Riverside Views - Azure 2 — project image
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Riverside Views - Azure 2

From AED 795,000·Handover Mar 2029·15% down payment Payment
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AED 795,000
Starting Price
Mar 2029
Handover
15% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

Riverside Views - Azure 2 is a prestigious residential complex by Damac and forms part of the large-scale Riverside Views project. The development consists of a single complex made up of five interconnected blocks. They share a common ground floor and a two-level podium, above which each block rises eight residential floors. The collection features modern studios and 1-bedroom apartments. The architecture of the complex is defined by elegant lines, large panoramic windows, and the use of modern materials, giving the building a striking and contemporary appearance. Interiors are designed in a minimalist style with a focus on comfort and practicality. Light tones, high-quality finishes, and well-thought-out layouts create an atmosphere of harmony and convenience. Residents enjoy a wide selection of amenities including a floating opera, wedding deck, restaurants, barbecue and relaxation areas, an amphitheater, picnic lawn, and a children’s playground. The unique location makes Riverside Views - Azure 2 especially attractive. Al Maktoum International Airport can be reached in 12 minutes, while Dubai Outlet Mall is only 19 minutes away.

Project Specifications
DeveloperDamac Properties
LocationDamac Riverside
Unit TypesStudio, 1 BR, Apartments
AreaDamac Riverside
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 34,304 / year
Cash-on-Cash
2.2%
Levered cashflow AED 8,069
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 365,700 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

15% down payment

Published payment summary

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Amenities & Lifestyle

BBQ
Climbing Wall
Club house
Community Lawn
Dining outlets (coffee houses & restaurants)
Floating Cinema
Kids Play Area
Lagoon
Leisure areas
Lift
Lobby
Multipurpose Sports Courts
Outdoor cinema
Pool Deck
Recreational areas
Resting Areas
Retail outlets
Shared Pool
Shared gym & fitness
Sitting Area
Social zone
Sports ground
Walking paths

Location

Damac Riverside

Nearby Destinations

Damac Riverside

Developer and Project Facts

01

Riverside Views - Azure 2 by Damac Properties

02

Located in Damac Riverside

03

Starting from AED 795,000

04

Unit mix includes Studio, 1 BR, Apartments

05

Expected handover: Mar 2029

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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