Riverside Views - Azure 2
Off-Plan

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
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

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.

Projected Cap Rate
4.3%
NOI AED 34,304 / year
Cash-on-Cash
2.2%
Levered cashflow AED 8,069
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 51,675 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Riverside Views - Azure 2 launch basis883AED 795,000Current launch / asking basis
Damac Riverside ready-stock comps1,500AED 1.35MIndicative resale benchmark
Damac Riverside premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Riverside Views - Azure 2 official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

15% down payment

Flexible Payment

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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

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Damac RiversideDamac RiversideDubai, UAE

Developer Track Record

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

Get Qualified for Riverside Views - Azure 2

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

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