5 Bedroom Villa with Maid's Room in DAMAC Riverside, DIP 2, Park Facing Single Row Corner at 19.7% Below OP

Property Overview

This 5-bedroom villa with maid's room in DAMAC Riverside at Dubai Investment Park 2 is available as a distress resale at AED 3,800,000. The villa has a built-up area of 3,407 sq ft on a 2,669 sq ft plot, with a park-facing orientation, single row corner position and G+2 layout (ground floor plus two upper floors). The asking price represents a saving of AED 934,080 (19.7%) against the agent-stated original purchase price of AED 4,734,080. Handover is expected in Q4 2027.

Property Highlights

• Type: 5-bedroom villa with maid's room
• Built-up area: 3,407 sq ft
• Plot size: 2,669 sq ft
• Layout: G+2 (ground floor plus two upper floors)
• Position: single row corner
• View: park facing
• Asking price: AED 3,800,000
• Original price: AED 4,734,080
• Saving from OP: AED 934,080 (19.7%)
• Seller total loss including DLD: AED 1,123,443 (22.8%)
• Rate: AED 1,115 per sq ft (BUA)
• Payment plan: 75/25 (20/55/25)
• Handover: Q4 2027
• Status: off-plan resale
• Ownership: freehold

Why the Price Qualifies as Below OP

The agent states the original purchase price for this villa was AED 4,734,080. The current asking price of AED 3,800,000 is AED 934,080 lower, a reduction of 19.7% from the original contract value. The agent's brief describes the discount as 20% below OP+DLD; the 19.7% figure is the discount from the OP alone (934,080 / 4,734,080 = 19.727%).

Seller Total Loss Including DLD

The seller paid a 4% DLD transfer fee on the original purchase, estimated at AED 189,363. Adding this to the original price gives an all-in cost of AED 4,923,443. The asking price of AED 3,800,000 represents a total seller loss of AED 1,123,443, or 22.8% of their total investment. This is a deep loss, indicating the seller is under significant pressure to exit their position.

Market Context

Bayut data shows 5-bedroom villas in DAMAC Riverside listed across a wide price range:

• AED 3,020,000 (lower end of range)
• AED 3,250,000 for a 5BR corner villa in Lush (below OP listing)
• AED 3,600,000 for a 5BR+maid in Ivy (corner, waterfront and park facing)
• AED 4,452,000 for a 5BR in Olive (3,422 sq ft, Riverside Views, garden facing)
• AED 5,500,000 (upper end of range)

This listing at AED 3,800,000 for 3,407 sq ft sits in the mid-range of available 5BR listings. The AED 1,115 per sq ft rate is consistent with the broader market, where a recent 5BR DLD transaction recorded approximately AED 1,629 per sq ft for a 3,422 sq ft unit. There are cheaper 5BR villas listed in DAMAC Riverside, though those may differ in position, view and plot size.

Property Finder records 2,354 DLD sale transactions in DAMAC Riverside over the past 12 months, a 42.1% decrease year on year, with a DLD transaction average of AED 1,415,809 across all unit types. The median sale price is AED 2,300,000. Bayut reports a 3% price decrease over the past six months.

Park Facing, Single Row Corner with G+2 Layout

The agent confirms this villa is park facing, positioned on a single row corner with a G+2 configuration. This combination is typically the most desirable villa position in a master community:

• Park facing provides an open outlook over landscaped green space with no direct neighbours in front
• Single row means the villa backs onto open space rather than another row of villas, offering more privacy
• Corner position provides a larger effective plot, additional windows on the side elevation and more natural light
• G+2 distributes the 3,407 sq ft of living space across three levels, separating living, sleeping and service areas

The maid's room is standard for 5-bedroom villas in DAMAC Riverside, providing separate service quarters within the villa.

Payment Plan and Buyer Structure

DAMAC Riverside operates on a 75/25 payment plan structured as follows:

• 20% at booking
• 55% during construction
• 25% on handover

As this is a resale, the buyer takes over the remaining payment obligations from the seller. The amount already paid was not disclosed in the brief. With the project at 38% completion and handover expected in Q4 2027, construction-linked instalments are actively being called.

At AED 3,800,000, the payment structure breaks down approximately as:

• 20% booking: AED 760,000
• 55% construction: AED 2,090,000
• 25% handover: AED 950,000

Buyers should request the seller's full payment history and receipts from DAMAC Properties, confirmation of amounts paid and remaining, and whether any NOC fees or assignment fees apply.

About DAMAC Riverside

DAMAC Riverside is a villa and townhouse community by DAMAC Properties in Dubai Investment Park 2 (DIP 2), comprising approximately 1,900 homes across multiple clusters: Ivy, Sage, Lush and Olive. The development offers 4-bedroom and 5-bedroom configurations with Mediterranean-inspired architecture. Five-bedroom villas have a standard BUA of 3,407 sq ft across all clusters.

The development features a distinctive amenity set centred on water and wellness:

• Floating Opera and Floating Cinema
• Essential Oils Lake
• Zen Spa and wellness zones
• Malibu Cove
• Hydroponic farms and community farming initiatives
• Clubhouse
• Swimming pools
• Waterfront promenades
• Children's play areas and landscaped gardens
• Outdoor fitness areas

The project also includes Riverside Views, a waterfront apartment component with separate phases including the Olive and Marine clusters. Overall, Bayut reports 38% project completion, with phased handovers from Q4 2027 (Ivy, Sage, Lush) to Q2 2028 (Olive).

Location and Connectivity

DAMAC Riverside is located in Dubai Investment Park 2 (DIP 2), a mixed-use zone in the Jebel Ali corridor of Dubai. DIP offers a combination of residential, commercial and industrial zones with established infrastructure.

• Sheikh Mohammed Bin Zayed Road (E311): direct access
• Emirates Road (E611): nearby
• Expo City Dubai: approximately 15 minutes
• Al Maktoum International Airport: approximately 20 minutes
• Ibn Battuta Mall: approximately 15 minutes
• Dubai Marina: approximately 25 minutes
• DAMAC Lagoons: adjacent to DIP

DIP 2 is an established area with existing retail, dining and educational facilities. The Green Community and Grand Polo Club and Resort are neighbouring residential developments within DIP.

Verification Notes

Unit-specific facts including 5-bedroom plus maid's room configuration, built-up area of 3,407 sq ft, plot size of 2,669 sq ft, park-facing orientation, single row corner position, G+2 layout, asking price, original purchase price and Q4 2027 handover are sourced from the agent's brief received on 30 September 2026. The 3,407 sq ft BUA matches the standard 5BR size recorded across all DAMAC Riverside clusters per Bayut building data and A1 Properties project data. The 2,669 sq ft plot is the agent-stated figure; Bayut records approximately 2,587 sq ft for end units, suggesting variation across clusters and positions. The agent does not specify which cluster (Ivy, Sage, Lush or Olive) the villa is in; the Q4 2027 handover aligns with Ivy, Sage or Lush, not Olive (Q2 2028). The agent states 20% below OP+DLD; the calculated discount from OP alone is 19.7% (934,080 / 4,734,080 = 19.727%). The total seller loss including the 4% DLD fee is 22.8% of their all-in cost. Bayut shows 5BR listings from AED 3,020,000 to AED 5,500,000. Property Finder records 2,354 DLD transactions in DAMAC Riverside over the past 12 months (42.1% decrease YoY) with a DLD average of AED 1,415,809 and median sale price of AED 2,300,000. Bayut reports a 3% price decrease over six months. Unit number, bathroom count, parking allocation and furnishing status were not stated in the brief and have been omitted. The original purchase price of AED 4,734,080 should be confirmed against the seller's SPA.