Riverside Views - Marine 2
Off-Plan

Riverside Views - Marine 2

From AED 1.35M·Handover Mar 2029·15% down payment Payment
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AED 1.35M
Starting Price
Mar 2029
Handover
15% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Riverside Views - Marine 2 is a premium residential complex by Damac Properties, located in the prestigious Damac Riverside district. The project consists of a ground floor, three podium levels, and two residential blocks, each with 14 floors. The building offers elegant one- and two-bedroom apartments. The architecture of the complex is designed in a modern style, with a facade clad in high-quality materials that emphasize its exclusivity. The design blends seamlessly with the surrounding environment, creating an atmosphere of sophistication and comfort. The interiors feature stylish finishes, well-thought-out details, and ergonomic layouts that ensure a high level of convenience. Floor-to-ceiling windows fill the spaces with natural light and provide picturesque views of the surroundings. Residents have access to premium amenities, including a fitness center, a spacious swimming pool, relaxation areas, and scenic waterfront promenades. The complex also houses Portofino and Island Restaurant, where guests can enjoy gourmet cuisine with stunning waterfront views. Thanks to its prime location, Riverside Views - Marine 2 offers excellent transport accessibility to key areas of the city. Downtown Dubai is a 25-minute drive away, Dubai Marina can be reached in 20 minutes, and Dubai International Airport is approximately 35 minutes away.

Project Specifications
DeveloperDamac Properties
LocationDamac Riverside
Unit Types1 BR, 2 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 58,080 / year
Cash-on-Cash
2.2%
Levered cashflow AED 13,662
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 87,490 / 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 - Marine 2 launch basis1,496AED 1.35MCurrent 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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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
Club house
Dining outlets (coffee houses & restaurants)
Kids Play Area
Leisure areas
Outdoor cinema
Recreational areas
Retail outlets
Shared Pool
Shared gym & fitness
Sports ground

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 - Marine 2 by Damac Properties

02

Located in Damac Riverside

03

Starting from AED 1,346,000

04

Unit mix includes 1 BR, 2 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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