Distress Property, Near To Handover, OFF PLAN

Super Distress | 4BR Single-Row DAMAC Riverside DIP 2 | AED 2,400,000 | AED 400K Below OP+DLD

Ref: RIVERSIDE-DIP-4BR-001

Dubai Investment Park 2, United Arab Emirates

Bedrooms

4

Down Payment

20%

Handover Date

Q2 2028
aed 2,400,000
Request_call
Description

Super Distress Deal — 4BR Single-Row DAMAC Riverside | AED 2,400,000 | AED 400,000 Below OP+DLD

4-Bedroom Single-Row Townhouse, DAMAC Riverside, Dubai Investment Park 2 — Best Price in Market

This is a super distress sub-sale on a 4-bedroom single-row townhouse in DAMAC Riverside — one of Dubai’s most distinctive nature-inspired waterfront communities, built by DAMAC Properties in Dubai Investment Park 2 (DIP 2). The seller’s total acquisition cost, inclusive of the developer’s original price and the 4% DLD fee paid at the time of purchase, was AED 2,800,000. The distress asking price is AED 2,400,000: a real, all-in saving of AED 400,000 (14.3%) — a documented AED 400,000 discount below what the seller paid. At AED 1,002/sqft on a BUA of 2,396 sq ft with a private garden on a 1,550 sq ft plot, in the single-row premium positioning within the cluster, this is the sharpest entry point currently available for a 4-bedroom DAMAC Riverside unit on the secondary market. The seller needs to exit and is willing to absorb the full 400K loss — the buyer captures it entirely at transfer.

Property Highlights

  • Project: DAMAC Riverside
  • Developer: DAMAC Properties (est. 2002)
  • Community: Dubai Investment Park 2 (DIP 2), Dubai, UAE
  • Location: Yalayis Street & Emirates Road junction, DIP 2
  • Type: 4-Bedroom Townhouse — Single Row
  • Bedrooms: 4 | Bathrooms: Available on request
  • BUA (Built-Up Area): 2,396 sq ft
  • Plot Size: 1,550 sq ft
  • Row Type: Single Row — open aspect, no rear neighbour
  • Private Garden: Yes
  • Balcony: Yes
  • Parking: Covered garage
  • Handover: Q2 2028
  • Payment Plan (inherited): 70/30
  • Distress Asking Price: AED 2,400,000
  • Seller’s Total Cost (OP + DLD): AED 2,800,000
  • Discount vs Seller’s Cost: AED 400,000 (14.3%)
  • Price Per Sq Ft (BUA): AED 1,002
  • Ownership: Freehold — open to all nationalities
  • Golden Visa Eligible: Yes (AED 2M+ qualifying threshold exceeded)

About DAMAC Riverside and DAMAC Properties

DAMAC Riverside is a large-scale, nature-inspired master community of 1,900 exclusively townhouse residences in Dubai Investment Park 2, developed by DAMAC Properties — one of the UAE’s largest listed private developers, established in 2002 and responsible for DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons, and multiple internationally branded residences across Dubai. DAMAC Riverside launched in May 2024 as DAMAC’s first community to be organised entirely around dual lifestyle “veins” — the Water Vein and the Green Vein — rather than the traditional amenity podium model. This distinction creates a genuinely immersive, nature-connected living environment that differentiates DAMAC Riverside from comparable townhouse communities at a similar price point in Dubai’s outer residential corridor.

The community is organised into three architecturally distinct themed clusters — Ivy, Lush, and Sage — with each cluster housing 4-bedroom mid townhouses, 4-bedroom end townhouses, and 5-bedroom townhouses in groups of no more than four units. The maximum cluster size of four units is a deliberate design choice that creates a low-density, semi-private environment for each grouping — significantly quieter and more intimate than the back-to-back rows found in many Dubai townhouse developments. There are no high-rise apartment towers within DAMAC Riverside, preserving a consistent low-rise character across the entire 1,900-unit community.

Community and Lifestyle

  • 1,900 exclusively townhouse community — no apartments or high-rise towers
  • Three themed clusters: Ivy, Lush, and Sage — each with distinct architectural identity
  • Maximum of four townhouses per cluster — intimate, semi-private groupings
  • Water Vein: Floating opera, floating cinema, aquatic fitness centre, essential oil lakes, Portofino Ristorante, Island Restaurant, floating proposal deck
  • Green Vein: Hydroponic farms, Zen spa, culinary classes, yoga and meditation, BBQ zones, outdoor gym, children’s play areas, crafting stations
  • Swimming pools and wellness facilities throughout the community
  • Splash climbing, water-inspired fitness spaces
  • Nibras International School Dubai (American Curriculum) — walking distance
  • Greenfield International School — 10 minutes
  • International School of Choueifat DIP — nearby
  • NMC Royal Hospital DIP — 10 minutes
  • Al Maya Supermarket, Aster Pharmacy — within walking distance
  • Expo City Dubai — 15-minute drive (offices of Siemens Energy, Emirates Airlines, global organizations)
  • Trump International Golf Club — nearby DIP/Dubai South area
  • Jumeirah Golf Estates & The Els Golf Club — short drive

The Single-Row Advantage

Single-row units in DAMAC Riverside occupy positions on the outer perimeter of their cluster rather than being enclosed between adjacent units on both sides. This positioning delivers an open rear aspect — the private garden faces open community greenery, a park view, or a water feature rather than the rear wall of a neighbouring townhouse. The practical benefits: better natural light and ventilation in the living spaces that open to the garden; greater privacy for garden use and outdoor entertaining; and a material uplift in rental appeal and resale liquidity versus equivalent back-to-back mid-row units. In communities like DAMAC Riverside where the lifestyle proposition is built on nature immersion and open-space living, the single-row orientation is the configuration that most authentically delivers that promise. At AED 2,400,000 — already the deepest discount available in the community — this single-row unit offers a premium product at distress pricing.

Amenities

  • Water Vein: Floating opera, floating cinema, aquatic fitness centre, essential oil lakes, splash climbing, Portofino Ristorante (waterfront dining), Island Restaurant, floating proposal deck
  • Green Vein: Hydroponic farms, Zen spa and wellness centre, culinary classes, yoga and meditation zones, BBQ and picnic areas, outdoor gymnasium, children’s play areas and crafting stations
  • Community swimming pools and leisure water features
  • Fitness and wellness nodes throughout both veins
  • Retail cafés and promenades
  • Private garden per townhouse
  • Covered garage parking per unit
  • 24-hour gated community security
  • Maintenance services

Layout and Floor Plan

The 4-bedroom single-row townhouse spans 2,396 sq ft BUA on a 1,550 sq ft plot in a G+1 layout. The ground floor delivers an open-plan living and dining area flowing directly to the private garden, a fully fitted kitchen, a laundry room, and access to the covered garage. The first floor accommodates the four bedrooms, including a master suite. The single-row orientation means the garden opens to community green space rather than a rear-neighbour wall, delivering the open-aspect lifestyle that defines premium positioning within the cluster. A balcony extends from the first floor. Exact unit position within the Ivy, Lush, or Sage cluster, the specific row, and the detailed floor plan are available on request from DistressPropertyFinder.com.

Payment Plan — The 14% Discount Explained

  • DAMAC 70/30 Payment Plan: 70% during construction (staged), 30% at Q2 2028 handover
  • Original DAMAC Price (approx.): ~AED 2,692,308
  • 4% DLD Paid by Seller at Purchase: ~AED 107,692
  • Seller’s Total Documented Cost (OP + DLD): AED 2,800,000
  • Distress Asking Price: AED 2,400,000
  • Discount vs Seller’s All-In Cost: AED 400,000 (14.3%)
  • New Buyer’s DLD (4%): AED 96,000
  • Trustee / Conveyancing: ~AED 4,200
  • Buyer Agency Fee (2%): AED 48,000
  • Transfer-Stage All-In: ~AED 2,548,200
  • Remaining DAMAC Instalments: Confirmed from seller’s SPA within 24 hours

The 14% discount is calculated against the seller’s total all-in cost of AED 2,800,000 — including both the developer’s original price (~AED 2,692,308) and the 4% DLD fee (~AED 107,692) the seller paid at purchase. This is the most transparent distress benchmark: the seller paid AED 2,800,000 to own this unit and is selling it for AED 2,400,000, absorbing a documented AED 400,000 loss purely to exit quickly. The buyer steps into the seller’s DAMAC SPA with the remaining 70/30 payment schedule. Exact amounts already paid and the remaining instalment schedule are confirmed within 24 hours from the seller’s DAMAC payment records.

Location and Connectivity

  • Yalayis Street (Jebel Ali Al Hibab Road): Direct community frontage
  • Emirates Road (E611): Primary highway — immediate access
  • Sheikh Zayed Bin Hamdan Al Nahyan Street (D54): 5 minutes
  • Expo City Dubai: ~15 km (15-minute drive)
  • Al Maktoum International Airport (DWC): ~18 km (20-minute drive)
  • Jebel Ali Free Zone (JAFZA): ~20 km (20-minute drive)
  • Dubai South / Dubai World Central: ~18 km (20-minute drive)
  • Palm Jumeirah: ~28 km (28-minute drive)
  • Dubai Marina / JBR: ~28 km (28-minute drive)
  • Mall of the Emirates: ~25 km (25-minute drive)
  • DAMAC Hills (Trump Golf Club): ~15 km (18-minute drive)
  • Downtown Dubai / Burj Khalifa: ~38 km (35-minute drive)
  • Dubai International Airport (DXB): ~40 km (35-minute drive)

Why This DAMAC Riverside 4BR at AED 2,400,000 Is the Best Price in Market

  • AED 400,000 (14.3%) below the seller’s total documented cost: This is not a theoretical discount — the seller paid AED 2,800,000 (including DLD) and is exiting at AED 2,400,000. Every AED 400,000 of that gap is equity transferred to the buyer at the moment of DLD registration.
  • Single-row premium at distress pricing: Single-row units command higher rents and faster tenancy fills in every townhouse community. At AED 2,400,000 — below the standard mid-row developer price — the buyer acquires the premium configuration at a below-standard-unit price.
  • AED 1,002/sqft on a 2,396 sqft townhouse: This is one of the lowest price-per-sqft entry points available for a new Emirati-style townhouse in Dubai’s outer residential corridor. DAMAC’s original developer pricing for this unit type was ~AED 1,124/sqft.
  • Al Maktoum Airport / Expo City growth corridor: DAMAC Riverside sits 20 minutes from Al Maktoum International Airport — which is being developed into the world’s largest airport — and 15 minutes from Expo City Dubai, the fastest-growing corporate hub in the UAE. Infrastructure investment in this corridor is the primary driver of the capital appreciation thesis for DIP property over the 2025–2030 period.
  • 1,900 townhouses only — no apartment towers: Supply is permanently capped at 1,900 low-density townhouse units. No vertical expansion is possible within the community’s master plan. As the Al Maktoum corridor matures and corporate employment in Expo City and DIP grows, this structural supply constraint supports capital appreciation.
  • 4BR Al Furjan 4.9% ROI benchmark; 7.1–8.3% projected at this price: Comparable 4-bedroom townhouses in the adjacent Al Furjan community achieve annual rents of AED 170,000+. At AED 2,400,000, this projects a gross yield of 7.1–8.3% — above the Al Furjan benchmark.
  • DAMAC delivery track record — 46,000+ homes delivered: DAMAC has delivered 46,000+ residential units and has 33,000+ in active development. Q2 2028 is a realistic and confirmed handover schedule for this phase of DAMAC Riverside.
  • Golden Visa eligible at AED 2,400,000: Purchase price exceeds the AED 2,000,000 threshold for the UAE 10-year Golden Visa.

Frequently Asked Questions (FAQs)

What is the asking price and how is the 14% discount calculated?

The distress asking price is AED 2,400,000. The seller’s total all-in cost — DAMAC original price plus the 4% DLD fee paid at purchase — was AED 2,800,000. The discount of AED 400,000 (14.3%) represents the full gap between the seller’s documented cost and the distress price. The seller absorbs a AED 400,000 loss — which is entirely transferred to the buyer as equity at the moment of DLD registration.

What does “single row” mean in DAMAC Riverside and why is it important?

Single-row townhouses in DAMAC Riverside are positioned on the outer perimeter of their cluster, giving the private garden an open rear aspect facing community greenery rather than the back wall of another townhouse. This delivers better natural light, improved ventilation in the living spaces, greater privacy for garden use, and a rental and resale premium over back-to-back mid-row equivalents. In a community built around nature immersion and outdoor living, single-row is the configuration that most authentically delivers the DAMAC Riverside lifestyle promise.

Who is DAMAC Properties and what is DAMAC Riverside?

DAMAC Properties is one of the UAE’s largest listed private developers, established in 2002 by Hussain Sajwani. DAMAC has delivered 46,000+ homes and has 33,000+ units in active development. DAMAC Riverside is a 1,900-unit exclusively townhouse community in DIP 2, launched May 2024 — DAMAC’s first community organised around the dual Water Vein and Green Vein lifestyle model. Q2 2028 handover confirmed.

What are the unit specifications?

4-bedroom single-row townhouse: BUA 2,396 sq ft, plot 1,550 sq ft, G+1 layout. Private garden opening to community green space (single-row), covered garage, balcony, open-plan living/dining, fitted kitchen, laundry room. Exact cluster (Ivy, Lush, or Sage), row position, and detailed floor plan available on request from DistressPropertyFinder.com.

When is the handover and what is the payment plan?

Handover Q2 2028. DAMAC’s 70/30 plan: 70% staged during construction, 30% at handover. On resale, buyer assumes the seller’s DAMAC SPA — DAMAC does not issue a new plan. Exact amounts paid and remaining schedule confirmed within 24 hours from seller’s payment records.

What is the ownership type and who can purchase?

DAMAC Riverside is freehold — open to all nationalities with full DLD-registered title deed. At AED 2,400,000, the buyer qualifies for both the UAE 2-year investor visa and the 10-year Golden Visa (AED 2M+ threshold exceeded). No Golden Visa threshold is reached in very few Dubai townhouse communities at this price bracket.

What are the total acquisition costs for the buyer including DLD?

Transfer-stage all-in: ~AED 2,548,200 — AED 2,400,000 to seller + new DLD fee AED 96,000 (4%) + trustee ~AED 4,200 + agency AED 48,000 (2%). Plus remaining DAMAC construction instalments and 30% handover payment, confirmed from the seller’s SPA. Full cost sheet available within 24 hours.

What rental income and yield can I expect after Q2 2028 handover?

4-bedroom townhouses in Al Furjan (the comparable adjacent community to DAMAC Riverside) achieve annual rents starting from AED 170,000, delivering a ~4.9% ROI at market prices. At the distress price of AED 2,400,000 with rents of AED 170,000–200,000/yr, the gross yield is 7.1–8.3% — above the benchmark. The Al Maktoum International Airport expansion and Expo City Dubai’s growing corporate base are expected to sustain and grow rental demand in DIP over the 2025–2030 period.

Why is the Al Maktoum Airport / Expo City location important for investment?

Al Maktoum International Airport (DWC), 20 minutes from DAMAC Riverside, is undergoing a multi-decade, multi-billion-dollar expansion to become the world’s largest airport — planned capacity of 260 million passengers per year. The construction programme, related aerospace and logistics businesses, and the adjacent Expo City corporate campus (already home to Siemens Energy, Emirates Airlines, and global institutions) create a sustained demand for residential property in the DIP corridor that is structurally different from demand in established communities farther from this infrastructure investment.

How do I proceed through DistressPropertyFinder.com?

Contact the DPF team via WhatsApp quoting reference RIVERSIDE-DIP-4BR-001. Within 24 hours you receive: the original DAMAC SPA, payment receipt history (paid and remaining), Q2 2028 handover schedule, floor plan with cluster, row, and unit position, and a full cost sheet. DistressPropertyFinder.com manages the DAMAC NOC, MOU, DLD transfer, and Q2 2028 handover coordination end-to-end.

Payment_Plan

MilestonePayment%
Down_Payment20%
During_Construction50%
On_Handover30%

Features

24x7 Security
24x7 Security
Balcony
Balcony
Barbeque
Barbeque
Built in Wardrobes
Built in Wardrobes
Children's play areas
Children's play areas
Community Centre
Community Centre
Covered Parking
Covered Parking
Distress Deal
Distress Deal
Fitness center
Fitness center
Gym
Gym
Landscape garden
Landscape garden
Outdoor cinema
Outdoor cinema
Pets Allowed
Pets Allowed
private Garden
private Garden
Swimming Pool
Swimming Pool
Yoga
Yoga

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