amount and saving percentage.
• External research: clusters, unit mix, typical five-bedroom size, lifestyle features, launch payment plan and cluster handover timing, from a secondary property portal rather than an official DAMAC page.
• Not supplied: cluster, built-up area, plot size, amount paid, handover date, bathrooms, parking and unit number.