
Riverside - Olive is a collection of townhouses within the Riverside project, located in the Damac Riverside Views area. The project features residences with 4 and 5 bedrooms, whose architectural design is inspired by the luxury of global cities such as Rome, Paris, London, New York, and Amsterdam. Interiors are designed in a contemporary style. The project offers premium infrastructure with a variety of entertainment facilities. Residents can enjoy aqua fitness zones, a climbing wall, a lake with essential oils, a stage for opera and a cinema right on the water, as well as two restaurants. Culinary classes, hydroponic farms, a Zen spa, barbecue areas, relaxation and meditation rooms, and an amphitheater are also available. The project territory includes a clubhouse with a gym, coworking spaces, bowling, arcade games, and an open-air cinema. Riverside is strategically located between Jebel Ali Al-Hibab Road and Emirates Road. From this location, it is easy to reach many popular spots in Dubai. For example, it’s just a 25-minute drive to Palm Jumeirah, 24 minutes to Dubai Marina, 10 minutes to Damac Lagoons, and also 12 minutes to Al Maktoum International Airport.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Riverside - Olive launch basis | 4,820 | AED 4.34M | Current launch / asking basis |
| Damac Riverside ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Damac Riverside premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |

























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Damac Riverside
Riverside - Olive by Damac Properties
Located in Damac Riverside
Starting from AED 4,338,000
Unit mix includes 5 BR, Townhouse
Expected handover: Jun 2028
Official brochure and PDF marketing materials available
Official render/gallery images available
High-ticket buyer routing · Branded / luxury filtering · Serious capital only
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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