Super Distress: 4BR Single-Row Townhouse in DAMAC Riverside, DIP2 — AED 2,400,000

14.29% Below OP+DLD | AED 400,000 Below Seller’s Cost | 2,396 Sqft BUA | Single Row | Q4 2027 | AED 2,400,000

This is a super distress listing for a 4-bedroom single-row townhouse in DAMAC Riverside by DAMAC Properties, Dubai Investment Park 2 (DIP2), Dubai, UAE. The seller’s total acquisition cost was AED 2,800,000 (OP ~AED 2,692,000 + DLD ~AED 108,000). The distress selling price is AED 2,400,000 — AED 400,000 (14.29%) below the seller’s total all-in cost. The seller exits at a confirmed loss. Buyer all-in (~AED 2,548,200) remains AED 251,800 below the seller’s original total investment. At 2,396 sq ft BUA on a 1,550 sq ft plot — the larger of the two 4BR BUA configurations in the community — single-row, 30% mortgageable at Q4 2027 (December 2027) handover, this is the best-priced 4BR single-row unit in DAMAC Riverside at the time of listing.

Property Highlights

• Project: DAMAC Riverside
• Developer: DAMAC Properties
• Location: Dubai Investment Park 2 (DIP2), Yalayis Street × Emirates Road (E611), Dubai
• Unit Type: 4 Bedroom Townhouse
• BUA: 2,396 sq ft (larger 4BR — community range 2,297–2,396 sq ft)
• Plot Size: 1,550 sq ft
• Layout: G+1 — private garden, covered garage, storage, laundry, balconies
• Row Type: Single Row — end position in cluster of 4 or fewer
• Handover: Q4 2027 (December 2027)
• Payment Plan: 70/30 (10% down + 60% construction + 30% handover)
• Seller’s OP+DLD: AED 2,800,000
• Distress Price: AED 2,400,000
• Saving vs OP+DLD: AED 400,000 (14.29%)
• Saving vs OP alone: ~AED 292,000 (~10.86%)
• Entry Psf (BUA): AED 1,002/sqft
• Ownership: Freehold — all nationalities
• Status: Off-Plan | Under Construction

About DAMAC Riverside — Dubai’s Most Unique Community

DAMAC Riverside is a 1,900-townhouse master community in DIP2 — exclusively 4 and 5-bedroom townhouses, no apartments, clusters of 4 or fewer. Two amenity zones: Water Vein (floating cinema, floating opera, aquatic fitness, essential oil lakes, floating proposal deck, Portofino Ristorante, Island Restaurant) and Green Vein (hydroponic farms, Zen Spa, culinary classes, calisthenics, amphitheatre, children’s adventure land). Clubhouse: gym, co-working, bowling alley, arcade, outdoor cinema. DAMAC Properties: ~46,000 delivered homes, ~33,000 under development. Starting price for 4BR: AED 2.4M (2,297 sqft at AED 1,044/sqft). This distress unit at 2,396 sqft for the same price = AED 1,002/sqft — more space at less per sqft. Located 15 min from Expo City Dubai and 20 min from Al Maktoum Airport (DWC) — currently undergoing AED 128 billion expansion to become the world’s largest airport.

Water Vein and Green Vein — Globally Unprecedented

The Water Vein delivers floating cinema, floating opera, aquatic fitness platforms, splash climbing, essential oil lakes, a romantic floating proposal deck, and two waterfront restaurants. The Green Vein delivers hydroponic community farms, Zen Spa wellness treatments, live culinary classes and BBQ stations, a calisthenics outdoor fitness zone, peace and meditation rooms, an amphitheatre, and a children’s adventure land. No other townhouse community in Dubai or globally assembles this combination. It is permanent and non-replicable.

Community and Lifestyle

• Yalayis Street × Emirates Road (E611) — dual highway access
• Expo City Dubai ~15 min — Dubai’s fastest-developing mixed-use destination
• Al Maktoum Airport (DWC) ~20 min — AED 128B expansion underway to world’s largest airport
• Trump International Golf Club ~25 min; Jumeirah Golf Estates ~20 min
• Schools: Nibras International (American, KG–Grade 12), South View School, Royal Grammar School Guildford Dubai, International School of Choueifat DIP
• Within walking distance: Al Maya Supermarket, Aster Pharmacy, hypermarket
• DIP2/Dubai South corridor: one of Dubai’s fastest-appreciating residential zones

Amenities — Water Vein + Green Vein + Clubhouse

• Water Vein: Floating cinema, floating opera, aquatic fitness, floating sports and splash climbing, essential oil lakes, floating proposal deck, Portofino Ristorante, Island Restaurant
• Green Vein: Hydroponic farms, Zen Spa, culinary classes and live BBQ, calisthenics zone, peace and meditation rooms, amphitheatre, children’s adventure land
• Clubhouse: Fully equipped gym, co-working space, bowling alley, arcade, outdoor cinema
• Per unit: Private garden, covered garage, storage room, laundry room, multiple balconies
• 24-hour gated community security

Layout and Floor Plan

4BR DAMAC Riverside townhouses: 2,297–2,396 sqft BUA. This unit is 2,396 sqft (larger) on a 1,550 sqft plot. G+1: Ground — open-plan kitchen/living/dining, private garden, covered garage, storage, laundry, powder room; First — master en-suite with balcony, two additional bedrooms, family bathroom. Multiple balconies. Single-row: exterior walls on more than one side — more light, privacy, cross-ventilation. Full floor plan on request.

Distress Analysis and Payment Plan

Seller OP+DLD = AED 2,800,000. SP = AED 2,400,000 — seller exits at AED 400,000 (14.29%) confirmed loss. 70/30 plan: 10% down, 60% construction, 30% Q4 2027. The 30% (~AED 720,000) is mortgageable. Assignment: DLD 4% (~AED 96,000) + trustee (~AED 4,200) + agency ~2% (~AED 48,000) = ~AED 2,548,200 all-in — still AED 251,800 below seller’s original total cost.

Location and Connectivity

• Expo City Dubai: ~15 min
• Al Maktoum International Airport (DWC): ~20 min
• Emirates Road (E611): direct access
• Sheikh Zayed Road (E11): ~15 min
• Mall of the Emirates: ~25 min
• Dubai Marina / JBR: ~30 min
• Palm Jumeirah: ~30 min
• Dubai International Airport (DXB): ~35 min
• Downtown Dubai: ~35 min

Why This is a Super Distress Deal

• AED 400,000 confirmed loss for seller: OP+DLD was AED 2.8M. Seller exits at AED 2.4M — a genuine exit at material loss. Buyer all-in (~2.55M) still AED 251,800 below seller’s cost
• Larger BUA at same price as developer’s smallest unit: Developer 4BR starts at AED 2.4M for 2,297 sqft (AED 1,044/sqft). This unit is 2,396 sqft at same price = AED 1,002/sqft — more space per dirham
• Single row in low-density cluster: Max 4 units per cluster. Single-row = exterior walls on multiple sides. Premium of 5–15% over interior cluster units in secondary market
• 30% mortgageable at Q4 2027 handover: ~AED 720,000 financed at delivery — generates immediate rental income
• World-first amenity concept: Floating cinema, floating opera, essential oil lakes, hydroponic farms, Zen Spa — no competing community in Dubai or globally can replicate this
• Al Maktoum Airport AED 128B expansion: DIP2/Dubai South is the primary beneficiary — Q4 2027 handover aligns with active expansion and appreciation phase
• 1,900 units capped — all family-format: No apartments ever. Permanent supply constraint
• Golden Visa eligible: AED 2,400,000 — above AED 2M threshold

Frequently Asked Questions (FAQs)