Corner 5-Bedroom + Maid Townhouse in Riverside Lush, DAMAC Riverside – 14.6% Below OP

Property Overview

This corner 5-bedroom plus maid's room townhouse in the Lush cluster of DAMAC Riverside, Dubai Investment Park 2, is offered at AED 3,150,000. It has a built-up area of 3,407 sq ft on a 2,363 sq ft plot. The asking price is AED 540,000 below the seller's stated original purchase price of AED 3,690,000, a reduction of 14.6%. Handover is stated for Q4 2027.

Property Highlights

• Property type: 5-bedroom townhouse plus maid's room
• Built-up area: 3,407 sq ft
• Plot size: 2,363 sq ft
• Layout: G+2 (agent-stated)
• Position: corner unit, close to the lagoon (agent-stated)
• Asking price: AED 3,150,000
• Original purchase price (agent-stated): AED 3,690,000
• Saving versus original price: AED 540,000 (14.6%)
• Asking rate: approximately AED 925 per sq ft of built-up area
• Handover: Q4 2027 (agent-stated)
• Developer: DAMAC Properties

Why the Price Qualifies as Below OP

The agent brief states an original purchase price of AED 3,690,000 and an asking price of AED 3,150,000. DPF calculates the difference as AED 540,000, which is 14.6% of the original price; the agent rounds this to 15%. Dividing the asking price by 3,407 sq ft gives an asking rate of about AED 925 per sq ft of built-up area.

The benchmark is the seller's original purchase price as supplied in the agent brief received on 15 October 2026. It is not a DLD transaction record or an independent valuation, so this page does not claim the townhouse is priced below current market value. Buyers should confirm the original price against the SPA or Oqood.

About the Project, Developer and Community

DAMAC Riverside is a townhouse-led master community by DAMAC Properties in Dubai Investment Park 2. Published project information describes four- and five-bedroom townhouses across clusters including Ivy, Lush and Sage, alongside planned apartment buildings. Listed community facilities include a lake with a man-made beach, a clubhouse, an amphitheatre, outdoor and floating cinemas, a community farm, calisthenics equipment, barbecue areas, a gaming zone, boutique retail and cafes.

The Lush cluster is shown as under development. Final amenity delivery should be confirmed against DAMAC's handover documentation.

Layout, Floor and View

The agent confirms a G+2 corner townhouse with five bedrooms and a maid's room, 3,407 sq ft of built-up area and a 2,363 sq ft plot, positioned close to the lagoon. Bathroom count, parking and the exact outlook were not supplied, and DPF has not assumed them. Request the floor plan and plot plan to confirm the layout and the corner garden area.

Payment Plan and Handover

The agent states handover is expected in Q4 2027. The amount already paid and the remaining instalments were not supplied. Buyers should obtain the SPA, Oqood and DAMAC statement of account to confirm the amount paid and the balance due, and check DAMAC's NOC and resale conditions before paying a deposit.

Location and Connectivity

Dubai Investment Park 2 lies in the south-west of Dubai, with road access to Sheikh Mohammed Bin Zayed Road and Emirates Road. DPF has not stated travel times because they were not verified for this listing.

Verification Notes

• Agent-supplied facts: cluster, community, property type, bedrooms, maid's room, built-up area, plot size, G+2 layout, corner position, proximity to the lagoon, Q4 2027 handover, original price and asking price.
• DPF-calculated figures: saving amount, saving percentage and price per sq ft.
• External research: general DAMAC Riverside facts from published project information, not unit-specific records.
• Not supplied: unit number, bathrooms, parking, amount paid and instalment schedule.