5-Bedroom Townhouse in Ivy, DAMAC Riverside – Below Original Price

Property Overview

This 5-bedroom townhouse in Ivy at DAMAC Riverside, Dubai Investments Park, is offered as a distress resale at AED 3,900,000 against an agent-stated original purchase price of AED 4,200,000, a saving of AED 300,000 (7.1%). The townhouse has a built-up area of 3,422 sq ft on a 2,363 sq ft plot, working out to approximately AED 1,140 per sq ft.

Property Highlights

• Asking price: AED 3,900,000
• Original purchase price (agent-stated): AED 4,200,000
• Saving versus OP: AED 300,000 (7.1%)
• Built-up area: 3,422 sq ft
• Plot size: 2,363 sq ft
• Price per sq ft (BUA): approx. AED 1,140
• Type: 5-bedroom townhouse
• Cluster: Ivy, DAMAC Riverside
• Status: off-plan resale

Why the Price Qualifies as Below OP

The benchmark is the seller's original purchase price of AED 4,200,000, supplied in the agent brief on 1 October 2026. The asking price of AED 3,900,000 is AED 300,000 lower, which is 7.1% of the original price. Dividing the asking price by the 3,422 sq ft built-up area gives approximately AED 1,140 per sq ft.

The brief does not say whether the seller covers the Dubai Land Department transfer fee, so buyers should assume they will pay it. At the standard 4% rate, that would be about AED 156,000 on the asking price, plus trustee and other transaction costs.

About the Project, Developer and Community

Ivy is a townhouse cluster within DAMAC Riverside, a riverside-themed community by DAMAC Properties in Dubai Investments Park 2. Published project information describes 4- and 5-bedroom townhouses, with 5-bedroom units of about 3,400 sq ft that include a maid's room. Each home comes with a private garden, terrace and parking, and community facilities include a gym, spa, game zone, hydroponic farms and barbecue stations. The published handover target for Ivy is the end of 2027.

Layout and Plot

The agent gives a built-up area of 3,422 sq ft and a plot of 2,363 sq ft. A built-up area larger than the plot is consistent with a multi-level townhouse. Bathroom count, orientation, view and position in the cluster were not supplied and should be confirmed from the floor plan and SPA.

Payment Plan and Handover

The brief does not state the handover date, the amount already paid or the remaining balance. The project's payment plan placed a share of the price on handover. Buyers should confirm the handover date, paid amount and outstanding instalments against the SPA and DAMAC's statement of account before committing.

Location and Connectivity

Dubai Investments Park 2 has road access from Emirates Road and the Jebel Ali–Al Hibab Road, close to Expo City Dubai, Jebel Ali and Dubai South. Actual travel times depend on traffic and route.

Verification Notes

• Agent-supplied facts: cluster, bedrooms, property type, BUA, plot, original price and asking price.
• Calculated by DPF: saving amount, saving percentage, price per sq ft and indicative 4% DLD fee.
• External research: project and community facts from published Ivy at DAMAC Riverside information.
• Not verified: the original price, handover, paid amount and availability. Confirm against the SPA and DAMAC records before any payment.